The silver market is experiencing strong downward pressure along with most of the commodity markets as traders struggle to find anything positive coming out of the bleak macro economic outlook in the United States and Europe.
The climbing price of silver has led to renewed interest in deposits which contain this precious metal, making some current mineral producers in British Columbia look to refocusing while the mineral is so valuable.
SLAM Exploration Ltd. (CVE:SXL) announced it has completed a drilling program on its Silverjack property in New Brunswick.
Alexco Resource Corp. (TSE:AXR) declares commercial production to have been achieved as of January 1, 2011 at its 100% owned Bellekeno silver-lead-zinc mine and mill complex in the Keno Hill Silver District.
Trevali Resources Corp. (TSE:TV) announces that detailed, systematic surface channel sampling of the high priority Puajanca North target has significantly increased the size of the silver-rich target.
Dundee Precious Metals Inc. (TSE:DPM) announces that the permitting process for its Krumovgrad gold project in Bulgaria has taken another step forward.
Avrupa Minerals Ltd. (CVE:AVU), formerly Evergreen Capital Ltd., is a junior exploration company based in Vancouver, Canada. The Company focuses on a variety of resources, particularly copper-zinc and tungsten deposits in Portugal, and silver-lead-zinc-gold deposits in Kosovo. The Company currently holds four licenses and one application in Portugal through its 90%-owned subsidiary MAEPA Lda. and two licenses in Kosovo through it's 92.55-owned subsidiary Innomatik Exploration Kosovo (IEK).
Molycor Gold Corp. (CVE:MOR) reports the identification of a mineralized sulfide zone during a field exploration program at Beaverdell Silver Property located 4 km southeast of Beaverdell, British Columbia.
Silvercorp Metals Inc. (NYSE:SVM) enters into an agreement to sell, to a syndicate of underwriters led by CIBC and BMO Capital Markets.
Southern Silver Exploration Corp. (CVE:SSV) reports that a formal agreement has been executed which grants Southern the right to acquire a 100% interest in the Cerro Las Minitas project.
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