Due to yesterdays Q2 financial results.

Q2 2016 Financial Highlights

• Revenue of $5.4 million (Q2 2015 - $4.0 million)
• Sales of 334,549 silver equivalent ounces ("AgEq oz") payable (Q2 2015 - 304,984 AgEq oz payable)
• Mine operating earnings of $1.3 million (Q2 2015 - loss of $0.8 million)
• Adjusted net income of $0.9 million or $0.01/share (Q2 2015 - adjusted net loss of $1.8 million or $0.03/share)
• Production cost per tonne reduced by 13% relative to Q2 2015 and 24% during 6-mos 2016 relative to 6-mos 2015
• Adjusted all-in sustaining cost ("AISC") per silver ounce payable of $15.27, excluding the one- time sustaining capital expenditures associated with the Platosa Optimization Plan, demonstrating progress towards materially reduced costs per ounce at Platosa under dry mining conditions
• Phases II and III of optimization program underway with increasingly dry mining conditions at Platosa and drawdown rates exceeding projections at current pumping rates, primarily from existing infrastructure
• Cash, current account receivables and marketable securities totaled $7.5 million at June 30, 2016 (December 31, 2015 - $4.7 million), not including CAD$15.2 million bought deal financing completed in July 2016
• Net working capital totaled $7.3 million at June 30, 2016 (December 31, 2015 - $5.5 million)

"During the second quarter we continued to realize the benefits of operational efficiencies put into place earlier this year," stated Brendan Cahill, President and Chief Executive Officer. "We returned to profitability on an adjusted basis and improved cash flow, as well as realizing material improvements to all-in sustaining costs per ounce before the one-time costs associated with the ongoing Platosa optimization plan. We have reported adjusted net income during the period as, with the Company's strong share performance during Q2, fair value adjustments to financing costs were required under IFRS on our outstanding convertible debentures and associated warrants -- a quality problem. We expect our costs and financial performance to further improve as the Platosa optimization program continues moving towards completion. We enter the third quarter with much improved metal prices, a strengthened balance sheet from our recent, oversubscribed bought deal financing and a comprehensive drill program about to commence at Platosa."