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Everlert, Inc. (OTC: EVLI) to Begin Trading as American Gold & Copper Inc. Under the New Symbol AGCI(OTC:EVLI) Everlert, Inc. announced that FINRA has completed the Company’s previously announced corporate action changing the Company’s legal name to American Gold & Copper Inc. and its trading symbol to AGCI. The corporate action becomes effective at the opening of trading on Wednesday, July 22, 2026. American Gold & Copper and Rimrock Exploration Partners, LLC continue working together to finalize the definitive agreements relating to the Company’s proposed acquisition of a 100% interest in the Rimrock Copper-Gold Project located in Lander County, Nevada. The Rimrock Project consists of approximately 77 unpatented federal mining claims covering approximately 1,540 acres (623 hectares) within Nevada’s Battle Mountain Mining District, with a district-scale copper-gold exploration system extending approximately 17 kilometers. The Company has engaged a PCAOB-registered public accounting firm to conduct audits of its financial statements for the two most recent fiscal years as part of its preparation to become a fully reporting company with the U.S. Securities and Exchange Commission (SEC). The Company’s initial operating focus is the continued technical evaluation and advancement of the Ascensión de Guarayos copper-gold-silver project in eastern Bolivia. The company projects continued evaluation and advancement of its Bolivian mining assets, anticipated additional technical review, exploration planning, development initiatives, financing activities, potential exchange listings, and management expansion. Metalsource Mining Accelerates Silver Hill Exploration With Second Drill Rig and Threefold Increase in Drilling Capacity(CSE: MSM) (OTCQB: MSMMF) Metalsource Mining Inc. announced a significant expansion of its exploration program at the Silver Hill Project in North Carolina through the addition of a second diamond drill rig and an expanded drilling schedule incorporating a dedicated night shift. These initiatives are expected to effectively triple the Company's current drilling capacity. The expanded program will advance two complementary exploration objectives: systematically expanding the known high grade polymetallic system at Silver Hill and testing newly identified high priority exploration targets generated through a recently completed property scale induced polarization ("IP") survey. The second drill rig and additional drilling crew are expected to mobilize in early August. The inaugural mineral resource estimate is currently targeted for early 2027. The Silver Hill property is 1,225 acres located in Davidson County, North Carolina, with currently known mineralization extending to 550m from surface. The Byrd-Pilot Mountain Project, also in central North Carolina, remains open for significant resource expansion. Trinity One Metals Identifies Historic High Grade Silver Intercepts at Silver-1 Including 2.60 M at 1,240 G/t Silver(TSXV: TOM) (OTC: TOMXF) Trinity One Metals Ltd. announced the compilation and initial interpretation of six historic diamond core drill holes completed at the Company's Silver-1 Mine in Ecuador as part of a United Nations exploration program in 1978. The reported results are from the previously mined Ocashuaico sector, with highlights including Ocashuaico hole SB-18 intersecting 2.60 m at 36.16 oz/t silver (1,240 g/t), 1.57% lead and 3.08% zinc from 152.15 m, including 0.25 m at 233.40 oz/t silver (8,002 g/t), 7.80% lead and 11.70% zinc from 154.50 m. Mining at Silver-1 commenced in 1989 and continued until approximately 1994, reaching a reported maximum depth of approximately 90 m, while the new drill intersections occur at calculated vertical depths exceeding this historical maximum. Additional results include SB-19 with 0.50 m at 60.56 oz/t silver (2,076 g/t), 1.66% lead and 5.00% zinc from 48.20 m, and SB-20 with 5.45 m at 6.33 oz/t silver (217 g/t), 0.35% lead and 1.35% zinc from 38.35 m. The company has not independently verified the results through resampling or confirmation drilling, and the available records do not identify the analytical laboratory or methods. The company projects that these records provide an important new dataset for evaluating the potential continuation of high grade mineralisation beneath and surrounding the historical Silver-1 mine workings. AbraSilver Files Definitive Feasibility Study Technical Report & Provides Heap Leach PEA Update(TSX: ABRA) (OTCQX: ABBRF) AbraSilver Resource Corp. announced the filing of a National Instrument 43-101 compliant Technical Report for its Definitive Feasibility Study (DFS) on the wholly-owned Diablillos project in Argentina. The DFS is based on a conventional open-pit mining