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Top Stock News

Fortuna reports consolidated financial results for the third quarter 2016

Fortuna Silver Mines Inc. (FSM)(FVI.TO) today reported revenue of $65.2 million, net cash provided by operating activities of $28.5 million, and net income of $11.8 million in the third quarter of 2016.

SilverCrest Receives Underground Drilling and Bulk Sample Permit; Extensive Phase II Exploration Program to Commence in November 2016

“We are very encouraged with the early success from our initial drilling campaign at Las Chispas, which has confirmed continuity of high grades over potential mineable thicknesses. With the underground drilling permit, we will start drill-defining resources and preparing for a broader Phase II exploration program. Our current focus is to systematically drill the Las Chispas and William Tell veins in a grid pattern for resource estimation, test vein extensions and to further explore the Babicanora area. SilverCrest’s schedule is to establish a maiden resource estimation in the first half of 2017. We see further upside in this historic silver-gold mining district with prospective discoveries of multiple unidentified veins, and drill testing Babicanora which is considered the largest target in the district.”

SilverCrest Appoints Vice President, Business Development

SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the appointment of Mr. Nicholas Campbell as Vice President, Business Development. Mr. Campbell has over 12 years of finance and corporate valuation experience in the mining industry including 10 years capital market experience as a Mining Research Analyst. In his new position, Mr. Campbell will initially be working part-time and be responsible for developing, implementing and executing all aspects of SilverCrest's business development opportunities designed to accelerate the Company's growth and enhance its shareholder's value. He will maintain his full-time position as CFO for Goldsource Mines Inc.

Golden Arrow Announces C$2 Million Program at Antofalla & Provides Corporate Update

Golden Arrow Resources Corporation (TSX VENTURE:GRG)(GARWF)(GAC.F)(WKN:A0B6XQ) ("Golden Arrow" or the "Company") is pleased to announce that it has initiated its first exploration program at the recently optioned Antofalla silver-gold-base metal project in the province of Catamarca. With a cash balance of approximately C$8 million, Golden Arrow has outlined a C$2 million program that includes remote sensing, IP/Resistivity geophysics, and geochemical sampling to delineate targets that will be tested with an estimated 3000 metre drill program.