GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) (“Great Panther”, the “Company”) has scheduled the release of its first quarter 2017 financial results on Wednesday, May 3, 2017 after market close. A conference call and webcast will be held on Thursday, May 4, 2017 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss the results. Mr. Robert Archer, President and CEO and Mr. Jim Zadra, CFO and Corporate Secretary will host the call. Shareholders, analysts, investors and media are invited to join the live webcast and conference call by logging in or calling in five minutes prior to the start time.
Month: April 2017
ALIX ANNOUNCES GERHARD JACOB TO BOARD
http://www.alixresources.com/index.php?page=news&id=1229
April 26th, 2017, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to welcome Gerhard Jacob to its Board of Directors. Mr. Jacob is a seasoned professional with almost 30 years of experience in the mining and exploration industry. He has worked and evaluated numerous projects around the globe plus has extensive management experience. During his career Gerhard served on the board of several junior companies and as a lead advisor. His most recent directorship was with Pure Energy Minerals and has worked on lithium projects since 2011. Mr. Jacob holds an MSc. in Geology /Geochemistry from the University of Goettingen, Germany.
“We are very happy to welcome Mr. Jacob to our Board. His lithium experience from being on Pure Energy’s Board is a tremendous asset for us.” Stated Mike England, President of Alix Resources
GOLD RESOURCE CORPORATION DECLARES APRIL MONTHLY DIVIDEND
Click to access GRC-2017-04-26-1.pdf
COLORADO SPRINGS – April 26, 2017 – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) declares its monthly instituted dividend of 1/6 of a cent per common share for April 2017 payable on May 23, 2017 to shareholders of record as of May 11, 2017. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $109 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends and take delivery in physical gold and silver.
Capstone Mining First Quarter 2017 Financial Results
Click to access 2017-Q1-Financial-Results-NR.PDF
Vancouver, British Columbia – Capstone Mining Corp. (“Capstone” or the “Company”) (TSX: CS) today announced its financial results for the quarter ended March 31, 2017. Cash flow from operating activities was $22.0 million or $0.06 per share. The net loss for the period was $7.4 million or $0.02 per share and the adjusted net loss was $2.0 million or $0.01 per share after adjusting for certain non-cash and non-recurring charges. Copper production for the quarter totalled 20,950 tonnes (20,230 tonnes of payable copper) at a C1 cash cost1 of $1.98 per payable pound produced with copper sales for the quarter of 21,582 tonnes at a C1 cash cost1 of $1.69 per payable pound sold. Capstone will hold a conference call and webcast on Wednesday, April 26, 2017 at 11:30 a.m. Eastern time (8:30 a.m. Pacific time) to discuss these results; call-in details and information on associated slides are provided at the end of this release. T
TIMMINS GOLD / ALIO GOLD MAKES MANAGEMENT CHANGES
Click to access nr_20170425.pdf
April 25, 2017 Vancouver, BC – Timmins Gold Corp. (TSX: TMM, NYSE MKT: TGD) (“Timmins Gold” or the “Company”) is proposing to change its name to Alio Gold Inc. at its upcoming Annual General Meeting of Shareholders. If approved, the Company expects to begin trading on both the TSX and the NYSE MKT under the ticker ALO on May 16, 2017. The Company is pleased to introduce a new management team that has been assembled to grow the Company into a mid-tier gold mining company by revitalizing its San Francisco Mine in Sonora, Mexico and building its high-grade, high-margin Ana Paula Project in Guerrero, Mexico. As part of the transition, Arturo Bonillas will be stepping down as President of the Company. He will continue as an advisor to the new team to ensure continuity of important permitting and community relations activities.
AVINO ANNOUNCES FURTHER RESULTS FROM ITS CURRENT EXPLORATION DRILL PROGRAMS (BETWEEN THE SAN LUIS WORKINGS AND ELENA TOLOSA WORKINGS, AND TO THE WEST OF SAN LUIS) AT THE AVINO MINE
Click to access 2017-04-25-nr-asm-61glo5.pdf
Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM: TSX.V, ASM; “Avino” or the “Company”) is pleased to announce the following results from a further ten holes of its originally planned 18-hole drill program (3,000 metres) at the main Avino Mine located on the Avino property, 80 Km northeast of Durango, Mexico. The results from the first eight holes of the drill program were released on December 21, 2016 and are available on our website at the following link: http://www.avino.com/s/news.asp?ReportID=774072. The objective of the foregoing drill program which commenced in September, 2016 was to explore the area of the Avino Vein System between the San Luis workings and the Elena Tolosa (“ET”) current production area. This new area is close to surface and accessible from the existing Avino Mine underground workings. The area was identified as a target of interest and may have been overlooked in the past given that on surface and at shallow depths, the Avino Vein system splits into hanging wall and foot wall structures. The 18-hole drill program was completed with Hole ET-17-11 in mid March, and in order to fully evaluate the tonnage and the grade of the new zone, Avino decided to extend the program with an expected additional 20 drill holes. The drill is currently completing Hole ET-17-17 (the sixth hole of the extended 20-hole program).
