Aug 14, 2013 3:30 am
If you want to be on the cutting edge of silver and precious metal investment opportunities, look no further! We've been following a few precious metal bulls that are in the midst of a renaissance. When you grab the bull by the horns the stakes are high! We have zeroed-in on some of the most lucrative investment opportunities of August.
Canadian junior Dolly Varden Silver (TSXNULL) is in a very promising position. The company has recently acquired a mining site in the mountainous region of north-western British Columbia. It's important to note that these are mature mining prospects. Nonetheless, a study in the 1980's concluded that there's a whopping 6 million ounces of silver. The TSX listed company is looking to identify a new potential target located further north of its existing sites. Another exciting resource companies to follow is Reservoir Minerals (TSXVNULL).
What makes this particularly enticing is that the company has discovered that the high grade silver prospects in its Serbian property is implicit of the presence of other minerals; this includes zinc and high-grade lead. This is very much hitting two birds with one stone. Lead and zinc are crucial components in manufacturing, construction, electronics, and nanotechnology. In addition to silver, Reservoir has initiated a very promising compound gold ore mining project. Specifically, it is a joint venture with industry veteran; Freeport-McMoRan Copper & Gold. Freeport has committed to fund all costs associated with mineral exploration until Reservoir gets credit approval from affiliated banks. Reservoir is also diversifying its mining campaigns by investing in feasibility reports in the African nations of Gabon and Cameroon.
We'll be watching Bear Creek Mining like a hawk! Recently, news hit that the government of Peru may approve a community appeal that will finally allow the company to commence mining in Corani and Santa Ana. This is due to the local job creation and economic benefit of the new operations. After an in-depth feasibility study it's apparent that there's a whopping 500 tonnes of silver; over half of which can be easily extracted from the prospects' reserves.
If you're interested in selling your silver, you can do do right here, with Global Gold & Silver.
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