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Sierra Metals(TSX: SMT) (BVL: SMT) (NYSE American: SMTS) (Sierra Metals or the Company) today announced positive drilling results from the Cuye zone located within theCentral Minearea of theYauricocha Mine. To date, 4 holes have been executed from the 870 level of theYauricocha Mine. These holes have intercepted polymetallic sulphide mineralization containing high grade zinc and copper zones over significant widths. These results demonstrate the potential for high grade mineralization within the reported area, and more importantly indicate the continued existence of extensive mineralization at depth. Further, it appears that the Cuye and Catas orebodies unite and become one orebody at [...]

BY JOSHUA MCMORROW-HERNANDEZ World War II-era Jefferson silver five-cent coins, widely known as war nickels, are marking an important milestone in October 2017. The first of these historic coins, spawned from patriotic rations to help save essential commodities for the troops fighting overseas, are turning 75 years old this year. Americans living during the time of the Second World War had mostly grown accustomed to conserving resources. When the United States entered World War II following the Japanese attack on American military fleets in Pearl Harbor, Hawaii, on December 7, 1941, the nation was emerging from the Great Depression, an [...]

Silver Viper Minerals Corp.(the Company) (TSXV:VIPR) is pleased to announce that it has successfully completed its initial public offering (the IPO) of 12,262,500 common shares of the Company at a price of$0.25per share for gross proceeds of$3,065,625(the Proceeds), and has received approval of its application to list its common shares on the TSX Venture Exchange (TSX-V). The Company anticipates that its common shares will commence trading on the TSX-V on or aboutSeptember 29, 2017under the trading symbol VIPR. The net proceeds of the IPO will be used to fund mineral exploration work on the Company's Clemente Property, and for working [...]

China Catalyst To Send Gold Over $10,000 Per Ounce? Jim Rickards is on record forecasting $10,000 gold. But is China about to provide the catalyst to send gold even higher? And by how much? Today, we fare forth in the spirit of speculation follow facts down strange roads and arrive at a destination stranger still China - the world's largest oil importer - struck lightning through international markets recently. According to theNikkei Asian Review, China has plans to buy imported oil with yuan instead of dollars. Exporters could then exchange that yuan for gold on the Shanghai Gold Exchange. Not [...]

SARASOTA, FLA. (September 28, 2017) - An 1839 Victoria gold Una and the Lion Five Pounds that was recently certified by Numismatic Guaranty Corporation (NGC) has realized 340,000 (about $460,000 USD) at an auction in London. The coin doubled its pre-auction estimate of 150,000 to 200,000 when it was sold Sept. 22, 2017, by Baldwin's of St. James's, an English firm, at the Premier Coinex auction. Graded NGC PF 65 Ultra Cameo, it is one of the finest known for its type. Only around 400 examples were struck of the 1839 Una and the Lion Five Pounds, which is generally [...]

Sierra Metals (TSX:SMT,NYSEMKT:SMTS) released an updated resource estimate for itsYauricocha mine in Peru on Thursday (September 28), gaining1 percent during mid-morning trading the next day. Themine'smeasured and indicated resourcenow stands at 13,206,000 tonnes containing 26.4 million ounces of silver, 443.6 million tonnes of copper, 813.3 million pounds of zinc, 269.1 million pounds of lead and 274,000 ounces of gold. Contained copper rose the mostat 128 percent, while contained silver, zinc, lead and gold rose 72 percent, 74 percent, 64 percent and 61 percent, respectively. Grades for the measured and indicated resource are62.3 g/t silver, 1.5 percent copper, 2.8 percent zinc, [...]

Editor Mark O'Byrne Gold climbs over 12% in YTD, matching S&P500 performance Palladium best performing market, surges36% 2017 YTD Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ Geo-political concerns including Trump and North Korea supporting gold Safe haven demand should push gold higher in Q4 Owningphysicalgold not dependent on third party websites and technology remains essential Click to enlarge. Source Finviz.com In the year-to-date the gold price performance has matched the S&P 500, climbing over 12%. Gold's matching of the S&P 500 is particularly impressive when you consider the record-breaking performance of the benchmark stock market index in [...]

Editor Mark O'Byrne Going off gold did the opposite of what many people think FT Alphaville Surprising findings show benefits of Gold Standard Study by former Obama advisor in 1999 and speech by Bank of Englandeconomist in 2017 make case for gold UK economy was 'much less prone to extremes' under than the gold standard research shows 'Gold standard seems to have produced fewer catastrophes for Britain' data shows FT still wary of gold standard arguing 'stability can be overrated and growth is worth having' Findingis not surprising and joins a wealth of evidence and research that shows gold'simportance as [...]

Castle Silver Resources Inc.(TSXV:CSR) President and CEO Frank Basa provides his outlook for cobalt and outlines reasons why Castle Silver is a great way to play the current cobalt boom.In a recent interview with SmallCapPower, Basa talks about his experience in the Cobalt Mining Camp of northern Ontario as well as Castle Silver's assets in the area. Watch full interview here Click here to connect withCastle Silver Resources Inc. (TSXV:CSR) to receive an Investor Presentation. The post We Have Some of the Best Geologists in the Cobalt Camp, Says CSR CEO appeared first on Investing News Network.