Month: January 2017

Excellon Appoints Craig Ford As Vice-President Corporate Responsibility

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce the appointment of Dr. Craig Ford as Vice-President Corporate Responsibility. In this newly created consulting role, Dr. Ford will be responsible for enhancing the Company’s corporate responsibility policies and initiatives, instilling a culture of excellence, enhancing operational performance and improving relationships with all key stakeholders in the areas of safety, health, security, environment, community relations and development, and human rights.

Endeavour Silver Produces 5.4 Million oz Silver and 57,375 oz Gold in 2016

Bradford Cooke, CEO, commented, “Last year, Endeavour’s silver and gold production were significantly higher than our initial production guidance thanks to the turnaround in precious metal prices which allowed management to revise our production guidance upwards in July. I am pleased to say our operations team responded well and in general met the upward revised production targets in 2016.

Minaurum Announces Biricú Drill Results and Provides Update

Minaurum Gold Inc. is pleased to announce drill results from Guerrero Ventures Inc.’s 41,000 hectare Biricú project in the Guerrero Gold Belt in southern Mexico. Biricú shows typical Guerrero Gold Belt host rocks cut by intrusive rocks identical to those seen in Goldcorp’s neighbouring Los Filos Mine and Torex Gold’s nearby Media Luna deposit. It borders Minaurum’s Vuelcos del Destino project to the east and south.

Gainey Provides Corporate Exploration Update

Gainey Capital Corp. is pleased to announce that the Company’s Phase 1 drill program is progressing and has been expanded at the El Colomo Gold-Silver project located in the Sierra Madre Occidental Trend in Western Mexico. The drilling is focused on the La Higuerita mineralized zone and the La Nueva Victoria Mineralized zone which are two of the Company’s 21 known mineralized zones within El Colomo.

U.S. Antimony Reports Mexican Production

United States Antimony Corporation reported that it has started production from its own Mexican antimony and gold and silver properties. January production could be approximately 50,000 pounds of antimony, and the production will be ramped up from internally generated cash flow.

Arian Silver – San Celso Exploration Update

Arian Silver Corporation is pleased to announce high-grade silver results from the recently completed surface sampling and geological mapping of its wholly-owned San Celso project located in central Zacatecas State, Mexico.

Consolidated Zinc Ltd. – Appointment of Mr Eduardo Valenzuela as Technical Director

Commenting on the appointment, the Company’s Non?Executive Chairman, Mr Stephen Copulos, said: “We are excited to have Eduardo join the Company as we move to re?establishing expanded production at the Plomosas zinc mine in Mexico. He has considerable experience as a director and senior executive and brings extensive mining and project construction experience as well as an understanding of the Latin American mining culture to the Company.”

ALAMOS ACHIEVES 2016 PRODUCTION GUIDANCE AND PROVIDES 2017 OUTLOOK

“Alamos had a breakthrough year in 2016. With a record fourth quarter, we produced 392,000 ounces of gold for the year. We also achieved a significant reduction in our operating costs and capital spending which resulted in strong free cash flow growth from our operations. With stronger production and lower costs expected in 2017, this is a trend we expect to continue,” said John A. McCluskey, President and Chief Executive Officer.

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