Minefinders Corporation Ltd. (TSX:MFL)(NYSE Amex:MFN) today announced updated gold and silver mineral reserves and resources for the Dolores Mine.
Fiscal 2010 marked the first meaningful exploration drilling program at Dolores since the commencement of the development of the mine in 2006 and this is the first update of reserves and resources for Dolores since 2008.
Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) today reported the first full quarter production results from its newly commissioned Bellekeno mine and mill in the Keno Hill Silver District, Yukon.
First Quarter Highlights:
* Silver Production of 447,524 ounces
* Lead Production of 3,682,304 pounds
* Zinc Production of 1,334,144 pounds
Canada's Primero Mining Corp said the month-long strike at its San Dimas gold-silver mine in Mexico had ended and it did not expect the strike to hurt its full-year production outlook.
Greystar Resources Ltd. (TSX:GSL)(AIM:GSL) is pleased to announce receipt of a positive scoping stage Preliminary Assessment under National Instrument 43-101 ("Scoping Study") for an underground only operation at its 100%-owned Angostura gold-silver project in northeastern Colombia.
Image by Greystar Resources Ltd.
Agnico-Eagle reported gold production increased from 188,232 ounces to 252,363 ounces for the first quarter this year, despite the March fire that burned down the kitchen at the Meadowbank mine last month.
U.S. silver futures rallied as much as 6 percent and gold reached a record high on Thursday, underpinned by a weakened dollar after the U.S. Federal Reserve signalled no rush to reverse its accommodative monetary policy.
Troy Resources NL (ASX & TSX: TRY) disclosed today that follow up drilling on the Kamila South East zone produced more significant results from the high grade Inca Vein.
An earlier assay produced 14.7 metres grading 7.79 grams/tonne gold and 1,292 g/t silver (26.24 g/t Au equivalent), and subsequent drilling produced more positive results.
Thompson Creek Minerals has spurned an option with U.S. Energy Corp. to acquire an interest in the Mount Emmons molybdenum project in Colorado's Gunnison County. According to a story in today's Globe and Mail, the Denver-based company has decided instead to focus on exploring its Berg property in British Columbia:
Chairman and CEO Kevin Loughrey said the property can potentially expand its molybdenum production while also helping the company's diversification efforts.