Starcore Reports Q3 Results

starcore reports Q3 results

Vancouver, B.C. – Starcore International Mines Ltd. (TSX :SAM) (the “Company” or ”Starcore”) has filed the results for the third quarter ended January 31, 2019 for the Company and its mining operations in Queretaro, Mexico. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at http://www.starcore.com, or SEDAR at http://www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.

Telson Mining Corporation Campo Morado Update

telson_campo morado update

Vancouver, British Columbia, Sept 24, 2018

Telson Mining Corporation (“Telson” or the “Company”) (TSX-V – TSN, OTC Pink – SOHFF, Frankfurt – TSGN (formerly SQ82)) is pleased to provide the following corporate update.

Several scheduled upgrades were recently made in the mill processing plant installations, including among others: i) changing of ball mill liners with newly designed liners that allow for the replacement of the past 5″ ball that were being used, with 3” balls, which increases the life of the liners; ii) conducting a review of the primary jaw crusher and initiation of adaptations for the installation of a secondary cone crusher, which will reduce the size of the ore feed to the mill from -7″ to -2″; and iii) revising the cyclones classification system to reduce the circulating load in grinding. These changes are all aimed at increasing the grinding capacity of the mill to facilitate reaching managements target of processing up to 3,000 tpd by the end of 2018.

AMERICAS SILVER CORPORATION PROVIDES SECOND QUARTER PRODUCTION AND COST UPDATE  

americas silver reports Q2 2018 result

TORONTO, ONTARIO—July 19, 2018—Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) today announced production and operating cost results for the second quarter of 2018 on a consolidated basis and individually for its Cosalá Operations and Galena Complex. All figures are in U.S. dollars unless otherwise indicated.

SilverCrest Announces High Metallurgical Test Recoveries For Las Chispas

http://silvercrestmetals.com/news/2017/index.php?content_id=330

VANCOUVER, BC – October 30, 2017 – SilverCrest Metals Inc. (“SilverCrest Metals” or the “Company”) is pleased to announce initial metallurgical test results for the Las Chispas Property (the “Property”) located in Sonora, Mexico. Results show that the Las Chispas high-grade silver-gold mineralization appears to be amenable to standard cyanidation processing with average recoveries of 98.9% gold and 86.6% silver. Since the Las Chispas deposit geochemistry is similar to the nearby operating Santa Elena Mine (“Santa Elena”), the metallurgical test program was designed using processing criteria similar to that operation which uses a CCD-Merrill Crowe processing facility. Based on these initial high recovery percentages at Las Chispas, further metallurgical test work is planned for 2018.

Purchase of SDA Mill Expected to Close in October

http://www.magellangoldcorp.com/2017/09/purchase-of-sda-mill-expected-to-close-in-october/

Magellan Gold Corporation (OTCQB: MAGE)  is pleased to announce that its purchase of the SDA Mill, Nayarit State, Mexico, from Rose Petroleum plc (AIM: ROSE)is on tract to close by the end of October 2017. The SDA Mill is a fully permitted and operational mineral processing plant and includes all associated assets, licenses and agreements. Major milestones towards closing were achieved on September 11, 2017, when Magellan and Rose announced the execution of a definitive purchase agreement, and on September 18, 2017, when Rose obtained its shareholder approval required for the sale. The final major item, restructuring of Mexican ownership of the SDA Mill, is in process and is expected to be concluded in October 2017.

 

“Acquisition of the SDA Mill will transform Magellan into a production company and will be an exciting development for our shareholders,” stated CEO Pierce Carson. “Our strategy following the acquisition will be to resume processing operations, build production and increase cash flow.”

Telson Secures US$5 Million Loan Facility and Offtake Agreement with Trafigura and is Now Fully Funded to Restart Operations at Campo Morado Mine

Click to access TSN_NR_165_Sep18_2017.pdf

Vancouver, British Columbia, Monday September 18th, 2017.
Highlights:
 Executed loan facility with Trafigura in the amount of US$5 million for working capital
 Full funding enables restart of mining and mineral processing at Campo Morado Mine
 Full US$5 million has been received into Telson´s bank account
 The Offtake Agreements are for 100% production of zinc and lead concentrates with a minimum
fixed tonnage, starting delivery in October 2017 and ongoing until December 2021
Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V)
is very pleased to announce it has entered into a Loan Facility and Offtake
Agreements (the “Agreements”) with Trafigura Mexico S.A. de C.V.
(“Trafigura”), a market leader in the global commodities industry, to sell
100% of the lead and zinc concentrate produced at the Campo Morado Mine
from the commencement of commercial production estimated during
October 2017 and until December 2021. Trafigura has provided Telson with
a credit facility of US$5 million thereby securing full working capital
requirements to initiate the restart of continuous mining operations at the
Campo Morado Mine.

ROSE PETROLEUM PLC INTERIM REPORT FOR THE SIX MONTHS TO 30 JUNE 2017

Click to access interim-results-for-the-six-months-ended-30-june-2017.pdf

The period under review has been a time of continued operational progress as the Board looks to position the Group to create value from the existing asset portfolio and to take advantage of other convincing market opportunities that will create value for shareholders, whilst conserving cash.
The recent period has been characterised by a notable operational achievement with the issue of the final permits for the 3D seismic shoot in the Paradox Basin, Utah. In addition, considerable progress has been made with the ongoing process of disposing of the Group’s SDA Mill in Mexico and it is currently anticipated that, subject to
funding, both the seismic shoot and the disposal of the SDA Mill will be completed by 31 December 2017. The Group also continues to explore potential opportunities in Cuba, focusing on both the oil and gas and building materials sectors.
The primary focus of the next period will be on the Paradox assets. The Board is committed to unlocking shareholder value from the Paradox acreage with a view to the commencement of a drilling programme in the second half of 2018, following the completion of the 3D seismic shoot. The Board continues to believe that the outlook for U.S.A. energy is extremely encouraging, and that a strategic focus on the Paradox acreage is the optimal way to deliver short-term value to shareholders.

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.