Resource News

Recent drilling results. Endeavour recently disclosed drilling results associated with the Guanacevi and Bolanitos mines, and the Parral exploration project. Drilling programs at existing mines are intended to support reserve replacement and resource expansion, while drilling at Parral builds on an existing mineral resource estimate. Extending the life of existing mines. At Guanacevi, underground drilling continues to expand extensions of the El Curso and the Santa Cruz South (SCS) ore bodies. Through October, the company completed 38 holes, representing more than 14,000 meters of drilling, at Guanacevi. Since the beginning of the year, over 11,500 meters in 59 holes have been drilled at Bolanitos intersecting multiple mineralized structures near current workings. Exploration drilling is ongoing at both operations and will continue in 2022. Expanding the resource at Parral. The Parral project is in a silver mining district with 4 distinct mineralized vein systems in the State of Chihuahua, Mexico. Indicated and inferred mineral resources include 4.0 million and 35.0 million ounces of silver, respectively. Drilling started in March in areas of the La Colorada vein. Through November, the company drilled over 14,000 meters in 59 holes that have returned favorable results, including high grade silver intercepts. Drilling is expected to continue into 2022 to support an expanded resource estimate and preliminary economic assessment. Keeping tabs on Terronera. The Terronera project, which would roughly double Endeavor's production profile, represents the largest near-to-intermediate-term source of growth. Once financing is in place, which could be in early 2022, the Board will approve construction which is expected to take 24 months with Terronera expected to achieve commercial production in the first half of 2024. Our Market Perform rating is based on Endeavour's valuation and near-term growth outlook. Read More >>

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Northern Lights

Northern Lights Announces Change to Effective Date of Share Consolidation

Northern Lights Resources Corp.("Northern Lights", "NLR" or the "Company")(CSE:NLR)(OTCQB:NLRCF) announces that the effective date of the ten (10) for one (1) share consolidation (the "Consolidation"), as announced on May 17, 2022, has been changed to May 26, 2022 (the "Effective Date").

All other terms of the Consolidation remain unchanged. Please refer the May 17, 2022 announcement for full details.

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"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

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."

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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.

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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 ( ) or on EDGAR ( ).

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

News Provided by GlobeNewswire via QuoteMedia

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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

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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.

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