Core Viewpoint - Honey Badger Silver Inc. has appointed Michael Jalonen to its Board of Directors, bringing extensive experience in the precious metals sector, which is expected to enhance the company's strategic direction and insights [1][3]. Company Overview - Honey Badger Silver is a silver-focused company with a leadership team experienced in value creation and a skilled technical team [4]. - The company has several projects, including the Sunrise Lake project with a historic resource of 12.8 million ounces (Moz) of silver at a grade of 262 grams per tonne (g/t) and 201.3 million pounds of zinc at a grade of 6% [4][5]. - The Clear Lake Project has an unclassified historic resource of 5.5 Moz of silver at a grade of 22 g/t and 1.3 billion pounds of zinc at a grade of 7.6% [4][5]. - The Nanisivik Mine Area, where the company holds significant land, produced over 20 Moz of silver from 1976 to 2002 [4][6]. Leadership and Expertise - Michael Jalonen has 34 years of capital markets experience, including 33 years at Bank of America Securities, where he was a leading analyst in the precious metals mining sector [2][3]. - His background includes covering twenty companies in the North American gold and silver producer sector and five senior precious metal royalty and streaming companies [2]. - Jalonen's previous roles include junior mining analyst and corporate development analyst, and he holds an Honors B.Sc. in Geology and an MBA [3].

Core Insights - Aftermath Silver Ltd is advancing its Berenguela silver-copper-manganese project in southern Peru, focusing on upgrading inferred resources to measured and indicated categories through an infill drilling program [1][3][4] - The drilling program has resulted in a 28% increase in measured and indicated tonnes, indicating positive outcomes and supporting confidence in the project's development [3][4] Project Overview - The Berenguela project is strategically located near Santa Lucia, benefiting from strong infrastructure access including road, rail, and power, and features surface mineralization that makes it potentially open-pittable [2][3] - The drilling targeted four to five areas, including clusters near the edges of the mineralized system and regions known for high copper intercepts [1][4] Future Plans - The next steps involve transitioning to a more detailed engineering study, with considerations for a Preliminary Economic Assessment (PEA) or a Pre-Feasibility Study (PFS) [5] - The current commodity price environment, with silver prices nearing $60, is favorable for the project's prospects [6]

Group 1: Silver Market Dynamics - Silver prices have surged above US$58 an ounce, marking a new all-time high and outpacing gold's performance, raising questions about the gold-silver ratio and market trends [1] - The price of silver has been on a steady rise since 2019, with the current rally being attributed to both safe-haven flows and significant industrial demand, particularly from the solar industry [2][3] - The solar industry has emerged as the largest consumer of silver, leading to increased demand and reduced supply for other uses, which is driving up prices and attracting more investors [3] Group 2: Investment Opportunities in Australia - Australia lacks a pure-play silver producer, but several ASX-listed companies, such as South32, stand to benefit from the ongoing silver rally [4] - Notable companies include Silver Mines Ltd, which is in the late stages of developing a promising field in Australia, and Sun Silver Ltd, which is focused on mining in Nevada, USA [5] - The buoyant silver prices are expected to improve financing conditions for mining and exploration companies, making it easier for them to secure funding [5] Group 3: Gold-Silver Ratio and Future Predictions - The gold-silver ratio has dropped sharply to around 80, which is still above the long-term historical average of approximately 50, indicating potential for silver to outperform further [6] - Predictions suggest that silver prices will not see a meaningful correction before 2027, indicating a favorable investment outlook for 2026 [7]

Group 1 - First Majestic Silver Corp. (NYSE:AG) experienced a decline of 4.27% on Thursday, closing at $15.02, primarily due to plans to raise up to $350 million through the issuance of convertible notes and a drop in silver spot prices [1][3] - During intra-day trading, First Majestic's stock fell by as much as 5.4% [1] - The current spot price of silver is down by 2.49% at $57.0298 per troy ounce, as investors took profits following a recent surge [2] Group 2 - First Majestic has initiated the issuance of convertible senior notes with a total principal amount of $300 million and an overallotment option of up to $50 million, due in 2031 [3] - The notes will carry a cash interest of 0.125% per annum, payable semi-annually, and will be convertible into common shares at an initial conversion price of $22.36, representing a premium of approximately 42.50% over its closing price of $15.69 [4] - The offering is expected to close on December 8, subject to customary closing conditions [5]

Minaurum Increases Phase 2 Resource Expansion Drill Program to 50,000 Meters at Alamos Silver ProjectDecember 05, 2025 9:00 AM EST | Source: Minaurum Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - December 5, 2025) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum" or the "Company") is pleased to announce its plans to expand the Phase II resource-expansion drill program at the Alamos Silver Project in Sonora, Mexico from 25,000 metres to 50,000 metres, and in addition has iss ...

