La compañía obtuvo un EBITDA de 979 millones de pesos, en comparación con 543 millones de pesos registrados en el mismo lapso de 2016, lo que representa un incremento de 80.5%, en tanto el ingreso total por ventas fue de 12 mil 857 millones de pesos, con aumento de 28.6% respecto al primer trimestre de 2016.
Gold Resource Corporation reported production results for the first quarter ended March 31, 2017 of 6,747 ounces of gold and 427,890 ounces of silver, which along with base metal revenue generated $24.3 million in net revenue for the quarter. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $109 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Vangold Resources Ltd. announces that it has adopted the amended and restated stock option plan approved by shareholders at the annual general meeting held on April 10, 2017. The Plan is subject to acceptance by the TSX Venture Exchange and reserves a fixed 6,784,614 common shares for issuance pursuant to options, less any common shares reserved for currently outstanding stock options.
Aztec’s President and DEO, Joey Wilkins, stated: “We appreciate the long standing support of our private shareholders and the new support of our public shareholders including Coeur Mining through the IPO with Haywood. The Cervantes Property offers our shareholders excellent potential for the discovery of a porphyry gold-copper deposit in a well-established but under-explored porphyry gold-copper belt. We look forward to advancing Cervantes through exploration and building Aztec into an exciting new business venture.”
San Marco Resources Inc. announces that results from ongoing geological mapping and prospecting have confirmed and expanded the size potential of Target #1068 in Sonora State, Mexico, elevating the target to project status.
Congratulations to Dean on receiving this prestigious award, said Phillips S. Baker, Jr., President and CEO. We believe the largest risk to mining companies today is the ability to replace reserves. Dean and his exploration team have been instrumental in Hecla maintaining its strong and growing reserve and resource profile over the past 10 years; as we added 299 million silver ounces to reserves despite price volatility and the recent trend in the industry of declining reserves.
Canasil Resources Inc. announces assay results for drill holes ES-17-18 and ES-17-19 of the 2016-17 core drilling program at the La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico. Both drill holes intersected wide mineralized intervals with multiple silver-zinc-lead intercepts, with appreciable gold values in ES-17-19, reporting high-grade intervals from the La Esperanza vein. These holes now complete the current drill program, which was expanded to eight drill holes for a total of 2,452 metres (m). All drill holes successfully intersected the La Esperanza vein indicating a strong mineralized system which remains open in both directions to the southeast and northwest along strike and to depth. Of particular note are the high gold grades observed for the first time together with high silver grades in drill hole ES-17-19.
“The year 2016 was focused primarily on the re-structuring of the Company’s balance sheet,” said Arturo Préstamo, President and CEO. “With management’s plan to focus on the producing assets, we have executed on our plan to divest non-core assets and move forward with our production plans accordingly.”
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