Silver Bull Resources (TSX:SVB)Morgan Stanley, and others, for example) to perform exceedingly well in the coming two years. A drop in 2012 production in China wiped out the oversupply of zinc and set the market back on its feet. “Zinc ended 2012 at $2,040/metric ton. The 2013 projection is $2,200/metric ton, an increase of 7.84% from 2012. The 2014 projection is $2,300/metric ton, up 12.75% from 2012,” ETF Daily News quotes Morgan Stanley as saying. Read more
Goldstream Minerals is a Toronto-based exploration company with assets in Eastern Ontario. Goldstream is a new investment vehicle, “Creating Organic Growth Through Discovery.” Read more
Slam Exploration shares have jumped 83% in the past 5 days and 39% today (to $0.32) on reports of visible gold in drill results at its Menneval gold project in New Brunswick, Canada.
Three of nine reported holes contain visible gold.
The company has so far traced the vein system over a 700 metre strike length, uncovering numerous instances of visible gold with “bonanza” grade assays.
In addition to this grassroots project, Slam has several other prospects in New Brunswick and Ontario.
The company remains tightly held with just 20 million shares outstanding and a market cap of $6.4MM.
SilverCrest Mines (TSXV:SVL), with an established resource of over 100 million ounces of silver (~1.98MMoz AuEq at today’s prices) on its La Joya project in Durango, Mexico, has announced that drilling to the south of its present resource has returned positive results. Read more
Golden Reign Resources today announced a milestone in advancing its San Albino-Murra Gold property in Nicaragua. The company received approval on its Environmental Impact Study (EIS) from the government, allowing it to continue exploration on the large, historically active, mining project. The permit allows for up to 150,000 metres of drilling and 25,000 metres of trenching. Read more
Nemaska Lithium appears to be taking the next step toward production at its Whabouchi lithium project in the James Bay area of Quebec. (Video content below) Read more
Exclusive: Complete Romero results with AuEq grades
In May this year, after the resource sector had been tanking for a solid four months or so, GoldQuest bucked it’s long term slump in share price with a press release announcing fantastic drill results from its Las Tres Palmas trend in Dominican Republic. Read more
Follows through on 2012 resource targets
Tinka Resources has followed through on its target for 2012 to deliver 30 million ounces silver at its Colquipucro project in Peru. Read more
Argonaut Gold Inc (AR.TO) announced it will buy Prodigy Gold Inc (TSX.V:PDG) for about C$341 million ($348 million), taking control of Prodigy’s Magino project in Ontario. Read more
If you needed any more evidence that the first three quarters of 2012 were dreadful for junior public companies, TMX Group today published financing statistics that review September 2012, but also year-to-date results for 2011 and 2012. The results are clear. Read more
The company expects to double resources on the project with ongoing drilling Read more
Solvista Gold continues to announce excellent drill results from its El Reten target on the Caramanta project in Colombia. Read more
Solvista Gold takes the Drill Hole of the Day Award easily with 149.7 metres grading 2.10 grams per tonne AuEq on its recent porphyry gold-copper discovery on its El Reten target on the Caramanta project in Colombia. Read more
Esperanza Resources Corp. (TSX VENTURE:EPZ) today reported an updated and increased gold and silver resource at its wholly-owned Cerro Jumil gold project in Morelos State, Mexico. The company’s shares rose today by almost nine percent to $1.53 per share on more than double its average daily volume. Read more
Prodigy Gold shares were up 7.46% this afternoon and up 33% so far this month, ostensibly based on the company’s latest resource update released in August. Read more
Good mining news isn’t budging the market a whole lot today (the TSX Venture exchange closed just barely up at 1,242.58), though several companies reported solid exploration and development results. Here are a few… Read more
Brian Maher, CEO: We’re standing approximately in the middle of what will be our future open pit mining operation here at Magino. Read more
Prophecy Platinum’s Wellgreen deposit in Canada’s Yukon Territory contains a very large and rich base and precious metals resource. Read more
The Pistol Lake Gold Project is located in the Bathurst Inlet region of Nunavut. Read more