November 20, 2017 – Vancouver, British Columbia – Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin” or the “Company”) is pleased to provide a corporate update on its wholly owned La Trinidad gold mine in Sinaloa, Mexico (the “La Trinidad Mine”), its wholly owned Commonwealth silver and gold property in Cochise County, Arizona (the “Commonwealth Project”), and the proposed spin-out of Sailfish Royalty Corp. (“Sailfish”).
impact silver announces third quarter 2017 financial and production results
VANCOUVER, Nov. 20, 2017 /CNW/ – IMPACT Silver Corp. (“IMPACT”or the”Company”) announces its financial and production results for the third quarter of 2017.
Fred Davidson, Presidentand CEO, stated, “Earlier in the year, IMPACTwas named to the 2017 TSXVenture 50. Westarted 2017 with a clean balance sheet and no debt. Currently working capital remains strong at $7.4 million. Financial results improved slightly between Q3-2017 and the previous quarter. IMPACT continues to expand its in-mine exploration and development to provide additional tonnage through put at the
mill. We also have in place ongoing exploration plans for high potential targets and continue to evaluate strategic transactions to grow value for our shareholders.”
Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) advises that all warrants issued as part of a unit private placement on November 17, 2015 (the “November Warrants”) have been exercised resulting in proceeds to the Company of CAD$1,000,000.
“We appreciate the dedicated support of our shareholders”, commented Antonio Berlanga, Chief Executive Officer, Telson Resources Inc. “This is an exciting time for our Company as we expand our production efforts advancing both of our Mexican gold, silver and base metal projects thereby increasing the value for all of our shareholders”.
171120-Positive-Metallurgical-Results-for-Oposura
Flagship project delivers commercial grade concentrates with
excellent recoveries
HIGHLIGHTS:
• Concentrate grades exceeding 55% Zn in zinc concentrate and 55% Pb (with >300g/t Ag) in lead concentrate produced in preliminary testwork
• Lead recovery exceeded 80% and zinc recovery exceeded 70%
• No elevated levels of deleterious elements present in the concentrates
• Dense media separation (DMS) testwork demonstrated excellent potential by increasing run-of-mine grade by 174% prior to milling and flotation
• Optimisation and variability studies to be undertaken on drill core from Azure’s current drilling program
Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report that positive and very encouraging results have been returned from preliminary metallurgical testwork on sulphide mineralisation from the Oposura Project, located in the northern Mexican state of Sonora.
Commenting on the testwork program, Azure’s Managing Director, Mr Tony Rovira said, “Metallurgical factors are always critical when evaluating project viability, and the earlier that this is achieved, the better.
This high-level study was undertaken to ensure that the zinc, lead and silver mineralisation at Oposura could be extracted and concentrated into an easily saleable product. These very favourable results allow us to continue progressing development studies with confidence.”
The metallurgical testwork is being undertaken in parallel with an accelerated resource drill-out program for Oposura. Azure currently has three diamond rigs operating at Oposura with the aim of delivering a maiden mineral resource estimate in March-April 2018.
CALGARY, Nov. 20, 2017 /CNW/ – Soleil Capital Corp. (TSX.V: SOLE.P – the “Company” or “Soleil“), a capital pool company (a “CPC“), is pleased to announce that further to its press release of September 21, 2017, it has entered into an amalgamation agreement dated November 17, 2017 (the “Agreement“) with Goldplay Exploration Ltd. (“Goldplay“) in respect of an arm’s length business combination transaction (the “ProposedTransaction“). Goldplay is a private mineral exploration company incorporated under the laws of British Columbia and active in gold exploration in the Rosario Gold District, Sinaloa, Mexico (the “Rosario District“).
The purpose of the Proposed Transaction is the creation of a public, TSX Venture Exchange-listed, Mexico-focused, precious metals exploration company utilizing Goldplay’s mineral exploration strategy and experience related to the Rosario District. The working capital of the combined entity (the “Resulting Issuer“), upon successful closing of the Proposed Transaction will be approximately $1,507,504 (assuming completion of the minimum Concurrent Financing (as described below)) or $2,507,504(assuming completion of the maximum Concurrent Financing), sufficient to support Goldplay’s current 12 month exploration strategy, and the ongoing evaluation of new opportunities.
SOURCE Soleil Capital Corp.
