Key Takeaways PAAS reported record 2025 revenues of $3.62B, up 28.4% y/y, with Q4 revenues of $1.18B.PAAS produced 22.8M ounces of silver in 2025, up 8% y/y, with a record 7.3M ounces in Q4.PAAS sees 2026 silver output rising to 25-27M ounces, signaling 14% y/y growth at the mid-point.Pan American Silver Corp. (PAAS) reported record revenues of $3.62 billion in 2025, marking an improvement of 28.4% from 2024. This includes a record $1.18 billion in revenues reported in the fourth quarter of 2025. This impre ...

Toronto, Ontario--(Newsfile Corp. - February 24, 2026) - Visit Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF) at Booth #2147 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026. About Honey Badger SilverHoney Badger Silver is a unique Canadian-focused silver company led by an experienced leadership and technical team with a strong track record of value creation. The Company holds a portfolio ...

Silver-Dominant Maria Norte Project in Peru to Be Featured at PDAC 2026 Mining Convention as Company Advances Development StrategyVANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX-V: RYO | OTC: RYOOF) is pleased to invite current and prospective investors to meet with management at the Prospectors & Developers Association of Canada (PDAC) Convention 2026, the foremost global mining and mineral exploration conference. The PDAC Convention 2026 ...

Core Viewpoint - Bear Creek Mining Corporation has received final court approval for its arrangement with Highlander Silver Corp, allowing Highlander Silver to acquire all outstanding shares of Bear Creek [1][2]. Group 1: Arrangement Details - The arrangement was approved by Bear Creek's shareholders and other security holders during a special meeting held on February 19, 2026 [2]. - Closing of the arrangement is anticipated on or about February 26, 2026, pending satisfaction of all conditions, including regulatory approval [3]. - Shareholders of Bear Creek will receive 0.1175 common shares of Highlander Silver for each Bear Creek share held [3]. Group 2: Procedural Information - Registered holders of Bear Creek shares must submit their letter of transmittal along with share certificates to Endeavor Trust Corporation to receive the exchange consideration [3]. - Further details regarding the arrangement and the transmittal process are available in the management information circular dated January 16, 2026 [1][3].

PresentationMichael SteinmannPresident, CEO & Director Thanks, and good afternoon, everyone. Always a pleasure to be here. Normally, it's the nice warm day out there. It's colder here than Vancouver looks like, but I'm sure the sun will come back. Great to give you an update on Pan American Silver. A lot has changed over the last year, of course. And let me just step in there and show you on the plan. Of course, I will use forward-looking statements in my presentation. And we can spend some time here on the ...

Summary of Pan American Silver Conference Call (February 23, 2026) Company Overview - **Company**: Pan American Silver (NYSE: PAAS) - **Industry**: Silver Mining - **Key Focus**: World-leading silver producer with a diversified portfolio of assets, large reserves, and growing production [1] Core Points and Arguments Production and Assets - **Current Operations**: 10 producing assets across the Americas, primarily focused on silver production, with significant operations in Mexico and Peru [2][3] - **Acquisition**: Acquired MAG Silver last year, coinciding with a rise in silver prices, enhancing the company's asset portfolio [4] - **Juanicipio Mine**: Recognized as one of the best silver-producing assets globally, contributing to lower corporate-wide costs and significant production growth [6][10] - **La Colorada Skarn Project**: Expected to have a mine life of 40-50 years, projected to significantly increase silver production [5][6][21] Financial Performance - **Free Cash Flow**: Generated over $550 million in free cash flow in Q4 2025, with expectations for strong Q1 results due to high silver prices [11][9] - **Cost Management**: Noted a decline in silver production costs, attributed to the addition of the Juanicipio mine, despite some inflationary pressures [10][8] - **Production Guidance**: Seasonal production patterns due to weather in South America, with expectations for stronger performance in the latter half of 2026 [12][13] Cost Structure and Inflation - **Cost Increases**: Anticipated wage cost increases of about 8%, translating to a 3%-4.5% overall cost increase across operations [15][16] - **By-product Credits**: Costs are influenced by by-product metal prices and exchange rates, with a weaker dollar potentially increasing local currency costs but also raising metal prices [18][19] Capital Expenditure and Growth - **CapEx Plans**: Capital expenditures remain similar to the previous year, with a focus on sustaining capital and project capital for La Colorada skarn [20][21] - **Project Development**: La Colorada skarn is expected to produce 10,000-15,000 tons per day, significantly boosting silver output [24][25] Escobal Mine Update - **ILO Convention 169 Process**: Ongoing consultations with indigenous groups, with high metal prices potentially facilitating progress towards reopening the Escobal mine, which could produce 22 million ounces annually at low costs [31][33][34] Shareholder Returns - **Dividend Increases**: Increased dividend by 29% recently, with a commitment to return cash to shareholders through dividends and share buybacks [38][39] - **Debt Management**: Minimal debt with a focus on maintaining shareholder returns while investing in exploration and sustaining capital [38][40] Asset Portfolio Optimization - **Jacobina Mine**: Potential for increased production efficiency and capacity, with plans to enhance extraction methods and reduce operational costs [42][43] - **Timmins Assets**: Exploration of satellite deposits expected to add substantial value, with a focus on optimizing the existing asset portfolio [47] Additional Important Points - **Market Conditions**: The company is positioned to benefit from rising silver prices, with a strong focus on maintaining low production costs and maximizing margins [10][19] - **Long-term Strategy**: Emphasis on sustainable growth through exploration, efficient capital allocation, and maintaining a strong balance sheet [38][40]

