The project has a $241 million after-tax net present value.
Silver Mining News
Inferred resources add 400,400 tonnes averaging 434 grams silver, 1.34 grams gold, 2.86% lead and 2.97% zinc.
The price outlook is improving at a time when demand for gold’s cheaper cousin is poised to top production for a seventh straight year.
Aura states that an 865,000 tonne inferred ore zone grading 119 g/t silver and a 3.3 million tonne inferred ore zone averaging 0.51 g/t gold has been outlined by 14 drill holes at the project.
The assessment revealed that Pegmont has a mine life of 10 years at 3,000 tonne per day open pit followed by an underground operation.
The Canadian miner deemed as false the allegations in a letter given by a group of activists to the Mexican president, Andrés Manuel López Obrador.
In Q2 2019, analysts expect investment levels across the European mining sector will be sluggish.
The company tested targets near the Meteor zone, where 2011 drilling cut 17.5 metres grading 88.35 grams silver, 1.11% lead and 3.39% zinc.
The Vancouver-based miner is consolidating the Sascha - Marcelina project to make it 30,600 hectares big.
The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.
The miner, the world's largest primary silver producer and Mexico's No. 2 gold company, expects production of the grey metal to fall this year to between 58 and 61 million ounces.
Hole U18-1361 returned one of the highest grade drill holes ever completed at Red Mountain.
Integra Resources is buying the firm's War Eagle property, located on the Owyhee Mountains.
They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets.
The Canadian miner said it had churned out 24.8 million ounces of silver last year, just shy of the 25-26.5 million ounces expected.
The 66.7 sq. km project sits 24 km southeast of the city of Pachuca and along strike from the historic Pachuca-Real del Monte epithermal vein camp.
Silver just completed its worst year in three.
Up till now, metals were printed onto fabrics by coating the fabric with plastic.
The company is trying to find the mine’s higher grade zones; it will then designate the barren zones as support pillars in its mine design.
The company's Main Ridge project is located in an area where Spaniards mined placer gold in the 16th Century.
The company is currently drilling its Coringa gold project and aims to update its resource by the end of 2019’s first quarter.
By Thusday afternoon, Trevali's stock had dropped 10%.
New funds inject new life to existing projects.
The first use case will manage concentrate from Goldcorp’s Penasquito mine in Mexico.
Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada.