Day: February 17, 2016

Commenting on last year’s exploration results, Christopher Emerson, Vice President Business Development and Geology, said, “In 2015, even with tough market conditions, Pan American still made important investments in exploration, spending $10.9 million to complete 105,000 metres of diamond drilling around our operations. This investment in drilling and related exploration activities helped us to add 22.5 million ounces of new silver mineral reserves. However, our additions from exploration were not sufficient to fully offset the 33.5 million ounces of contained silver that were depleted from our mineral reserves through mining and 8.9 million ounce of silver re-categorized from reserves to resources due to lower assumed metal prices.”

Starcore International Mines Ltd. announces production results for the fiscal 2016 second quarter, ending January 31, 2016, at its San Martin Mine in Queretaro, Mexico.

GREAT PANTHER SILVER LIMITED announces a ten-day extension of the due date for the next option payment on its Guadalupe de los Reyes Project in Sinaloa, Mexico. Great Panther holds an option to acquire up to a 100% interest in the GDLR Project from a subsidiary of Vista Gold Corp.