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Aftermath Silver Files Technical Report
TMX Newsfile· 2026-01-16 20:32
Core Viewpoint - Aftermath Silver Ltd. has filed a technical report on the Berenguela silver-copper-manganese deposit in Peru, presenting a new Mineral Resource Estimate and outlining plans for further engineering work aimed at completing a preliminary feasibility study in 2026 [1][2]. Mineral Resource Estimate - The Berenguela Technical Report includes a Mineral Resource Estimate as of November 30, 2025, detailing the following classifications: - Measured: 8.49 million tonnes (Mt) with silver (Ag) grade of 101 g/t, copper (Cu) grade of 0.76%, and manganese (Mn) grade of 7.7% [4][6]. - Indicated: 43.06 Mt with Ag grade of 68.5 g/t, Cu grade of 0.33%, and Mn grade of 8.3% [4][6]. - Measured and Indicated combined: 51.55 Mt with Ag grade of 73.9 g/t, Cu grade of 0.33%, and Mn grade of 7.2% [4][6]. - Inferred: 14.33 Mt with Ag grade of 47.6 g/t, Cu grade of 0.25%, and Mn grade of 22.0% [4][6]. Economic Assumptions - The Mineral Resource estimate is based on a cut-off grade of $137.40 NSR, with the following long-term metal prices: - Silver: $29.73/oz - High-purity manganese sulphate (HPMSM): $2,592/t - Copper: $4.34/lb - Zinc: $1.21/lb [7][9]. - Metallurgical recoveries are estimated at 94% for Ag, 85% for Mn, 90% for Cu, and 85% for Zn [9]. Project Development Plans - The company is initiating advanced engineering work focused on commercializing flowsheets for the recovery of silver, copper, and zinc, as well as potential manganese products, including battery-grade manganese sulphate [2][3]. Company Overview - Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver, aiming to create shareholder value through the discovery and development of quality silver projects in stable jurisdictions [14]. The company holds a 100% interest in the Berenguela project located in southern Peru [14].
UPDATE – Endeavour Silver Provides 2026 Guidance
Globenewswire· 2026-01-16 20:16
Core Viewpoint - Endeavour Silver Corp. has announced its consolidated production and cost guidance for 2026, highlighting a significant ramp-up in production from its Terronera, Guanaceví, and Kolpa mines, alongside planned capital and exploration budgets for the year [2][3][6]. Production and Cost Guidance - Silver production is projected to be between 8.3 and 8.9 million ounces, with gold output expected to range from 46,000 to 48,000 ounces. The Kolpa mine is anticipated to produce 22,000 to 24,000 tonnes of lead, 16,000 to 18,000 tonnes of zinc, and 650 to 750 tonnes of copper, contributing to a total of 14.6 to 15.6 million silver equivalent ounces [3][4]. - Consolidated cash costs for 2026 are estimated to be between $12.00 and $13.00 per payable silver ounce, while all-in sustaining costs (AISC) are projected at $27.00 to $28.00 per ounce, net of by-product credits [5][17][18]. Mine-Specific Insights - At Terronera, plant throughput is expected to range from 1,950 to 2,050 tonnes per day, with cash costs per ounce projected to be negative due to a higher gold-to-silver production ratio [8][17]. - Guanaceví's throughput is projected at 1,000 to 1,100 tonnes per day, with cash costs expected to be between $21.00 and $22.00 per ounce [10][17]. - Kolpa's throughput is forecasted at 2,300 to 2,500 tonnes per day, with cash costs anticipated to be between $13.00 and $14.00 per ounce, benefiting from higher metal production and stronger base metal prices [11][17]. Capital Expenditures - The company plans to invest $91.0 million in sustaining capital across its mines, with significant allocations for mine development and infrastructure enhancements at Terronera and Guanaceví [22][23]. - An additional $16.7 million is earmarked for growth capital at Kolpa to support a plant expansion aimed at increasing capacity [24]. Exploration Plans - Endeavour plans to allocate $25.9 million for exploration activities in 2026, with drilling programs across its operating mines and additional projects in Chile and the USA [28]. Management Commentary - The CEO emphasized that 2026 marks a pivotal year for Endeavour as it transitions into a larger, more diverse silver producer, with a focus on delivering long-term value for stakeholders [6].
