Gold-Copper-Silver mineralization in REG-22-01 is largely breccia hosted, with sulphides (pyrite, chalcopyrite) forming the breccia matrix. The drill program was successful on both fronts, intersecting strong gold, copper and silver mineralization in the core of the IP anomaly as well as successfully intersecting silver and gold mineralization both to the east and west of the old mine workings. To test the core of the IP anomaly 500 m to the north of the old mine workings and to expand the Dios Padre silver mine mineralization both to the east and to the west. The goal of the drill campaign at the Dios Padre project was two-fold. The hole ended in mineralization and was stopped due to the 500 metre maximum capacity of the drill rig being used. The intercept included 35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver, starting at 420 m depth down hole along with 13.97 g/t Au, 50.25 g/t Ag and 1.11 % Cu over 9.8 m starting at 460.5m down hole. (OTCQB-RSMXF) (TSXV- RSMX) ("Regency Silver" or the "Company") is pleased to announce that its initial drill hole into a pronounced Induced Polarization (IP) anomaly 500 m north of the historic Dios Padre silver mine workings intercepted 4.7 g/t gold over 53.8 metres. (OTCQB: RSMXF) (TSXV:RSMX) BREAKING NEWS: Regency Silver Makes New Gold-Copper-Silver Discovery at its Dios Padre Project in Sonora, Mexico - Drills 35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver - Regency Silver Corp. (We) believe we will see a portion of these gains manifest in 2022 and continue to be bullish on gold, silver, and platinum at current levels." This matches the commentary of others who have tracked gold for decades, as well as the 8-fold increase of gold seen after the stagflationary period of 1973-74. Gold is likely headed towards $7,500 over the next 4-5 years. They both move in a channel relative to money creation, which has been running at record levels with no sign of slowing down. A downturn in other sectors of the economy might also initially drag down gold and silver, but only temporarily. Gold and silver are currently available at considerable discount to fair value and previous highs. (NYSE: AGI ) ( TSX:AGI).Īnother report from the United States Gold Bureau said the technical analysis has an encouraging general direction for gold in 2022, saying: "Gold should reach $2,700 in 2022, while silver should reach a spot price of $38. (OTCQB: RSMXF) (TSX-V: RSMX), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Filo Mining Corp. (OTCQX: FLMMF) (TSX: FIL), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Alamos Gold Inc. On the other hand, the investments in precious metals have increased as a means to survive the rapidly changing market conditions." Active companies in the markets today include: Regency Silver Corp. This has disrupted supply chains and halted operations of several manufacturing units, which, in turn, have led to inventory shortages. However, on account of the rising cases of the coronavirus disease (COVID-19), governments of various countries have announced complete lockdowns as a preventive measure to combat the pandemic. Moreover, governments of various countries are implementing stringent emission regulations, which, in turn, is contributing to the market growth, as these metals are used for purifying exhaust gases in automobiles. Apart from this, due to the rising environmental concerns, leading market players in different industry verticals are investing in the recycling of precious metals that can further be utilized for manufacturing heart pacemakers and artificial cochlea. The report discussed precious metals market trends, saying: "The market is experiencing growth on account of changing lifestyles and inflating disposable incomes of individuals. A report from the imarc Group projected that while the global precious metals market reached a value of US$ 192.9 Billion in 2021 but they expect that the market will reach US$ 254.3 Billion by 2027, exhibiting at a CAGR of 5.3% during 2022-2027. Precious metals, such as gold, silver, platinum and palladium, are also used as valuable assets for investment purposes. As a result, they find applications in the manufacturing of jewelry, consumer electronics, automobiles, chemicals and medical equipment across the globe. They are also ductile, malleable, resistant to corrosion and good conductors of heat and energy. These metals are rare, hard, less reactive and have high economic value compared to base metals. 12, 2022 /PRNewswire/ - Precious metals are naturally occurring elements that are characterized by their high luster.
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