Category: Investor’s Corner

Starcore International Mines Ltd. reports the results of its annual general meeting of shareholders held on October 24, 2017.

“With the initial gold reserve estimate at Century completed, we are now more than one third of the way toward reaching our target of 60 million ounces of gold reserves by 2021. The continued exploration success at Coffee and Cerro Negro is a direct result of our new, systematic approach to exploration and is expected to contribute toward that goal,” said Paul Harbidge, Senior Vice-President Exploration. “Our exploration strategy for the coming year will continue to focus on brownfield targets at or near our existing camps where we have demonstrated a high rate of success. We are excited by the exploration potential of our newly acquired Cerro Casale/Caspiche Project where, in addition to the two main deposits, there are numerous satellite and early stage targets for evaluation.”

“We have delivered another quarter of on target gold production at low costs, led by strong operating performance at Peñasquito and Cerro Negro. The success of our efficiency program is evident in continued low operating costs and an expanded margin per ounce of gold produced,” said David Garofalo, President & Chief Executive Officer. “With the optimization of our portfolio now complete, we have a full and robust pipeline of development projects poised to deliver value growth in the short, medium and long-term.”

“We continued to see strong operating performance in the third quarter, culminating in record gold production and strong cash flow generation. Given these strong results, we have increased our 2017 production guidance and have increased our dividend by 10%”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer. “Our major projects in Nunavutcontinue to advance on time and on budget and we are excited by the significant growth in gold production and the related cash flows that these projects are forecast to provide”, added Mr. Boyd.

La minera mexicana Fresnillo Plc reportó un salto de 24.1% en su producción de plata del tercer trimestre, impulsada por el inicio de las operaciones en la segunda fase de su mina San Julián.

Throughout 2017, Azure has had the clear focus to acquire the right project for the right deal and more than 70 projects were reviewed as part of this process. The Oposura acquisition delivers on this strategic approach and provides the Company with the high-quality, flagship project that it sought. Azure is a now a company with a diversified portfolio of highly prospective projects.

Algunas empresas mineras con visión contra cíclica han decidido seguir adelante con sus programas de crecimiento, destacando Fresnillo plc, que arrancó la fase I (lixiviación) del proyecto “San Julian” en 2016 y completará la segunda etapa en 2017; además, panea iniciar operaciones del proyecto “Piritas”, en 2018.

Colibri Resource Corporation is pleased to announce that it has retained FronTier Consulting Ltd., part of the FronTier Merchant Capital Group, to provide investor relations and marketing services to the Company in compliance with regulatory guidelines.

Greg Crowe, President and CEO of Silver One commented: “We are very pleased with the success of the Financing and the positive support received from our existing and new shareholders. With the closing of the Financing, Silver One is now in a strong position to advance its flagship project, the past-producing Candelaria silver mine in Nevada. Surface exploration is currently underway and we intend to begin drilling the old leach pads in Q4/2017, with metallurgical testing to commence by year end. Additionally, numerous old workings that occur along strike from the open-pits will be examined to potentially add additional silver resources.”

Proceeds from the first tranche will be used to further advance the E&L Nickel Mountain Project in addition to other Garibaldi properties in the Eskay Camp and elsewhere in British Columbia, and will also be applied to the Company’s gold and silver properties in Mexico.