processing plant
Fortuna reports strong gold equivalent production of 112,543 ounces in the first quarter of 2024
SilverCrest Reports Fourth Quarter and 2023 Annual Financial Results
Golden Minerals Stops Mining Operations at its Velardeña Properties
TOREX GOLD REPORTS SUCCESSFUL BREAKTHROUGH OF GUAJES TUNNEL THREE MONTHS AHEAD OF SCHEDULE
IMPACT Silver Announces C$2.7 Million Non-Brokered Private Placement Financing
Luca Mining’s Q3 2023 Overview: Optimizing Campo Morado and Progress at Tahuehueto Mining Project
MINING AT LOS GEMELOS COMMENCES
Vancouver, BC: Galore Resources Inc. (TSX-V: GRI) (the “Company”) is pleased to announce that mining for gold at Los Gemelos has begun. All necessary permits have been received and approved. Galore entered into a 5-year contract with URBYASA to mine and extract available gold at Galore’s 100% owned Duraznillo Ranch, which includes the Los Gemelos and Duende 7 claims in the prolific Conception Del Oro district. URBYASA’s independent decision to proceed with mining was not based on a feasibility study of mineral reserves demonstrating the economic or technical feasibility of the project. URBYASA had reviewed the available data on the Los Gemelos site, which includes historic artisanal mines, and had taken independent sampling. URBYASA has been mining in Mexico for over 15 years including mining experience in the Conception Del Oro mining district.
LEAGOLD REPORTS Q1 2018 EARNINGS AND AISC MARGIN OF $14.5 MILLION
Vancouver, May 2, 2018 – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports Q1 2018 gold production of 51,003 ounces (oz) at its Los Filos mine at AISC of $1,039/oz and resulting in an AISC margin1 of $14.5 million. Los Filos is on track to deliver the 2018 production guidance range of 215,000 to 240,000 oz at an AISC of $875/oz to $925/oz, as the annual mine plan sequence schedules lower production and higher AISC/oz costs in H1 2018 and higher gold production with lower AISC/oz costs in H2 2018 (see Figure 1). The Q1 2018 AISC of $1,039/oz was under budget for the period. In H2 2018, the mine plan includes higher grades and lower strip ratio, and operations are also expected to benefit from improved leach pad management which includes the agglomerator and overland conveyor extension.
Starcore Announces 2nd Quarter Production Results
Click to access 2017-11-16_nr_sam.pdf
Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) announces production results for the second quarter of fiscal 2018, ended October 31, 2017, at its San Martin Mine (“San Martin”) in Queretaro, Mexico and the Altiplano Gold Silver Processing Facility (“Altiplano”) in Matehuala, Mexico.
During Q2 at San Martin, a total of 69,753 tonnes was milled at an average grade of 1.56 g/t gold and 13.6 g/t silver resulting in the production of 2,739 gold equivalent ounces. Mill recoveries averaged 80.9% for gold and 54.0% for silver. Equivalent gold ounce calculation is based on the average gold:silver ratio of 75.6:1 during the quarter.
During Q2 the Altiplano Facility received approximately 137.25 tonnes of concentrate and 311 kg of precipitates containing approximately 197 ounces of gold and 13,650 ounces of silver. During the quarter ended October 31, 2017, the Company sold 94 ounces of gold and 20,280 ounces of silver.