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NSX Silver (NSY – $0.06) again announced solid drill results from its Dios Padre silver project in east central Sonora State, Mexico. Seventeen drill holes, totaling 3,220 metres, were completed in and around the area of historic mining (also see table below). Zones ranging up to 41 meters in thickness of silver mineralization, along with the occurrence of low grade […]
Read moreNSX Silver (NSY – $0.16) announced that analytic results from the first six holes, drilled near the historic workings on the Dios Padre property, all intersected silver and gold mineralization (see table below). Hole DP-12-2012, for example, included a 50 meter intercept that assayed 74.2 grams per tonne of silver and 0.685 grams per tonne gold. Additionally drill hole DP-9-2012 […]
Read moreNSX Silver (NSY – $0.21) so far completed nine drill holes at its 100% owned Dios Padre silver property in Mexico. The first six holes tested the large conductive anomaly of 600 metres wide by 800 metres long, and its offshoots, which were identified during the ground-based geophysical survey late last year. The latter three holes targeted the mineralized breccia […]
Read moreNSX Silver Inc. (NSY – $0.24) is a Canadian mining and exploration Company focused on advancing its Dios Padre Silver property in east central Sonora State, Mexico, from which 16 million ounces of silver were mined between the early 1700s and 1910. Results from a recently completed geophysics and geochemical program at Dios Padre identified, next to the historically mined […]
Read moreWe’ve been following the progress of NSGold Corp (NSX – $0.17) for quite some time, which is why we jumped at the opportunity to host an update interview with the company’s Chairman and CEO, Mr. Hans van Hoof, especially in light of its recent spin-out of its Mexican assets into NSX Silver Inc (NSY – $0.30). Our session starts out […]
Read moreNSGold’s (NSX – $0.27) Mexican silver assets have been spun-out into a new publicly traded Company called NSX Silver Inc (NSY – $0.25), which also trades on the TSX Venture Exchange. Management’s first goal of creating more shareholder value with the spin-out has already been reached. NSGold’s closing price on Tuesday, the last day before the spin-out, was $0.46. Now, […]
Read more43,413,767 common shares of NSX Silver will be distributed to NSGold Corp (NSX – $0.46) shareholders at the close of business on Friday, March 16, 2012. For each share held of NSGold, we will receive one share of NSX Silver in our brokerage accounts a few days later. NSX Silver will commence trading two days prior to the distribution of […]
Read moreNSGold Corporation (NSX – $0.46) has finally obtained all the necessary documents from the securities commissions to proceed with the spin-out of its Mexican silver assets into NSX Silver Inc. The TSX Venture Exchange has already approved the listing of the new NSX Silver shares, but an exact date for the first quotation still hasn’t been set, although this will […]
Read moreNSGold (NSX – $0.42) has taken the next step in spinning-out its Mexican Silver assets into a new publicly traded Company called NSX Silver Inc. At an Extraordinary General Meeting, an overwhelming 99.98% of shares voted in favor of distributing the shares of the new Company as a tax free Reduction of Capital. This was important, because now the distribution […]
Read moreThe timing of NSGold’s (NSX – $0.48) announcement that it was going to split the Company in two, couldn’t have been better as we had an interview planned with Mr. Hans van Hoof, the Company’s Chairman and Chief Executive Officer, the very next day. Spin-out Obviously, we first discussed the big news that NSGold is going to spin-out its Mexican […]
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