Silver Stocks Charts, News, Reports and Quotes
James McDonald President and CEO stated “We are very pleased to have the support of Mr. Eric Sprott as a major investor in Kootenay.Having Mr. Sprott make a significant investment in the Company is a strong endorsement of our silver asset base. This financing puts us in a very strong financial position and allows us to move aggressively forward on not just Columba, but our other key assets as well.”
New Pacific is a Canadian exploration and development company which owns the Silver Sand Project in Potosí Department, Bolivia and the Tagish Lake gold project in Yukon, Canada. New Pacific has Silvercorp Metals Inc. (TSX/NYSE American: SVM) and Pan American Silver Corp. (TSX/NASDAQ: PAAS) as its 28% and 16.8% shareholders.
Just for fun because I am a chart guy who all too often bores you (and me) to death with ratio and indicator charts and all too seldom makes charts just for the fun of it anymore…
So this long-term silver chart is just for the fun of it. What do we have here?
Kootenay President and CEO, James McDonald stated: "We are excited to test the vein system to confirm the historically reported grades and widths. The first 12 holes of the drill program will be designed to test the F vein where underground development work extended to 200 meter depth and the historic mining occurred."
Since acquiring Columba, the Company has undertaken a mapping and surface sampling program with silver grades of up to 693 gpt sampled on surface. This area includes a network of underground workings comprised of 4 shafts and 6 levels of drifts reported to measure over 1,000 meters in length. Historic* mine records indicate grades from these underground workings to range from 600 to 900 gpt silver with highlights of 1,900 gpt silver over 4 meters and 679 gpt silver along 133 meters of vein…
The 2019 drilling program at Silver Sand commenced in late April and is expected continue throughout rest of the year. These first eight holes were part of the infill drilling program to bring drill hole density to approximately 25 metre by 25 metre spacing and to produce a mineral resource estimate in accordance with NI 43-101 at the end of 2019. These holes were approximately oriented at azimuths of 60 degrees and dips of -45 degrees.
These first eight infill holes have intercepted…
Although the state has ownership of the resource, it grants the company a lengthy concession period during which it can explore, build and operate a mine.
In exchange, the company promises to undertake certain investments in stages throughout the project’s life, including rehabilitating the site when the mine closes.
Once signed with Comibol, the contract is sent to Congress, where it would be approved as a law and finally promulgated by the president himself, giving the contract…
VANCOUVER, BRITISH COLUMBIA – May 22, 2019 – New Pacific Metals Corp. (“New Pacific” or the “Company”) (TSX-V:NUAG) (OTCQX:NUPMF) is pleased to announce that it has raised gross proceeds of $19,950,000 as a result of 9,500,000 previously issued common share purchase warrants (the “Warrants”) being exercised (the “Warrant Exercise”) by Pan American Silver Corp. (“Pan American”) and Silvercorp Metals Inc. (“Silvercorp”). The Warrants were issued in connection with the Company’s…
Kootenay Silver Inc. (TSXV: KTN) (the "Company" or "Kootenay") is pleased to announce that road construction is underway at the at the Columba silver project ("Columba" or "Property") located in Chihuahua State, Mexico. The access road is presently being built for Kootenay to carry out the first modern drill program at the Columba high grade silver project. The Company has received necessary government permits and is in the process of reviewing tenders from drilling companies before awarding…
VANCOUVER, BRITISH COLUMBIA – April 25, 2019: New Pacific Metal Corp. (“New Pacific” or the “Company”) (TSXV: NUAG) (OTCQX: NUPMF) is pleased to announce the commencement of the 2019 drill programs at the Silver Sand Project in the Department of Potosi, Bolivia. The total budgeted metreage for 2019 drilling campaign is about 55,000 metres of diamond coring drilling. The Silver Sand Project consists of three 100% owned concessions of approximately 7 square kilometres plus an area…
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