Great Panther Resources reports its record setting trend with its production at its Mexican mines. The Company has successively increased production in nine of the eleven quarters since commencing production in the first quarter of 2006. The total year to date production of 1,312,397 silver equivalent ounces is 33% higher than the production for the same period in 2007. [...]
Endeavour Silver Corp. reports exploration drilling on its San Pedro properties continues to expand three new zones of high grade silver-gold (lead-zinc) mineralization in Durango state, Mexico. Highlights of the latest drill results include 1,295 grams per tonne silver, 0.45 gpt gold, 1.46% lead and 2.95% zinc over 0.35 m (37.8 oz per ton silver over [...]
Reuters(India) reports banks are meeting resurgent demand for silver with the uncertainty of the markets. India’s silver demand picked up a month ago as the trade set out to prepare for the festivals in October and intensified this month when the metal dipped to 11-month lows. On Friday, silver futures on the continuation charts of the [...]
MAG Silver Corp. reports assay results from an ongoing drill program on Cinco de Mayo property, Chihuahua State, Mexico. Holes 08-40, 44, 46, 48 and 52 all intercepted strong silver, lead, zinc and gold (see Hole 08-48 below) mineralization characteristic of the Jose Manto. Holes 08-48 and 08-52 show significant gold values, with 08-48 reporting 1.50 metres [...]
Oro Silver Resources reports of a NI 43-101 compliant mineral resource estimate for its 51% owned El Compas mine property, Mexico. This resource reported at a 3.0 g/t gold-equivalent cut-off relates to two vein zones identified on the property located at surface, namely the El Compas and El Orito veins. The mineral resource estimation follows a 5,400 [...]
The Chron.com reports Aurcana, a Canadian mining company, closed a $43 million deal to buy La Mina Grande. In the nearly seven decades since the closure of La Mina Grande, the richest silver strike in state history, this tiny settlement in the mountains between Marfa and Presidio has been on a slow, crumbling drift toward oblivion. Andy [...]
MAG Silver Corp. reports assay results for 10 diamond drill holes from its 100% owned Cinco de Mayo property, northern Chihuahua State, Mexico. The best new intercept is Hole 08-39, which cut 3.46 metres of 612 grams per tonne (g/t) silver (17.8 ounces per ton (opt), 11.59% lead and 13.20% zinc: including 2.36 metres of 772 g/t [...]
Wednesday, October 8, 2008