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ORVANA TO PRESENT AT MUNICH MINING CONFERENCE, OCTOBER 3-4, 2025
Prnewswire· 2025-10-02 10:00
Company Overview - Orvana Minerals Corp. is a multi-mine gold-copper-silver company with assets including the El Valle and Carlés mines in Spain, the Don Mario property in Bolivia, and the Taguas property in Argentina [2]. Conference Participation - Orvana will attend the Munich Mining Conference 2025, with representatives including Ms. Nuria Menendez (CFO) and Mr. Raúl Álvarez (Director of Exploration and Technical Services) [1]. - Mr. Álvarez is scheduled to deliver a presentation on October 4, 2025, at 12:40 a.m. (CEST) [1]. Corporate Presentation - A corporate presentation providing an overview of Orvana's operations and properties is available on the company's website [1].
Kingman Minerals Ltd. Announces Upsized $1.5 Million
Newsfile· 2025-10-01 22:21
Core Viewpoint - Kingman Minerals Ltd. has announced an upsized non-brokered follow-on private placement due to strong investor demand, increasing total gross proceeds from C$500,000 to C$1,500,000 [1] Group 1: Offering Details - The company will issue up to 21,428,571 units at a price of C$0.07 per unit, with each unit consisting of one common share and one common share purchase warrant [2] - Each warrant allows the holder to purchase an additional common share at an exercise price of C$0.09 for a period of 24 months from the closing date [2] Group 2: Use of Proceeds - Net proceeds from the offering will fund exploration and development activities at the Mohave Project, including diamond drilling, geophysics, geochemical sampling, and permitting [3] - The Mohave Project includes the historic high-grade Rosebud Mine, where previous underground sampling reported bonanza-grade results of up to 688 g/t gold and 468 g/t silver [3] Group 3: Additional Information - The company may pay finders' fees of 6.0% of gross proceeds and issue finders' warrants equal to 6.0% of the units sold [4] - Closing of the offering is subject to necessary regulatory approvals, including from the TSX Venture Exchange, and all securities will be subject to a statutory hold period of four months and one day [5] - Certain insiders may participate in the offering, which will be considered a related party transaction, relying on exemptions from formal valuation and minority shareholder approval requirements [6] - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the 100%-owned historic Rosebud Mine [8]
Skeena Resources Limited Announces Approximately C$125 Million Bought Deal Financing
Globenewswire· 2025-10-01 20:45
Core Points - Skeena Resources Limited has entered into an agreement with underwriters to purchase 5,210,000 common shares at C$24.00 per share, raising approximately C$125 million [1][2] - The proceeds will be used for the advancement of the Eskay Creek gold-silver project and general corporate purposes [2] - The offering is expected to close around October 8, 2025, subject to regulatory approvals [3] Financial Details - The offering price is set at C$24.00 per common share, with gross proceeds expected to be approximately C$125 million [1] - The underwriters have an option to purchase an additional 15% of the offering to cover over-allotments [1] - As of September 30, the company has unaudited cash of approximately C$105 million [2] Project Development - The funds will support ongoing construction activities and permitting milestones at the Eskay Creek project [2] - There is an anticipated delay in the permitting process due to a BC government employee strike [2] - Negotiations with the Tahltan Central Government regarding the Impact Benefits Agreement are ongoing [2] Market Impact - The funding represents approximately 4.5% dilution to the company's total market capitalization [3] - The offering will provide flexibility to pursue less expensive financing alternatives compared to existing loan facilities [3] Regulatory Information - The common shares will be offered through a prospectus supplement in Canada and the United States [3] - The offering is subject to customary closing conditions, including approvals from the Toronto Stock Exchange and the New York Stock Exchange [3]
Guanajuato Silver Announces Upsize of Bought Deal Public Offering to $43.5 Million
Globenewswire· 2025-10-01 13:53
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. The base shelf prospectus is accessible, and the shelf prospectus supplement and any amendment to the documents will be accessible within two business days through SEDAR+ VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Guanajuato Silver Company Ltd. (the “Company” or “GSilver”) (TSXV:GSVR)(OTCQX:GSVRF), a growing Mexican-based precious ...
