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].

Core Viewpoint - Defiance Silver Corp. has successfully completed a trench sampling campaign at its San Acacio property in Zacatecas, Mexico, revealing high-grade mineralization that will support an upcoming mineral resource estimate [1][2][25]. Trenching Program Overview - The trenching program covered approximately 2.1 km of the Veta Grande vein system, with 1.1 km of trenching completed, returning grades up to 5180 g/t Ag and 4.85 g/t Au [2][8]. - A total of 76 trenches were excavated in the Almaden-Carolina pits, with most samples returning values over 60 g/t Ag, and trench CHSA-24-32 returning 3.25m grading 354.6 g/t Ag, 4.16 g/t Au, 4.16% Pb, and 0.52% Zn [6][13]. - In the Esperanza-Guadalupe pits, 49 trenches were excavated, with trench CHSA-24-116 yielding the highest silver sample of 5180 g/t Ag over 0.60m [15]. Mineralization Insights - The Veta Grande vein system is characterized by significant silver, zinc, and lead mineralization, with evidence of multiple hydrothermal events [20][14]. - The average grade of the samples collected from the trenching program was 63.0 g/t Ag, with a maximum of 5180 g/t Ag recorded [11][12]. Sampling Summary - The trenching program involved 152 trenches sampled, totaling 1098 meters, with 1016 channel samples collected [11][12]. - The Veta Grande vein samples showed an average grade of 147.5 g/t Ag, while unconsolidated trench debris samples averaged 205.36 g/t Ag [11][14]. Company Progress and Future Outlook - The results from the trenching campaign are expected to enhance the understanding of the surface geology and mineralization, contributing to the company's mineral resource estimate [2][25]. - The high-grade results and continuity between historical open pits indicate significant exploration potential for similar targets within the company's land package in the Zacatecas district [25].

Market Overview - The year 2025 has seen significant gains in precious metals, with gold, silver, and platinum increasing by 53%, 61%, and 62% respectively [7] - Many mining companies have also experienced substantial growth, such as Newmont Mining (NEM) up about 135% and Hecla Mining (HL) up nearly 190% [10] Tax Loss Selling - The year-end "tax loss" selling season occurs in November and December, where investors sell underperforming shares to offset gains and minimize taxes [5] - Notable examples of companies facing sell-offs include Cracker Barrel Old Country Store, Inc. (CBRL) down about 48% and United Parcel Service, Inc. (UPS) down over 26% [6] Energy Sector Insights - The energy sector, particularly uranium, is viewed as undervalued despite its essential role in the global economy [17] - The U.S. produces only about 2% of its uranium, relying heavily on imports, with a significant portion expected to shift to China in the coming years [19][20] - Major uranium companies like Cameco (CCJ), Uranium Energy Corp. (UEC), and Energy Fuels (UUUU) are considered solid investments for the medium to long term [21] Oil and Gas Market Dynamics - The global oil industry is facing a significant underinvestment of at least $1 billion per day, leading to concerns about future supply [23] - Companies like ExxonMobil (XOM) and Chevron (CVX) are positioned well due to their scale, cash flow, and technical expertise [24] - The VanEck Oil Services ETF (OIH) is recommended for exposure to the oil services sector, alongside individual stocks like Schlumberger (SLB) and Halliburton (HAL) [25][26] Natural Gas Outlook - The United States Natural Gas Fund, LP (UNG) is currently trading near a five-year low, with expectations for price increases as winter approaches and demand rises [30] - Long-term trends indicate a tightening natural gas market due to rising domestic and export demand, compounded by historical underinvestment [31]

Core Points - Apollo Silver Corp. has approved the grant of 750,000 Restricted Share Units (RSUs) to certain officers and directors as part of its Omnibus Incentive Plan [1][2] - The RSUs will vest in three equal tranches over a period of 36 months, with each RSU entitling the holder to receive one common share upon vesting [2] Company Overview - Apollo Silver Corp. is advancing the second largest undeveloped primary silver project in the United States, known as the Calico Project, which contains a significant bulk minable silver deposit along with barite and zinc credits [3] - The company has also optioned the Cinco de Mayo Project in Chihuahua, Mexico, which features a major high-grade and large tonnage CRD deposit [3] - Apollo is led by an award-winning management team and is focused on a growth strategy that aligns with the scale of the opportunities available in the market [3]

Core Viewpoint - CMX Gold & Silver Corp. plans to conduct a geophysical survey in spring 2026 at its Clayton Silver Project, aiming to assess resource potential and expand exploration efforts in the area [1][2][3]. Exploration Plans - The exploration programs for 2026 and beyond will focus on evaluating the resource potential within the former mine, which has historical mineralization that remains open along strike and depth [2]. - The company intends to utilize modern geophysical techniques to better understand the underground potential compared to past methods used when the mine was operational [3]. Geophysical Survey Details - The geophysical survey will cover patented mining claims to delineate known structures and identify potential new ore bodies, utilizing a 3-D Direct Current Induced Polarization Survey (DCIP) and a Magnetotelluric Survey (MT) [4]. - The DCIP survey will target depths from approximately 650 feet (200 m) to 2,300 feet (700 m), while the MT survey will evaluate deeper potential down to at least 6,000 feet (1,830 m) [4]. Diamond Drilling Program - Following the geophysical survey, the company plans to conduct a diamond drilling program to test priority targets, which may represent extensions of historical ore bodies [5]. - The management believes there is significant potential to expand the resource base of the Clayton Silver Mine, as little exploration has been conducted on adjacent properties [5]. Market Context - The company has delayed capital spending on the project until a positive change in commodity markets was observed, now seeing systemic supply issues in global silver markets positively impacting prices in 2025 [5]. - The demand-supply deficit in the silver market has been significant, with industrial demand surging, particularly for solar panel production [5]. Marketing Awareness Program - CMX has initiated a marketing awareness program to highlight the strategic significance of the Clayton Silver Property, including social media engagement and informational meetings with high net-worth investors [6][7]. - The property encompasses approximately 1,028 acres (416 hectares) in Idaho, including the former Clayton silver-lead-zinc mine, which was developed to a depth of 1,100 feet [7]. Historical Production Insights - The Clayton Mine recorded production of approximately 7 million ounces of silver and significant amounts of lead, zinc, and copper from an estimated 2.15 million tonnes of ore mined between 1934 and 1985 [9]. - Historical drilling results indicate the potential for high-grade mineralization extending below the historic workings, confirming the area's resource potential [8].

Core Insights - The article emphasizes the importance of connecting macroeconomic context with company-level valuation to identify long-term investment opportunities [1] Group 1: Investment Philosophy - The investment philosophy focuses on a deep-value approach combined with a long-term vision, targeting underfollowed or undervalued companies where fundamentals are often overlooked [1] - Established leaders are also considered when new opportunities or structural value emerge [1] Group 2: Market Perspective - Being based in Argentina provides a unique perspective on a complex and dynamic market, allowing for in-depth coverage of local assets while also exploring broader Latin American and global trends [1]