Divers Set Sights on Silver-Laden WWII Ship

Source: New York Times, William Broad (9/26/11)

"Divers have found the wreck intact and they estimate its cargo at up to 240 tons of silver, a trove worth over $200M."

New York Times, William Broad

silver ship

In 1941, a Nazi torpedo tore a hole in a British merchant ship carrying a fortune in silver to England from India. The ship was part of a convoy headed for Liverpool, but it went down about 300 miles southwest of Ireland, disappearing in icy waters nearly three miles deep, deeper than the resting place of the Titanic.

Now, divers say they have found the wreck intact and they estimate its cargo at up to 240 tons of silver—a trove worth more than $200 million. They plan to recover it this spring. . .View Full Article

Silver Explorer Uncovers High-Grade Silver Bonanza in BC
Source: Streetwise Reports (07/11/2025)

Silver47 Exploration Corp. (AGA:TSX.V; AAGAF:OTCQB) conducted a 5,008-sample survey at Adams Plateau, hit surface assays to 3,503 g/t Ag, and locked in a 5-year drill permit to drill silver-rich SEDEX targets. Read more as the company readies its first modern drilling on the 150 square kilometer property, with new geochemical data and prospector's found showings.

Silver Mining Heats Up in Global Hotspots
Source: Streetwise Reports (07/11/2025)

As silver prices hit 13-year highs, Irving Resources Inc. (IRV:CSE; IRVRF:OTCQX), Silver North Resources Ltd. (SNAG:TSX.V; TARSF: OTCQB), and Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) are making bold moves in Japan, Yukon, and British Columbia. Read more to see why analysts say this breakout could reshape the silver mining landscape.

Gold Project in South Dakota Shows Strong Economics
Source: Peter Bell (07/09/2025)

Dakota Gold Corp.'s (DC:NYSE American) Richmond Hill, as outlined in one of two newly prepared plans, is to yield a US$2.1 billion NPV5% and a 59% IRR, noted a Canaccord Genuity report.

Mining Site Visit Highlight is Operational Plan to Boost Profits
Source: Oliver O'Donnell (07/09/2025)

Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) will be focused on mining fresh ore and areas of stronger grade by year-end at its La Guitarra project in Mexico, noted a VSA Capital report.

Great Drill Results with Goliath Gold, AYA Silver, and Blackrock Silver
Source: Ron Struthers (07/08/2025)

Gold continues to consolidate in Ron Struthers' outlined range, setting up, in his opinion, for a breakout in the months ahead. Struthers discusses this and a few of his advanced exploration plays, which have released results.