Apogee Silver Ltd. (TSXV:APE) announced the closing of a private placement offering of 70,370,000 Units at a price of $0.05 per Unit, for aggregate gross proceeds of $3,518,500.
Articles Tagged "Apogee Silver Ltd."
Apogee Silver Ltd. (TSXV:APE) provided an update on the Pulacayo development. The Company conducted further bulk-scale flotation tests undertaken on mineralized material from the project and recovery results are improving. Zinc-silver concentrates were also produced. The Company also filed a NI 43-101 Technical Report on SEDAR.
Apogee Silver Ltd. (TSXV:APE) announced the results from a positive Feasibility Study meant to advance the silver-lead-zinc deposit in the Company's Pulacayo property in Bolivia. The Feasibility Study confirms the technical and financial viability of a silver-lead-zinc mine at the Pulacayo property and 2.6 million silver equivalent ounces are expected to be produced per year on average for the first six years.
Apogee Silver Ltd. (TSXV:APE) received US$ 609,000 from Consorcio Minero S.A. (Cormin), a wholly-owned subsidiary of the Trafigura Group - approximately 85% of the gross proceeds - for the delivery of over 95 dry tonnes (DMT) of lead-silver and 99 DMT of zinc-silver concentrates after its successful custom milling, bulk-scale flotation tests undertaken on mineralized material from the Pulacayo Deposit. Once final analysis of the concentrates is completed, the outstanding balance will be expected early in 2013.
After losses last week prompted by one central bank — the Federal Reserve — silver gained on news from the ECB, another central bank.
Apogee Silver Ltd. (TSXV:APU) announced a positive outcome from a community consultation meeting in Pulacayo. The meeting was held on Dec 4, 2012 in regards to the proposed development of the Company's Pulacayo project in the Potosi region of Bolivia.
Apogee Silver Ltd.(TSXV:APE) announced the latest updates from its Bolivian Pulacayo project. Mr.Chantal Lavoie has also been appointed to the Company's Board of Directors. Apogee are hoping to complete a mineral resource estimate at Pulacayo by June 2012.
Assay results from 21 diamond drill holes of the silver oxide program at Pulacayo, including Hole 11PUD221 which intersected 30 meters grading 129.0 g/t silver, and 26 meters grading 68.7 g/t silver, were announced by Apogee Silver Ltd. (TSXV:APE).
Apogee Silver Ltd.(TSXV:APE) announced that they are one month ahead of schedule with trial mining operations at their 100% controlled Pulacayo silver deposit. Trial operations produced the first ore extraction and initial sampling also returned higher than expected grades. As quoted in the press release:
Apogee Silver Ltd. (TSXV:APE) reported the results of an independent resource estimate on the Pulacayo Deposit located in southwestern Bolivia, which includes 29.34 million ounces of silver in the Indicated category plus 26.24 million ounces of silver in the Inferred category. As quoted in the press release: