Gold Resource Corporation reported production results for the first quarter ended March 31, 2019 of 6,538 ounces of gold and 364,653 ounces of silver, which along with base metal revenue generated $26.6 million in net revenue and $0.9 million, or $0.01 per share in net income for the quarter.
Oroco Resource Corp. is pleased to announce that it has been advised by its Mexican legal counsel that the Mexican Federal Appeal Court has rendered an oral decision which materially affects the status of the Santo Tomas concessions. The decision will nullify a 2016 judgement which had resulted from an unwarranted claim to the Concessions by Aztec Copper Inc. and its Mexican subsidiary. The Company is waiting for written confirmation of the appeal court decision prior to the resumption of trading.
GREAT PANTHER MINING LIMITED is pleased to announce the appointment of Mr. Kevin Ross to its Board of Directors, effective today.
Goldplay President and CEO Marcio Fonseca commented, ‘The Nava Zone, located to the west of the San Marcial resource, is shaping up to be a potentially significant low sulphidation epithermal gold target. Geological mapping and geochemical data indicate evidence of gold mineralization at the upper portion of a large low sulphidation epithermal system, opening opportunities for upcoming drilling to delineate future areas for resource definition. In addition , the presence of high-grade individual results in wide mineralized zone and presence of visible gold as recently announced from channel sampling in historical tunnels at Nava, encourages the Company to continue exploration at Nava.’
‘The Company views the receipt of this data as very significant as it will provide a great deal of information that Colibri can use in continued development of Pilar. Colibri will be creating a new 3D model of the Main Zone and plans to complete infill and exploration expansion drilling as required,’ stated Colibri President & CEO Ron Goguen.
Endeavour CEO Bradford Cooke commented: ‘Sustainability for Endeavour Silver is not a bolt-on to our business strategy, it is core to the way we do business, and that is what makes us different. We work hard to ensure that our management and employees understand our approach to sustainability so that it is embedded in our decision-making processes. Doing so helps us gain local trust and confidence, leaves a positive legacy, and enhances our ability to grow.’
‘Initial drilling confirms our belief that Marianas will be important to the future of Mercedes,’ commented Stephen McGibbon, Executive Vice-President. ‘The drill program is in its very early stages, testing the margins of Marianas from new ramp development. We expect stronger and more consistent results as the drilling progresses toward the core of the Marianas resource later in 2019.’
Leagold Mining Corporation reports Q1 2019 financial and operating results with consolidated gold production of 105,949 ounces at AISC of $927 per oz sold, resulting in an AISC margin of $38.0 million. These results generated Q1 2019 earnings from mine operations of $25.6 million and EBITDA of $38.4 million.
Argonaut Gold Inc. is pleased to announce the results of its annual meeting of shareholders held May 2, 2019.
La empresa Corpomin reportó, durante los primeros minutos de hoy, la caída de una costra formada en la parte superior de la mina de Cerro Prieto, ubicada en Julimes.
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