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Cartier Silver Announces Financing
Globenewswire· 2025-09-05 11:00
Group 1 - Cartier Silver Corporation is proceeding with a non-brokered private placement for proceeds of up to $1.5 million [1][2] - The private placement will consist of up to 12,000,000 units at a price of $0.125 per unit, with each unit including one common share and one half of a common share purchase warrant [2] - Each warrant will allow the holder to purchase one common share at a price of $0.20 per share for a term of 36 months following the closing of the private placement [2] Group 2 - The net proceeds from the private placement will be used to finance exploration at the Chorrillos Project in Bolivia and for working capital purposes [3] - The private placement is subject to all required regulatory approvals, and all securities issued will be subject to a four-month hold period [3] Group 3 - Cartier Silver is focused on discovering and developing silver property assets, including the Chorrillos Project, and also holds significant iron ore resources and gold property [5]
Apollo Increases Measured and Indicated Silver Resource Estimate at Calico Project
GlobeNewswire News Room· 2025-09-04 13:32
Core Viewpoint - Apollo Silver Corp. has announced an updated independent Mineral Resource estimate for its Calico Silver Project, showing significant increases in silver, barite, and zinc resources, enhancing the project's overall value and potential for development [1][4][37]. Mineral Resource Estimate - The 2025 Mineral Resource estimate (MRE) for the Waterloo property indicates a total of 55 million tonnes (Mt) at a grade of 71 grams per tonne (g/t) silver, equating to 125 million troy ounces (Moz) of silver, representing a 61% increase in tonnage and a 14% increase in silver ounces compared to the previous estimate [1][5][6]. - The Inferred category now includes 0.51 Moz of silver in 0.6 Mt at an average grade of 26 g/t [5][37]. - The Langtry property has an Inferred resource of 57 Moz of silver in 24 Mt at an average grade of 73 g/t [5][37]. Additional Resources - The updated resource includes inaugural estimates for barite (2.7 Mt at 7.4% BaSO4) and zinc (354 million pounds at 0.45% Zn) in the Indicated category, with additional Inferred resources of 0.65 Mt BaSO4 and 258 million pounds Zn [6][37]. - Gold resources have increased by 86% in the Inferred category, totaling 0.13 Moz in 17 Mt at a grade of 0.25 g/t [6][37]. Project Development Potential - The Calico Project is noted for its low economic strip ratio of 0.8:1, indicating favorable conditions for extraction [6][8]. - The presence of additional critical minerals such as barite and zinc aligns with U.S. critical mineral lists, enhancing the project's strategic importance [4][6]. - Future exploration is expected to target further mineralization along strike and at depth, particularly for gold and silver [6][8]. Geological Context - The Calico Project is located in San Bernardino County, California, and features a mineralized strike length of approximately 6,000 meters, primarily composed of silver-dominant epithermal vein-type and stockwork-type mineralization [35][36]. - The mineralization at both the Waterloo and Langtry properties is characterized by shallow depths, which supports the potential for economic extraction [8][36]. Management Commentary - The President and CEO of Apollo Silver Corp. emphasized the increasing value, scale, and optionality of the Calico Project, highlighting the potential for further discoveries and the upcoming Preliminary Economic Assessment (PEA) [4].
Apollo Increases Measured and Indicated Silver Resource Estimate at Calico Project
Globenewswire· 2025-09-04 13:32
Core Insights - Apollo Silver Corp. announced an updated independent Mineral Resource estimate for its Calico Silver Project, revealing a 61% increase in Measured & Indicated silver tonnes to 55 million tonnes at a grade of 71 g/t, totaling 125 million troy ounces of silver, which is a 14% increase in silver ounces compared to the previous estimate [1][5][37] - The updated resource includes inaugural estimates for barite and zinc, which are now categorized as critical minerals in the US, enhancing the project's overall value and development potential [4][5][37] Mineral Resource Estimate - The 2025 Mineral Resource Estimate (MRE) for the Waterloo property includes 125 million ounces of silver in 55 million tonnes at an average grade of 71 g/t in the Measured & Indicated categories, and 0.51 million ounces of silver in 0.6 million tonnes at an average grade of 26 g/t in the Inferred category [5][37] - The Langtry property now contains 57 million ounces of silver in 24 million tonnes at an average grade of 73 g/t in the Inferred category [5][37] Additional Mineral Resources - The inaugural estimates for barite and zinc are as follows: - Indicated: 36 million tonnes at 7.4% BaSO4 and 0.45% Zn, totaling 2.7 million tonnes of BaSO4 and 354 million pounds of Zn - Inferred: 17 million tonnes at 3.9% BaSO4 and 0.71% Zn, totaling 0.65 million tonnes of BaSO4 and 258 million pounds of Zn [6][7][37] - Gold resources have increased by 86% in the Inferred category, totaling 0.13 million ounces in 17 million tonnes at a grade of 0.25 g/t [6][7] Economic Viability - The project features a low strip ratio of 0.8:1 for the Waterloo deposit, indicating favorable conditions for economic extraction [6][8] - Sensitivity analyses demonstrate the resilience of the silver resource to changes in metal prices, suggesting a robust economic outlook for the project [6][8] Future Development Plans - The company plans to conduct a Preliminary Economic Assessment (PEA) to further evaluate the project's potential, with a focus on the newly identified critical minerals [4][5] - There is strong potential for further discoveries at Calico, particularly in areas that remain untested under Quaternary cover and along strike [6][8]
Dolly Varden Silver Wolf Vein is Now a Priority as Silver Price Hits 14 Year High
Thenewswire· 2025-09-04 12:30
Core Viewpoint - Dolly Varden Silver has reported significant high-grade silver results from its Wolf Vein drilling, indicating strong mineralization and continuity, which may enhance the company's growth potential in the silver and gold markets [1][3][11]. Company Developments - Dolly Varden Silver announced a silver intersection of 1,422 g/t over 21.70 meters in drill hole DV25-446, with a peak of 10,700 g/t over 1.00 meter [1][2]. - The company has expanded its land package significantly, increasing from 7,000 hectares to 100,000 hectares, and its market capitalization has surged from $20 million to $460 million [13]. - The ongoing drilling campaign is estimated at 55,000 meters, with actual new core expected to be around 41,000 meters due to the use of directional drilling technology [8][9]. Exploration and Drilling Technology - Directional drilling technology is being utilized to enhance efficiency and precision in targeting mineralized areas at both the Wolf and Homestake Silver sites [7][9]. - The company has successfully implemented real-time data logging and communication through satellite internet, improving operational efficiency [5]. Market Context - The rising gold prices are positively impacting Dolly Varden's inventory value, with a current estimated 50/50 split between silver and gold [10][11]. - The silver price has recently surpassed USD 40 per troy ounce, influenced by the increase in gold prices, which may further benefit the company's valuation [11]. Future Outlook - Additional drilling at the Wolf Vein is prioritized for the remainder of the season, with expectations of continued high-grade results [3][14]. - The company is focusing on step-out and infill drilling at key projects, including the Kitsault Valley and Big Bulk Projects, with more results anticipated [14].
Silver Elephant Starts Trucking and Toll Milling of Silver Materials from Apuradita Paca in Bolivia
Newsfile· 2025-09-04 12:00
Core Viewpoint - Silver Elephant Mining Corp. has commenced trucking and toll milling of silver-mineralized material from its Apuradita Paca Project in Bolivia, with significant production and exploration potential ahead [1][2]. Group 1: Production and Processing - Trucking of silver-mineralized material began on August 29, 2025, with a processing plant capable of handling 400 tonnes per day located 180 kilometers away [1]. - The company maintains a near-term monthly production forecast of 1,000 to 2,000 tonnes of silver-bearing mineralized material, projecting to toll-mill approximately 10,000 tonnes in the initial campaign [2]. - There are approximately 855 tonnes of stockpiled materials available for toll milling, alongside fresh mineralized materials from ongoing mine production [1]. Group 2: Exploration and Resource Potential - During tunnel development in 2025, high-grade silver-bearing stockwork veinlet systems were discovered, with channel sampling revealing a 10-meter-wide highly mineralized interval not included in the current resource model [3]. - The company plans to explore these priority targets further, indicating potential for resource expansion [3]. - The average grade of extracted and sorted sulphide materials is calculated at 412 g/t Ag, 1.09% Pb, and 0.38% Zn based on diamond drill holes [4]. Group 3: High-Grade Intercepts - Several high-grade intercepts within the Apuradita mineralized zone have been reported, with notable examples including: - Hole PND004: 11 meters at 481 g/t Ag - Hole PND008: 16 meters at 507 g/t Ag - Hole PND023: 32 meters at 437 g/t Ag [5]. Group 4: Community and Corporate Information - The company expresses gratitude for the continued support from local communities [8]. - Silver Elephant is a mineral exploration company focused on gold and silver projects in Bolivia, with further information available on their website [10].
