The world's largest silver resources
The mines are two copper mines, a zinc mine and a pure silver mine. Silver is usually a by-product. In pure silver mines, a ton of rock usually provides between 10 and 50 grams of pure silver. In gold for comparison, a gold mine delivers between one and five grams of gold. Of course, there are always values that go beyond the average frame.
By the way, in 2018 the production costs for one gram of silver were between 12.50 and 14.50 US dollars for 90 percent of the producers. Most of the silver comes from Mexico. Discovery Metals, for example, is the company with the tenth largest silver resource. 595 million ounces of silver the company is said to own in the ground there.
Discovery Metals' flagship project - https://www.youtube.com/watch?v=6eJjtXeznYMist=PLBpDlKjdv3yqlru5XfnWAC4YHYzYSjVbtndex=2=26s is the 100 percent owned Cordero Silver Project (37,000 hectares of land) which also contains gold, zinc and lead. In the next 12 months, 30,000 to 35,000 meters should be drilled. The company also owns 150,000 hectares of land in a large historic mining area in the Mexican state of Coahuila.
At the moment, the price of silver still seems cheap, so you should keep an eye on silver companies. In Mexico, there are numerous other mining companies that take care of the silver supply, such as Endeavour Silver - https://www.youtube.com/watch?v=P8Kemmobbhg=4s - . Four mines have been producing successfully for years, one mine is about to be developed and a sixth project is shining with good exploration results. In northern Chile, Endeavour Silver is also pursuing exploration plans on the Cerro Marquez, Aida and Paloma properties.
Current corporate information and press releases from Endeavour Silver (www.resource-capital.ch/de/unternehmen/endeavour-silver-corp/) and Discovery Metals (www.resource-capital.ch/de/unternehmen/discovery-metals-corp/).
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