International Silver is pleased to announce that it has concluded the metallurgical flotation and roast/leach testing programs of the Caselton Tailings. The Flotation test work of the tailings samples was conducted independently by HRL Metallurgical Testing under the supervision of Core Engineering in Townsville, Australia. The roasting and leach testing of the flotation concentrates was conducted independently by Hazen [...]
International Silver is pleased to announce that it has completed sixteen reverse circulation drill holes and completed the Phase I Prince Mine Drill Report. The Prince Mine is located in the Pioche district of Lincoln County, Nevada. From August 16 through October 28, 2012, a total of 11,680 feet were drilled at 16 hole locations using reverse circulation air rotary methods. The drill program was designed to provide [...]
International Silver is pleased to announce that Mr. Robin McCulloch has joined the company as General Manager of its Montana Operations. He will be based out of our newly established company offices at 101 N. Main Street, Butte, Montana 59701. Robin McCulloch, a senior mining engineer with the Montana Bureau of Mines and Geology in Butte, Montana for the past 25 years, assisted the mining industry with permitting [...]
International Silver today announced it has signed a 2nd Amendment to its February 6, 2012 Convertible Note Purchase Agreement with ISLV Partners for additional gross proceeds of approximately $2,200,000. Under the terms of the 2nd Amendment, ISLV Partners loaned an initial amount of $1,000,000 and shall have the right to loan an additional amount of up to $1,200,000 by April 15, 2013. The Note is convertible into [...]
International Silver is pleased to announce that it has acquired a major property position in the Butte Mining District, Butte, Montana, through a series of claim purchases and mining lease agreements, as follows: 954 acres of mining leases with 362 acres of surface rights in the north and central parts of the district from New Butte Leasing, LLC;
International Silver is pleased to announce that its Board of Directors has appointed Mr. John Kennedy of Columbus, Ohio, Mr. Clint Walker of Los Angeles, California and Mr. Russell Alley of Milford, Utah as members to the Board of Directors. The effective date of the appointments is September 1, 2012. Mr. John Kennedy is a founding member of Empire Advisors LLC, a midmarket private equity fund based in Columbus, Ohio [...]
International Silver today announced it has signed an Amendment to the February 6, 2012 Convertible Note Purchase Agreement with ISLV Partners, LLC an unaffiliated party for additional gross proceeds of approximately $2,000,000. Under the terms of the Amendment, at any time on or prior to November 25, 2012, ISLV Partners shall have the right to loan an additional amount of up to $2,000,000 on comparable terms. The Note is [...]
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