Silver lures junior resource firm

Silver lures junior resource firm

By WENDY STUECK
From Saturday's Globe and Mail

VANCOUVER — Junior resource companies tend to go where the action is, piling into commodities or regions based on price trends or promising discoveries.

...

In another reflection of silver prices that climbed by almost 14 per cent last year and by nearly 30 per cent between 1999 and 2004, Silver Standard Resources Inc. is talking about putting some of its assets into production.

Vancouver-based Silver Standard has been buying and holding silver properties for the past 20 years and now claims to hold the world's biggest known underground hoard of silver. Silver Standard has a market value of $695-million (Canadian).

 

Silver Standard Intersects 385 Feet Grading 2.4 oz./ton
Silver Plus Base Metals in Breccia Ridge Zone at Pitarrilla in Mexico
Monday May 9, 9:00 am ET

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 9, 2005--Silver Standard Resources Inc. (TSX:SSO; NASDAQ:SSRI) is pleased to report assay results from hole BPD-17 drilled at the newly discovered Breccia Ridge Zone at the company's wholly-owned Pitarrilla silver project located approximately 150 kilometers (90 miles) north of Durango City in the state of Durango, Mexico.

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bitte melden, die Post geht ab.



 

December 31, 2024
SSR MINING CELEBRATES 5 MILLION OUNCES OF GOLD PRODUCTION FROM MARIGOLD
DENVER - SSR Mining Inc. (Nasdaq/TSX: SSRM, ASX: SSR) ("SSR Mining" or the “Company") is pleased to
announce that the Marigold Mine achieved 5 million ounces of gold production on December 30, 2024. Marigold has
been in continuous operation for more than 35 years and has produced more than 2 million ounces of gold since its
acquisition by SSR Mining in 2014, including a record 278,000 ounces of gold production in 2023.
Rod Antal, Executive Chairman of SSR Mining, said, “We are very proud of the Marigold team for this significant
milestone. Producing five million ounces of gold over 35 years of continuous operations is a testament to the quality
of the Marigold mine and its team. Of note, Marigold still hosted nearly 3 million ounces of Mineral Reserves as of
December 31, 2023, supporting a mine life of at least 9 years. In 2024, we targeted approximately $10 million in
growth expenditures at Marigold as we continue to invest meaningfully in mine life extension opportunities at the mine,
including at the Buffalo Valley project. We look forward to many more years of safe, responsible and successful
operations at Marigold going forward.”

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