VANCOUVER, British Columbia, Sept. 25, 2025 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”) (TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0), today announced the appointment of Nick Smart as Chief Executive Officer of ValOre Metals Corp, effective October 1, 2025. Nick brings a wealth of relevant experience to ValOre, having led the design, delivery and operation of multiple complex mining capital projects globally. Nick earned a BSc. in Chemical Engineering from the University of Cape Town and gained experie ...

Group 1: Gold Market Insights - Gold prices are near record highs, with the COMEX gold December delivery contract trading at $3,790.50 per troy ounce, reflecting a 0.6% increase on the day and a rise of over 40% year-to-date in 2025 [3][5] - The recent surge in gold prices was influenced by comments from Fed Chairman Jerome Powell, who indicated a cautious approach to interest rate cuts, which temporarily affected market enthusiasm [4][5] - Central banks are maintaining a strong appetite for gold, with purchases exceeding 1,000 tonnes per year for three consecutive years, reminiscent of the 2008-09 financial crisis [6][7] Group 2: Silver Market Insights - Silver prices reached a 14-year high of $43.81 per troy ounce, marking a nearly 50% appreciation year-to-date, driven by similar market dynamics as gold [9] - The COMEX silver contract for December delivery was up 1.99% to $45.07, indicating continued upward momentum in the silver market [10] - Retail investors are increasingly turning to both physical gold and gold exchange-traded funds as safe-haven investments amid geopolitical tensions and economic uncertainties [8]

Core Insights - Goldstorm Metals Corp. has completed the Induced Polarization (IP) survey and is currently conducting the Magnetotelluric (MT) survey at its 100%-owned Crown Property, which spans approximately 16,000 hectares adjacent to significant gold-copper projects [1][5] - The company is preparing for a 1,200-meter diamond drill program at the Electrum Property, targeting high-grade gold and silver intervals based on previous drill results [3][6] - Recent prospecting and rock sampling have yielded 527 samples from the Crown Project, with results expected in three weeks, which will help in selecting drill targets for the Orion Spine [5][6] Geophysical Surveys - The IP and MT surveys aim to advance exploration at the Copernicus Zone and test geochemical anomalies along the Orion Spine [1][5] - Results from these surveys will refine the understanding of mineralized zones and assist in identifying large-scale targets along the 1.4-kilometer-long Copernicus Zone and the 6-kilometer-long Orion Spine [5][6] Electrum Drill Program - The 2025 drill program at Electrum will consist of six holes, totaling approximately 1,200 meters, focusing on areas with historical high-grade gold and silver results [6][7] - Historical production from the East Gold Mine area between 1939 and 1965 yielded 3,816 ounces of gold and 2,442 ounces of silver from 45 tons of ore, indicating the area's potential [6][7] Company Overview - Goldstorm Metals Corp. is positioned in the Golden Triangle of British Columbia, an area known for hosting some of the largest and highest-grade gold deposits globally [11] - The company's flagship projects, Crown and Electrum, cover a total area of 16,469 hectares across six concessions, with significant proximity to major mining operations [11]

