The improvements made at Parral in late 2016 have now taken effect and we expect to see continued increases in production in the near future said Brad Langille, CEO.
GREAT PANTHER SILVER LIMITED announces the appointment of Ms. Elise Rees FCPA, FCA, ICD.D to the Company’s board of directors.
President Mike England states, This property represents a significant opportunity for the Company based on our knowledge and experience dealing with lithium in hectorites and our association with Lithium Australia. It is early days on this project; field crews are on site and more information will be forthcoming in the near future.
Gordon Babcock, Chief Operating Officer of Sierra Metals Inc. commented: “We are pleased with the updated Resource report and the quality of the defined areas within the Report for the Cusi mine. A 15,000-meter drill program has been in execution at Cusi since December 2016 and has recently been completed, it is important to note that this data has not been incorporated in this resource report. Drilling took place at the Santa Rosa de Lima zone with good results reported to date and the balance of the assay results expected shortly. With the delineation diamond drilling program complete and subsequent exploration programs underway at the Santa Rosa de Lima zone in addition to other areas on the property, potential increases have been targeted with a goal of increased tonnage and grade at Cusi mine.”
Neil Woodyer, CEO stated “The infill drilling results are exceptional and confirm the widths and grades in the widest and higher grade portion of the Bermejal Underground deposit. We are initiating a $7.7 million step-out and infill drilling program of 56,000 metres to add more resources to Bermejal Underground. Los Filos currently operates two open pit mines, Los Filos and Bermejal, and one underground mine at Los Filos. The Bermejal Underground project presents the opportunity to develop a second underground mine to both expand gold production and extend mine life. The results to date confirm the high quality and significant exploration upside potential of Bermejal Underground.”
We are pleased to have met our obligations to the Bond holders, said Robert Eadie, President & CEO of the Company. Our investors and financiers have been exceptional partners for Starcore and have supported our aspirations for growth. We will continue to develop these alliances as we forge ahead with our plans for increasing shareholder value.
“Thor was a gentleman above all things,” commented André Fortier, Chairman of the Board of Directors. “He had a love for life and a sense of optimism that will be greatly missed by all of us at Excellon. Our deepest condolences to his family and all of the people he touched over the years.”
Silver Spruce Resources Inc. has engaged the FronTier Merchant Capital Group to provide investor relations and marketing services through their media partners in order to increase market exposure.
Gordon Babcock, Chief Operating Officer of Sierra Metals Inc. commented: “We are satisfied with the updated Resource and Reserve report for the Bolivar mine and the quality of the defined areas within the Report. At Bolivar, a 20,000-meter drill program has been in execution since the latter part of 2016 with a significant portion already completed. Drilling is taking place at the Bolivar West, Bolivar Northwest and will continue at the La Sidra area. Also, a recently completed geophysical program utilizing Titan 24 techniques has targeted near-surface, coincident strong chargeability (IP) and resistivity anomalies in the Southwestern sector of the property near Bolivar West. These targets are being drilled with a diamond drilling program and subsequent exploration programs are targeted to increase tonnage and grade at Bolivar.”
Mr. David Wolfin, President and CEO stated, We are extremely pleased with the very attractive economics of the Oxide Tailings Resource PEA. These positive results will enable us to plan the next steps, identify any additional studies and move forward in advancing the oxide tailings project. We intend to follow the recommendations contained in the Technical Report, which will include the pre-feasibility phase, and we continue to review alternative approaches for the storage of existing tailings.
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