Tailings

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.

Firma Holdings Acquires Processing Plant and Signs Joint Venture with Atlas II

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http://www.satprnews.com/2017/02/16/firma-holdings-acquires-processing-plant-and-signs-joint-venture-with-atlas-ii/

HENDERSON, NV–( – February 16, 2017) – Firma Holdings Corp. (OTC PINK: FRMA), through its subsidiary GracePoint Mining Corp, is pleased to announce the acquisition of the Aldama Plant, the Aldama Groupings, and the establishment of what will be called, the “Aldama Project”.

GracePoint has secured an exclusive tolling lease with the Aldama Merrill Crowe processing plant, including an option to purchase the company that controls the plant. The plant was completely refurbished in 2014, as a tolling facility, for the processing of local and regional ores and concentrates. The facility is in excellent condition, fully permitted, fully staffed, and immediately operational.

MX Gold Corp. Signs LOI to Acquire a 50% Interest in the Durango Smelter Project in Mexico

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/403-tsx-venture/mxl/29241-mx-gold-corp-signs-loi-to-acquire-a-50-interest-in-the-durango-smelter-project-in-mexico.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 13, 2017) – MX Gold Corp. (TSX VENTURE:MXL)(FRANKFURT:ODV)(OTCQX:MXLGF) (the “Company” or “MX Gold”) is pleased to announce the entry into a binding option agreement with American Metal Mining S.A. de C.V. (“AMM”) whereby, upon certain scheduled payments totaling US$1,525,000, the Company will acquire 50% of the shares of a private Mexican corporation that holds the IDS Project. The IDS Project consists of a past-producing gold smelter, three acres of land situate around the smelter, and various equipment and permits associated therewith. Upon advancement of the initial payment of US$650,000, the Company was granted a 49.5% net profit participating interest in the IDS Project that will remain until option exercise, provided that all payments are made by the Company in accordance with the option agreement.

Firma Acquires Remaining Interest In Fully Permitted IDS Smelter

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http://www.marketwired.com/press-release/firma-acquires-remaining-interest-in-fully-permitted-ids-smelter-otc-pink-frma-2195426.htm

HENDERSON, NV–(Marketwired – February 13, 2017) – Firma Holdings Corp. (OTC PINK: FRMA), through its subsidiary Gracepoint Mining Corp, is pleased to announce, regarding its Durango Smelter Project, which is joint ventured with MX Gold Corp. (TSX VENTURE: MXL) (FRANKFURT: ODV) (OTCQX: MXLGF), the company has now completed the purchase of a 100% interest in INVERSIONES DURANGO SAN LUIS, S.A. C.V., which is located in Durango, Durango, Mexico.

The acquisition includes a fully permitted smelter that was completed in 2014 for a throughput capacity of 50 tonnes per day (TPD). The smelter was built to receive and process high-grade direct ship ores and concentrates from small-scale miners across the state of Durango and beyond. The concept was birthed by the vision of Rosa Isela De La Rocha, a state Senator for Durango. Using a central location to safely and more efficiently process daily production, the community of local miners could enhance economics and quality of life. By eliminating the need for each miner to process, or otherwise dispose of, their individual ore production, the miners are able to spend more time producing and also receive a higher return from their production.

Candente Gold Announces the Appointment of Mr. Ian Ward as Independent Director

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http://www.candentegold.com/s/news.asp?ReportID=777716

Vancouver, British Columbia, February 6th, 2017. Candente Gold Corp. (TSXV:CDG) (“Candente Gold” or “the Company”) is pleased to report that Mr. Ian Ward has been appointed an independent director of the Company.

Mr. Ward is a professional engineer (Ontario) and metallurgist with extensive experience in the processing of gold and base metal ores and industrial minerals. He has executive/senior management experience, practical plant operating experience, extensive engineering experience and has for the past 19 years been intimately involved in a variety of feasibility studies, audits, operations support and project evaluations. After operational positions, Ian spent 16 years with Kilborn Ltd. (now SNC-Lavalin), then 12 years as President of Micon International followed by 5 years with Kinross Gold Corp mostly as VP and Chief Metallurgist.

Firma’s GracePoint Mining Corp. announces completion of payments and confirmation of the Joint Venture with MX Gold Corp.

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http://www.marketwired.com/press-release/firmas-gracepoint-mining-corp-announces-completion-payments-confirmation-joint-venture-2190336.htm

HENDERSON, NV –(Marketwired – January 23, 2017) – Firma Holdings Corp. (OTC PINK: FRMA), through its subsidiary GracePoint Mining Corp., announces that, further to its news release dated October 25, 2016, MX Gold Corp. (TSX VENTURE: MXL) (FRANKFURT: ODV) (OTCQX: MXLGF) has paid all remaining installments, totaling $2.5 million USD, and has earned a 50% participating ownership interest and 45% net profit participating interest in the Magistral, Del Oro tailings project located in Mexico (the “Project“).

