Issue link: http://resourceworld.uberflip.com/i/581931
o c t o b e r / n o v e m b e r 2 0 1 5 www.resourceworld.com 13 FOCUSED ON HIGHGR ADE SILVER IN MEXICO • 44% Interest in Juanicipio Joint Venture • Cinco de Mayo (100%) Upper Manto Zone/Pegaso Zone • Salamandra • Strong Financial Position www.magsilver.com | Tel: 604-630-1399 | Free: 1 866-630-1399 TSX.V : EUK A New Direction for Frasergold • High grade potential in the Cariboo Gold District • Over $15.0 million spent on Frasergold exploration • 50,000m of historical drilling • Low number of issued and outstanding common shares • 43-101 compliant resource w w w.eurekaresourcesinc.com info@eurekaresourcesinc.com 604-449-2273 and another in trial production. It also has a pipeline of exploration properties. Its sil- ver production stood at just over 451,500 ounces for Q2 2015, while total silver Eq. production for Q2 was just over 819,200 ounces silver, up from just over 306,300 ounces silver in Q2 2014. Mill throughput for Q2 2015 was almost 135,800 dry tonnes compared with almost 40,100 dry tonnes in Q2 2014. Bayhorse Silver Inc. [BHS-TSXV; B4N- FSE] seeks to exploit a bulk sample at the past-producing Bayhorse silver mine in Oregon. It predicts having to spend $150,000 to complete adit safety work before starting work, after which it could extract up to 15,000 tons per year. Bayhorse estimates it could ship 3,900 tons of upgraded material across 12 months from the start of exploitation, returning an anticipated grade of around 130 oz/ton silver or better for around 500,000 ounces silver. Bear Creek Mining Corp. [BCM-TSXV; Lima] holds the Santa Ana and Corani sil- ver projects in Peru. An updated feasibility study for Corani was released in early June, with the company estimating total project Capex at $664 million, down from $718 million estimated in the 2011 feasibility study. The total proven and probable sil- ver reserves stood at 228 million ounces for 2015, a reduction of 42 million ounces from 2011. The potential average annual produc- tion rate remains unchanged at 8.4 million ounces silver across an 18-year life of mine. Calibre Mining Corp. [CXB-TSXV] is exploring and developing concessions in northeast Nicaragua, including the Eastern Borosi gold-silver-copper project. On July 20, it reported positive drill results of a cam- paign being funded by IAMGOLD Corp. [IMG-TSX; IAG-NYSE]. This included hole BL15-017, which returned 223.4 g/t sil- ver and 1.11 g/t gold from 120.50-139.66 metres. IAMGOLD can earn a 70% inter- est in the project through a total potential investment of $10.9 million. Coeur Mining Inc. [CDE-NYSE] oper- ates the Palmarejo silver-gold mine in Mexico, the San Bartolomé silver mine in Bolivia, and the Rochester silver-gold mine in Nevada. It is also advancing two silver-