operation and a 9,000 tonne-per-day processing facility. At base case metal prices of $50.00/oz silver and $3,650/oz gold, the DFS delivers an after-tax NPV5% of US$3.0 billion (C$4.2 billion), an after-tax IRR of 41.9%, and a 1.7-year payback period. The Report is dated July 20, 2026, with an effective date of June 19, 2026, and there are no material differences from the results disclosed in the June 22, 2026 news release. The Preliminary Economic Assessment (PEA) for a potential supplementary heap leach operation at Diablillos is now expected to be completed during the fourth quarter of 2026. The most recent phase of metallurgical testwork on lower-grade mineralization delivered results that exceeded management's expectations, demonstrating significantly improved gold recoveries. The company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. Kuya Silver Achieves Record Q2 Production at Bethania Mine, Increasing Quarterly Tonnage by 66% and Posts Record Monthly Silver Production in June(CSE: KUYA, OTCQB: KUYAF) Kuya Silver Corporation reported record quarterly production for the second quarter of 2026 at the Bethania silver project, with 5,097 metric tonnes of mineralized material mined, representing a 66% increase quarter over quarter. The company processed a record 23,912 oz silver (30,559 silver equivalent) during the quarter, and achieved a record monthly production in June of 13,273 silver equivalent ounces as grades improved. Underground development advanced 437 meters, with 1,535 metric tonnes of development material drilled and blasted to support expansion. Silver production accounted for 87% of quarterly revenue from Bethania in Q2, with an average selling price of $72/oz, and silver recoveries averaged 79.7% during Q2 2026. The company approved the installation of a dual-car hoisting winch system at Bethania, expected to be commissioned in October 2026, and awarded an underground drilling contract to Safasermin S.A.C. and a Letter of Award for underground development to Minera Tauro S.A.C. The company projects recoveries to continue improving toward levels exceeding 90% as the mine reaches steady-state production and expects to formally award the ramp development contract and mobilize the selected contractor shortly. StrikePoint Announces Final Results of Drilling at Hercules Gold Project, H26005 Cut 67.06m Grading 0.53 G/t Au and 11.69 G/t Ag Including 7.62m of 2.93 G/t Au With 54.48 G/t Ag(TSXV: SKP) (OTCQB: STKXF) StrikePoint Gold Inc. announced a third and final batch of assay results from its Spring 2026 drill program on the Hercules Gold Project in Nevada's Walker Lane. Hole H26005 at the SW Cliffs area returned 67.06 meters grading 0.53 g/t Au with 11.69 g/t Ag, including a high-grade core of 7.62 meters grading 2.93 g/t Au and 54.48 g/t Ag. The Spring 2026 exploration campaign consisted of 29 holes testing multiple, shallow, oxide gold targets at the Hercules Gold Project. The program's drilling returned 114.30 meters grading 0.63 g/t Au with 5.03 g/t Ag at the Cliffs Target. Additional holes such as H26007, H26009, H26010, H26016, H26018, H26020, H26022, H26024, H26025, and H26029 also reported various intercepts of gold and silver mineralization. Michael G. Allen, President and CEO, is the qualified person who reviewed and approved the technical information. The company projects the continuity and potential expansion of the zone of gold-silver mineralization at the Cliffs Target, and views the oxide mineralization as potentially amenable to future heap leach operation. Silver47 Auger Program Confirms 2.74 Moz Silver Equivalent Tailings Resource at Surface, Hughes Project, Nevada(TSXV:AGA, OTCQX:AAGAF) Silver47 Exploration announced results from a 21-hole auger drill program at the historic Belmont mine tailings at the Hughes Project, Tonopah, Nevada. All 21 auger holes returned silver-gold mineralization continuously from surface to the base of the tailings, over an average thickness of 3.3 m. The Belmont tailings host an inferred mineral resource of 1.8 Moz silver and 11 koz gold (44 g/t Ag and 0.3 g/t Au, or 68 g/t AgEq*) within approximately 1.26 Mt. The tailings sit on patented mining claims covering approximately 1,200 m by 280 m (84 acres), immediately adjacent to US Highway 6. Metallurgical testing is ongoing, including agitated cyanide leach tests, regrinding, and CIL testing to evaluate recovery and process efficiency. The company projects that these results will provide the recovery and process parameters needed to evaluate the technical and economic feasibility of reprocessing the tailings into potential low-cost domestic silver production. Silver47 Exploration is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. Blackrock Silver Engages Global Frontier Advisors to Advance U.S. Critical