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Tag: hecla mining

Hecla Reports 3.4 Million Ounces of Silver and 56,113 Ounces of Gold Production

Cash and Cash-Like Investments Now $213 Million; a $14 Million Increase Over Year-End
Hecla Mining Company (NYSE:HL) today announced preliminary production, operating costs and cash balance for the first quarter of 2017.

First Quarter 2017 Highlights (Preliminary Results)

Silver production of 3.4 million ounces; gold production of 56,113 ounces.
Silver equivalent production

Canamex Resources to acquire Rest of Bruner Mine

Canamex Resources to acquire Rest of Bruner Mine

Canamex Resources Corp. (TSXV:CSQ; OTCQX:CNMXF; FSE:CX6). and Patriot Gold Corp. have signed a letter of intent whereby Canamex Resources will purchase Patriot Gold’s remaining 30-per-cent working interest in the Bruner gold/silver mine for $1.0-million (U.S.) plus the retention by Patriot of a 2-per-cent net smelter return royalty.

Tres-Or Begins Drilling at Fontana Gold Project

Tres-Or Resources Ltd. (“Tres-Or”) (TSX-V: TRS, OTCPK: TRSFF) has initiated its first drill program at the Fontana Gold Project, 60 km north of Val-d’Or, Quebec. The expected 3-hole 750 metre drill program is now underway to confirm significant gold mineralization reported in historical drilling and extend our understanding of

Medallion Comments on Recent Market Activity

Medallion Comments on Recent Market Activity

Medallion Resources Ltd. (TSXV:MDL, OTCQX:MLLOF), at the request of Canadian regulatory authority IIROC, confirms that its management is unaware of any material change to the Company or its business that would account for the recent increase in market activity.

Brixton Metals arranges $4-million private placement

Brixton Metals arranges $4-million private placement

Brixton Metals Corp. has entered into a letter agreement with Gravitas Securities Inc., with a syndicate of agents, in connection with a best efforts private placement offering of up to $4-million. The private placement will consist of any combination of units to be issued at a price of 50 cents

Brixton Metals plans drill test at Chivas

Brixton Metals plans drill test at Chivas

Brixton Metals Corp. has released project updates for its gold-silver properties located in both Ontario and British Columbia, Canada.

The company has filed with the mineral title division of the Ministry of Energy, Mines and Petroleum Resource the 2016 assessment report on the Thorn project located in Northwest British Columbia.

Azimut Commences Geophysical Survey on its Eastmain West Property in Quebec

Azimut Exploration (TSXV:AZM) has announced a ground-based gravity survey will commence on its 100-percent owned Eastmain West Property in Quebec.

As quoted in the press release:
The objective is to better define the lateral and depth potential of a kilometre-scale high-grade chromite target zone. Recently reported channel sampling results from this part

Quebec Gold Mines

Quebec Gold Mines

Many geologists and mining experts consider the Canadian province of Québec to be an exceptional region from the standpoint of the potential wealth of its tremendous area of yet unexplored land.

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