Day: February 20, 2019

Pan American Silver Reports Mineral Reserves of 280 Million Ounces and Continued Success at the La Colorada Skarn Discovery

2018 was a very successful year for near-site mine exploration with the replacement of over 21 million ounces of silver and the major skarn discovery at La Colorada, which is not yet reflected in our proven and probable reserves or resources, said Christopher Emerson, Pan American’s Vice President Business Development and Geology. Drill hole U-68-18 with 308 metres of polymetallic mineralization is another impressive result of this major discovery.

Pan American Silver Reports Unaudited 2018 Annual and Fourth Quarter Results

“Pan American’s operations demonstrated solid performance in 2018, highlighted by the lowest cash costs on record since 2006. This performance resulted in strong cash flow generation and a healthy financial position at year end,” said Michael Steinmann, President and Chief Executive Officer of the Company. “Importantly, we advanced our strategy of developing new catalysts to generate value for shareholders. Our acquisition of Tahoe Resources will result in a more diversified Pan American with a strong portfolio of cash-generating assets and superior growth opportunities. In addition, our major exploration discovery at La Colorada demonstrates a significant opportunity for long-term organic growth.”

Aloro Appoints Ken Balleweg as Technical Advisor

Ken, along with Melvin A. Herdrick, PGeo, Technical Advisor, and Isidro Flores, M.Sc. in Geology from the University of Sonora, Country Geologist, will assist in the evaluation and development of the Los Venados project in Mulatos, Sonora, Mexico.

Silver Bull Provides Corporate Update And Announces The Imminent Start Of An 8,000 Meter Drill Program On The Sierra Mojada Project, Coahuila, Mexico.

Silver Bull Resources, Inc. is pleased to provide a corporate update on the Sierra Mojada project and announce the imminent start of an 8,000 meter surface drill program to target a series of the sulphide extension at depth of the main deposit already defined at Sierra Mojada as well as a series of never before tested targets within the wider area.

Mexican Gold Corp. Withdraws Application To Extend Warrants

MEXICAN GOLD CORP. announces that further to its press release of February 15, 2019, it has withdrawn its application to the TSX Venture Exchange to extend the expiry date of outstanding warrants exercisable to purchase an aggregate of 8,423,068 common shares of Mexican Gold originally issued in connection with the non-brokered private placement of 12,333,333 units, with each Unit being comprised of one common share of the Company and one transferable common share purchase warrant. The Private Placement was first announced on February 13, 2017. Mexican Gold had requested that the TSX Venture Exchange extend the expiry date of the warrants to September 3, 2019.

Coeur Reports Fourth Quarter and Full-Year 2018 Production and Sales Results

Coeur Mining, Inc. today announced fourth quarter 2018 production of 3.5 million ounces of silver, 99,460 ounces of gold, 3.1 million pounds of zinc and 1.7 million pounds of lead, or 9.8 million silver equivalent ounces (12.2 million ounces based on average spot prices during the fourth quarter). Silver and gold production during the fourth quarter increased 19% and 12%, respectively, compared to the prior quarter. Strong results were driven by increased production from Palmarejo and Rochester as well as significantly higher production from Kensington.

Oretest is a mining exploration drilling contractor based in Mazatlán, Sinaloa, México. The company is managed by Bart Forsyth, with 36 years of extensive drilling experience on most continents with major companies. The company takes great pride in providing high-quality services while making safety a priority. Maintenance, cleanliness, precision and proper drilling habits makes a good safety environment and produces results.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.