IMPACT Silver Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13.0 Million
Newsfile· 2025-09-03 15:58
Core Viewpoint - IMPACT Silver Corp. has announced an increase in its bought deal private placement from approximately C$8 million to C$13 million due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 36,111,112 units priced at C$0.36 per unit, each unit comprising one common share and one warrant [1][2] - Each warrant allows the holder to purchase one common share at a price of C$0.45 within 24 months after the closing date [2] - An over-allotment option allows underwriters to purchase an additional 8,333,334 units for gross proceeds of up to approximately C$3 million [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing underground development and infrastructure at the Guadalupe mine, increasing processing plant throughput, expanding mining operations at the Plomosas mine, and general working capital [7] Group 3: Regulatory and Closing Information - The offering is set to close on September 17, 2025, subject to necessary approvals, including from the TSX Venture Exchange [9] - The units will be offered to purchasers in all Canadian provinces except Québec and may also be sold in offshore jurisdictions [5]
IMPACT Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$8.0 Million
Newsfile· 2025-09-02 22:34
Core Viewpoint - IMPACT Silver Corp. has announced a bought deal private placement to raise approximately C$8 million through the sale of 22,222,222 units at C$0.36 per unit, with each unit consisting of one common share and one warrant [1][2]. Group 1: Offering Details - The offering price is set at C$0.36 per unit, with gross proceeds expected to be around C$8 million [1]. - Each warrant allows the holder to purchase one common share at C$0.45 within 24 months after the closing date [2]. - An over-allotment option allows underwriters to purchase an additional 5,555,556 units for up to C$2 million in gross proceeds [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing underground development and infrastructure at the Guadalupe mine, increasing processing plant throughput, and expanding mining operations at the Plomosas mine [7]. - Additional funds will be allocated for general working capital and corporate purposes [7]. Group 3: Regulatory and Closing Information - The offering is subject to regulatory compliance and is scheduled to close on September 17, 2025, pending necessary approvals [9]. - Units will be offered to purchasers in all Canadian provinces except Québec and may also be sold in offshore jurisdictions [5].
Silver One Closes Oversubscribed Financing of $6.04 Million
Newsfile· 2025-09-02 22:02
Vancouver, BC--(Newsfile Corp. - September 2, 2025) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has closed its oversubscribed and previously announced non-brokered private placement financing (see news release dated August 18, 2025 and August 26, 2025) by issuing 21,587,713 units of the Company (the "Units") at a price of $0.28 per Unit for aggregate gross proceeds of $6,044,559.64 (the "Offering"). Each Unit is comprised ...
Honey Badger Unlocking Value on the Ground at Nanisivik
Newsfile· 2025-09-02 11:00
Core Viewpoint - Honey Badger Silver Inc. is advancing its exploration efforts at the Nanisivik Project in Nunavut, having identified new occurrences of massive zinc-lead sulphide mineralization and demonstrating significant potential for critical minerals and silver production [1][2]. Exploration Program - The company has completed orientation geophysical surveys on two of three high-priority targets, with significant findings in the form of new mineralization at the surface [1][5]. - Historical drilling data has revealed several significant silver and zinc intercepts in three priority target areas: Deb, Ocean View North, and Area 14 [3][4]. Target Areas - **Deb Target**: Located approximately 3 km southwest of the main orebody, significant intersections include 1.3m of 54.9 g/t Ag and 5.74% Zn, 0.7m of 263 g/t Ag and 34.6% Zn, and 0.6m of 290 g/t Ag and 43.0% Zn [8][15]. - **Ocean View North Target**: Approximately 1.7 km east-northeast of the main orebody, significant intersections include 5.3m of 97.6 g/t Ag and 22.79% Zn, and 1.3m of 116 g/t Ag and 20.3% Zn [9][10]. - **Area 14**: Located about 1.8 km southeast of the main orebody, significant intersections include 2.3m of 280.0 g/t Ag and 27.43% Zn, and 3.0m of 143.3 g/t Ag and 26.16% Zn [11][15]. Geological Characteristics - The exploration work has involved ground geophysics to map subsurface sulphides, reconnaissance prospecting, and sampling of known massive sulphide outcrops [5][6]. - The identified mineralization in Area 14 has been mapped over an area of approximately 300 meters by 30 meters, with ongoing efforts to delineate its full extent [7]. Historical Context - The Nanisivik Mine produced over 20 million ounces of silver from 1976 to 2002, with significant remaining massive sulphide bodies totaling about 100 million tonnes still in place [19]. - The company has increased its mineral tenure around the Nanisivik Mine by staking an additional 10 claims totaling 7650.4 hectares, covering geophysical anomalies identified in historical data [17].
Apollo to Proceed with 5-for-1 Share Consolidation
Globenewswire· 2025-09-02 11:00
VANCOUVER, British Columbia, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that, further to the Company’s news release dated October 3, 2024, it intends to proceed with the consolidation (the “Consolidation”) of its issued and outstanding common shares (“Shares”) on the basis of five (5) pre-Consolidation Shares for every one (1) post-Consolidation Share. “Consolidation of the Company Shares should result ...