Timmins Gold Reports 2015 Third Quarter Results

Mark Backens, Interim CEO and a Director of the Company, stated “the decline in gold price has necessitated changes in mining operations at San Francisco and taking a large impairment on the asset. Our focus going forward is to structure our operations and balance sheet to protect the Company and allow us to advance our development projects, Ana Paula and Caballo Blanco. We have modified our mine plan to maximize cash flow while maintaining flexibility to respond to changing market conditions. We have implemented and are continuing to implement numerous cost saving efforts including the reduction of workforce, primarily at the San Francisco Mine along with other mine site, operations and corporate G&A savings, including a 50 percent reduction in fees to directors.

Coeur Files Technical Report for Palmarejo Complex

Mitchell J. Krebs, Coeur’s President and Chief Executive Officer, said, “The technical report reflects a robust, high-margin mine plan at current metal prices showing substantial improvements in production, mine life, grades, recoveries, costs, and cash flow compared to the last technical report for Palmarejo filed eight months ago. This enhanced plan demonstrates Palmarejo’s transition to ‘quality over quantity’ production and highlights the importance of the Independencia Este deposit, which was added through the acquisition of Paramount Gold and Silver Corp. in April…. “

Timmins Gold Closes Acquisition of Process Plant and Infrastructure for Ana Paula Project

Timmins Gold Corp. is pleased to announce that it has closed the acquisition from a Mexican subsidiary of Goldcorp Inc. of the complete process plant and select auxiliary equipment used in the operation of Goldcorp’s El Sauzal Mine in Chihuahua, Mexico. The El Sauzal Mine was operational until December 2014 when it began its closure. The Plant has been be acquired by Timmins Gold for future use at its recently acquired Ana Paula project in Guerrero, Mexico.

Coeur Reports Third Quarter 2015 Results

“Our third quarter results provide further evidence that our strategic initiatives are dramatically reshaping the Company,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer.

Major Drilling Announces New Officers

Denis Larocque, Chief Executive Officer of Major Drilling Group International Inc. is pleased to announce that following an external search in which he was a candidate, Mr. David Balser, currently VP Finance, has been promoted to the position of Chief Financial Officer. As well, Mr. Larocque is pleased to announce the promotions of Marc Landry to the new position of VP – IT and Logistics, and Ben Graham to the new position of VP – HR and Safety.

U.S. Antimony Reports Record Zeolite Sales

CEO John Lawrence said that “The Company is rapidly increasing the production of zeolite to take advantage of the growing market, increasing the antimony production to lower costs, and getting the Los Juarez gold and silver on line to generate more revenue and prevent dilution of the shareholder equity. All capital is being generated internally.”

Excellon Updates Optimization Plan for Platosa Mine

“Further trend analysis over recent months has allowed us to develop a far less capital intensive optimization plan for Platosa,” stated Brendan Cahill, President and Chief Executive Officer. “We can now implement the plan using only underground wells, eliminating the need for surface wells and saving $4 million in upfront capital expenditures. Capital raising in this environment has been challenging, but with the funding now in place, we have a clear path forward for increasing production and lowering costs at Platosa.”

Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015

Endeavour CEO Bradford Cooke commented, “Given the falling precious metal prices this year, management has continued to focus on reducing costs and improving productivity at each of our mines, with significant success. Over the past five quarters, we have reduced our consolidated operating costs per tonne by 28% from US$103.58 down to US$75.07. Our operations team can take great pride in their accomplishments resulting from our philosophy of continuous improvement. We expect to meet or beat our guidance on all operating metrics for 2015.”

Excellon Announces C$6 Million Financing

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce that it has arranged a fully subscribed financing of C$6,000,000 through the private placement of secured convertible debentures of the Company and the sale of a net smelter return royalty on the Platosa Project. The proceeds from the Financing will be used to immediately begin implementing the previously announced Optimization Plan at the Platosa Mine (see press release dated June 2, 2015) and for general corporate purposes. References to principal amounts and conversion or exercise prices in respect of the Financing are in Canadian dollars.

Santacruz Silver Announces a Long Term Agreement to Explore and Mine the Veta Grande and Minillas mineral properties, located in the State of Zacatecas, Mexico

Mr. Arturo Prestamo, President and CEO of Santacruz stated: “First and foremost this agreement allows us to immediately leverage on the extra milling capacity available at our Rosario Mine which will help us realize certain economies of scale. In this regard we note that mineralization previously processed from the Contracuña properties reacted favourably on a metallurgical basis.” Mr. Prestamo continued, “In addition, the agreement will allow us to operate the Contracuña mill at 500 tpd capacity after a nominal capital expenditure upgrade. Further, the Company will be in position to evaluate the possibility of upgrading the Contracuña mill throughput capacity and if the economics are favourable we can explore the opportunity to increase the mining operations.”

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