La Guitarra Mine Operations - Full commercial production commenced on January 1, 2025[13, 26, 64] - Q2 2025 sales reached 173,562 silver equivalent ounces[13, 44] - Q2 2025 revenues totaled $5.4 million[13, 44, 45] - Gross profit of $1.3 million was recorded for Q2 2025[13, 45] - Milled 41,235 tonnes of material in Q2 2025[45] Resource Update & Exploration - La Guitarra's 2023 resource update shows a 373% increase in Measured & Indicated silver-equivalent ounces, totaling 27.2 million ounces[30] - Inferred silver-equivalent ounces increased by 204%, reaching 20.2 million ounces[30] - The company is planning a +20,000m drill program in the Temascaltepec East District[49, 64] - Over 1,400 drill holes totaling 236,000 meters have been completed[48] Financial Position & Share Structure - A C$19.5 million private placement closed in July 2025[13, 40, 64] - Current assets, including cash, amounted to $5.9 million as of June 30, 2025[53, 64] - First Majestic Silver holds 37.7% of the company's shares[26, 54, 64]

Core Viewpoint - Minnova Corp. has engaged A&B Global Mining to advance the PL Gold Mine restart plan, which includes an updated feasibility study and mineral resource estimate scheduled for completion in 2026 [2][3][4]. Group 1: Strategic Engagement - The partnership with A&B Global Mining is a pivotal milestone in Minnova's strategy to de-risk the PL Gold Mine and enhance its value in the robust gold market [3][4]. - A&B Global Mining will lead a structured, two-stage technical program to optimize the mine plan and maximize the project's overall value [3][7]. Group 2: Project Details - The PL Gold Mine is an advanced-stage development project with significant existing infrastructure, including a processing plant with a capacity of 1,000 tonnes per day and over 7,000 meters of underground ramp development [5][10]. - The planned technical programs will focus on a revised mine development plan prioritizing lower-cost open pit mining methods in the initial years of operation [6][7]. Group 3: Work Programs and Deliverables - Key development activities for 2025 and 2026 include diamond drilling to expand resources, an updated mineral resource estimate, and a comprehensive feasibility study [7][9]. - The two-stage approach will first establish foundational data and models, followed by a full feasibility study to Class 3 engineering standards [8][9]. Group 4: Company Background - Minnova Corp. aims to restart the PL Gold Mine, having completed a positive feasibility study in 2018 based on a gold price of US$1,250 per ounce, indicating an average annual production rate of 46,493 ounces over a minimum 5-year mine life [10]. - The project benefits from a short pre-production timeline forecast at 15 months and a valid underground mining permit [10].