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Resource World - December-January 2018 - Vol 16 Issue 1

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50 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 8 complex in Chihuahua consisting of the Palmarejo Mine and mill, the Guadalupe underground mine about 8 km from the Palmarejo Mine, the Independencia under- ground mine about 800 metres northeast of the Guadalupe Mine, and other nearby deposits and exploration targets. Coeur also holds the advanced stage Palmarejo silver-gold mine near Durango City. Corex Gold Corp. [CGE-TSXV; CGEKF- OTCQB] has received net proceeds of US $278,685.67 from gold recovered and sold from the first gold-in-carbon concentrate shipment from the 100%-owned Santana heap-leach gold project in Sonora. Corex has been conducting bulk-testing heap- leach activities at Santana during 2017 on a roughly 25,000-tonne bulk sample of coarse-crushed material. A second shipment of gold-in-carbon concentrate is expected to be exported to the United States. Defiance Silver Corp. [DEF-TSXV; DNCVF-OTC] is expanding the San Acacio deposit, located in the Zacatecas Silver District of central Mexico that has pro- duced over 700 million ounces of silver. The company is currently conducting a Phase II, 5,000-metre drill program target- ing new high-grade silver shoots along a 900-metre section of the Veta Grande vein southeast of the San Acacio silver deposit Endeavour Silver Corp. [EDR-TSX; EXK-NYSE] reported production results for Q3 2017 from its three silver-gold mines in Mexico: Guanacevi in Durango State, and the Bolanitos and El Cubo mines in Guanajuato. Silver production for Q3 2017 was 1,262,064 ounces and gold pro- duction was 13,648 ounces resulting in silver equivalent production of 2.2 million ounces using a 70:1 silver:gold ratio. Evrim Resources Corp. [EVM-TSXV] and 80% optionee Harvest Gold Corp. [HVG-TSXV] have released soil sampling results from their Phase I exploration pro- gram at the high-grade Cerro Cascaron gold-silver project in western Chihuahua. Results extended known veins, identified two new corridors and highlighted a 1.4- km long, gold-silver trend north of the prospective Serpiente Dorada vein. Highly anomalous soil samples, including 1.38 g/t gold, were collected in the corridor, where Serpiente Dorada intersects a newly identi- fied, 1.8-km long, gold-rich corridor (the new vein corridor target). This intersection is now a focus of the mapping and drill targeting program. Evrim has acquired the Cuale gold property in Jalisco from Altius and released encouraging exploration results. Excellon Resources Inc. [EXN-TSX] released Q3 2017 production results from the Platosa Mine in Durango. Highlights include silver equivalent (AgEq) produc- tion of 500,763 oz, up 73% from Q2 2017 and 96% from Q3 2016. Silver production was 226,173 oz, up 41% from Q2 2017 and 47% from Q3 2016. Lead production of 1.6 million lbs was up 86% from Q2 2017 and 78% from Q3 2016. Zinc production of 2.2 million lbs was up 95% from Q2 2017 and MEXICO

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