ECU Silver Mining Inc. (TSX:ECU) announced that the company has released its audited consolidated financial statements for the year ended December 31, 2009 and the related management’s discussion and analysis of financial position and results of operations.
North Bay Resources Inc. (PINKSHEETS: NBRI) report that Silver Quest Resources Ltd. reported that its Board of Directors has approved a $2.2 million budget for the Capoose Project.
RX Exploration Inc. (CNSX:RXE)reported that the company has completed tranches of its partially brokered private placements totaling 10,511,558 units at $0.30 per unit for gross proceeds of $3,153,467.
Arco Resources Corp. (TSX VENTURE:ARR) reported that the company has closed the second and final tranche of its non-brokered private placement announced on February 11, 2010 to complete the full private placement with gross proceeds totaling $1,291,500.
Precious Metals Exchange Corp. (PINKSHEETS: PRMX) reported the hiring of Jason Ford to head the business development department for PRMX.
Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) reported that the company has entered into a strategic relationship with the Trafigura Beheer B.V., a privately-held international commodity trader, in regards to the Invicta Mining Project located in the Province of Lima, Peru.
Iberian Minerals Corp. (TSX VENTURE:IZN) reported financial and operating results for the year ending December 31, 2009, with comparative figures for the year ending December 31, 2008.
SNS Silver Corporation (TSX VENTURE:SNS) provided an update of the progress on its Emerald Lake Gold Project where drilling has been in process for the past three months.
Shoshone Silver/Gold Mining Company (OTCBB: SHSH) reported that the company has signed a 2010 contract for its silver concentrates produced at Shoshone’s Lakeview Mill in northern Idaho.
When precious metals prices got a boost from the dollar’s losses Monday, silver shot up nearly 3 percent while gold barely moved up less than a quarter percent from Friday. Silver’s industrial side is partly responsible for its continued outperformance of gold in the precious metals market.
Wednesday, March 31, 2010