Month: January 2016

Bradford Cooke, CEO and Director, commented, “Our mining operations group is to be commended for delivering another solid year of production in 2015. Guanaceví continued to perform better than plan and the completion of the Phase 2 mine expansion from 1,500 tpd to 2,200 tpd at El Cubo was a significant achievement, offsetting the planned lower production from Bolañitos.

“Despite a difficult metals market, Hecla’s production continues to grow, setting the 2nd consecutive annual silver production record,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “All three mines exceeded guidance and San Sebastian has begun production. We are continuing to see results from our strategy of investing in production growth, causing our silver equivalent production to be the most in our 125-year history. This growth, along with cost controls and focused investment, puts Hecla in a good position now and when metals prices rebound.”

Canarc Resource Corp. is pleased to announce that it has appointed Mr. Alfonso Canseco as Interim General Manager for Canarc’s fully permitted El Compas Gold-Silver Mine in Zacatecas, Mexico, effective immediately. Based in our Zacatecas office, Mr. Canseco will be responsible for directing our efforts to bring the El Compas mine into production in 2016.

GoGold Resources Inc. is pleased to announce that Brad Langille moves from Strategic Advisor to replace Terry Coughlan as President and CEO effective today. Mr. Coughlan will continue his role as Chairman of the Board of Directors.

“Brad is the right person to take GoGold to the next level,” said Coughlan. “His experience in building and operating mines in Mexico is instrumental in executing GoGold’s growth plan.”

The Board of Directors of Aurcana Corporation reports that upon reviewing the trading volume, costs and administrative requirements related to the Company’s listing on the OTCQX International, it has voluntarily delisted its common shares from the OTCQX International effective tomorrow, January 6, 2016. Aurcana’s common shares continue to be listed on the TSX Venture Exchange.

The Board of Directors of Almadex Minerals Limited has adopted a shareholder rights plan. The Plan has been accepted for filing by the TSX Venture Exchange.