Fireweed Metals hits 101.4 g/t silver at Macmillan Pass, Yukon

The British Columbia project's updated resource estimate incorporates an additional 25,659 metres of core drilling completed in 2020-22 and updated metal recoveries and pricing.

The company has completed 84,495 metres of diamond drilling across 122 drill holes since the program began in September 2020.

The funds will provide capital for what the company is calling the "most significant" exploration program ever initiated on its projects in northern Canada.

Drill hole JT22-152 returned 120.5 metres at 18.76 g/t gold, 0.55% copper, 3.86% zinc, 0.93% lead and 6 g/t silver (for 22.1 g/t AuEq).

The acquired portfolio includes one producing gold royalty on First Majestic’s La Encantada gold operation, four development silver royalties and three advanced exploration silver royalties.

The Pinguino sale marks another stage in the long-running silver, gold, zinc, lead and indium project in south-central Argentina.

Major silver miners are actually faring pretty well fundamentally despite the depressed silver prices.

Drilling along the Mojarra trend at PMV has resulted in a potential discovery was made via intersection of 18.75 metres of polymetallic massive sulphides.

The amount of tonnes of ore extracted from the earth in a day is vast at the world’s largest mines — owned and operated by the majors of the industry.