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Video - CEO Clips: Pinnacle Silver & Gold Advances Past-Producing Mine Toward Potential Production
TMX Newsfile· 2026-03-31 17:00
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Pinnacle Silver & Gold Corp. (TSXV: PINN) (OTC: PSGCF) is advancing a past-producing gold and silver mine in Durango, Mexico, with the goal of restarting production. With underground rehabilitation underway, nearly 900 samples collected, and permitting progressing for the onsite processing plant, the company is preparing for underground drilling and development toward a potential production timeline before the end of 2027.Pinnacle Silver & Go ...
[Video Enhanced] Selkirk Copper has Four Drill Rigs Turning to Advance the Minto Mine Restart Plan
Thenewswire· 2026-03-30 12:30
Vancouver, BC – TheNewswire - March 30, 2026 – Global Stocks News - Sponsored content disseminated on behalf of Selkirk Copper Mines. On March 25, 2026 Selkirk Copper Mines (TSXV: SCMI) (FSE: IO20) (OTCQB: SKRKF) announced new assay results from the ongoing 50,000-meter drill program at the Minto Mine in Yukon, Canada.Four diamond drill rigs are active at the Minto mine.In June 2025, Selkirk First Nation (SFN) purchased the former Minto Mine out of bankruptcy, then partnered with the Frank Giustra-backed F ...
Video - CEO Clips: Selkirk Copper Mines Targets 2028 Restart of Former Yukon Producer
TMX Newsfile· 2026-03-19 15:00
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Selkirk Copper Mines Inc. (TSXV: SCMI) (FSE: IO20) (OTCQB: SKRKF) is advancing plans to restart a former producing copper-gold-silver mine in the Yukon, targeting a return to production by 2028. The company is refining the resource, updating engineering and mine plans, and refreshing permits to support a potential 12 to 15-year mine life.Selkirk Copper Mines Inc. (TSXV: SCMI) (FSE: IO20) (OTCQB: SKRKF)  https://selkirkcopper.com/Cannot view t ...
Excellon Restarts Mining at Mallay and Highlights Emerging "Footwall Zone" Upside
TMX Newsfile· 2026-02-05 12:00
Core Viewpoint - Excellon Resources Inc. has restarted mining activities at the Mallay silver-lead-zinc mine and identified a new mineralized zone, the Footwall Zone, which may enhance mining flexibility and productivity [1][3]. Operational Update - Mining has resumed along the Maricruz, Dayana, and Isguiz veins at the rehabilitated 4090 and 4150 levels using conventional cut-and-fill methods [4]. - The company is methodically sequencing mining activities and stockpiling to support future production and metallurgical validation [4][6]. - Approximately 350 meters of underground advance has been completed to improve access and services for future mining and drilling [8]. Footwall Zone Exploration - The Footwall Zone, characterized by a 3-8 meter thick mineralized unit, has been identified adjacent to the Isguiz vein, with historical drill results indicating significant silver, lead, and zinc mineralization [4][16]. - Initial metallurgical testwork supports the blending of Footwall Zone material with Isguiz and other past-producing zones for processing [4][19]. - A 10,000-meter infill and extension drilling program is underway to further explore both the Isguiz and Footwall Zone mineralization [4][12]. Dewatering and Mine Development - Dewatering of the 400 ramp has progressed 28 meters towards a planned 60 meters, facilitating access to deeper mineralized zones [9]. - Rehabilitation efforts are focused on upper levels to restore access to additional mineralized areas for inclusion in the mine plan [23][24]. Mineral Resource Estimate - The updated Mineral Resource Estimate is being finalized, transitioning from a historical model to an NI 43-101 compliant estimate through comprehensive geological modeling and validation [10][11]. - The company is in the final stages of database validation and QA/QC review before publishing the resource estimate [11]. Next Steps - The company aims to prioritize mine development to access new areas and increase surface stockpiles before the formal restart of the mill [25][33]. - A dedicated drill rig will be mobilized to define the Footwall Zone further, with plans for 17 holes to improve grade control and mineable volumes [21].
