Articles Tagged "silverstone"

Silver Prices: Pullback Before Rally?

By Melissa Pistilli-Exclusive to Silver Investing News After reaching a nine-month high on Friday, the spot price for July silver on the COMEX closed down 8 cents to $14.61 an ounce Tuesday on a rebounding dollar, a slight Wall Street rally and profit-taking. But many industry analysts view this dip as merely a pullback before [...]

Silverstone Completes Purchase of Silver From Sherwood

Silverstone Resources Corp. is pleased to announce that it has closed its previously announced transaction with Sherwood Copper Corporation to purchase all of the payable gold and silver from the Minto Mine in the Yukon, Canada, over the life of the mine starting December 1, 2008. For full story, click here

Silverstone to purchase entire output of Sherwood

Silverstone Resources Corp. said that it has agreed to buy 100% of the life-of-mine payable gold and silver output from Sherwood Copper Corporation’s Minto mine based in the Yukon, Canada. Darren Pylot Silverstone’s President & CEO , said: This transaction with Sherwood will more than double Silverstone’s silver equivalent ounces in 2009. We are very pleased to have [...]

Silverstone to release second quarter results

Silverstone Resources Corp. reports that its second quarter results will be released on Tuesday August 19, 2008 after market close and will host a conference call on Wednesday August 20, 2008 at 8:30am PST (11:30am EST) to discuss these results. The conference call may be accessed by dialing 1.866.365.1119 in North America and 1.416.849.7329 Internationally. Please ask [...]

Silverstone releases initial mineral resource estimate

Silverstone Resources Corp. reports its initial mineral resource estimate for its Copala silver project, Sinaloa State, Mexico. To date, Silverstone has focused its drilling on two of the more than 9 known vein and manto systems on the Copala Property. These are the Animas Refugio vein and La Colorada vein-mantos. On the Animas Refugio vein system, [...]

Silverstone provides Q2-2008 silver sales

Silverstone Resources Corp. reports sales of 462,000 ounces of silver in second quarter of 2008. Silverstone has forecast fiscal 2008 silver sales of 2,155,000 ounces. Silverstone purchased Q2 – 2008 production at an average cost of US$3.97 per ounce. The cost of silver is fixed at less than US$4.00 per ounce through 2010. For full details [...]