Day: April 24, 2018

A New Lithium War Is About To Begin

It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium.

SilverCrest Files Mineral Resource Technical Report on the Las Chispas Property

SilverCrest Metals Inc. is pleased to announce that a technical report titled “Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico”, dated April 23, 2018, with an effective date of February 12, 2018, was filed today on SEDAR at www.sedar.com and is also available on SilverCrest’s website. The Las Chispas Report was independently completed for the Company by Tetra Tech Canada Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Capstone Mining First Quarter 2018 Financial Results

“Capstone reported positive net income and cash flow in the first quarter of 2018, on contributions from both Pinto Valley and Cozamin,” said Darren Pylot, President and CEO of Capstone. “We also announced the sale of our Minto Mine for $37.5 million of cash plus working capital.”

Argonaut Gold Announces Favourable Recommendations From ISS and Glass Lewis for Annual and Special Meeting Proposals

Argonaut Gold Inc. (TSX: AR) is pleased to announce that Institutional Shareholder Services Inc. and Glass Lewis & Co., two leading independent proxy advisory firms, have recommended to their respective institutional clients that they vote in favour of all the resolutions to be considered at Argonaut’s Annual and Special Meeting of shareholders to be held on May 1, 2018 at 11:30 a.m. EDT at the offices of Bennett Jones LLP, 3400 One First Canadian Place, 100 King Street West, Toronto, Ontario.

Westminster Appoints VP Exploration

Westminster Resources Ltd. (TSX.V: WMR) is pleased to announce that it is appointing Kerry Griffin as vice president of exploration for Westminster Resources. Mr. Griffin is a highly experienced geologist with experience in South America, Australia Southern Africa and Mongolia. He has held senior roles with Newcrest Mining, Consolidated Minerals and Ivanhoe Mines Mongolia, and started his career as a mine geologist at the Telfer Gold Mine.

Aztec Minerals Intersects 0.77 grams per tonne Gold over 160.0 meters including 1.04 gpt Gold over 80.0 m at Cervantes Property, Sonora, Mexico

President and CEO Joey Wilkins stated: “Hole 18CER010 is the best we’ve seen thus far at Cervantes as part of our Phase 1, 17 hole, 3,000 m drill program. These positive drill results, combined with our recent land acquisition that expanded the property six-fold to 3,619 hectares and added several new porphyry-type gold-copper targets, significantly enhance the potential of the Cervantes Property.”

Teck Reports Unaudited First Quarter Results for 2018

“Prices for our key commodities remained strong resulting in another good quarter for us, with adjusted earnings of $753 million and adjusted EBITDA of $1.6 billion,” said Don Lindsay, President and CEO. “Our operations performed well during the quarter and we’re pleased that Fort Hills achieved first oil and is ramping up to full capacity as expected.”

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