gold production

Gold recovery expert Robert Garcia joins Mexus

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https://globenewswire.com/news-release/2017/10/16/1145909/0/en/Gold-recovery-expert-Robert-Garcia-joins-Mexus.html

CABORCA, Mexico, Oct. 16, 2017 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”)  announced that it has retained gold recovery expert Robert Garcia to assist with an increase in production at the Santa Elena mine. To date, the recovery of gold via the Merrill Crowe system has not been adequate due to issues with the chemical analysis and flows. Mr. Robert Garcia is President of Auric Metallurgical Resources in Arizona and has extensive experience with mines and metallurgy. Mr. Garcia is evaluating and customizing the Merrill Crowe gold extraction plant which will help achieve maximum recovery.

Mr. Garcia commented, “After a couple of field trips observing and evaluating your projects in Mexico, they do appear to have significant potential to become profitable mining operations with growth potential once you have finished constructing the appropriate physical extraction plants and established the proper extraction protocols for the ore.”

LEAGOLD REPORTS LOS FILOS Q3 GOLD PRODUCTION OF 47,766 OZ

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http://www.leagold.com/news/2017/leagold-reports-los-filos-q3-gold-production-of-47766-oz

  • Los Filos Mine produced 137,749 oz of gold during the nine months ended September 30, 2017, which includes 91,746 oz following Leagold’s acquisition of the mine on April 7, 2017
  • Los Filos Mine remains on track to produce between 185,000 and 200,000 oz for the full year of 2017, as previously guided
  • Installation of the agglomerator to improve gold recoveries and extension of the conveyor to improve ore delivery to the heap leach continued, with anticipated completion in Q4 2017 and commencement in Q1 2018
  • The Bermejal underground expansion project is proceeding, with the commencement of the exploration portal and ramp in September (see September 25, 2017 news release) and over 65% completion of the 56,000 metre infill and step-out drilling program (see July 13, 2017 and August 30, 2017 news releases)

Vancouver, October 11, 2017 – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) announces Q3 2017 gold production at the Los Filos Mine of 47,766 oz, which represents a steady increase over Q1 2017 and Q2 2017. AISC per ounce and additional operating details will be reported in the Q3 2017 financial results to be released in mid-November.

Table 1: Los Filos Gold Production and Sales to September 30, 2017 (ounces)

Gold Production Gold Sales
Q1 2017 43,885 42,471
April 1 – April 7, 2017 2,118 0
Leagold Ownership (April 8 to June 30, 2017)* 43,980 54,010
Q2 2017 46,098 54,010
Q3 2017 47,766 47,263
Nine month total 137,749 143,744

* Leagold acquired the Los Filos Mine on April 7, 2017

Goldcorp Reports Positive Progress on Project Pipeline

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http://www.goldcorp.com/English/Investor-Resources/News/News-Details/2017/Goldcorp-Reports-Positive-Progress-on-Project-Pipeline/default.aspx

VANCOUVER, Sept. 25, 2017 /CNW/ – GOLDCORP INC. (TSX: G, NYSE: GG) (“Goldcorp” or the “Company”) is pleased to provide an update of its extensive project pipeline that forms the basis of its five–year 20/20/20 plan that would see the Company increase gold production and gold reserves by 20%, while decreasing all-in sustaining costs per ounce by 20%.

“The significant progress we have made on our development and exploration projects has given us increased confidence in our 20/20/20 objectives and identified new opportunities for outperformance at Cerro Negro, Peñasquito and Coffee,” said David Garofalo, President and Chief Executive Officer.  “We are also pleased with the substantial progress of our longer-term projects Century, NuevaUnión and Cerro Casale/Caspiche that are poised to provide meaningful long-term gold production and value growth.

Mexus and JV partner MarMar confirm production at Santa Elena mine

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https://globenewswire.com/news-release/2017/09/11/1117274/0/en/Mexus-and-JV-partner-MarMar-confirm-production-at-Santa-Elena-mine.html

CABORCA, Mexico, Sept. 11, 2017 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”) along with its joint venture partner, MarMar Holdings, today announced that they have produced gold in dore form as a result of its ongoing operation at the Santa Elena mine.  Mexus CEO Paul Thompson added, “This is a monumental step for Mexus and MarMar as we have met our initial goal which was to get the Santa Elena mine into production.  The finances of gold sales will be released in our quarterly reports but we will keep our investors informed as key financial goals are met.  The ore we are currently placing on the heap leach pad is averaging 2 grams per ton with an expected recovery rate of 76%.  We know now that the high grade near surface material we are mining will result in a lower overall cost of production.”

