Vancouver B.C. – January 18, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce the first trenching results from its 100%-owned Cuale high sulphidation epithermal gold project in Jalisco, Mexico. This preliminary exploration program was undertaken in December 2017 to define the extent of the La Gloria high sulphidation prospect and comprised three trenches over a distance of 300 metres within a core zone where previous rock chip sampling had defined gold mineralization.
ANCOUVER, BC – January 18, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to report that the non-brokered private placement of $749,988 announced January 3, 2018 with Christopher Ritchie has completed. The private placement, which closed on January 17, 2018, is comprised of 451,800 units at a price of Cdn$1.66 per unit for gross proceeds of Cdn$749,988. Each unit consists of one common share and one?half of one common share purchase warrant, with each whole warrant being exercisable for one common share of SilverCrest at a price of Cdn$2.29 per share for a term of two years. No finder’s fee was paid in connection with this placement.
TORONTO, Jan. 18, 2018 /PRNewswire/ – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) is pleased to report fourth quarter 2017 and full year 2017 production results, as well as 2018 production, cost, and capex guidance.
Results are from Sierra Metals’ three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, and the Bolivar copper and Cusi silver mines in Mexico.
VANCOUVER, British Columbia, Jan. 17, 2018 (GLOBE NEWSWIRE) — Orla Mining Ltd. (TSX-V:OLA) (the “Company” or “Orla”) announces that it has completed its previously-announced shares for debt settlement after being granted approval of the transaction by the TSX Venture Exchange. An aggregate of $206,783 in debt was extinguished through the issuance of an aggregate of 147,702 common shares of the Company at an issue price of $1.40 per common share. The issued common shares are subject to a four (4) month hold period ending on May 18, 2018.
Vancouver, BC: Galore Resources Inc. (TSX-V: GRI) (the “Company”) is pleased to announce that it has entered into a 5-year contract with Urbanizaciones Y Acabados, S.A. De CV “URBYASA” to mine gold at Galore’s 100% owned Los Gemelos claim (Duraznillo Ranch). Management anticipates revenue from the mine going a long way toward satisfying the Company’s current and future overhead requirements. We are optimistic about Galore’s future and even though some consider this approach unconventional, we consider this a promising business strategy that should move this Company to an autonomous position. With a boost in demand due to significant production decreases in recent years, we feel our timing bodes well for increased gold prices.
Vancouver, January 17, 2018—Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI)is pleased to announce 2017 production figures from its two underground operating silver mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 8.5 million ounces of silver and 56.4 thousand ounces of gold or 11.9 million AgEq1 ounces.
2017 Consolidated Production Highlights
- Silver and gold production were 4 % and 8 % respectively above 2017 guidance
- Silver production of 8,469,593 ounces; 15 % increase over 2016
- Gold production of 56,441 ounces; 21 % increase over 2016
- Zinc production of 44,347,035 pounds; 3 % increase over 2016
- Lead production of 29,877,890 pounds; 9 % decrease over 2016
Note: 1. Silver equivalent is calculated using silver to gold ratio of 60 to 1
PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to announce fourth quarter and full-year 2017 production results as well as consolidated production and cost guidance for 2018.
All dollar figures are in United States dollars unless otherwise indicated.
2017 Fourth Quarter Highlights:
- Gold production of 24,385 ounces
- Silver production of 77,082 ounces
2017 Full-Year Highlights:
- Gold production of 139,658 ounces
- Silver production of 357,901 ounces
- Commenced work on El Nino underground project and advanced the Phase 1 pit project
- New resource estimates released for the McCoy-Cove (Nevada) and Hasaga (Ontario) projects
2018 Production and Cost Guidance:
- Gold production of between 85,000 to 95,000 ounces
- Silver production of between 300,000 to 325,000 ounces
- Forecast cash operating costs of between $690 to $740 per ounce of gold(i)
- Forecast all-in sustaining costs (AISC) of between $800 and $850 per ounce of gold(i)
TORONTO, Jan. 16, 2018 /CNW/ – New Gold Inc. (“New Gold” or the “Company”) (TSX:NGD) (NYSE American:NGD) today announces its 2017 fourth quarter and full-year production results, provides 2018 guidance, and presents an update on the Company’s growth projects. The preliminary figures provided for 2017 fourth quarter and full-year production and sales are approximate and may differ from the final results in the 2017 annual audited consolidated financial statements and management’s discussion and analysis.
As the Company expects the sale of Peak Mines to close in the first quarter of 2018, Peak Mines has been classified as a discontinued operation. The below results are disclosed on a total basis and thus include Peak Mines for 2017 (unless otherwise noted).
LA JOLLA, Calif., Jan. 16, 2018 /PRNewswire/ — TONOGOLD RESOURCES INC. (OTC:TNGL) (the “Company” or “Tonogold“) is pleased to announce that it has entered into a binding agreement with a private Mexican company, which provides Tonogold an exclusive right (but not obligation) to acquire 100% interest in the Claudia, Promontorio and Montoros gold/silver properties located in Durango, Mexico (the “Projects“) for total consideration of $7.3 million in cash. All amounts stated are in U.S. dollars unless otherwise advised.
Toronto, Ontario – (January 16, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces gold equivalent ounce1 (“GEO” or “GEOs”) production of 34,987 during the fourth quarter ended December 31, 2017 (“Q4”) and 126,704 during the year ended December 31, 2017 (“YE”), including 2,932 pre-commercial production GEOs at San Agustin. During Q4, production was 19,653 GEOs at the El Castillo Complex (8,707 from El Castillo and 10,946 from San Agustin) located in the State of Durango, Mexico and 15,334 GEOs at the La Colorada Mine located near Hermosillo, Mexico. During 2017, the El Castillo Complex and La Colorada Mine GEO production totaled 73,418 (including 2,932 GEOs of pre-commercial production from San Agustin) and 53,286, respectively. Management expects YE consolidated cash costs2 to be slightly above the high end of the range of 2017 guidance of $725 to $775 per gold ounce sold. At YE, the Company had a cash balance of $14 million and $8 million drawn from its $30 million corporate revolver. All dollar amounts are expressed in United States dollars unless otherwise specified.