The project includes a 500 TPD Dynamic Cyanide counter current system plant. Construction of the plant was completed in 2013, for approximately $4.5 million and is in excellent condition. It is unencumbered and it is estimated that it can be fully operational within 4 to 6 months. Additionally, the Project includes the exclusive rights to process the mineralized mill tailings.

Mr. Bert McPherson, President and COO of MX Gold, stated: “After conducting weeks of due diligence on site in Durango, Mexico, I am confident and excited with value the Magistral Project is going to bring to MX Gold. The company and its shareholders can look forward to us reporting on our progress from Durango in the weeks to come.”

MX Gold Corp. Completes Acquisition of Magistral Joint Venture

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http://www.stockhouse.com/news/press-releases/2017/01/23/mx-gold-corp-completes-acquisition-of-magistral-joint-venture

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 23, 2017) – MX Gold Corp. (TSX VENTURE:MXL)(FRANKFURT:ODV)(OTCQX:MXLGF) (the “Company” or “MX Gold“) is pleased to announce that, further to its news release dated December 7, 2016, it has paid all remaining installments and has earned a 50% participating ownership interest and 45% net profit participating interest in the Magistral, Del Oro tailings project located in Mexico (the “Project“).

The Project includes a fully permitted, 500 tonne-per-day dynamic cyanide countercurrent system plant constructed in 2013 at a cost of approximately $4.5 million, which appears to be in excellent condition. The plant is unencumbered and it is estimated that the plant can be fully operational within four to six months. Additionally, the Project includes the exclusive rights to process the mineralized mill tailings.

 

Fortuna reports 2016 production of 10.2 million silver equivalent ounces and issues guidance for 2017

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Click to access article_01112017074714.pdf

Vancouver, January 11, 2017– Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce 2016 production figures from its two underground operating silver mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 7.4 million ounces of silver and 46.6 thousand ounces of gold or 10.2 million Ag Eq* ounces. Jorge A. Ganoza, President and CEO, commented: “We leave behind a year of important achievements with the successful expansion of our San Jose Mine to 3,000 tpd and the acquisition of the Lindero gold Project in Salta, Argentina. Lindero adds 1.5 million ounces of gold reserves to our existing inventory and positions Fortuna for its next leg of growth.” Mr. Ganoza continued, “In 2017, our expansion plans are going to be underpinned by our solid low-cost production base providing financial flexibility to execute engineering and development plans for Lindero and continue exploring for new compelling precious metal opportunities in the Americas and abroad.”

Great Panther Silver Reports Fourth Quarter And Annual 2016 Production Results And Provides 2017 Outlook

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http://www.greatpanther.com/English/News/News-Details/2017/Great-Panther-Silver-Reports-Fourth-Quarter-and-Annual-2016-Production-Results-and-Provides-2017-Outlook/default.aspx

VANCOUVER, Jan. 11, 2017 /CNW/ – GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) (“Great Panther”; the “Company”) announces its fourth quarter (“Q4”) and annual 2016 production results from its two wholly-owned Mexican silver mining operations: the Guanajuato Mine Complex (“GMC”), which includes the San Ignacio Mine, and the Topia Mine in Durango.

2016 Production Highlights (Compared to Full Year 2015)

  • Consolidated metal production decreased 7% to 3,884,960 silver equivalent ounces (“Ag eq oz”)
  • Silver production decreased 14% to 2,047,260 silver ounces (“Ag oz”)
  • Gold production increased 2% to 22,238 gold ounces (“Au oz”), an annual record
  • Ore processed was steady at 376,739 tonnes

 

GoGold Production Increases 122% over Previous Quarter

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/644-tsx/ggd/27986-gogold-production-increases-122-over-previous-quarter.html

HALIFAX, Jan. 5, 2017 /CNW/ – GoGold Resources Inc. (TSX: GGD) (“GoGold”, “the Company”) announces production for the quarter ended December 31, 2016 of 406,897 silver equivalent ounces. This represents an increase of 122% over the previous quarter.

The production increase was driven by a full quarter of production from the Santa Gertrudis high grade zone recently discovered and improvements at Parral. The Santa Gertrudis high grade material represented approximately 50% of the quarterly production. The Company continues processing the high grade material during the construction of the vat leach plant.

Production at Parral continued to improve each month during the quarter and this improvement is expected to continue into the quarter ended March 31, 2017.