First deliveries mill feed to the Aldama plant expected shortly.
Cyprium to purchase mill feed, process and sell concentrates.
Use of the Aldama plant by Cyprium to also serve as optimization of plant operations ahead of production from Las Cristinas.
Paramount Gold and Silver Corp. on the first drill hole of the exploration program recently initiated on its 100%-owned San Miguel Project in northern Mexico has discovered a new high grade precious metals structure called Dana. The new discovery runs about 500 meters west of the Don Ese structure and parallel to it, and has a strike length potential on Paramount ground of about one kilometer. Don Ese is the highest grade and most valuable gold/silver deposit at San Miguel.
Fresnillo podría tomar coberturas para una parte de su producción de oro con el fin de proteger una reciente inversión en el norte de México, tras una ligera caída en la producción de plata.
Kootenay Silver Inc. is pleased to announce all seven holes of its Phase I drill program on its La Negra Diatreme Breccia prospect have returned significant grades of widespread silver mineralization extending from surface to depth, confirming a substantial new silver discovery.
Levon Resources Ltd. is pleased to announce it has agreed to make an investment into Pershing Gold Corporation in the amount of US$9.85 million, acquiring 35,178,572 shares of common stock of Pershing, representing an approximate 9.9% interest in Pershing. The transaction is expected to close on or about October 17, 2014. Pershing’s common stock is traded on the OTCQB under the symbol PGLC.
SilverCrest Mines Inc. is pleased to announce silver and gold production results for the third quarter of 2014 from its 100% owned Santa Elena Mine located in Sonora, Mexico. The Santa Elena Mine is in the process of finalizing the transition from an open pit heap leach to underground mining and milling operations. For additional information and to view photos and videos, please visit the Company’s website at www.silvercrestmines.com.
Argonaut Gold Inc., announced today that the Company produced 32,122 gold equivalent ounces during the third quarter ended September 30, 2014. This included 22,980 GEOs at its 100% owned El Castillo Mine located in Durango, Mexico and 9,142 GEOs at its 100% owned La Colorada Mine located near Hermosillo, Mexico. Additionally, the Company reported record GEOs loaded to the pads in Q3, which will be reflected in the fourth quarter production numbers.
Quarterly and year to date attributable silver production (including the Silverstream) remained at similar levels to the comparable periods of 2013, mainly due to higher ore volumes processed at Saucito and increased production from the Silverstream, which compensated for the lower ore grade at the Fresnillo mine.
Orex Minerals Inc. has awarded a 5,000 metre diamond drilling contract to Kluane Mexico S.A. de C.V., a subsidiary of Kluane Drilling Ltd., for the Los Crestones Gold-Silver-Copper Project, 100 km north of Culiacan in Sinaloa, Mexico.
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