Silver is feeling the pressure from both the precious metals sector, with gold dropping to its lowest close in three months, and the industrial sector as investors worry that the economic recovery is stalling.
Itronics Inc. (PINKSHEETS: ITROD) reported that silver sales by its wholly-owned subsidiary, Itronics Metallurgical, Inc., for the second quarter of 2010 were up 24 percent compared to the same period in 2009.
Soltoro Ltd. (TSX VENTURE:SOL)reported that it has compiled results of a comprehensive programme of channel sampling in surface trenches over the previously producing Catarina Mine zone on its El Rayo property in Jalisco Mexico.
MARIFIL MINES LTD. (TSX VENTURE:MFM) announced that NovaGold Resources Inc. has successfully completed its due diligence studies on Marifil’s title to the San Roque project.
Excalibur Resources Ltd.(CNSX:XBR, FWB:X9CN ) is a junior mining company focused on the development of a 250 tpd gold-silver mine in an historic Mexican Gold District which is almost permitted and currently being installed.
Mountain Boy Minerals Ltd. (TSX VENTURE:MTB) announced that Great Bear Resources Ltd. (CNSX:GBR) has released the first drill results from the BA project in the Eskay Creek mining district near Stewart, northern British Columbia.
Mala Noche Resources Corp. (TSX VENTURE:MLA) announced that it has filed its second quarter unaudited consolidated financial statements and management’s discussion and analysis for the three months ended June 30, 2010.
Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) announced that its unaudited 2010 second quarter results will be released on Wednesday, August 11, 2010 after market closes.
Wildcat Exploration Ltd. (TSX VENTURE:WEL) announced that, subject to regulatory approval, it intends to close a non-brokered private placement of Units to raise gross proceeds of up to $250,000.