Year: 2019

VVC Exploration Provides Further Details on the Resource Estimate for the Samalayuca Project, focusing on La Concha Zone

VVC President Jim Culver commented, This updated Resource Estimate is just the beginning. More exploration is required, however the Resource Estimate gives us (i) data leading us toward considering the possibility of a Pilot Mine should the economic viability and technical feasibility be established, (ii) a roadmap for further exploration, and (iii) an idea of the overall prospects of the Samalayuca Project.

Fortuna reports updated first year gold doré production plan for the Lindero Project, Argentina

Jorge A. Ganoza, President and CEO, commented, “Based on the results of the 2018 infill drill program and optimization of our mine plan, we have been able to identify higher grade mineralized areas for mining in Lindero´s first year of commercial production.” Mr. Ganoza added, “As we conduct additional studies on expanding the leach pad facility, the Company will be in a position to assess the ability to upgrade material from measured and indicated resources to reserves.”

Great Panther Completes Purchase of Outstanding Beadell Convertible Debentures

GREAT PANTHER MINING LIMITED reports, further to its news release dated March 5, 2019, that all holders of the outstanding senior secured debentures maturing on June 30, 2023 issued by Beadell Resources have accepted the Company’s repurchase offer made under the terms of the indenture governing the Debentures. The repurchase was completed today for an aggregate price of US$10,500,000, plus accrued interest.

Americas Silver Announces Creation of a Precious Metal Growth Company

The closing of the Pershing acquisition is a landmark event for Americas Silver shareholders, said Darren Blasutti, President & CEO of Americas Silver. The Company can immediately begin construction at Relief Canyon now that the Transaction has closed, and we have secured financing and Board approval. With Sandstorm as our financing partner, we have raised the necessary capital to fund the Project through to sustainable cash flow while adding an important strategic partner as the Company’s largest shareholder. The addition of Mr. Pierre Lassonde as a significant shareholder further strengthens and enhances confidence in the Project and the management of the Company.

Premier Gold Enters Into Option Agreement to Acquire Project Near Mercedes Mine

Premier Gold Mines Limited is pleased to announce that it has entered into an option acquisition agreement with Americas Silver Corporation to acquire an option to purchase a 100% interest in the San Felipe Property, located 55 kilometres from the Company’s Mercedes Mine in Sonora State, Mexico. Hochschild plc is the underlying owner of the San Felipe Property.

Discovery Advances to Final Stages of Land Re-Designation Process at its Puerto Rico Project

Discovery Metals Corp. is pleased to announce significant steps towards the re-designation of its Puerto Rico Project claims to allow for mining activities as a result of a meeting of the members of the Board of the Maderas del Carmen Reserve held on March 28, 2019. The MDC Board is comprised of 18 members representing stakeholders from all levels of government (federal, state, municipal), local ejidos, leading public companies from various industries currently operating in the area, as well as non-governmental organizations. Each of the Members is entitled to a vote concerning matters related to the Maderas del Carmen Reserve.

Americas Silver Releases Highlights From El Cajón and Zone 120 Pre-Feasibility Study

The EC120 Project is a significant addition to our precious metals growth pipeline, said Darren Blasutti, President & CEO of Americas Silver. Having a 2.5 million ounce per year silver project ready for immediate development fits into our strategy of preparing for the inevitable positive correction in the silver price. It provides a solid five-year production base as we continue to further explore the El Cajón and Zone 120 deposits and our other silver-rich exploration target areas in Cosalá later in 2019.

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