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CEO James McDonald says, “We are pleased to see a significant increase in metal content on the Promontorio-La Negra property that includes the La Negra discovery for the first time."
Recovery rates at the Oculto deposit are expected to range between 82% - 86% for silver and 84% - 89% for gold. These results represent a significant increase over the average recovery rates of...
New Pacific Metals Corp. share price has reached a four-year low, creating a once in decade opportunity for investors seeking to gain exposure to the silver market.
The stock acquisition deal enhances Silvercorp’s asset base by adding a low-risk, low-cost gold project, while preserving cash for mine development.
Kootenay President & CEO James McDonald says, "We are very pleased with the progress so far. I am encouraged to see the strongly mineralized D-Vein encountered as expected..."
The consolidation of the two companies will create a well-capitalized exploration company, reduce costs, and will likely increase shareholder liquidity, trading and capital markets exposure.
Silvercorp Metals Inc.'s announcement to agree to purchase OreCorp is a sign the company is on the way to executing its ambitious growth plans.
The locked cycle flotation tests confirmed an outstanding gold recovery of 97% and a silver recovery of 93%. The gold and silver flotation concentrate yielded 9,488 grams per ton of silver and 128 grams per ton of gold.
“We say in exploration, ‘If you want to hunt for elephants, you have to go to elephant country,” Lehmann says. “Bolivia is elephant country for silver and gold.”
The vein system is almost entirely preserved from erosion at the levels where silver mineralization begins. Thus, grades can be seen to increase significantly from surface to depth.
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