Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement financing (see news release dated January 13, 2026). The Company will issue up to 55,173,000 units of the Company (the "Units") at a price of $0.58 per Unit for aggregate gross proceeds ...

Core Insights - Pan American Silver Corp. (PAAS) reported strong performance in the first nine months of 2025, with a 4% year-over-year increase in silver production to 15.6 million ounces, supported by record silver prices [1][7] - The company completed the acquisition of a 44% stake in the Juanicipio project, a high-grade silver mine, with an expected production outlook of 14.7-16.7 million ounces for 2025 [2][7] - PAAS raised its 2025 silver production guidance to 22-25 million ounces, up from the previous estimate of 20-21 million ounces, following strong performance from the Juanicipio mine [3][7] Production and Operational Highlights - The La Colorada mine is expected to benefit from improved ventilation conditions, while El Peñon has seen gains from higher throughput due to increased silver grades [4] - Huaron reported improved performance due to higher throughput from additional development, although at lower grades, contributing to the positive outlook [4] Peer Comparison - Hecla Mining Company (HL) projected 2025 silver production of 16.2-17 million ounces, while Avino Silver & Gold Mines Ltd. (ASM) expects 2.5-2.8 million silver equivalent ounces [5] Stock Performance and Valuation - PAAS's stock has increased by 167.9% over the past year, compared to the industry's rise of 212.9% [6] - The company is currently trading at a forward price-to-earnings multiple of 15.20X, which is below the industry average of 20.12X [10] Earnings Estimates - The Zacks Consensus Estimate for PAAS's earnings for 2025 is $2.21 per share, reflecting a year-over-year increase of 179.7%, with an estimate of $3.67 for 2026, indicating a 66.1% increase [11]

Core Insights - Hecla Mining Company (HL) is experiencing strong operational performance, particularly from its Greens Creek mine, which produced 2.3 million ounces of silver and 15,600 ounces of gold in Q3 2025 [1] - The company is increasing investments in the Greens Creek project due to ongoing projects and the dry-stack tailings expansion [1] - The Lucky Friday project also shows strength, producing 1.3 million ounces of silver in Q3, supported by higher milled grades and stable operations [2] - The Keno Hill project produced 898,328 ounces of silver, reflecting a 20% sequential increase, aided by improved power reliability and higher milling rates [3] - Hecla Mining's Polaris Exploration Project has received approval to begin exploration activities in 2026, contributing to the company's growth outlook [3] Peer Performance - Pan American Silver Corp. (PAAS) produced 5.5 million ounces of silver in Q3, maintaining its production outlook for 2025 at 22-25 million ounces [4] - First Majestic Silver Corp. (AG) reported a total silver production of 1.4 million ounces from Cerro Los Gatos, with an expected annual production of 30-32 million ounces of silver equivalent [5] Price Performance and Valuation - Hecla Mining shares have increased by 71.7% over the past three months, outperforming the industry growth of 42.6% [6] - The company is trading at a forward price-to-earnings ratio of 41.91X, significantly above the industry average of 20.12X [9] - The Zacks Consensus Estimate for HL's 2025 earnings has been rising over the past 60 days, indicating positive market sentiment [10] Earnings Estimates - Current earnings estimates for HL are 0.17 for Q4 2025, 0.20 for Q1 2026, 0.42 for the current year, and 0.58 for the next year [11]

