Core Viewpoint - Silver X Mining Corp. reported strong operational results for the fourth quarter of 2025, highlighting significant growth in production and throughput at its Nueva Recuperada property in Peru, which positions the company for sustained production growth and value creation [3][10]. Production Highlights - Processed tonnage increased to 41,635 tonnes in 4Q25, up 24% from 33,505 tonnes in 3Q25 [8]. - Silver equivalent ounces ("AgEq") processed rose to 266,995 oz in 4Q25, a 17% increase from 227,315 oz in 3Q25, driven by higher throughput while maintaining consistent head grades [8]. - Gold production increased to 667 ounces in 4Q25, representing a 67% quarter-over-quarter increase from 398 ounces in 3Q25 [8]. - Average silver prices in 4Q25 were approximately US$55/oz, up from US$40/oz in 3Q25, indicating operational stability despite higher prices [8][6]. Strategic Initiatives - The company is advancing a 40,000-meter drilling program and developing new mining fronts to support both near-term production growth and long-term resource expansion [4][3]. - Continued investment in underground development and improved operational coordination are expected to facilitate further production growth in upcoming quarters [3]. Future Outlook - Silver X aims to scale production at the Tangana Mining Unit and plans to restart the Plata Mine, targeting approximately 6 million AgEq ounces annually by 2029 [10].

Expanded Phase 2 (EP2) Overview - The Expanded Phase 2 (EP2) project aims to add a 13 Mtpa plant to achieve a total throughput of 21 Mtpa by the end of 2028[9] - The capital cost for EP2 is estimated at $144 billion[11] - The project targets over 500,000 ounces of annual gold production for the first 10 full years[13] - Phase 1A aims to increase plant design throughput from 6 Mtpa to 8 Mtpa by the end of 2026, with a capital cost of $110 million[9, 11] Production and Cost Guidance - The project anticipates annual average gold production of 500,000-525,000 ounces for the first 10 full years (2029-2038)[14] - Annual average silver production is projected at 2,000,000-2,500,000 ounces for the first 10 full years (2029-2038)[14] - All-in sustaining costs (AISC) are estimated at $1,000-$1,100 per ounce of gold for the first 10 full years[14] Project Execution and Benefits - Front-end engineering and design for EP2 were completed in December 2025, with advanced planning for early works and construction[30] - The EP2 processing plant will be a separate facility adjacent to the Phase 1 processing plant, minimizing disruption to current operations[22] - The project is expected to create approximately 1,200 direct employee and contractor positions for operations, plus around 1,500 employees and contractors during construction[41]

Core Viewpoint - Newcore Gold Ltd. has reported positive drill results from its ongoing 45,000-metre drill program at the Enchi Gold Project in Ghana, indicating strong continuity of gold mineralization and potential for resource expansion at the Boin Gold Deposit [1][4][10]. Drilling Results - The recent drilling at the Boin Gold Deposit included multiple intersections of near-surface gold mineralization, with notable results such as hole KBRC370 intersecting 3.16 grams per tonne gold over 3.0 metres and hole KBRC368 intersecting 0.78 g/t Au over 16.0 metres, including a higher-grade interval of 8.17 g/t Au over 1.0 metre [1][5][6]. - A total of 6 reverse circulation (RC) holes were reported, totaling 550 metres, with all holes intersecting gold mineralization, and approximately 98.7% of the 237 holes drilled in the ongoing program have intersected gold [4][6][10]. Drill Program Phases - The drill program is in its second phase, focusing on resource growth and infill drilling to convert Inferred Resources to Indicated, with the first phase completed and results being prepared for a Pre-Feasibility Study expected in early 2026 [3][4][10]. - The second phase will also include diamond drilling to target higher-grade potential at depth, with initial results anticipated in early 2026 [4][10]. Resource Estimates - The Boin Gold Deposit has an Indicated Mineral Resource of 13.0 million tonnes grading 0.62 g/t Au, containing 258,200 ounces, and an Inferred Mineral Resource of 15.9 million tonnes grading 0.68 g/t Au, containing 349,600 ounces [12][16]. - The overall Enchi Gold Project hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au, containing 743,500 ounces, and an Inferred Mineral Resource of 46.6 million tonnes grading 0.65 g/t Au, containing 972,000 ounces [16]. Development Activities - In addition to drilling, the company is conducting various development activities in support of the Pre-Feasibility Study, including metallurgical testwork, hydrogeological testing, geotechnical work, and environmental assessments [11][19].

