Author: Josue Gomez

Endeavour Silver Corp. (NYSE:EXK) (TSX:EDR) announces that at the Company’s 2018 Annual General Meeting held on May 3, 2018 in Vancouver, shareholders voted in favour of all items of business.

“We are very pleased that 3ERC has chosen Candente Gold and the El Oro Gold-Silver project as one of their few companies they wish to support and look forward to working together to potentially increase value for our shareholders and get back to exploring the El Oro project in the near future”, commented Joanne Freeze, President and CEO.

Bridgewater NS, Canada- May 7, 2018- Silver Spruce Resources Inc. (TSXV: SSE)(Frankfort: S6Q) announces that it has closed its current non-brokered private placement and raised gross proceeds of $287,700.00. The offering will consist of the issuance of 5,754,000 shares and 5,754,000 warrants.

Equinox Gold’s principal assets are its wholly-owned, past-producing Aurizona gold mine in Maranhão, Brazil and its wholly-owned, past-producing Castle Mountain gold mine in California, USA. The Company’s primary focus is completing construction and achieving production at Aurizona, which is on track to pour gold before the end of 2018. The Company is also completing a prefeasibility study for Castle Mountain, targeted for completion in mid-2018, with the objective of recommencing production in 2020.

Telson Mining Corporation (TSX Venture – TSN.V) is pleased to announce the results of first quarter 2018 pre-production toll milling at its 100% owned Tahuehueto Mine Development Project located in Durango, Mexico. Pre-production toll milling from Tahuehueto processed 9,503 tonnes of ore at the Atocha Mill during the Q1 2018 for an average of 106 tonnes per day.

Endeavour CEO Bradford Cooke commented: “Ever since Endeavour purchased its first mine in 2004, we have tried to do things the right way. Our corporate social integrity has not only been a key to the success of our business, it has created real value for all our stakeholders. Refining what we do and how we do it is both our goal and our process to improve our sustainability.”

The Company reported revenue of approximately $1.6 million in the first quarter 2018 related to the oxide plant lease and costs of approximately $0.5 million related to the services we provide under the terms of the lease, for a net margin of $1.1 million. Other operating income of $1.2 million included $1.0 million received from Electrum as consideration for permitting Electrum to earn an additional 20% interest in the Celaya project, $0.1 million related to a Value Added Tax credit utilized in Mexico, and $0.1 million related to the farm-out agreement with Santacruz Silver Mining regarding the Company’s Zacatecas Properties in Mexico.

Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) reports Q1 2018 gold production of 51,003 ounces at its Los Filos mine at AISC of $1,039/oz and resulting in an AISC margin1 of $14.5 million. Los Filos is on track to deliver the 2018 production guidance range of 215,000 to 240,000 oz at an AISC of $875/oz to $925/oz, as the annual mine plan sequence schedules lower production and higher AISC/oz costs in H1 2018 and higher gold production with lower AISC/oz costs in H2 2018. The Q1 2018 AISC of $1,039/oz was under budget for the period. In H2 2018, the mine plan includes higher grades and lower strip ratio, and operations are also expected to benefit from improved leach pad management which includes the agglomerator and overland conveyor extension.