Minerals Strategy at Tonopah West(TSXV: BRC) (OTCQX: BKRRF) Blackrock Silver Corp. announced it has engaged Global Frontier Advisors LP, a Washington, D.C. based strategic advisory firm, to pursue federal and state support, non-dilutive capital, and tax incentives programs following silver's November 2025 designation as a U.S. critical mineral. Under this engagement, GFA will support Blackrock in identifying and pursuing non-dilutive government funding, procurement, and financing pathways for its 100%-owned Tonopah West silver-gold project in west-central Nevada. The Tonopah West Technical Report outlines an average annual production profile of approximately 7.1 million silver-equivalent ounces per year at an all-in sustaining cost of USD $17.44 per silver-equivalent ounce over an 11.2-year mine life. Blackrock believes the project has the potential to increase domestic U.S. silver production by approximately 10% throughout its 11-year mine life. The Company anticipates breaking ground on underground development in 2027, with an aim to commence test mining and a large-scale bulk sample in 2028. The project is situated adjacent to the town of Tonopah, with U.S. Highway 95 crossing the property and benefits from established infrastructure and private land tenure. The Tonopah West Technical Report is effective March 25, 2026 and dated May 12, 2026. GR Silver Mining Ltd. Discover GR Silver Mining — a silver-focused exploration and development company advancing high-grade assets in Mexico's prolific silver belt. Find out more → |
Tertiary Minerals — Initial Results From Phase 4 Drill Programme(AIM: TYM) Tertiary Minerals plc announced preliminary results from portable X-Ray Fluorescence (pXRF) analysis of drill samples from the first 12 drill holes at Target A1, Mushima North Project in Zambia. The company reported high pXRF silver values of up to 214 g/t and broad intervals (>20 g/t), with drill intersections including 45m at 0.41% Cu and 0.28% Zn from 12m downhole, 55m at 0.32% Cu and 0.29% Zn from 26m downhole, and 73m at 0.29% Cu and 0.38% Zn from 25m downhole. A total of 22 holes (for 2,175m) have been completed so far of the approximately 4,000m drill programme. The company has an Exploration Target of 15-30 million tonnes at 40-60 g/t silver equivalent for the silver-copper-zinc oxide zone. Samples have been submitted to a certified laboratory and results are expected in the coming weeks. The company projects that infill drilling will support the delineation of a JORC Mineral Resource Estimate and that further results will be announced on an ongoing basis as the drill programme continues. Sky Metals Advances Tallebung Toward Pre-Feasibility Study With Strong June Quarter(ASX: SKY) Sky Metals has continued expanding and de-risking its Tallebung tin-tungsten-silver project in New South Wales, completing more than 500 drill holes compared with 115 used in the previous mineral resource estimate (MRE). An updated MRE was released after quarter-end on 13 July, providing the foundation for a pre-feasibility study (PFS) due in late July. Standout drill hole TBRC395 intersected 23 metres at 1.14% tin and 0.03% tungsten from 19m, including 6m at 2.72% tin and 0.06% tungsten from the same depth, while another hole returned 34m at 0.27% tin, 0.03% tungsten, and 57.7 grams per tonne silver from 39m, including 10m at 0.46% tin, 0.07% tungsten, and 166g/t silver from 59m. Sky submitted a Scoping Report during the quarter to begin the NSW State Significant Development (SSD) approval process, and the NSW Department of Planning, Housing, and Infrastructure issued the Planning Secretary’s Environmental Assessment Requirements, moving the project into the Environmental Impact Statement (EIS) phase. Sky agreed to divest its non-core Iron Duke copper-gold project to Locksley Resources (ASX: LKY) through an option agreement carrying a total transaction value of $1.1m, comprising a non-refundable $100,000 fee, $500,000 on exercise, and a further $500,000 milestone payment. Sky finished the quarter with $17.6 million in cash and spent $2.865m on exploration during the quarter. The company projects completion of the PFS in late July and plans to advance permitting, begin more detailed feasibility studies, and assess project financing options, including potential offtake funding for future tin, tungsten, or silver products. Sunrise Resources: New Copper-Silver-Gold Project, Nevada(LSE: SRES) Sunrise Resources Plc announced it has established a new copper-silver-gold project in Nevada, USA, named the Lake Copper-Silver-Gold Project, after securing a lease & option to purchase agreement over a mining claim and staking a further ten adjacent mining claims. Drill intersections include 50m grading 0.73% copper, 31g/t silver and 0.2g/t gold from surface, with