Day: March 28, 2019

Torq Appoints New CFO

Torq Resources Inc. announces the appointment of Stacy Rowa as Chief Financial Officer and the resignation of Peter Rees as Chief Financial Officer and Corporate Secretary, effective April 1, 2019. Mr. Rees is resigning to pursue a new opportunity.

Sierra Metals Reports 2018 Consolidated Financial Results Including $90.1 Million of Operating Cash Flows Before Movements in Working Capital. Conference Call March 29, 2019 at 10:30 AM (EDT)

Igor Gonzales, President, and CEO of Sierra Metals stated: “I am very pleased with the Company’s performance during Q4 and full year 2018. Despite challenges such as harsh weather events in Q3 at the Bolivar Mine, the Company generated positive cash flow at its three operating Mines, realizing a 13% increase over 2017, and our production results were solid with year over year increases to the consolidated production of all metals except lead. The Company continues to realize positive returns on the capital investments and operational improvement efforts at all our Mines.This is best demonstrated through our improving operating performance, strengthening of our asset base, significantly lower all-in sustaining costs and continued strong cash flow.

Silver Spruce Resources Identifies Additional Drill Targets at Pino de Plata

This is an exciting development for the Pino de Plata project, stated Karl Boltz, the Company’s CEO. Field observations and historical data indicate that areas no focussed on during the preparation of the NI 43-101 report merit detailed field work and sampling prior to final selection of drill hole collar locations.

CONAGUA resolution confirms no remediation required as a result of the overflow of contingency pond at the San Jose Mine, Mexico in October 2018

Fortuna Silver Mines Inc. is pleased to report that the Mexican National Water Commission (CONAGUA) has completed its investigation and issued a resolution into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains. CONAGUA’s resolution confirms that no remediation of the nearby Coyote Creek is required. However, the Company received a fine of approximately US$42,000 related to the incident.

Mazatlán será sede de la Conferencia Minera Discovery 2019

El Director General de la compañía Mexico Mining Center, Ing., Douglas Coleman dijo que, Estamos orgullosos de esta hermosa sede y anticipamos una excelente conferencia con una gran asistencia proveniente de diferentes partes del mundo.

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.