Core Insights - Aftermath Silver Ltd. announced a new Mineral Resource Estimate (MRE) for the Berenguela silver-copper-manganese project, showing a 21% increase in contained silver in Measured and Indicated resources to 122.5 million ounces (Moz) [2][7] - The MRE was completed by BBA International and is based on extensive drilling data, enhancing the understanding of the deposit [2][3] Resource Estimates - The combined Measured and Indicated (M&I) resources increased by 11.37 million tonnes or 28.3% to 51.55 million tonnes [4] - The conversion of Inferred resources to M&I resulted in a decrease of 7.96 million tonnes in the Inferred resources inventory [5] - The MRE is based on data from 439 drill holes, including 82 diamond drill holes drilled by Aftermath in 2024/25 [5] Metal Content - The contained metal in M&I resources increased as follows: - Silver: increased by 21.3 Moz (21%) to 122.5 Moz with 22.0 Moz in Inferred resources [7] - Manganese: increased to 2.93 million tonnes (Mt) M&I with 0.47 Mt Inferred resources [7] - Copper: increased to 717.1 million pounds (Mlb) M&I with 118.4 Mlb Inferred resources [7] - Zinc: increased to 372.4 Mlb M&I with 80 Mlb Inferred resources [7] Geological Insights - Mineralization at Berenguela is primarily hosted in mid-Cretaceous age limestones and is interpreted as a carbonate replacement deposit [25] - The mineralization extends approximately 1,500 meters in length and 200 to 400 meters in width, with drilling identifying mineralization up to 80 meters below the surface [26] Future Plans - The company plans to expedite development and engineering work at Berenguela and conduct additional drilling towards the eastern margins of the mineralization [6][8]

Core Viewpoint - Endeavour Silver Corp. has successfully closed a US$350 million offering of 0.25% unsecured convertible senior notes due 2031, which includes a full exercise of a US$50 million option granted to initial purchasers [1] Group 1: Offering Details - The offering consists of US$350 million aggregate principal amount of 0.25% unsecured convertible senior notes due 2031 [1] - The initial conversion rate for the notes is 80.2890 common shares per US$1,000 principal amount, translating to an initial conversion price of approximately US$12.4550 per share [1] Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay the senior secured debt facility with ING Capital LLC and Societe Generale [2] - Funds will also be allocated to advance the Pitarrilla project located in Durango State, Mexico, and for general corporate purposes, including strategic opportunities [2] Group 3: Company Overview - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, along with a robust pipeline of exploration projects across Mexico, Chile, and the United States [5] - The company has a proven track record in discovery, development, and responsible mining, aiming to drive organic growth and create lasting value [5]

Americore Resources Corp. Significantly Expands Land Position at the Trinity Silver Project, Historic Resource Base Tripled to 36 Million oz Silver EquivalentDecember 04, 2025 10:45 AM EST | Source: Americore Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") announces a strategic expansion of its land position at the Trinity Silver Project in Pershing County, Nevada t ...

Core Points - Americas Gold and Silver Corporation has successfully closed a bought deal private placement financing, raising US$132.25 million through the issuance of 33,062,500 common shares at US$4.00 per share [1][2][3] - The net proceeds from this financing will be utilized for the acquisition of Crescent Silver, LLC, which owns the Crescent Mine in Idaho, as well as for capital expenditures and working capital at the mine [2][3] - The company anticipates closing the acquisition soon and is fully funded for upcoming capital investments to advance Crescent towards production [3][4] Financing Details - The offering was led by Canaccord Genuity Corp. and BMO Capital Markets, and included the full exercise of the underwriters' option [1] - Eric Sprott, the largest shareholder of the company, purchased 900,000 shares as part of the offering, which is classified as a related party transaction [4] - The shares are subject to a statutory hold period of four months and one day from the closing date [5] Operational Updates - The company plans to pause production for 21 days in December to facilitate a major upgrade at the Galena mine, which is ahead of schedule [3] - A new non-restrictive 5-year multi-metal offtake agreement has been established with Ocean Partners for the treatment of Galena's concentrates [7] - The company aims to enhance production capabilities at both Galena and Crescent, with aggressive exploration drilling planned [3][7]

Group 1 - Guanajuato Silver Company Ltd. is providing an update on its mining operations in the Guanajuato area [1] - The update comes ahead of the closing of the acquisition of Bolanitos S.A. [1]