AVINO SILVER & GOLD MINES PROVIDES UPDATE ON ITS AVINO PROPERTY

Click to access 2017-05-08_NR-je93bf.pdf

Avino Silver & Gold Mines Ltd. (ASM: TSX.V, ASM: NYSE – MKT, GV6: FSE, “Avino” or “the Company”) announces the following updates from its Avino property in Durango, Mexico. Avino is pleased to announce that the plans which were discussed in January, 2017 are progressing very well. The updates below from its Avino and San Gonzalo Mines include the ongoing plant and mine expansion to increase throughput capacity at the processing plant by approximately 70%, as well as the advancement of the Oxide Tailings Resource project with the recently announced positive Preliminary Economic Assessment. Additionally, an optimization review of our internal operating plan was carried out which prompted discussions and studies on Tailings Storage Facility (“TSF”) alternatives. The foregoing resulted in a recommendation to use tailings as backfill, which led to a temporary halt in construction of the new TSF in order to gain a further understanding of this possible alternative.

AVINO ANNOUNCES Q1 2017 PRODUCTION RESULTS

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Avino Silver & Gold Mines Ltd. (NYSE-MKT:ASM: TSX.V, ASM; “Avino” or the “Company”) announces first quarter 2017 production results from its Avino property near Durango, Mexico. Consolidated Production Highlights for First Quarter 2017 (Compared to First Quarter 2016)  Silver equivalent decreased by 16% to 604,643 oz*  Gold production increased by 23% to 1,837 oz  Silver production decreased by 21% to 320,082 oz  Copper production decreased by 24% to 1,024,853 lbs For comparison purposes, the silver equivalent ratio has been calculated using metal prices of $17.42 oz Ag, $1,220 oz Au and $2.65 Lb Cu. Mill production figures have not been reconciled and are subject to adjustment with concentrate sales. Calculated figures may not add up due to rounding. “We have experienced lower production and development numbers this quarter compared to the first quarter of last year, with the exception of gold production, which has increased by 23%. While the results are lower mainly due to lower grade material, we are still looking to achieve another solid year. We anticipate that the grades will improve for the balance of the year as we enter a new high grade zone at San Gonzalo which is currently being developed, and should allow the yearly production levels to be consistent with the Company’s internal expectations. In 2017, our objectives are to continue working towards our growth strategy which includes the plant and mine expansion to increase throughput capacity at the processing plant by an estimated 70%. We also remain focused on the optimization of the mill and plant with full automation to improve efficiencies and potentially increase recovery rates.”

Starcore repays $4.5 million bonds

https://www.starcore.com/news/news-releases/starcore-repays-cad4-5-million-bonds

Vancouver, British Columbia – Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the “Company”) announces that it has repaid outstanding secured bonds in the aggregate principal amount of CDN$4.5 million (the “Bonds”) (see news releases of November 17, 2015 and November 11, 2016.). The Bonds were to mature on May 12, 2017. As provided for by the terms of the Bonds, Starcore elected an early repayment of the Bonds, with total payout of Cdn$4,678,520.55, which included interest in the amount of Cdn$178,520.55. After this Bond repayment, the Company has an approximate cash balance of Cdn$10.1 million dollars, or $0.2055 per share, due largely to the recent closing of the sale of the San Pedrito real estate asset (see news release of March 22, 2017).

AVINO ANNOUNCES UPDATED POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE ‘OXIDE TAILINGS’: BASE CASE PRE-TAX NPV (8%) OF US$40.5 MILLION AND A 48.4% IRR

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Avino Silver & Gold Mines Ltd. (ASM: TSX.V, ASM: NYSE – MKT, GV6: FSE, “Avino” or “the Company”) is pleased to announce that it has completed an updated Preliminary Economic Assessment (“PEA”) of retreating the Avino mine tailings in Durango, Mexico, which includes the results from the Company’s recent 2016 Resource Estimate (see news release dated September 26, 2016) for the Avino property which included the San Gonzalo Mine, the main Avino Mine system, and the property’s Oxide Tailings. Summaries of the current resources used for the PEA, a preliminary Life of Mine Plan (LOMP), operating costs, capital costs and project economics are presented in tables below. The PEA has been prepared in accordance with National Instrument 43-101, and a compliant Technical Report is being completed by Tetra Tech Canada Inc. (“Tetra Tech”), and the PEA will be filed on SEDAR and with the U.S. Securities and Exchange Commission within 45 days of this release. All currency values are presented in US$ unless otherwise specified.

Golden Minerals Announces Hecla Lease Extension and Santa Maria NI 43‐101 Filing Details

Click to access Press-Release-Mar-31-2017-AUMN%20Update%20033017.pdf

VANCOUVER, BC –(Marketwired – March 30, 2017) – Almaden Minerals Ltd. (“Almaden” or “the Company”) (TSX: AMM) (NYSE MKT: AAU) announces that its Form 20-F for the fiscal year ended December 31, 2016 has been filed with the U.S. Securities and Exchange Commission. The Form 20-F and the Company’s audited consolidated financial statements for the years ended December 31, 2016 and 2015 are available on the Company’s website at http://www.almadenminerals.com.

