Marlin Gold Mining Ltd. Announces Record Operating Results at La Trinidad

Akiba Leisman, Chairman and Interim CEO of Marlin states, “consistently mining high grade material at La Trinidad is transforming the Company. We went through another tough rainy season, which slowed production, but we couldn’t be more pleased with how the mine is performing now. To put this in perspective, October is a record month for placing gold onto the leach pad– a record we broke just 12 days into the month.”

Gold Resource Corporation Arista Mine Development Crosscuts Switchback Vein System

“With well over a year of allocating Company resources to extend decline ramps to the Arista Mine’s Switchback vein system, we are pleased and excited to now be developing the Switchback veins,” stated Mr. Jason Reid, CEO and President of Gold Resource Corporation. “Using cash flow from operations, we have gained access to this exciting new area of the mine and can begin to see the much awaited return on our invested capital. I am optimistic the Arista Mine’s Switchback vein system could one day be as large as, or perhaps larger than, the Arista Mine’s Arista vein system, and that we may in the future find additional parallel vein systems like Arista and Switchback. It will require time and additional capital to fully determine the size of Switchback, but now cash flow from Switchback production can be leveraged in our endeavor to continue to expand this large epithermal system.”

Mammoth Resources Commences Exploration Activities at its Tenoriba Precious Metal Property, Chihuahua Mexico

Mammoth Resources Corp. is pleased to announce that it has commenced exploration activities at its Tenoriba precious metal project in the prolific Sierra Madre region of Chihuahua State, Mexico. The Company had previously announced as a partial use of proceeds from its recent $200,000 capital raise, that it intended to perform a systematic PIMA, X-ray diffraction ground survey. The program is now underway and company geologists are collecting samples every 100 metres along lines oriented approximately north-south, spaced 500 metres apart which will be analyzed for the presence of various alteration clay minerals typically found in association with a High Sulphidation precious metal system as is believed to exist at Tenoriba.

Gold Resource Corporation Reports Preliminary Third Quarter Production of 6,066 Gold Ounces and 431,335 Silver Ounces Maintaining 2016 Annual Outlook

Gold Resource Corporation reports preliminary production results for the third quarter ended September 30, 2016 of approximately 6,066 ounces of gold, 431,335 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $108 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Sierra Metals Reports Record Third Quarter 2016 Production Results

“I am very pleased to see significant benefits from the operational improvement program at the Yauricocha Mine continuing to have a strong impact on operational results.” commented Mark Brennan, President and CEO of Sierra Metals. “We anticipate improved consolidated results quarter over quarter in the current year.”

Avino Announces Q3 2016 Production Results

We are pleased to report another quarter of consistent production from our operations in Mexico. With higher projected production in the fourth quarter, we are on pace to meet our internal annual budgeted production targets, despite the challenges faced in the second quarter. Although our overall output was down slightly this quarter, we are encouraged that the decrease was mainly the result of lower recoveries at the Avino Mine where mining activities took place in a new zone. Moving forward, we expect recoveries to improve as we optimize the plant for material from this new zone. Advancing our underground operations into new areas is fundamental to our goal of expanding both mining and processing operations. Further to this goal, we have commenced exploration drilling in the gap zone between ET and San Luis located within the Avino mine which we expect could significantly add to our current resource block at the Avino Mine.
-David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Exigen Sanción a Grupo México por Derrame en Mina de Chihuahua

Debido al derrame de 290 toneladas de jales (residuos) mineros sobre el Arroyo San Diego, en Santa Bárbara, Chihuahua, la senadora Silvia Garza Galván, del Grupo Parlamentario del PAN, propone que el Senado de la República solicite a la Procuraduría Federal de Protección al Ambiente (Profepa) un informe sobre los daños ocasionados al ambiente.

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