Core Viewpoint - Aya Gold & Silver Inc. has filed a Preliminary Economic Assessment (PEA) for the Boumadine Polymetallic Project in Morocco, indicating a promising development-stage project with significant economic potential [1][2]. PEA Highlights - The PEA outlines a district-scale project featuring a flexible open-pit and underground mining plan, with a conventional flotation plant producing three payable concentrates: zinc, lead, and pyrite. The project has an estimated mine life of 11 years, with revenues primarily driven by precious metals [2]. Project Economics - The PEA includes a sensitivity analysis reflecting +/- 25% variations to the Base Case scenario, showing significant changes in Net Present Value (NPV) and Internal Rate of Return (IRR) based on different gold and silver price scenarios [4]. - Under the Base Case, the post-tax NPV5% is estimated at $1.5 billion with a 47% IRR and a payback period of 2.1 years. In a Spot Price scenario, the post-tax NPV5% could reach $3.0 billion with a 77% IRR and a payback period of 1.2 years [6]. Production and Cost Metrics - Average annual production is projected at 401 thousand ounces of gold-equivalent in the first five years, with a total of 328 thousand ounces of gold-equivalent per year over the life of the mine. The initial capital cost is estimated at $446 million, with cash costs of $928 per ounce of gold-equivalent and all-in sustaining costs (AISC) of $1,021 per ounce [6][7]. Permitting and Future Plans - The project has an existing mining license, and a feasibility study is targeted for completion in late 2027, indicating a structured approach towards advancing the project [6]. Company Overview - Aya Gold & Silver Inc. is a rapidly growing silver producer based in Canada, operating in Morocco. It is the only TSX-listed pure silver mining company and is focused on maximizing shareholder value through sustainable practices [10][11].

NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Quartz Mountain Resources Ltd. (TSX-V: QZM; OTCQX: QZMRF), a company focused on discovering and transacting important-scale gold, silver and copper projects in British Columbia, has qualified to trade on the OTCQX® Best Market. Quartz Mountain Resources Ltd. upgraded to OTCQX from the OTCQB® Venture Market. Quartz Mountain Resou ...

Core Viewpoint - Kootenay Silver Inc. has engaged Sideways Frequency LLC for investor relations services, with a focus on marketing and promotional activities to enhance investor awareness and interest in the company and its shares traded on the OTCQX marketplace [1][2][4]. Group 1: Engagement and Services - Kootenay Silver Inc. retained Sideways Frequency LLC for an initial three-month term, which was extended for an additional three months, with a total payment of US$500,000 for the services [1][2]. - The marketing services provided by SFLLC include email campaigns, native advertising, display ads, lead generation, content creation, strategic planning, and digital advertisement placement [2][3]. Group 2: Promotional Impact - The silver spot price increased from approximately US$41 per ounce to approximately US$64 per ounce during the period of engagement, representing a 56% increase [5]. - The company believes that while promotional activities increased investor interest, they were not the primary factor for the increase in trading volume of the company's shares, which was also influenced by the rise in silver prices and recent drill results [5]. Group 3: Company Background - Kootenay Silver Inc. is focused on the discovery and development of mineral projects in Mexico, particularly in the Sierra Madre Region, and holds a significant portfolio of silver assets [9]. - The company aims to expand its silver resources and develop priority silver projects in prolific mining districts in Sonora and Chihuahua, Mexico [9].