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it is launching a new drilling campaign at its Candelaria Project in Nevada, designed to upgrade the Leach Pad Indicated and Inferred mineral resources to Measured and Indicated. This program marks another step forward in advancing Candelaria towards development. The new resource will be incorporated into a Pre-Feasi ...

Core Insights - Excellon Resources Inc. has announced its first independent Mineral Resource Estimate (MRE) for the Mallay Silver-Lead-Zinc Mine in Peru, marking a significant milestone for the company [1][3]. Group 1: Mineral Resource Estimate Details - The MRE was prepared by SGS Canada and establishes a higher-confidence inventory to support the staged restart planning of the Mallay Mine [2][3]. - The estimate includes 890,000 tonnes of Indicated resources grading 195 g/t silver, 3.33% lead, and 4.83% zinc, totaling approximately 5.57 million ounces of silver, 65 million pounds of lead, and 95 million pounds of zinc [14]. - Inferred resources are estimated at 362,000 tonnes grading 149 g/t silver, 2.67% lead, and 4.32% zinc, which includes about 1.74 million ounces of silver, 21 million pounds of lead, and 34 million pounds of zinc [14]. Group 2: Technical Aspects and Methodology - The MRE is based on a validated drillhole database comprising 1,595 surface and underground drill holes and 18,150 channel samples, totaling 166,420 meters of drilling and 22,740 meters of channels [7]. - The estimate utilizes modern 3D modeling and geological reinterpretation in accordance with CIM Best Practice Guidelines and NI 43-101 disclosure standards [2][4]. - The resource estimate reflects a conservative silver price of US$30.00 per ounce and assumes a fully utilized mill capacity of approximately 200,000 tonnes per year [3][11]. Group 3: Future Growth and Exploration Potential - Excellon plans to advance new upside targets through ongoing drilling, which is not yet reflected in the current MRE, including the Footwall Zone and Shafra Zone [4][25]. - A 10,000-meter infill and extension drill program is currently underway to improve confidence for mine planning and test near-mine extensions [25][38]. - The company has identified additional mineralization potential in the Footwall Zone, which is adjacent to the principal vein system and not included in the current MRE [25].

S.A. de C.V. of Hermosillo, Sonora, Mexico.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Qualified PersonsThe mineral resource was estimated by Ben Eggers, MAIG, P.Geo. of SGS Geological Services, an independent Qualified Person as defined by NI 43-101. Eggers conducted a site visit to the Columba Property on May 28, 2025. The mineral resource was peer ...

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ0) ("First Andes" or the "Company") today announced that it has engaged Ryan Johnson to serve as Vice President, Corporate Communications. Mr. Johnson will support the Company's corporate communications and marketing strategy and provide marketing and public relations advisory services, including coordinating marketing initiatives, news flow and events, and facilitating introdu ...