Welcome to our dedicated page for Silver Storm Mining Ltd. news (Ticker: GTAGF), a resource for investors and traders seeking the latest updates and insights on Silver Storm Mining Ltd. stock.
Golden Tag Resources Ltd. (soon - Silver Storm Mining Ltd.) is a Canadian mineral resource exploration company with a focus on advanced-stage silver projects in Durango, Mexico. The company recently acquired the La Parrilla Silver Mine Complex, a prolific operation with substantial infrastructure and a history of significant silver production. With a strategic goal of becoming a Latin American focused silver producer, the company is committed to building shareholder value through its high-quality silver projects. The La Parrilla Complex includes a 2,000 tpd mill, five underground mines, and an open pit, collectively producing 34.3 million silver-equivalent ounces between 2005 and 2019. The company also holds the San Diego Project, one of the largest undeveloped silver assets in Mexico.
Golden Tag Resources has announced the results of its first metallurgical tests on the Fernandez Zone of its San Diego Project in Durango, Mexico. These tests indicate that the Endoskarn mineralization can effectively utilize conventional flotation techniques. Key findings include recoveries of 76% silver and 84% lead, producing a concentrate with 51% lead and 4700 g/t silver. Additionally, improvements in the recovery rates for copper and gold were noted. Future metallurgical tests are planned for 2023 to further optimize these results.
Golden Tag Resources Ltd. announced the successful completion of drillholes 22-65A and 22-65B at the San Diego Project, Durango, Mexico. Highlights include high-grade silver equivalent (Ag.Eq) intersections: 1,551 g/t over 0.60 m and 1,194 g/t over 0.65 m in the Rata Zone, and significant intervals in the Canta and CSplay Zones. The Fernandez Zone is confirmed to extend approximately 70 m northwest, with potential dimensions of 140 m x 70 m horizontally and 530 m vertically. The results suggest increased resource potential beyond previously established limits. The zone remains open to the west.
Golden Tag Resources Ltd. announced complete results from diamond drillhole 22-64 at the San Diego Project in Durango, Mexico. The drillhole achieved significant silver equivalent grades, including 60 g/t Ag.Eq over 73.50 m from surface, indicating substantial open-pit mineralization potential. Other notable results include 422 g/t Ag.Eq over 0.63 m in the Rata Zone and 405 g/t Ag.Eq over 0.70 m in the Canta Zone. The exploration suggests mineralization extends over broad intervals, positioning the project favorably for future resource evaluation.
FAQ
What is the market cap of Silver Storm Mining Ltd. (GTAGF)?
What is Golden Tag Resources Ltd. focused on?
What recent acquisition did the company complete?
What is included in the La Parrilla Silver Mine Complex?
How much silver-equivalent ounces were produced by the La Parrilla Complex?
What additional project does the company hold?
