Vancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) announces additional high grade copper and silver results from 21 infill and 6 step out drill holes at its Cozamin Mine, further to the update of December 2, 2019. This brings the total drilled to date to 150 holes of a 200 hole program, aiming to double the current reserve base. Drill results to date continue to demonstrate greater widths and grades than current Mineral Reserves, as well as the potential for an expanded high grade resource. Mineral Resource and Mineral Reserve estimates will be updated in late 2020. Cozamin is expected to achieve a 50% increase to annual copper and silver production of 50 to 55 million pounds and 1.5 million ounces, respectively, by 2021.
Vancouver, January 16, 2020– Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce fourth quarter and full year 2019 production figures from its two underground operating mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru. For the full year 2019, the Company produced 8.8 million ounces of silver and 50.5 thousand ounces of gold or 12.4 million silver equivalent1 ounces.
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to report that the phase three diamond drill program at its Amalia Gold-Silver Project in Chihuahua, Mexico has been completed. The high-grade mineralized shoot discovered at Amalia in December 2018 has been extended at depth and remains open to expansion. Defining its extents and new high-grade shoots will be the goal of phase four drilling. Pan American Silver Corp., the project operator, has provided final assay results including intervals of 23 m at 4.61 g/t Au and 41 g/t Ag (AMDD19-016), 1.3 m at 12.5 g.t Au and 2320 g/t Ag and 13.7 m at 1.39 g/t Au and 22 g/t Ag. Radius is also pleased to announce that it has acquired an option to acquire the adjacent 800-hectare Palmillas Property which hosts high-grade epithermal silver-gold mineralization, outcropping 1.8 km north west along strike from the reported drilling at Amalia.
HALIFAX, Jan. 14, 2020 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)
(“GoGold”, “the Company”) is pleased to report record production for the quarter ending December 31, 2019 of 584,988 silver equivalent ounces, consisting of 379,082 silver ounces and 2,407 gold ounces, a slight increase from the previous quarter and record of 580,711.
VANCOUVER, BRITISH COLUMBIA, January 14th, 2020 – Andrew Bowering, CEO of Prime Mining Corp. (TSX.V:PRYM) (OTCQB: EPWMF) (Frankfurt:04V3) (“Prime” or the “Company”) announced today that the Company engaged Stantec Consulting Ltd. to prepare an estimate of the gold and silver resources for the Los Reyes Gold Silver Mine in Sinaloa, Mexico. The results of this estimate will be presented in a Technical Report prepared in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to announce initial results from the first three drillholes of Phase II drilling at La Virginia Gold-Silver Exploration Project, Sonora state, Mexico. The current campaign began in late November 2019 and expands upon the Company’s initial test of the El Rubi target, a new gold-silver zone, first drilled by Silver Viper in late 2018. The El Rubi mineralized structure has now been intercepted along four sections for a total 160m of strike extent. The northerly trending target is open to the north, south and to depth. In addition to the El Rubi structure, results to date indicate the presence of additional mineralized footwall structures, in some cases indicating the presence of broader, lower-grade zones, stacked beneath the El Rubi high-grade mineralization. The current campaign was designed to total 5,000m of diamond drilling in approximately 20 holes. Silver Viper intends to expand the program should positive results continue to be realized.
VANCOUVER, British Columbia, Jan. 10, 2020 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports production of 4.0 million silver ounces (oz) and 38,907 gold oz in 2019, for silver equivalent production of 7.1 million oz at an 80:1 silver:gold ratio. Silver production in the Fourth Quarter, 2019 was 939,511 oz and gold production was 9,578 oz, for silver equivalent production of 1.7 million oz.
Toronto and New York – January 7, 2020 – Magna Gold Corp (TSXV: MGR, OTCQB: MGLQF) (“Magna” or the “Corporation”), is pleased to report positive gold assays from San Judas. The terms of the acquisition of San Judas property are detailed in our September 30, 2019 press release.
Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce assay results from the last seven core drill holes competed from its 2019 drill program at its Columba high-grade silver project (the “Property”), located in Chihuahua State, Mexico.
January 8, 2020, Toronto, Ontario – Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from the first four diamond drill holes completed at its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. Discovery acquired Cordero through the acquisition of Levon Resources Ltd. (“Levon”) in August 2019. The results released here are part of a 30,000-35,000m Phase 1 drill program that Discovery plans to complete in 2020. The focus of Phase 1 is to: (1) delineate, expand and then re-domain areas of higher-grade mineralization within the existing Cordero resource; and (2) test new high priority targets outside the current resource, including targets on the large 35,000 hectare property package that surrounds Cordero.