Alio Gold Sells Non-Core Assets for $19 Million

“These transactions are consistent with our strategy to focus on optimizing our operating mines to generate cash flow,” said Greg McCunn, Chief Executive Officer. “As a result of the reduction in debt and increasing our working capital we are well positioned to ramp up Florida Canyon and to continue with the pit pushback that is underway at our San Francisco Mine. We are pleased to strengthen the balance sheet while retaining future growth opportunities at Florida Canyon which include pit rim resource expansion potential, restart of the adjacent Standard Mine and further delineating the known sulphide deposit below the current oxide resource.”

Premier Reports Third Quarter Production of 20,100 Ounces Gold

“Overall gold production during the third quarter met expectations with additional ore being processed from stockpiles at the low-cost South Arturo mine,” stated John Begeman, Executive Chairman of Premier.“In addition, development and construction commenced on the next two production phases at South Arturo; the Phase 1 open pit and the El Nino underground mine”.

Santacruz Silver Makes Final Option Payment to Golden Minerals

“With this payment Santacruz now owns outright, subject to underlying net smelter royalties on certain of the claims, these important concessions and controls approximately 8,900 hectares in the historic and prolific Zacatecas silver mining belt.” stated Carlos Silva, COO of the Company. Mr. Silva continued “We are confident that as we progress the exploration and development of our Zacatecas mineral portfolio we will realize the strong mineral potential of this historical mining district”.

First Majestic Files Preliminary Base Shelf Prospectus

First Majestic Silver Corp. announced today it has filed a preliminary short form base shelf prospectus with the securities regulators in each province of Canada, except for the Province of Quebec, and a corresponding shelf registration statement on Form F-10 with the United States Securities and Exchange Commission. These filings, when made final or effective, will allow the Company to make offerings of common shares, subscription receipts, units, warrants or any combination thereof of up to US$300 million during the 25 months following the (final) prospectus and registration statement becoming effective in the United States and Canada (except for the Province of Quebec).

México planea abrir 19 nuevas minas de oro

La recuperación en los precios internacionales del oro permitirá que entre lo que resta del año 2018 y el próximo año 2019 se pongan en operación al menos 19 nuevas minas de oro o plantas de procesamiento de este metal precioso en el país, ubicándose la mayor parte de los proyectos en los estados de Zacatecas, Guerrero y Durango.

Multiple Veins Return Significant Tahuehueto Assays

Antonio Berlanga, CEO, states “The assay values returned, confirm the excellent ore quality and potential of Tahuehueto. Selective Cut and Fill mining methods to be used during mining operations will ensure the high quality of mined ore, minimize dilution and help deliver low mining cost. This along with an innovative mine design that is significantly reducing the required underground development that was envisioned in previous studies, is sure to allow the Tahuehueto Mine to maximize future profitability for the benefit of all Telson stakeholders including employees, local communities and shareholders.”

First Majestic Produces a Record 6.7 Million Silver Equivalent Ounces in Third Quarter

“We had a very strong quarter with total production achieving a new record of 6.7 million silver equivalent ounces representing a 31% increase compared to the prior quarter,” said Keith Neumeyer, President and CEO. “The record quarter was primarily due to the Company receiving a full quarter of production from the San Dimas operation, along with increases in consolidated silver and gold grades of 19% and 35%, respectively. In fact, five of our six mines recorded higher production levels as a result of these significant grade improvements. However, due to the prolonged weakness in the silver price we have implemented a 20% cost reduction program across all areas of the business which is expected to be fully realized by the first quarter of 2019.”

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