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Apollo Silver Meets Top County Leaders at San Bernardino County Forum
Globenewswire· 2025-10-06 11:00
Core Insights - Apollo Silver Corp. participated in an industry luncheon with San Bernardino County officials, emphasizing the importance of mining for economic growth and innovation in the region [1][2][3] Industry Overview - San Bernardino County is California's largest mining jurisdiction with over 90 active mine sites, contributing significantly to the state and national supply of silver and critical minerals [2] - The County has permitted US$60 billion in mineral reserves over the past 15 years, showcasing strong support for responsible mineral development [2] Company Developments - Apollo Silver is advancing the Calico Project, which is one of the largest undeveloped primary silver projects in the U.S., located near Barstow, California [3][4] - The Calico Project has historical significance, having generated over US$2 billion in today's dollars from silver and borax, and is strategically positioned due to its critical minerals, including silver, barite, and zinc [3] - The project is primarily situated on private land with vested mining rights, which may facilitate its development [3] Strategic Positioning - The presence of critical minerals at the Calico Project enhances its strategic position in the permitting process, aligning with the U.S. draft 2025 Critical Minerals List [3] - Apollo Silver also holds an option on the Cinco de Mayo Project in Mexico, which features a high-grade carbonate replacement deposit [4]
Could First Majestic Silver's $12 Stock Be a Backdoor AI Play?
The Motley Fool· 2025-10-04 14:10
Core Viewpoint - The silver mining company First Majestic Silver is positioned to benefit from the growing demand for silver driven by the artificial intelligence (AI) revolution, regardless of which tech company leads the AI race [1][2]. Industry Insights - The AI revolution is projected to significantly increase energy consumption, with AI data centers potentially using as much electricity as Japan by 2030 [3]. - The shift towards clean energy to meet AI's energy demands is expected to boost silver prices, as nuclear reactors require 56,000 ounces of silver each, solar panels need about 0.64 ounces, and electric vehicles require approximately 1.3 ounces of silver [5]. - Silver prices have surged 60% year-to-date, with experts predicting a supply crunch that could drive prices even higher [6]. Company Performance - First Majestic Silver reported its "best quarter ever," with a 76% increase in silver production year-over-year and a 94% increase in revenue [7]. - The company has a record cash flow of $115 million and total cash of $510 million, resulting in a low debt-to-equity ratio of 8.08%, which is favorable compared to competitors [8]. - First Majestic has significant silver and gold reserves, including over 30 million ounces of silver and 364,000 ounces of gold at its San Dimas mine, with low extraction costs of $21.06 per ounce [9]. Strategic Initiatives - The company is increasing its exploration efforts, planning to drill 255,000 meters in 2025, up from 182,909 meters drilled last year [10]. - With 55% of its revenue coming from silver, First Majestic offers a compelling opportunity for investors looking to capitalize on the silver boom [11]. Valuation Considerations - First Majestic shares have increased over 120% year-to-date, raising questions about future growth potential, with a price-to-sales ratio of 5.7 and a forward price-to-earnings ratio of 45.3 [12]. - The company's strong cash position allows for potential strategic acquisitions, which could enhance its mining operations and production capacity [13]. Investment Opportunity - For investors seeking exposure outside of the tech sector to the global AI revolution or looking to benefit from the ongoing silver boom, First Majestic Silver presents a viable investment option [14].