Company Overview - Endeavour Silver Corp. (NYSE:EXK) is primarily a silver mining company engaged in the acquisition, exploration, and development of mineral properties, focusing on silver and gold deposits as well as precious metals and polymetals [5]. Production Results - For the full year 2025, Endeavour Silver produced a total of 6.49 million ounces of silver and 37,164 ounces of gold. In Q4 2025, silver production was approximately 2.03 million ounces, while total gold production reached 13,785 ounces [3]. - The company achieved commercial production at the Terronera mine on October 1, 2025, contributing approximately 352,002 ounces of silver and 8,148 ounces of gold in Q4 2025 [3]. - Project Guanaceví reported a 14% increase in gold production compared to the previous year, attributed to higher throughput following the resolution of a trunnion failure in 2024 [3]. Financial Updates - H.C. Wainwright raised the price target for Endeavour Silver from $11 to $14.50 on January 9, maintaining a Buy rating, citing the company's production results as a reason for the increase [1]. - Alliance Global Partners also increased its price target for EXK from $7.75 to $11 on the same day, reiterating a Buy rating, with the rise in silver and gold prices seen as a catalyst for the upgrade [2]. Future Plans - In 2026, the company plans to sell the Bolañitos mine for $30 million, which includes receiving $10 million in Guanajuato Silver shares and contingent consideration based on production milestones at the Bolañitos mine [4]. - The Kolpa mine's production was in line with expectations, with a throughput of approximately 198,930 tonnes, and an ongoing expansion is expected to be completed in the first quarter of 2026 [4].

Core Insights - The Sprott Silver Miners & Physical Silver ETF (SLVR) has achieved significant growth in its first year, with over $730 million in assets under management [1] - The fund has attracted approximately $450 million in inflows, indicating strong investor interest and confidence in silver mining and physical silver investments [1] Fund Performance - The SLVR ETF has demonstrated robust performance, reflecting the increasing demand for silver as an investment vehicle [1] - The substantial inflows suggest a positive market sentiment towards silver mining companies and physical silver assets [1]

Core Viewpoint - Silverco Mining Ltd. has filed an independent technical report for the Cusi Ag-Au-Pb-Zn Project in Mexico, detailing the mineral resource estimate as of October 20, 2025, with no material differences from previous disclosures [1][2]. Mineral Resource Estimate - The Cusi Project's underground mineral resource estimate includes: - Combined Measured and Indicated Resources: 4.89 million tonnes (Mt) grading 206 grams per tonne (g/t) silver, 0.15 g/t gold, 0.73% lead, and 0.86% zinc, equivalent to 262 g/t AgEq [5]. - Measured Resources: 0.69 Mt with 6.1 million ounces (Moz) of silver, 1.8 thousand ounces (koz) of gold, 5.6 million pounds (Mlbs) of lead, and 6.3 Mlbs of zinc [3][5]. - Indicated Resources: 4.21 Mt with 26.3 Moz of silver, 22.2 koz of gold, 72.7 Mlbs of lead, and 86.5 Mlbs of zinc [5]. - Inferred Resources: 4.07 Mt grading 172 g/t silver, 0.17 g/t gold, 0.89% lead, and 1.20% zinc, totaling 31.7 Moz of AgEq [5]. Technical Report Details - The technical report was prepared by SGS Geological Services and is available on SEDAR+ and the company's website [2]. - The report was peer-reviewed and classified according to the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves [6]. Project Background - The Cusi Project spans 11,665 hectares and is located in the Sierra Madre Occidental gold-silver belt, featuring existing infrastructure such as a 1,200 ton per day mill [9][10]. - The property has a history of production and hosts multiple significant exploration targets [11].

Core Viewpoint - Silver prices have reached an all-time high of $91.564 per ounce, driven by steady U.S. inflation and geopolitical instability, raising concerns about a potential market bubble reminiscent of the 1980 crash [1][2][5]. Group 1: Price Movement and Market Drivers - Silver spot prices surged to $91.564, with a daily increase of 3.84% to $90.2635, trading within a resistance zone of $90.15–$92.40 [2]. - The rally is attributed to a "perfect storm" of supportive macroeconomic data and increased safe-haven demand due to global uncertainties, including civil unrest in Iran [2][3]. - Softer-than-expected U.S. inflation data, with Core CPI steady at 2.6% year-on-year, has led to expectations of Federal Reserve rate cuts in 2026, further supporting silver prices [3]. Group 2: Historical Context and Caution - Historical comparisons indicate caution, as silver prices have tripled over the past year, marking the most aggressive year-over-year gain since early 1980 [4]. - The 1980 rally ended in a significant market crash, with prices collapsing over 50% in a single session on "Silver Thursday" and losing 90% of their value by 1982, raising fears of a similar overheating in the current market [5]. Group 3: Technical Analysis - Key technical levels for silver include immediate support between $86.10 and $84.75, with a critical ceiling at $92.40 that traders are monitoring [6]. Group 4: Investment Opportunities - Performance of silver and silver mining-linked ETFs over various time frames shows significant gains, with notable examples including: - iShares Silver Trust (NYSE:SLV): 126.97% over 6 months, 188.97% over one year - abrdn Physical Silver Shares ETF (NYSE:SIVR): 127.10% over 6 months, 189.45% over one year - Global X Silver Miners ETF (NYSE:SIL): 87.32% over 6 months, 187.55% over one year - Amplify Junior Silver Miners ETF (NYSE:SILJ): 105.24% over 6 months, 204.74% over one year [7].

