Silver gained by $0.69 or 2.77% to $25.556 per oz yesterday. This morning, silver is up another $1.989 or 7.78% to $27.545 per oz!
If you look at NIA's list of its Top 30 largest gaining stock/option/crypto picks of all time, 7 of them are silver stocks and 2 are SLV call options. This means that 30% of NIA's biggest success stories of all-time are directly related to silver!
Of the 7 silver stocks on the list, 4 of them are Mexican silver plays and that's not including Wheaton Precious Metals (WPM) formerly Silver Wheaton, which gained by 758.9% from NIA's suggestion price and purchases 40% of its silver from Mexico. If you read WPM's latest press release from December 11th, WPM announced the purchase of a new silver stream from Capstone Mining (TSX: CS)'s Cozamin Mine. CS's market cap is now up to CAD$1.079 billion and in CS's latest technical report for the Cozamin Mine it says, "There is renewed activity at several of the historic operations adjacent to Cozamin (e.g. past producer San Acacio Mine)".
NIA's #1 favorite silver play Defiance Silver (TSXV: DEF) gained by $0.11 or 17.74% yesterday to $0.73 per share. On December 6th, DEF launched a 5,000m drilling campaign at its San Acacio project in Zacatecas, Mexico. Drilling has been prioritized on testing the Veta Grande Vein System in hanging wall structural offsets, the Veta Grande Structure at depth, and blind hanging wall and footwall veins outside of the known resource and historical mining areas. The San Acacio project has an inferred resource of 17,917,000 oz of silver equivalent grading 192.89 g/t silver equivalent. This is a district scale past producing silver project that covers 65% of the entire Veta Grande vein system and includes the San Acacio Mine, which has historically produced 100 million oz of silver.
Separately, DEF owns 100% of a second district scale project in Mexico called Tepal that is highly leveraged to gold and copper prices. Tepal is an advanced-stage project that contains a measured & indicated resource of 187,000,000 tonnes grading 0.30 g/t gold and 0.20% copper for a contained 1,804,000 oz of gold and 813,000,000 lbs of copper! A 2017 PEA based on prices of $1,250 per oz gold and $2.50 per lb copper gave Tepal an after-tax NPV using a 5% discount rate of US$169 million including initial CAPEX of US$214 million. Today, gold is trading for $1,868 per oz (49.44% more than the PEA price) and copper is trading for $3.57 per lb (42.8% more than the PEA price).
NIA also loves Brixton Metals (TSXV: BBB) as an undiscovered silver play. BBB gained by $0.025 or 12.2% yesterday to $0.23 per share. In recent weeks, BBB has announced impressive high grade, near-surface silver intercepts at its 100% owned past producing Langis Mine Project in Ontario. On January 8th, BBB announced that drill hole LM-20-111 intercepted 4m of 370.28 g/t silver beginning only 18m downhole. In addition, drill hole LM-20-113 intercepted 4m of 366.08 g/t silver beginning only 3.8m downhole. In addition, drill hole LM-20-110 intercepted 4m of 196.6 g/t silver beginning only 3.6m downhole. In December, BBB announced that drill hole LM-20-93 intercepted 6m of 193.6 g/t silver beginning only 2.6m downhole, 4m of 127 g/t silver beginning only 17.6m downhole, and 3m of 647 g/t silver beginning only 32.6m downhole. In addition, drill hole LM-20-96 intercepted 7m of 222.9 g/t silver beginning only 5m downhole. In addition, drill hole LM-20-102 intercepted 4m of 333 g/t silver beginning only 2m downhole.
Separately, BBB owns 100% of the Thorn Project, which has the largest land package in the entire Golden Triangle of British Columbia! In 2011, drill hole THN11-60 intercepted from surface 95.08m of 904 g/t silver equivalent! An inferred resource of 21.5 million oz of silver equivalent was established in 2014 and remains open for expansion!
BBB owns 100% of a third silver project called Hog Heaven located in Montana and BBB recently entered into a US$44.5 million earn-in/joint venture with billionaire mining investor Robert Friedland's High Power Exploration, which can earn up to a 75% stake in Hog Heaven!
This message has not been seen, reviewed, or approved by DEF or BBB. Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from DEF of USD$40,000 cash for a six-month marketing contract. NIA has received compensation from BBB of USD$30,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.