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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: LoneClone2/7/2022 5:18:54 PM
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Anchan

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Impact Silver aka IPT released more drill results from its producing Veta Negra Ag/Au/Pb/Zn mine in Zacatecas, Mexico. The headline intersections of 19.8M of 257 g/t Aur and 12.97M of 487 g/t Ag reflect the wide veins found in the area that will continue to provide profitable mill feed. Drilling has moved on to look for extensions of mineralization at the nearby San Roman mine, after which it will return to Veta Negra.

Message 33697565

Interesting developments at Queen's Road Capital aka QRC, which is primarily an investing vehicle for the six Aussie billionaires who collectively own 81.7% of the shares. I figured they might be getting pissed off by now considering how poorly QRC has performed since its inception, but apparently not, since all six have agreed to contribute $80 toward the a $100M PP announced this morning. One nice aspect of the deal is that no finder's fee will be paid for the $80M. The PR gives no indication of what might be done with the $100M, other than the vague it "will be used to fund additional investments".

ca.finance.yahoo.com
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