Mr. Marco Martinez, CEO of MarMar Holdings Inc., commented that the recovery of gold will be ongoing now that the recovery system is in full working order.   In addition, he stated that the goal is to bring production to 10,000 tons a day by year end.

ALAMOS GOLD ANNOUNCES COMPLETION OF CONSTRUCTION AND FIRST GOLD PRODUCTION AT LA YAQUI PHASE I

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http://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2017/Alamos-Gold-Announces-Completion-of-Construction-and-First-Gold-Production-at-La-Yaqui-Phase-I/default.aspx

TORONTO, ONTARIO–(Marketwired – Sept. 7, 2017) – Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that construction of the first phase of the La Yaqui mine is substantially complete, on budget, and ahead of schedule. Gold production has commenced and is expected to reduce the cost profile from Mulatos district operations going forward.

The mine produced a total of 410 ounces of gold from the initial pour. Gold production rates are increasing with the stacking of the first lift of ore on the leach pad completed and placed under irrigation in August.

“The first phase of the La Yaqui Mine was brought into production in eight months, a significant achievement and indicative of how quickly we can develop these types of deposits. Alamos will apply this same approach as we look to grow and develop La Yaqui Grande and other targets within the Mulatos district,” said John A. McCluskey, President and Chief Executive Officer.

La Yaqui is a standalone heap leach operation located approximately seven kilometres (straight line) from the Mulatos Mine in Sonora, Mexico. The mine is expected to produce approximately 25,000 ounces of gold per year at substantially lower costs than the main Mulatos pit complex given its higher grades and recoveries.

Timmins Gold Announces 2016 Results; Produces 100,480 Ounces of Gold at All-In Sustaining Costs of $853 per Ounce

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/896-tsx/tmm/30147-timmins-gold-announces-2016-results-produces-100-480-ounces-of-gold-at-all-in-sustaining-costs-of-853-per-ounce.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 9, 2017) – Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) (“Timmins Gold” or the “Company”) reports its financial results for the fourth quarter (“Q4”) and year ended December 31, 2016 (“fiscal 2016”). Production results were previously released on January 11, 2017. All results are presented in United States dollars (“US Dollars”) unless otherwise stated. Readers should refer to the fiscal 2016 management discussion and analysis and audited consolidated financial statements available on the Company’s website or http://www.sedar.com for complete information.

Goldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/897-tsx/gga/29947-goldgroup-announces-increased-gold-production-in-2016-with-continued-expansion-in-2017.html

VANCOUVER, March 2, 2017 /CNW/ – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces increased gold production in 2016 with plans for continued expansion in 2017 for Cerro Prieto.

On April 1, 2016, the Cerro Prieto mine achieved its main commercial production criteria of over 1,200 oz gold production per month consistently over a two-month period. This was achieved by better utilization of crushing and pad capacity by management.  During the year ended December 31, 2016, Cerro Prieto produced approximately 15,608 ounces of gold.

Gold Resource Corporation Reports Sixth Consecutive Year of Profitability with 2016 Net Income of $4.4 Million, or $0.08 per Share; Provides 2017 Production Outlook

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Click to access article_02282017164632.pdf

COLORADO SPRINGS – February 28, 2017 – Gold Resource Corporation (NYSE MKT: GORO) (the “Company” or “GRC”) today announced a sixth consecutive year of profitability reporting $4.4 million in net income or $0.08 per share. The Company also confirmed its previously announced 2016 annual mill production of 27,628 gold ounces and 1,857,658 silver ounces for 53,023 precious metal gold equivalent ounces (at a realized 73.1:1 silver-to-gold ratio). The Company announced its 2017 precious metal Outlook targeting a plus or minus 5 percent production range consisting of 27,500 ounces gold and 1,850,000 ounces 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 $109 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 and take delivery.

Leagold Mining Files Preliminary Prospectus

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Click to access 2017-02-08_B_NR.pdf

Vancouver, February 8, 2017 – Leagold Mining Corporation (TSX-V: LMC.H) (“Leagold” or the “Company”) is pleased to announce that it has filed a preliminary prospectus dated February 7, 2017 with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec in connection with its proposed distribution of subscription receipts, which, subject to meeting certain conditions, will be converted at no additional consideration into common shares of the Company (the “Offering”). The underwriting syndicate for the Offering is led by BMO Capital Markets (“BMO”), the lead-left bookrunner, and includes UBS Securities Canada Inc. (“UBS”) as a joint bookrunner.