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A total of 45,046 m in 297 diamond drill holes, including 215 underground holes and 82 surface holes, were completed at the HPG mine. Assay results for 270 holes have been received, with 139 holes intercepting mineralization.
Historically, silver tends to do well in the later stage of a gold rally and usually hits a new high. That means silver will likely test the 50-dollar mark and is likely to exceed it.
CEO McDonald: "This drill program has returned excellent results expanding on the size of high-grade D Vein silver mineralization. The zone is open in both strike directions and to depth exhibiting excellent potential for further expansion."
Silvercorp has made significant strides at Ying over the past 20 years, transforming it from a modest producer into a major silver mine in China.
CEO McDonald: "This drill program has returned excellent results expanding on the size of high-grade D Vein silver mineralization. The zone is open in both strike directions and to depth exhibiting excellent potential for further expansion."
President Shaver states: "Our focus remains on identifying other high-margin projects that we can fold into the company, while continuing with our value creation with the mines that are the foundation of our success."
The President and CEO of Kootenay Silver Inc., James McDonald, joins GoldSeek TV to discuss the latest drill results from their high-grade Columba Silver Project.
Live from the Zurich Precious Metals Summit, GoldSeek TV speaks with mining industry executives and experts. 20 interviews were filmed at the Precious Metals Summit in Zurich on November 13 and 14.
CEO McDonald states: "We are very pleased with the current program which continues to intercept D-Vein with excellent grades and widths. Each hole to date has expanded the size of the zone."
We have already seen a remarkable dichotomy this year with silver and gold prices rising, but silver and gold equities falling, which leaves gold-silver miners and explorers looking for remarkably good value.
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