Shares of AbraSilver Resource Corp. traded 13% higher after the company reported assay results from four recently completed holes during this year's Phase 2 drill program at the company's Diablillos silver-gold deposit in Argentina. The firm highlighted results from hole DDH-22-037, which returned 155m of 289 g/t Ag eq, including 30m of 609 g/t Ag eq.
Drill results Troilus Gold Corp. generated in the last four months at this property will be incorporated into the upcoming mineral resource update and prefeasibility study, noted a Haywood Securities report.
The new figure takes into account recently determined economics and upside of the world's largest undeveloped gold project along with future precious metals prices, noted a ROTH Capital Partners report.
Silver One Resources Inc. shares traded 14% higher after the silver mining firm reported that it intersected 48.77m of 332 g/t Ag and 0.39 g/t Au, which included 10.67m of 1,339 g/t Ag and 1.21 g/t Au and its Candelaria Project in west central Nevada.
A junior silver explorer operating in Mexicoís Parral region believes its drill campaign revealed more than just promising gold-silver grades Ė he thinks his company is onto something much bigger. And that perhaps the entire camp is open to re-evaluation.
Shares of Northern Dynasty Minerals Ltd. traded more than 22% higher after the Vancouver mining firm reported it entered into a life-of-mine royalty agreement for non-core metals which may provide up to $60 million in proceeds.
Taseko Mines Ltd.'s shares traded 10% higher after the mine developer and operator reported that last month prior to the recent downturn in raw copper prices it had secured contracts for H1/23 for an additional 30Mlb Cu at prices ranging from $3.75-4.20/lb
Expert Adrian Day looks at the state of the market after this yearís 23% decline and discusses the risk of more possible downturn. Find out which companies he thinks are a buy ó and which ones need to fly off your radar.
The test results bode well for the prefeasibility study of the Canadian explorer's past-producing project in Quebec's historical Val d'Or mining district, noted a Stifel report, and named it the cheapest company in its coverage universe. A Laurentian Bank Securities report called the company's most recent drill results "encouraging."