Archive for October, 2009

Maya Gold & Silver starts Drilling at Morocco

MAYA GOLD & SILVER (TSX VENTURE:MYA) today announced that a 7,500-metre drilling program has commenced at the Amimiz Gold & Silver project, Morocco. The press release is quoted as saying: Maya Gold & Silver Inc. is a Canadian mining company newly listed on the TSX Venture Exchange which focuses on the research of gold and [...]

Endeavour Silver completes $3.9M Private Placement

Endeavour Silver Corp. (TSX:EDR)(TSX:EDR.WT)(NYSE Amex:EXK)(DBFrankfurt:EJD) today announced that the company has completed its previously announced non-brokered private placement by issuing a total of 1,299,843 units of the Company for gross proceeds of $3,899,529. The press release is quoted as saying: Endeavour Silver Corp. is a small-cap silver mining company focused on the growth of its [...]

Silver Price: $20 in 2010?

By Melissa Pistilli-Exclusive to Silver Investing News After posting continued gains Monday morning, commodities prices fell across the board in the afternoon as the dollar bounced back from last week’s 14-month low against the euro. The silver spot price had touched $17.80 an ounce before dropping as low as $16.98 to finally close down 3.4 [...]

Silver Falcon Mining Ahead of Schedule at Diamond Creek Mill

Silver Falcon Mining, Inc. announced today that the company is now a half-week ahead of schedule on the construction and opening of its Diamond Creek Mill precious metal processing facility. The press release is quoted as saying: Silver Falcon Mining, Inc., is an exploration and development Company specializing in high-grade Gold and Silver mining properties [...]

Klondike Silver report on Drilling at Hewitt-Van Roi

Klondike Silver Corp. (TSX VENTURE:KS) today announced the completion of the preliminary phase of a test drilling projest in the Hewitt – Van Roi area in the southern region of the Slocan camp. The press release is quoted as saying: The Hewitt – Van Roi exploration area includes the past-producing Hewitt and Van Roi Mines, [...]

Golden Goliath reports New Gold/Silver Zone

Golden Goliath Resources Ltd. (TSX VENTURE:GNG) today announced that a new zone of gold and silver mineralization has been identified onthe company’s entirely owned Las Bolas property. The press release is quoted as saying: Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). The Qualified Person for [...]

Minco Silver Closes a Non-Brokered Private Placement

Minco Silver Corporation (TSX:MSV) announced today that the company has closed the non-brokered private placement financing previously announced on September 24, 2009. The financing was placed a total 8,175,179 Units at a price of $1.70 per Unit for a gross proceeds of $13,897,804. The press release is quoted as saying: Minco Silver Corporation (TSX:MSV) is [...]

Gold Summit include Half Warrant to Private Placement

Gold Summit Corporation (TSX VENTURE:GSM) today announced that the private placement announced on September 17, 2009 will now include a half common share purchase warrant. The press release is quoted as saying: Gold Summit Corporation intends to raise up to $750,000 in a non-brokered private placement, by issuing 3,750,000 units at a price of $0.20 [...]

Seafield appoints Chairman,CEO & Closes Private Placement

Seafield Resources Ltd. (TSX VENTURE:SFF) today announced the appointment of Eduardo Baer as Chairman and CEO of the Company. The Company also announced that it has completed the first tranche of a proposed 17 million unit financing. The press release is quoted as saying: As a result, the Company has issued 12,126,000 units at a [...]

Itronics plans on Silver Refinery Expansion

Itronics,a green silver-maker exhibits early benefit from the companies recently announced plans to expand its silver refinery. The press release is quoted as saying: The silver refinery expansion incorporates two new leaching processes, Itromet FeLix and Itromet Sulix, which provide the ability to separate nutrient metals and minerals (iron, zinc, and sulfur) from silver- and [...]