Silver

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC) is pleased to provide a final update on assay results from the 2021 diamond drill program at its 100% owned Corcoran Silver-Gold project ("Corcoran" or the "Project") in Nevada, USA. The results are from completed assay data in NSC's recent 3,040-meter diamond drilling program at the outcropping epithermal Corcoran Silver-Gold deposit located 80 miles north of Tonapah in southern Nevada

NSC has received analytical results from the last diamond (HQ) drill holes (CC21-08, 09, 10, 11, 12, 15 and 16) of the company's maiden drill campaign. Highlights of assay data for these holes include:

CC21-08

  • 1.35 meters from 20.12 meters @ 409g/t AgEq (395g/t Ag, 0.18g/t Au)

CC21-10

  • 26.32 meters from 62.00 meters @ 56g/t AgEq (38g/t Ag, 0.25g/t Au)
  • 44.04 meters from 94.64 meters @ 46g/t AgEq (25g/t Ag, 0.28g/t Au)

CC21-11

  • 14.23 meters from 125.27 meters @ 73g/t AgEq (50g/t Ag, 0.30g/t Au)

CC21-12

  • 1.58 meters from 186.42 meters @ 521g/t AgEq (516g/t Ag, 0.06g/t Au)

CC21-15

  • 12.15 meters from 194.55 meters @ 99g/t AgEq (63g/t Ag, 0.48g/t Au)

Mineralized intervals from many of the holes have been reported as data is returned from the laboratory CC21-01 (10th November 2021); CC21-04 and CC21-05 (14th December 2021); CC21-02, CC21-03, CC21-13, CC21-14 and CC21-17 (12th January 2022); CC21-06 and CC21-07 (18th January). The data from the reported holes in this announcement (CC21-8 to 12, 15, and 16) are new results and comprise the final assay results in the 2021 program. They are highlighted in Figure 1 (yellow dots) and Table 1 and drill hole locations are listed in Table 2.

CC21-08 is a vertical hole located near the southern end of the resource to 116.9 meters total depth. Most of the top 90 meters of this hole intersected mineralization including near-surface intersections ranging up to 395g/t silver (Figure 3). A shallow twin hole (CC21-08B) was completed to 20.1 meters to provide additional data for the poor sample recovery in the top few meters of CC21-08. Assays for CC21-08B confirmed surface mineralization (18.0 meters from surface of 45g/t AgEq).

CC21-09 is the southernmost drill hole completed in this program. No significantly anomalous silver and gold were returned and the mineralization intersected in CC21-08 appears to be offset to the southeast. Drill testing for a continuation of mineralization to the northwest of CC21-08 is planned in 2022.

CC21-10 is the most northern hole drilled during this program. Mineralization was most prominent in the lower half of the hole (26.32 meters from 62.00 meters of 56g/t AgEq and 44.04 meters from 94.64 meters to the bottom of the hole of 46g/t AgEq). NSC considers that there is considerable potential for mineralization with similar thickness and grade to continue to the north of CC21-10 and step-out drilling in this area is planned in 2022.

CC21-11 was completed near the centre of the drill area and intersected wide zones of appreciable silver and gold grades throughout the hole (Table 1).

CC21-12 was drilled to test the south east portion of the deposit and the 1.58 meters of 516g/t Ag from 186.42 meters may represent a feeder zone in this area. Deeper drill testing in 2022 is planned to test this target.

CC21-15 is located in the north west of the drill area (Figure 1) and was drilled to 254.5 meters towards grid east (135O) at a dip of -70 degrees. The thick intersections of silver-gold mineralization intersected throughout CC21-15 total 167 meters and include:

  • 45.32 meters from 54.86 meters @ 31g/t AgEq
  • 45.43 meters from 108.49 meters @ 43g/t AgEq
  • 53.92 meters from 162.04 meters @ 44g/t AgEq
  • 18.69 meters from 235.81 meters to the end of the hole @ 60g/t AgEq

The CC21-15 intersections show that the deposit is open to the north and northwest where it appears to dip to the west. Step-out drilling to test this extension is planned in 2022.

CC21-16 was angled at -70 degrees towards 270o to test for silver located along north-south oriented structure near the southern extent of the mineralization. No high-grade intersections were located although weak Ag-Au mineralization was intersected between 78.81-104.25 meters and this interval is likely to represent the southeast limit of the mineralization in this part of the deposit (Figure 2). Northwest from CC21-16 the mineralization has a northwest dip and drill targets of potential extensions will be targeted both to the west and at depth in planned 2022 drilling.

