Home > News > About A-Best Jewelry >
Home > News > About A-Best Jewelry > Silver Junior Miners to Consider in 2012

Silver Junior Miners to Consider in 2012

Posted on 2012-11-05, By A-Best Staff
By Michelle Smith–Exclusive to Silver Investing News

As junior silver miners look to discover and develop lucrative projects, investors are increasingly looking for new additions for their portfolios. But, with so many options and so much data, individuals interested in junior silver mining equities may not know where to set their sights.

With a vast array of silver juniors to consider, Silver Investing News has compiled a list of selected silver plays that either started production in 2011 or anticipate production in 2012. Furthermore, the list also takes into account positive factors which can impact production such as approved exploration or expansion budgets and permits, existing infrastructure, and experienced management.

Impact Silver (TSXV:IPT) market cap: $110.24 million 

Impact has a portfolio of projects on the southern tip of the Mexican Silver Belt. The company currently feeds its Zacualpan processing facility, rated at 500 tonnes per day, from the Chivo, San Ramon and Noche Buena mines.

Earlier this month, Impact Silver announced the commencement of construction at the Capire open pit mine, which is expected to help achieve the company’s goal of being a multimillion ounce silver producer. A 200 tonne-per-day starter plant will first be used to test recoveries, assess costs, and optimize operational methods. Production from the site is expected later in late 2012.

Alcyone Resources (ASX:AYN) market cap: $113.90 million 

Alcyone describes itself as a new silver producer with an exciting growth outlook. This is thanks to success at its Texas Project in Queensland, Austraila, where the company achieved its first leach heap production in June 2011 at the Twin Hills mine.

The company’s annual report issued in November, revealed that over 260,000 ounces of silver had already been recovered from historical leach heaps that continued to be productive. This exceeded initial expectations of 250,000 ounces, lending to optimism about the re-development of the mine.

Alcyone is aiming for full scale commercial production by Q3 2012 to be accompanied by significant cash flows.

Avino Silver & Gold Mines (TSXV:ASM,NYSEAMEX:ASM) market cap: $46.30 million 

Avino closed its Avino mine in the heart of Mexico’s Sierra Madra Silver Belt in 2001. However, the re-start of production from the property in 2011 put the miner on path to achieve its goal of becoming a multi-million ounce per year producer.

Avino completed its bulk sampling program in the San Gonzalo zone of the property in Q1 2011 and obtained a contract for the sale of concentrate in June. The company is continuing its development efforts at the site.

Arian Silver (LSE:AGQ,TSXV)

Print  Close  Top