Issue link: http://resourceworld.uberflip.com/i/912601
52 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 8 MEXICO 100%-owned Aguila Mine in Oaxaca sold 10,573 gold equivalent oz in Q3 2017 at a total cash cost of US $2/oz (after by- product credits), benefiting from strong base metal production and sales. Drill highlights from its 2017 Alta Gracia drill program in its Oaxaca Mining Unit included 1.29 metres grading 4.33 g/t gold and 1,710 g/t silver. Golden Goliath Resources Ltd. [GNG-TSXV] has received an encourag- ing preliminary report from the 2017 work program on its 100%-owned San Timoteo property in Chihuahua. The program was an expansion of 2016 work, but with a focus on structural geology and mineral- ization. It was designed to strengthen and increase drill targets to be tested in the next surface and underground drilling programs. Goldgroup Mining Inc. [GGA-TSX] operates its 100%-owned Cerro Prieto heap-leach gold mine in the State of Sonora with 2017 production forecast at 20,000 oz. The company has spent $18 mil- lion to earn a 50% interest in the advanced stage San José de Gracia Project in Sinaloa. Goldgroup is in a legal dispute with DynaResource, Inc. Great Panther Silver Ltd. [GPR-TSX; GPL-NYSE] operates two silver mines in Mexico: the flagship Guanajuato Mining Complex (GMC) in central Mexico and the Topia Mine in Durango. Production for GMC in Q3 was 755,008 AgEq oz, a 1% increase over Q2. At Topia, production decreased 8% over Q2 due to lower silver grades and recoveries than anticipated. Compared with Q3 2016, production increased 79%, as metal production for the third quarter of 2016 was negatively impacted by two tem- porary plant shutdowns. See GPR story in Resource World Oct-Nov 2017. Hecla Mining Company [HL-NYSE] reported that the 100%-owned San Sebastian Mine in Durango produced 880,885 oz silver and 6,342 oz gold in Q3, compared to 975,610 oz silver and 8,189 oz gold in Q3 2016. The mill operated at an average of 397 tpd in Q3 2017. Impact Silver Corp. [IPT-TSXV] oper- ates three producing silver mines which feed the Guadalupe plant in Zacualpan: the underground San Ramon Deeps Mine, Mirasol Mine and Cuchara-Oscar Mine. Silver production was 227,503 oz in Q2 2017. Kootenay Silver Inc. [KTN-TSXV] released results of 13 infill drill holes recently completed by Pan American Silver on its La Negra silver discovery in the Promontorio mineral belt, Sonora. A highlight was 3,004 g/t silver over 1.95 metres, 2,146 g/t silver over 1.00 metre and 558 g/t silver over 5.35 metres within 48.70 metres grading 281 g/t silver. Pan American can earn a 75% interest. Aztec Minerals Corp. [AZT-TSXV] has begun Phase 1 drilling on the Cervantes gold-copper porphyry property in Sonora, optioned from Kootenay Silver. Leagold Mining Corp. [LMC-TSX] – see cover story page 8.