NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and BMO Capital Markets (collectively, the “Underwriters”) to increase the size of its previously announced “bo ...

Core Viewpoint - PMET Resources Inc. has entered into a definitive agreement to acquire the Pikwa Property, expanding its land position in the James Bay region of Quebec, which is expected to enhance its exploration potential for multiple commodities [1][6][10]. Acquisition Details - The acquisition involves a 100% interest in the Pikwa Property from Azimut Exploration Inc. and SOQUEM Inc. [1][6] - The Pikwa Property consists of 509 mineral claims covering approximately 10 km of a highly prospective greenstone belt trend [2][3]. - The acquisition is subject to customary closing conditions, including approval from the Toronto Stock Exchange [6]. Geological Potential - The Pikwa Property is located immediately west of PMET's flagship Shaakichiuwaanaan Property and is part of a continuous land position of over 70 km of greenstone trend [3][5]. - The geological setting of the Pikwa Property indicates strong potential for various commodities, including orogenic gold, porphyry deposits, and LCT pegmatites [2][3]. - Historical exploration has identified spodumene-bearing pegmatite and spodumene grains in till, further enhancing the property's potential [3][4]. Strategic Importance - The acquisition is viewed as a strategic addition to PMET's land holdings, consolidating some of the most prospective LCT pegmatite trends globally [5]. - The Pikwa Property includes multiple base and precious metal targets, which have been the focus of historical exploration efforts [4][5]. Financial Considerations - Upon closing, PMET will issue an aggregate of 841,916 common shares at a deemed price of $3.68 per share to Azimut and SOQUEM [8]. - A 1% net smelter return royalty interest will be granted to both Azimut and SOQUEM in relation to the Pikwa Property [8].

Core Viewpoint - Honey Badger Silver Inc. announces the resignation of Mr. Dorian L. (Dusty) Nicol from its Board of Directors, effective immediately, while he will continue to support the company in a consulting role [1][2]. Company Leadership Changes - Mr. Andrew Jedemann has been appointed as Vice President of Exploration, bringing over eight years of experience in exploration, particularly in gold, nickel-copper, and PGE deposits [5]. - Mr. Ben Kuzmich will serve as Qualified Person (QP) for Honey Badger Silver, with extensive exploration experience and a successful track record in major drill programs [5]. Company Overview - Honey Badger Silver is focused on silver mining, with projects located in historically rich mining areas, including the Sunrise Lake project, which has a historic resource of 12.8 million ounces (Moz) of silver at a grade of 262 grams per tonne (g/t) [3][4]. - The company also holds the Plata high-grade silver project and the Clear Lake Project, which has an unclassified historic resource of 5.5 Moz of silver at a grade of 22 g/t [3][4]. Project Highlights - The Sunrise Lake project has indicated resources of 12.8 Moz of silver and 201.3 million pounds of zinc, and inferred resources of 13.9 Moz of silver and 247.8 million pounds of zinc [3][4]. - The Clear Lake Project has an unclassified historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc [3][4].

Core Insights - West Red Lake Gold Mines Ltd. has reported promising drill results from its Madsen Mine, indicating high-grade gold mineralization in the Austin Zone, with significant potential for further discoveries [1][2][3] Summary by Sections Drill Results - The recent drilling at the Madsen Mine has revealed high-grade gold intercepts, particularly in the Austin Zone, which has an Indicated mineral resource of 914,200 ounces at a grade of 6.9 grams per tonne and an Inferred resource of 104,900 ounces at 6.5 grams per tonne [2][3][29] - Notable drill results include Hole MM25D-12-4860-004, which intersected 7.75 meters at 139.45 grams per tonne gold, including a remarkable 2 meters at 532.25 grams per tonne [5][9] Mining Potential - The company is focusing on the lower portions of the Austin Zone, where historical mining occurred in the 1950s and 60s, suggesting significant untapped potential for gold recovery [2][3] - The ongoing drilling program aims to define near-term mining inventory and expand the current mineral resource, particularly in the Austin, South Austin, North Austin, and McVeigh Zones [16][29] Geological Context - The mineralization at the Madsen Mine is associated with broad alteration corridors and has been subjected to high temperatures during metamorphism, which has influenced the mineral assemblage [11][13] - The Austin structures are characterized by complex geological features, including folding and structural dismemberment, which may enhance the potential for high-grade gold deposits [11][14] Resource Estimates - The Madsen Mine currently hosts a total Indicated resource of 1.65 million ounces of gold at a grade of 7.4 grams per tonne, with an Inferred resource of 0.37 million ounces at 6.3 grams per tonne [29] - The mine also contains Probable reserves of 478,000 ounces at a grade of 8.16 grams per tonne, based on a gold price of US$1,680 per ounce [29]

