Category: Exploration and Development

Darren Blasutti, President and Chief Executive Officer of Americas Silver, stated, “As we did when we acquired Scorpio Mining and the San Rafael project two years ago, we are taking a disciplined and highly accretive approach to our external growth strategy. The San Felipe acquisition provides our shareholders with an exciting development asset at an attractive valuation, which has the potential to add material high margin production scale that further enhances the tremendous value proposition of Americas Silver. While we remain highly focused on successfully executing the development of San Rafael on time and on budget, we are extremely excited to add this project to our pipeline. We believe it has the potential to drive the next leg of growth for our Company as we transition to a leading first quartile silver producer in 2018 and beyond.”

“Over the past year, we have been able to establish constructive working relationships with the members of the local community. The finalization of this agreement marks a major milestone in the development of the La Fortuna project and we look forward to a mutually beneficial relationship with the local stakeholders,” said Darren Koningen, President of Minera Alamos.

Hombres armados se apoderaron de un camión con plata de la mina “El Pilón”, ubicada en el municipio serrano de San Martín de Bolaños, reportó ayer la Fiscalía de Jalisco.

Marlin Gold Mining Ltd. is pleased to report assay results from the first set of holes on the north side of the pit wall at the Company’s wholly owned La Trinidad mine in Sinaloa, Mexico

Silver One’s President and CEO, Greg Crowe, stated: “The geochemical results at Peñasco Quemado are very encouraging as they put in perspective a much larger upside potential to the property than was previously understood. These two standout exploration targets defined by highly anomalous zinc, lead, barium and manganese values not only extend the prospective strike length of the mineralized system from the 450 meters associated with the Historic Resource to over 3,000 meters, but the association with strongly elevated zinc and lead values suggests the possible presence of other buried zinc and lead +/- silver bearing mineralized systems at depth This geochemical signature bears strong similarities to the silver-manganese oxide and deeper zinc-lead-silver sulphide deposits currently being successfully evaluated by Arizona Mines at their Hermosa and Taylor projects in Arizona. Further exploration is clearly warranted.”

“The discovery and evaluation to date of the Santa Rosa de Lima zone demonstrates very important potential in our operations at the Cusi Mine.We hope in the short term to have a better understanding of the 12 kilometerstructural extension containing the Santa Rosa de Lima zone” stated J. Alonso Lujan, Vice President Exploration of Sierra Metals. “Intercepts such as those returned in Cusi-6, Cusi-14 and Cusi-509 are common in epithermal deposits of “bonanza” (High grade). There is reasonable potential to expand the Santa Lima da Rosa zone todepth and along strike to the NW and SE as these areas have never been drill tested. We look forward to an exciting future exploring theSanta Lima da Rosa zoneand the surrounding district.”

“This is an exciting time for Mexus and our JV partner. We are close to beginning production on what is planned to be a very profitable 25 year mine. This will have been accomplished with very little debt,” added Mexus CEO Paul Thompson.

Managing Director Will Dix said with the bullish global prices for zinc, the time was right to consider options for fasttracking production. “The scoping study will assess mining and infrastructure options, including re-establishing past mine operations, and refurbishing and expanding an existing onsite processing plant, targeting a throughput of 200 tonnes per day, or approximately 75,000 tonnes per annum,” Mr Dix said.

SOURCE EXPLORATION CORP. is pleased to announce the commencement of a diamond drill program for the Las Minas gold – silver – copper project located at Veracruz, State, Mexico. The program will include an initial 2,000 to 3,000 metres of infill and step-out diamond drilling at the El Dorado – Juan Bran mineralized zone, with the objective of expanding the zone and completing a maiden NI 43-101 resource estimate in early 2017.

Jim Williams, Chief Executive Officer of Arian Silver commented: “We remain excited by the prospects of our existing portfolio of silver projects in Mexico and are committed to assessing the viability of their development. We are also keen to reach a definitive conclusion on the advancement of the Noche Buena tailings project as soon as possible once we have received the final test results. Meanwhile, we are working to identify new opportunities which we believe would add shareholder value, and we shall report on further progress in due course.”