By Melissa Pistilli-Exclusive to Silver Investing News Last week, the spot price of silver hit a 10-week low; however, spot prices began to recover later in the week as a faltering dollar and higher oil prices boosted its safe-haven appeal. Silver had a pre-summer doldrums rally on June 3, almost doubling its October 2008 low, [...]
Bear Creek Mining Corporation reports results from the second resource estimate at Santa Ana leachable silver deposit and new results from 28 additional diamond drill holes. Drilling at Santa Ana now totals 50,612 meters in 279 drill holes. Santa Ana is located 200 kilometers south of the Company’s Corani silver-base metal deposit in southeastern Peru. President and [...]
Canasil Resources Inc. reports a letter agreement with Pan American Silver Corp. giving an option for Canasil to earn a 51% interest in Pan American’s Escobar claims for US$1 million in exploration expenditures over 3 years. As described below, Pan American will then have the option either to back-in to a 51% interest in the combined claims [...]
Troymet Exploration Corp. reports an operational update to shareholders. - HUDBAY subsidiary exercises its right to earn back 20% in two claims at McClarty Lake, MB - Financing closed for $1.3 million - Enters agreement for investor relations services - 2008 exploration program at Golden Eagle, BC McClarty Lake Project, MB VP Exploration of Troymet, [...]
Wednesday, July 22, 2009