Year: 2019

Argonaut Gold Announces Second Quarter 2019 Operating and Financial Results

Pete Dougherty, President and CEO stated: “We successfully completed the construction of the crushing and stacking expansion at San Agustin from 20,000 tonnes per day to 30,000 tonnes per day on time and slightly under budget. However, San Agustin production during the quarter was adversely affected by the underperformance of one of our three water wells, and while we have the ability to crush and stack ore at the 30,000 tonne per day rate, we have not done so due to solution constraints.”

Coeur Reports Second Quarter 2019 Results

“We made solid operational and financial progress on multiple fronts during the second quarter and are well positioned to deliver on our key initiatives in the second half of 2019,” said Mitchell J. Krebs, President and Chief Executive Officer.

Hecla Reports Second Quarter 2019 Results

“Our financial performance in the second quarter was impacted by several items, including lower by-product credits and the timing of lead shipments at Greens Creek, and higher depreciation expense, which more than offset the positive impact of higher grades at Greens Creek,” said Phillips S. Baker, Jr., President and CEO.

Premier Gold Mines Reports Q2 2019 Results

“Our recent progression into the lower grade Diluvio zone demands a very focused mining approach in order to realize Mercedes full potential,” stated John Begeman, Executive Chairman of Premier. “We will continue to adjust to the challenges associated with lower grade ores while we exploit opportunities elsewhere in the mine. We have many positive developments elsewhere in the Company that will contribute to our success this year.”

IMPACT Silver Closes Series One of Third Tranche of Financing Totalling $2.445M

IMPACT Silver Corp. is pleased to announce that it has completed the first series of the third tranche of the non-brokered private placement originally announced on June 19, 2019 and subsequently updated on July 8, 2019, July 18, 2019 and July 25, 2019. At closing of the Third Tranche, the Company received aggregate gross proceeds of $2,445,790.11 from the issuance of 8,433,759 units of the Company at a price of $0.29. Each Unit will comprise one common share in the capital of the company and one common share purchase warrant. Each Warrant entitles the holder to acquire one Share at a price of $0.385 and expires in 36 months from the date of closing.

Gold Resource Corporation Reports Second Quarter Net Income of $1.8 Million, or $0.03 per Share, and Positioned to Increase 2019 Production Outlook

“Gold Resource Corporation has now achieved dual-jurisdictional precious metal producer status in two mining friendly jurisdictions in North America,” stated Mr. Jason Reid, President and CEO of Gold Resource Corporation. “We now approach important near-term catalysts to increase shareholder value, including our targeted 100% increase to the Company’s gold production profile once the Nevada mine is fully operational, and possible future monthly dividend increases.”

Oroco Closes First Tranche of Non-Brokered Private Placement

The proceeds of the Financing will be used, in part, to improve and develop road access to the North and South Zones at Santo Tomas, construct an exploration camp on the West Bench of the property, and undertake a work campaign on the property involving ground geophysical and geological surveys, including Three Dimensional Induced Polarization programs. In addition, proceeds will be utilized for aspects of project permitting, and the scoping of water and power needs, sources and costs.

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