Equinox Gold Announces Spin-out of Copper Assets to Create Solaris Copper

equinox announces spin-out of copper assets to create solaris copper

June21,2018–Vancouver, BC–Equinox Gold Corp.(TSX-V:EQX, OTC:EQXGF) (“Equinox Gold”or the“Company”) today announces plans to transfer all of its copper assets into a newly incorporated company named Solaris Copper Inc. (“Solaris Copper”).Equinox Gold will continue to focus on advancing theAurizona Gold Mine and the Castle Mountain Gold Mine to production while Solaris Copper explores and develops the copper projects tounlock the value of the copper portfolio.

Solaris Copper will hold a 100% interest in the resource-bearing Warintza copper-molybdenum project in Ecuador, a 60% interest in the La Verde preliminary economic assessment stage copper-silver-gold project in Mexico, a 100% interest in the Ricardo early-stage copper property in Chile, has negotiated earn-in agreements for two early-stage copper prospects in Peru, and is continuing to evaluate additional properties that fit the portfolio. Collectively, the projects host 3.7 billion pounds of copper in the measured and indicated category with an additional 4.6 billion pounds of copper in the inferred category, with significant exploration potential at all of the projects.

Levon Resources Files Updated 2018 Resource and Preliminary Economic Assessment 43-101 Report, Cordero Project, Chihuahua, Mexico

Levon Resources Wed Apr 18, 2018

April 18, 2018 – VANCOUVER, BRITISH COLUMBIA: Levon Resources Ltd. (TSX:LVN) (“Levon” or “the Company”) is pleased to announce that it has filed a Canadian National Instrument (“NI“) 43-101 Technical Report dated effective March 1, 2018 on SEDAR at www.sedar.com. The Report is prepared by M3 Engineering & Technology (“M3“) in collaboration with Independent Mining Consultants (“IMC“) of Tucson, Arizona and provides the 2018 resource update (IMC) and a Preliminary Economic Assessment Update (“PEA Update“) (M3) for the Cordero Silver, Zinc, Lead, Gold Project in Chihuahua, Mexico; the results of which were announced in a March 5, 2018 news release.

Telson Mining Corporation Announces Positive Preliminary Economic Assessment for the Campo Morado Mine

TSN_NR_181_Apr4_2018-(1)

Vancouver, British Columbia, April 4, 2018
Telson Mining Corporation (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce the positive result of an independent Preliminary Economic Assessment study (“PEA”) prepared in accordance with National Instrument 43-101 (“NI 43-101”) on the 100% owned Campo Morado Mine (“Campo Morado” or
the “Project”) located in Guerrero State, Mexico.

MAG Silver Reports Third Quarter Financial Results

http://www.magsilver.com/s/NewsReleases.asp?ReportID=807435

Vancouver, B.C. MAG Silver Corp. (TSX and NYSE AMERICAN: MAG) (“MAG” or the “Company”) announces the Company’s unaudited financial results for the three and nine months ended September 30, 2017. For details of the September 30, 2017 unaudited condensed interim consolidated Financial Statements and Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov).

All amounts herein are reported in thousands of United States dollars (“US$”) unless otherwise specified.

2017 THIRD QUARTER HIGHLIGHTS

    • New expanded Juanicipio Resource Estimate and robust 2017 PEA(1) announced subsequent to the quarter end (see press release November 7, 2017) with Base Case(2) highlights (100% basis) as follows:
      • Process plant ramp up to a throughput rate of 1.4 million tonnes/year (4,000 tpd(1));
      • LOM(1) payable production of 183 million ounces of silver, and on a silver equivalent basis 352 million ounces(2)
      • Low LOM AISC(1) of $5.02/ounce of silver over an initial 19 years of mine-life;
      • Base case pre-tax IRR(1) 64.5%; after tax IRR 44.5%;
      • Base case pre-tax NPV(1)  at a 5% discount rate of $1.86 billion; after tax NPV of  $1.14 billion;
      • Initial capital costs on 100% basis as of January 1, 2018 of $360 M(1) (MAG’s 44% $158.4 M);
      • Accelerated early silver flow gives less than a 2-year payback from plant start-up.

 

    • Intensified underground development is in process to allow for the planned increase to 4,000 tpd in mining rate and processing capacity.

 

  • Permitting based on an upgraded mine design has commenced according to the operator, Fresnillo plc (“Fresnillo”).
  • Independent feasibility study by AMC expected to be completed by early 2018, as required for a production decision under the Minera Juanicipio Shareholders’ Agreement.
  • Formal Minera Juanicipio and respective joint venture partner board approvals expected upon completion of the feasibility study.
  • 20,000 metre exploration drill program commenced in July, 2017.
  • Company is well funded (cash and cash equivalents totaling $121,638 as at September 30, 2017).

