Category: Investor’s Corner

Michael Burns, director of Alta Vista comments “This partnership is an exciting opportunity for Pioneer Aerial to significantly expand its market presence and deliver high quality surveys in partnership with an internationally respected geophysics company. We have already successfully completed two joint surveys this year, and are looking forward to performing additional surveys with Abitibi.”

Endeavour Silver Corp. announces its financial results for the fourth quarter and year end as of December 31, 2016. The company owns and operates three underground silver-gold mines in Mexico: the Guanaceví mine in Durango state, and the Bolañitos and El Cubo mines in Guanajuato state.

Further to its September 22, 2016 news release, Cyprium Mining Corporation is pleased to announce that it has applied with the TSX Venture Exchange to delist $750,000 in principal amount of unsecured debentures bearing interest at 12% per annum.

“On many important fronts, 2016 was a good year for McEwen Mining. We generated significantly higher cash flow and earnings per share despite producing 6% fewer ounces. We grew our treasury by 84% without resorting to equity financing, or sale of metal streams, or royalties, or taking on debt. Looking forward into 2017, our next chapter of growth begins. Pending government approval we are ready to start construction in Nevada at our Gold Bar deposit late this year. In Mexico, we are reconfiguring our El Gallo Silver project to improve its economics. In addition, we are testing new exploration targets. In Argentina, our Los Azules project is getting more attention as a result of the improving copper price. Finally, when completed our proposed friendly acquisition of Lexam VG Gold will enhance our development and production pipeline with several high grade gold projects in Timmins, Canada, one of the world’s largest gold districts,” said Rob McEwen, Chairman and Chief Owner.

Akiba Leisman, Executive Chairman and Interim CEO states that, “due to the record cash flow La Trinidad has generated from the over 30,000 ounces of gold sold in the last 4 months, we have excess cash to repay debt, invest in high return projects like our exploration programs at Commonwealth and La Trinidad, and buy our stock back at a fraction of fair value.”

Alta Vista Ventures Ltd. announces that it has received subscription agreements for a total of $253,500 or for 5,070,000 units at a price of $0.05 per Unit and has closed tranche one of its ongoing financing, subject to filings with the Canadian Securities Exchange. Alta Vista is undertaking a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per unit to raise total proceeds of up to $500,000.

Camino Minerals Corporation is pleased to announce that Mr. Olav Langelaar has joined the Board of Directors of Camino.

Ms. Kearvell is an exploration geologist with over 30 years of experience working with junior and senior exploration and mining companies throughout North America and Mexico. She has worked exclusively in Mexico since 1994 during which time she co-discovered Teck Resources’ San Nicolas VMS deposit in Zacatecas State, managed the pre-feasibility field program at Goldcorp’s Los Filos Mine and led Teck’s exploration team that developed the Guerrero Gold Belt exploration model resulting in the El Limon-Guajes and Cerro Media Luna discoveries, currently operated by Torex Gold. She was most recently Vice President of Exploration at Newstrike Capital, where she led the Ana Paula Project discovery team until Newstrike’s acquisition by Timmins Gold in 2015. Prior to that, Ms. Kearvell worked as Vice President of Corporate Development for Aurea Mining where she introduced and promoted the GGB to capital markets, among other duties. Ms. Kearvell resides in Guadalajara, Mexico.

Candente Gold Corp. announces that it has granted a total of 250,000 incentive stock options to certain directors, officers, members of management and/or key consultants, as recommended by the Company’s Compensation and Governance Committee.

“I am very pleased to report that Avino continued to deliver strong financial and operating results in 2016, with consistent silver equivalent production and solid performance from our Avino and San Gonzalo mines, our cornerstone assets from which to grow the company from. We continue to meet management’s expectations, and with stringent cost controls we exited the year with strong fundamentals in place. Our steady results are due to the dedication of our teams in both Canada and Mexico. Our focus for 2017 remains consistent operating results and moving forward with our plans for plant and mine expansion to increase throughput capacity at the processing plant by an estimated 70%, the advancement of the Oxide Tailings Resource project, continued construction and consideration of new initiatives regarding tailings storage, and the previously announced three-phased expansion program at Bralorne.”