Xtierra Inc. (CVE:XAG) reports that it has filed its second quarter and half year results for the six months ended June 30, 2010. All dollar amounts are expressed in U.S. dollars until otherwise noted. For complete news release, click here. For Xtierra’s company profile, click here.
On average, Canada produces over 1000 tonnes of silver annually. While the provinces of New Brunswick, Quebec, and Ontario are responsible for the majority of that production, British Columbia, and the territories of Nunavut and the Yukon are quickly becoming hot beds for silver exploration and development projects.
Callinan Mines(CVE:CAA) reports the intersection of gold and silver bearing mineralization on their Coles Creek property. Assays of samples from diamond drill hole COLE 28 have confirmed an intersection of 21.25 meters of core length grading 3.368 g/mt gold, 15.33 g/mt silver, 2.04% zinc and 0.15% lead. Callinan’s President and CEO, Mike Muzylowski says: “These assay [...]
Some analysts actually expected silver prices to remain bullish this week in anticipation of a weaker dollar. But the greenback flipped the script on the white metal, pushing prices down as low as $17.80 late Wednesday morning. Along with silver prices, one silver miner was breaking investors' hearts as well: Coeur d'Alene Mines.
Cream Minerals Ltd. (CVE:CMA, OTC:CRMXF) reports that it is in discussion with a number of companies concerning the Nuevo Milenio silver-gold project. The discussions are intended to explore all avenues available to achieve maximum shareholder value at the Project. There are no royalties on the Project. For complete news release, click here. For Cream Minerals’ company profile, [...]
Xtierra Inc. (CVE:XAG) reports its beginning of a feasibility study on its Bilbao polymetallic deposit, Central Mexican Mineral Belt in the State of Zacatecas. Xtierra has retained Dowding, Reynard and Associates to prepare a feasibility study on its Bilbao project. DRA will now be involved in oversight of all of the component parts of the [...]
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.
Long-time silver investors are well aware that this isn’t the best time of year for precious metals as gold and silver prices trade sideways to lower, hitting bottoms by mid-August. Despite the depressing name, the summer doldrums do offer a ray of sunshine.
Several silver mining companies, including Great Panther Silver, Fortuna Silver, ECU Silver and Bear Creek Mining, have announced some interesting news this week.
Excalibur Resources (CNQ:XBR, FRA:X9CN) reports its completion of a non-brokered private placement to MineralFields Group. Each FT Unit will consist of one common share to be issued on a “flow-through” basis under the Income Tax Act (Canada) and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire an additional non-flow-through common share of [...]
Monday, August 30, 2010