Author: JayCurrie

Arizona Mining’s Expanded Drill Program Hits More High-Grade Mineralization Outside PEA Resource Outline

JayCurrie
Arizona Mining, T.AZ, zinc, lead, silver
VANCOUVER, BC–(Marketwired – August 08, 2017) – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) announces the results of three exploration holes from the current nine rig drill program focused on expansion of the Taylor Sulfide Zone (“TS”) and Taylor Deeps Zone (“TDS”) located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. The drill holes highlighted in this release are successful step out exploration and infill drill holes indicating the potential for resource growth and increased grades from the Preliminary Economic Assessment (“PEA”) (see Press Release dated April 3, 2017).
  • 62 FEET ASSAYING 32.5% ZINC-LEAD AND 5.8 OPT SILVER
  • 35 FEET ASSAYING 24.0% ZINC-LEAD AND 21.0 OPT SILVER
  • 36.5 FEET ASSAYING 17.1% ZINC-LEAD AND 3.1 OPT SILVER
  • 17.5 FEET ASSAYING 14.5% ZINC-LEAD AND 2.2 OPT SILVER

“The drill results continue to significantly expand the Taylor Sulfide and Taylor Deeps Zones and show higher zinc-lead-silver grades. It is clear that the expanded drill program continues to not only add tons to the ultimate size of the deposit, but more importantly, they are higher grade tons that should benefit the economics of the project,” said Chief Operating Officer Don Taylor. read more

Cautivo and Sierra Announce Completion of Distribution, Issuance of Rights and Cautivo’s Listing on the Canadian Securities Exchange

JayCurrie
T.SMT, Sierra Metals

TORONTO, Aug. 8, 2017 /CNW/ – Cautivo Mining Inc. (CSE:CAI) (“Cautivo” or the “Corporation“) and Sierra Metals Inc. (TSX:SMT) (BVL:SMT) (NYSE American: SMTS) (“Sierra” and together with Cautivo, the “Parties“) are pleased to announce the completion today of the previously announced distribution (the “Distribution“) of Cautivo common shares (“Cautivo Shares“), issuance of rights (“Rights“) pursuant to Cautivo’s rights offering (the “Rights Offering“) and listing of the Cautivo Shares and the Rights on the Canadian Securities Exchange (the “CSE“). read more

4 Junior Mining Stocks Representing Good Relative Value

JayCurrie
canadian junior exploration

SmallCapPower | August 4, 2017: Only 11 junior mining companies trading on Canadian stock exchanges have generated positive operating cash flow over the past 12 months. Investing in these cash-flow generating assets is much safer than speculating on junior gold companies that have not yet moved into production. When analyzing these cash-flow positive companies, it is important not to pay too much for an ownership stake. Today we have identified four Canadian junior mining stocks trading below the industry median 8x price/LTM operating cash-flow multiple. read more at Small Cap Power

Four Exploration Juniors with High Leverage to Silver – David Erfle

JayCurrie
Canadian junior mining

The second leg of the precious metal miner bull appears to be just about ready to begin. The July trading action in the sector was typical for this time of year while the 12-month consolidation of the initial 179% impulse move in the GDX has traded sideways on historically low volume. Realized volatility in the global miner ETF has been in a downtrend since November, as market participants (who are not on vacation) have mostly ignored the miners while continuing to focus on the high-flying US equity market. read more

Northern Territories Assays Show New Mineralized Structures

JayCurrie
V.VIT, Victoria Gold, gold, Yukon, John McConnell

TerraX Minerals Inc. (TXR:TSX.V) released assay results from the Yellowknife City Gold project in Canada’s Northwest Territories on July 18. Surface sampling from the Angel and Duck Lake zones revealed some high-grade results, including 67.5 g/t gold and 4,910 g/t silver at Angel and 20.3 g/t gold at Duck Lake. read more

Sierra Metals Reports Strong Q2-2017 Financial Results at its Sociedad Minera Corona Subsidiary in Peru

JayCurrie
T.SMT, Sierra Metals

TORONTO, Aug. 1, 2017 /CNW/ – Sierra Metals Inc. (TSX:SMT, BVL:SMT) (“Sierra Metals” or the “Company”) announces the filing of Sociedad Minera Corona S.A.’s (“Corona”) unaudited Financial Statements and Management Discussion and Analysis (“MD&A”) for the second quarter of 2017 (“Q2 2017”). read more