![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Silverstone Resources Com Npv | TSXV:SST | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
VANCOUVER, BRITISH COLUMBIA ("Silverstone") reports sales of 462,000 ounces of silver in the second quarter of 2008. Silverstone has forecast fiscal 2008 silver sales of 2,155,000 ounces. Silverstone purchased Q2 - 2008 production at an average cost of US$3.97 per ounce. The cost of silver is fixed at less than US$4.00 per ounce through 2010.
----------------------------------------------------------- Fiscal Year Q2 - 2008 (A) Q1 - 2008 (A) 2008 (F) ----------------------------------------------------------- Ag (oz) Ag (oz) Ag (oz) ----------------------------------------------------------- ----------------------------------------------------------- Cozamin 343,000 306,000 1,300,000 ----------------------------------------------------------- Neves-Corvo Copper 119,000 97,000 540,000 ----------------------------------------------------------- Neves-Corvo Zinc 0 0 90,000 ----------------------------------------------------------- Aljustrel Zinc 0 0 225,000 ----------------------------------------------------------- ----------------------------------------------------------- Total 462,000 403,000 2,155,000 ----------------------------------------------------------- Note: Results for the three months ended June 30, 2008 will be reported in August 2008. Silver Sales Forecast(1) ----------------------------------------------------------- 2009 (F) 2010 (F) ----------------------------------------------------------- Ag (oz) Ag (oz) ----------------------------------------------------------- Cozamin 1,500,000 1,500,000 ----------------------------------------------------------- Neves-Corvo Copper 540,000 540,000 ----------------------------------------------------------- Neves-Corvo Zinc 260,000 260,000 ----------------------------------------------------------- Aljustrel Zinc 875,000 1,200,000 ----------------------------------------------------------- Total 3,175,000 3,500,000 ----------------------------------------------------------- (1) Silver sales forecasts are based on 2007 actual metallurgical recoveries of silver to concentrates at the various operations combined with forecast grades and production and existing smelter contracts for the different concentrates.
Mr. Hugh Willson, P.Geo., Vice-President, Exploration of Silverstone, who is a "qualified person" under National Instrument 43-101, has reviewed and approved the technical aspects of this news release.
ABOUT SILVERSTONE
Silverstone is a Canadian based public silver mining company with 100% of its revenue from silver production. More information is available online at: www.silverstonecorp.com.
This press release contains "forward-looking information" that is based on Silverstone's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Silverstone's mineral discoveries, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Silverstone's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: projected sales or production rates; uncertainties related to drilling results; the ability to raise sufficient capital to fund exploration; changes in economic conditions or financial markets; changes in prices for costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labor relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Silverstone disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
The TSX Venture Exchange has neither approved or disapproved of the contents herein.
Contacts: Silverstone Resources Corp. Chris Tomanik (604) 637-8151 Email: ctomanik@silverstonecorp.com Silverstone Resources Corp. Mark Patchett (604) 637-8151 (604) 688-2180 (FAX) Email: mpatchett@silverstonecorp.com Website: www.silverstonecorp.com
1 Year Silverstone Resources Com Npv Chart |
1 Month Silverstone Resources Com Npv Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions