Category: Exploration and Development

Mr. Dan Omeniuk, Chairman and CEO of MX Gold stated, “The turn-key build out of the plant includes increasing throughput capacity to 1,000 tonnes per day. The build out is on track to be completed, with the plant operational, by this November.”

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside acquired the Cecilia gold Project because our geologists view the volcanic complex at the heart of the Project as being a prime setting for a major epithermal mineral system, predominantly gold-bearing at higher levels and possibly more silver rich at lower elevations. The fieldwork we have completed so far, combined with the compilation and analysis of historical data, further supports this view. We have at least five high-potential gold targets defined at the Project, which are being permitted for drilling.”

“The financial support provided by our recently announced strategic alliance with Ossisko Gold Royalties and the subsequent private placement allows the Company to fast-track the development cycle for the La Fortuna project” said Darren Koningen, President and CEO of Minera Alamos. “Bringing ECT onboard now allows us to complete this critical stage of design so that development schedules for the project can be compressed once a formal construction decision is made. Our next critical milestone is the submission of the permit application documents for the project in the coming weeks. In addition, we are extremely pleased to announce key additions to our management group as we transition towards construction and operations. The extended capabilities of our technical team are also critical to support our goal of expanding the Company’s development and production profile through additional acquisitions in the short term”.

Aztec Minerals Corp. announces it has commenced the 2017 exploration program at the Cervantes property in Sonora State, Mexico. Work now underway includes a more detailed review of historic drill data not previously released, as well as additional geological mapping and geochemical rock and soil sampling of the main California gold prospect and the Jasper copper-gold prospect area immediately west of the California gold prospect area.

Torex Gold, Goldcorp y Fresnillo son las principales empresas que inyectarán capital a sus operaciones en México.

“We are pleased with the 11% increase in production this quarter compared to the second quarter of last year. The results are higher this quarter compared to the same period last year mainly due to the increased mill availability experienced in the second quarter of 2017. At our current rate of production, we anticipate outputs to be similar in the second half of the year. We are also very happy with the progression of the plant and mill expansions which will further develop and maintain a solid production profile going forward,” David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

“I am very pleased with the Company’s overall performance in the second quarter”, said Darren Blasutti, President & CEO of Americas Silver. “Silver production met expectations, we lowered our costs substantially over last year and last quarter, we had tremendous exploration success at both mines and made significant progress at the San Rafael project for its first production before the end of the third quarter.”

Telson Resources Inc. is pleased to announce that it has closed the final tranche of the private placement as announced in a press release dated June 14, 2017 and accordingly has issued 1,732,691 shares at 55 cents per share, and paid an additional US$700,000 to Nyrstar Mining which concludes all payments that were currently due under the agreement terms as summarized in the former referenced press release.

Mr. Dan Omeniuk, Chairman and CEO of MX Gold stated, “Despite the rainy season in the region, it is encouraging to see that the project business plan is being executed on schedule, and that our Joint Venture efforts with GracePoint are producing positive outcomes. We are looking forward to the projected cash flow from Magistral, as it will serve as an integral part of our approach to building further value for MX Gold shareholders with a non-dilutive strategy.”

Kootenay Silver President & CEO Jim McDonald states, “The geology of the newly identified silver bearing target contained within the La Navidad Zone bears striking similarities to the San Gregorio Zone to the west, which hosts a large portion of La Cigarra’s contained NI 43-101 silver resource. Recent field results have made this region of the property a top priority for future drill testing, as its location and geological features offer considerable exploration upside to the potential that already exists within the main La Cigarra mineralized system”