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]

Core Viewpoint - Osisko Metals has announced new drill results from the Gaspé Copper Project, confirming and expanding the resource model with significant copper and molybdenum mineralization, particularly in the southern extension of the deposit [1][2][29]. Summary by Category Drill Results - The latest drilling results include 33 mineralized intercepts from nine new drill holes, with infill intercepts aimed at upgrading inferred resources and expansion intercepts potentially leading to additional resources [5][8]. - Notable drill holes include: - **30-1107**: 592.0 metres averaging 0.33% Cu (0.46 CuEq) [9] - **30-1112**: 868.5 metres averaging 0.23% Cu (0.30 CuEq) [9] - **30-1114**: 142.1 metres averaging 0.39% Cu (0.47 CuEq) [9] - **30-1116**: 565.5 metres averaging 0.22% Cu (0.29 CuEq) [9] - **30-1119**: 46.4 metres averaging 1.10% Cu (1.25 CuEq) [9] Market Context - The copper spot price is nearing US$5/lb, silver at US$47/oz, and molybdenum over US$30/lb, indicating a favorable market environment for the project [2]. Resource Expansion - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions towards Needle East and Needle Mountain [21][29]. - The Gaspé Copper project hosts the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [29][30]. Geological Insights - Mineralization at Gaspé Copper is characterized as porphyry copper/skarn type, with significant stockwork mineralization and high molybdenum grades observed in certain zones [18][19].

Core Viewpoint - Argenta Silver has announced promising assay results from its El Quevar Project, indicating high-grade silver mineralization and plans for an extensive drilling program to further explore and expand resources [1][3][6]. Company Overview - Argenta Silver acquired the El Quevar project for USD 3.5 million in October 2024, following the previous operator's asset sales due to liquidity issues [2]. - The company currently has a market capitalization of CND $169 million [2]. - Year-to-date, silver prices have increased by 62%, rising from USD $29 per ounce to USD $47 per ounce [2]. - Argenta's share price has surged by 310% over the past year, from USD $0.21 to USD $0.65 [2]. Recent Developments - The latest assay results confirm high-grade silver intervals, including 694 g/t over 2.1 meters at the Yaxtché Deposit and 204 g/t over 2.00 meters at the Mani exploration target [3][12]. - The company is fully funded with a treasury of C$23 million and is set to commence the 2025–2026 Drill Program at El Quevar [5][18]. - The upcoming drilling campaign aims to cover 12,000 to 15,000 meters and is scheduled to start on November 1, 2025 [18]. Drilling Objectives - The 2025 Winter Drilling Program had three main objectives: confirming known high-grade zones, stepping out along strike, and testing new targets [9]. - Historical drilling has primarily focused on the resource area, with only 3% of the property explored, indicating significant potential for new discoveries [20]. Exploration Insights - Recent drilling has confirmed the presence of multiple silver and gold mineralization intervals, enhancing the geological model for the Yaxtché Deposit [10][11]. - The exploration drillhole QVD-418 has shown anomalous silver results, suggesting mineralization extends to new targets [11]. - The company plans to allocate 40% of capital to resource expansion and 60% to aggressive exploration outside the known resource area [21][20]. Industry Context - The El Quevar project is located in Salta Province, Argentina, which was voted as Latin America's top mining jurisdiction by The Fraser Institute in 2024 [15]. - The provincial government has initiated a Sustainable Mining Development Plan for 2030, aimed at enhancing infrastructure and supporting the mining industry [16].

Core Insights - Wesdome Gold Mines Ltd. has announced the discovery of a new mineralized zone at the Dubuisson deposit, which is located east of the Kiena Deep deposit in the Kiena Mine Complex, Val-d'Or, Québec [1][2][3] Exploration Results - Drill hole DB-25-068 intersected 4.1 g/t Au over 25.8 metres (core length), indicating significant resource expansion potential [2][3] - The new zone is approximately 100 metres below and lateral to the Dubuisson North Zone, interpreted to be between the Dubuisson North and South zones, suggesting a compelling opportunity for depth expansion [2][3] - The intercept includes higher-grade intervals, such as 6.1 g/t Au over 6.1 metres, highlighting the potential for future bulk-tonnage mineralization at Kiena [3][4] Company Statements - Anthea Bath, President and CEO, emphasized the strong potential for expansion at the Dubuisson deposit, noting the intercept's grade, width, and proximity to existing infrastructure [3] - Jono Lawrence, Senior VP Exploration and Resources, mentioned that the 2025 drilling campaign has completed 41 holes totaling 11,361 metres, indicating the underexplored nature of the Dubuisson deposit [3][4] Technical Details - The Dubuisson deposit currently hosts a probable reserve of 36,400 ounces at 5.8 g/t Au, an indicated resource of 18,000 ounces at 4.6 g/t Au, and an inferred resource of 55,600 ounces at 5.4 g/t Au [4] - The mineralization style at Dubuisson is characterized by quartz-tourmaline veins within diorite intrusive units, distinct from the Kiena Deep deposit [5][6] Future Plans - A follow-up hole is planned before the end of the current barge drilling season, with a larger barge-based drilling program scheduled to commence in summer 2026 [3][4]

