THOMPSON FALLS, MT / ACCESSWIRE / November 29, 2017 / United States Antimony Corporation (“USAC”) (NYSE American: UAMY) reported that SEMARNAT (the equivalent of the U.S. EPA) has issued USAMSA (a wholly owned subsidiary of USAC) the permit to construct a cyanide leach plant for the Puerto Blanco mill in Guanajuato, Mexico. The cyanide leach plant is designed to recover gold and silver from the flotation mill tailings of the Los Juarez gold-silver-antimony deposit in Queretaro, Mexico.
Month: November 2017
San Marco Provides Exploration & Drill Preparation Update on the 1068 & Chunibas Projects
smn_nr16-17_2017-11-x_expln_drill_update_-_1068_chunibas_final-1
Vancouver, B.C. – November 29th, 2017: San Marco Resources Inc. (SMN: TSX-V) (“San Marco” or “the Company”) announces that it is continuing surface exploration at its 100% owned 1068 and Chunibas Projects. As well, discussions and property site visits continue with numerous third parties regarding their potential acquisition of an interest in San Marco’s projects.
San Marco’s CEO, Bob Willis stated: “As we continue preparations to drill our 1068 copper, molybdenum and gold porphyry system, ongoing corporate strategic planning relating to new acquisitions and joint ventures could lead to significant opportunities for our shareholders. Our goal is, and has always been, to maximize stakeholder value through efficient use of our treasury for exploration and expanding our property portfolio.“
MAVERIX METALS ANNOUNCES RECORD REVENUE AND OPERATING CASH FLOW FOR THE THIRD QUARTER 2017
VANCOUVER, British Columbia, Nov. 27, 2017 (GLOBE NEWSWIRE) — Maverix Metals Inc. (the “Company” or “Maverix”) (TSX-V:MMX) is pleased to announce its financial results for the third quarter ended September 30, 2017.
All amounts are in Canadian dollars unless otherwise indicated.
Third Quarter 2017 Highlights
Financial and Operating
- Revenue of $4.6 million;
- Operating cash flow of $3.6 million, excluding changes in non-cash working capital(1);
- Net income of $0.7 million;
- Attributable gold equivalent ounces sold of 2,882(1) ounces; and
- Average cash cost per attributable gold equivalent ounce of $160(1) resulting in cash operating margins of $1,438(1) per ounce.
Almadex Reports First Holes From Raya Tembrillo (Villa Rica). Intersects Enriched Copper Zone and Hypogene Copper-Gold Porphyry. Cuts 83.90 m of 0.75% Copper and 0.13 g/t Gold and 115.00 m of 0-57 g/t Gold and 0.27% Copper
VANCOUVER, B.C. Almadex Minerals Limited (“Almadex” or the “Company”) (TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce it has received assay results from holes EC-17-037, 038 and 039, the first ever drilled at the Raya Tembrillo area which is the very northern part of the large Villa Rica Zone of the El Cobre property. This area is located approximately two kilometers south of the Norte Zone where previous drilling on the El Cobre property has been carried out. All holes reported today were drilled from the same pad but at various azimuth and dips.
Wolverine Advances Work On Los Venados Property
Wolverine Minerals Corp. (“Wolverine” or the “Company”) (TSX-V: WLV) is pleased to announce that it has commenced an exploration program on the Los Venados property in Sonora State, Mexico. The Los Venados property is immediately adjacent to the producing Mulatos (Alamos Gold Inc.) and La India gold mines (Agnico Eagle Mines Limited).
Santacruz Silver Reports Third Quarter 2017 Production and Financial Results
VANCOUVER, Nov. 28, 2017 /CNW/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports on the operating and financial results from the Rosario Project in San Luis Potosi, Mexico and the Veta Grande Project in Zacatecas, Mexico for the third quarter of 2017. The full version of the financial statements and accompanying management’s discussion and analysis can be viewed on the Company’s website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts are in thousands of US dollars unless otherwise indicated.
Q3 Highlights:
- Silver equivalent produced ounces of 231,162;
- Head grade of 201 Ag Eqv. g/t;
- In situ Veta Grande vein material developed at Level 6 of the Garcia Mine with higher head grades than the mineralized material from the Chorros.
SilverCrest Continues to Intercept High-Grade Mineralization at Las Chispas Property, Extensions to Las Chispas and Giovanni Veins
Vancouver, British Columbia–(Newsfile Corp. – November 28, 2017) – SilverCrest Metals Inc. (TSXV: SIL) (OTCQX: SVCMF) (“SilverCrest” or the “Company”) is pleased to release additional surface and underground drill results from its ongoing Phase II Exploration Program at the Las Chispas Property (the “Property”) located in Sonora, Mexico. The surface and underground drill program is designed to define readily accessible high-grade areas in the historic underground workings in the Las Chispas Vein and further define the Giovanni Vein. The Company is currently exploring nine of the 19 known epithermal veins on the Property with efforts focused on four of these veins to be incorporated into SilverCrest’s maiden resource estimate anticipated in Q1 2018.
Alix Announces Increase in Additional Financing
November 27, 2017, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or “the Company“) (AIX – TSX:V)(37N – Frankfurt) announces that further to the Company’s news release disseminated earlier today, November 27, 2017, that it is increasing the additional non-brokered private placement from up to 3,000,000 units at $0.15 per unit, to up to 5,000,000 units at $0.15 per unit for amended gross proceeds of up to $750,000.
All other terms of the additional financing remain the same. Completion of the private placement is subject to the Company receiving prior TSXV approval.
This new private placement financing will be in addition to the previously announced private placement of units (see the Company’s news release dated November 8, 2017).
The Company may, in its sole discretion, pay finders’ fees to agents of the Company.
The proceeds raised will be used for general corporate purposes and for advancing the Company’s 100% owned Jackpot lithium project, located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario.
About Alix
Alix is a junior mining exploration company focused on seeking and acquiring world class lithium projects globally. Alix continues to evaluate suitable prospects that fit its mandate.
ON BEHALF OF THE BOARD
“Michael England”
Michael England, President, CEO, Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Gold Resource Corporation Declares November Monthly Dividend
COLORADO SPRINGS – November 27, 2017 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) declares its monthly instituted dividend of 1/6 of a cent per common share for November 2017 payable on December 26, 2017 to shareholders of record as of December 11, 2017. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.
Primero Closes Sale of Cerro del Gallo
Primero Mining Corp. (“Primero” or the “Company”) (TSX: P) today announced that the Company has closed the previously disclosed sale of the Cerro del Gallo development project (the “Project”), via the sale of all of the issued and outstanding shares of San Anton Resource Corporation, the indirect owner of the Project to Argonaut Gold Inc. (TSX: AR) (“Argonaut”). Primero has received total consideration of $15 million. The proceeds net of closing costs will be used to permanently reduce the outstanding balance on the Company’s revolving credit facility (“RCF”).