VANCOUVER, British Columbia – (February 23, 2018) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) is pleased to announce that it has acquired, through its wholly-owned Mexican subsidiary, Minera Xochipala, S.A. de C.V. (“MX”), a 77.5% interest in each of the La China II and Amp. Santo Tomás Reduccion 1 mineral concessions from Santo Tomas Metals, S.A. de C.V. (“STM”), and a 77.5% interest in an application for the Papago 17 mineral concession from Ubaldo Trevizo Ledezma (“Trevizo”) of Choix, Sinaloa. In aggregate, the three properties (the “Properties”) comprise approximately 6,978 ha and abut and surround the Santo Tomas copper porphyry properties in Sinaloa, Mexico (the “Santo Tomas Concessions”). Please see the attached map for references.
GREAT PANTHER SILVER LIMITED (TSX: GPR) (NYSE American: GPL) (“Great Panther”; or the “Company”) today reported financial results for the Company’s year ended December 31, 2017. The full version of the Company’s consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be viewed on the Company’s website at www.greatpanther.com or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS, except as noted in the Non-GAAP Measures section of the MD&A. All dollar amounts are expressed in US dollars (“USD”), unless otherwise noted.
Southern Silver Exploration Corp. (TSX.V:SSV) (“Southern”) reported today that it has filed a technical report (“Report”) prepared in accordance with Canadian Securities Administrators’ National Instrument 43-101. The Report may be found under the Company’s profile at www.sedar.com and on Southern’s website www.southernsilverexploration.com
The Report, dated February 22, 2018, entitled “NI 43-101 Technical Report, Mineral Resource Estimate for Cerro Las Minitas Project, Durango State, Mexico ” was prepared by Garth D. Kirkham, P.Geo., following the guidelines of NI 43-101 and NI 43-101F1.
The resource estimate provides updated grade and tonnage estimates for four mineral deposits on the property at the Blind, El Sol, Las Victorias and Skarn Front zones which have been the focus of much of Southern’s exploration activities on the property since 2011.
Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) is pleased to announce new assay results from Almaden’s ongoing exploration and development program at the Company’s Tuligtic project, Mexico. Today’s results are from holes TU-17-532 (infill), and GMET-17-13 and 14 (metallurgical holes) all drilled into the northeast striking Chemalaco Zone on the east side of the Ixtaca deposit and the Pre-Feasibility Study (“PFS”) pit. Holes TU-17-532 and GMET-17-14 were drilled beneath the PFS pit. These latest results confirm a high-grade zone of mineralisation immediately outside and beneath the PFS pit and the potential for expansion of the PFS mine plan. Highlights include the following intercepts:
Hole TU-17-532 SECTION 50025 NORTH Az. 070, Dip -80 (BENEATH PFS PIT) 101.45 meters @ 1.94 g/t Au and 12.7 g/t Ag Including 46.20 meters @ 3.87 g/t Au and 15.1 g/t Ag And 28.95 meters @ 5.61 g/t Au and 19.7 g/t Ag And 13.10 meters @ 9.35 g/t Au and 25.5 g/t Ag
Hole GMET-17-13 SECTION 49950 NORTH Az. 070, Dip -35 (WITHIN PFS PIT) 53.90 meters @ 0.48 g/t Au and 37.8 g/t Ag Including 7.00 meters @ 1.11 g/t Au and 95.3 g/t Ag
Hole GMET-17-14 SECTION 49950 NORTH Az. 070, Dip -60 (WITHIN AND BENEATH PFS PIT) 24.00 meters @ 1.90 g/t Au and 16.3 g/t Ag Including 12.00m @ 3.66 g/t Au and 26.6 g/t Ag And 5.00 m @ 7.91 g/t Au and 33.8 g/t Ag 57.55 meters @ 1.29 g/t Au and 23.5 g/t Ag Including 3.00 meters @ 16.87 g/t Au and 37.7 g/t Ag
Toronto, Ontario – (February 22, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2017. The Company reports quarterly and full year net income of $5.2 million and $23.9 million, respectively, or earnings per share of $0.03 and $0.14, respectively, derived from the sale of 31,025 and 123,554 gold equivalent ounces1 (“GEO” or “GEOs”), respectively, which generated cash flow from operations before working capital changes of $11.7 million and $45.9 million, respectively. During 2017, the Company produced 126,704 GEOs, including pre-commercial production from the San Agustin mine of 2,932 GEOs. All dollar amounts are expressed in United States dollars unless otherwise specified (C$ represents Canadian dollars).
February 22, 2018, Vancouver, British Columbia – Maverix Metals Inc. (the “Company” or “Maverix“) (TSX-V: MMX) is pleased to provide guidance for 2018. The Company is expecting meaningful increases in both revenue and attributable gold equivalent production in 2018, its second full year of operation.
ORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter and year ended December 31, 2017 and reviewed its operating, exploration and development activities.
“We executed on a number of operational and strategic objectives in 2017, all of which continue to strengthen our outlook. We met guidance with a 10% increase in production to a new record of 429,400 ounces while delivering an 8% decrease in all-in sustaining costs. This drove strong free cash flow growth from our operations and our best financial performance in years,” said John A. McCluskey, President and Chief Executive Officer.
TORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) reported today the Company’s financial results for the year ended December 31, 2017.
Fred Stanford, President & CEO of Torex stated: “We are happy to have 2017 behind us, with its ramp-up challenges and illegal blockade, now in the rear-view mirror. I would like to acknowledge the team for their excellent contribution in solving the inevitable ramp-up challenges and for their disciplined execution of the strategy to resume operations under blockade conditions. 2018 will be the year that the team completes the last 10% of the ramp-up and showcases the potential of the ELG asset. It will be a year rich in catalysts with the re-start, completion of the SART plant, completion of the ramp-up of the processing plant and the Sub-Sill, continued exploration results from Sub-Sill, and an updated PEA for Media Luna. It will be a busy and productive year, and we all look forward to getting on with it.” He added – “A special thanks to the great many that have supported the team in a myriad of ways as we worked to by-pass the illegal blockade. That support has enabled the potential that 2018 provides for Torex shareholders, employees, and communities.”
Vancouver, February22, 2018—Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI)is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2017 for the Caylloma Mine located in Peru, the San Jose Mine located in Mexico and the Lindero Project in Argentina.
Toronto, Ontario – February 22, 2018 – Excellon Resources Inc. (TSX:EXN, EXN.WT, EXN.WT.A; OTC:EXLLF) (“Excellon” or the “Company”) is pleased to announce results from its ongoing underground exploration program at the Platosa Mine in Durango, Mexico.
- Further definition and expansion of the high-grade 623 manto, with diamond drilling results including:
- 1,192 g/t Ag, 13.2% Pb and 18.3% Zn or 2,648 g/t silver equivalent (“AgEq”) over 9.1 metres in EX17UG371, including 1,473 g/t Ag, 14.8% Pb and 25.6% Zn or 3,355 AgEq over 6.2 metres
- 1,397 g/t Ag, 7.4% Pb and 23.2% Zn or 2,858 g/t AgEq over 7.3 metres in EX18UG375
- 1,528 g/t Ag, 13.5% Pb and 16.9% Zn or 2,926 g/t AgEq over 3.1 metres in EX17UG369
- Mineralization discovered in area 674 near existing mine workings that may be accessed during 2018