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Market Overview - Wall Street experienced mixed performance last week, with the S&P 500 down 0.6%, the Dow Jones up 1.1%, and the Nasdaq down approximately 1.6% [1] - Tech stocks faced significant pressure, impacting the Nasdaq-100 and S&P 500, with Roundhill Magnificent Seven ETF (MAGS) down 1.7% and State Street Technology Select Sector SPDR ETF (XLK) down 2.5% [1] Tech Sector Performance - Oracle's shares fell 14% due to revenue misses, negatively affecting related AI companies like NVIDIA and Micron [2] - Broadcom's stock dropped about 11% despite strong earnings, raising concerns over high capital expenditures and delayed AI revenue realization [2] Federal Reserve Actions - The Federal Reserve implemented its final rate cut of the year, lowering the benchmark federal funds rate to a range of 3.5% to 3.75% following a divided vote [3] - The Fed's outlook for 2026 appears more cautious, projecting only one rate cut next year, consistent with previous forecasts [4] Winning ETF Areas - **Cannabis Sector**: Roundhill Cannabis ETF (WEED) rose 51.2% and Amplify Seymour Cannabis ETF (CNBS) increased 51.0% due to speculation about potential easing of federal marijuana regulations [5] - **Silver Miners**: Global X Silver Miners ETF (SIL) gained 8.4% and Amplify Junior Silver Miners ETF (SILJ) rose 7.6% driven by increased industrial demand and supply shortages [6] - **Space Economy**: Procure Space ETF (UFO) increased by 7.8%, with Rocket Lab Corp (RKLB) surging 22.8% due to heightened investor interest in the space sector [7] - **Gold Miners**: VanEck Junior Gold Miners ETF (GDXJ) rose 7.1%, and SPDR Gold Trust (GLD) gained 2.2% as the U.S. dollar weakened [9] - **Platinum**: GraniteShares Platinum Trust (PLTM) increased by 6.3%, with platinum prices surpassing $1,700 per ounce amid projected market deficits [10] - **Health Care**: Roundhill GLP-1 & Weight Loss ETF (OZEM) rose 6.3%, being the first actively-managed GLP-1 ETF, highlighting advancements in weight loss pharmaceuticals [11]

Core Viewpoint - Bayhorse Silver Inc. has appointed Christos Doulis as President, effective immediately, to strengthen its management team as it advances its mining projects [1][3]. Company Management - Christos Doulis replaces Rick Low as President while Low continues as Chief Financial Officer [1]. - Doulis expressed excitement about working on the Bayhorse and Pegasus projects, highlighting the Bayhorse Mine as a potential near-term primary silver producer in the U.S. [2]. - CEO Graeme O'Neill emphasized the importance of a strong management team and acknowledged Rick Low's contributions in his dual roles [3]. Company Overview - Bayhorse Silver Inc. holds a 100% interest in the historic Bayhorse Silver Mine in Oregon, which has an inferred resource of 292,300 tons at a grade of 21.65 opt (673 g/t), equating to approximately 6.3 million ounces of silver [5]. - The Bayhorse Mine is designed for minimal environmental impact, capable of processing up to 200 tons per day, and features a state-of-the-art ore-sorting system that reduces waste rock by up to 85% [5]. - The company has established a mill with a capacity of up to 60 tons per day in Payette County, Idaho, and has an offtake agreement with Ocean Partners UK Limited [5].

Core Viewpoint - Mayo Lake Minerals Inc. has successfully sold its Trail-Minto Property for $1,000,000 to Banyan Gold Ltd, which will enhance its financial position and allow for an aggressive exploration program in 2026 on its remaining properties in the Mayo-Keno area [2][8]. Financial Transactions - The sale of the Trail-Minto Property will provide Mayo with $1,000,000 in cash, which is intended to be used for debt repayment and general working capital [2][4]. - Mayo has closed the first tranche of a private placement totaling $300,000, consisting of common share units and flow-through units priced at $0.05 each [6][10]. Exploration Plans - The company plans to initiate an exploration program in 2026, focusing on defining gold targets within the Anderson Gold Trend and trenching the Carlin West and AJ targets [11]. - Mayo retains 100% ownership of three highly prospective properties totaling 145.6 sq. km in the Mayo-Keno area, which is known for its Intrusion Related Gold Systems [3][4]. Property Details - The Trail-Minto Property sale includes a 2% Net Smelter Return (NSR), with Banyan having the option to buy back 1% of the NSR for $1,000,000 [2][8]. - The Mayo-Keno area has seen increased exploration activity, with significant resources reported by other companies in the region, including Banyan Gold and Sitka Gold [3][8]. Future Opportunities - The financial relief from the sale allows Mayo to pursue additional advanced properties in the northern Yukon and Alaska, which were previously unattainable due to financial constraints [4][8]. - The company aims to leverage the funds from the private placement and property sale to enhance its exploration capabilities and potentially acquire more valuable projects [8][11].