Core Insights - Eloro Resources Ltd. has reported further assay results from its definition drill program at the Iska Iska project, indicating an expansion of the hydrothermal system's footprint to approximately 800m by 500m by 500m deep, with dimensions increased by 100m along and across strike compared to previous reports [3][5][6] - The drilling program has completed a total of 6,242m in twelve holes, with significant results from five holes reported, including high-grade intersections of tin and silver [3][5][6] - The Santa Barbara Zone remains open laterally and downdip, presenting opportunities for further drilling to expand and upgrade mineral resources for the planned Preliminary Economic Assessment (PEA) [5][6] Drill Results - Hole DSB-87 intersected 213.00m grading 0.51% tin and 25.46 g/t silver, marking the longest and highest-grade tin intersection obtained so far at Iska Iska [6][10] - Hole DSB-86 intersected a long interval of zinc and lead grading 0.81% Zn and 0.80% Pb over 241.50m, including a higher section grading 1.56% Zn and 0.98% Pb over 100.50m [9][10] - DSB-80 and DSB-84 also reported several higher-grade intervals of silver, tin, and zinc, with notable grades such as 53.10 g/t Ag over 15.00m and 31.62 g/t Ag over 16.50m respectively [6][9][10] Geological Context - The Iska Iska project is characterized as a major silver-tin polymetallic porphyry-epithermal complex, associated with a Miocene caldera, and is located in a region known for significant mineral deposits [22][23] - The hydrothermal system at Iska Iska shows strong scale and complexity, with indications of significant tin-polymetallic endowment based on the dynamic nature of hydrothermal events observed in drill cores [5][6][23] Future Prospects - The ongoing drilling program aims to further delineate the mineralized zones and confirm larger extensions of both tin and polymetallic systems at Iska Iska, with the potential for significant resource upgrades [5][6][10] - The results from the current drilling phase are expected to unlock additional value for shareholders and enhance the project's viability for future development [5][6]

Core Insights - Gunnison Copper Corp. is hosting a live virtual corporate update on September 15, 2025, at 2:00 PM ET, inviting shareholders and interested parties to participate [1][2] - The update will cover key developments including the first copper production at Johnson Camp Mine, the robust Preliminary Economic Assessment (PEA) of the Gunnison Project, and exploration potential in the Cochise Mining District [3] Company Overview - Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer, controlling the Cochise Mining District with 12 known deposits within an 8 km economic radius in Southern Arizona [3] - The flagship Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 831.6 million tons with a total copper grade of 0.31%, including 191.3 million tons at 0.37% and 640.2 million tons at 0.29% [3] - The PEA for the Gunnison Project indicates an NPV8% of $1.3 billion, an IRR of 20.9%, and a payback period of 4.1 years, with the project being developed as a conventional operation [3] Production and Assets - The Johnson Camp Asset is now in production, fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million lbs of finished copper cathode annually [3] - Other significant deposits in the district, such as Strong and Harris, South Star, and eight additional deposits, have the potential to serve as economic satellite feeder deposits for the Gunnison Project [3] Industry Context - The update will emphasize the importance of "Made-in-America" copper, highlighting its relevance in the current market [3]

Core Viewpoint - Q2 Metals Corp. clarifies its technical disclosure regarding the Exploration Target on the Cisco Lithium Project following a review by the British Columbia Securities Commission, emphasizing that the potential quantity and grade are conceptual and not yet defined as a Mineral Resource [1][2][4]. Exploration Target Details - The inaugural Exploration Target estimates a potential mineralization range of 215 to 329 million tonnes at a grade of 1.0 to 1.38% Li2O, based on drilling data from 40 holes [4][18]. - The Exploration Target is conceptual and does not constitute a Mineral Resource as defined by NI 43-101, with insufficient exploration conducted to confirm the target [4][6][18]. Methodology and Data - BBA Inc. prepared the Exploration Target based on a comprehensive review of exploration and drilling data, including 40 drill holes totaling 16,167.8 meters [5][9]. - The methodology involved 3D modeling of pegmatite domains and applying specific gravity measurements to estimate tonnage and grade, with adjustments made for confidence factors [9][12]. Ongoing Exploration Efforts - The company is continuing its drill campaign to define and prepare an inferred Mineral Resource estimate at the Cisco Project, with mineralization remaining open at depth and along strike [2][19]. - The 2025 Exploration Program is ongoing, with rolling assay results expected in the coming weeks [19]. Company Overview - Q2 Metals Corp. is focused on the Cisco Lithium Project located in the Eeyou Istchee James Bay region of Quebec, Canada, covering 41,253 hectares with significant district-scale potential [17].

