South American Silver Corp.(TSX:SAC) announced that it has closed the final tranche of its $16 million private placement. The final tranche of $9.6 million was paid on the placement which was announced on April 16, 2012.
South American Silver Corp.(TSX:SAC) announced a private placement of 10 million units at a price of $1.60 per unit. The placement is in conjunction with a number of Asian technology companies and should result in gross proceeds of approximately $16 million. The Company expect to placement to close before the end of April.
South American Silver Corp.(TSX:SAC) announced highlights of its recent progress at both its Escalones and Malku Khota projects. Exploration and development programs along with enigneering and metallurgical testing are currently underway at both projects.
The first independent NI 43-101-qualified resource estimate for South American Silver Corp.'s (TSX:SAC,PINKSHEETS:SOHAF) 100%-controlled Escalones copper-gold-silver project in central Chile defined an Inferred Resource of 420 million tonnes of mineralized material containing 3.8 billion lbs of copper.
South American Silver Corp.(TSX:SAC) is expecting its first independent NI 43-101 compliant resource estimate by the end of 2011. These results will coincide with the commencement of the Phase II exploration program at Escalones. As quoted in the press release:
South American Silver Corp. (TSX:SAC) reported the release of its unaudited interim consolidated financial statements for the three and nine months ended September 30, 2011 and the related management's discussion and analysis of financial position and results of operations.
South American Silver Corp. (TSE:SAC) reports the release of its unaudited interim consolidated financial statements for the three and six months ended June 30, 2011 and the related management's discussion and analysis of financial position and results of operations.
South American Silver Corp. (TSE:SAC) reports that it has filed the detailed NI-43-101 technical report for the Preliminary Economic Assessment on its Malku Khota silver-indium project.
South American Silver Corp. (TSE:SAC,PINK:SOHAF) announced an update on whether changes to legislation in Bolivia will affect its mine operations.
South American Silver Corp. (TSE:SAC) reports on the clarification of private ownership and an update on the Malku Khota project.
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