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Friday, June 14, 2013

Mining in Mexico: Q&A with SilverCrest Mines Inc. (TSX.V: SVL) (NYSE MKT: SVLC)

Point Roberts, WA / New York, NY - June 14, 2013 (Investorideas.com Mining Stocks Newswire) Investorideas.com, a leader in sector research for independent investors, including mining stocks, presents an exclusive Q&A with SilverCrest Mines Inc. ( TSX.V: SVL ) ( NYSE MKT: SVLC) (CW5.F), a company with its flagship property in the State of Sonora, México.

This interview is part of an ongoing series of articles on investment opportunities within the four countries of the Pacific Alliance, (Colombia, Chile, Mexico and Peru) with a primary focus on mining and oil and gas stocks.
Q: Investorideas.com
Scott, can you give investors a brief history of when your company first invested in the Mexico property and why ?
A: J. Scott Drever , Chief Executve Officer, Chairman
SilverCrest had its first major effort in Mexico in 2005 with the acquisition of the Santa Elena project. We transitioned to Mexico from some very bad experiences in Honduras and El Salvador with changing mining laws and concentrated NGO opposition to mining. Mexico on the other hand has turned out to be one of the best jurisdictions for mining of all the countries I have worked in during my rather lengthy career. The relatively untapped potential for economic mineral deposits, decent infrastructure and access along with a pool of qualified people make the country all that more attractive.
Q: Investorideas.com
Can you give investors a brief update on the reserves and estimates on the Santa Elena Mine, in the State of Sonora, México?
A: J. Scott Drever, Chief Executive Officer
After an extensive program of development drilling over the last 12 months we recently announced new reserve and resource estimates for Santa Elena. Our total probable reserve currently stands at 8.19 million tonnes grading 1.24 gpt gold and 74.9 gpt silver and containing 327,000 ounces of gold and 19.75 million ounces of silver. This should be sufficient reserves for approximately 8 years of production starting in January of 2014 when our new 3000 tonne per day conventional mill should be operational. Of course there are also indicated and inferred resources containing another 188,000 ounces of gold and 15.36 million ounces of silver. We are also making discoveries of additional zones as we continue to explore and develop the underground reserves so we are confident the mine life can be extended beyond the expected 8 years..
Q: Investorideas.com
The company has announced expansion plans to almost double the annual metals production in 2014 at the Santa Elena Mine. Separate from the company, is there direct benefit back to the State of Sonora and Mexico?
A: J. Scott Drever , Chief Executive Officer
The returns to the local, state and federal governments take the form of corporate taxes, direct and spin off employment benefits, utilization of construction and operating contractors and service and equipment purchases from local suppliers. We currently have approximately 450 people on site engaged in our operations and construction of the mill related facilities. SilverCrest has about 150 direct employees with contractors for operations and construction employing another 300 people nearly all of which are Mexican nationals and all of which pay state, federal and local taxes. Through our Corporate Social Responsibility initiatives we provide support for such things as municipal infrastructure, community improvement projects, health care and scholarships for local graduates.
Q: Investorideas.com
Since you have been involved in Mexico, what have been the biggest obstacles to overcome in mining there ?
A: J. Scott Drever, Chief Executive Officer
Compared to other jurisdictions I have worked in the challenges in Mexico have been minimal. We have had excellent cooperation from all levels of government, there is rule of law where ever we have worked and most importantly the mining law and environmental permitting process are well established. If you do things in a proper manner the permits will be forth coming in a timely manner. SilverCrest’s main challenge in developing the Santa Elena was not anything in Mexico but the dearth of financing options during in the 2008-09 financial crisis.
Q: Investorideas.com
The intent of the recent formation of the Pacific Alliance( Colombia, Mexico, Chile and Peru) was to create an environment that is investment friendly and to encourage new business and trade. Do you see improvements that would motivate new companies to enter the mining space, since that is your area of expertise?
A: J. Scott Drever, Chief Executive Officer
I am not terribly familiar with the mandate of the Pacific Alliance nor have I seen any of their specific initiatives. However, from my perspective, based of some fairly subjective information, I would say that Colombia has made some positive progress, most of Mexico is still very attractive for mining projects but I think both Peru and Chile have regressed in terms of creating an attrative environment for mining investment.The recent moves by many governments to secure greater and greater interests in or returns from mining projects without assuming any of the risks is certainly a disincentive to most mining companies.
About SilverCrest Mines Inc.
SilverCrest Mines Inc. (TSX VENTURE: SVL) (NYSE MKT: SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. An expansion plan, which is centered on the construction of a 3000 tonne per day conventional mill, is well underway to increase the annual metals production in 2014 by about 60% at the Santa Elena Mine (open pit and underground). Exploration programs have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent. www.silvercrestmines.com
About the Pacific Alliance:
The Pacific Alliance is the coalition of four countries with a coastline facing the Pacific Ocean ( Colombia, Mexico, Chile and Peru), seeking to act as a bloc on topics of trade and investment to ensure open mobilization of goods, services, capital and people. The Alliance was created in April 2011 by the Lima Declaration.
The Alliance is based on the affinity between these countries on matters related to market economy, openness to foreign investment, increased trade strategy and political and economic relations with the Asia-Pacific region.
The four countries that make up the coalition represent about 206 million people (equivalent to the total population of Brazil) and generate a gross domestic product (GDP) of U.S. $ 1.7 billion, equivalent to 34% percent of Latin America, with a GDP per capita of around U.S. $ 11 billion. Colombia, Mexico, Chile and Peru account for half of the region's foreign trade: U.S. $ 471 billion in exports and $ 453 billion in imports and are recipients of nearly $ 53 billion in FDI 2.
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Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700)
Note: all content in this Q&A is based on recently reported results from the company.
http://www.investorideas.com/About/Disclaimer.asp
Contact SilverCrest Mines: Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
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Thursday, June 13, 2013

Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Reports Results of AGM; Announces Officer and Director Appointments

VANCOUVER, BRITISH COLUMBIA - June 13, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) (CW5.F) ("SilverCrest" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held Tuesday in Vancouver, B.C.