Shareholders of the Company may also request a hard copy of the Company’s audited financial statements and Form 20-F free of charge by contacting 604-689-7644 or by e-mail to info@almadenminerals.com.

 

Gold returning to the pregnant solution pond better than expected at Santa Elena mine

http://www.globenewswire.com/news-release/2017/03/20/941980/0/en/Gold-returning-to-the-pregnant-solution-pond-better-than-expected-at-Santa-Elena-mine.html

CARSON CITY, Nev., March 20, 2017 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”) announced that the initial assay results of the cyanide solution returning to the holding pond is better than expected.  On-site engineers have been collecting samples at the outflow pipe twice a day for lab testing.  The numbers equate to an average grade for all assays of 1 gram per ton entering the pond.

“This is exciting news for Mexus and our JV Partner.  The Initial amount of gold returning to the recovery pond is normally lower during the first weeks of cyanide being introduced to a pad.  These returns increase as the cyanide is able to work through the mineralized material.  I would expect our numbers to increase as pad 1 gets fully saturated which should take another week.  Overall, I’m thrilled with the progress being made at the Santa Elena mine.  We have gold in our recovery pond and will be processing gold shortly,” added Mexus CEO Paul Thompson.

Telson Resources Secures USD $2 Million Caterpillar Leasing Credit Line And Provides Corporate Update on Tahuehueto Development Activities

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1592-tsx-venture/tsn/30055-telson-resources-secures-usd-2-million-caterpillar-leasing-credit-line-and-provides-corporate-update-on-tahuehueto-development-activities.html

Vancouver, British Columbia / TheNewswire / March 6, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that it has secured a USD $2 million credit line for leasing underground and surface mining equipment for mine development at its 100% owned Tahuehueto Project (the “Project”) located in northern Durango State, Mexico.

This credit line has been secured with Caterpillar Credito SA De CV ER in the form of financial leasing that will require a down payment of 15% for new Cat surface equipment and 25% for new Cat underground equipment. The method of payment under the lease will consist of monthly payments of principal and interest with a term of 60 months for Cat surface equipment and 36 months for Cat underground equipment. These terms are valid up to November 30, 2017. Telson intends to use the leasing facility to acquire one 8 yd.? scoop tram, 40 tonne underground dump truck and 13.5 yd.? front end loader to support the mine development and future mining production. This equipment along with Telson’s recently purchased used scoop tram will easily support the production estimated under the Company’s recently released Pre-Feasibility’s Study as well as allow for expansion possibilities under the first year production expansion plans to increase production towards 1000 tonnes per day during the first year of production.

IMPACT Silver named to 2017 TSX Venture 50

http://www.stockhouse.com/news/press-releases/2017/02/27/impact-silver-named-to-2017-tsx-venture

VANCOUVER, Feb. 27, 2017 /CNW/ – IMPACT Silver Corp. (“IMPACT” or the “Company”) is pleased to announce that it has been named to the 2017 TSX Venture 50, a ranking of the top performers on the TSX Venture Exchange over the last year.

Each year, the ranking showcases TSX-V listed companies that have shown notable results in key measures of market performance. The companies included in the 2017 TSX Venture 50 were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.

 

CyPlus Idesa Sodium Cyanide Production Begins in Mexico

http://www.powderbulksolids.com/news/CyPlus-Idesa-Sodium-Cyanide-Production-Begins-in-Mexico-02-22-2017

The new CyPlus Idesa sodium cyanide production plant was officially opened with an inauguration ceremony in Coatzacoalcos (Veracruz, Mexico) in the presence of Dr. Klaus Engel, chairman of the executive board of Evonik Industries and Patricio Gutiérrez Fernandez, chairman of CyPlus Idesa.

CyPlus Idesa is a joint venture between German Evonik and Mexican Grupo IDESA.

The new sodium cyanide plant has a capacity of 40,000 metric tons and uses state-of-the-art hydrocyanic acid and cyanide technologies. Special attention was dedicated to the compliance of all environmental and safety regulations, ensuring that production of sodium cyanide complies with the provisions of the “International Cyanide Management Code” (ICMC).

Gold and silver mining operations use sodium cyanide to extract precious metals from the mineral. Mexico is the number one producer of silver in the world and ranks among the top 15 producers of gold worldwide.

“The new local production facility will make us an even better and more flexible supplier for our customers in the region. The facility represents another important step in the growth strategy of Evonik,” said Engel.

Consolidated Zinc commissions Scoping Study_Plomosas, Chihuahua, Mexico.

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CONSOLIDATED Zinc Limited (ASX:CZL; “Consolidated Zinc” or “the company”) is pleased to announce the commencement of a mine scoping study at its Plomosas zinc-lead-silver project in northern Mexico. The news comes after the Company’s decision to move towards a faster production schedule after a high-grade maiden JORC compliant Mineral Resource was announced in December last year. The study will assess mining and infrastructure options, including the possible re-establishment of past mine operations, and refurbishment and potential future expansion of an existing onsite pilot processing plant, targeting a throughput of 200 tonnes per day, or approximately 75,000 tonnes per annum.