Author: Josue Gomez

“For 2017, planned exploration spending on new resource identification has almost doubled, to $14 – $17 million, compared to 2016. The majority of our exploration budget will be spent at our Palmarejo and Kensington operations and at our La Preciosa silver-gold project in Mexico. Our capitalized exploration budget targeting resource conversion is expected to increase by about 10% to $10 – $13 million, most of which is earmarked for Palmarejo and Kensington. We also plan to increase earlier-stage exploration spending by around 50% to $7 million, as we seek to enhance our pipeline of future, high-quality sources of silver and gold production in attractive jurisdictions,” Mitchell J. Krebs, Coeur’s President and Chief Executive Officer.

Leagold Mining Corporation is pleased to announce that it has filed with Canadian securities regulators an independent technical report prepared in accordance with National Instrument 43-101 entitled “NI 43-101 Technical Report and Preliminary Economic Assessment, Los Filos Gold Mine, Guerrero State, Mexico”. The Technical Report presents a description of the Los Filos Gold Mine operations, including Mineral Resources, Mineral Reserves, and a financial evaluation of the current mine. The Technical Report also presents a Preliminary Economic Assessment based on the Mineral Resources of the Bermejal Underground deposit.

Morgan Poliquin, President of Almaden, states, “this financing tops up our treasury and will allow us to continue aggressively drilling in and around the Amended PEA pit, where we have recently been announcing very encouraging new mineralization, as well as advancing the Ixtaca deposit towards a production decision, through advanced studies and permitting.”

Alta Vista Ventures Ltd. is pleased to report that as a result of the high level of demand for its unmanned geophysics survey services, Pioneer Aerial Surveys, a wholly owned subsidiary of Alta Vista, has accelerated its growth plans by purchasing an additional UAV.

Galore Resources Inc. reports that Mr. Uwe Schmidt, Galore’s President and CFO has advised the board of his wish to retire and has provided his resignation as President, Chief Financial Officer and a director, effective immediately. Mr. Mike McMillan, the Company’s Chief Executive Officer and a director will take the place of President of Galore and Mr. Andrew McMillan will be appointed Chief Financial Officer. The Company thanks Mr. Schmidt for all his time, effort and involvement with Galore since 2006 and wishes him the best in his retirement and future endeavors.