Core Viewpoint - Callinex Mines Inc. has changed its name to Visionary Copper and Gold Mines Inc. to better reflect its focus on copper and gold projects in Canada, with trading under the new name starting on August 28, 2025 [1][2]. Company Overview - Callinex Mines Inc. is advancing a portfolio of base and precious metals deposits located in established Canadian mining jurisdictions, with a focus on the 100% owned Point Leamington Deposit in Newfoundland, which has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq for 402,000 ounces AuEq [3]. - The company also has an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq for 986,500 ounces AuEq at the Point Leamington Deposit, and an out-of-pit Inferred Mineral Resource of 1.7 million tonnes grading 3.06 g/t AuEq for 168,500 ounces AuEq [3]. - Additionally, the Rainbow deposit at the Pine Bay Project has an indicated mineral resource of 3.44 million tonnes grading 3.59% CuEq for 272.4 million pounds CuEq, and an inferred mineral resource of 1.28 million tonnes grading 2.95% CuEq containing 83.4 million pounds CuEq [3]. - The Nash Creek Project in the Bathurst Mining District has a 2018 Preliminary Economic Assessment (PEA) indicating a pre-tax Internal Rate of Return (IRR) of 34.1% and a Net Present Value (NPV) of $230 million at $1.25 Zinc [3].

Core Viewpoint - Tudor Gold Corp. has filed for an underground exploration permit for the Treaty Creek Project, aiming to enhance access to the high-grade gold SC-1 Zone and improve drilling efficiency [1][2]. Group 1: Underground Exploration Permit - The permit application includes the development of an underground ramp to access the SC-1 Zone and other zones, facilitating definition drilling and expansion drilling [2]. - Underground drilling is expected to reduce time and costs associated with delineating the SC-1 Zone, allowing for year-round drilling operations [2]. Group 2: SC-1 Zone Discovery - The SC-1 Zone was identified in early 2024, with the discovery hole (GS-22-134) intersecting 25.5 meters grading 9.66 g/t gold, 1.23 g/t silver, and 0.24% copper [3]. Group 3: American Creek Acquisition - Tudor Gold plans to acquire all outstanding shares of American Creek, with a shareholder meeting scheduled for August 28, 2025, to approve the transaction [7]. - Upon completion of the acquisition, Tudor Gold's interest in the Treaty Creek Project will increase from 60% to 80% [8]. Group 4: Mineral Resources - The Treaty Creek Project hosts an Indicated Mineral Resource of 21.66 million ounces of gold grading 0.92 g/t, 2.87 billion pounds of copper grading 0.18%, and 128.73 million ounces of silver grading 5.48 g/t [8]. - Additionally, it has an Inferred Mineral Resource of 4.88 million ounces of gold grading 1.01 g/t, 503.2 million pounds of copper grading 0.15%, and 28.97 million ounces of silver grading 6.02 g/t [8]. Group 5: Company Overview - Tudor Gold Corp. is focused on precious and base metals exploration and development in the Golden Triangle of British Columbia, an area known for its significant mineral deposits [10].

Project Overview - Astral Resources is advancing the Mandilla project towards a multi-decade gold mining development with a target of 100,000 ounces per annum (kozpa)[1] - The project is located in the Kalgoorlie goldfields of Western Australia[23] - The company has a Mineral Resource inventory of 1.8 million ounces (Moz) and a Probable Reserve of 1.1 Moz[23] Financial Highlights (Pre-Feasibility Study - PFS) - The PFS demonstrates positive financial outcomes at a gold price of A$4,250/oz, including a pre-tax Net Present Value (NPV8) of A$1.4 billion and pre-tax free cash flow of A$2.8 billion[29] - The PFS indicates a payback period of approximately 12 months at a gold price of A$4,250/oz[29] - At a higher gold price of A$5,000/oz, the pre-tax NPV8 increases to A$2.0 billion and pre-tax free cash flow to A$3.9 billion, with a payback period of approximately 9 months[29] - The All-in Sustaining Cost (AISC) is projected to be A$2,085/oz over the Life of Mine (LOM) at a gold price of A$4,250/oz[34] Resources and Reserves - The Theia deposit represents 81% of the Mandilla Mineral Resource Estimate (MRE), containing 1.2 Moz of gold[44] - 95% of the Mandilla MRE converted into the PFS production target[40] - 86% of the Feysville MRE converted into the PFS production target (excluding Think Big fresh)[40] - The total Ore Reserve is estimated at 36.6 million tonnes (Mt) at 0.9 g/t Au for 1.082 Moz[64]