AIVN to Commence Drilling Alamo Mining Concessions

The Board of Directors of AIVN are pleased to announce the discovery of two new major auriferous zones on the concessions purchased on December 1, 2015. The Company completed the acquisition in Baja California of La Sorpressa, 90 hectares, La Sorpressa II, 265 hectares, La Sorpresa III, 71 hectares, Las III Fraccion 2 Frac I, 12 hectares, Las III Fraccion 2 Frac II, 12 hectares, Las III Fraccion 2 Frac III, 72 hectares, El Cid, 55.674 hectares, El Cid 1,72 hectares, Dolores, 1266.150 and M. Carter, 66.6054 hectares. The Company currently has a pilot plant mining operation at its La Sorpresa IV Property located in Baja California, Mexico. Presently, there are two Mexican mining companies showing interest in the Alamo and the Board of Directors recently turned down a Letter of Intent for $3,000,000 for 50% ownership of its subsidiary AIVN DE MEXICO.

Mexican Gold Samples High-Grade Gold and Silver Mineralization at its Pueblo Nuevo Concession

Brian Robertson, President and CEO stated, “We are excited about these high- grade sample results. The high-grade, gold bearing veins on the Pueblo Nuevo concession occur along the same sill contact and are believed to be part of the same metallogenic system as the better-known Au-Cu skarn deposits a few kilometres away at Las Minas proper. We look forward to carrying out further sampling and drilling at this highly mineralized site.”

Americas Silver Corporation Provides an Exploration Update at its Galena Complex and Cosalá Operations

“The 2017 exploration program is off to a fantastic start,” said Americas Silver Chief Operating Officer Daren Dell. “Only five months into the year and we have new discoveries at the Galena Complex which will positively impact the mine plan in the near term and provide optimism for future resource growth. At Cosalá, a significant extension of the San Rafael Zone 120 mineralization combined with our existing El Cajón mine points toward a new development scenario where our silver-copper resource could support a production centre.”

Santacruz Silver Reports First Quarter 2017 Production and Financial Results

“The fiscal results of the first quarter of 2017 and the fourth quarter of 2016 reflect a transition period for the Company as it added two new sources of mineralized material at the Rosario Project and expanded the development of mineralized material from previously mined stopes at Veta Grande referred to as “Chorros”” stated Arturo Préstamo, CEO of Santacruz adding, “As a result of mining the Chorros, the operating costs are substantially reduced and we look forward to continued production improvements at both Rosario and Veta Grande over the coming quarters.”

Minera Alamos Announces Strategic Partnership With Osisko Gold Royalties, Concurrent Private Placement and Corporate Update

Darren Koningen, President of Minera Alamos, commented: “this is a transformative announcement for Minera Alamos and marks the beginning of the next phase of our Mexican production and growth strategy. We are pleased to welcome Osisko as a significant shareholder of the Company and a strong partner to pursue near-term gold production at La Fortuna. We look forward to working with Osisko to fast-track La Fortuna toward production and expand our presence in Mexico organically and through additional acquisitions.”

Jaw Crusher arrives at the Santa Elena mine

Mexus Gold US. CEO Paul Thompson visited the Santa Elena mine on May 26th. During the visit he was able to witness the much anticipated arrival of the 4230 jaw crusher. As previously announced, this jaw crusher will enable the mine to increase production to 10,000 tons per day when operating at full capacity. It is expected that this increase in production will occur gradually as the machines performance is perfected. “Getting the jaw crusher on site is big deal to our mine operator and our shareholder base. I was thrilled to see the machine up close and getting readied for production,” added CEO Paul Thompson.

Prospero Provides Drill Update

Prospero has selected a drill contractor for its planned 6,000m program on three projects. Drilling is scheduled to begin in late June. Prospero will first drill 4 holes at its Matorral project in the Santa Maria del Oro camp. The plan is then to drill 8 holes at its Petate project followed by 8 holes at Pachuca SE- project descriptions below. This drilling program is under the terms of Prospero’s strategic agreement with Fortuna Silver Mines. Drill collar maps for Matorral will be available shortly on Prospero’s website.

Santacruz Silver Acquires Five-Year Exclusive Right to Explore, Develop and Mine the Membrillo Silver-Zinc Vein from Grupo Mexico

Santacruz Silver Mining Ltd. announced today that its wholly-owned subsidiary, Impulsora Minera Santacruz S.A. de C.V., has entered into an agreement with Grupo Mexico pursuant to which the Company has acquired the exclusive right for five years to explore, develop and mine the Membrillo silver-zinc-lead-gold vein structure situated approximately four km from the Company’s Rosario Project mill facility located near Charcas, San Luis Potosi, Mexico. The Exclusive Mining Right covers an area of approximately 500 hectares situated within the San Rafael concession. This brings the total area of the Company’s exploration and exploitation rights to approximately 958 hectares of the 2912 hectares comprising the San Rafael concession.

Avino Files Technical Report On Sedar

Highlights of the Oxide Tailings Preliminary Economic Assessment

Significant pre-tax NPV8% of US$40.5 million
Attractive pre-tax IRR of 48.4%
2 year pay-back period
Total capital expenditures of US$28.5 million
7 year mine life with LOM of 3.12 million tonnes of oxide tailings material

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