Kootenay Gold (TSX-V:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively. Kootenay’s CEO Jim McDonald is quoted as [...]
Allied Nevada Gold Corp. offered a summary of the preliminary results from metallurgical testing on sulfide-bearing gold and silver mineralization at its 100% owned Hycroft gold mine located near Winnemucca, Nevada. Scott Caldwell, President & CEO, stated: We are encouraged by these positive preliminary results on the sulfide material at Hycroft. Our objective of confirming [...]
Blue Note Mining Inc. announced that six diamond drill holes intersected over 20 grams per tonne of silver mineralization over one meter intervals on its Armstrong properties near the Caribou Mines in New Brunswick. For full story, click here
Overview In true Western entrepreneurial spirit, Hi Ho Silver Resources’ experienced managerial team is dedicated to establishing strategic relationships with industry leaders. Minimizing risk, while maximizing opportunities for success will provide investors with astable platform for investment in the mineral exploration field. Hi Ho Silver Resources has a well diversified management team, headed by Presidentand [...]
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 [...]
By Melissa Pistilli-Exclusive to Silver Investing News Did you see silver drop as low as $9.35/oz today? And the Dow briefly fall below 8,000? Some of you may be wondering, “As the markets plunge at a devastating pace, why is the price of a safe haven commodity like silver not soaring through the roof?” I [...]
Silver Spruce Resources reports an update on the exploration drilling on its gold-silver project in Centauro, Mexico. The highlight is a bonanza value of an average of 919 ppm Ag over a 1.5 meter interval in drill hole CEN-08-4, located on the western side of the Centauro mesa. Two separate analyses from the same pulp gave [...]
By Melissa Pistilli-Exclusive to Silver Investing News Tuesday was another bleak day for those in the mining industry, especially for those stocks listed on the commodities-heavy TSX. After dropping over 7 per cent on Monday, the diversified metals index lost another 5+ per cent. There are still some die hard bulls, however, who have managed to maintain [...]
ECU Silver Mining reports results from drilling of the massive sulphide discovery hole SJ18-21 in the July press release. The M-S Discovery Hole had intersected two massive sulphide veins (the “M-S Veins”) at depth below the Santa Juana vein system within the Velardena Property. Two follow-up drill holes, SJ18-22 and SJ18-23 cut i) 5.9 grams per tonne (g/t) [...]
By Melissa Pistilli – Exclusive to Silver Investing News Several forces are colluding right now to depress the silver price. Major reasons cited for the downturn are the dollar’s rise, the crude oil price tumble, and rebounds in the US equities market, which have made precious metals less attractive as a hedge against inflation. On Friday, the dollar experienced its [...]
Wednesday, April 29, 2009