Avino Silver & Gold Mines Ltd. (ASM:TSX/NYSE American; FSE:GV6, “Avino” or “the Company”) today announced that it has priced an underwritten public offering of an aggregate of 6,239,867 common shares of the Company, together with warrants to purchase up to 6,239,867 common shares of the Company, at a public offering price of US$0.65 per share and associated warrant to purchase one common share. Each warrant will have an exercise price of US$0.80 and will expire five years from the date of issuance.
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to announce that two drill rigs have arrived at the Amalia property and drilling has commenced at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico. The drill program is operated by Radius and funded by Pan American Silver, under a joint venture agreement. Radius plans to drill test several high-grade gold and silver epithermal targets at Amalia in the coming months.
Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSXV: VIPR) is pleased to announce completion of drill camp construction and the initiation of drilling at the remote La Virginia gold-silver project, in eastern Sonora, 220 kilometres (“km”) east-northeast of Hermosillo, Sonora, Mexico. Minor delays associated with wet season rains and heavy vehicle access to the field camp were encountered during the construction phase.
Consolidated Zinc Limited (ASX: CZL; ’Consolidated Zinc’ or ‘the Company’) is pleased to advise that the firstshipment of ore left its high-grade Plomosaszinc-lead-silver project in Mexico on 20 September 2018. First revenues are expected in October-November.
Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce that additional encouraging assay results have been received from surface sampling program conducted on the outcropping veins within the recently optioned Copalito Silver-Gold Project (“Copalito Project” or “Property”) located in the State of Sinaloa, Mexico.
VANCOUVER, BC – September 19, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the updated mineral resource estimation for the Las Chispas Property, located in Sonora, Mexico. Inferred Mineral Resources are estimated at 4.3 million tonnes grading 3.68 grams per tonne (“gpt”) gold (or “Au”) and 347 gpt silver (or “Ag”), or 623 gpt silver equivalent (“AgEq”; based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold). The Inferred Resource Estimate contains 511,800 ounces gold and 48.3 million ounces silver, or 86.7 million ounces of AgEq, using a 150 gpt AgEq cut-off grade and minimum true vein width of approximately 1.5 metres. The combination of the Area 51 zone (Babicanora Vein) and adjacent Babicanora Norte Vein hosts a combined Inferred Resource of 1.6 million tonnes grading 6.97 gpt gold and 568 gpt silver, or 1,091 gpt AgEq containing 56.3 million ounces of AgEq. Of the 30 veins in the district, eight veins were used for the updated resource estimate: Babicanora (including Area 51 zone), Babicanora Norte, Granaditas, Las Chispas, Giovanni (including La Blanquita), William Tell, and Luigi. For comparative purposes, please refer to the technical maiden resource report titled “Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico”and effective February 12, 2018, as amended May 9, 2018 (“Maiden Resource Report”).
VANCOUVER, British Columbia, Sept. 19, 2018 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) reports that infill drilling within the Terronera vein system on the Terronera property in Jalisco State, Mexico (view Terronera map here) has intersected high grade silver-gold mineralization in an additional 17 drill holes.
Southern Silver Exploration Corp. (TSX.V: SSV) (“Southern Silver”) reported today that additional metallurgical test work on the Skarn Front deposit from the Cerro Las Minitas Project has resulted in both the successful separation of a potential “saleable grade” copper concentrate as well as the generation of a cleaner zinc concentrate grading above 50% zinc without sacrificing zinc, lead or silver recoveries.
Toronto, Ontario – September 18, 2018 – Excellon Resources Inc. (TSX:EXN and EXN.WT.A; OTC:EXLLF) (“Excellon” or the “Company”) announces drill results from its ongoing underground exploration program at the Platosa Mine in Durango, Mexico, along with an update on Q3 2018 production.
COLORADO SPRINGS – September 18, 2018 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced drill highlights from its 2018 Alta Gracia drill program located at its Oaxaca Mining Unit, Mexico. Drill highlights include 10.30 meters grading 0.85 grams per tonne (g/t) gold and 1,052 g/t silver, and 9.59 meters grading 0.36 g/t gold and 430 g/t silver. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver
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