Day: April 11, 2019

Fresnillo plc – Board Changes

Fresnillo plc announces that the Nominations Committee has recommended to the board of directors of the Company, and the Board has agreed, that Mr Luis Robles be proposed for election as an independent non-executive director of the Company at the 2019 annual general meeting, which is due to be held on 21 May 2019, with his appointment to take effect from the conclusion of the AGM.

Radius Gold restarts drilling at Amalia high grade gold silver discovery

Radius Gold Inc. is pleased to announce that drilling has commenced at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico. The drill program is operated by Radius and funded by Pan American Silver, under a joint venture agreement. Radius plans to follow-up on exceptional high grade results from drilling last year. Radius’s initial nine-hole drill program at Amalia intersected high-grade mineralization in the San Pedro structural zone with the last and deepest hole (AMD18-009) intersecting 26m at 7.08g/t Au and 517 g/t Ag, including 5m at 14.71 g/t Au and 1378 g/t Ag.

Silver Viper Identifies New Targets for Drilling at La Virginia Gold-Silver Project, Prepares for Helicopter-Borne Magnetic and Radiometric Survey

Silver Viper’s President and CEO Steve Cope states, El Rubi is an extremely interesting area within the La Virginia project. The work we have undertaken has identified compelling targets both along trend of El Rubi drilled by Silver Viper in late 2018, and on a parallel, yet to be named trend to the east we are evaluating at the moment. Drill testing will commence in the coming weeks.

Endeavour Silver Produces 1,071,355 Oz Silver and 10,055 Oz Gold (1.9 Million Oz Silver Equivalent) in the First Quarter, 2019

Bradford Cooke, Endeavour CEO, commented, All four mines typically start slowly each year as we commence our annual capital investments, then production improves as the mines work toward achieving their annual mine plans. At Guanacevi, the new Milache orebody is now producing 250 tonnes per day of development ore, on its way to 400 tpd by the third quarter, and the new SCS orebody is being developed for production in H2, 2019.

Fortuna reports production of 2.2 million ounces of silver and 13,314 ounces of gold for the first quarter of 2019

Fortuna Silver Mines Inc. is pleased to report production results for the first quarter of 2019 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 2.2 million ounces of silver and 13,314 ounces of gold, plus base metal by-products. Fortuna is on schedule to produce between 8.2 – 9.0 million ounces of silver and between 49 – 54 thousand ounces of gold or between 11.7 – 12.9 million ounces Ag Eq1 in 2019, in accordance with our annual production guidance.

Coeur Reports First Quarter 2019 Production and Sales Results

“First quarter operating results were in-line with our expectations” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “Our top two 2019 initiatives – successfully ramping up operating activities at Silvertip and completing the installation of the high-pressure grinding roll (“HPGR”) unit at Rochester – remain on-track. Our Kensington mine continues to see the benefit of higher grades from the Jualin deposit, while Wharf exceeded its plan during the first quarter and is positioned to deliver higher production during the remainder of the year.”

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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.