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MAG Silver Corp. (TSX:MAG,NYSEMKT:MVG) announced assay results from a six-hole, 4,271-meter Phase 3 drill program at its Mexico-based Salamandra property. Drilling finished in September, and the company received final gold check assays this month. The Salamandra property has been optioned by MAG from Canasil Resources Inc. (TSXV:CLZ). As quoted in the press release: MAG’s Phase 3 exploration program consisted of six follow-up holes (SA15-30 – 35) designed to seek mineralization in more favorable host rocks (limestones) at depth beneath the strongest silver-copper-antimony mineralization with associated skarn alteration seen at surface and in earlier drilling. No limestones were encountered and, as [...]

The Royal Canadian Mint debuts its haunting depiction of howling wolves in a 3/4-oz silver coin. The 2016 Howling Wolves coin is the Royal Canadian Mint’s second tribute to the Great White North’s legendary hunter. With thick coats illuminated under a full moon, two howling grey wolves raise their song from the hillside on this […] The post Howling Wolves: Second Grey Wolf Silver Coin Released to Market appeared first on CoinWeek.

Max Keiser interviewed GoldCore Research Director, Mark O’Byrne last week and the video was released on Saturday.Key points and topics covered:– “Monetary insanity” of ECB and Fed is “frightening” – “Absolutely nothing has been learned” since financial crisis – “Financial hypocrisy on a grand scale” – Ireland was vassal of Bank of England and now ECB – Ireland needs to get “financial and monetary independence” – Huge demand for gold and yet prices manipulated lower – Real unemployment is U.S. probably 15-20% – Dollar may rally in short term but vulnerable in long term – Russia, China may monetise gold [...]

Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) released a new video highlighting the progress at The North Bullfrog Project, located in Nevada. The project has excellent infrastructure, being adjacent to a major highway and power corridor. Corvus Gold had previously focused the bulk of its exploration and development work on Sierra Blanca, Jolly Jane and Mayflower deposits. With the discovery of a high-grade gold-silver zone called Yellowjacket on the northeastern boundaries of the Sierra Blanca deposit, the Company has now diverted its exploration work to this newly discovered system and other potential high-grade systems within the project. Connect with Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) to [...]

by John Feigenbaum, Publisher This edition of the Quarterly III publication is one of our last productions for the calendar year of 2015. Ever since I took over as publisher of CDN in August of this year, Patrick Ian Perez (editor) and I have spent countless hours working through the various publications and taking our time to focus on specific series to bring their prices up to date. We are also working on the layout of the publications to make them more readable. In this December edition of the Quarterly III, we have honed in on the proof 3-cent silver [...]

Chile is well known for its prolific copper production, accounting for nearly a third of the world’s total output. However, the nation’s highly productive Andean geology doesn’t just hosts world-class copper deposits — it is home to abundant precious metals resources as well. In fact, the Chilean silver rush of the mid-19th century did much to drive demographic, infrastructural and economic growth in the South American nation, firmly establishing mining as an essential pillar of its economy. Today, silver mining in Chile is an exciting prospect, and the nation is among the world’s top silver-producing countries, with 50.6 million ounces in silver output [...]

Bank ‘bail-ins’ and the new international bail-in regime that impose losses on bank investors, bondholders and even depositors may undermine the confidence of small savers in the banking system, a senior Bank of Italy official warned on Wednesday. Protect Your Savings From The Wrecking Ball“The bail-in can exacerbate – rather than alleviate – the risks of systemic instability caused by the crisis of individual banks,” Carmelo Barbagallo, head of supervision at the central bank, astutely noted during a hearing before the Chamber of Deputies in Italy according to Reuters:“It can undermine confidence, which is the essence of banking; transfer the [...]

Trevali Mining Corporation (TSX:TV) announced a November mine and mill commissioning update for its Caribou Zinc Mine in the Bathurst Mining Camp of northern New Brunswick. As quoted from the press release: Table 1: Caribou Mill – key commissioning & preliminary production statistics (figures rounded) Caribou commissioning continued to advance through November, achieving steady, ongoing, month-to-month site improvements for the core metrics. Importantly both mill throughput and recoveries using planned run-of-mine feed grades continue to display positive trends versus both October and commissioning year-to-date (Table 1). This has resulted in increased zinc and lead concentrate production that is purchased by [...]

With blood on the streets across the entire commodities sector, Future Money Trends interviewed ‘Silver Guru’ David Morgan of the Morgan Report about the outlook for markets and why he remains bullish on silver and gold. David Morgan astutely noted:“At this moment in time, that we are truly at a level that it is really only the ardent silver bulls and resource investors who truly understand where we are in the market. Not only are we skipping along the lows, perhaps we can go lower, but there is true value here – in all aspects – not only in the [...]

Editor’s Note: Despite gold at near 6 year lows, global demand for physical bullion remains very high. This is clearly seen in the recent demand data from the U.S. Mint and other mints. It is also seen in demand data from GFMS and the World Gold Council which shows very robust demand from Germany, India and of course, China.There is also the very high official demand from central banks and, in particular, the Russian central bank and the People’s Bank of China (PBOC). Today came news that China’s gold reserves rose by another 21 tonnes in November, the biggest bout of [...]