Silvermex Resources Inc. (TSX:SLX) announced financial results and an update to activities at the La Guitarra mine.

The press release is quoted as saying:

The Company achieved a gross profit of $1.1 million for the three months ended June 30, 2011, on sales of gold and silver of $2.8 million, compared with a gross loss of $600,000 for the comparative 2010 period on sales of gold and silver of $200,000.

Click here to read the entire news release.