Year: 2019

“ I am very pleased to say that after a tough start to the year at our Black Fox and Gold Bar mines, we have delivered a strong close to the first quarter. In March, gold production improved significantly at Black Fox, allowing us to achieve 93% of our budgeted production for the quarter. The issues that pushed the start-up of commercial production at Gold Bar from Q1 into Q2 have largely been resolved. The San Jos é and El Gallo mines are performing well and are on-track to deliver over 50% of our planned 2019 production of 205,000 gold equivalent ounces . I’m excited about starting our exploration drilling programs in Timmins and Nevada, which will generate results for the rest of the year,” said Rob McEwen, Chairman and Chief Owner.

“We have begun the important task of integrating our newest mine, the Tucano Gold Mine, into our portfolio of precious metals mines and projects”, stated James Bannantine, President & CEO. “Given the timing of the Beadell acquisition, our consolidated results for Q1 only reflect Tucano operating results for the last three weeks of the first quarter. Despite this, consolidated gold equivalent metal production increased by 25% compared to the last quarter of 2018. We are focused on completing the commissioning of the supplemental oxygen supply at Tucano before the end of this month, which is designed to enable the processing of higher-grade ore and increase gold recoveries. In addition to production, the Tucano Gold Mine immediately adds significant gold reserves and resources and, together with our Mexican operations, has transformed the Company into a new intermediate precious metals producer focused on Latin America.”

Goldcorp Inc. and Newmont Mining Corporation are pleased to announce that Goldcorp has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement whereby Newmont will acquire all outstanding common shares of Goldcorp in exchange for 0.3280 of a share of Newmont common stock and $0.02 in cash for each Goldcorp common share.

“The Croesus announcement is a positive step toward bolstering our balance sheet and increasing our diversity of assets. We believe the historic resource at the Kay Mine to be robust in grade and open to expansion, with significant exploration activities. We extend best wishes to Croesus as they advance on the project,” stated Karl Boltz, CEO of Silver Spruce.

With the proceeds of the second tranche, Defiance significantly reduced its outstanding liabilities and increased its cash balance. Defiance also intends to use the proceeds of the financing to permit and complete an aggressive drill program at its San Acacio Silver project.

Sable Resources is pleased to announce a non-brokered offering of a maximum 10 million units priced at $0.15 consisting of one common share and one half of one common share purchase warrant. Each full purchase warrant will entitle the holder to acquire one additional common share of the company at an exercise price of $0.25 for a period of two years. The financing will close on or about April 16th 2019. The Company may pay a finders fee to certain qualified registrants assisting in the Offering in an amount to be determined. Funds will be used to complete phase two drilling and engineering on the Margarita Project in Mexico, complete geological mapping on the Don Julio Project in Argentina and for general corporate purposes.

La negociación se firmó el 8 de marzo y concluyó el 9 del mismo mes. En esta, las beneficiarias del préstamo, así como la filial Dia Bras Perú S.A.C., recibieron asesoría de Payet, Rey, Cauvi, Pérez Abogados (Lima).

Camrova Resources Inc. announces that it has closed $53,800 in the first tranche of the previously announced private placement of units of the Company. Each Unit consists of one common share of Camrova and one common share purchase warrant. Each Warrant will be exercisable into one common share for a period of two years at a price of $0.10 per share.