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17 09, 2018

Prize Mining Commences Diamond Drill Programs

By |2018-09-17T22:14:57+00:00September 17th, 2018|Coin Shop Blog|Comments Off on Prize Mining Commences Diamond Drill Programs

Prize Mining Corporation (TSXV:PRZ) has announced the formal commencement of the initial diamond drill program on its wholly owned Manto Negro copper project in Coahuila State, Mexico and phase II drilling on the Toughnut gold-silver properties in southeastern British Columbia. President and CEO of Prize Mining, Michael McPhie said: “This first phase of diamond drilling at Manto Negro will provide us with an opportunity to confirm the width and depth of these exceptionally high-grade copper and silver surface oxide deposits. At Toughnut, we are eager to follow up on previous work by Prize and others that has indicated the presence of [...]

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31 08, 2018

Endeavour Silver Updates PFS for Terronera Mine Project

By |2018-08-31T04:11:02+00:00August 31st, 2018|Coin Shop Blog|Comments Off on Endeavour Silver Updates PFS for Terronera Mine Project

Endeavour Silver (TSX:EDR,NYSE:EXK) has completed an updated prefeasibility study (PFS) for its Terronera mine project in Mexico, the company announced on Thursday (August 30). According to Endeavour, the updated PFS shows significantly higher revenues, free cash flow, mine life and net present value (NPV) with significantly lower cash costs and all-in sustaining costs per silver ounce. “Our efforts to optimize the Terronera mine project have resulted in significantly improved operating parameters and financial returns for this high grade, district scale exploration and mining project,” stated Bradford Cook, CEO. Will Silver Go Up This Year?     Find out why in [...]

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22 08, 2018

Santacruz Silver Reports Second Quarter 2018 Production Results

By |2018-08-22T22:21:46+00:00August 22nd, 2018|Coin Shop Blog|Comments Off on Santacruz Silver Reports Second Quarter 2018 Production Results

Santacruz Silver Mining (TSX.V:SCZ) reports on the operating results from the Veta Grande project in Zacatecas, Mexico and the Rosario project in San Luis Potosi, Mexico for the second quarter of 2018. As quoted in the press release: Carlos Silva, chief operating officer, stated: “Development work in the Zacatecas Mining District at the Garcia, Armados and Navidad mines is on track and expected to reach targeted areas during Q3 2018 at which time an increase in tonnage, grades and mill recoveries is expected. As for the Rosario project, development work at the Membrillo prospect is now at Level 3 in the targeted mineralized area and [...]

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21 08, 2018

Canuc Refiles Q1 2018 Interim Financial Statements; No Impact on Financial Figures

By |2018-08-21T22:19:18+00:00August 21st, 2018|Coin Shop Blog|Comments Off on Canuc Refiles Q1 2018 Interim Financial Statements; No Impact on Financial Figures

Canuc Resources Corporation (TSXV:CDA) (“Canuc” or the “Company”) announced today that it has refiled its unaudited interim financial statements for the period ended March 31, 2018 in order to change the comparative periods on the financial statements. This refiling has no impact on current or prior financial figures. This filing is being made at the request of the Ontario Securities Commission pursuant to a review by OSC staff. See below for details of the changes: The prior period comparative date on the Consolidated Interim Statement of Financial Position has been changed from March 31, 2017 to December 31, 2017. The prior [...]

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14 08, 2018

First Majestic Silver Reports US$40-million Loss in Q2

By |2018-08-14T04:17:02+00:00August 14th, 2018|Coin Shop Blog|Comments Off on First Majestic Silver Reports US$40-million Loss in Q2

First Majestic Silver's (TSX:FR,NYSE:AG) second-quarter results show a US$40-million loss compared to a profit this time last year. The news drove shares down by almost 15 percent. The Canadian miner reported a loss of 22 cents on a per-share basis. In terms of one-time gains and costs, losses were 7 cents per share and all-in sustaining costs (AISC) were US$16.43 per payable silver ounce, which is a 3-percent increase quarter-on-quarter. “Looking ahead to the second half of 2018, we expect higher operating margins along with a significant reduction in our consolidated AISC to between US$13.28 to US$14.84 per ounce,” stated [...]

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18 07, 2018

Avino Reveals Q2 2018 Production Results

By |2018-07-18T22:10:59+00:00July 18th, 2018|Coin Shop Blog|Comments Off on Avino Reveals Q2 2018 Production Results

Avino Silver & Gold Mines Ltd. (TSX:ASM, NYSE American:ASM) announced its second quarter, 2018 production results from its Avino property near Durango, Mexico. As quoted in the press release: Silver equivalent production in Q2, 2018 increased by 6 percent compared to Q2, 2017 due to extra production from the commissioning of Mill Circuit 4. Copper production in Q2, 2018 increased by 31 percent compared to Q2, 2017, and silver and gold production decreased by 16 percent and 11 percent, respectively; the latter are due to lower silver and gold feed grades from the Avino and San Gonzalo mines. Highlights are [...]

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16 07, 2018

Fortuna Reports Q2 Production Results

By |2018-07-16T22:16:13+00:00July 16th, 2018|Coin Shop Blog|Comments Off on Fortuna Reports Q2 Production Results

Fortuna Silver Mines (NYSE:FSM, TSX:FVI) reported its production results for Q2 2018 from its San Jose Mine in Mexico and the Caylloma Mine in Peru, the company's two operating mines in Latin America. As quoted in the press release: The Company produced 2.3 million ounces of silver and 14,557 ounces of gold plus base metal by-products. Silver and gold production for the first six months totalled 4.7 million ounces and 29,597 ounces respectively; being 13 percent and 20 percent above the company's mid-year projection. Fortuna is on schedule to produce 8.3 million ounces of silver and 48.3 thousand ounces of gold or [...]

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11 07, 2018

Avino Reports Drill Results from El Chirumbo and Guadalupe

By |2018-07-11T22:14:02+00:00July 11th, 2018|Coin Shop Blog|Comments Off on Avino Reports Drill Results from El Chirumbo and Guadalupe

Avino Silver & Gold Mines Ltd.(TSX:ASM) announced further drill results from its planned programs on the El Chirumbo area of the Avino vein system, as well as the Guadalupe area near the San Gonzalo mine. Both of these areas are located on the Avino property, situated 80 kilometres northeast of Durango, Mexico. The objective of this drill program, which commenced in August, 2017, was to explore targets outside of the current active mining areas in order to assess their potential. As quoted in the press release: Three drill holes from the historical El Chirumbo mining area, located at the east [...]

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