Apollo Silver Announces Upsize of Private Placement Offering
Globenewswire· 2025-10-03 20:56
Core Viewpoint - Apollo Silver Corp. has announced an increase in its non-brokered private placement offering due to strong investor demand, now offering up to 7,437,680 units at a price of $3.60 per unit, aiming for gross proceeds of up to $26,775,648 [1][2] Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of $5.50 for 24 months from the closing date [2] - The warrants include an acceleration provision, allowing the company to expedite their expiry if the share price exceeds $7.50 for ten consecutive trading days [2] - All securities issued will be subject to a four-month hold period from the closing date, and finder’s fees may apply [2] Use of Proceeds - The net proceeds from the offering will be used to advance the Calico Silver Project in California, support community relations at the Cinco de Mayo Silver Project in Mexico, cover ongoing property maintenance costs, and for general corporate purposes [2] Insider Participation - The offering will include participation from certain insiders, qualifying as a related party transaction, exempt from formal valuation and minority shareholder approval requirements [4] Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico project, which has a significant silver deposit and barite credits [6] - The company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit [6]
Outcrop Silver Announces Closing of $23 Million Public Offering, Including Full Exercise of the Over-Allotment Option, Led by Investment from Jupiter Asset Management and Eric Sprott
Globenewswire· 2025-10-03 13:14
Core Points - Outcrop Silver & Gold Corporation has successfully closed a public offering of 65,780,000 units at a price of $0.35 per unit, raising approximately $23.02 million [1][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.55 for 24 months [2] - The net proceeds will be allocated for exploration and drilling at the Santa Ana project and for general working capital [3] Offering Details - The offering was led by BMO Capital Markets and Research Capital Corporation, with a total cash commission of 6.0% on gross proceeds, amounting to $1,381,380 [3] - Jupiter Asset Management acquired 42,857,142 units for a total of $15 million, while Eric Sprott acquired 14,285,716 units for $5 million [4] Company Overview - Outcrop Silver is focused on advancing its flagship Santa Ana high-grade silver project in Colombia, emphasizing responsible mining practices and community engagement [7][8] - The company aims to expand its mineral resources through strategic exploration initiatives, leveraging a seasoned team with extensive regional experience [8]
OTC Markets Group Welcomes Alaska Silver Corp. to OTCQX
Globenewswire· 2025-10-02 11:00
Core Insights - Alaska Silver Corp. has qualified to trade on the OTCQX Best Market, marking a significant milestone for the company as it aims to enhance trading liquidity and attract U.S. investors [1][4]. Company Overview - Alaska Silver Corp. is a pioneer in North America's next major silver and critical minerals district, specifically at the Illinois Creek Project, which spans 73,535 acres (approximately 115 square miles or 29,758 hectares) [5]. - The Illinois Creek Project features a mineral corridor of 8 kilometers, hosting two stand-alone deposits and a new Warm Springs discovery zone [5]. Market Context - The upgrade to the OTCQX Market allows companies to provide transparent trading for U.S. investors, utilizing home market reporting to meet U.S. information availability standards [3]. - Companies must adhere to high financial standards, best practice corporate governance, and compliance with applicable securities laws to qualify for OTCQX [3]. Trading Information - Alaska Silver Corp. began trading on OTCQX under the symbol "WAMFF," with financial disclosures and real-time quotes available on the OTC Markets website [2].
Regency Silver Commences Drill Program at Dios Padre Project in Sonora, Mexico
Accessnewswire· 2025-10-02 08:00
VANCOUVER, BC / ACCESS Newswire / October 2, 2025 / Regency Silver Corp. ("Regency Silver" or the "Company",TSXV:RSMX and OTCQB:RSMXF) is pleased to announce the commencement of the drill program at its flagship Dios Padre project in Sonora, Mexico. The Company plans to drill approximately 4500 metres in 6 to 8 holes, focused on targeting along-strike extensions of high-grade mineralization previously intercepted at the Dios Padre project including: 38.0 metres of 7.36 g/t gold in hole REG 23-21; 36.0 metre ...
James Bay Minerals to Acquire and Re-Develop Historical High-Grade Shafter Silver Project
Small Caps· 2025-10-02 02:50
Core Viewpoint - James Bay Minerals has signed a binding agreement to acquire the Shafter silver project in Texas, which is expected to significantly enhance its position in the North American silver market [1][3]. Acquisition Details - The Shafter project includes an estimated $150 million in established mine and processing infrastructure, featuring 160 kilometers of underground workings and four production shafts [1]. - The project has a foreign mineral resource estimate of 1.88 million tonnes grading 289 grams per tonne silver, totaling 17.57 million ounces [2]. Strategic Positioning - The acquisition is expected to transform James Bay into a significant silver player in North America, complementing its existing Independence gold project in Nevada [3]. - The company plans to rebrand as Black Bear Minerals upon completion of the acquisition, with Dennis Lindgren, a former Alcoa executive, appointed as CEO to lead growth initiatives [4]. Exploration Potential - Historical exploration data indicates significant exploration upside exists outside the current mineralized footprint, with plans for staged exploration in the northeast extensions of the Shafter mineralization [8]. - The ability to bring Shafter back into production will depend on exploration outcomes and market conditions [9]. Financial Aspects - James Bay has secured commitments for a $30 million capital raising to fund the acquisition, structured in three tranches totaling $18 million [10]. - The company will issue 46.15 million shares at $0.65 each, representing a 15.6% discount to the last traded price [11].
