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Majority Of Torex Workers At ELG Mine Vote To Return To Work

December 15, 2017 Go to Location

Fred Stanford, President and CEO of Torex stated: “Our thanks go out to the hundreds of individuals who have stepped up and publicly illustrated that the Company is making a meaningful contribution to society and that they are proud to be a part of that journey. With such an overwhelming show of support by our employees through this vote, we hope Los Mineros will remove its illegal blockade and let workers get back to work so that they can provide a good Christmas for their families. It is now clear that Los Mineros does not speak for our union eligible employees, who do not want their disruptive presence through the continuation of the blockade.” He added, “If Los Mineros, and their supporters, UNIFOR, and USW, are not legitimately speaking for our union eligible employees then presumably they are speaking for someone else. We assume they are speaking for themselves, and their political agendas in the Mexican federal presidential election and in the NAFTA negotiations. We would hope that these outside unions keep their political actions to the political arenas, and let the employees get on with their lives and go back to work. If Los Mineros, USW and Unifor truly care for these workers, then they will honour the workers’ vote and immediately lift the blockades, and limit political activity to political arenas.”

Cerro Cascaron Drill Permitting Underway

December 14, 2017 Go to Location

Harvest Gold’s President and CEO Rick Mark states: “Recently a meeting of the Harvest Gold/Evrim Resources geological team was held in Vancouver. Priority drill targets were selected in both the main Cascaron gold vein field and the silver-rich Cascarita prospect. With the knowledge gained from the fall 2017 Phase 1 exploration program, which included rock and soil sampling results, geologic mapping and adit sampling results, we have a high level of confidence in our targeting and are looking forward to having these high priority targets tested. Our Joint Venture partner expects the drill permitting process to be complete by the end of January.”

Chesapeake Gold Provides Yarely Drilling and Exploration Update

December 14, 2017

Mr. Randy Reifel, President states, “We are very early in the drill program with only five holes completed in the Central Prospect. We are very encouraged that Y-02 and Y-03 tested a deep blind IP anomaly that underlies a 3.0 x 1.5 kilometre hydrothermal system exposed on surface and confirms its continuity to a depth of 500 metres. The strength and types of the alteration with increasing copper values lower in the system indicates a potential significant mineralized intrusive. We are also pleased with the first two drill holes in the Spaniard zone. Drill results confirmed the depth of the gold-silver sulfide mineralization to at least 100 metres. Resistivity profiles indicate that several of these structures may extend more than 350 metres below surface.”

Excellon Commences 2018 Exploration Program At Platosa And Appoints New Director

December 14, 2017 Go to Location

“The upcoming exploration program is founded on a back-to-basics review and reanalysis of the large historical database of geophysics, geochemistry and drilling on the Platosa Property,” stated Ben Pullinger, Vice President Geology. “This analysis has already successfully identified new prospective targets at Jaboncillo and San Gilberto, which have been confirmed by field mapping. We are confident that this methodology and the improved understanding of the regional system surrounding the Platosa Mine will lead to positive exploration results in 2018. We are also pleased to have the funding secured to execute this comprehensive exploration program as we explore for new manto and skarn discoveries on one of Mexico’s most prospective mineral belts.”

Santacruz Silver Amends Terms of Option Agreement on the Veta Grande Project and Enters Option Agreement for its Zacatecas Mineral Assets with Carrizal Mining

December 14, 2017 Go to Location

"The Zacatecas Mineral Assets represent one of the largest and most historically important land packages within Mexico's Zacatecas silver belt and we are very pleased to have reached this agreement with Contracuña which provides us greater flexibility to consolidate our mineral interests," stated Arturo Préstamo, President and CEO of Santacruz. "In addition, our joint venture with Carrizal is an important milestone in our plan to grow our Zacatecas operations into a significant silver producer, and we look forward to its continued development as part of Santacruz's transition into a mid-tier Mexican silver producer."

Mammoth Resources Announces Closing on $720,000 Private Placement and Commencement of Diamond Drilling at its Tenoriba Gold-Silver Project, Chihuahua, Mexico

December 14, 2017 Go to Location

Thomas Atkins, President and CEO of Mammoth commented on this successful Private Placement, stating: "We're pleased to be closing on one hundred percent of what we'd set out to raise through this financing and in fact we couldn't accept additional investment due to the limits of our price reservation. We're also pleased to announce that even prior to closing this financing we began diamond drilling and are pleased to so quickly be able to mobilize and start drilling relative to the announcement of our plans to fund drilling via this Private Placement. Mammoth's VP Exploration, Richard Simpson is on site and working with the drill contractor and local laborers to advance this drill program. Results are expected early to mid January and throughout the first quarter of 2018. We're optimistic the abundant surface work performed by the Company, and which was used in selecting the drill targets, will produce some attractive precious metal intersections from this drilling."

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