Month: February 2018

Levon Closes $900,000 Private Placement

Levon Resources Ltd. announces that it has amended and closed its previously announced non-brokered private placement through the issuance of units of the Company at a price of C$0.35 per Unit, for total gross proceeds of $899,925. Each Unit will consist of one common share and one common share purchase warrant entitling the holder to acquire one common share of the Company at a price of C$0.50 per common share for a period of two years from the closing of the Placement.

Mineros Celebran Aniversario

El Sindicato Nacional Minero Metalúrgico El Frente conmemoró ocho años de su formación con el anuncio e la incorporación de 500 plazas más para Fresnillo.

Mining in Mexico: activity and expectation is high in 2018

Analysis by BMI Research predicts that Mexico’s mining industry will experience one of the fastest recoveries in Latin America due to the strong price performance of its key commodities – gold, silver, copper and zinc – along with a steady project pipeline and supportive regulatory framework. Heidi Vella profiles Mexico’s mining sector and its prospects for 2018 and beyond.

Sierra Metals Announces Filing of NI 43-101 Technical Report on the Cusi Mine in Mexico

The Report supports the disclosure made by the Company in its news releases dated December 29, 2017 entitled “Sierra Metals Significantly Increases Mineral Resource Estimate for Cusi Mine, Mexico.” There are no material differences in the mineral resources contained in the Report from those disclosed in the December 29, 2017 news release.

Telson Announces Campo Morado Mine 2017 Startup Operational Results of 2.4 Months of Development, Preproduction and Initial Concentrate Sales

Antonio Berlanga, CEO of Telson, states “We are thrilled to have realized the first successful US $4.8 million sales of lead and zinc concentrates produced during our 2017 initial startup testing phase of the Campo Morado mineral processing facility as we work through the mill recommissioning process. Considering we only completed the acquisition of the Campo Morado mine in June 2017, we believe our mining and mineral processing teams have done an exceptional job in recommissioning and tuning up the mill and related facilities. The startup process has proceeded exactly as we envisioned and we appreciate the support of the local communities and governments in this effort…”

Hecla Reports Discoveries at San Sebastian, Casa Berardi and Greens Creek

“Our strategy of investing in exploration continues to add value, with considerable exploration success this year, including the record silver, gold and lead reserves announced last week,” said Phillips S. Baker, Jr., President and CEO. “This past quarter was no different than the full year. We continue to expand the polymetallic mineralization at San Sebastian, so much so that we expect to take a bulk sample this year. At Casa Berardi, our exploration continues to confirm the high expectations we had when we acquired it, with expansions of planned pits and discovery of new open pitable material as well as new high-grade lenses underground. Finally, drilling at Greens Creek discovered high-grade mineralization in the central part of the mine that could enhance Greens Creek’s already exceptional mine economics and mine life.”

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