Core Insights - The latest diamond drilling at the Cyclone Deposit has revealed high-grade copper intervals, indicating potential for resource expansion [1] - Significant assay results include drill hole PFS-002 intersecting 12.1m at 5.6% copper and drill hole PFS-001 intersecting 18.2m at 1.1% copper, both outside current pit designs [1] - Reverse Circulation drilling results support the potential for resource upgrade and expansion across multiple deposits [1] Group 1: Drilling Results - Drill hole PFS-002 reported 12.1m at 5.6% copper, including 0.5m at 27.3% copper [1] - Drill hole PFS-001 showed 18.2m at 1.1% copper, with notable intervals of 7.1m at 2.2% copper [1] - High-grade intervals were found near the surface, suggesting additional resource potential [1] Group 2: Resource Expansion Potential - Assays from resource drilling around Cyclone, Chinook, Thunder, and Cirrus Deposits indicate thick copper intervals [1] - Positive implications for resource expansion at Storm are highlighted by the drilling results [1] - Ongoing mine development workstreams include permitting and Pre-Feasibility Study for potential mine development [1]

Core Insights - Dakota Gold Corp. continues to report significant gold mineralization from its ongoing 2025 drilling campaign at the Richmond Hill Oxide Heap Leach Gold Project, with high-grade gold being intercepted in the northern project area, supporting plans for initial mining operations [1][3] - The company is conducting a core drilling campaign aimed at completing a Feasibility Study, with a total of 27,500 meters (~90,000 feet) planned for the 2025 campaign [1][3] Drilling Results - Recent assay results from 32 infill and metallurgical drill holes indicate promising mineralization, particularly in the northern project area, which is targeted for the initial stages of mining [1][3] - Notable drill results include RH25C-241, which intersected 3.72 grams per tonne (g/t) gold over 20.5 meters, and RH25C-209 with 1.40 g/t Au over 73.5 meters, demonstrating the low-risk nature of the deposit [5][8] Future Plans - The ongoing drilling is expected to provide critical data for the Feasibility Study, enhancing geological resource understanding and supporting the transition to commercial production by 2029 [3][11] - The company anticipates further assay results from expansion and infill drilling in the northeast project area before the end of the year, with potential for resource expansion based on prior drilling [5][8]

Core Insights - New Found Gold Corp. announced high-grade gold mineralization results from its ongoing 2025 drill program at the Queensway Gold Project in Newfoundland and Labrador, Canada [1][3] - Significant drill results include 10.4 g/t Au over 20.50 m and 7.47 g/t Au over 13.40 m from the Dome zone, indicating potential for resource expansion [7][9] - The 2025 drill program aims to convert inferred mineral resources to indicated resources, with results expected to be included in a mineral resource update scheduled for H1/26 [3][4] Drill Results Summary - The news release includes results from 11,187 m of drilling across 79 diamond drill holes completed in Q3/25, focusing on infill and exploration at the AFZ Core [4][5] - Key highlights from the Dome zone include: - 10.4 g/t Au over 20.50 m (NFGC-25-2299) - 7.47 g/t Au over 13.40 m (NFGC-25-2265) [7][9] - Lotto zone results include: - 40.6 g/t Au over 2.80 m (NFGC-25-2268) - 30.5 g/t Au over 2.05 m (NFGC-25-2263) [7] - Lotto North zone results include: - 33.8 g/t Au over 2.05 m (NFGC-25-2292) - 8.26 g/t Au over 4.40 m (NFGC-25-2331) [7] Future Plans - The 2025 Queensway drill program, which commenced in May 2025, is approximately 70% complete, with a focus on the AFZ Core area [14][15] - Infill drilling is ongoing to convert remaining inferred resources to indicated resources, with completion expected in Q4/25 [15][16] - Additional drilling in 2026 will target the expansion of the newly identified high-grade domain at the Dome zone [10][12]