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, British Columbia–(Newsfile Corp. – January 16, 2020) – SilverCrest Metals Inc. (TSX: SIL) (NYSE American: SILV) (“SilverCrest” or the “Company”) is pleased to summarize its 2019 highlights and present its outlook for 2020. SilverCrest begins 2020 with a strong balance sheet with C$124 million in the bank and no debt. The Company also starts the year with a substantial backlog of exploration drill results to report in Q1, 2020. The Company is working to complete the Feasibility Study for a mine construction decision, to continue with an aggressive exploration program and accelerate development work on the Las Chispas Project (“Las Chispas”) in Sonora, Mexico.
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.
Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE, “Avino” or “the Company”) announces its fourth quarter and full year 2019 production results from its Avino property near Durango, Mexico.
TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for the full year of 2019 was 134,316 gold ounces and 3,365,846 silver ounces, or 174,420 gold equivalent ounces(1)(“GEOs”), within our revised 2019 guidance range of 169,000 to 176,000 GEOs (see Table 1).
Toronto, Ontario and Vancouver, British Columbia — (January 13 th
, 2019) – Minera Alamos Inc. (“Minera” or the “Company”) (TSX VENTURE:MAI) is pleased to announce it has closed the private placement announced on December 6 th
, 2019 consisting of 30,000,000 common shares of the Company (the “Common Shares”) at a price of $0.20 per Common Share for aggregate gross proceeds of $6,000,000 (the “Offering”) with Osisko Gold Royalties Ltd. (“Osisko”). As a result of the Offering, Osisko has increased its shareholdings of the Company’s Common Shares from 12.3% to 18.7%.
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.
TORONTO, Ontario, January 14, 2020 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) expects to produce between 420,000 and 480,000 ounces of gold in 2020, with the mid-point of guidance relatively in line with the 454,810 ounces of gold produced in 2019. Total cash costs1 are expected to range between $640 and $670 per ounce of gold sold. All-in sustaining costs1 are anticipated to range between $900 and $960 per ounce of gold sold.
TORONTO, Ontario, January 13, 2020 – Torex Gold Resources Inc. (the “Company”) (TSX: TXG) announces an updated resource estimate for the Media Luna project, which includes an Indicated resource of 2.24 million gold equivalent ounces at a gold equivalent grade of 5.55 g/t and an Inferred resource of 4.56 million gold equivalent ounces at a gold equivalent grade of 4.23 g/t. Of the gold equivalent metal inventory (comprising the Indicated and Inferred resource categories), 58% of the contained metal value is attributable to gold, 34% to copper, and 8% to silver.
RENO, NV / ACCESSWIRE / January 13, 2020 / Magellan Gold Corporation (OTCQB:MAGE) (“Magellan” or the “Company”) today announced it has entered into a binding Letter of Intent to sell 100% of its Silver District project in La Paz County, Arizona, to NV Gold Corporation (TSXV: NVX, US: NVGLF) for cash, NVX shares, and a minimum work commitment over a five-year period.