Starcore Reports Q1 2018 Results

https://www.starcore.com/news/news-releases/starcore-reports-q1-2018-results

Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) has filed the results for the first quarter ended July 31, 2017 for the Company and its mining operations in Queretaro, Mexico and toll processing operations in Matehuala, Mexico.

Financial Highlights for the three-month period ended July 31, 2017 (unaudited):

  • Cash and short-term investments on hand is $7.4 million at July 31, 2017;
  • Gold and silver sales of $8.1 million;
  • Loss of $0.3 million, or $(0.01) per share;
  • EBITDA(1) of $443;

AMERICAS SILVER CORPORATION PROVIDES AN UPDATE ON THE SAN RAFAEL PROJECT 

Click to access nr20170911.pdf

TORONTO–(BUSINESS WIRE)–Sep. 11, 2017– Americas Silver Corporation (TSX: USA) (NYSE “MKT”: USAS) (“Americas Silver” or the “Company”) is pleased to provide an update on its 100% owned San Rafael Development Project, part of the Cosalá Operations in Sinaloa, Mexico.

Based on the April 2016 San Rafael Technical Report (the” Report”), the Company targeted initial production to be sourced from the southern lobe of the Main Zone while development of the primary ramp continued toward the larger and more massive part of the deposit further to the north. Development towards this southern lobe began in January 2017 and ore is now being mined from two development headings in this area with two levels being prepared for production. Ore from three additional headings will be added to the existing surface stockpile within the next week.

The primary ramp which will provide long term access to the bulk of the deposit is progressing well. Approximately 480 meters of additional development is required before the main drive reaches the bottom level of the Main Zone. The schedule calls for this work to be completed over the next seven to nine months.

MX Gold Corp Is Very Pleased With Its Key Contractor On The Magistral Project

http://www.nasdaq.com/press-release/mx-gold-corp-is-very-pleased-with-its-key-contractor-on-the-magistral-project-20170905-00726

VANCOUVER, British Columbia, Sept. 05, 2017 (GLOBE NEWSWIRE) — MX Gold Corp.(TSX-V:MXL) (FSE:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”), in its joint venture partnership with GracePoint Mining Corp (OTC PINK:FRMA), is pleased to report on the commitment and exceptional work that is being done by Componentes Mineros SA DE CV.

Francis R Biscan, GracePoint Mining Corp Chairman & CEO states: “We believed that one of the most critical aspects of the Magistral project was the selection of the right contractor for the re-building and expansion of the processing plant. We have been doing business in Mexico for over 11 years, and I can confidently say that Componentes Mineros SA DE CV is one of the best companies that we have worked with, not only for the competent work they are doing, but also for their personal and professional commitment to the project.”

Telson Resources Inc. Commences Underground Mining at Campo Morado to stockpile mill throughput in advance of anticipated mill start

Click to access TSN_NR_164_Aug28_2017.pdf

Vancouver, British Columbia, August 28, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that it has commenced underground mining operations at its newly acquired Campo Morado Mine. Mining has commenced within areas of the El Largo Zone containing higher precious metal values along with significant base metals.
The Company plans to create a stockpile of mill feed of up to 80,000 tons to support the initial start-up of the sulfide floatation mill, planned to commence immediately after securing operating capital. The initial processing is planned to commence at approximately 1000 tons per day and will slowly be ramped up to the mill’s ultimate capacity of 2,500 tonnes per day.
During the past six weeks Campo Morado mine site personnel have fully serviced all mobile underground and surface mining equipment. Crews have been servicing, cleaning, repairing/rehabilitating electrical motors and moving parts and equipment where necessary to ready the mine site and mineral processing plant for commencement of commercial production planned immediately after securing operating capital.

Telson Resources Inc. Obtains Two Semarnat Permits, One for Tailing Facility Reactivation Plus Another for Construction of New and Expanded Tailing Facility at Tahuehueto

Click to access TSN_NR_163_Aug22_2017.pdf

Vancouver, British Columbia, August 22, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that it has received permits from Semarnat (Secretaria de Medio Ambiente y Recursos Naturales) (“Semarnat”) for the reactivation of the existing tailings disposal facility and for the construction of a new larger tailings facility for the Tahuehueto Project, located in northwestern
Durango State, Mexico.
The reactivation of the existing tailing facility will allow dry stack tailings disposal under the Company’s current operating plan for Tahuehueto. This tailings facility covers 3.78 hectares, has an authorized tailing capacity of 382,622 m3
and is now permitted for construction upgrade to reactivate and will handle the project’s initial tailing disposal requirements over the first 1 – 2 years of operation.

GOLDEN MINERALS PROVIDES BUSINESS UPDATE

Click to access Press-Release-Aug-9-2017-Golden%20Minerals%20Business%20Update.pdf

GOLDEN, CO, August 9, 2017 (GLOBE NEWSWIRE)  ‐‐  Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American and TSX: AUMN) is pleased to share a business update, including:
 New property acquired expanding the footprint of the Santa Maria project holdings
 2,000 meters drilling planned to test the strike extension of the Santa Maria vein system
 Manager of Operations hired for Mexico
 Results from Celaya project show, in three of seven holes recently drilled, intercepts of quartz vein material carry gold and silver grades that are within the range of economic interest
 New option agreement recently announced with Hecla to extend the lease of the oxide processing plant at the Company’s Velardena Properties

Telson Resources Inc. Initiates Processing of Tahuehueto Ore to Recover Lead and Zinc Concentrates at the Atocha Toll Mill

Click to access TSN_NR_159_Jul31_2017.pdf

Vancouver, British Columbia, July 31, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that processing of Tahuehueto ore for mineral recovery at the Atocha toll mill is underway. It is planned to process the ore at 300 tonnes or more per day. To date approximately 4,600 tonnes of ore has been delivered to the Atocha mill site and approximately 1,500 tonnes of this ore has been processed through the sulfide flotation mill circuit to recover metal concentrates. A further 900 tonnes have been mined and are stockpiled at the Tahuehueto mine site pending delivery to the Atocha mill. Mining is continuing underground from the Level 10 ore shoot estimated to contain at least 50,000 tonnes.
Telson intends to continue mining on a continuous basis to generate cash proceeds during the Tahuehueto mine construction phase.