VANCOUVER, BC / ACCESS Newswire / December 17, 2025 / SILVER X MINING CORP. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) ("Silver X" or the "Company") announces that it has granted 450,000 restricted share units with a term of 1 year and 900,000 stock options to directors and officers of the Company, in accordance with the Company's omnibus incentive plan dated August 9, 2024. ...

Core Insights - Silver is experiencing a significant bull run, with prices recently reaching $64 an ounce, translating to a year-to-date gain of 114.8%, outperforming gold's 63.9% rally [2][3] - The macro environment for silver is expected to improve in 2026, driven by a dovish Federal Reserve, strong demand, and a persistent supply deficit [3] - The U.S. Geological Survey has classified silver as a critical mineral, which may lead to policy support and efforts to strengthen domestic supply chains [5] Silver Market Dynamics - The total global silver supply is projected to rise by 1% in 2025 to 1.022 billion ounces, while total demand is expected to drop by 4% to around 1.117 billion ounces [6] - The silver market is anticipated to record a deficit of approximately 95 million ounces in 2025, marking the fifth consecutive year of deficit [7] - Industrial demand for silver is expected to decline by 2% in 2025 due to global economic uncertainties [6] Growth Drivers - The increasing adoption of solar technology is driving demand for silver in photovoltaic applications, with global renewable power capacity expected to double between 2025 and 2030 [8] - The electrification of the automotive industry is boosting silver demand, particularly in battery electric vehicles [9] - Rapid digitalization and the rise of AI are emerging as new demand drivers for silver [10] Featured Companies - **Fresnillo plc**: The company is acquiring Probe Gold, which has the potential to produce over 200,000 ounces annually. The Zacks Consensus Estimate for Fresnillo's earnings indicates a year-over-year growth of 380.6% for 2025 [12][14] - **Hecla Mining**: The company is focusing on reducing debt and enhancing operational efficiency. The Zacks Consensus Estimate for Hecla's earnings indicates a year-over-year growth of 245.5% for 2025 [15][18] - **First Majestic Silver**: The acquisition of Gatos Silver is expected to boost free cash flow and production. The Zacks Consensus Estimate for First Majestic's earnings indicates a year-over-year growth of 279% for 2025 [19][22]

Core Insights - Warren Buffett's prediction regarding silver prices has materialized, with a significant increase in silver prices over the past three years, approximately 150% [4][7] - The imbalance between silver supply and demand continues, with the world consuming 149 million more ounces of silver than produced last year [6][14] Industry Overview - The silver market has experienced a bull run, driven by robust industrial demand and inelastic supply, as mine production has increased by less than 1% in 2024 [4][6] - The ongoing trend of silver demand outpacing supply is expected to persist, marking the fifth consecutive year of this deficit, with over 100 million ounces expected [14] Company Analysis: First Majestic Silver - First Majestic Silver is positioned as a near pure-play silver miner, with 57% of its revenue derived from silver, significantly higher than its peers [11] - The company reported a record quarter with 3.9 million ounces produced, reflecting a 96% year-over-year increase in production [11][12] - First Majestic's all-in sustaining costs for silver range between $14.80 to $15.80 per ounce, ensuring profitability as long as silver prices remain above this threshold [11] - The company's revenue surged by $139 million in Q3, with $73 million attributed to increased silver production and $66 million from rising silver prices, indicating strong operational performance [12] - Despite a high price-to-earnings ratio of 113, the company's significant revenue growth positions it well for future valuation adjustments [13]