By Clint Siegner
Money Metals Exchange, Eagle, Idaho
Monday, November 10, 2025
Early this yea, high premiums developed for Comex bars in the U.S. thanks to fears of tariffs on importing silver (and gold). In response traders shipped an estimated 300 tons of silver from London to New York to alleviate that squeeze.
Last month the London Bullion Market ran into some issues of its own with respect to silver -- with huge premiums, high financing costs, and far more requests for delivery of actual bars than the market could handle.
... Dispatch continues below ...
... ADVERTISEMENT ...
Alaska Silver Announces High-Grade Discovery Zone: Silver Sage
Company Announcement
Monday, November 3, 2025
Alaska Silver Corp. (TSXV: WAM, OTCQX: WAMFF) announces the discovery of a high-grade mineralized zone, named Silver Sage, on its 100% owned Illinois Creek Carbonate Replacement Deposit project in western Alaska.
The Silver Sage zone represents a significant exploration breakthrough, located 4.8 kilometers south of the Waterpump Creek resource. The discovery has been confirmed through surface trenching, pit sampling, and initial drilling. Drill hole results will be discussed when assay results are received and reviewed.
Discovery highlights:
A new high-grade zone identified. Early work confirms Silver Sage as a promising mineralized system with near-surface samples running:
-- 1,235 g/t silver (Ag) with 65% lead (Pb); and 1,135 g/t Ag with 73% Pb. ...
... For the remainder of the announcement:
The catalyst for the shortage in London was driven by demand from India -- and this came on the heels of a partial drain of silver sent to the U.S., combined with new silver ETF investment inflows.
This year's Diwali holiday saw many Indians shift from buying gold to silver because the yellow metal has become so expensive. ...
... For the remainder of the analysis:
https://www.moneymetals.com/news/2025/11/10/not-enough-silver-or-just-in-the-wrong-location-004468 [2]
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