Summary of Vizsla Royalties Conference Call Company Overview - **Company**: Vizsla Royalties (OTCPK: VROY.F) - **Business Model**: Single asset royalty company holding a precious metals NSR royalty covering Vizsla Silver's Panuco project in Mexico [1] Industry Context - **Market Conditions**: Current all-time highs in gold prices and 15-year highs in silver prices at $42 per ounce [3] - **M&A Activity**: Recent precedent transactions in the royalty space suggest significant premiums, indicating a favorable environment for royalty companies [3][12] Core Project Insights - **Panuco Project**: - Considered the highest grade undeveloped silver primary resource globally [1] - If in production, it would be the third largest silver primary mine in the world [1] - Development stage with a Preliminary Economic Assessment (PEA) published in 2024, targeting first silver production in the second half of 2027 [2] - **Resource Base**: - Over 365 million ounces of silver equivalent identified, with only 30% of known targets tested [2][5] - PEA mine plan accounts for about 10% of known veins [2] - **Financial Position**: - Vizsla Silver has over $200 million in cash, no debt, and a project finance mandate for an additional $200 million [5] - Low capital expenditure (CapEx) hurdle of $224 million [5] Production and Exploration Potential - **Production Profile**: - PEA production profile indicates over 20 million ounces per annum in initial years [6] - Anticipated increase in resource estimates from 156 million ounces in the PEA to 222 million ounces in the upcoming feasibility study, representing a 43% increase at a 5% higher grade [6] - **Exploration Upside**: - Significant exploration potential exists as all 11 resource structures are open in every direction [8] - Recent discoveries, such as at Animas, support the potential for additional high-grade mineralization [9] Strategic Advantages - **Royalty Structure**: - Holds a 3.5% net smelter return (NSR) royalty and an additional 2% NSR on exploration concessions [3] - Right of first refusal on any additional royalties created by Vizsla Silver within 24 months [4] - **Non-Dilutive Growth**: - The royalty model allows for growth without the need for further capital outlay or dilution for shareholders [10] Valuation and Market Position - **Valuation Metrics**: - Current trading at approximately 1.1 times NAV, compared to acquisition multiples averaging around 1.6 times for similar companies [12] - Potential for re-rating as the project progresses and de-risks [12] - **Peer Comparison**: - Major royalty players trade at significant premiums, suggesting potential for Vizsla Royalties to be valued higher as the project advances [11] Conclusion - **Investment Thesis**: - Vizsla Royalties presents a compelling investment opportunity due to its high-quality asset, favorable market conditions, and significant exploration upside [13] - **Future Outlook**: - Anticipated milestones include the imminent feasibility study and expected permitting approvals, positioning the company for growth as it approaches production [10]

Group 1 - The company, Rio Silver Inc., has announced an increase in its non-brokered private placement offering from 13,000,000 units to 22,000,000 units at a price of $0.10 per unit, raising gross proceeds to $2,200,000 [1][2] - The additional net proceeds from the offering will be allocated for exploration and development of the Maria Norte Au-Ag-Pb-Zn project in Peru, the existing Gerow Lake project in Northern Ontario, and for general working capital purposes [2] - The closing of the offering is subject to necessary regulatory approvals, including approval from the TSX Venture Exchange [2]

Core Insights - Avino Silver & Gold Mines (NYSE: ASM) is identified as a company that has potential for growth and may be overlooked by the market [1] Company Analysis - The company is positioned as a value investment with solid long-term potential, appealing to individual investors seeking growth opportunities [1] Market Timing - The timing for investment in Avino Silver & Gold Mines is suggested to be favorable, indicating a potential opportunity for investors [1]

Core Viewpoint - Pinnacle Silver and Gold Corp. has identified a robust low sulphidation epithermal system at the Potrero project in Durango, Mexico, with significant gold-silver mineralization extending from underground to surface, particularly at the El Capulin vein, which is approximately 200 meters southwest of the Dos de Mayo vein [1][2][3]. Group 1: Mineralization and Sampling Results - Surface mapping and sampling have revealed high-grade gold-silver mineralization over a vertical distance of up to 80 meters, with notable grades of 2,280 g/t Ag and 1,444 g/t Ag at surface [2][3]. - The El Capulin vein has been traced for approximately 375 meters along strike, with grades reaching up to 6.27 g/t Au and 99 g/t Ag, indicating strong continuity of mineralization [3][6]. - The vertical extension of mineralization suggests potential for further discoveries, with mineralization possibly extending downwards to the 1500 masl level seen at Dos de Mayo [6][7]. Group 2: Project Potential and Infrastructure - The Potrero project is located in the Sierra Madre Occidental, near several operating mines, enhancing its strategic value [15][16]. - The property has significant exploration potential as it has not been systematically explored by modern methods for nearly 40 years [16]. - A previously operational 100 tpd plant on site can be refurbished for near-term production, with existing infrastructure such as road access and power lines within proximity [17][18]. Group 3: Company Strategy and Ownership - Pinnacle aims to earn an initial 50% interest in the project upon commencing production, with plans to generate cash flow for further development and increase ownership to 100% [18][20]. - The company is focused on developing precious metals projects in the Americas, with a commitment to building long-term, sustainable value for shareholders [20].

