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Levon Resources Says No Material Change

Levon Resources Says No Material Change

Levon Resources (TSX:LVN) announced that there is no material change in the Company's business or operations. This announcement was in response to the request made by Market Surveillance at IIROC on behalf of the Toronto Stock Exchange.

Tahoe Receives Shareholder Approval for Issuance of Common Shares

Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) announced that Tahoe shareholders with ownership, control or direction over more than 50 percent of its outstanding shares have given their written approval for the issuance of Tahoe common shares as consideration for the company's merger with Rio Alto Mining Ltd. (TSX:RIO,NYSE:RIOM).

Source Exploration to Drill Las Minas in March

Source Exploration to Drill Las Minas in March

Source Exploration Corp. (TSXV:SOP) announced a 2,000 metres drill program in March for the Las Minas Property in Mexico. Source has signed a contract with K.D.L. Mexico S.A de C.V. for this drill program aiming to extend and infill the Santa Cruz zone where previous drilling hit an intersection of 10 metre interval averaging 10.6 g/t gold, 48.47 g/t silver and 7.44% copper or 24.11 g/t gold equivalents.

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Endeavour Silver: CEO Brad Cooke Says, “Be Patient”

Brad Cooke, founder and CEO of Mexico-focused silver and gold miner Endeavour Silver, told Silver Investing News, "if anybody's afraid of the current downdraft in the metal prices, just be patient."

Swissmetal: Next Few Years to Bring Silver Price Rise

Discussing silver, Knut Anderson, general manager of Swissmetal, said, "I think the prices will go up. I think by the end of this year we’re probably going to see $20 to low $20s. I think by next year maybe high $20s, low $30s."

Market News

Silver Price Climbs to $16.52 on Interest Rate Uncertainty

Silver climbed 1.9 percent Wednesday morning to hit $16.52 an ounce. The push followed Federal Reserve Chair Janet Yellen's failure to provide on Tuesday a timeline of when the Fed will begin hiking interest rates.

Silver Price Sinks to $16.21 an Ounce

On Tuesday, the price of silver dropped 0.5 percent, to $16.21 an ounce, as investors waited for news regarding an anticipated interest rate hike from the US Federal Reserve.

Silver Price Edges Up Despite Easing Greece Turmoil reported that silver was up in Monday morning trade despite the fact that safe-haven demand is down on the back of expectations that Greece will reach a deal with its creditors.

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