company surface samples assaying up to 198g/t silver, 0.13% copper and 0.3g/t gold. The project is located at the south-west end of the Humboldt Range, 98km east-northeast of Reno, with access from Interstate Highway I-80 and Highway 95. The lease/option agreement includes a 7-year term (extendable to 21 years), a nominal payment of US$100 on signing, annual payments starting at US$5,000 and rising to $20,000, a 2% NSR royalty (buyable for US$500,000), and an option to purchase the claim for $150,000. Fourteen shallow holes (mainly <100m deep, max 150m) were drilled in the claim area by Utah International in the 1980s, with significant intersections including hole MH-4. The company is targeting an intrusion related copper-precious metals deposit and plans next steps including geophysical surveying and follow up drilling as resources allow. Management states that the path forward for this project is clear with the next steps already defined. Orestone Advances Exploration at Tom East and Kelly Gold Zones on the Francisca Gold Silver Property in Salta Province Argentina(TSXV: ORS) Orestone Mining Corp. announced that follow-up exploration is underway at the recently discovered Tom East and Kelly gold zones along the Francisca Gold Trend. The Francisca Gold-Silver Project covers 23 square kilometres and is located in Salta Province, northwestern Argentina, approximately 80 kilometres northwest of the city of Salta. The Francisca Gold Trend now covers a northwest strike length of 1500 metres, with a 1700 metre long by 500 to 700 meter wide induced polarization (IP) chargeability anomaly of 7.9 mV/V. During the recent Phase I exploration program, hand trench sampling at Tom East yielded 4.45 g/t gold over 21 metres in Trench 6B. At the Kelly Gold Zone, mapping and sampling defined a 50 metre wide quartz-limonite vein stockwork zone grading 0.37 g/t gold and 2.15 g/t silver. The Captain Gold-Copper Project in British Columbia, Canada is 100 percent owned by the company and is permitted for 79 drill locations. The company projects that its near-term objective on the Francisca Gold Project is to define an oxide gold deposit mineable by open pit methods. Mexican Gold Mining Corp. and Alcon Silver Corp. Complete Arrangement to Create Platauro Metals Corp., a Diversified Precious Metals Exploration Company(TSXV: PURO) Platauro Metals Corp. announced the successful completion of its plan of arrangement, acquiring all issued and outstanding common shares of Alcon Silver Corp. in exchange for Platauro shares, resulting in former Alcon shareholders holding approximately 53% of Platauro on a non-diluted basis. A total of 40,797,830 Consideration Shares were issued to Alcon shareholders at a deemed price of approximately $0.27 per share, for aggregate deemed consideration of approximately $10,879,640. The company completed a consolidation of its outstanding common shares on a 1.6667-for-one basis and changed its name from "Mexican Gold Mining Corp." to "Platauro Metals Corp.". Platauro also completed a non-brokered private placement of 11,495,000 subscription receipts at a price of $0.20 per Subscription Receipt for aggregate gross proceeds of $2,299,000. Each Warrant issued in the financing entitles the holder to acquire one common share at an exercise price of $0.30 per share for a period of thirty (30) months following the closing date. The net proceeds of the Concurrent Financing will be used for exploration of the Princesa project, exploration of the Rowdy claim at Tatatila, legal fees associated with the Las Minas claims dispute, and for general corporate and working capital purposes. The company projects growth, development and exploration activities at the Las Minas and Princesa projects. Y’all Street Physical Gold and Silver ETFs Begin Trading on Nasdaq With Texas Precious Metals as Sole CustodianThe launch of the Y’all Street Physical Gold ETF and the Y’all Street Physical Silver ETF on Nasdaq marks a significant development in the gold market, as these are the first physically-backed bullion ETFs to store 100% of their assets on American soil. This move could enhance investor confidence in the security and accessibility of their gold holdings, potentially driving increased demand for gold as a safe-haven asset. With Texas Precious Metals as the sole custodian, the emphasis on domestic custody may appeal to investors concerned about geopolitical risks and the stability of foreign custodians. As these ETFs begin trading, we may see shifts in ETF flows, which have historically been a key driver of gold prices. Increased participation in these new funds could lead to upward pressure on gold prices, especially if they attract significant inflows from both retail and institutional investors. Furthermore, the establishment of these