NSC's CEO Gary Lewis commented, "We are very pleased that the last holes of NSC's 2021 Corcoran drilling include further encouraging results. The deposit is clearly not closed by drilling in any direction or at depth. In particular CC21-15 and CC21-10, which are the most northern 2021 drill holes, intersected wide mineralized intervals. CC21-15 showed a combined total length of 167 meters of mineralization and best grades occurred near the bottom of this 254.5 meter angled hole. Similarly, CC21-10 intersected more than 70 meters of Ag-Au mineralization in the bottom half of the 138.7 meter hole."

"NSC is well advanced in preparations for drill permitting of the north, west and depth extensions of Corcoran in 2022 and are excited by the potential for considerable upside to both size and grade of the deposit."

Quality Assurance, Sampling and Assay Determinations

The diamond drilling was undertaken by Falcon Drilling, Inc, Nevada, using industry standard equipment and procedures. All drill core was HQ size. Drilling supervision and drill core logging and sampling was carried out by Ethos Geological, Inc under the direction of Mr Scott Close (President and Chief Geologist).

Drill hole orientation, down-hole survey data and collar coordinates were routinely gathered and drill core was logged (geological and geotechnical) and photographed prior to sampling. Drill core samples were collected at variable lengths (averaging 1m) and saw-sampled on-site prior to storage in a secure compound.

Collected intervals including quality control samples (duplicates, blanks and international standards) were forwarded by secure freight to ALS Chemex Labs, Inc in Reno, NV. Analytical procedures used four acid ICP-AES (code ME-ICP61) for silver and 32 elements and additional assays for ore-grade samples (Ag-OG62, ME-OG62). High silver grades (over 1500g/t Ag) were determined using fire assay method Ag-GRA21.

Qualified Person

The scientific and technical data contained in this news release was reviewed and approved by Ian James Pringle PhD, who is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

For further Information please contact:

Gary Lewis
Group CEO & Director, Nevada Silver Corporation
T: +1 (416) 941 8900
E: gl@nevadasilvercorp.com

Figure 1. Drill hole location map of the Corcoran Ag-Au deposit showing completed NSC drill holes with assay summary highlights. New data not reported in previous announcements is shown in red.

Figure 2. Cross section showing drill traces for drill hole CC21-16, CC21-06, CC21-01 and CC21-13 with significant zones of silver. The location of this section is shown on Figure 1.

Figure 3. Drill core photograph showing strong fracturing in mineralized near-surface drill core in CC21-08.

Table 1. Significant mineralized intervals in drill -cored holes completed by NSC at the Corcoran Silver-Gold Project.

