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Milled production increased to 2,184 tpd; up 67% year to date
New fleet arrivals to drive production growth in Q4 2017 and 2018
(All $ figures reported in USD)
Arizona Mining Inc. (TSX:AZ) (“Arizona Mining” or the “Company”) announces strong results for seven exploration holes from the current 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 highlighting the continued potential for resource growth and increased grades, as distinct from the Preliminary Economic Assessment (“PEA”) (see Press Release dated April 3, 2017).
Tinka Resources Limited (“Tinka” or the “Company“) (TSXV : TK) (OTCPK: TKRFF) is pleased to announce a Mineral Resource update for its 100%-owned Ayawilca zinc- indium-silver-lead sulphide deposit in Peru which includes the addition of ~15,000 metres of drilling completed so far in 2017. The zinc resource at Ayawilca is now estimated to be 42.7 million tonnes grading 7.3 % zinc equivalent (ZnEq). In addition, Tinka announces an updated tin-copper-silver resource estimated to be 10.5 million tonnes grading 0.70% tin equivalent (SnEq). The Tin Zone and Zinc Zone resources do not overlap. Both of the Mineral Resources were assigned to the Inferred category and reported at an NSR cut-off value of US$55/tonne, as estimated by Roscoe Postle Associates Inc. (RPA Inc.) of Toronto, Canada. Drilling beyond the Mineral Resource boundaries is continuing.
Arizona Mining Inc. (TSX:AZ) (“Arizona Mining” or the “Company”) today announced that it has appointed Gillian Winckler to its Board of Directors pursuant to the Company’s agreement with South32 Limited (see press release dated May 1, 2017).
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.
TSX: SMT
BVL: SMT
NYSE AMERICAN: SMTS
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.”
One of the frustrations of exploration is assembling a highly prospective area, doing the work and realizing that there is a key piece of land which you don’t own. Ron Tremblay, CEO of Levon Resources, (T.LVN) was in exactly that position for several years.