Month: October 2019

Tamino Minerals – Mr. Pedro Villagran-Garcia, President & CEO, is pleased to confirm as mentioned before that it has a Property of Merit, or exploration target. And as mentioned before, Tamino has prepared a Geological Report on its El Volcan Property. We have a summary of this report on our website. Furthermore, the company will also be ready with its NI 43-101 Report soon once we present a Registration Statement to the SEC and the company becomes fully reporting. Meaning it has great potential for economical mineable amounts of precious metals such as gold and silver and certified by top geologists.

“Our Q3 2019 production results, while lower compared to the same period in 2018, were in line with our internal expectations and output remained similar to the first two quarters of 2019. This quarter’s increase in throughput and recoveries are very encouraging and are attributed to the hard work and efforts by our team in Mexico,” said David Wolfin, Avino’s President and CEO.

Alien Metals Ltd, the AIM quoted mineral exploration and development company, announces that James Cable, non-executive director, has advised Alien Metals of the following disclosure required in accordance with AIM Rule 17 and paragraph g of Schedule 2 of the AIM Rules.

“Total production increased 4% quarter over quarter due to higher grades and recoveries at both our Santa Elena and La Encantada operations,” said Keith Neumeyer, President and CEO. “At La Encantada, silver recoveries averaged 82%, making it the highest recovery rate since owning this operation, following successful plant modifications to optimize ore handling and processing. In addition to higher recoveries, silver grades at La Encantada increased 59% pushing silver production to the highest level since 2014. Production at Santa Elena also reached a new record as higher gold grades were produced from the Main Vein and overall higher metallurgical recoveries were achieved following the start-up of the new HIG mill. This new mill is proving to be a major asset for this operation and I would like to recognize our projects and innovations team for a job well done.”

Net proceeds of the Private Placement will be used to advance exploration of the Columba Silver Project in Chihuahua State, Mexico, and to fund further work at Copalito, La Cigarra and other projects as well as for general working capital purposes.