hole ID

from

to

interval

Ag

Au

Ag grade x width

AgEq*

meters

meters

meters

g/t

g/t

g/m

g/t

CC21-01

0.00

96.00

96.00

19

0.21

1824

35

including

81.10

91.70

10.60

82

0.4

869

111

including

86.07

88.70

2.63

187

0.48

492

220

CC21-01

233.70

236.37

2.67

1219

1.82

3255

1336

including

233.70

235.03

1.33

2310

2.6

3072

2466

CC21-01

245.67

251.76

6.09

253

0.38

1541

277

CC21-02

73.00

76.45

3.45

98

0.87

338

163

CC21-02

98.27

124.87

26.60

75

0.28

1995

94

including

114.40

116.50

2.10

788

0.59

1655

832

CC21-02

144.50

150.62

6.12

12

0.29

73

34

CC21-03

8.18

74.00

65.82

10

0.23

658

27

CC21-04

29.85

172.00

142.15

13

0.38

1848

42

including

29.85

44.50

14.65

4

0.62

59

51

including

89.42

112.08

22.66

16

0.63

363

64

including

132.50

149.00

16.50

57

0.41

941

87

CC21-05

57.00

91.50

34.50

86

0.20

2967

100

including

70.00

71.50

1.50

1120

0.23

1680

1117

CC21-06#

0.00

204.67

204.67

21

0.29

4298

43

CC21-06

0.00

13.22

13.22

7

0.20

93

22

CC21-06

21.64

97.02

75.38

21

0.45

1583

55

CC21-06

111.50

194.87

83.37

29

0.25

2418

48

including

140.82

141.62

0.80

708

0.52

566

747

including

168.25

170.57

2.32

61

2.05

142

214

including

184.47

194.87

10.40

39

0.41

406

64

CC21-07#

11.28

95.40 EOH

84.12

6

0.26

505

26

CC21-08

7.31

31.39

24.08

63

0.12

1517

71

including

20.12

21.47

1.35

395

0.18

533

409

CC21-08

34.14

89.30

55.19

14

0.24

773

33

including

61.57

68.36

6.79

39

0.31

265

62

CC21-8B

0.00

18.00

18.00

25

0.28

450

45

CC21-09NO SIGNIFICANT ASSAYS

CC21-10

53.80

57.00

3.20

3

0.25

10

22

CC21-10

62.00

88.32

26.32

38

0.25

1000

56

CC21-10

94.64

138.68 EOH

44.04

25

0.28

1101

46

CC21-11

12.00

15.00

3.00

27

0.54

81

67

CC21-11

25.35

46.14

20.79

5

0.21

104

20

CC21-11

59.62

92.00

32.38

14

0.18

453

27

CC21-11

125.27

139.50

14.23

50

0.3

712

73

CC21-11

157.28

162.15

4.87

21

0.13

102

30

CC21-12

123.55

133.27

9.70

3

0.23

29

20

CC21-12

186.42

188.00

1.58

516

0.06

815

521

CC21-13

9.28

13.40

4.12

7

0.29

29

28

CC21-13

28.70

39.45

10.75

1

0.27

11

21

CC21-14

31.94

50.29

18.35

3

0.26

55

23

CC21-14

59.55

102.52

42.97

30

0.35

1289

56

including

76.40

84.70

8.30

96

0.74

797

152

including

113.51

120.78

7.27

65

0.15

473

76

CC21-15

39.32

42.33

3.01

2

0.34

6

28

CC21-15

54.86

100.18

45.32

11

0.26

499

31

CC21-15

108.49

153.92

45.43

28

0.21

1272

43

CC21-15

162.04

215.96

53.92

25

0.26

1348

44

including

194.55

206.70

12.15

63

0.48

765

99

CC21-15

235.81

254.51 EOH

18.69

38

0.29

710

60

CC21-16

78.81

104.25

25.44

8

0.26

204

28

CC21-17

16.20

22.65

6.45

6

0.2

39

21

CC21-17

35.15

41.14

5.99

20

0.23

120

38

CC21-17

87.56

149.85

62.29

75

0.25

4672

94

including

117.41

118.55

1.14

3470

0.96

3956

3542

Intervals are core length. True width of mineralization has not been calculated.
Drill location, altitude, azimuth and dip of drill holes are provided separately.
Quality control, Assay laboratory and analytical methods are detailed in the text of this report.
# Apart from these intervals a cut-off grade of 20g/t silver equivalent (AgEq) has been applied to calculate the length-weighted intercepts. No top cut has been applied for any interval.
Numbers are rounded.
* Silver equivalent values (AgEq) - Metal prices follow the NI43-101 Resource report on the Corcoran Canyon Project by Mosher and Smith (October 12, 2020) which used USD1460/ounce gold and USD17/ounce silver.
Precious metal recoveries off 98.2% Ag and 88.6% Au were determined by laboratory tests by ALS (USA) in December 2018 (reference RE18305962) and these are the most recent metal recovery data available. Although the current drilling is often located outside of the NI43-101 resource the results of this test work have been used in reported AgEq values until fresh metal recovery data can be completed on the drill core from this program.
AgEq has been calculated as follows: AgEq = (gold price/silver price) x (gold assay x 0.886) + silver assay x 0.982).

Table 2. Drill hole details for CC21-08 to 12, CC21-15 and CC21-16.

