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Silver Storm - SVRSF STOCK NEWS

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. (SVRSF) is a leading mining company based in Toronto, Ontario, with a focus on advanced-stage silver projects in Durango, Mexico. The company recently acquired the La Parrilla Silver Mine Complex, comprising a 2,000 tpd mill and multiple mining sites that have produced millions of silver-equivalent ounces. Additionally, Silver Storm holds a significant interest in the San Diego Project, a promising silver asset in Mexico. With a strong leadership team led by Greg McKenzie, the President & CEO, Silver Storm is committed to strategic growth and development within the mining industry.

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Silver Storm Mining has announced a significant update to their Mineral Resource estimate at the La Parrilla Silver Mine Complex in Durango, Mexico. The update shows a 107% increase in Indicated Mineral Resources to 10.8 Moz Ag.Eq and a 58% increase in Inferred Mineral Resources to 16.3 Moz Ag.Eq.

Key highlights include:

  • Approximately 90% of Indicated and 85% of Inferred Resources are sulphide mineralization
  • Silver represents 66% of Indicated and 69% of Inferred Resource value
  • 23 additional mineralized structures have been modeled
  • Total exploration cost of US$0.22/oz Ag.Eq discovered

The update incorporates 18,626 meters of underground drilling and shows improved grade and thickness at depth. The company completed an exhaustive reinterpretation of mineralized structures, resulting in a 74% increase in interpreted mineralization volume.

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Silver Storm Mining has announced significant drill results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. Key findings include multiple high-grade intercepts within the C460 Zone, extending up to 138m beyond previously mined levels.

Notable results include:

  • Hole Q-24-047: 1,335 g/t Ag.Eq over 3.68m within a broader interval of 618 g/t Ag.Eq over 18.04m
  • Hole Q-24-049: 1,781 g/t Ag.Eq over 1.03m within 958 g/t Ag.Eq over 2.03m
  • Hole Q-24-057: 696 g/t Ag.Eq over 2.02m within 396 g/t over 5.52m

The C460 Zone is a sulphide replacement vein with a known strike length of 425m, mineralized over a vertical extent of 570m, with thickness varying up to 8.5m. These results, combined with historical data, are expected to positively impact future Mineral Resources.

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Silver Storm Mining has announced drill results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. The results come from 12 holes (1,502 metres) in the San Nicolas and C550 Zones within the Quebradillas mine.

Key highlights include:

  • Hole Q-24-054: 535 g/t Ag.Eq over 2.50m within 302 g/t Ag.Eq over 7.00m
  • Hole Q-24-065: 847 g/t Ag.Eq over 4.15m within 565 g/t Ag.Eq over 7.20m
  • Q-24-063: 643 g/t Ag.Eq over 0.40m and 468 g/t Ag.Eq over 0.50m

The drilling has extended high-grade mineralization at San Nicolas up to 70m above the last mined stope and confirmed mineralization extends at least 40m beneath the last development. At C550, drilling identified a high-grade zone extending 77m below previous development and discovered new mineralization to the south.

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Silver Storm Mining has announced significant drill results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. Key findings include high-grade intersections at the San Marcos Zone, with notable results such as 611 g/t Ag.Eq over 1.50m and 440 g/t Ag.Eq over 1.40m. The drilling has extended the high-grade replacement sulphide zone over a 34m strike length and 100m downdip below the last mine development. The results indicate wider mineralization at depth compared to previously mined horizons. Additional oxide mineralization was discovered in upper undeveloped levels, approximately 40m above last development and 95m below surface, suggesting potential for supplementing the oxide circuit in a restart scenario.

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Silver Storm Mining has announced significant results from its Phase 2 diamond drill program at the La Parrilla Silver Mine Complex in Durango, Mexico. The company identified three high-grade zones in Central Rosarios spanning 275 meters and extending mineralization up to 148 meters below the last mined area.

Key highlights include hole RO-24-047 returning 584 g/t Ag.Eq over 1.81m within a broader interval of 338 g/t Ag.Eq over 4.23m. The three high-grade zones collectively span a strike length of 275m down to a depth of ~600m and remain open at depth. Additionally, Footwall sulphide zones approximately 60m south of the Rosarios Zone were intersected with significant silver equivalent grades.

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Silver Storm Mining announced drill results from its Phase 2 diamond drilling program at La Parrilla Silver Mine Complex in Durango, Mexico. Key highlights include hole Q-24-040 returning 516 g/t Ag.Eq over 3.00 m within a broader interval of 302 g/t Ag.Eq over 15.00 m. The Norte-Sur Zone showed high-grade intercepts up to 180 m beyond the last mined levels. Hole Q-24-043 successfully intersected 287 g/t Ag.Eq over 6.60 m, demonstrating potential for resource expansion at depth.

