Month: March 2017

Minera Alamos Announces Completion of Surface Rights Agreement for La Fortuna Gold Project – Moves Forward with Mining Permit Applications

“Over the past year, we have been able to establish constructive working relationships with the members of the local community. The finalization of this agreement marks a major milestone in the development of the La Fortuna project and we look forward to a mutually beneficial relationship with the local stakeholders,” said Darren Koningen, President of Minera Alamos.

Grupo armado roba camión con plata en Jalisco

Hombres armados se apoderaron de un camión con plata de la mina “El Pilón”, ubicada en el municipio serrano de San Martín de Bolaños, reportó ayer la Fiscalía de Jalisco.

Silver One Extends Known Mineralized Trend Over 2,600 m Along-strike at Peñasco Quemado, Sonora State, Mexico

Silver One’s President and CEO, Greg Crowe, stated: “The geochemical results at Peñasco Quemado are very encouraging as they put in perspective a much larger upside potential to the property than was previously understood. These two standout exploration targets defined by highly anomalous zinc, lead, barium and manganese values not only extend the prospective strike length of the mineralized system from the 450 meters associated with the Historic Resource to over 3,000 meters, but the association with strongly elevated zinc and lead values suggests the possible presence of other buried zinc and lead +/- silver bearing mineralized systems at depth This geochemical signature bears strong similarities to the silver-manganese oxide and deeper zinc-lead-silver sulphide deposits currently being successfully evaluated by Arizona Mines at their Hermosa and Taylor projects in Arizona. Further exploration is clearly warranted.”

Avino Announces Financial Results for Q4 and Year End 2016

“I am very pleased to report that Avino continued to deliver strong financial and operating results in 2016, with consistent silver equivalent production and solid performance from our Avino and San Gonzalo mines, our cornerstone assets from which to grow the company from. We continue to meet management’s expectations, and with stringent cost controls we exited the year with strong fundamentals in place. Our steady results are due to the dedication of our teams in both Canada and Mexico. Our focus for 2017 remains consistent operating results and moving forward with our plans for plant and mine expansion to increase throughput capacity at the processing plant by an estimated 70%, the advancement of the Oxide Tailings Resource project, continued construction and consideration of new initiatives regarding tailings storage, and the previously announced three-phased expansion program at Bralorne.”

Candente Gold Grants Stock Options

Candente Gold Corp. announces that it has granted a total of 250,000 incentive stock options to certain directors, officers, members of management and/or key consultants, as recommended by the Company’s Compensation and Governance Committee.

Geologix Announces Key Management Appointment and Issuance of Stock Options

Ms. Kearvell is an exploration geologist with over 30 years of experience working with junior and senior exploration and mining companies throughout North America and Mexico. She has worked exclusively in Mexico since 1994 during which time she co-discovered Teck Resources’ San Nicolas VMS deposit in Zacatecas State, managed the pre-feasibility field program at Goldcorp’s Los Filos Mine and led Teck’s exploration team that developed the Guerrero Gold Belt exploration model resulting in the El Limon-Guajes and Cerro Media Luna discoveries, currently operated by Torex Gold. She was most recently Vice President of Exploration at Newstrike Capital, where she led the Ana Paula Project discovery team until Newstrike’s acquisition by Timmins Gold in 2015. Prior to that, Ms. Kearvell worked as Vice President of Corporate Development for Aurea Mining where she introduced and promoted the GGB to capital markets, among other duties. Ms. Kearvell resides in Guadalajara, Mexico.

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