ETFs could signal a broader trend towards physical gold investment, reinforcing gold's role as a hedge against inflation and currency fluctuations. Investors should closely monitor how these developments influence market sentiment and overall demand dynamics. The interplay between rising ETF interest and prevailing macroeconomic factors, such as interest rates and inflation, will be crucial in determining gold's price trajectory in the coming months. Overall, the introduction of these ETFs could be a pivotal moment for gold, potentially reshaping the landscape of gold investment in the U.S. AbraSilver Intersects 109 Metres of 221 G/t Silver and 0.72 G/t Gold at Oculto West, Including 14 Metres of 580 G/t Silver(TSX: ABRA) (OTCQX: ABBRF) AbraSilver Resource Corp. reported new assay results from its ongoing Phase VI drill program at the wholly-owned Diablillos project in Argentina. Hole DDH 26-036 intersected 109.0 metres grading 221.2 g/t silver and 0.72 g/t gold from 114.0 m downhole at Oculto West, including a higher-grade interval of 14.0 m at 580 g/t silver and 0.23 g/t gold. The same hole also encountered 7.6 m of 0.73% copper from 240.5 m and 15.0 m of 0.54% copper from 269.0 m beneath the oxide zone. Hole DDH 26-022 along the JAC-Oculto trend intersected 63.0 m grading 32.8 g/t silver from 60.0 m, including 11.0 m of 101.4 g/t silver. The most recent tank and heap leach Mineral Resource estimate for Diablillos, as of April 30, 2026, shows Measured & Indicated Oxides of 231,981,000 tonnes grading 33 g/t silver and 0.34 g/t gold, containing 248,053,000 oz silver and 2,542,000 oz gold. Following completion of the DFS in June 2026, the Project hosts Proven and Probable Mineral Reserves of 77.9 Mt grading 146 g/t silver equivalent, containing 184 Moz of silver and 1.8 Moz of gold (366 Moz AgEq). The company projects that these results will support expansion of the precious metals Mineral Resources in the oxide zone and will be incorporated into an updated Mineral Resource estimate. First Majestic Enters Into Definitive Agreement to Sell Its San Martin Silver Mine for Total Proceeds of US$90 Million(NYSE: AG) (TSX: AG) First Majestic Silver Corp. has entered into a definitive agreement dated July 6, 2026 to sell its 100%-owned past producing San Martin Silver Mine in Jalisco State, Mexico, to Flextronics Supply and Service, S. de R.L. de C.V for total cash consideration of US$90 million. The transaction includes upfront consideration of US$2.5 million payable upon closing (with US$500,000 already deposited into escrow), and an additional US$87.5 million in future payments. The acquisition also includes the Jalisco Group of Properties, consisting of 5,245 hectares of mining concessions owned by El Pilon, located in the municipalities of Etzatlán and Tototlán, Jalisco. Flextronics will acquire all of the issued and outstanding shares of Minera El Pilon, S.A. de C.V., a wholly-owned subsidiary of First Majestic. The San Martin Silver Mine was placed under care and maintenance by First Majestic in July 2019. First Majestic presently owns and operates four producing underground mines in Mexico and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project in northeastern Nevada, U.S.A. The company anticipates that the transaction will close in the fourth quarter of 2026, subject to customary closing conditions and Mexican Antitrust approval. J2 Metals Mobilizes UAV Drone Mag Survey at Sierra Plata Silver-Gold-Antimony Project, Zacualpan-Taxco District, Mexico(TSXV: JTWO) (OTCQB: JTWOF) — J2 Metals Inc. announced that crews have been mobilized to complete a high-resolution unmanned aerial vehicle (UAV) drone magnetometer geophysical survey across its Sierra Plata silver-gold-antimony project in the Zacualpan-Taxco district of Guerrero State, Mexico. The survey will cover approximately 1,885 hectares of the Sierra Plata Project area for a total of 562 line-kilometres, including tie lines, with line spacing of 50 metres and tie-line spacing of 500 metres. The airborne magnetic survey will be carried out by JM Geoconsultores of Querétaro, Mexico, and will officially commence field activities July 8, 2026. Recent sampling of waste dumps at Sierra Plata returned grades of up to 3,932 g/t AgEq across five past-producing silver-gold mines. At the Miniac Project in Québec's Abitibi Greenstone Belt, a newly completed 41-kilometre OreVision™ IP survey has identified prospective anomalies, supporting a planned Phase II drill program of up to 5,000 metres across a 7-kilometre conductive horizon. At the Napoleon Project in Alaska, rock-chip samples have returned up to 596 g/t gold, with historical drilling by Teck and Kennecott reporting intercepts of 8.9 g/t gold over 3 metres and 0.9 g/t gold over 79 metres. The company anticipates