Issue link: http://resourceworld.uberflip.com/i/581931
16 www.resourceworld.com o c t o b e r / n o v e m b e r 2 0 1 5 Rosario Project in San Luis Potosi, Mexico. It also holds two advanced-stage projects, San Felipe and Gavilanes, and the early- stage exploration project El Gachi. The company reported a net loss of just over $2 million for Q2, with just over 258,000 ounces silver Eq. produced for Q2 2015. The company reported improved all- in sustaining cost silver Eq. sold for US $16.86/oz compared with US $20.68/oz for Q4 2014, and noted further savings would be made into Q3 2015. Silver Bear Resources Inc. [SBR-TSX] is focused on the Mangazeisky silver proj- ect about 400 km north of Yakutsk in the Russian Federation. On July 7, Silver Bear unveiled a maiden mineral resource esti- mate for the North and South deposits at Mangazeisky, located 6 km to the north of the project's Vertikalny deposit. At an inferred level, the additional deposits comprise 550,000 tonnes, grading 444 g/t silver for 7.9 million ounces silver contained. Silver Standard Resources Inc. [SSO- TSX; SSRI-NASDAQ] operates the Pirquitas silver mine in Jujuy, northern Argentina. It reported just over 2.44 million ounces silver produced for Q2 2015, which com- pared with just over 2.04 million ounces for Q2 2014. As part of the third phase of underground drilling, the company announced a 19-hole drill campaign was being undertaken at the San Miguel underground project, targeting an expan- sion and upgrade of resources beneath the Pirquitas open pit. Silver Wheaton Corp. [SLW-TSX, NYSE] is the world's largest precious met- als streaming company. Attributable Eq. silver production reached 10.9 million ounces for Q2 2015, which compared with 8.5 million Eq. silver ounces in Q2 2014. Net earnings stood at $53.7 million in Q2 2015 compared with $63.5 million in Q2 2014. See Silver Wheaton page 10. Silvercorp Metals Inc. [SVM-TSX] operates mines in China and reported sales for its Q1 fiscal-year (FY) 2016 stood at 1.4 million ounces silver, 14.9 million lbs lead, 4.6 million lbs zinc. Sales stood at $32.2 million, up 5% from Q1 FY 2015, despite declines in the average selling price of sil- ver and lead over the past 12 months. The company decided not to declare a dividend for the quarter, citing the lower commod- ity price environment and Silvercorp's desire to preserve capital. Tinka Resources Ltd. [TK-TSXV; TKRFF-OTC; TLD-FSE] is developing the Colquipucro and Ayawilca projects near Cerro de Pasco, central Peru. On July 28, the company announced an IP geophysical survey had indicated several anomalies at Colquipucro/Ayawilca. The most signifi- cant anomaly covered 1 km 2 at Chaucha. It is also adjacent to the current silver oxide resource at Colquipucro, which has an indicated mineral resource of 14.3 mil- lion ounces, grading 60 g/t silver, and an inferred resource of 13.3 million ounces, grading 48 g/t silver. n