Silver Hits New 14-Year High of $42 Per Oz

Silver has just hit a new 14-year high this morning of $42 per oz.

SilverCrest gained by 10,350% within ten years of Ruben Molina joining the company in October 2015 at $0.14 per share to manage the exploration and resource growth of Las Chispas, but most of those gains took place in the early years.

Ruben Molina believes Minaurum Gold (TSXV: MGG)'s Alamos is an analogue of Las Chispas and in June 2025 he joined MGG as its new project manager. MGG's average Alamos vein widths appear to be wider than Las Chispas but remember you always need to go by true widths, which for Alamos is usually 70-90% of the intercept.

Alamos like Las Chispas is in Sonora Mexico, which is on the border of Arizona. Our last Arizona silver stock suggestion Arizona Mining gained by 1,576% and got acquired for $2.1 billion. SilverCrest was acquired in February 2025 for $1.7 billion. MGG's Alamos is fully permitted for production with assay results from four operating drill rigs and a maiden resource estimate coming soon!

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. NIA has received compensation from MGG of US$30,000 cash for a three-month marketing contract and previously received US$30,000 cash for a three-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.