Silver mining in Nevada

Allegiant Announces Filing of Preliminary Short Form Prospectus and Updated Technical Report for Previously Announced Bought Deal Offering and Updated Inferred Resource Estimate of 1.4M Gold and 8.7M Silver Ounces at Flagship Eastside Project in Nevada

Retrieved on: 
Wednesday, August 4, 2021
Regions of the United States, Geography of Nevada, States of the United States, Economic geology, Mineral economics, Silver mining in Nevada, Tonopah, Nevada, Reno, Nevada, Nevada, National Instrument 43-101

The work has resulted in a significant increase in Inferred resources at its district-scale flagship, Eastside and Castle property near Tonopah, Nevada.

Key Points: 
  • The work has resulted in a significant increase in Inferred resources at its district-scale flagship, Eastside and Castle property near Tonopah, Nevada.
  • The updated resource now incorporates a resource at the Castle Area and 9 additional holes at the Eastside Original Pit Zone.
  • The updated resource estimate (Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada) was conducted by Mine Development Associates (MDA), a division of RESPEC of Reno, Nevada with an effective date of July 30, 2021.
  • Allegiants flagship, district-scale Eastside project hosts a large and expanding gold resource and is located in an area of excellent infrastructure.

Summa Silver Executes Drilling Contract for the High-Grade Hughes Silver-Gold Property, Nevada

Retrieved on: 
Wednesday, March 17, 2021
Geography of Nevada, Regions of the United States, Nevada, Unincorporated towns in Nevada, Silver mining in Nevada, Tonopah, Nevada, Elko station

VANCOUVER,BC, March 17, 2021 /PRNewswire/ - Summa Silver Corp. ("Summa" or the "Company") (TSXV: SSVR) (OTCQB: SSVRF) (Frankfurt:48X) is pleased to announce that it has engaged National Drilling EWP of Elko, NV to carry out drilling at the Company's high-grade silver-gold Hughes Property near Tonopah, Nevada in 2021.

Key Points: 
  • VANCOUVER,BC, March 17, 2021 /PRNewswire/ - Summa Silver Corp. ("Summa" or the "Company") (TSXV: SSVR) (OTCQB: SSVRF) (Frankfurt:48X) is pleased to announce that it has engaged National Drilling EWP of Elko, NV to carry out drilling at the Company's high-grade silver-gold Hughes Property near Tonopah, Nevada in 2021.
  • The focus of the drilling will be to expand on previously reported high-grade silver and gold intercepts at hole spacings suitable for mineral resource estimation.
  • The Company has options to earn 100% interests in the Hughes property located in central Nevada and the Mogollon property located in southwestern New Mexico.
  • The Hughes property is host to the high-grade past-producing Belmont Mine, one of the most prolific silver producers in the United States between 1903 and 1929.

West Vault Closes Gold and Silver Stream Transaction with Sprott

Retrieved on: 
Monday, March 1, 2021
Silver mining in Nevada, Tonopah, Nevada, Sprot, Geography of Nevada, Nevada, Western United States

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2021) - West Vault Mining Inc. (TSXV: WVM) (OTCQX: WVMDF) ("West Vault" or the "Company") announces the closing of a gold and silver Purchase and Sale Agreement (the "Stream Agreement") with Sprott Private Resource Streaming and Royalty Corp. ("Sprott") for 1.41% of all refined gold and silver (the "1.41% Stream") to be produced for the life of mine from the 100% owned and permitted Hasbrouck Gold Project, located southwest of Tonopah, Nevada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 1, 2021) - West Vault Mining Inc. (TSXV: WVM) (OTCQX: WVMDF) ("West Vault" or the "Company") announces the closing of a gold and silver Purchase and Sale Agreement (the "Stream Agreement") with Sprott Private Resource Streaming and Royalty Corp. ("Sprott") for 1.41% of all refined gold and silver (the "1.41% Stream") to be produced for the life of mine from the 100% owned and permitted Hasbrouck Gold Project, located southwest of Tonopah, Nevada.
  • The Stream Agreement for the 1.41% Stream was first announced by the Company on February 22, 2021.
  • Under the terms of the Stream Agreement, Sprott has paid the Company an advance purchase deposit of US $6.0 million (the "Advance Deposit").
  • West Vault is focused on maximizing shareholder value for its 100% interest in the Hasbrouck Gold Project.

West Vault Enters US $7.3 Million Gold and Silver Stream Agreement with Sprott

Retrieved on: 
Monday, February 22, 2021
Silver mining in Nevada, Tonopah, Nevada, Tonopah, Geography of Nevada, Nevada, Western United States

At a gold price of US $1,800, an independent Pre-feasibility Study completed in 20161 (the "2016 PFS") estimated an after-tax IRR of 92% and a US $295 Million NPV(5).

Key Points: 
  • At a gold price of US $1,800, an independent Pre-feasibility Study completed in 20161 (the "2016 PFS") estimated an after-tax IRR of 92% and a US $295 Million NPV(5).
  • The Hill of Gold property hosts a non-current historical inferred resource (see the Company's news release dated February 2, 2021).
  • Closing of the Stream Agreement is subject to the satisfaction of closing conditions, including receipt of regulatory approval.
  • About West Vault Mining Inc.
    West Vault is focused on maximizing shareholder value for its 100% interest in the permitted Hasbrouck Gold Project in Tonopah, Nevada.

