Located around 4 km south of the existing mineral resource area, La Ye vein demonstrates high-grade silver-gold mineralization in both high-grade zones and broader mineralized intervals.
So how did markets perform in 2024? Commodities were decidedly mixed. Natural gas (NG) was the big winner for 2024, with gold +27.5%, silver +21.4%, copper +3.5%, and oil +0.1%.
The conflict is clear: unless we see an immediate and substantial commitment to securing the global silver supply, the race for resources could spill over into war.
The silver market presents a distinctly bullish outlook for the new year. In the very short-term, however, silver might still dip below USD 30 for a final flush out of any weak hands.