Silver Stocks Charts, News, Reports and Quotes
Companies started to report Q1 production results in what was otherwise a quiet week. Gold and silver prices saw nice rebounds, but it is unlikely we have resumed the uptrend.
Management withheld metal from sale during the price correction over last two weeks of March and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in Q2, 2021.
Considerable Extension Potential Northeast of the Known Mineralized Zone Highlight results: 36m @ 399 g/t AgEq (incl. 5m @ 1,645 g/t AgEq), & 45m @ 172 g/t AgEq
The silver miners’ stocks have mostly consolidated high over the past half-year or so, mirroring resilient price action in the metal they produce. But this relative strength has been overshadowed by the extended correction in gold, which forced gold stocks lower.
Builds on Highly Successful Phase I Drill Program
Bradford Cooke commented, “I am pleased to announce this seamless board and management transition without having to reach outside of the organization. It speaks to the depth of our management team, and the skills and dedication they bring to the Company. I look forward to supporting Dan and Christine in their new roles, and we appreciate the vote of confidence of our Board of Directors.”
$EQX, $GLDX, $GRSL, $MTA, $MMX, $NFG, $OSK, $ROXG, $SLVR, $TXG, $VGCX, $WM, $WDO, $WPM
$ABRA.V, $AYA, $BNAU, $EVN, $CXB, $EDV, $GROY, $GCM, $GBR, $JAG, $KL, $MUX, $MTA, $NFG, $OSK
Additional Hole With 14 Metres of 9.88 g/t Gold-Equivalent.
These results are expected to contribute significantly to the expansion of the existing silver enriched zone, and continue to demonstrate the potential for additional high-grade gold mineralisation in the system at depth.
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