Fresnillo: 2012 silver production dips as grades fall at flagship mine
Silver production at Mexico City-based Fresnillo (LSE, BMV: FRES) dipped slightly in 2012 due to declining ore grades at the Fresnillo mine in Zacatecas state.
Silver production at Mexico City-based Fresnillo (LSE, BMV: FRES) dipped slightly in 2012 due to declining ore grades at the Fresnillo mine in Zacatecas state.
Tarsis Resources is one of those lucky few juniors with a little bit of cash, according to CEO Marc Blythe, whose company functions on a prospect generator model meaning it seeks out prospective exploration projects to acquire, and then vends or options them to partners for development.
Noront Resources Ltd. has announced the companys Board of Directors received the resignation of Wes Hanson as President, Chief Executive Officer and a Director of Noront. On behalf of the Board of Directors, I would like to thank Wes for his efforts and dedication at Noront over the past three years, and in particular, for leading the completion of a positive feasibility study in September 2012 of our Eagles Nest Project in the Ring of Fire. This puts the Company in a good position as it transitions into development with a focus on the financing and development of the Project and related infrastructure. All of us at Noront wish Mr. Hanson the best in his future endeavours stated Paul Parisotto, Chairman of the Board of Directors.
Aura Minerals Inc. is pleased to announce preliminary 2012 fourth quarter and full year production results and guidance for 2013 production and capital expenditure. All dollar figures are in United States dollars unless otherwise indicated.
Gunpoint Exploration Ltd. is pleased to report on the corporate activities underway in 2013. The Gunpoint management team is focused on advancing the company’s flagship Talapoosa Gold Project, a low-sulfidation epithermal gold/silver property located in the Walker Lane gold trend of western Nevada, approximately 45 kilometers east of Reno.
Pan American Silver Corp’s fourth-quarter silver production rose 30 percent, and the Canadian miner expects higher silver output in 2013 following the acquisition of the Dolores mine in Mexico.
Almaden Minerals Ltd. is pleased to provide a summary of its 2012 exploration activities and outline its plans for 2013. In 2010 the Company discovered the Ixtaca gold-silver zone on its 100% owned Tuligtic project, Mexico and since this time, including 2012, the bulk of the Company’s efforts have been focussed on the on-going Tuligtic project drill program. Nevertheless generative exploration has continued. The Company’s primary focus is the identification, acquisition and development of new mineral projects, a process from which the Tuligtic project itself was found by the Company and acquired by staking. The Company has pioneered mineral exploration in Eastern Mexico, has extensive proprietary knowledge in this terrain and continues to utlilise this knowledge to identify mineral projects.
Endeavour Silver Corp. is pleased to announce three new appointments to its management team: Terry Chandler as Vice President of Corporate Development, David Tingey as Vice President of Health, Safety & Sustainability and Emilio Rivero as the Director General of Endeavour’s parent subsidiary in Mexico.
Pan American Silver Corp. produced a record 6.9 million ounces of silver during the fourth quarter of 2012, propelling the Company to a new annual production record of 25.1 million ounces for the full year.
Tumi Resources Limited is pleased to announce that further to the Company’s news release of January 9, 2013, the Company has closed the private placement financing and has raised $625,000 through the issuance of 12,500,000 units at $0.05 per unit. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles holders to purchase one common share of the Company at a price of $0.10 per common share for a period of three years.
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