Commodityonline reports gold & silver futures declined as rescue plans for the US financial markets is been discussed. Silver futures for December delivery declined 16.5 cents, or 1.2%, to $13.275 an ounce. The metal has fallen 11% this year. For complete story, click this link. Follow developments in silver mining and exploration for free.Sign on to the Silver [...]
InsideMetals.com reports that it has added 4 silver exploration companies to its Junior Gold & Mineral Stocks shopping mall. Two of the newly featured companies are classified as InsideMetals.com Gold Explorers and two are classified as Gold Prospectors. These companies are exploring for silver also. Oro Silver Resources Ltd.: is listed on the TSX Venture Exchange. [...]
Greystar Resources reports that drilling has returned 16.64 grams gold and 116.8 grams silver per tonne over 6.1 metres in the Los Laches area, Colombia. Greystar anticipates that with the near completion of the infill program, the number of drills will be reduced at the end of September, with some drills being left to do geotechnical, hydrogeology [...]
Apoquindo Minerals reports that its wholly owned subsidiary, Minera KoriTambo SAC, has initiated drilling at its Huarman gold-silver prospect, Department of Ancash, Peru. The initial drilling has been concentrated within an east-dipping tabular polymictic volcanic breccia which crops out along a 500 meter strike length. This silicified and phyllically altered breccia exhibits high sulfidation characteristics. Previously reported [...]
Overview Established in 1982 and managed by a team with over 250 years’ combined industry experience, Coral Gold Resources is exploring more than 10,000 acres of strategically-located mineral claims on Nevada’s Battle Mountain-Cortez gold trend. The company’s key investment features include: An inferred gold resource exceeding 2.3 million ounces (based on US$600/ounce gold). The Robertson [...]
FXstreet.com reports December silver will be up around 26 cents an ounce. At 8:01 a.m. EDT, spot gold was trading down $1.95 to $888.75. In overnight activity, spot gold in Europe continued to fluctuate with the U.S. dollar and was pushed down Wednesday by the strength of the currency. Profit-taking pushed down gold in Asia Wednesday, [...]
Delta Exploration reports results from 12 exploration diamond drill holes from the Falea uranium-silver Project, Mali. The holes tested the potential for western extensions to the Central Zone. The program successfully located significant concentrations of both uranium and copper, extending the Central Zone 300 metres to the west. Significant U3O8 drill results are listed in Table # 1. [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver gained 84 cents on the NYME yesterday in reaction to the Treasury’s US$700 billion bailout of the financial sector. As more and more retail, mortgage and investment banks fail, are taken over or nationalized, investors are becoming increasingly leery of paper [...]
Fortuna Silver Mines reports that it has confirmed high-grade silver mineralization in the recent underground exploration and development on Soledad and Silvia veins, Caylloma Mine in Peru. The high-grade silver mineralization is hosted by semi-transparent to milky quartz veins containing silver sulfosalts, minor rhodonite bands, and traces of sphalerite, galena and pyrite. The Silvia Vein, located subparallel to [...]
Endeavour Silver Corp. reports exploration drilling on its San Pedro properties continues to expand three new zones of high grade silver-gold (lead-zinc) mineralization in Durango state, Mexico. Highlights of the latest drill results include 1,295 grams per tonne silver, 0.45 gpt gold, 1.46% lead and 2.95% zinc over 0.35 m (37.8 oz per ton silver over [...]
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