identifying a large number of high-priority targets for drill evaluation. Aya Gold & Silver Reports Record Q2-2026 Silver Production(TSX: AYA; NASDAQ: AYA) Aya Gold & Silver Inc. announced record consolidated production of 1.68 million silver equivalent ounces (Moz AgEq) for the three-month period ended June 30, 2026, up 61% year-over-year and 12% quarter-over-quarter. The Zgounder Silver Mine produced 1.49 Moz Ag in Q2-2026, representing a 43% increase YoY and 18% QoQ, with a record processing rate averaging 3,889 tonnes per day and a record mining rate averaging 4,880 tpd. Silver recovery averaged 91.2% during the quarter, and mill availability remained strong at 97%. The Boumadine pyrite reclaim operation contributed 0.19 Moz AgEq, with 17,153 tonnes processed at average grades of 179 g/t Ag and 2.43 g/t Au. The stockpile at Zgounder increased by 33% QoQ to 373,884 tonnes, aligning with the company's objective of building a three-month inventory. The construction of the second phase of the tailings storage facility is expected to be completed in early Q3-2026, as planned. The company projects that the introduction of bulk shipping at Boumadine, alongside ongoing containerized shipments, is expected to significantly increase pyrite shipping capacity in H2-2026. How the Jobs Report Moves Gold and Silver: The Five-Step Chain Behind Every MoveGold prices are significantly influenced by the U.S. jobs report, with a clear pattern emerging based on whether payrolls meet or miss expectations. When the jobs report falls short, we typically see a rise in gold and silver prices, reflecting increased demand for safe-haven assets amid economic uncertainty. Conversely, when payrolls exceed expectations, gold prices tend to decline as investor confidence in the economy strengthens, leading to a shift towards riskier assets. This dynamic underscores the importance of labor market data in shaping market sentiment and influencing gold's appeal. Investors should be acutely aware of this relationship, as it can lead to swift price movements in response to the monthly jobs report. The five-step chain that connects employment data to gold prices highlights the intricate interplay between economic indicators and market reactions. As we navigate through these reports, the implications for inflation and interest rates also come into play, further complicating the outlook for gold. Central banks may adjust their policies based on labor market strength, which can either bolster or undermine gold's value. Therefore, understanding the jobs report's impact is crucial for positioning in the gold market, especially in a landscape where macroeconomic factors are in constant flux. Tudor Gold Discovers Higher-Grade Silver Breccia Within CBS Zone at Treaty Creek(TSXV: TUD) Tudor Gold Corp. reported results from the first two drillholes (CBS-26-08 and 09) completed at the CBS Zone as part of the 2026 Exploration Drill Program at its 80%-owned Treaty Creek Project, located in the heart of the Golden Triangle of Northwestern British Columbia. Drill hole CBS-26-08 intersected 61.28 g/t silver and 0.09 g/t gold over 34.15 m starting 264.00 meters downhole, including 201.84 g/t silver and 0.07 g/t gold over 7.20 m starting 280.00 meters downhole. Hole CBS-26-08 also intersected 2.57 g/t gold and 0.39 g/t silver over 3.00 m starting 6.00 meters downhole, and 0.53 g/t gold and 9.81 g/t silver over 20.60 m starting 61.90 meters downhole, including 0.92 g/t gold and 16.99 g/t silver over 9.30 m starting 73.20 meters downhole. Hole CBS-26-09 intersected 0.79 g/t gold and 4.71 g/t silver over 47.00 m starting 153.00 meters downhole, including 1.04 g/t gold and 1.49 g/t silver over 24.50 m starting 153.00 meters downhole. The Treaty Creek Goldstorm Deposit hosts Indicated Mineral Resources of 24.9 million ounces of gold, 148.7 million ounces of silver and 3.048 billion pounds of copper (912.3 million tonnes grading 0.85 g/t gold, 5.07 g/t silver and 0.15% copper) and Inferred Mineral Resources of 2.6 million ounces of gold, 7.2 million ounces of silver and 67.9 million pounds of copper (21.8 million tonnes grading 3.64 g/t gold, 10.22 g/t silver and 0.14% copper). The company has filed a permit application for approval to construct an underground ramp for access to drill the high-grade gold SC-1 Zone. A Preliminary Economic Assessment on placing the Goldstorm Deposit in production as an underground mine is now underway. The company plans to follow up on the higher-grade silver intercept later in the Program after completing drilling at the Perfectstorm Zone. Advertise with The Silver Letter Reach an engaged audience of silver investors, junior miner followers and precious metals enthusiasts every day. Find out more → |
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