Recognized as one of the world’s top resource producing and exporting nations, Australia is well-known for its vast wealth of metals and minerals that includes coal, uranium, copper and gold. Lesser known is the significant role silver mining has had in the country’s history.
Hana Mining Ltd., (CVE:HMG) reports results from the ongoing water exploration drilling program near the Banana Zone at the Ghanzi sediment hosted Copper-Silver Project in Botswana.
Soltoro Ltd. (CVE:SOL) reports that the company has received the results of diamond drill hole R10-DDH49 on its El Rayo primary silver project.
Source Exploration Corp. (CVE:SOP) reports that a total of 995,000 stock options, expiring on October 18, 2015, to purchase Source Exploration common shares are being granted to directors, officers and consultants. The exercise price is $0.28 per share.
Silver is an extremely rare metal only occurring in igneous rock at a concentration of only 0.07 parts per million. For comparison, copper is approximately 785 times more prevalent. Due to its rarity, the main concern in gauging the potential value of a silver deposit is the amount of metal present.
Xtierra Inc. (CVE:XAG) reports the completion of the 9 holes at Bilbao. A second drill rig was recently mobilized to accelerate progress with the geotechnical and wider exploration portions of the program.The Company is pleased to announce that mineralization has been encountered in the first two step-out holes (X-84 and X-85) to the south, extending the [...]
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
Overview Aquiline Resources Inc. (Aquiline) is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay). What We Like About Aquiline Resources! 632 million ounces silver measured and indicated 119 million ounces [...]
First Majestic Silver reports an update regarding its activities in Mexico at the Del Toro Silver Mine. The Del Toro deposits types consist of fissure-filled (veins), metasomatic replacement (mantos) and cavity-filled (breccia pipes, chimneys and stockwork zones). These deposits have originated from hydrothermal solutions related to igneous activity. They consist of underground polymetallic silver / [...]
Metalline Mining reports that a new resource model has been completed on the Sierra Mojada, Coahuila, Mexico Oxide Zinc mineralization. The new model was completed by world-recognized Pincock, Allen, and Holt, and more than doubles the amount of zinc present in the deposit. The current model incorporates new drilling results and a complete suite of silver [...]
Monday, October 3, 2011