Summary of Vizsla Silver's Feasibility Study and Convertible Notes Offering Company Overview - **Company**: Vizsla Silver - **Industry**: Silver and Gold Mining - **Project**: Panuco Mine in Mexico Key Points from the Feasibility Study - **Feasibility Study Significance**: The study positions Panuco as a tier-one asset of global significance, with plans to become a leading silver and gold producer globally [2][3] - **Production Goals**: Internal goal to reach 50 million ounces of production in the next 10 years, primarily from the Panuco mine [3] - **Financial Metrics**: - Post-tax NPV of $1.8 billion - Post-tax IRR of 111% - Initial capital cost of $238.7 million - NPV to CapEx ratio of 7.5 times [22][49] - **Production Estimates**: - Average payable silver equivalent production of 20.1 million ounces over the first five years - Life of mine production of 17.4 million ounces per annum [22][24] - **Cost Structure**: - All-in sustaining cost of $10.61 per ounce - Operating cost of $85.11 per ton milled [24][46] Financing Details - **Bond Issuance**: Closing of a $300 million bond issuance, the largest in the silver industry, fully financing the Panuco project [5][12] - **Financial Flexibility**: The bond can be settled in cash, stock, or a combination, allowing for flexibility without diluting equity [6][10] - **Comparison to Previous Financing**: The bond replaces a previously announced Macquarie facility, providing lower cost of capital and fewer restrictions [9][10] Project Development and Timeline - **Permit Timeline**: Expecting permits by mid-2026, with construction planned for the second half of 2026 [15][19] - **Test Mine Development**: Ongoing test mine operations to de-risk the project and prepare for production [16][56] - **Infrastructure and Community Engagement**: Strong local community ties with 70% of the workforce sourced locally and significant investments in community projects [20][19] Exploration and Growth Potential - **Land Package Expansion**: The land package has quadrupled since 2024, with less than 70% mapped and only 28% of known veins explored [17][65] - **Future Exploration Plans**: Continued exploration in the wider property, including the Lagara project and Santa Fe, with systematic exploration planned [66][63] Conclusion - **Investment Opportunity**: Vizsla Silver presents a compelling investment opportunity with robust financial metrics, a strong production profile, and significant growth potential in the silver mining sector [14][16]

Core Viewpoint - Aftermath Silver Ltd. has successfully completed the final payment for the acquisition of the Berenguela silver-copper-manganese project ahead of the due date, securing 100% ownership of the project and initiating a comprehensive pre-feasibility study [1][4][3]. Acquisition Details - The final payment was reduced by US$100,000 to US$1.55 million due to an agreement with EMX Royalty Corporation, while SSR Mining Inc. waived the requirement for Aftermath to complete a Pre-Feasibility Study by November 23, 2025 [2]. - The total payment obligations under the Acquisition Agreement amounted to US$13 million, which Aftermath has now fulfilled [5]. Mineral Resource Estimate - As of January 31, 2023, the Berenguela project has a mineral resource estimate of 40.176 million tonnes, with a measured and indicated silver grade of 78 g/t, copper grade of 0.67%, and manganese grade of 2.45% [6][8]. - The inferred resource is estimated at 22.287 million tonnes with a silver grade of 54 g/t and a copper grade of 0.42% [6]. Project Significance - The Berenguela project is considered a critical metals project, and the completion of the acquisition positions Aftermath Silver to capitalize on the growing demand for silver, copper, and manganese [4][1]. - The relative value of the mineral resource by metal is approximately 26% silver, 26% copper, 44% manganese, and 4% zinc [8]. Future Plans - Aftermath Silver is set to initiate a comprehensive pre-feasibility study for the Berenguela project, focusing on the production of silver, copper, and manganese [4].

Americore Resources Announces an Agreement to Acquire the Issued and Outstanding Shares of Nevada Hills Gold LLC, Thereby Expanding the Size and Potential of the Trinity Silver Project in NevadaNovember 24, 2025 8:00 AM EST | Source: Americore Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") is pleased to announce that it has agreed to acquire up to 100% of the issu ...

