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17 09, 2018

Prize Mining Commences Diamond Drill Programs

By |2018-09-17T22:14:57+00:00September 17th, 2018|Coin Shop Blog|Comments Off on Prize Mining Commences Diamond Drill Programs

Prize Mining Corporation (TSXV:PRZ) has announced the formal commencement of the initial diamond drill program on its wholly owned Manto Negro copper project in Coahuila State, Mexico and phase II drilling on the Toughnut gold-silver properties in southeastern British Columbia. President and CEO of Prize Mining, Michael McPhie said: “This first phase of diamond drilling at Manto Negro will provide us with an opportunity to confirm the width and depth of these exceptionally high-grade copper and silver surface oxide deposits. At Toughnut, we are eager to follow up on previous work by Prize and others that has indicated the presence of [...]

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7 09, 2018

Dolly Varden Intercepts Silver in Torbrit-East

By |2018-09-07T22:13:52+00:00September 7th, 2018|Coin Shop Blog|Comments Off on Dolly Varden Intercepts Silver in Torbrit-East

Dolly Varden Silver Corporation (TSXV:DV,OTCBB:DOLLF) announced the results of the second batch of 10 drill holes from the 2018 diamond drilling program. The Dolly Varden Silver property is in the Golden Triangle of northwestern British Columbia, Canada. As quoted in the press release: In the Torbrit East zone, hole DV18-105 yielded 24.00 metres (22.55 meters estimated true thickness) grading gold 287.5 grams per tonne, lead 0.29 percent and zinc 0.11  percent, for a silver-equivalent of 306.6 grams per tonne. Within this intercept are 8.00 metres (7.52 meters estimated true thickness) grading gold 585.2 grams per tonne, lead 0.49 percent and zinc 0.11 percent, for a silver-equivalent [...]

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6 09, 2018

Coeur Announces Commercial Production at Silvertip Mine

By |2018-09-06T04:17:17+00:00September 6th, 2018|Coin Shop Blog|Comments Off on Coeur Announces Commercial Production at Silvertip Mine

Coeur Mining's (NYSE:CDE) Silvertip silver-zinc–lead project has begun commercial production, prompting the miner to update its full-year guidance, the company announced on Tuesday (September 4). Couer purchased the mine, which is located in northern British Columbia, in October of last year with initial production beginning in March 2018. “[O]ur team has been focused on optimizing plant performance and on upgrading the mine's infrastructure. We continue to be excited about the impact Silvertip is expected to have on our production, margins and cash flow beginning next year,” said Mitchell J. Krebs, president and CEO. Will Silver Go Up This Year?   [...]

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5 09, 2018

Tellurium Nanoparticles Have Potential to Revolutionize Desalination Efficiency

By |2018-09-05T22:13:43+00:00September 5th, 2018|Coin Shop Blog|Comments Off on Tellurium Nanoparticles Have Potential to Revolutionize Desalination Efficiency

Deer Horn Capital (CSE:DHC) (the “Company” or “Deer Horn”), announces that, according to a recent article in the journal Science Advances, tellurium nanoparticles could triple the rate of evaporation for solar desalination. If effective on a commercial scale, the process could reduce the energy needed for desalination plants by ten times. The International Desalination Association reports that there are currently more than 18,400 desalination plants operating worldwide, providing water for more than 300 million people in 150 countries. As the desalination industry makes advances in efficiency, these numbers are expected to grow. Over half the costs of operating desalination plants comes from energy. According [...]

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26 07, 2018

Teck Provides Update on Galore Creek Project

By |2018-07-26T22:17:36+00:00July 26th, 2018|Coin Shop Blog|Comments Off on Teck Provides Update on Galore Creek Project

Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK) announced today (July 26) that its partner in the Galore Creek joint venture project, NOVAGOLD Resources (TSX:NG) has entered into an agreement to sell its 50 percent project interest to Newmont Mining Corporation (NYSE:NEM) for US$275 million in staged and contingent payments. As quoted in the press release: Teck and Newmont have agreed to a work plan at Galore Creek with the objective of completing an updated pre-feasibility study over the next three-to-four years to improve overall project understanding and economics. Teck will invest approximately C$12-20 million (US$10-15 million) annually to complete this work. Teck and Newmont [...]

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