Drill hole

Drill collar location

Azimuth

Dip

Final Depth

WGS84 E

WGS84 N

degrees

degrees

meters

CC21-08

515537

4282480

0

-90

116.9

CC21-08B

515537

4282480

0

-90

20.1

CC21-09

515573

4282425

135

-70

102.1

CC21-10

515760

4282781

135

-70

138.7

CC21-11

515688

4282604

135

-70

175.3

CC21-12

515742

4282570

135

-70

211.2

CC21-15

515630

4282760

135

-70

254.5

CC21-16

515700

4282520

270

-70

153.6

About Nevada Silver Corporation

Nevada Silver Corporation (TSXV:NSC)(OTCQB:NVDSF) is a multi-commodity resource company with two exploration projects in the USA. NSC's principal asset is the Corcoran Silver-Gold Project in Nevada. In addition, NSC has management and ownership rights over the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, with US$24 million invested to date. Both Corcoran and Emily have been the subject of National Instrument 43-101 compliant mineral resource estimates.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including, without limitation, risks as a result of the Company having a limited operating history and may have a wide variance from actual results, risks concerning the ability to raise additional equity or debt capital to continue its business, uncertainty regarding the inclusion of inferred mineral resources in the mineral resource estimate which are too speculative geologically to be classified as mineral reserves, uncertainty regarding the ability to convert any part of the mineral resource into mineral reserves, uncertainty involving resource estimates and the ability to extract those resources economically, or at all, uncertainty involving exploration (including drilling) programs and the Company's ability to expand and upgrade existing resource estimates, risks involved in any future regulatory processes and actions, risks from making a production decision (if any) without any feasibility study completed on the Company's properties, risks applicable to mining exploration, development and/or operations generally, and risk as a result of the Company being subject to certain covenants with respect to its activities by creditors, as well as other risks.

Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

SOURCE: Nevada Silver Corporation



View source version on accesswire.com:
https://www.accesswire.com/685545/Nevada-Silver-Corporation-Reports-Final-Assay-Results-From-2021-Drilling-at-the-Corcoran-Silver-Gold-Project-Nevada-USA

News Provided by ACCESSWIRE via QuoteMedia

NSC:CA
Nevada Silver

Nevada Silver


Keep reading...Show less
Nevada Silver Commences First Exploration in More Than 100 Years at the Historic Belmont Silver Camp, Nevada, USA

Nevada Silver Commences First Exploration in More Than 100 Years at the Historic Belmont Silver Camp, Nevada, USA

Not for distribution to United States newswire services or for dissemination in the United States

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC)(OTCQB:NVDSF) is pleased to provide an update on exploration activities at the Company's 100%-owned Belmont Silver project in Nevada, USA

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nevada Silver Corporation Announces Changes to Private Placement Financing and Confirms DTC Eligibility

Nevada Silver Corporation Announces Changes to Private Placement Financing and Confirms DTC Eligibility

Not for distribution to United States newswire services or for dissemination in the United States

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC)(OTCQB:NVDSF) further to its press release of March 3, 2022, today announces that the brokered private placement financing announced on that date has been terminated. The Company further announces that it is in advanced discussions with a number of interested parties on a non-brokered private placement financing with further details to be announced in due course

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nevada Silver Corporation Announces Update on Emily Manganese Project and Further Detail on Belmont Silver Property Purchase

Nevada Silver Corporation Announces Update on Emily Manganese Project and Further Detail on Belmont Silver Property Purchase

Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company") further to its press release of December 21, 2021, is pleased to provide an update on its Emily manganese project (the "Emily Manganese Project"), which is held by its indirectly wholly owned U.S.A. subsidiary, North Star Manganese Inc ("NSM"). The Company has been and continues to be focused on its Corcoran Silver-Gold Project in Nevada, USA and as a result the Company announced on December 21, 2021, that it was considering its options with respect to the financing and commercialization of the Emily Manganese Project including a "spinout" of NSM or a joint venture of the Emily Manganese Project, based on receipt of tax, corporate and securities law advice (such transaction, a "Value Realization Transaction"). In that regard the Company is announcing that while its review is continuing it will conduct an offering of securities of NSM on a private placement basis (the "NSM Financing") to provide funds to NSM for any such Value Realization Transaction and to provide interim exploration financing and general working capital. NSM will offer up to 3,000,000 shares of NSM at a price of $0.25 per share for gross proceeds of up to $750,000. Prior to completing the NSM Financing, NSM will split its shares on the basis of 2.3483 new shares for each currently outstanding share as a result the outstanding shares of NSM will increase from 12,775,000 shares to 30,000,000 shares prior to completion of the NSM Financing. In the event the NSM Financing is completed in full, NSM will have 33,000,000 shares outstanding. In the event that the NSM Financing is completed in full, and a Value Realization Transaction is not completed, the Company's indirect shareholding in NSM will be reduced to a 90.9% indirect holding. The NSM Financing is subject to the approval of the TSX Venture Exchange. Any Value Realization Transaction will be subject to receipt of all necessary corporate, securities, shareholder, and regulatory approvals, including the approval of the TSX Venture Exchange. There can be no assurances that a Value Realization Transaction will be completed, either on the terms outlined, or at all. Please see the Company's filing statement dated April 20, 2021, for further information about the Emily Manganese Project, available under the Company's profile at www.SEDAR.com.