Borealis Mining Announces First Production Blast at Borealis Gold Mine, Nevada
TMX Newsfile· 2026-01-29 12:00
Core Viewpoint - Borealis Mining Company has successfully completed its first production blast at the Borealis Gold Mine, marking a significant milestone in the mine's restart and transition to sustained operations [1][2][3]. Group 1: Production Milestone - The inaugural production blast occurred on January 28, 2026, within the permitted East Ridge open pit, successfully fragmenting approximately 40,000 short tons of material [2]. - This blast is the first large-scale production shot since the initiation of the mine restart program, confirming operational readiness after site preparation and contractor mobilization [2][3]. Group 2: Operational Strategy - The company is focused on advancing toward consistent and sustained mining operations while prioritizing safety and operational discipline [3][8]. - Following the blast, material will be excavated and transported to the heap leach pad, with initial stacking activities expected to commence as mining progresses [4]. Group 3: Infrastructure and Location - The Borealis Gold Mine benefits from substantial existing infrastructure, including multiple permitted open pits and an on-site ADR plant, which reduces restart risk and capital intensity compared to greenfield developments [5][10]. - The mine is situated in a well-established Nevada mining jurisdiction, providing access to skilled labor and experienced service providers [6]. Group 4: Future Prospects - The Borealis Gold Mine has historically produced over 600,000 ounces of gold and possesses high-grade expansion potential with robust historical drilling results [10]. - The company is also evaluating regional exploration opportunities and operational synergies within its broader Nevada asset portfolio [8][12].
Step-Out Drilling At McEwen's Newly Acquired Tartan Mine Project Returns Meaningful Results Along Western Flank: 7.5 gpt Gold Over 18.9 Metres
Globenewswire· 2026-01-13 11:00
Core Insights - McEwen Inc. has announced final drill results for the Tartan Mine Project, which will be included in an upcoming Mineral Resource Estimate, expected by the end of February 2026, as the company aims to double production by 2030 [1][6] Drill Results - Recent drill results include an intercept of 7.5 grams per tonne (gpt) gold over 18.9 metres, expanding gold mineralization along the Western Flank [1][2] - Previous notable results from late 2025 include 12.3 gpt gold over 14.0 metres and 8.2 gpt gold over 9.9 metres [2] - Additional drill results along the Western Flank returned 6.6 gpt gold over 7.0 metres and 4.9 gpt gold over 7.9 metres, expanding mineralization approximately 30 metres further to the west [3] Exploration and Investment - The company is budgeting $3 million for exploration at Tartan in 2026, with plans to increase this budget if strong results continue [4] - Exploration targets include the Eastern Flank of the Main Zone, depth within the Main Zone, the South Zone, and regionally along the Tartan Lake Shear Zone [4] - Since drilling resumed in 2023, 35 of the 39 drill holes (approximately 90%) have intersected potentially economic mineralization at the Main Zone [4] Historical Context - The Tartan Mine, located in the Flin Flon Greenstone Belt, began production in 1987 and produced approximately 47,000 ounces of gold before shutting down [5] - The last NI 43-101 resource estimate in 2017 indicated 240,000 ounces of indicated resources at 6.32 gpt gold and 37,000 ounces of inferred resources at 4.89 gpt gold [5] Strategic Importance - Tartan is viewed as a rare high-grade gold project in Canada with limited exploration from 1989 to 2023, and recent results are expected to drive growth [6] - The updated Mineral Resource Estimate and advancements in engineering and permitting are crucial for moving towards a production decision [6] - The company aims to leverage existing mine infrastructure and high-grade gold to keep capital costs low and develop the mine in phases [6]
Silverco Completes Promontorio Dewatering; Rehabilitation Work Underway
TMX Newsfile· 2026-01-06 22:11
Core Viewpoint - Silverco Mining Ltd. has achieved significant operational milestones at its Cusi Project in Mexico, including the completion of dewatering at Promontorio, which is essential for the planned restart of production [1][3][4]. Operational Update - Dewatering of the underground workings at Promontorio has been successfully completed, allowing full access to the initial restart zone [6]. - A project manager has been hired to oversee the mine restart, with key discipline managers being recruited to build the project and operations team [6]. - Early-stage rehabilitation works have commenced, including ramp scaling and ground support installation [6]. - JDS Energy & Mining Inc. has been engaged to produce a Restart Study, which is progressing well and will utilize the updated Mineral Resource Estimate [6][9]. - Metallurgical optimization test work is nearing completion, with results expected shortly [6][10]. - Crews are repairing and upgrading essential underground services to meet production requirements [7]. Resource Estimate - The updated Mineral Resource Estimate (MRE) confirms Cusi as a high-grade silver-primary project, with significant resources outlined [10]. - The MRE includes: - Measured: 0.69 million tonnes at 277 g/t Ag - Indicated: 4.21 million tonnes at 195 g/t Ag - Inferred: 4.07 million tonnes at 172 g/t Ag [11]. Corporate Milestone - Silverco plans to apply for graduation to a Tier 1 Issuer on the TSX Venture Exchange, reflecting the company's increased scale and asset quality [12]. Exploration and Future Plans - The company is finalizing its 2026 exploration program, with field activities expected to resume by mid-Q1 2026 [13][14]. - A property-wide LiDAR survey has been completed to optimize target generation for the upcoming exploration season [14].
