Resource World Magazine

Resource World - Aug-Sept. 2014 - Vol 12 Iss 5

Issue link: http://resourceworld.uberflip.com/i/355430

Contents of this Issue

Navigation

Page 16 of 63

A U G U S T / S E P T E M B E R 2 0 1 4 www.resourceworld.com 17 T S X : S V L N Y S E M K T : S V LC 501 – 570 Granville Street Vancouver, BC V6C 3P1 Tel: 604-694-1730 | Fax: 604-694-1761 Toll Free: 1-866-691-1730 info@silvercrestmines.com www.silvercrestmines.com WEBSITE MEDIA PRESENTATIONS Scan the QR codes for more info. Get the FREE mobile app: http:// gettag.mobi PEOPLE Management team has accumulated more than a century's worth of international mining success PRODUC TION Santa Elena Mine (Mexico) high-grade Silver & Gold, underground mine & mill FINANCIAL Strong balance sheet with low cost production and growing free cash ow PLANNING New Mill, fully comissioned in August 2014, to signicantly increase Silver & Gold production in 2014 PROJEC T La Joya nearly 200 Million Oz Ag Eq Resource & growing Why Invest in SilverCrest? Low Cost Silver & Gold Producer in Mexico C M Y CM MY CY CMY K SVL_Ad_7 375X4 7_1607_PRINT 2.pdf 1 17/07/2014 4:33:38 PM $1,291/oz for quarterly revenues of $41.5 million. Almaden Minerals Ltd. [AMM-TSX; AAU-NYSE MKT] has filed an independent NI 43-101 preliminary economic assess- ment technical report for its gold-silver Ixtaca gold-silver deposit in Puebla State. The zone is part of the 100%-owned Tuligtic Project. The NPV at 5% discount is $728 million with an IRR of 29.3%. Argonaut Gold Inc. [AR-TSX] holds the El Castillo gold mine in Durango and the La Colorada gold mine in Sonora, both 100%-owned, as well as the advanced gold exploration San Antonio gold proj- ect in Baja California Sur and a portfolio of exploration projects located in the state sof Sonora and Durango. Q1 2014 produc- tion increased to 30,963 gold equivalent ounces, a 4% improvement over Q1 2013 and 7% over the Q4 2013. Arian Silver Corp. [AGQ-TSXV, AIM; GNHRF-OTC; 13A-FSE] operates the 100%-owned San Jose Mine in Zacatecas and has two exploration projects – the Calicanto and San Celso projects, both in Zacatecas. Aura Minerals Inc. [ORA-TSX] oper- ates the 100%-owned Aranzazu Mine in Zacatecas. Copper production at Aranzazu for Q1 2014 and 2013 was 3,715,688 lbs and 2,855,500 lbs, respectively, an increase of 30%. On-site average cash cost/lb of copper produced, net of gold and silver credits was $2.78 for Q1 2014 compared to $3.69 for the three months ended March 31, 2013. Aurcana Corp. [AUN-TSXV; AUNFF- OTCQX] owns the La Negra polymetallic mine in Querétero State. Total silver equiva- lent production was 727,842 ounces in Q4 2013, a 16% increase over Q4 2012. Total silver equivalent production was 2,893,235 ounces in 2013, a 14% increase over 2012. AuRico Gold Inc. [AUQ-TSX, NYSE] owns and operates the El Chanate gold mine in Sonora. Open pit productiv- ity remained in-line with targeted levels and averaged 96,686 tonnes per day. The company anticipates second quarter pro- duction of between 18,000 and 19,000 ounces from the El Chanate Mine. Avino Silver & Gold Mines Ltd. [ASM-TSXV, NYSE MKT] is a silver and gold producer operating the Avino Mine located in Durango. A dewatering opera- tion of the Avino Mine was completed May 28, 2014. This operation began November 24, 2012. An expansion program has also been under way. As of June 19, mill cir- cuit 2 was back online processing above ground stockpiles from the mine. With circuit 2 back online, the processing plant is once again operating at full capacity. In an all-share transaction, Avino is acquiring its related company Bralorne Gold Mines Ltd. [BPM-TSXV; BPMSF-OTCQX] which operates a gold mine in British Columbia. Bacanora Minerals Ltd. [BCN-TSXV] is focused on industrial mineral exploration and development in Mexico. The com- pany has the Magdalena borate project in Sonora, one of the few known calcium

Articles in this issue

Links on this page

Archives of this issue

view archives of Resource World Magazine - Resource World - Aug-Sept. 2014 - Vol 12 Iss 5