Year: 2019

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.”

Juanicipio Development Receives Joint Approval

Octavio Alvídrez, Chief Executive Officer of Fresnillo plc, said: The decision to approve Juanicipio reflects the extensive work the JV partners have done to de-risk the project to meet stringent development criteria. This decision to invest demonstrates our confidence in the long-term outlook for mining in Mexico. The new mine will create significant employment and highlights our commitment to sustainable growth for the benefit of all stakeholders.

Oroco Affiliate Acquires Share Option

Oroco Resource Corp. is pleased to announce that its affiliate, Altamura Copper Corp., has acquired an option to purchase 40,000,000 shares of Aztec Copper Corp. held by Fierce Investments Ltd. At the time of their issuance, the Aztec Shares represented in excess of 90 percent ownership of Aztec. Along with its Mexican subsidiary, Prime Aztec Mexicana, S.A. de C.V., Aztec is a plaintiff in the Mexican judgement which is currently impeding the registration of the transfer of the Santo Tomas Concessions to an Altamura subsidiary, Xochipala Gold, S.A. de C.V. The Aztec Shares constitute the primary consideration paid by Aztec in the transaction which was the basis of the claim that resulted in the Mexican judgement. Aztec has subsequently denied the existence of the Aztec Shares and therefore Fierce is currently taking the necessary steps to secure its ownership rights in the Aztec Shares.

VVC Exploration Corporation Welcomes Emily King to its Board of Directors

VVC Exploration Corporation is pleased to announce that Ms. Emily King has agreed to join the Board of Directors, following the resignation of Mr. Michel Lafrance. VVC would like to thank Mr. Lafrance, who served the Company as Director since July 2006 and as Secretary-Treasurer since December 2002, and who will remain as a part of the Management Team and as Secretary-Treasurer of the Company.

Kootenay Reports Sampling Results and Discovery of New Vein at High-Grade Copalito Silver-Gold Project, Mexico

Kootenay President and CEO James McDonald stated. This is one of two projects we acquired over the last year with the potential for the discovery of high-grade vein hosted deposits. Vein widths, strike extents and grades encountered to date along with lack of any previous drilling indicate excellent potential for resource discovery. We will continue to advance Copalito to the drill stage while at the same time preparing for the first drill program on the Columba silver project the second of the two new projects.

Gainey Receives Environmental Permits for 32 Drill Targets at Las Margaritas

David Coburn, President and CEO commented, the approval by SEMARNAT is a significant step in advancing the exploration at the El Colomo Project and proving out the continuity of the gold mineralization from the Golden Zone in Nayarit to Las Margaritas in Durango, a distance of approximately 8 kilometres. The vein system at Las Margaritas has never been drill-tested and Gainey will be outlining a more detailed exploration/drilling strategy in the very near future.

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