Americas Gold and Silver (NYSEAM:USAS) M&A Announcement Transcript
2025-11-13 16:00
Summary of Americas Gold and Silver Conference Call Company Overview - **Company**: Americas Gold and Silver (NYSEAM:USAS) - **Event**: Crescent Silver Acquisition Conference Call - **Date**: November 13, 2025 Key Points Industry and Acquisition Details - The acquisition involves the **Crescent Mine**, located in **Idaho Silver Valley**, just **9 miles** from the **Galena mill** [4][8] - The mine has a **high-grade silver-copper resource** of approximately **23 million ounces**, grading **655 grams per tonne** [5][10] - The acquisition is valued at approximately **$65 million**, consisting of **$20 million in cash** and **11.1 million common shares** of Americas Gold and Silver [6] Strategic Importance - The acquisition is described as **highly strategic**, providing immediate mill feed to the Galena mill and enhancing operational synergies [4][9] - The Crescent Mine is fully permitted and can restart operations quickly, with production expected to begin as soon as **mid-2026** [5][6] Financial and Operational Synergies - The Galena complex has a milling capacity of **1,500 short tons per day**, with current utilization at just under **410 short tons per day** [12][13] - The acquisition will allow the company to utilize **spare milling capacity**, which is currently underutilized, to process ore from Crescent [12][14] - The management team is confident that the Crescent Mine can contribute significantly to the company's growth, potentially reaching **2 million ounces per year** in production [22][29] Mining Methods and Infrastructure - The Crescent Mine will employ **long-hole stoping**, a method that has been successful at Galena [18][30] - The mine has three adits (Countess, Big Creek, and Hooper) that will be connected to facilitate efficient ore movement [28][30] - The company plans to implement infrastructure improvements, including **Alimak raises**, to enhance access and production capabilities [28][29] Exploration Potential - There is significant exploration upside, with only **5% of the private land** drilled, indicating potential for resource expansion [29] - The management team is optimistic about extending the existing veins and increasing grades through further drilling [20][29] Market Context - The company is positioned in a favorable market for silver, copper, and antimony, with plans to capitalize on these commodities [36] - The management emphasizes the importance of the acquisition in the context of the current strong silver market [36] Closing Remarks - The management expresses excitement about the future growth trajectory of Americas Gold and Silver following the acquisition [36] - The call concludes with gratitude towards shareholders and stakeholders for their support [36][37]
SSR Mining(SSRM) - 2025 Q3 - Earnings Call Transcript
2025-11-04 23:00
Financial Data and Key Metrics Changes - In Q3 2025, the company produced 103,000 gold equivalent ounces at an all-in sustaining cost (AISC) of $2,359 per ounce, with a full-year production target of 410,000-480,000 gold equivalent ounces, expected to finish in the lower half of that range [8][9] - The net income attributable to shareholders was $65.4 million, or $0.31 per diluted share, while adjusted net income was $68.4 million, or $0.32 per diluted share [10] - Free cash flow before changes in working capital was $72 million, indicating strong margins despite ongoing investments in growth initiatives [11] Business Line Data and Key Metrics Changes - Marigold produced 36,000 ounces of gold at an AISC of $1,840 per ounce, with expectations for a strong Q4, although slightly below initial expectations [12] - CC&V produced 30,000 ounces of gold at an AISC of $1,756 per ounce, generating nearly $115 million in asset-level free cash flow since acquisition [14] - Seabee faced challenges with production of 9,000 ounces at an AISC of $3,003 per ounce, attributed to lower-than-expected grades and a focus on underground development [15] Market Data and Key Metrics Changes - The average realized gold price was above $3,500 per ounce for the quarter, contributing to the financial performance [10] - The company ended the quarter with $409 million in cash and total liquidity exceeding $900 million, ensuring capacity to fund growth initiatives [9] Company Strategy