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5 Top Weekly TSX Stocks: Gold and Silver Stocks Up After Fed Meeting

5 Top Weekly TSX Stocks: New Pacific Metals Up After Acquisition

Last week’s top-gaining stocks on the TSX were St. Augustine Gold and Copper, New Pacific Metals, Roxgold, Orocobre and Lundin Mining. The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened higher last Friday (April 16), trading at 19,345.74 by midday. It closed the period at 19,348.11.  After a record high the previous session, the index extended gains on the back of a higher gold price. On Friday, gold hit a seven week high, with silver also on track for a weekly rise as the American dollar softened and US 10 year Treasury yields retreated. EXCLUSIVE! Who s Manipulating Silver And Why? Our Everything You Need To Be A More Informed Investor!

New Pacific Acquires the Carangas Silver Project, Bolivia

New Pacific Acquires the Carangas Silver Project, Bolivia New Pacific Metals Corp. is pleased to announce that the Company has signed an agreement with a private Bolivian company (the “Vendor”), to acquire a 98% interest in the Carangas silver project (the “Carangas Project” or the “Project”), located in the Oruro Department, Bolivia. New Pacific will cover 100% of the future expenditures on exploration, mining, development, and production activities. The agreement has a term of 30 years and is renewable for an additional 15 years. An initial discovery diamond drill program is planned to commence upon receipt of the related permit from the local authorities.

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