“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.”
“The planned suspension of milling operations at Topia was in effect throughout the entire first quarter and had an obvious impact on our overall metal production,” stated Robert Archer, President & CEO. “However, we continued mining at Topia throughout this period, and with the commissioning of the upgraded plant and the new tailings handling facility now underway, we have commenced the processing of ore stockpiled during the shutdown. This will continue through the balance of the year, such that we anticipate meeting our annual guidance.”
Endeavour CEO Bradford Cooke commented, From a production standpoint, we are still recovering from the reduced mine development and operational challenges we faced in 2016. Our plan is to increase production throughout the year as we improve ore grade controls at El Cubo, slowly return Guanaceví to good health, optimize throughput at Bolañitos and regain access to reserves at each mine in order to achieve our production guidance.
Leagold Mining Corporation is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to provide support to investor relations activities. Renmark has offices in Toronto and Montreal.
“This partnership with one of Japan’s leading battery chemical traders is transformational for Bacanora, said chairman Mark Hohnen. It significantly reduces the overall risk profile of the project, validates our production process, and provides us with an excellent platform with which to fund the future development of Sonora.
Coeur Mining, Inc. today announced first quarter production of 3.9 million ounces of silver and 88,218 ounces of gold, or 9.2 million silver equivalent1 ounces. Metal sales for the quarter were 4.5 million ounces of silver and 110,874 ounces of gold, or 11.1 million silver equivalent1 ounces.
Sierra Metals Inc. is pleased to announce the appointment of Igor Gonzales as President and Chief Executive Officer, effective May 1, 2017. Mr. Gonzales has served on the Sierra Metals Board of Directors since September 2013.
GREAT PANTHER SILVER LIMITED announces that Robert Archer, President and CEO, has advised that he will be stepping down during 2017 and will work with the board of directors to find his successor. Accordingly, the Board has retained a globally recognized recruitment firm to conduct an executive search for a new President & CEO who will maximize the Company’s growth opportunities over the next five to seven years. Mr. Archer will remain in his current executive role until a suitable successor has been appointed, and thereafter as an ongoing member of the Board.
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