U.S. Gold gets edge in Mexico with new hire
U.S. Gold Corp.’s (UXG-T, UXG-N) El Gallo project in Sinaloa, Mexico is often compared with Pan American Silver’s (PAA-T, PAAS-Q) Alamo Dorado deposit, now an operating silver mine 240 km to the north.
Silver
Almaden expands Ixtaca zone
Vancouver – Prospect generator Almaden Minerals (AMM-T) continues to expand its wholly-owned Ixtaca discovery as it works through a 20,000-metre drill program on the property.
Galway Resources sees heavy trading
Shares of Galway Resources (GWY-V) are creeping up on heavy trading volume this week without significant news. On Aug. 16 Galway closed 10.32% or 13¢ higher at $1.39 with 1.8 million shares trading hands, and today Galway added…
Soltoro makes headway in Jalisco
Junior explorer Soltoro (SOL-V), which is focused on finding bulk tonnage gold and silver deposits in southwestern Mexico, is making headway in Jalisco state where it defined a resource at its 100%-owned El Rayo primary silver project earlier…
Positive PEA for Pan American and Orko’s La Preciosa
Better late than never, joint venture partners Pan American Silver (PAA-T) and Orko Silver (OK-V) have released a long-awaited preliminary economic assessment (PEA) for their La Preciosa epithermal silver-gold project in Durango, Mexico.
Early results bolster Cartier
Early results from Cartier Resources’ (ECR-V) Cadillac Extension project near Val-d’Or show promise and the company’s share price responded. Cartier announced that channel samples from the project, which sits 15-km east of Val-d’Or in…
Fortuna Silver Mines start producing concentrates
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11.11% to $5.50 per share on news that the mill at its 100%-owned San Jose silver-gold mine in southern Mexico had started producing silver-gold concentrate.
Gran Colombia to raise US$75M through silver-linked notes
Gran Colombia Gold (GCM-T) is looking to issue US$75 million of what executive co-chairman Serafino Iacono calls “a creative and innovative financial instrument.”
Kimber advancing Monterde gold-silver project
Vancouver – After more than a decade of working on the Monterde gold-silver project in Mexico, Kimber Resources (KBR-T) is starting to build momentum.
Construction nearly complete at Yamana’s Mercedes mine
Construction at Yamana Gold’s (YRI-T, AUY-N) Mercedes underground gold-silver mine in northern Mexico is two quarters ahead of schedule, the company reports, with the first gold pour now scheduled before year-end.
Arian beefs up San Jose
Arian Silver (AGQ-V, AGQ-L) finds itself in an enviable position. Not only is the company producing silver at its San Jose property during a time of high silver prices, but it is doing so on a property with significant expansion potential.
Extorre updates Cerro Moro study
Vancouver – Extorre Gold Mines (XG-T) has released an updated economic assessment for its fast-evolving Cerro Moro gold-silver project in Argentina that factors in higher throughputs, metal prices and capital costs.