The junior silver stocks on our list have had an eventful past quarter with new discoveries and positive assays
SmallCapPower | December 15, 2017: While the silver price has dipped 12.4% over the past three months, the stocks listed below have surged, aided by project developments, new discoveries, and positive assays. Today we’ve identified four junior silver stocks that have had an eventful quarter, highlighted by New Nadina Exploration, which soared 1000% on the discovery of high-grade core at its Silver Queen property.
Viscount Mining Corp. (TSXV:VML) – $0.37
Viscount Mining is a prospect generator with properties in Nevada and Colorado. The Company’s main projects include Silver Cliff and Cherry Creek. The Silver Cliff prospect is located 44 miles southwest of Pueblo Colorado and has year-round access by road. Importantly, the property covers most of the past-producing hills of Silver Cliff and Rosita Hills. Cherry Creek, on the other hand, is located 30 miles north of Eli, Nevada.
Viscount’s stock jumped 26.7% following positive drill results from its Silver Cliff Property. The results were highlighted by Hole DDH P17002, which returned 90.40 g/t silver from surface to 34.5m, including a 18m portion grading 120.58 g/t silver
New Nadina Explorations Ltd. (TSXV:NNA) – $3.71
New Nadina Explorations is a Vancouver-based exploration company focused on assets in Western Canada. New Nadina’s flagship asset is the Silver Queen property, located 43 kilometers south of Houston, British Columbia and hosts ~7,000 hectares.
New Nadina’s stock price jumped ~1000% during the week of October 25 as it announced the discovery of high-grade core at Silver Queen. Results from the drilling have not yet been announced.
Silver Bear Resources Inc. (TSX:SBR) – $0.15
Silver Bear Resources is a Canada-based silver developer, focused on its Mangazeisky Silver property in Russia. The Company’s flagship asset is the Vertikalny Project (situated on its Mangazeisky property), which is located 400 kilometers north of Yakutsk in the Republic of Sakha.
Silver Bear’s stock price jumped 30% in November following the positive news release of an update for the Vertikalny project construction. The Company announced that construction at its facility is 85% complete as silver production is expected to begin in early 2018.
Silver Bull Resources Inc. (TSX:SVB) – $0.16
Silver Bull Resources is a Canada-based mineral exploration company focused on its Sierra Mojada property in Mexico. The project is 100% owned and comprises a land package totaling 4,715 hectares. The deposit has a M&I resource of 58.7M tonnes grading 3.6% zinc and 50 g/t silver for 4.6 billion pounds of zinc and 91 million ounces of silver.
Silver Bull’s stock price jumped 28% on November 21, as the Company announced results from its ongoing drill program at Sierra Mojada. The results were highlighted by the intersection of 9 meters of sulphide mineralization grading 20.7% zinc, 1% lead and 98 g/t silver.
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Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own units in any of the companies mentioned above.
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