The Company is also pleased to announce further details regarding its acquisition of a total of 2,800 acres of unpatented and patented claims 15 kilometres southwest of the Company's Corcoran Silver-Gold Project and north-east of Tonopah in central Nevada, as discussed in the press release dated February 2, 2022. As part of the land claims acquisitions, the Company's indirect wholly-owned subsidiary North American Silver Corporation ("NAS") acquired five patented lode mining claims in Sections 25 and 36, Township 9 North, Range 45 East, MDM, Nye County, Nevada covering approximately 69.88 acres (the "Optioned Property") from Summa, LLC ("Summa") pursuant to an option and purchase agreement (the "Option and Purchase Agreement") dated as of February 11, 2022 (the "Effective Date"). The purchase price for the Optioned Property is US$10,000 per acre (or part thereof), or a total of US$700,000 (the "Purchase Price"). NAS has the option to defer payment of the Purchase Price for up to five years by paying cash or issuing common shares of the Company (the "Common Shares") on the anniversary date(s) of the Option and Purchase Agreement, or until February 11, 2027, in the following amounts: (i) on the Effective date, US$30,000 of Common Shares at a deemed price of Cdn$0.32 per share; (ii) on the first anniversary of the Effective Date, US$35,000 in cash or Common Shares (at the option of Summa) at a price per share equal to the 10 day VWAP; (iii) on the second anniversary of the Effective Date, US$40,000 in cash or Common Shares (at the option of Summa) at a price per share equal to the 10 day VWAP; (iv) on the third anniversary of the Effective Date, US$45,000 in cash or Common Shares (at the option of Summa) at a price per share equal to the 10 day VWAP and (v) on the fourth anniversary of the Effective Date, US$50,000 in cash or Common Shares (at the option of Summa) at a price per share equal to the 10 day VWAP. On the fifth anniversary of the Effective Date, the Company must pay the Purchase Price to Summa to acquire the Optioned Property. The Company may exercise the option to purchase the Optioned Properties at any time by paying the Purchase Price. The issuance of the shares to Summa in connection with the Option and Purchase Agreement is subject to the approval of the TSX Venture Exchange. The exercise of the Option is at the discretion of NSM.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Nevada Silver logo

Nevada Silver Corporation Announces $7 Million Brokered Private Placement

Nevada Silver Corporation (TSXV:NSC) (OTCQB: NVDSF) ("NSC" or the "Company") is pleased to announce that it has engaged Canaccord Genuity Corp. (the "Lead Agent") on behalf of a syndicate of agents (collectively with the Lead Agent, the "Agents"), on a commercially reasonable efforts private placement basis for the sale of units (the "Units") of the Company at a price of $0.30 per Unit (the "Offering Price") for aggregate gross proceeds of up to $7,020,000 (the "Offering"). Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share of the Company (a "Warrant Share") at a price of $0.45 per share at any time prior to 5:00 p.m. (Toronto time) on the day that is 24 months from the Closing Date (as hereinafter defined), subject to adjustments in certain events. The Agents shall have the option, exercisable at any time prior to the closing of the Offering, to increase the size of the Offering by up to $3,000,000.

The net proceeds of the Offering will be used to further exploration and development of the Corcoran Canyon silver-gold property (the "Corcoran Project"), to undertake drilling at the recently acquired Belmont silver property (the "Belmont Project"), both located in Nye County, Nevada, USA, and for working capital and general corporate purposes.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Nevada Silver

Nevada Silver Corporation Announces Closing Of $2,000,000 Financing

Nevada Silver Corporation ("NSC" or the "Company") (TSXV:NSC) (OTCQB:NVDSF) is pleased to announce that it closed a non-brokered private placement financing for aggregate gross proceeds of $2,000,000 (the "Offering"). Pursuant to the Offering, the Company issued 6,670,000 units (the "Units") at a price of $0.30 per Unit. Each Unit was comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable to acquire one Common Share at an exercise price of $0.45 per share for a period of 24 months from the date of issuance, subject to adjustments in certain events and the Acceleration Right (as defined below

