First Majestic’s Del Toro Mine Valued at $147 Million
Mining Weekly reported that a prefeasibility study gave First Majestic’s (NYSE:AG) Del Toro mine a net present value of $147 million.
Archive for 2012
Khalkos Expands Nanuq With New Claims Acquisition
Khalkos Exploration Inc. (TSXV:KAS) announced it has acquired new claims to expand the Nanuq copper-silver-gold property.
Silver Bull Increases Resources at Sierra Mojada
Silver Bull Resources, Inc. (TSX:SVB,AMEX:SVBL) announced that an updated technical report on the Mexico-based Sierra Mojada project has increased the resource estimate.
Sunset Cove Mining Completed First Drill Hole at Carolay
Sunset Cove Mining (TSX:SSM) reported that the first drill hole of this year’s diamond drill campaign has been completed. The hole was successfully drilled to a depth of 508 meters and has completely crossed the targeted #1 I.P. Anomaly. A new structure was also discovered at 181 meters down-hole measuring 1 meter in true width.
Silver Bull Increases the Shallow Silver Zone Silver Resource
Silver Bull Resources, Inc. (TSX:SVB) reported an increase in the Shallow Silver Zone resource by 39% to 72.13 million ounces of silver in the measured and indicated category and 10.49 million ounces of silver in the inferred category at the Sierra Mojada Project, Coahuila, Mexico. These results will be included in the updated NI 43-101 Technical Report currently being completed.
Silver’s Downtrend: Just Volatility?
Silver has been headed down for over two months. Is this just one of those volatile moments we were warned about?
Rising Silver Prices Also Boost Silver Stocks
Paragon Report released research on Silver Wheaton Corp. (NYSE:SLW), Pan American Silver (NASDAQ:PAAS) and the outlook for the silver industry.
Silver Falcon Sees $4.5 Million Profit from Diamond Creek Tailings
Silver Falcon Mining (OTCBB:SFMI) announced that the Diamond Creek milling facility is expected to generate $4.5 million in project.
Silvercorp Reaches Record Fiscal Net Income
Mineweb reported that Silvercorp (NYSE:SVM) reported it had a record earnings year even though profits dropped in the last quarter.
Golden Minerals Releases Silver Resource Estimate at Velardena
Golden Minerals Company (AMEX:AUMN) announced the results of a mineral resource estimate at the Mexico-based Velardena property.