Shareholders voted in favour of all items of business, including the election of each director nominee. A total of 50,906,857 votes were cast representing 47.15% of the issued common shares as of the record date for the meeting, as follows:
DirectorsVotes by Ballot in FavourVotes by Ballot Withheld
J. Scott Drever32,567,693 (96.88%)1,049,653 (3.12%)
Ross O. Glanville32,752,654 (97.43%)864,692 (2.57%)
Barney Magnusson31,465,626 (93.60%)2,151,720 (6.40%)
George W. Sanders32,708,854 (97.30%)908,492 (2.70%)
Graham C. Thody32,552,774 (96.83%)1,064,572 (3.17%)
Shareholders voted 70.62% in favour of the Company's Stock Option Plan and voted 99.57% in favour of the implementation of an Advance Notice Policy for the nomination of Directors. In addition, shareholders voted in favour to re-appoint Davidson & Company, Charted Accountants, as auditor of the Company.
At the Board of Directors meeting following the AGM, Mr. J. Scott Drever, Chairman and President of the Company, was appointed as Chairman and Chief Executive Officer of the Company. Mr. N. Eric Fier, currently the Chief Operating Officer of the Company, was appointed President as well as Chief Operating Officer and was also appointed to the Board of Directors of the Company.
J. Scott Drever, CEO, stated; "We were pleased to see good attendance of shareholders and interested investors at our meeting as well a strong voting of proxies in favour of all items of business. The appointment of Eric Fier as President and Chief Operating Officer resulted from extensive discussions among the Directors and management as to how the succession of leadership of the executive management can transition as SilverCrest continues to grow and expand. Eric is most deserving and more than capable of assuming the duties and responsibilities of the office of President and will have the full support of the Board, management, employees and staff as he assumes his new duties and implements the corporate strategies for growth."
Graham Thody was re-appointed Chair of the Audit Committee; George W. Sanders was re-appointed Chair of the Corporate Governance and Nominating Committee and Ross. O. Glanville was re-appointed Chair of the Compensation Committee.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, M�xico. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au) which produced 33,004 ounces of gold and 579,609 ounces of silver in 2012. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State.
N. Eric Fier, CPG, P.Eng, President and Chief Operating Officer
SILVERCREST MINES INC.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Friday, June 07, 2013

Graphene Stock Alert: Graphene Experts Dr. Polyakova and Dr. Stolyarov Added to Lomiko Team (TSX-V: LMR) to Create Research and Development Department

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK - June 7, 2013 (Investorideas.com mining stocks newswire) LOMIKO METALS INC. (TSX VENTURE:LMR)(LMRMF)(DH8B.F) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") reports that Dr. Elena Polyakova and Dr. Daniel Stolyarov have joined Lomiko Metals Inc. to create a Research and Development Department. Primary tasks for the Research and Development Department will be to oversee and coordinate the research activities on conversion of the graphite into graphene, which are currently underway. The department will also oversee end use projects in conjunction with customers of Graphene Laboratories Inc. which include leading universities, Fortune 500 as well as startup companies, world-wide.

"We've been working with Dr. Polyakova and Dr. Stolyarov to develop an action plan for Lomiko Metals. With their help Lomiko is positioned to participate in the graphene revolution.", said Paul Gill, CEO of Lomiko, "Building an R&D capacity means Lomiko will have a head start on the commercial, end use applications which will drive the graphene-graphite business in the future."
Dr. Elena Polyakova founded Graphene Laboratories in 2009 as President and Chief Executive Officer. Since founding Graphene Laboratories, the company has grown to be the leading manufacturer and supplier of graphene materials. Dr. Polyakova is an invited speaker at many international forums and conferences, and her input on the graphene industry is regularly published by journalists covering business and technology.
She received her Masters' degree in Physics and Applied Mathematics with honors from the Moscow Institute of Physics and Technology, and her Ph.D. in Chemistry from the University of Southern California. During Dr. Polyakova's post-doctoral work at Columbia University, her work on graphene was published in many leading peer-reviewed journals, which she co-authored with Nobel and Kalvi prize winners, as well as members of the National Academy of Sciences. It was then that she realized the commercial potential of graphene, which led to the founding of Graphene Laboratories, Inc.
Dr. Daniel Stolyarov co-founded Graphene Laboratories in 2009 and has since served as Chief Technology Officer. At Graphene Laboratories, he leads efforts to introduce new materials to the Graphene Supermarket product line. He also overviews all production efforts and leads all collaborative R&D projects of Graphene Labs. His work continues to play a critical role in securing Graphene Labs place as a leader in the manufacture and sale of 2D materials.
He received his Masters' degree in Physics and Applied Mathematics with honors from the Moscow Institute of Physics and Technology, and his Ph.D. in Physical Chemistry from the University of Southern California. During his academic career, his work on graphene was published in many leading peer-reviewed journals, which he co-authored with Nobel and Kalvi prize winners, as well as members of the National Academy of Sciences.
Dr. Polyakova and Dr. Stolyarov will each receive $ 50,000 per year under a contract of service.
For more information, review the website at www.lomiko.com.
On Behalf of the Board
A. Paul Gill, Chief Executive Officer
We seek safe harbor.
Contact:
Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com
www.lomiko.com

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