Silver Miners Set For Strong Gains As Key Ratio Breaks 9-Year Downtrend
Benzinga· 2025-10-01 14:59
Core Insights - Silver miners have underperformed relative to silver itself for nearly a decade, with the SILJ/Silver ratio showing a consistent pattern of lower highs and lower lows from 2016 to 2025 [2][6] - A significant breakout occurred in September 2025, breaking a 9-year downtrend in the SILJ/Silver ratio, indicating a potential structural shift in the market [4][7] - The current market conditions, including rising industrial demand for silver and a weakening U.S. dollar, support the bullish outlook for silver miners [8][22] Technical Analysis - The SILJ/Silver ratio has decisively broken above its 9-year downtrend, marking a critical technical development [4][20] - A golden cross has appeared, where the 26-week simple moving average crosses above the 104-week simple moving average, signaling a transition from a bear cycle to a new bull phase [9][10] - The ratio currently rests at approximately 0.50, a key psychological level, with immediate resistance identified in the 0.59–0.63 range [33] Historical Context - Previous instances of significant outperformance by silver miners occurred in 2016 and 2020, where the SILJ/Silver ratio indicated early signals of a bullish trend [25][39] - The current breakout follows nearly a decade of neglect for silver miners, creating conditions for a powerful mean reversion [28][39] - Historical patterns suggest that when the SILJ/Silver ratio turns, miners often deliver triple-digit percentage gains while silver itself advances more modestly [25][39] Market Dynamics - The current macroeconomic environment, characterized by inflationary pressures and geopolitical instability, favors investments in hard assets like silver [22] - A rotation of capital is underway, with money moving away from technology and growth stocks into undervalued silver miners [23] - The SILJ/Silver ratio serves as a critical gauge for investor sentiment, indicating a shift back toward risk-taking in the sector [17][18]
Apollo Silver Announces $20.88 Million Private Placement Offering
Globenewswire· 2025-10-01 11:00
Core Points - Apollo Silver Corp. announced a non-brokered private placement offering of up to 5,800,000 units at a price of $3.60 per unit, aiming for aggregate gross proceeds of up to $20,880,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of $5.50 for 24 months [2] - The offering is subject to regulatory approval from the TSX Venture Exchange [3] Financial Details - The total gross proceeds from the offering could reach $20,880,000 [1] - The exercise price for the warrants is set at $5.50, with an acceleration provision if the shares trade at $7.50 or greater for ten consecutive trading days [2] Use of Proceeds - The net proceeds from the offering will be used to advance the Calico Silver Project in California, support community relations initiatives at the Cinco de Mayo Silver Project in Mexico, cover ongoing property maintenance costs, and for general corporate purposes [2] Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US, the Calico project, which has a significant silver deposit and barite credits [5] - The company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit [5] - Apollo Silver is led by an experienced management team, positioning the company to deliver value through exploration and development [5]
Capitan Silver Identifies New High-Priority Targets at Cruz De Plata and Provides Property Update
Newsfile· 2025-10-01 10:00
Core Insights - Capitan Silver Corp has identified new high-priority targets and high-grade mineral showings at its Cruz de Plata silver-gold project in Durango, Mexico, following a surface exploration campaign on a newly acquired 2,171-hectare land package [2][3][4] - The mineralized system at Cruz de Plata is significantly larger than previously outlined, with cumulative silver-mineralized vein structures now exceeding 20 kilometers, up from 7 kilometers [5][6] - The company plans to expand its Phase One Drill Program by 50% to a total of 15,000 meters, which is fully funded [4][28] Exploration and Discoveries - The exploration team has conducted a reconnaissance-scale surface evaluation, leading to the discovery of at least six new mineral showings and significant extensions to known mineralized structures [12][15] - New high-priority targets include Casco Norte, Jésus María Northwest, Jésus María East, San Rafael West, La Providencia, and La Purisima, with notable assay results such as 4,291.2 g/t AgEq from Casco Norte and 2,268.1 g/t AgEq from Jésus María Northwest [16][19][20][21][22][23] - A property-wide geophysical survey has been commissioned, expected to be completed by Q1 2026, to aid in target generation and expansion [5][29] Geological Insights - Detailed mapping and sampling have revealed a spatial correlation between the Jesús María silver trend and a granodiorite intrusive body, suggesting the potential for mineralization to continue along the contact [7][11] - The geological thesis indicates that hydrothermal mineralization occurs below the granodiorite, with radial fractures acting as conduits for mineralization across the property [11][12] Drilling and Sampling - The company has completed over 8,000 meters of drilling to date, with assays pending for 38 drill holes, and new drill holes being delivered to the lab weekly [28] - The airborne geophysical survey will cover the entire project area, generating detailed magnetic and conductivity maps to identify new alteration zones and geological features [29]