VANCOUVER, British Columbia, Nov. 12, 2019 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) reports positive initial drill results for the El Curso Property adjacent to Endeavour’s Guanacevi mine in Durango, Mexico. The El Curso property, leased in July 2019, covers the prolific Santa Cruz vein between Endeavour’s previously mined Porvenir Cuatro orebody and the newly developed Milache orebody. The initial drill results reported today define a Northwest extension of the high grade Porvenir Cuatro (“P4”) orebody, which remains open along strike and to depth (view longitudinal section here).
DIEPPE, NB, Nov. 6, 2019 /CNW/ – (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce that the TSX Venture Exchange has accepted for filing its acquisition of Yaque Minerales S.A de C.V. (“Yaque”). The agreement was first announced on October 30 th, 2018. Yaque is a private gold exploration company owned by a non-arms length company called OnTop Capital. The $1 million CAD purchase is being made by way of a five-year convertible debenture bearing 2.5% annual interest and carries a $0.20 per share conversion privilege.
HALIFAX, NOVA SCOTIA – November 6, 2019 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Corporation”) reports it has received assay results of channel samples collected in September, 2019 from legacy underground exploration tunnels and from surface samples on the Caleigh, Canon Combination (unmined portion of the El Tigre vein), Protectora and Aguila veins located north of the old El Tigre Mine in Sonora, Mexico (see Figure 1 sample Location Map).
HALIFAX, Nov. 6, 2019 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to release the assay results from 4 new diamond drill holes including three more step out holes testing the El Troce area, and one from the Main area. Holes LRGG-19-058, 059, and 060 were completed at the El Troce area located 500 metres northwest of the Los Ricos Main mine area.
Vancouver, November 5, 2019 – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports Q3 2019 financial and operating results, with consolidated gold production for the three months ended September 30, 2019 of 84,229 ounces (oz), resulting in an all-in sustaining cost (AISC) margin of $32.1 million (M). Q3 2019 gold sales of 85,451 oz generated revenue of $121.7M, earnings from mine operations of $22.4M, and EBITDA of $35.6M.
Vancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) announces high grade copper and silver results from 103 infill and step-out drill holes at its Cozamin Mine, as well as an expansion to the exploration program into 2020. The results represent half of the 200 hole program, which aims to more than double the current reserve base. Results to date support the Company’s recently disclosed increase to Cozamin’s annual production guidance to 50 to 55 million pounds of copper and 1.4 to 1.5 million ounces of silver starting in early 2021. Mineral Resources and Mineral Reserves estimates will be updated in late 2020.
Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to announce mobilization of an exploration crew to La Virginia. The Company plans to commence diamond drilling over key target areas at the La Virginia Gold-Silver Project, located in the Sierra Madre of eastern Sonora state, Mexico. The upcoming program is designed to build on the success of the Company’s previous phase of work and will include drilling at the El Rubi Discovery, a previously undrilled gold-silver bearing target tested for the first time ever by Silver Viper in 2018.
TORONTO, ONTARIO – November 1, 2019 – Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, provides a construction update on the Relief Canyon gold mine in Nevada. The Company also reports Q3, 2019 production and operating cost results on a consolidated and individual basis for its Cosalá Operations in Mexico and Galena Complex in Idaho. All figures are in U.S. dollars.
Mexican Gold Corp. (the “Company” or “Mexican Gold”) (TSXV: MEX) is pleased to provide an update on its current drill program at the Las Minas project in Veracruz, Mexico.
• 655 metres have been drilled over 5 holes to date
• The first 3 holes of the program tested for mineralization at the El Dorado zone
• LM-19-CS-13, the 4th hole, was drilled to 261 metres and tested a significant
electromagnetic anomaly which is coincident with a km-scale zone of argillic alteration
and strong pyrite enrichment with local indications of molybdenite, sphalerite, and
• LM-19-LM-03, currently at 124 metres, is the 5th hole of the program and is being drilled to test a 350-metre extension of the prominent electromagnetic anomaly north of hole LM-19-CS-13. The entire anomaly lies on strike with the core of the El Dorado zone resource.
TORONTO, Oct. 30, 2019 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) announces its results for the third quarter ended September 30, 2019 (“Q3”). Total production during Q3 was 35,042 gold ounces and 947,145 silver ounces, or 45,930 gold equivalent ounces(1)(“GEOs”) using the average gold:silver price ratio for Q3 of 87:1. Our four producing mines generated Earnings From Mining Operations of $9.4 million(2)(3) during the quarter. We continued to invest in exploration and development, spending $15.8 million on advanced projects during Q3, which contributed to our consolidated net loss of $11.5 million, or $0.03 per share.