Core Viewpoint - Endeavour Silver Corp. has entered into a definitive share purchase agreement with Guanajuato Silver Company Ltd. for the sale of the Bolañitos silver and gold mine for total consideration of up to US$50 million, with the transaction expected to close in January 2026 [1][2]. Transaction Details - Guanajuato Silver will acquire all issued and outstanding shares of Mina Bolañitos, S.A. de C.V., which holds the Bolañitos Mine in Guanajuato, Mexico [3]. - The total consideration payable at closing is US$40 million, consisting of US$30 million in cash and US$10 million in common shares of Guanajuato Silver at a deemed price of US$0.2709413 (C$0.3815) per share [4]. - In addition to the base consideration, Guanajuato Silver will make two contingent payments of US$5 million each upon the production of two million and four million ounces of silver equivalent from the Bolañitos Mine [5]. Contingent Payments - Each contingent payment will be satisfied 50% in cash and 50% in Guanajuato Shares, with the share price determined by the greater of the 10-day VWAP at the milestone payment date or the minimum price permitted by the TSXV [6]. - The number of contingent shares is subject to a maximum ownership percentage of 9.9% of the issued and outstanding Guanajuato Shares [7]. Investor Rights Agreement - An investor rights agreement will be established at closing, including participation rights for Endeavour and a commitment to vote in accordance with Guanajuato Silver's board recommendations for 12 months [8]. Closing Conditions - The transaction is subject to customary closing conditions, including regulatory approvals and the investor rights agreement [9]. - A reciprocal termination fee of US$2.5 million is included in the agreement, payable under certain circumstances [9]. Company Overview - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, focusing on organic growth and creating lasting value [10].

Core Insights - Kuya Silver Corporation reported significant operational and financial progress for Q3 2025, particularly at the Bethania Silver Project in Peru, with record tonnes processed and a strengthened balance sheet following successful financing [1][6][15] Operational Highlights - The average throughput at the Bethania mine is approximately 90 tonnes per day, with a record single-day mining achievement of 102.5 tonnes of mineralized material [2][5] - The mine has produced a total of 2,296 tonnes of mineralized material year-to-date, including 417 tonnes in Q3 2025, with a temporary reduction in mining rate due to infrastructure upgrades [6][12] - Major infrastructure improvements included 11.6 kilometers of road maintenance, reinforcement of underground supports, and installation of new equipment [6][7][20] Financial Performance - For Q3 2025, the company recorded revenue of $771,084 from concentrate sales, compared to no revenue in the same quarter of the previous year [12] - The net loss for Q3 2025 was $1,523,898, similar to the loss of $1,550,267 in Q3 2024, while the nine-month net loss improved to $3,155,443 from $4,168,928 in the same period of 2024 [13][14] - The company completed a $6.57 million financing, increasing cash to $6.63 million and net working capital to $6.30 million as of September 30, 2025 [6][15][16] Future Outlook - Kuya Silver aims to achieve stable production of 100 tonnes per day at the Bethania Silver Project, with a long-term target of 350 tonnes per day by 2026 [20] - The company is initiating a 5,000-meter underground drilling program on the Santa Elena concession to enhance geological understanding and assist with future mine planning [21]

Core Insights - U.S. stock futures are up, with Nasdaq futures increasing by approximately 300 points [1] - Palo Alto Networks Inc reported strong first-quarter results for fiscal 2026, with revenue of $2.47 billion, surpassing analyst expectations of $2.46 billion [2] - The company also raised its fiscal 2026 guidance and reported adjusted earnings of 93 cents per share, exceeding analyst estimates of 89 cents per share [2] - Despite the positive financial results, Palo Alto Networks shares fell by 4.6% to $190.90 in pre-market trading [3] Company Developments - Palo Alto Networks announced a definitive agreement to acquire Chronosphere, an AI-scalable observability platform [3] - Other companies experiencing declines in pre-market trading include WeShop Holdings Limited, which dropped 38.8% after a significant increase of 506% the previous day [5] - Vizsla Silver Corp fell 12.6% following the announcement of a $250 million convertible senior notes offering [5] - FinVolution Group and Kyverna Therapeutics Inc also reported declines of 5.6% and 5.1%, respectively, after their recent earnings results [5]