West Vault Acquires 100% Ownership Interest in the Hill of Gold Property and Extinguishes 2% NSR Royalty

Retrieved on: 
Tuesday, February 2, 2021
Silver mining in Nevada, Tonopah, Nevada, Geography of Nevada, Nevada, Western United States

Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - West Vault Mining Inc. (TSXV: WNM) ("West Vault" or the "Company") announces its buyout of the Hill of Gold property (the "Hill of Gold Property") in exchange for a one-time payment of US $250,000.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - West Vault Mining Inc. (TSXV: WNM) ("West Vault" or the "Company") announces its buyout of the Hill of Gold property (the "Hill of Gold Property") in exchange for a one-time payment of US $250,000.
  • The Hill of Gold Property is located approximately 3.5 miles southwest of Tonopah, Nevada, midway between the Company's 100% owned Three Hills Mine property and Hasbrouck Mine property (together the "Hasbrouck Gold Project").
  • The Hill of Gold property comprises 25 mining claims on approximately 500 acres of unpatented land.
  • The Hill of Gold host rock and geological setting are similar to those found at the nearby Three Hills deposit.

Drilling at Allegiant’s Bolo Gold Project Intersects 38.1 Metres of 1.08 g/t Gold and 26 g/t Silver and Continues to Expand Gold Zones at Depth

Retrieved on: 
Wednesday, September 16, 2020
Silver mining in Nevada, Economic geology, Tonopah, Nevada, Tonopah, Gold mining, Carlin, Geography of Nevada, Nevada, Western United States

Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis.

Key Points: 
  • Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis.
  • ALLEGIANT's flagship, district-scale Eastside project hosts a large and expanding gold resource and is located in an area of excellent infrastructure.
  • New Placer Dome Gold Corp. is a gold exploration company focused on acquiring and advancing gold projects in Nevada.
  • The Bolo Project, located 90 km northeast of Tonopah, Nevada, is another core asset, similarly hosting Carlin-style gold mineralization.

Comstock Mining Advances Lucerne Sale Towards Near-Term Closing; Total Non-Refundable Deposits Exceed $7.7 Million

Retrieved on: 
Wednesday, August 14, 2019
Comstock, Silver mining in Nevada, Comstock, Silver mining in Nevada

Under the January 2019 agreement, Comstock is selling the membership interest in Comstock Mining LLC to Tonogold for $15 million, plus the assumption of certain liabilities and a retained 1.5% NSR royalty on Lucerne.

Key Points: 
  • Under the January 2019 agreement, Comstock is selling the membership interest in Comstock Mining LLC to Tonogold for $15 million, plus the assumption of certain liabilities and a retained 1.5% NSR royalty on Lucerne.
  • The extension brings total cash deposits through August to $4.225 million, all toward the agreed purchase price.
  • Once the final payment is made, Tonogold will then own 100% of the membership interests Comstock Mining LLC, owner of Lucerne.
  • Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining.

Comstock Mining Announces Notice of Second Quarter 2019 Results and Business Update Conference Call

Retrieved on: 
Thursday, August 8, 2019
Comstock, Geography of Nevada, Silver mining in the United States, Virginia City, Nevada, Silver mining in Nevada

VIRGINIA CITY, Nev., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the Company) (NYSE American: LODE) will host a conference call on Thursday, August 15, 2019 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to report Second Quarter results and provide a business update.

Key Points: 
  • VIRGINIA CITY, Nev., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the Company) (NYSE American: LODE) will host a conference call on Thursday, August 15, 2019 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to report Second Quarter results and provide a business update.
  • The dial-in telephone number for the live audio are as follows:
    Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining.
  • The Company began acquiring properties in the Comstock District in 2003.
  • Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows or the market price of our securities.

SSR Mining Reports Second Quarter 2018 Production Results

Retrieved on: 
Thursday, July 12, 2018
Mining companies of Canada, S&P/TSX 60 Index, Economy of Canada, Mining, Tahoe Resources, Silver mining in Nevada

During the second quarter of 2018, the operation produced 1.0 million ounces of silver, for a total of 1.9 million ounces produced in the first half of 2018, exceeding our silver production guidance of 1.6 million ounces.Silver sales were 1.1 million ounces for the quarter, as concentrate inventories were further reduced.

Key Points: 
  • During the second quarter of 2018, the operation produced 1.0 million ounces of silver, for a total of 1.9 million ounces produced in the first half of 2018, exceeding our silver production guidance of 1.6 million ounces.Silver sales were 1.1 million ounces for the quarter, as concentrate inventories were further reduced.
  • Our attributable share of silver production and sales in the second quarter were 0.7 million ounces and 0.9 million ounces, respectively.
  • Ore was milled at an average rate of 4,353 tonnes per day in the second quarter, 5% above the previous quarter.
  • We commenced production of zinc concentrate from stockpiles later in the second quarter, and produced approximately 1.5 million pounds of zinc.No zinc sales occurred during the quarter.

Bonanza Goldfields Enlarges Tonopah, Nevada Footprint; to Acquire Mizpah Mines LLC

Retrieved on: 
Monday, June 4, 2018
Nevada, Western United States, Tonopah, Nevada, Silver mining in Nevada, Tonopah, Mizpah, U.S. Route 95

LAS VEGAS, June 4, 2018 /PRNewswire/ --Bonanza Goldfields Corp. (OTC PINK: BONZ) has entered into an agreement to acquire Mizpah Mines, LLC, which has an option to purchase the Sparrow patented mining claim at Tonopah, Nevada.

Key Points: 
  • LAS VEGAS, June 4, 2018 /PRNewswire/ --Bonanza Goldfields Corp. (OTC PINK: BONZ) has entered into an agreement to acquire Mizpah Mines, LLC, which has an option to purchase the Sparrow patented mining claim at Tonopah, Nevada.
  • Initial dump sampling at the Mizpah Extension Mine has indicated anomalous gold and silver values.
  • Tonopah is located midway between Las Vegas and Reno, Nevada and is conveniently accessed by US Highway 95 and US Highway 6.
  • About Bonanza Goldfields Corp.: BONZ is a Las Vegasbased mineral exploration and mining company.