TORONTO, ONTARIO–(Marketwired – Nov. 20, 2017) – Stroud Resources Ltd. (TSX VENTURE:SDR) (“Stroud” or the “Company”) has filed an updated, independent National Instrument 43-101 (“NI 43-101”) Technical Report (the “Report”) on its Santo Domingo Project (the “Property”) located in the western silver-gold belt of the Sierra Madre Mountains of Mexico. The Property is located 90 km from Guadalajara in Jalisco Province; about 150 km south-west of First Majestic’s San Silver Mine and 150 km south-east of Endeavour Silvers’ Terronera Development Project. The Report was prepared by Derek McBride, P. Eng. using the exploration results from 16 diamond drill holes completed in 2011-2012, primarily on the La Raya and Guadalupe zones. It shows a significant increase in the measured and indicated and inferred mineral resource estimates from numbers previously reported in a 2010 Technical Report (press release of January 27, 2010).
Highlights
The Report confirms measured and indicated, and inferred resources as set out in the table below:
| Classification | Tonnes | Gold g/t |
Silver g/t |
Silver Eq. g/t |
Ounces Gold |
Ounces Silver |
Ounces Ag Eq. |
| Measured | 3,148,834 | 0.51 | 107.40 | 144.21 | 51,370 | 10,136,145 | 13,952,515 |
| Indicated | 2,932,967 | 0.43 | 94.07 | 124.93 | 40,242 | 8,874,620 | 11,785,663 |
| Measured and Indicated | 6,081,801 | 0.47 | 100.97 | 134.91 | 91,612 | 19,010,765 | 25,738,178 |
| Inferred | 3,482,160 | 0.39 | 119.56 | 43,228 | 10,083,932 | 13,387,222 |
| Cut-off grade was 45 grams per tonne silver equivalent over a three metre true width and a gold-silver ratio of 72:1 Continuity of mineralization was established by drilling on 50 metre centres, and using a specific gravity of 2.65 |
AmericasSilverCorporation20171120
TORONTO, ONTARIO—November 20, 2017—Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce it has commenced production from the San Rafael Mine as the sole source of mill feed at the Company’s Cosalá Operations in Sinaloa, Mexico. Initially, the Company is targeting a throughput of 1500 tonnes per day. The mine is currently producing over 1000 tonnes per day as it continues its ramp-up. There is a stockpile in excess of 25,000 tonnes of San Rafael ore and a further 50,000 tonnes of Nuestra Señora ore at the mill, if required.
The San Rafael Mine is expected to drive significant earnings and cash flow at current metals prices for shareholders starting in Q1, 2018 and over the life of the mine. It is projected to provide a meaningful reduction in the consolidated cash costs and all-in sustaining costs. The Company expects that it will declare commercial production at the mine before the end of Q4, 2017.
Vancouver, BC (FSCwire) – Aztec Minerals Corp. (“Aztec”) (AZT: TSX-V) announces that the Company’s common shares have been approved to commence trading in the USA as of today’s date on the OTCQB under the symbol AZZTF.
Neil MacRae, Vice President of Investor Relations for Aztec Minerals commented, “This new OTCQB listing for Aztec Minerals gives us greater access to American investors, it should help boost our trading liquidity and expand our market awareness in the United States. We look forward to building our US shareholder base as the Company advances its exploration projects towards making new mineral discoveries. “
London (FSCwire) – The estate of the late Hon. Ian Colin Orr-Ewing (the “Estate”) has served Bacanora Minerals Ltd (“Bacanora” – AIM: BCN, TSXV: BCN) with legal proceedings that were issued in the English Commercial Court on 20th September 2017. The Estate currently owns 8.15% of the common shares outstanding in Bacanora and holds 3% Gross Overriding Royalties over Bacanora’s Sonora Lithium Project in Mexico (the “Royalty”) and Magdalena Borates Project in Mexico.
https://www.fscwire.com/newsrelease/bacanora-announces-corporate-updates
Calgary, Alberta (FSCwire) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX-V: BCN and AIM: BCN), the Canadian and London listed lithium exploration and development company, announces that it has filed a statement of claim with the Court of Queen’s Bench (Alberta) seeking to void ab initio, a 3% gross over-riding royalty held by the Estate of Colin Orr-Ewing over certain of the Company’s lithium assets in Sonora, Mexico (the “Royalty”). In addition, ahead of the completion of the Feasibility Study for the Sonora Lithium Project in Q4 2017 and Bacanora’s transition from an exploration to a development company, the Company announces amendments to the employment arrangements of certain members of the executive management team.