Core Insights - Honey Badger Silver Inc. has identified two new mineral zones, "Pimento" and "Inferno," at its Plata Project in Yukon, indicating significant potential for silver-gold-lead-zinc mineralization [1][2][3] Summary of 2025 Fieldwork - The 2025 fieldwork program included 1,027 soil samples and 115 rock samples, leading to the discovery of new mineral zones and significant geochemical anomalies [3] - The Inferno zone shows a large geochemical anomaly with copper sulfide-bearing quartz veins and hornfels alteration, suggesting a potential large silver-gold system [2][3][6] Details on Inferno Zone - The Inferno zone features a 2.3 km x 1 km antimony anomaly with local elevated silver and gold values, including a gold-in-soil anomaly of up to 74 ppb Au [6][9] - The area will be a priority for follow-up prospecting in 2026, with additional staking completed to secure prospective ground [6][12] Details on Pimento Zone - The Pimento zone, located approximately 2.3 km northwest of the Ajo zone, has rock samples showing grades of up to 0.15 g/t gold, 44.3 g/t silver, 0.14% lead, and 0.39% zinc [10][15] - This area has not been previously documented, representing a new mineralization zone for the company [10] Next Steps - The company plans to review new assay data and historical samples over the winter to prepare for follow-up fieldwork and drilling in 2026 [12] Background on Plata Project - The Plata Project is located in the Tombstone Gold Belt and has a history of high-grade silver production, with past mining yielding approximately 290,000 ounces of silver [13] - The project is being explored as part of a larger mineralized system, with potential for both silver and gold deposits [13]

Core Viewpoint - Aya Gold & Silver Inc. has commenced commercial production from a historical flotation stockpile of precious metal-rich pyrite concentrate at its Boumadine mining license, aiming to reduce environmental impact and generate positive cash flow for the project [1][4]. Project Highlights - The historical stockpile was created during lead and zinc flotation operations in the late 1980s and early 1990s, with approximately 260 thousand tonnes of ore mined, resulting in recoverable grades of 2.30 g/t for gold and 144 g/t for silver [5][8]. - The project anticipates producing an estimated 2.5 million silver-equivalent ounces over the next 20 to 24 months, with a monthly production rate of 10,000 tonnes [8]. Market Conditions - Favorable market conditions, including high precious metal prices and ongoing demand for sulfur, have created a viable opportunity for the commercialization of the historical flotation by-product [6]. - Multiple offtakers have shown interest, confirming market demand and commercially viable levels for the pyrite product [6]. Logistics and Operations - Aya has mobilized a team and equipment for loading and handling, with a planned logistics chain for transporting the product from the site to an inland port, then by rail to the seaport [7]. - As of the press release date, 2,500 tonnes of product have been loaded and shipped to a dry-port facility in Morocco, with the first payment from the offtaker expected by year-end [10].

Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 19, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce assay results from the first seven holes of the ongoing staged 50,000-meter drill program at Columba High Grade Silver Project, located in Chihuahua, Mexico. Drilling at the project is designed to extend and expand known mineralization on the extensive Columba vein system, which currently hosts an inferred Mineral Resource Est ...

Core Viewpoint - First Andes Silver Ltd. is launching a systematic exploration program for its 100%-owned Santas Gloria Project in Peru, aiming to evaluate and advance the property through modern exploration techniques [1][3]. Exploration Program Overview - The 2025-2026 exploration program will include a 50 km² property-wide WorldView-3 spectral mapping and interpretation initiative, focusing on 23 mapped intermediate-sulphidation epithermal veins totaling over 12 kilometers of strike [4][6]. - Phase 3 drill permitting is underway, targeting the Tembladera and San Jorge vein systems, with potential extensions to Maribel and Paquita [4][6]. Methodologies and Techniques - The exploration program will utilize high-resolution spectral alteration mineral mapping, a property-wide soil sampling program, and ground Induced Polarization (IP) geophysics to identify high-priority drill targets [4][11]. - Soil sampling will help delineate geochemical halos around sulphide-bearing veins, identifying key pathfinder elements such as Ag, Pb, Zn, As, and Sb [8][9]. Timeline and Milestones - WV-3 and soil sampling will commence in November 2025, with final products for spectral alteration mapping expected in 5-6 weeks [4][10]. - The first half of the soil sampling is set to be completed by February 2026, with analytical results anticipated in March 2026 [4][13]. Data Integration and Targeting - The integration of spectral, geological, and geochemical datasets will enable the company to refine and prioritize drill targets, marking a significant step in unlocking the discovery potential of the Santas Gloria epithermal vein field [11][14]. - A follow-up exploration program will be conducted after the integration of the WV-3 spectral and soil geochemical datasets to delineate high-priority drill targets [14]. Company Background - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru, which has never been systematically explored using modern techniques before 2024 [16].