Core Viewpoint - First Mining Gold Corp. has announced positive drilling results from its 2025 drilling program at the Duparquet Gold Project, indicating strong potential for resource growth, particularly at the Miroir target, with multiple high-grade gold intercepts reported [1][3][8]. Drilling Results - The company has completed approximately 16,000 meters of drilling in 2025, focusing on advancing resource growth targets [1][8]. - At the Miroir target, significant intercepts include drill hole DUP25-064, which returned 3.23 g/t Au over 25.9 meters, and drill hole DUP25-066, which returned 1.37 g/t Au over 30.6 meters [2][4][10]. - The Miroir target has been extended to a vertical depth of 100 meters below the surface, with ongoing drilling indicating continuity of higher-grade mineralization [2][11]. Geological Insights - The Miroir target is interpreted as a folded structure, with mineralization associated with brecciated and altered mafic volcanic host lithologies [3][12]. - The recent drilling results continue to confirm and expand the understanding of the geological model, highlighting multiple near-surface gold zones [9][12]. Project Overview - The Duparquet Project is located in the Abitibi region of Quebec and currently hosts an NI 43-101 compliant gold resource of 3.44 million ounces in the Measured & Indicated category, grading 1.55 g/t Au, and an additional 2.64 million ounces in the Inferred category, grading 1.62 g/t Au [14][15]. - The project spans approximately 5,800 hectares along a 19 km strike length, benefiting from proximity to existing infrastructure [14][15]. Future Exploration Plans - First Mining plans to continue drilling at the Miroir target and other key areas, including CVD, Aiguille, North Zone, South Zone, and Minuit Zone, to further enhance the understanding of mineralization controls [8][9].

Core Points - Zacatecas Silver Corp. has closed the first tranche of its private placement financing, issuing 38,449,335 units at $0.06 per unit, resulting in gross proceeds of $2,306,960 [1] - The company plans to complete the final tranche by September 29, 2025 [1] Financing Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the share price reaches $0.20 for 20 consecutive trading days [2] - Finders fees of $113,297.19 were paid, and 1,888,286 non-transferable finders share purchase warrants were issued [3] Use of Proceeds - Proceeds from the offering will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [4] Related Party Transaction - A holding corporation of the CEO subscribed for 500,000 units for $30,000, which is considered a related party transaction [5] Company Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project, both located in Mexico [6] - The Esperanza project has a measured and indicated mineral resource estimate of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq [7] - The Zacatecas Silver Project is located in the Fresnillo silver belt, with a mineral resource estimate of 2.7 million tonnes at 187 g/t AgEq, totaling 16.4 million ounces AgEq [8]

Core Points - Zacatecas Silver Corp. has closed the first tranche of its private placement financing, issuing 38,449,335 units at $0.06 per unit, resulting in gross proceeds of $2,306,960 [1] - The company plans to complete the final tranche by September 29, 2025 [1] Financing Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the share price exceeds $0.20 for 20 consecutive trading days [2] - Finders fees of $113,297.19 were paid, and 1,888,286 non-transferable finders share purchase warrants were issued [3] Use of Proceeds - Proceeds from the offering will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [4] Related Party Transaction - A holding corporation of the CEO subscribed for 500,000 units for $30,000, which is considered a related party transaction [5] Company Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project, both located in Mexico [6] - The Esperanza project has a measured and indicated mineral resource estimate of 30.5 million tonnes at 0.97 g/t AuEq, totaling 956 thousand ounces AuEq [7] - The Zacatecas Silver Project is located in the Fresnillo silver belt, with a mineral resource estimate of 2.7 million tonnes at 187 g/t AgEq, totaling 16.4 million ounces AgEq [8]