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Today's alerts include: Trio Resources, Inc (OTCQB: TRII)
Trio Resources, Inc. is a Canadian junior mining company focusing on the exploration, milling and refining of silver and cobalt. Trio operates a 94-acre site near Cobalt, Ontario. The property sits in an area that is known for having rich silver and cobalt deposits. Unlike other junior mining companies, Trio actively engages in both the exploration and processing sides of the mining industry.
Trio currently holds 4,000 tons of silver-containing ore concentrate, which is crushed and ready for processing. In addition, Trio has additional above-ground reserves of 16,000 tons and 32,000 tons of ore that has been crushed but not processed. This material has been assayed to contain high concentrations of both silver and cobalt. As a result, Trio will be able to generate a steady stream of cash flows while it further develops its drilling and exploration program.
While Trio continues to mill its above-ground ore inventories, the Company is concurrently developing an exploration program on the property, targeting areas with known reserves. The land has produced positive drill results that included 240 ounces per ton of silver at a depth of 30-90 meters over a 200 meter drilled target. Trio's aim is to replicate the past success of the property by accessing a region known as one of Canada's most prolific silver reserves.
For more information, please visit http://www.trioresourcesag.com/.
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