Rochester Resources Ltd. declared that it has received the results of an extensive review of the geology, structural setting and mineralization of the Mina Real District, Nayarit State, Mexico. Eduardo Luna, President and CEO, stated: While more work is required, we have been encouraged that all studies confirm the high potential of the district and [...]
Silver futures rose 1.69 per cent in early trade on the Multi Commodity Exchange on emergence of brisk buying by speculators following an upsurge in the spot market. For full story, click here
Mirasol Resources Ltd. declared that Phase 2 drilling is in progress at the La Negra and La Morocha silver-gold discoveries on its 100% owned Joaquin project in Santa Cruz province Argentina. For full story, click here
First Majestic Silver Corp. declared that production in the first quarter ending March 31, 2009 consisted of 1,040,117 equivalent ounces of silver. For full story, click here
Pinnacle Mines Ltd. announced the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. For full story, click here
First Majestic Silver (TSE:FM) reported today that they produced over one million ounces of silver in the first quarter of 2009. Overall head grade across FM’s three mines in Mexico increased to 222 grams per tonne of silver, increasing from 207 g/t Ag in the last quarter of 2008. Recoveries are expected to increase significantly [...]
International Northair Mines Ltd. declared that it intends to complete a non-brokered private placement of up to 10,000,000 Units at a price of $0.05 per Unit. For full story, click here
San Anton Resource Corporation revealed that its principal shareholder, Kings Minerals NL, based in Australia and listed on the Australian Stock Exchange, has completed the previously announced share purchase plan offer to its own shareholders, raising a total of AUD$886,500. For full story, click here