Core Viewpoint - Silver prices have surged significantly, with spot silver crossing the $90-an-ounce mark for the first time, reflecting strong industrial demand and market volatility [1][2]. Silver Price Movement - Spot silver prices have increased by 27% year-to-date, outperforming gold with a 150% annual gain last year [1][2]. - As of the latest trading, spot silver was priced at $90.55 per ounce, while silver futures for March delivery were at $90.40 [1][2]. Company Performance - U.S.-listed shares of silver mining companies saw notable gains, with Hecla Mining up 3.4%, Endeavour Silver up 3.3%, and First Majestic Silver up 3.2% [3]. - Other companies like Coeur Mining, Silvercorp Metals, and Teck Resources also reported increases in their stock prices, ranging from 2.3% to 2.9% [3]. ETF Performance - Silver-related exchange-traded funds (ETFs) experienced significant rallies, with the Abrdn Physical Silver Shares ETF rising by 4%, the iShares Silver Trust fund increasing by 4.2%, and ProShares' Ultra Silver ETF surging by 8.2% [4]. Investment Insights - BlackRock has shifted its investment strategy towards silver-related equities, indicating a positive long-term outlook for silver, particularly as it is viewed more as an industrial metal than gold [5][6]. - The company anticipates that returns in 2026 will depend on how mining companies manage increased cash flows, emphasizing the importance of disciplined capital allocation [7].

Core Viewpoint - MetalSource Mining Inc. has expanded its Silver Hill exploration land package by adding two strategically located properties totaling approximately 97.6 acres, enhancing its exploration capabilities in a historically significant mining area [1][5]. Group 1: Land Expansion Details - The newly added properties include the Hinkle Lands (85.5 acres) and the Adkins Tract (12.07 acres), which are strategically positioned along mineralized trends [4]. - The total area of the Silver Hill Project now encompasses 512.21 acres, with both new properties held under five-year Exploration Licenses with an option to purchase, renewable annually [3][5]. Group 2: Project Significance - The Silver Hill project is located in Davidson County, North Carolina, recognized as America's first silver mine, and is situated on private land in a mining-friendly jurisdiction [5][6]. - The project utilizes modern exploration techniques, including diamond drilling and geophysical surveys, to advance its development [5][6]. Group 3: Geological Insights - The property is underlain by volcaniclastic and volcano-sedimentary rocks of Neoproterozoic and Cambrian age, suggesting a geological connection to the Avalon Terrane [6]. - Historical data indicates mineralization extends to 550 meters from the surface, with recent surface sampling yielding significant results, including 444g/t Ag, 17.7 g/t Au, 8.61% Pb, and 0.507% Zn [6].

Core Insights - The focus is on investing in turnarounds within the natural resource industries, emphasizing a holding period of 2-4 years for investments [1] - The portfolio has achieved a compounded annual growth rate of 37% over the last 7 years, indicating strong performance [1] Investment Strategy - The investment strategy prioritizes value, providing downside protection while allowing for significant upside potential [1] - The current emphasis is on silver mining stocks, which are viewed as having a compelling risk-reward profile [3] Market Conditions - The investment group is targeting companies with quality characteristics that are trading at depressed valuations, which is particularly relevant given current monetary and fiscal policies, underinvestment, and attractive valuations in the natural resource sector [3]