New Juanicipio PEA and Resource Conference Call November 7, 2017 at 4:30 pm ET

http://www.magsilver.com/s/NewsReleases.asp?ReportID=806852

Vancouver, B.C. MAG Silver Corp. (TSX: MAG) (NYSE American: MAG) (“MAG”) announces that an investor conference call with President and CEO, George Paspalas and management, will be held November 7, 2017 at 4:30 pm Eastern time (1:30 pm Pacific time). Mr. Paspalas will present results of the new, MAG commissioned, independent National Instrument 43-101 Technical Report encompassing a new Mineral Resource Estimate and Preliminary Economic Assessment (see Press Release November 7, 2017) for development of the stand-alone Juanicipio Joint Venture Project. A question and answer period will follow the presentation.

To participate, please dial: Canada/USA toll-free (800) 319-4610 or International toll-free (604) 638-5340 and request join to the “MAG Silver Conference Call”. Participants please dial in five to 10 minutes prior to the scheduled start time.

GOLDEN MINERALS CUTS 5.0 METERS OF 431 g/t SILVER AT SANTA MARIA  

Click to access Press-Release-Oct-25-2017-Santa%20Maria%20Drilling%20Update.pdf

GOLDEN, CO, October 25, 2017 (GLOBE NEWSWIRE)  ‐‐ Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American and TSX: AUMN) has released results of high‐grade silver intercepts from the first six holes of a drilling program conducted at its Santa Maria property located in Santa Barbara, Chihuahua State, Mexico.
Warren Rehn, President and CEO of Golden Minerals, comments, “The results from Santa Maria show the continuation of the mineralized veins and provide initial support for our goal of doubling the size of the existing resource. Santa Maria appears to be an excellent opportunity for Golden to establish near‐term new silver production in the Parral area at a very low capital cost. We are executing our exploration programs efficiently while retaining a healthy cash balance and without the need for additional financing.”

Minera Alamos Enters Option Agreement to Acquire Guadalupe de Los Reyes Advanced Stage Gold-Silver Project in Mexico from Vista Gold

https://www.mineraalamos.com/news/?id=528

Minera Alamos Inc. (TSXV:MAI, OTCQB:VGMTF) (the “Company” or “Minera Alamos“) is pleased to announce it has entered into an option agreement dated October 23, 2017 (the “Agreement”) with Vista Gold Corp. (“Vista Gold”) to acquire all of the issued shares (the “Shares”) of Vista Gold’s subsidiary Minera Gold Stake S.A. de C.V. which owns the Guadalupe de Los Reyes Project (“Guadalupe” or the “Project”).  Guadalupe is a gold-silver project located in the Sierra Madre Range in Sinaloa, Mexico and approximately 3 hours from the Company’s base of operations in Culiacan.  It is one of the most significant historic gold producers in this region of Mexico and contains a near surface gold resource consisting of 380,100 Indicated ounces (6.8 MM tonnes @ 1.73 g/t Au) with an additional 155,200 Inferred ounces (3.2 MM tonnes @ 1.49 g/t Au)*, in addition to significant exploration potential from previously identified mineralized structures that remain undrilled.  Minera Alamos’ immediate goal is to utilize its extensive in-house technical expertise to evaluate the potential for the project to be developed as a low capital heap leaching operation.

Key Highlights

  • Acquisition of second high quality advanced stage gold development project: Acquisition leverages Company’s new strategic alliance with Osisko Gold Royalties Ltd. and management’s extensive expertise with the development and operation of low capex heap leach projects in Mexico.
  • Project is ideal complement to Company’s flagship La Fortuna gold project: Addition of Guadalupe project almost triples the Company’s current base of gold resources and is ideally located to be advanced in tandem as the Company’s second potential production asset.
  • Acquisition cost of approximately US$ 15/oz (gold): Based on the Guadalupe resource totals as presently estimated.
  • Large prospective land package: Over 6000 hectares of contiguous land holdings surrounding the historic Guadalupe de los Reyes mine.  Large regional system of epithermal mineralized structures with at least eight zones of mineralization mapped and sampled at surface, only four of which have been partially drilled.

Torex Signs Ejido Long Term Land Lease Agreement For Media Luna

https://www.torexgold.com/news/torex-signs-ejido-long-term-land-lease-agreement-for-media-luna

TORONTO, Ontario, October 10, 2017 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) is pleased to announce that its wholly owned subsidiary, Minera Media Luna S.A. de C.V., (“MML”) has signed a long term, common land, lease agreement with the Puente Sur Balsas Ejido for the use of the land required for the exploration, construction, and mining of minerals at its Media Luna Gold Project in Southwest Mexico. The agreement can be revoked at the company’s discretion, with one year’s notice. The agreement satisfies the land access requirement that is a pre-condition to entering the regulatory process to obtain permits for the potential development and operation of a future Media Luna mine.

Fred Stanford, President & CEO of Torex stated: “The signing of this 25-year land lease agreement achieves another important milestone along the path to the development of the Media Luna project. I commend the Ejido members and our community relations team for conducting productive negotiations that quickly delivered a mutually beneficial outcome. Now we can all look forward to the next stages of project development, and the tremendous potential this project offers to create value.”