and Development Direction - The company is focused on advancing organic development projects, including Hod Maden, Buffalo Valley, and others, with a strong emphasis on project updates and technical reports [5][18] - The company aims to showcase the potential of key assets like Cripple Creek and Hod Maden, with upcoming technical reports expected to highlight their upside potential [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a stronger Q4, primarily driven by Marigold and CC&V, while addressing challenges with ore blending at Marigold [22] - Discussions with regulatory bodies regarding the restart of Çöpler are ongoing, with increased public support for reopening noted [30] Other Important Information - The company has spent $44 million on advancing Hod Maden this year and remains on track for full-year growth capital guidance of $60-$100 million [5][18] - The technical report for Cripple Creek and Victor is expected to be published soon, providing insights into mineral reserves and potential expansions [5] Q&A Session Summary Question: Expectations for Q4 performance - Management confirmed that Q4 strength is expected to come primarily from Marigold and CC&V, with adjustments being made to handle ore blending challenges [22][23] Question: Clarification on Seabee's lower grades - Management explained that lower grades were due to an increased proportion of material from the gap hanging wall, which came in at lower grades than expected [26] Question: Update on Çöpler's regulatory discussions - Management indicated ongoing discussions with regulators, focusing on technical aspects for approval, with increased public support for reopening noted [30] Question: Guidance for Hod Maden and potential carryover into 2026 - Management reassured that spending at Hod Maden is on track, with expectations to meet the midpoint of the guidance range [36][37] Question: Strategy regarding M&A and growth opportunities - Management reiterated a consistent strategy focused on organic growth and selective M&A opportunities that fit within established criteria [46][47]
Borealis Mining Receives U.S. Forest Service Approval for Permit Modification; Prepares for Mine Restart in Q1 2026
Newsfile· 2025-10-21 11:00
Core Viewpoint - Borealis Mining Company has received approval from the U.S. Forest Service for a minor modification to its operational plan, enabling the restart of the Borealis Gold Mine in Q1 2026, marking a significant regulatory milestone for the company [1][4]. Group 1: Permit Modification and Project Area - The approved minor modification allows for expanded mining activities in several pits, development of new waste rock facilities, reconfiguration of existing waste facilities, and construction of new roads, adding approximately 68.3 acres of disturbance, bringing the total project area to 549.7 acres [2]. Group 2: Mine Restart Preparations - The company is preparing for a full mine restart in Q1 2026, with contractor mobilization expected to begin in December, followed by drilling and blasting activities in early January. Additional preparatory works include slope angle adjustments, hiring personnel, and conducting geotechnical works [3]. Group 3: Financial and Operational Readiness - Borealis is fully financed for the restart through existing working capital and revenues from its ongoing stockpile crushing program. The company is debt-free and ready to generate significant revenues for shareholders [4][6]. Group 4: Ongoing Operations - The company continues its stockpile and leaching program, with the ADR plant operational and generating gold and silver recoveries during the pre-restart phase, aimed at ensuring a smooth transition to steady-state operations [5]. Group 5: Mine Property and Exploration Potential - The Borealis mine property is fully permitted and equipped for operations, having historically produced over 600,000 ounces of gold. The property has high-grade expansion potential with excellent historical drilling results and several untested regional targets [7][8]. Group 6: Company Overview - Borealis is focused on the exploration and resumption of production at the Borealis Mine and advancing its Sandman project in Nevada. The company holds approximately 16,300 acres of mining claims and is led by a strong management team with a successful track record in the mining industry [9].