Mercado Minerals: Boots on the ground at Copalito, drilling in Q1- Richard Mills
Investorideas.com· 2026-01-16 18:33
Core Insights - Mercado Minerals is advancing its Copalito Project in Mexico, which presents a significant opportunity for silver and gold exploration with known mineralization open for expansion [3][10][15] - The company has initiated its first field program, which includes detailed mapping and a 3,000-meter drill program set to begin in Q1 2026 [16][19][40] - Mercado has secured a strategic investment from Vizsla Silver, enhancing its financial and technical capabilities [20][21] Company Overview - Mercado Minerals holds properties in the Western Mexico Silver Belt, specifically the Copalito and Zamora projects, which are well-positioned with access to infrastructure and local workforce [3][9] - The Copalito Project covers 2,820 hectares with an option to purchase over five years for a total of $3.5 million [7] - Historical drilling by Kootenay Silver has identified multiple veins, with only 60% of the veins tested to an average depth of 100 meters, indicating significant potential for further exploration [10][14] Exploration and Development Plans - The inaugural field program will focus on unexplored areas, re-sampling historical drill core, and refining geological understanding [17][18] - The company aims to demonstrate the potential of known veins at depth and along strike while exploring new areas [19][38] - Four high-priority targets have been identified: 5 Señores, El Agua, Pilar, and La Chivas, with opportunities for expansion [15][16] Market Context - The silver market is experiencing a supply deficit, with mine production falling short of demand, particularly from industrial applications [26][35] - Silver's unique production structure, where a significant portion is a byproduct of other metal mining, limits its ability to respond quickly to price changes [32][35] - The inclusion of silver in the US Geological Survey's list of critical minerals highlights its growing importance to economic and national security [28] Financial Position - Mercado Minerals recently raised approximately CAD$5.6 million through a private placement, bolstering its treasury for exploration activities [20][36] - The strategic partnership with Vizsla Silver not only provides financial backing but also technical expertise, enhancing the company's prospects for success [21][36]
Silver North Announces Upsize of Brokered LIFE Private Placement for Gross Proceeds of up to C$7.0 Million
Accessnewswire· 2026-01-16 14:25
Core Viewpoint - Silver North Resources Ltd. has increased the maximum gross proceeds of its private placement from C$5,000,000 to C$7,000,000 due to strong investor demand [1] Group 1: Offering Details - The Company will sell up to 5,000,000 units at C$0.40 per unit and up to 8,928,572 flow-through units at C$0.56 per unit [1] - Each unit consists of one common share and one-half of a common share purchase warrant, while each flow-through unit consists of one common share issued as a flow-through share and one-half of a warrant [2] - An option has been granted to Red Cloud to sell up to an additional C$1,000,000 in any combination of units and flow-through units prior to the closing of the offering [3] Group 2: Use of Proceeds - Gross proceeds from the offering will be used for exploration and related programs on the Company's Haldane and Veronica properties, as well as for working capital and general corporate purposes [4] - Proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's Haldane and GDR projects before December 31, 2027 [5] Group 3: Regulatory and Closing Information - The offering will be conducted in compliance with applicable regulatory requirements and is expected to close on or about February 5, 2026, subject to necessary approvals [6][8] - The offered securities will be available for sale to purchasers in specific Canadian provinces and will also be offered in the United States under private placement exemptions [6]
Endeavour Silver Provides 2026 Guidance
Globenewswire· 2026-01-16 11:50
