Issue link: http://resourceworld.uberflip.com/i/581931
14 www.resourceworld.com o c t o b e r / n o v e m b e r 2 0 1 5 gold feasibility projects, the La Preciosa Project in Mexico and the Joaquin Project in Argentina. The company reported a Q2 net loss of $16.7 million for Q2 2015, which compares with a net loss of $43.1 million for Q2 2014. Coeur's silver production reached 4.3 million ounces for the quarter. Endeavour Silver Corp. [EDR-TSX] has several interests in Mexico, including three silver mines: Guanaceví, Bolañitos and El Cubo. It reported revenue at $47.7 million for Q2 2015 compared with $54.8 million for Q2 2014. It sold just over 1.91 million ounces silver at realized prices of $16.34/oz. Endeavour reported it was on track to meet production guidance for 2015, while the expansion of the El Cubo Mine to 2,200 tpd was completed on time and on budget by end-Q2. Excellon Resources Inc. [EXN-TSX; EXLLF-OTC] operates the La Platosa Mine in Durango, Mexico. It recorded a net loss of $1.82 million for Q2 2015 compared with a net loss of $711,000 for Q2 2014. Output reached almost 342,000 eq. silver ounces for Q2 2015, compared with just over 636,700 Eq. ounces silver in Q2 2014. The reduc- tion was a result of lower tonnes and grades mined, with the company noting this was in line with current plans. Excellon expects grades to increase as mining enters higher- grade areas in H2 2015. First Majestic Silver Corp. [FR-TSX; AG-NYSE; Mexico; FMV-FSE] has five silver mines in Mexico. It recorded a net earnings loss of $2.6 million for Q2 2015 compared with a net earnings profit of $7.6 million in Q2 2014. It noted the fall came on decreased silver prices. Silver production stood at almost 2.72 million ounces for Q2 2015, which compared with almost 3.1 million ounces silver for Q2 2014. The decline was due to 16% lower silver grades and a dip in recoveries at its Del Toro Mine. Fortuna Silver Mines Inc. [FVI-TSX; FSM-NYSE; F4S-FSE; Lima] operates the silver-gold San Jose Mine in Mexico and the silver-gold-zinc-lead Callyoma Mine in Peru. Net profit stood at $200,000 for Q2 2015 compared with $2.9 million for Q2 2014. The decline came on reduced silver prices, the company said. On August 12, Fortuna reported positive step-out drilling and sampling results for work undertaken at San Jose. Highlights included hole SJOM 424, which intersected 1,070 g/t silver and 3.25 g/t gold from 525.10-525.50 metres. Golden Arrow Resources Corp. [GRG-TSXV; GAC-FSE] is advancing the Chinchillas silver project in Jujuy, Argentina. On July 31, it announced an increase in the project's resource; at a 45 g/t Eq. silver cut-off grade, indicated resources comprise 25.9 million tonnes, grading 77.2 g/t silver, 0.66% lead, 0.66% zinc, for a total of 104 million Eq. silver ounces. Inferred resources stand at 47.1 million tonnes, grading 50.2 g/t silver, 0.52% lead and 0.64% zinc for 140 million eq. ounces silver. Great Panther Silver Ltd. [GPR-TSX; GPL-NYSE] holds the Guanajuato Mine Complex and the Topia Mine in Mexico among a variety of other interests. The company announced silver output at just over 648,800 ounces for Q2 2015, which compared with just over 420,000 ounces for Q2 2014. Revenues reached almost $19.2 million for Q2 2015, up from just over $14.45 million for Q2 2014. However, there was a net loss of $4.7 million for Q2 2015, which compared with a net loss of $4.5 million in Q2 2014. Hecla Mining Company [HL-NYSE] operates the Greens Creek Mine in Alaska and the Lucky Friday Mine in Idaho, as well as other silver interests. Highlights for Q2 2015 included the successful acquisi- tion of Revett Mining Company Inc. and its Rock Creek silver-copper project. The com- pany announced a net loss of almost $26.67 million for Q2 2015, which compared with a net loss of almost $14.4 million for Q2 2014. Hecla's silver production was almost 2.48 million ounces for Q2 2015, down from 2.52 million ounces for Q2 2014. Kootenay Silver Inc. [KTN-TSXV] is advancing the Promontorio silver prop- erty in Sonora, Mexico, as well as several