Mining Stock Daily
Morning Briefing: Vizsla Silver Makes New Discovery, Revival Publishes the Mercur PEA
Mar 31, 2025
Vizsla Silver has unveiled an exciting new silver-gold discovery at its Pauco project in Mexico. Revival Gold's latest assessment for the Mercur Gold Project in Utah promises intriguing possibilities. Magna Mining shares promising assay results from its McCreedy West and Levack Mines. American Pacific updates its drilling plans for the Madison Copper-Gold project in Montana. Meanwhile, Heliostar is gearing up to drill 15,000 meters at Ana Paula, showcasing a thriving landscape in the mining sector.
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Quick takeaways
- Vizsla Silver's recent discovery at the Panuco Silver-Gold project indicates a robust vein system potentially requiring further exploration efforts.
- Revival Gold's published preliminary economic assessment for the Mercur Gold Project highlights its strong economic viability and projected long mine life.
Deep dives
Gold and Silver Market Trends
The recent surge in gold prices is significant, with the precious metal surpassing $3,100 per ounce and closing the week up 1.7%. In contrast, silver has experienced a decline, ending the week at $34.81 per ounce, yet it continues to show positive trends with higher highs and higher lows. Despite the downturn in silver, the overall performance of gold highlights its resilience amid economic uncertainties as tariffs loom on the horizon. The GDX chart indicates that gold miners are facing resistance at the $45 mark, reflecting the volatility affecting wider market conditions.
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