Nearly three-quarters of newly mined silver comes as a byproduct of copper, lead, zinc and gold mining, meaning higher silver prices don't necessarily lead to higher silver production.
In DiRienzo’s view, the market has established substantially higher floors because silver is increasingly being valued for both its industrial utility and its investment potential.
The January 1973 Dow nominal all-time high was the peak of the cycle since the post-Great Depression low. Silver peaked about 7 years after that January 1973 Dow nominal peak.
Silver is also approaching an important resistance level at $64. A break above this level would strengthen the recent move higher and bring the key $70–$72 resistance zone into focus.
CEO Weber: "We believe this purchase recognizes the strong potential of the Haldane Property to host a significant silver resource in a historic silver camp."
The company announces an update on its property-wide drone-based magnetic ("MAG") survey at its 100% owned Cosuño Silver Project ("Cosuño") in Bolivia.
"The 2026 program aims to build on last year’s success, as well as follow up on new targets generated from our airborne LiDAR, magnetics and VTEM surveying conducted earlier this season."
