Beacon Securities rates Telson Resources a “Buy”

V.TSN, Telson Resources, silver, mexico

Beacon Securities Limited — an independent investment dealer based in Toronto, Canada, generating and distributing research to a global audience, including, investment banks, institutional investors, as well as professional investors and relevant members of the global investment community — published its equity analyst research report dated October 24, 2017, entitled, “Telson Resources Inc. (TSN – TSXV / OTCBB: SOHFF) – Near-term Mexican Producer with Significant Upside” with a BUY rating. read more

Pretium ramps up

Canadian Mining

Excellent article from our friend Lesley Stokes over at The Northern Miner on Pretium (T.PVG) operations at its Brucejack Mine in Northern British Columbia. Pretium is now processing stope ore with grades running over 12 grams per ton. In the third quater overall, Pretium produced 82,203 oz. gold from 261,262 tonnes grading 10.52 grams gold per tonne. What is remarkable is that the all in sustaining cash cost of this production was US $446 per ounce. read more

Sierra Metals: Value in Brownfield Exploration

T.SMT, Sierra Metals, Peru, silver, Igor Gonzales

At the recent Beaver Creek Precious Metals Summit Igor Gonzales, CEO of Sierra Metals (T.SMT) had quite a story to tell. On the one hand, Sierra has three producing mines, two in Mexico and one in Peru. At each of these mines, Sierra is upgrading its operations and increasing the throughput. On the other, Sierra is engaged in significant “brownfield” exploration to extend the resources it already has. “Brownfield exploration,” said Gonzales, “is a cost-effective way to grow. At Beaver Creek, there was a very positive reaction to what we’ll be doing next.” read more