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Temex Resources Corp Unchanged, But Being Bid Lower on Project Update

Temex Resources Corp. (TME.V) is unchanged at 36 cents, but there are bids in for it at 32 cents after it announced that a NI 43-101 compliant resource estimate has been prepared for tailings material at the Gowganda Silver Project by GeoVector Management Inc. of Ottawa, Ontario.

It said: "The tailings were generated from the Miller Lake O'Brien Silver Mine, Ontario's largest past-producing Cobalt-style silver mine outside of Cobalt, Ontario with historical production of 40.7 million ounces of silver at an average grade of 22 ounces per ton silver between 1910 and 1972. The project is located 3 kilometres northeast of Gowganda, Ontario and has excellent access and infrastructure. Temex holds a 100% interest in the Property with no underlying royalties."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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