Ireland Inc. today reported it has recently completed the installation of the gravity concentration circuit at its Columbus Project in Esmeralda County, Nevada. The pilot plant is now capable of both producing and leaching concentrates from the sand material that is located in the northwest section of the Columbus Project Property.
Focus Ventures Ltd. is pleased to announce encouraging results from surface sampling at the Don Blas target located on its Santa Cruz property, Durango, Mexico. The results of Focus's initial sampling were announced on March 19, 2012 and included a 22m section that averaged 377.8 g/t Ag.
Golden Reign Resources has announced that it has encountered a multi-ounce intercept of gold and silver from Arras zone mineralization located in hole AR 12-36 drilled at the San Albino Mine.
Kootenay Silver and Pinecrest Resources have announced results from the phase I drill program carried out at the Espiritu polymetallic vein/breccia project located in Mexico.
Stephen M Smith who is the managing member at Smith McKenna, LLC has been following silver for decades. He argues that a silver investment is actually a better choice for investors over gold right now, for the very reason that some choose to ignore it. Silver has very large ties to industrial uses and is heavily influenced by supply and demand. Because of this and the constant advancements for its applications, investing in silver now before the global manufacturing machine kicks into overdrive, means higher potential gains by investors.
Santa Fe Gold Corporation is pleased to report that production levels have continued to increase at its Summit silver-gold mine in southwest New Mexico. The company anticipates the mine will reach its targeted monthly production rate of 10,000 tons beginning June 2012. Production for April and May averaged 8,262 tons per month, up 88% from the 4,400 tons mined in March. Delivery of new mining equipment including underground loaders, drills and trucks is expected to facilitate sustained mining rates. Revenues are expected to continue to increase during 2012 and 2013 as the mine reaches higher grade portions of the ore body.
The thoughts of millions of ice hockey fans turned to silver this week - more specifically, to the nearly 35 pounds of silver in the National Hockey League's Stanley Cup, the century-old championship symbol of professional hockey. The Los Angeles Kings ultimately lifted high the iconic trophy made of sterling silver.
MAX Resource Corp. has completed eight holes (872 meters) of the Phase III core drilling program at its Majuba Hill silver/copper/gold project in Nevada. Of these eight holes, the first hole (MM-21) was drilled to a depth of 351 m and tested the southeast extension of near-surface high-grade supergene oxide mineralization identified by Max at the historic Majuba Hill mine during 2011. The remaining seven holes followed up on the discovery hole (MM-18) at the DeSoto zone 1.4 km to the northwest, where MAX intercepted 29.2 m of 98.3 g/t Ag silver equivalent ("AgEq").
Oremex Silver announced that it has released encouraging results from a surface outcrop sampling campaign carried out at the El Doctor zone, located in the San Lucas silver project. Surface sampling was not formerly performed at the El Doctor zone.
Mirasol Resources has declared that a 2,600 m of diamond drilling campaign has been completed at the Rio Seco gold-silver vein prospect, which is a part of the Claudia project situated near the Cerro Vanguardia gold mine.
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