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U.S. Silver & Gold announces 2012 production totals, 2013 guidance and high-grade silver copper in Caladay Zone
TORONTO, Jan. 30, 2013
TORONTO, Jan. 30, 2013 /PRNewswire/ – U.S. Silver & Gold Inc. (“U.S. Silver &
Gold” or the “Company”) (TSX: USA) (OTCQX: USGIF) today announced
production for 2012, production guidance for 2013 and positive new
findings in the Caladay Zone (previously known as the Lead Zone) of the
- Strong fourth quarter consolidated silver production totalling 661,337
ounces along with gold production of 3,832 ounces.
- Consolidated annual silver production of 2.57 million ounces,
representing an increase of 6 percent over 2011 and consolidated annual
gold production of 20,432 ounces.
- Discovery of a large, high grade area of silver-copper mineralization
adjacent to the Caladay Zone. Drill results include 3.7 feet at 65.3
ounces per ton silver (2,239 grams per tonne), 5.5 feet at 59.7 ounces
per ton silver (2,047 grams per tonne) and 2.0 feet at 66.2 ounces per
ton silver (2,270 grams per tonne).
- Additional high grade silver-lead mineralization identified in the
Caladay Zone since the Company’s last exploration update1 including 16.8 feet at 25.79 ounces per ton silver equivalent2 (884 grams per tonne silver equivalent) and 7.5 feet at 23.90 ounces
per ton silver equivalent (819 grams per tonne silver equivalent).
- Year-end cash balance of approximately $19 million.
A strike at the port of Los Angeles enters a seventh day, disrupting the busiest shipping complex in the US.
See the original post here: Los Angeles port hit by strike
HYPERMARCAS S.A. (“Hypermarcas” or the “Company”) hereby informs to its shareholders and to the market in general that, on the present date, there was executed a Agreement for the Purchase and Sale of Shares and Other Covenants (the “Agreement”), between the Company and Avert Laborat
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