General Metals based in Reno, Nevada reports significant results for holes GM 47 through and GM 53. All holes encountered significant mineralization in the target zones, including a 35 foot interval in hole GM-52 that assayed a phenomenal 0.619 ounces per ton gold equivalent (opt Au Equiv.) which also contained a 5 foot interval assaying 0.311 opt [...]
Read the full article: "General Metals reports results for holes GM..."
Monday, June 30, 2008
Silver Reserve reports its contract with Christiansen Drilling, Inc. of Ely, Nevada for Medicine and Silver Queen Projects. The objective is to expand on the 350,000 tons of drill indicated resource with an average grade of 2.5 ounce silver, 5% lead, 8% zinc and 12% barite. The indicated resource was not drilled off beyond 100 feet of [...]
Read the full article: "Silver Reserve reports drill contract signed"
Friday, June 27, 2008
Silver Fields reports application of coal exploration permit to the Government of Manitoba on two sections of land close to the Manitoba/Saskatchewan border. The permitting process in Manitoba is considerably more expensive than in Saskatchewan, however management felt it was prudent to acquire an initial block of land for exploration, as traditionally, coal deposits are quite extensive and it [...]
Read the full article: "Silver Fields applies for Manitoba coal..."
Friday, June 27, 2008
Fed’s Decision and Inflation Creates “The Perfect Storm” for Silver By Melissa Pistilli, exclusive to SilverInvestingNews.com You don’t need a PhD in Economics to know how closely commodity prices and the health of the U.S. economy are linked. And it should come as no surprise that many in the commodities sector were holding their collective [...]
Read the full article: "The Perfect Storm for Silver"
Thursday, June 26, 2008
MarketWatch reports silver prices rise more than 4% while gold rallies a month high. Silver futures also rallied, up more than 4% to a nearly one-week high. Mark O’Byrne, Executive Director of Gold and Silver Investments Ltd., in a research note: “There is the risk that, while the Federal Reserve has to an extent ‘talked [...]
Read the full article: "Silver futures soar more than 4%, other..."
Thursday, June 26, 2008
ECU Silver Mining reports further significant advances in its exploration and development work on Velardena properties. We continue to realize accomplishments in our exploration program at our main Velardena Property where, at the Santa Juana Mine, we have encountered strong gold grades over significant widths. The company says, our underground development work cut the major A4 vein [...]
Read the full article: "ECU Silver reports results at Santa Juana"
Thursday, June 26, 2008
Aquiline Resources reports first preliminary economic assessment to be conducted on its 100% owned Navidad silver project in Chubut Province, Argentina. The Scoping Study will focus on Navidad’s Loma de La Plata zone, which is estimated to contain 9.1 million tonnes (indicated) at average grades of 226 g/t Ag, or 66 million contained ounces Ag plus 17.3 [...]
Read the full article: "Aquiline reports scoping study on Navidad"
Thursday, June 26, 2008
SilverCrest Mines Inc. reports results for pre-feasibility study on its Santa Elena open pit silver mine in Sonora, Mexico. The study has converted approximately 73% of the project’s Indicated Mineral Resources to Proven and Probable Reserves. The Base Case economics show a pre-tax Internal Rate of Return of 100% and a pre-tax cash flow of US$103.7 million. The [...]
Read the full article: "SilverCrest pre-feasibility results at Santa..."
Wednesday, June 25, 2008
Int. Northair Mines reports results from a second phase drill program completed at El Reventon project in Durango, Mexico. Twelve of the 15 holes from the current program at the Reventon Breccia intersected significant silver values. Highlights include 91.4 metres of 87 g/t silver containing an intercept of 19.8 metres of 176.4 g/t sliver; and 80.8 metres of [...]
Read the full article: "Int. Northair intersects 120.4 metres of..."
Wednesday, June 25, 2008
Silver Eagle Mines reports results of a pre-feasibility study prepared by Silver Eagle and reviewed by Scott Wilson Roscoe Postle Associates Inc., for Silver Eagle’s wholly-owned Miguel Auza Mine in Zacatecas, Mexico. The pre-feasibility results establish probable reserves of approximately 1.95 million tonnes grading 0.17 g/t Au, 137 g/t Ag, 2.15% Pb and 2.25% Zn, [...]
Read the full article: "Silver Eagle reports pre-feasibility results..."
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Monday, June 30, 2008