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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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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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