Category: Investor’s Corner

‘We have been successful in discovering high-grade mineralization at Casa Berardi, San Sebastian, Greens Creek and in Nevada,’ said Mr. Phillips S. Baker, Jr., President and CEO. ‘Our focus at Casa Berardi is increasing underground reserves and as expected, we are seeing the underground resource continuing as the exploration moves east. In Mexico, the discovery of additional oxide resources at San Sebastian could extend the mine life. At Greens Creek we could see reserve increases again this year as the resources are upgraded. In Nevada, one of our main reasons for the acquisition is being proved with many high-grade intercepts.’

Gold Resource Corporation reported production results for the first quarter ended March 31, 2019 of 6,538 ounces of gold and 364,653 ounces of silver, which along with base metal revenue generated $26.6 million in net revenue and $0.9 million, or $0.01 per share in net income for the quarter.

GREAT PANTHER MINING LIMITED is pleased to announce the appointment of Mr. Kevin Ross to its Board of Directors, effective today.

Endeavour CEO Bradford Cooke commented: ‘Sustainability for Endeavour Silver is not a bolt-on to our business strategy, it is core to the way we do business, and that is what makes us different. We work hard to ensure that our management and employees understand our approach to sustainability so that it is embedded in our decision-making processes. Doing so helps us gain local trust and confidence, leaves a positive legacy, and enhances our ability to grow.’

Leagold Mining Corporation reports Q1 2019 financial and operating results with consolidated gold production of 105,949 ounces at AISC of $927 per oz sold, resulting in an AISC margin of $38.0 million. These results generated Q1 2019 earnings from mine operations of $25.6 million and EBITDA of $38.4 million.

Argonaut Gold Inc. is pleased to announce the results of its annual meeting of shareholders held May 2, 2019.

McEwen Mining Inc. is pleased to announce two new management appointments. Meri Verli, PhD, CA, CPA, will be joining as the new Chief Financial Officer, replacing Andrew Elinesky who is departing the Company effective today; and Jack Henris will be joining as General Manager for Nevada effective today.

With the closing of the private placement, Defiance has commenced designing a drill program to test its San Acacio Silver project.

Bradford Cooke, CEO of Endeavour, stated, “We experienced a challenging start to the year in operations, with no improvement of the systemic issues at Guanacevi and unexpected events such as the seven-week shut-down at El Compas due to a mill failure. However, Endeavour management has dealt with similar issues before, we successfully cut costs across the board to address similar operational and economic challenges in 2008 and 2013. The Company emerged financially stronger and more profitable as a result.