Core Viewpoint - Endeavour Silver Corp. has announced its consolidated production and cost guidance for 2026, highlighting a significant ramp-up in production from its Terronera, Guanaceví, and Kolpa mines, alongside planned capital and exploration expenditures [1][5]. Production and Cost Guidance - Silver production is projected to be between 8.3 and 8.9 million ounces, with gold output expected to range from 46,000 to 48,000 ounces. The Kolpa mine is anticipated to produce 22,000 to 24,000 tonnes of lead, 16,000 to 18,000 tonnes of zinc, and 650 to 750 tonnes of copper, contributing to a total of 14.6 to 15.6 million silver equivalent ounces [2][3]. - Consolidated cash costs for 2026 are estimated to be between $12.00 and $13.00 per payable silver ounce, while all-in sustaining costs (AISC) are projected at $27.00 to $28.00 per ounce, net of by-product credits [4][15]. Mine-Specific Details - At Terronera, throughput is expected to be 1,950 to 2,050 tonnes per day, with cash costs and AISC anticipated to be below company-wide averages due to higher production and improved efficiencies [7]. - Guanaceví's throughput is projected at 1,000 to 1,100 tonnes per day, with slightly lower grades expected, leading to a slight increase in cash costs and AISC compared to 2025 [8]. - Kolpa is forecasted to achieve throughput of 2,300 to 2,500 tonnes per day, with improvements in cash costs and AISC due to higher production and stronger base metal prices [9]. Capital Expenditures - The company plans to invest $91.0 million in sustaining capital across its mines, with significant allocations for mine development and infrastructure enhancements at Terronera and Guanaceví [21][22]. - At Kolpa, $26.5 million will be invested, including $16.7 million for growth capital to support a plant expansion aimed at increasing capacity [23]. Exploration Plans - Endeavour plans to allocate $25.9 million for exploration activities across various projects, including significant drilling programs at Terronera, Guanaceví, and Kolpa [26][27].
ORVANA REPORTS Q1 FY2026 PRODUCTION AND EXPLORATION RESULTS; AND PROVIDES UPDATE ON OXIDES STOCKPILE PROJECT AT DON MARIO, BOLIVIA
Prnewswire· 2026-01-16 10:30
Core Viewpoint - Orvana Minerals Corp. reported strong operational performance in Q1 FY2026, with increased gold production and advancements in exploration projects, particularly at the Don Mario operation in Bolivia and the Taguas Project in Argentina [2][6]. Q1 FY2026 Production Highlights - Total production for Q1 FY2026 was 10,576 Gold Equivalent Ounces, comprising 9,308 gold ounces, 0.7 million copper pounds, and 31,007 silver ounces [6][8]. - Orovalle, the Spanish unit, accounted for 100% of the production during the quarter [6]. - The mill processed approximately 129,622 dry tonnes, which is 28% higher than the previous quarter [9]. - Gold production increased by 47% compared to the previous quarter, primarily due to a 28% increase in tonnes milled and a 13% increase in gold grade [9]. Exploration Updates - The exploration program at the Taguas Project is progressing as scheduled, with a geophysical survey completed over a 4 km² area of interest [6][8]. - The company plans to drill approximately 4,500 metres through April 2026, targeting areas with potential copper-gold porphyry indicators [6][8]. - Infill and brownfield drilling at El Valle Boinás totaled 3,337 metres, confirming the continuity of mineralized bands [11][12]. Oxides Stockpile Project - The Don Mario Plant expansion is advancing, with initial doré production expected to commence in February 2026, subject to the completion of ongoing performance verification activities [6][9]. - The copper circuit construction is now anticipated to be completed by mid-March 2026, following delays in material delivery [9]. - The company is enhancing desorption and smelting processes for gold and silver, expecting completion in January 2026 [6][9]. Financial Performance - Average market prices for Q1 FY2026 were $4,141.90/oz for gold, $54.71/oz for silver, and $5.03/lb for copper, reflecting significant increases compared to previous quarters [10]. - The company plans to release consolidated operational and financial highlights for Q1 FY2026 in mid-February 2026 [23].
