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Mexican Congress discusses monetization of Libertad silver ounce coin
9p ET Thursday, September 14, 2017
Dear Friend of GATA and Gold:
Mexican financial journalist Guillermo Barba reports today that Mexico's Congress yesterday discussed the proposal of Hugo Salinas Price, president of the Mexican Civic Association for Silver, for the country's central bank to mint, issue, and guarantee a steady price for Mexico's silver Libertad coin as a savings vehicle for ordinary people.
"This is not the first time that this proposal comes before the Mexican Congress," Barba writes, "but we pray that this time it becomes a reality. We hope so. It's for Mexico, the world's nuúmero uno producer of silver."
Barba's report is posted at the civic association's internet site, Plata.com, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
NuLegacy Identifies New Gold Zone at Red Hill Property
Wednesday, September 13, 2017
NuLegacy Gold Corp. reports that it has discovered another important gold zone on its 38-square-mile flagship Red Hill property in Nevada's Cortez gold-trend, one of the world's premier gold mining jurisdictions.
Hole VIO17-01, drilled into the "VIO" zone, which is over 4 kilometers east of the Iceberg gold deposits, returned 33.5 meters (110 feet) of 0.65 grams/tonne gold and 5.5 grams/tonne silver starting at 99.2 meters and includes 9.1 meters (30 feet) of 1.8 grams/tonne gold and 17.6 grams/tonne silver.
"The gold encountered in this drill intercept appears to be epithermal-style gold mineralization, an entirely different deposit type from that of our Carlin-style gold deposits," NuLegacy CEO James Anderson said. "This is an exciting new development for building potential gold resources at Red Hill."
... For the remainder of the announcement:
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