Month: February 2019

At San Francisco, the previously announced processing of low-grade stockpile material through the crushing circuit is working well. In January, approximately 528,770 tonnes of stockpile grading 0.306 g/t gold were stacked on the leach pads. Gold production for the month of January was consistent with Q4 production at approximately 3,890 ounces. There are sufficient stockpiles to operate at this capacity throughout 2019 and the Company is continuing to develop an engineered plan for recommencing mining activities.

“Operational performance at our mines steadily improved as the year progressed, with increased production as well as reduced costs quarter-over-quarter,” said Darren Pylot, President and CEO of Capstone. “We ended 2018 strong and are well positioned for a solid 2019.”

Prospero Silver Corp. is pleased to announce that, further to its press release of January 25, 2019, the Company has received TSX Venture Exchange acceptance of the option agreement with Fortuna Silver Mines Inc. pursuant to which Fortuna can earn up to a 70% interest in the Company’s Pachuca South East Property located in Hidalgo State, Mexico.

“Operationally, 2018 was a year in which we successfully achieved our goal of completing Mill Circuit 4, owing much to the Mexican Operations team and their dedication to the project. Additionally, we completed drill programs on several areas of the Avino property, which successfully outlined longer term targets that warrant further investigation and drilling.” stated David Wolfin, President and CEO.

Auxico Resources Canada Inc. is pleased to announce that it has completed a non-brokered private placement of 2,000,000 units, issued at a price of $0.20 per Unit, for gross prceeds of $400,000.

Sonoro Metals Corp., is pleased to announce the appointment of Neil Maedel to the Company’s Board of Directors and his assumption of duties as Executive Director, Corporate Finance. To accommodate the appointment of Mr. Maedel, director Ronald Husband has resigned from the Board, but will continue to act as an advisor to the Board. In addition, Sonoro has appointed Katharine Regan as Corporate Secretary of the Company.

“We would like to thank our shareholders for overwhelmingly approving the Acquisition and for their continued support”, stated James Bannantine, President and CEO. “The acquisition of Beadell is transformational for Great Panther, resulting in the creation of a new growth-oriented intermediate precious metals producer with a strong balance sheet and diverse asset portfolio including three producing mines, an advanced stage project, and significant exploration potential.”