In the event that the closing price of the Common Shares of the Company on a recognized stock exchange (including the TSXV) is equal to or greater than $0.80 per share for a period of at least ten (10) consecutive trading days (an "Acceleration Event"), the Company will have the right to accelerate the expiry date of the Warrants to a date that is 30 calendar days after notice is given of such Acceleration Event by way of news release.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
"volatility" written on blocks with laptop

VIDEO — Peter Krauth: Silver "Very, Very Undervalued," Ways to Play this Volatile Sector

Peter Krauth: Silver "Very, Very Undervalued," Ways to Play this Volatile Sectoryoutu.be

Peter Krauth, editor of Silver Stock Investor, joined the Investing News Network to discuss his new book, "The Great Silver Bull: Crush Inflation and Profit as the Dollar Dies."

Although gold is the most popular of the precious metals, silver has a loyal following, and Krauth believe it's set to shine brightly as market elements like inflation spiral out of control.

"It's very, very undervalued," he explained during the interview. "It's very difficult to find a better value for your money right now — silver is definitely the place for that."

Keep reading...Show less
CMX Gold & Silver

CMX Gold & Silver: Restarting the Past-Producing Clayton Silver Mine in Idaho

CMX Gold & Silver (CSE:CXC,OTC:CXXMF) is an exploration and development mining company, focused on Idaho's historic gold and silver assets. The company’s flagship project is the Clayton Silver Mine, a past-producing asset that operated for 50 years and has historically mined over two million tonnes of ore. CMX Gold & Silver also has a stockpile of at least 500,000 tonnes of rock and plans to generate cash flow in 2023 by processing the stockpile. The company has a strong capital structure with no legacy or sweat equity debt.

investingnews.com

Keep reading...Show less

MAG Silver Reports First Quarter Financial Results

MAG Silver Corp. (TSX NYSE American: MAG) ("MAG," "MAG Silver" or the "Company") announces the Company's unaudited financial results for the three months ended March 31, 2022. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2022, please see the Company's filings on SEDAR ( www.sedar.com ) or on EDGAR ( www.sec.gov ).

All amounts herein are reported in $000s of United States dollars ("US$") unless otherwise specified.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Silver Hammer President Morgan Lekstrom

Silver Hammer President Morgan Lekstrom: Modern Approaches to Historical Deposits

Silver Hammer President Morgan Lekstrom: Modern Approaches to Historical Silver Depositsyoutu.be

Keep reading...Show less
Galena Mining

Abra Construction 63% Complete At End of April

GALENA MINING LTD. (“Galena” or the “Company”) (ASX: G1A) is pleased to announce that the construction progress at its Abra Base Metals Mine (“Abra” or the “Project”) has reached 63% complete on 30 April 2022. Construction achievements during the month include completion of the first 1,000m of decline development and the commencement of the mining the first underground diamond drill chamber. Both GR Engineering Services Ltd. (“GR Engineering”) and Contract Power Australia Pty. Ltd. have made excellent progress at the processing plant and the power station sites.

Keep reading...Show less

Endeavour Silver Announces 2022 Annual General Meeting Voting Results

Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) is pleased to announce that at the Company's 2022 Annual General Meeting ("AGM") held on May 12, 2022 in Vancouver, shareholders voted in favour of all items of business. A total of 74,416,771 votes were cast or represented by proxy at the AGM, representing 43.57% of the outstanding common shares as of the record date. The following is a tabulation of the votes submitted by proxy:


DIRECTORS

NUMBER OF SHARES PERCENTAGE OF VOTES
CAST
FOR WITHHELD/
ABSTAIN
FOR WITHHELD
Margaret M. Beck 44,199,571 1,947,032 95.78% 4.22%
Ricardo M. Campoy 44,287,849 1,858,754 95.97% 4.03%
Bradford J. Cooke 42,952,074 3,194,529 93.08% 6.92%
Daniel Dickson 45,220,569 926,034 97.99% 2.01%
Amy Jacobsen 45,163,634 982,969 97.87% 2.13%
Rex J. McLennan 42,409,137 3,737,465 91.90% 8.10%
Kenneth Pickering 44,867,006 1,279,596 97.23% 2.77%
Mario D. Szotlender 44,085,535 2,061,067 95.53% 4.47%

All director nominees were re-elected.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×