Quaterra Resources Inc. reported that it has intersected significant silver mineralization in one hole drilled at its 100%-owned Americas project in Durango, Mexico. Tom Turner, Quaterra’s Manager of Mexican Exploration, said: The Americas-Mirasol-Tecolotes concessions cover a huge hydrothermal system in the heart of the Mexican Silver Belt. For full story, click here
Kootenay Gold Inc. reported today that grab samples at its Promontorio property in northwest Mexico have identified 7 new mineral zones. Assays from the grab samples returned values as high as 799 g/t silver and 12.05 g/t gold. One sample, not included in the calculations assayed 181 g/t gold. Kootenay CEO James McDonald is quoted [...]
At Guanajuato, another new discoveries is a high grade silver-gold vein close to some old mine workings that was found by two drill holes in Q3, 2008, accessed by a new underground crosscut in Q4, 2008, and developed into production in January. For full story, click here
Kootenay Gold (CVE:KTN) reported today on 5 drill holes at the Promontorio project in Sonora State, Mexico. Three of the step out holes contained high grade mineralization 1600 meters from the main PIT discovery zone. Jim McDonald, Kootenay’s CEO is quoted as saying: This structure can be traced for at least 2 kilometers northwest of [...]
Discovery Metals had a highly successful quarter in terms of: development work, reduced costs and improved returns for the Boseto Copper Project, as well as an increase in total mineral resource at Boseto. For full story, click here
The company had a highly successful quarter in terms of: development work, reduced costs and improved returns for the Boseto Copper Project, as well as an increase in total mineral resource at Boseto. For full story, click here
Bayswater Uranium Corporation informed about the discovery of a 5 km long, new uranium-bearing mineralized trend located approximately one kilometer northwest of Boiteau Lake in the Company’s 100% owned CMB Uranium Property of Labrador. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News Silver has managed to remain above the crucial psychological $9/oz level for the past week, holding steady above $9.20/oz. Chintan Karnani of Insignia Consultants believes Friday’s close was significant for both precious metals. “Technically, gold and silver are in a neutral zone with a slightly bullish bias,” he [...]
By Melissa Pistilli – Exclusive to SilverInvestingNews.com Update! Those investors who bought silver last week under anticipation of a bust through $21/oz woke up with a slight hangover this morning. Watching silver slump from $19.31 to $18.46 and further sink to $17.90 yesterday was enough to give me a headache. But, now at $17.33/oz I’m [...]
Overview Avino Silver & Gold Mines Ltd. is a Vancouver based mining\exploration company focused on precious and base metals in Mexico and Canada. Avino is currently working to re-activate the Avino mine, an important historical producer of silver, gold, copper, lead, and zinc located in the Durango State of North Central Mexico. Current work is [...]
Thursday, March 19, 2009