Welcome to our dedicated page for Silver Storm news (Ticker: SVRSF), a resource for investors and traders seeking the latest updates and insights on Silver Storm stock.
Silver Storm Mining Ltd. reports developments tied to its silver mining assets, led by the 100%-owned La Parrilla Silver Mine Complex in Durango, Mexico. Company news commonly covers drilling at zones such as San Nicolas, mineralized vein and breccia systems, processing infrastructure, assay and metallurgical laboratory work, and rehabilitation activities at the past-producing complex.
Updates also include governance and leadership changes, operating and financial results, non-core royalty monetization, and technical disclosures reviewed under mining disclosure standards. The recurring news themes center on La Parrilla project execution, exploration results, processing capacity, and corporate actions supporting the company's mining portfolio.
Silver Storm Mining has announced high-grade drill results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. The results focus on the Rosarios and San Carlos Zones within the Rosarios mine. Key highlights include:
- Hole RO-24-028: 1,306 g/t Ag.Eq over 1.60 m within 887 g/t Ag.Eq over 2.54 m
- Hole RO-24-015: 1,791 g/t Ag.Eq over 0.35 m within 711 g/t Ag.Eq over 1.03 m
- Hole RO-24-032A: 731 g/t Ag.Eq over 1.40 m within 305 g/t Ag.Eq over 5.60 m
- Hole RO-24-034: Multiple high-grade intercepts, including 1,085 g/t Ag.Eq over 0.50 m
The results are expected to have a positive impact on future Mineral Resources, extending high-grade mineralization up to 128 m below previously identified resources.
Silver Storm Mining (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR) has provided a bi-weekly update on its management cease trade order (MCTO) issued on July 30, 2024. The company is unable to file its annual financial statements and related documents for the financial year ended March 31, 2024, by the July 29, 2024 deadline. This delay is due to complexities associated with the acquisition of the La Parrilla assets. Silver Storm expects to file the Annual Filings no later than August 28, 2024. The company does not anticipate further delays in filing its financial documents for the period ended June 30, 2024, due by August 29, 2024. Silver Storm confirms it is complying with the Alternative Information Guidelines set out in NP 12-203 and will continue to issue bi-weekly default status reports.
Silver Storm Mining (SVRSF) announced significant drill results from its La Parrilla Silver Mine Complex in Durango, Mexico. The results are part of the Phase 1 diamond drilling program at the San Marcos Mine and include 16 holes totaling 1,935 meters.
Key highlights include hole SM-24-010 returning 504 g/t Ag.Eq over 5.14 meters and 367 g/t Ag.Eq over 2.63 meters, while SM-24-011 showed 569 g/t Ag.Eq over 2.00 meters and 431 g/t Ag.Eq over 1.87 meters. These findings extend high-grade mineralization approximately 100 meters below the last mined stopes.
The San Marcos South holes indicate mineralization widening at depth, and new discoveries include a zone 10 meters southwest of the San Marcos Zone. These results are expected to positively impact future Mineral Resources in terms of tonnage and grade.
Silver Storm Mining has initiated Phase 2 of their diamond drill program at the La Parrilla Silver Mine in Durango, Mexico, with the addition of a second drill rig. Phase 2 aims to convert inferred mineralization to indicated over the next three months with 7,500 meters of planned drilling. Phase 1 included 69 drill holes with significant results, notably from the Quebradillas and Rosarios mines. Assays from 16 holes at San Marcos are pending. The high-grade mineralization findings could potentially extend beyond the current resource envelope, enhancing resource estimates and aiding in restarting production at La Parrilla.
Silver Storm Mining (TSXV: SVRS, OTCQB: SVRSF, FSE: SVR) announced its participation in the 121 Mining Investment Conference in New York on June 3-4, 2024. Greg McKenzie will present the company's recent achievements and future plans, providing strategic insights. The event features over 80 mining companies and 250 investors, with pre-arranged meetings and expert commentary on industry developments. Silver Storm invites participants to visit Booth #A12. Investors can register for free passes.
Silver Storm Mining has announced the results from its Phase 1 diamond drilling program at its La Parrilla Silver Mine Complex in Durango, Mexico. The results from 23 holes (3,039 m) in the Rosarios and C340 Zones of the Rosarios mine show numerous high-grade intercepts. Notable findings include hole RO-24-015 with 598 g/t Ag.Eq over 3.91 m, including 1,170 g/t Ag.Eq over 0.50 m. High-grade mineralization was found in the Central, Western, and Eastern Rosarios zones, extending mineralized zones downdip and revealing potential new extensions.
Additionally, new mineralized zones were identified in Eastern Rosarios, with hole RO-24-007 returning 605 g/t Ag.Eq over 0.31 m. The results are expected to positively impact future Mineral Resources, both in terms of tonnage and grade. The company will focus on increasing drilling density in Phase 2 to identify Indicated Resources and extend Inferred Resources at depth.
Silver Storm Mining is participating in the 121 Mining Investment Conference in London where Greg McKenzie will present recent achievements and future plans. The conference will host over 100 mining companies and 400 investors for targeted meetings on May 15-16.
Silver Storm Mining announces positive drill results from its Phase 1 program at La Parrilla Silver Mine Complex in Mexico. Key highlights include high-grade mineralization in the La Estrella and San Rafael Zones. Results suggest potential future resource updates and mineralized zones expansion.
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