Hecla First Quarter 2017 Financial Results Conference Call and Webcast
COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (NYSE:HL) today announced it expects to release its first quarter 2017 financial results before market open on Monday, May 8, 2017.
A conference call and webcast will be held Monday, May 8, at 10:00 a.m. Eastern Time to discuss these results. You may join the conference call by dialing toll-free 1-855-760-8158 or for international by dialing 1-720-634-2922. The participant passcode is HECLA.
Hecla’s live and archived webcast can be accessed at www.hecla-mining.com under Investors or via Thomson StreetEvents Network. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.
Alix Intersects + 1,000 ppm Lithium in the 1st Drill Hole on its Agua Fria Lithium Project, Sonora Mexico
Vancouver, British Columbia (FSCwire) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce the results of the first reverse circulation (“RC”) hole which intersected two intervals of +1,000 parts per million (“ppm”) lithium (Li) on the Agua Fria target, of the Electra Project in Sonora, Mexico. Highlights to date include:
- The first vertical hole, AF-17-001, was drilled to a depth of 126 meters, intersecting two intervals of +1,000 ppm Li in clay-bearing volcanogenic sediments, including 33meters from 3 to 36 meters averaging 1058ppm Li, and 21meters from 54 to 75 meters averaging 1043ppm Li.
- Assays over 1,000 ppm are significant, and represent the cut-off grade used by SRK Consulting (UK) Limited on the neighboring La Ventana lithium deposit, owned jointly by Bacanora Minerals Limited (70%) and Rare Earth Minerals PLC (30%);
- Drilling on the Agua Fria project is progressing well with five completed holes totaling 625 meters. Assays have only been received for hole AF-17-001;
- The Agua Fria projects is being undertaken by a local drilling contractor using a tracked mounted RC rig. The project is staffed by a multinational crew from Canada, Australia and Mexico;
- The Agua Fria project is believed to be the first, comprehensive, fielding test of a portable Laser Induced Breakdown Spectroscopy (LIBS) using a SciAps Z300 instrument pre-calibrated for material type and lithium grade to provide “real time” assay verification.
- Li assays have been received from one drill hole (AF-17-001), and the initial correlation between obtained laboratory values to concentrations determined by the SciAps Z300 instrument is relatively good and very encouraging. Additional applications are being considered to expedite other targets;
- The Agua Fria project envisions a 3,000 meters reverse circulation drilling program investigating a 5 kilometer-long sedimentary unit hosting lithium-enriched clay layers.
AURA SILVER ANNOUNCES STOCK OPTION GRANT
Click to access 2017-04-24_NR.pdf
Aura Silver Resources Inc. (TSX-V: AUU) (“Aura Silver” or the “Company”) announces that it has granted stock options for a total of 5,300,000 common shares of the Company to officers, directors and consultants of the Company. These stock options are exercisable at CDN $0.07 per stock option and will expire on April 23, 2022. These stock options vest over an eighteen month period following the grant date and are governed by the terms and conditions of the Company’s stock option plan. Following this stock option grant, the Company has a total of 9,450,000 stock options outstanding representing approximately 7.4% of the outstanding common shares of the Company. This stock option grant is subject to acceptance by the TSX Venture Exchange.
México pierde ‘brillo’ en el top 10 de extracciòn de oro
http://www.elfinanciero.com.mx/empresas/mexico-pierde-brillo-en-el-top-10-de-extraccion-de-oro.html
Entre las 10 principales potencias extractivas del metal precioso, México fue el que más redujo la producción con una reducción en 2016 de 11.3 por ciento comparado con lo reportado un año antes.
Durante 2016 en México se extrajeron 120.5 toneladas de oro, 11.3 por ciento menos comparado con lo reportado un año antes, con lo que fue el país que más redujo la producción del metal entre las 10 principales potencias extractivas, según datos de la consultora GFMS ltd.