Silver Stocks Charts, News, Reports and Quotes
Silvercorp is currently debt free and has a cash and short-term investments balance of US$210.3 million, alongside its existing equity portfolio that has a market value of US$121.8 million as of December 31, 2022. This is a substantial amount of capital that can used to fund the further exploration and economic studies at MCB..
The New Pacific team points out that there is no other junior mining company with three projects of this calibre, all in the development phase.
“The addition of the MCB Project to our growing project portfolio aligns with our strategic objectives of diversifying and growing our asset base and will position us to benefit from copper’s strong fundamentals, a key ingredient in the green energy revolution. We believe this is a rare opportunity..."
“Silver Sand is a company-making asset that is rare, given its size, its scale, its pure silver content, and its high grades. And to have a second one at Carangas, we have the fundamental ingredients that any mining company needs to be successful, which is a deposit to finance, develop, and operate.”
This advanced stage silver-gold project recently expanded its size with the discovery of the JAC zone where an expanded drilling campaign continues to define a new high grade silver and gold resource -- which will be incorporated in this year's PFS.
Coming to you from the European Gold Forum in Zurich, I catch up with the V.P. of Silvercorp Metals, Lon Shaver, who gives us an update on the company including their big investments into growth and development. We discuss the potential for M&A..
Coming to you from the European Gold Forum in Zurich, I was able to catch up and speak with the new President of New Pacific Metals, Andrew Williams. We discuss the big year ahead as another discovery ...
Drilling to date at the JAC zone has defined oxide mineralization extending approximately 800m along strike, up to 150m wide and extending to a depth of 200m.
While the company’s main focus has been in Mexico, it is not ignoring its other projects. It commenced core drilling in the Contention open-pit gold-silver target at the company's 75-per-cent-owned Tombstone project in Arizona.
233 g/t Ag over 45.5 Metres in Oxide Mineralization
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