Avino Silver and Gold Mines Ltd. is pleased to announce the following October production results from its San Gonzalo mine operation located on the Avino property near Durango, Mexico.
Orex Minerals Inc. is pleased to announce the results of the first six holes of the 12,000 metres Phase-II diamond drilling program on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo PLC is managing this Phase-II program.
Capstone Mining Corp. today announced its financial results for the three and nine months ended September 30, 2012. Net earnings for the quarter were $12.8 million and cash flow from operating activities was $25.8 million. Capstone ended the quarter with cash on hand of $509.4 million and a $200 million credit facility. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 22.6 million pounds in concentrates at a total cash cost(1) of $1.50 per payable pound.
United States Antimony Corporation reports a loss of $175,125 on revenues of $2,655,123 for the quarter ended September 30, 2012. John Lawrence, Chief Executive Officer commented, Due to the expenses and capital expenditures for mining, milling, and smelter equipment and new general and administrative expense incurred in the quarter, the Company is now entering a sustained period of production growth and revenue from its facilities in the United States and in Mexico.
Coeur d’Alene Mines Corporation (CDE) Q3 2012 Earnings Call November 6, 2012 2:00 PM ET
US-based silver producer Coeur dAlene Mines had posted lower profit during the third quarter owing to rising production costs, which were mainly the result of production issues at the companys Palmajero mine, in Mexico.
Silver Bull Resources (TSE:SVB) is not only on the verge of defining a high grade silver zone at its Sierra Mojada property in Mexico on top of the already defined low grade silver resource – but it is also on the cusp of bringing a high grade zinc resource into its story.
Corex Gold Corp. is pleased to announce it has executed a definitive agreement with Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A. wherein Vale may acquire up to a 65% interest in the Company’s Santana Project. The objective of this alliance is to further develop the copper-gold porphyry target on the Santana Project, in Sonora State, Mexico. The Santana Project is located approximately 80 km southwest of the world-class Mulatos district. The Corex claim block is situated along a trend of producing mines in the Sierra Madre Occidental.
WESTRIDGE RESOURCES INC. is pleased to announce the appointment of Gregory L. Myers, PhD, as director of the Company effective November 6, 2012.
Newstrike Capital Inc. announces the results from 8,035 meters in 15 drill holes completed this period at the Company’s 100%-owned Ana Paula Project in the Guerrero Gold Belt, Mexico. These drill results are from new exploration holes and from the Breccia Zone delineation program. The drill holes in this series are collared in the northeast and southeast quadrants and targeted the Lower Grade Mineralization.
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