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Silver Storm Mining announces the resumption of trading on TSX-V on November 28, 2024, following the resolution of a cease trade order. The company completed its underground diamond drill program at La Parrilla Silver Complex in October 2024, with 18,682 metres drilled during Phase 1 & 2. Of these, 12,265 metres have been reported, with remaining 6,417 metres to be reported soon. SRK Canada has been engaged to prepare a Mineral Resource Update, targeted for January 2025. The company also announced its Annual Shareholders' Meeting for January 24, 2025.

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Silver Storm Mining announces CFO transition as Mr. Carmelo Marrelli steps down, with a search for successor underway. The company also disclosed amendments to its previous private placement offering, revealing updated figures: 35,392,610 common shares issued, 17,696,305 purchase warrants, and $124,990 in cash finders' fees. Additionally, Silver Storm has engaged Epstein Research for a six-month investor engagement services agreement starting October 1, 2024, for US$10,000, following a three-month trial period that cost US$5,000.

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Silver Storm Mining announced high-grade drill results from its Phase 2 diamond drilling program at La Parrilla Silver Mine Complex in Mexico. Key findings include multiple high-grade silver equivalent intercepts from the La Estrella and San Rafael Zones, with notable results of 2,550 g/t Ag.Eq over 0.50m and 1,546 g/t Ag.Eq over 0.49m. The La Estrella Zone shows mineralization over a strike length of 225m, vertical extent of 175m, and true thickness up to 6m. The San Rafael Zone extends approximately 120m in strike length with 80m vertical extent and up to 7.5m true width.

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Silver Storm Mining announces its participation in two major investor conferences in November 2024. The company will attend the 121 Mining Investment Conference in London (November 14-15) at Booth #D20, where over 150 mining companies and 500 investors will gather for pre-arranged meetings. Subsequently, Silver Storm will participate in the 50th Annual New Orleans Investment Conference (November 20-23) at the Hilton New Orleans Riverside, featuring a Corporate Luncheon on November 21.

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FAQ

What is the current stock price of Silver Storm (SVRSF)?

The current stock price of Silver Storm (SVRSF) is $0.089 as of February 28, 2025.

What is the market cap of Silver Storm (SVRSF)?

The market cap of Silver Storm (SVRSF) is approximately 31.1M.

Where is Silver Storm Mining Ltd. based?

Silver Storm Mining Ltd. is based in Toronto, Ontario.

What are the core projects of Silver Storm Mining Ltd.?

Silver Storm Mining Ltd. focuses on advanced-stage silver projects in Durango, Mexico, including the La Parrilla Silver Mine Complex and the San Diego Project.

Who is the President & CEO of Silver Storm Mining Ltd.?

Greg McKenzie serves as the President & CEO of Silver Storm Mining Ltd.

What recent achievement has Silver Storm Mining Ltd. announced?

Silver Storm Mining Ltd. recently participated in the 121 Mining Investment Conference in New York, showcasing their strategic direction.

How can investors connect with Silver Storm Mining Ltd.?

Investors can reach out to Silver Storm Mining Ltd. via email at info@silverstorm.ca or visit their website at www.silverstorm.ca for more information.

What sets Silver Storm Mining Ltd. apart in the mining industry?

Silver Storm Mining Ltd. stands out for its focus on advanced-stage silver projects, strong leadership, and commitment to growth and development.

What is the upcoming event that Silver Storm Mining Ltd. will be participating in?

Silver Storm Mining Ltd. will be participating in the 121 Mining Investment Conference in New York, offering insights into their recent achievements and future activities.

What is the significance of the La Parrilla Silver Mine Complex to Silver Storm Mining Ltd.?

The La Parrilla Silver Mine Complex is a key asset for Silver Storm Mining Ltd., contributing to its production of millions of silver-equivalent ounces.

Why is the San Diego Project important for Silver Storm Mining Ltd.?

The San Diego Project represents one of the largest undeveloped silver assets in Mexico for Silver Storm Mining Ltd., showcasing their potential for growth and expansion.

How can interested investors attend the 121 Mining Investment Conference in New York?

Investors can register for a free pass to attend the 121 Mining Investment Conference in New York through the provided link.
Silver Storm

OTC:SVRSF

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SVRSF Stock Data

31.12M
208.35M
53.1%
0.01%
Silver
Basic Materials
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Canada
Toronto