Friday, April 4, 2008

Silver News Around the Web

Purchase of silver in Nepal soars despite rising world prices

In Nepal, the purchase of silver has gone up tremendously despite rising world prices.

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Mexivada Intersects up to 1.18 kg/t Silver in Drill Holes at La Republica Silver Mine, Mexico
Mexivada Mining Corp. is pleased to report the assay results from the final five drill holes from its Phase 1 program at its La Republica silver-gold-zinc-lead property, Yecora Mining District, Chihuahua, Mexico.

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Silver Wheaton: 2007 silver reserves more than triple year-over-year

Silver Wheaton (NYSE:SLW) Corp. said Thursday its proven and probable silver reserves increased to 346.4 million ounces as of Dec. 31, 2007, from 102.2 million at the end of 2006

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Fundamental analysis for precious metals silver - 4/4/2008

Silver yesterday rallied in both directions to end the day with some bullish tendency. This move affected the technical indicators to point to the bullish patterns for today as long as silver remains above the critical level at 17.20s.

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Apogee Releases Additional High Grade Results From the Pulacayo Silver Deposit, Bolivia-Including 8.0 Meters Grading 558.75g/t Silver in Hole PUD-063

Apogee Minerals Ltd. (Munich:A9K.MU) reports additional high grade intercepts at the Pulacayo silver-zinc-lead deposit, southern Bolivia.

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Sage Gold Inc.: High Grade Gold and Native Silver Drill Intercept-Onaman

Sage Gold (CDNX:SGX.V) is pleased to report on the latest assays from the 2008 drill program on the Lynx #1 mineralised zone, on the Onaman Project, near Beardmore, Ontario.

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Silvercorp Metals Inc.: Drilling and Tunnelling Discover High Grade Silver-Lead Veins in the LM Silver-Lead Mine in the Ying Silver District, Henan Province, China

Silvercorp Metals Inc. ("Silvercorp") (Toronto:SVM.TO) is pleased to provide an update on its LM Silver (Ag)-Lead (Pb) Mine.

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