Tag: Investor’s Corner

It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium.

SilverCrest Metals Inc. is pleased to announce that a technical report titled “Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico”, dated April 23, 2018, with an effective date of February 12, 2018, was filed today on SEDAR at www.sedar.com and is also available on SilverCrest’s website. The Las Chispas Report was independently completed for the Company by Tetra Tech Canada Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

“Capstone reported positive net income and cash flow in the first quarter of 2018, on contributions from both Pinto Valley and Cozamin,” said Darren Pylot, President and CEO of Capstone. “We also announced the sale of our Minto Mine for $37.5 million of cash plus working capital.”

Argonaut Gold Inc. (TSX: AR) is pleased to announce that Institutional Shareholder Services Inc. and Glass Lewis & Co., two leading independent proxy advisory firms, have recommended to their respective institutional clients that they vote in favour of all the resolutions to be considered at Argonaut’s Annual and Special Meeting of shareholders to be held on May 1, 2018 at 11:30 a.m. EDT at the offices of Bennett Jones LLP, 3400 One First Canadian Place, 100 King Street West, Toronto, Ontario.

Westminster Resources Ltd. (TSX.V: WMR) is pleased to announce that it is appointing Kerry Griffin as vice president of exploration for Westminster Resources. Mr. Griffin is a highly experienced geologist with experience in South America, Australia Southern Africa and Mongolia. He has held senior roles with Newcrest Mining, Consolidated Minerals and Ivanhoe Mines Mongolia, and started his career as a mine geologist at the Telfer Gold Mine.

“Prices for our key commodities remained strong resulting in another good quarter for us, with adjusted earnings of $753 million and adjusted EBITDA of $1.6 billion,” said Don Lindsay, President and CEO. “Our operations performed well during the quarter and we’re pleased that Fort Hills achieved first oil and is ramping up to full capacity as expected.”

La mina mexicana Saucito, de la empresa Fresnillo plc., encabezó el listado de las mayores minas de plata del mundo en 2017, de acuerdo con datos de The Silver Institute y Thomson Reuters.

Jim Voisin, President & CEO of First Mexican Gold Corp commented that “it has been a very long and protracted number of years with many possible funding disappoints. This funding solution enables FMG to move forward aggressively on long developed property plans while maintaining 100% control and vested interest of the Guadalupe property and the Karen zone while offering the opportunity to deliver enhanced shareholder value to our long suffering faithful shareholders. I look forward to aggressively moving the project forward”.

Bacanora Lithium plc, the London listed lithium exploration and development company, is pleased to announce that Chief Executive Officer Mr. Peter Secker has been appointed as a main board director of the Company with immediate effect. Mr. Secker has over 35 years’ experience in developing, constructing and operating mines, and most recently, has direct experience of developing lithium projects. He will continue to act as CEO of the Company, a post he has held since 19 May 2015.

Gold production from South Arturo during the quarter has already exceeded annual guidance, as a result of a decision by Barrick (the operator) in January to accelerate the processing of the Phase 2 ore stockpile. At Mercedes, the Company expects full year production to be weighted toward the second half of 2018 after modifications to the mine plan are realized at the new Diluvio deposit to account for slight differences in the orebody geometry versus the original plan (model). The Company remains on-track to meet or exceed its consolidated full-year production guidance of 85,000-95,000 ounces of gold.