Day: April 17, 2017

Riverside Resources And Centerra Gold Report Additional Trench Results And Commence Drilling At The Glor Gold Project

Riverside’s President and CEO, John-Mark Staude, stated: “We provided guidance that drilling was anticipated at Glor in our 2017 Corporate Outlook at the beginning of the year, and are pleased to now have drilling commence ahead of schedule. Riverside continues to be active in Sonora with exploration work expected to start at the Company’s Cecilia Project and partner-funded Clemente Project in the near-future. We continue to deliver as promised and look forward to drill results from Glor.”

Mexus producing gold at its Santa Elena mine

Mexus Gold US confirmed that it is producing gold at its Santa Elena mine. The first part of the mining plan is now complete with Pad #1 actively leaching gold, new mineralized material being place on pad #2, and the Merrill Crowe gold recovery plant now operational. We will be smelting and selling dore in the near future and will release results when prudent. The plan going forward will be to increase production to 10,000 tons per day and build out the mine infrastructure as necessary with increased revenue funding each stage. Mexus’ goal is to reach maximum output by December 2017.

Prospero Secures C$1.5-Million Strategic Investment From Fortuna Silver Mines

Tawn Albinson, the President of Prospero commented: “I’m delighted to welcome Fortuna as our strategic partner in Mexico and we look forward to working with their exploration team in the next 18 months. Fortuna’s team are experienced mine builders who have placed 2 mines into production; Caylloma in Peru and San Jose in Mexico. They are currently working on their third development project in Argentina. Their investment gives Prospero the additional funding we need to begin drill testing our portfolio of epithermal precious metals targets and to expand our generative efforts in Mexico. We intend to begin drill testing at our Petate, Matorral and Pachuca SE projects as rapidly as possible.”

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