Aftermath Silver Named to 2026 OTCQX Best 50
TMX Newsfile· 2026-01-15 22:14
Core Viewpoint - Aftermath Silver Ltd. has been recognized in the 2026 OTCQX Best 50, highlighting its strong performance on the OTCQX Best Market in 2025 [1][2]. Company Performance - The OTCQX Best 50 ranking is based on an equal weighting of one-year total return and average daily dollar volume growth from the previous calendar year [2]. - Aftermath Silver trades over 800,000 shares daily and has attracted a significant number of US-based shareholders, indicating robust market engagement [3]. Company Focus - The primary focus of Aftermath Silver is the development of its flagship Berenguela silver-copper-manganese project, which is fully owned by the company and located in the Department of Puno, Peru [5]. - A current NI 43-101 mineral resource estimate for the Berenguela project was published on December 4, 2025, with a technical report to be filed shortly [5][8]. Corporate Governance - To qualify for the OTCQX market, companies like Aftermath must meet high financial standards, adhere to best practice corporate governance, and comply with applicable securities laws [4]. Company Overview - Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver and critical metals, aiming to deliver shareholder value through the discovery, acquisition, and development of quality projects in stable jurisdictions [7]. - The company has a pipeline of projects at various stages of advancement, selected based on their growth and development potential [7].
Kuya Announces Closing of Brokered Private Placement for $25 Million
TMX Newsfile· 2026-01-15 22:11
Core Viewpoint - Kuya Silver Corporation has successfully closed a brokered private placement, raising a total of $25,500,000 through the sale of 25,500,000 units at a price of $1.00 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $1.30 until January 15, 2029 [2]. - The offering was conducted under National Instrument 45-106 and the LIFE Exemption, allowing sales to purchasers in Canada (excluding Québec) and other jurisdictions compliant with local securities laws [3]. - The securities issued will not be registered under the U.S. Securities Act and cannot be sold in the U.S. without proper registration or exemption [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, working capital, advancing the Bethania project in Peru, and exploring the Silver Kings Project in Ontario [4]. Group 3: Agents and Fees - The offering was co-led by A.G.P. Canada Investments ULC and Integrity Capital Group Inc., with agents receiving a cash fee of 6% of the gross proceeds and a structuring fee of 1% (up to $150,000) [5]. - Agents also received broker warrants equal to 6% of the total units sold, exercisable at $1.00 until January 15, 2029 [5]. Group 4: Company Overview - Kuya Silver Corporation is a Canadian-based mining company focused on silver, operating the Bethania silver mine in Peru and developing projects in mining-friendly jurisdictions [7].
First Andes Silver Identifies Multi-Kilometer Zoned Alteration Center (1.3 X 2 Km) from Worldview-3 Data, Santas Gloria Project, Peru
TMX Newsfile· 2026-01-15 13:00
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ) ("First Andes" or the "Company") today reported the identification of a kilometer-scale zoned alteration cell at its 100%-owned Santas Gloria Project ("Santas Gloria" or the "Project") in Peru, following interpretation of the new WorldView-3 ("WV-3") short-wavelength infrared ("SWIR") spectral alteration mineral mapping data ("WV-3 SWIR"). The alteration assemblage, zonation, ...
OTC Markets Group Welcomes Silver Storm Mining Ltd. to OTCQX
Globenewswire· 2026-01-15 12:00
Core Insights - Silver Storm Mining Ltd. has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market, which signifies an important milestone for the company [1][3] Company Overview - Silver Storm Mining Ltd. operates advanced-stage silver projects in Durango, Mexico, including the La Parrilla Silver Mine Complex and the San Diego Project, which is one of the largest undeveloped silver assets in Mexico [4] Market Information - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices, enhancing visibility among U.S. investors [3]