Silver Bullet Mines Increases Concentrate Gold Grade to 27 oz/ton from KT Mine, Arizona and Sees Visible Gold at KT Mine, Arizona
Newsfile· 2025-10-01 13:49
Core Insights - Silver Bullet Mines Corp. has successfully increased the concentrate grade of gold from its KT Mine in Arizona to over 27 ounces per ton, indicating significant improvements in the milling process [1][6][10] - The company has discovered visible gold in the latest blast material, with approximately 150 to 200 tons of this material ready for shipment to the mill [5][10] - The company anticipates further increases in grades as it transitions from surface material to underground vein material, with recent assays showing a head grade of 0.8 ounces per ton gold [6][10] Company Developments - The company has processed around 125 tons of material, resulting in over 2 tons of high-grade concentrate, and plans to reduce waste material while increasing higher-grade material as it moves towards full underground mining [7][10] - Silver Bullet Mines is committed to a hub and spoke business model, processing varied materials from multiple properties, including KT and SC Mines, which are expected to generate significant revenue [9][10] - Cash flow from concentrate sales will be used to upgrade the mill for increased capacity and to fund a detailed exploration program in Arizona, aiming to minimize the need for further financing [11][12] Industry Context - The CEO of Silver Bullet Mines believes there is a renewed appreciation for small-scale mining operations, suggesting that the company could lead a renaissance in high-grade precious and base metal mining [10] - The company is optimistic about the future of its operations, particularly with the high-grade gold and silver being produced, which is expected to provide substantial material for processing [10][11]
Dolly Varden Silver Intersects 3.34 g/t Gold over 120 Meters, Including 216 g/t Gold over 0.52 Meters and 166 g/t Gold over 1.30 m in Step-Out Hole at Homestake Silver Deposit
Newsfile· 2025-10-01 12:00
Core Insights - Dolly Varden Silver Corporation reported a significant gold intercept from a step-out drill hole at the Homestake Silver deposit, with hole HR25-456 intersecting 3.34 g/t Au over 120 meters, including high-grade intervals of 216 g/t Au over 0.52 meters and 166 g/t Au over 1.3 meters [1][3][4] Drill Results - The drill hole HR25-456 is a 45-meter step-out from previous holes, confirming continuity and growth potential outside of current mineral resources [1][5] - Approximately 40% of the 2025 drill program, totaling 55,000 meters, is focused on expanding and infilling high-grade gold mineralization at the Homestake Silver Deposit [1][4] Geological Context - The Homestake Ridge deposits are characterized as structurally controlled, multi-phase epithermal vein stockwork and vein breccia systems hosted in Jurassic Hazelton volcanic rocks, with mineralization consisting of pyrite, galena, and sphalerite, along with visible gold [10][11] - Recent drilling indicates a shift towards a gold-rich system, with a shallow north plunging dilation zone defined by a wide mineralized interval and increased frequency of high-grade gold veins [11] Future Exploration - The ongoing drill program includes five diamond drills targeting high-grade gold mineralization and testing areas outside the current resource [4][5] - Additional results from various exploration targets, including the Wolf Vein silver mineralization extension and Big Bulk copper-gold porphyry system, will be reported as assays are received [4]
Asia Broadband Finalizes Milestone Production Agreement For Second Large-Scale Gold and Silver Ore Stockpile in Mexico
Globenewswire· 2025-10-01 12:00
Core Insights - Asia Broadband Inc. has finalized a significant processing and production agreement for a large-scale gold and silver ore stockpile in Etzatlan, Jalisco, Mexico, with an estimated value exceeding that of a previous agreement made in December 2022 [1] - This new stockpile project is anticipated to be the largest high-yield asset addition for the company, aligning with its strategic initiative to expand gold production and increase physical gold holdings [2] Company Overview - Asia Broadband Inc. is focused on the production of precious metals and the accumulation of physical gold holdings, leveraging geographic expertise and industry contacts to enhance its operations in Mexico [3] - The company also has a digital assets segment, featuring a gold-backed cryptocurrency and unique NFT collections, aiming to establish a stable and trusted standard of exchange in the digital asset market [3]
Guanajuato Silver Announces $30 Million Bought Deal Public Offering
Globenewswire· 2025-10-01 11:23
Core Points - Guanajuato Silver Company Ltd. has entered into an agreement with Canaccord Genuity Corp. and Red Cloud Securities Inc. for a bought deal offering of 60,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of $30,000,000 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.65 for 36 months [2] - The company will grant underwriters an option to purchase an additional 9,000,000 units for up to $4,500,000 to cover over-allotments [3] - Net proceeds from the offering will be allocated for sustaining and development capital for the company's four operating mines in Mexico, as well as for working capital and general corporate purposes [4] - The offering is expected to close around October 9, 2025, pending necessary regulatory approvals [6] Company Overview - Guanajuato Silver is a precious metals producer focused on reactivating past producing silver and gold mines in central Mexico [9] - The company operates four mines, including the El Cubo Mine, Valenciana Mines Complex, and San Ignacio Mine, all located in Guanajuato, a region with a 480-year mining history [10] - Additionally, the company produces silver, gold, lead, and zinc concentrates from the Topia mine in Durango, positioning itself as one of the fastest-growing silver producers in Mexico [10]
Sierra Madre commences underground development at Nazareno mine in Mexico
Yahoo Finance· 2025-10-01 09:23
Core Insights - Sierra Madre Gold and Silver has initiated underground development at the Nazareno silver and gold mine, part of the La Guitarra complex in Estado de Mexico, with over 700 tonnes of mineralised material transported to the processing plant [1] - The production silver grades are 40% higher and gold grades are 30% higher than indicated in the 2023 resource model, based on a reconciliation of material produced from development blasting [2] - The company plans to expand the Nazareno mining center, expecting it to significantly contribute to silver and gold production, with plans to double processing capacity from 500 tonnes per day by Q3 2027 [3] Development Plans - The initial phase at Nazareno involves expanding the current workings to fully access the mineralised zone, which spans up to 8 meters in width [1][3] - Following the initial phase, the sill drive will be extended to assess the feasibility of long-hole mining in the area characterized by closely spaced veins [4] - A new Ingertrol Sandy 50 drill rig has been purchased to support mine planning and development, capable of drilling up to 250 meters [4] Drilling Operations - The portable drill rig allows for surface drilling without the need for access roads, demonstrated during operations at the Tepic project [5] - Drilling is scheduled for the Nazareno veins and the central Guitarra mine area, which contain closely spaced parallel silver-gold vein sets [5] - The new drilling rig will reduce development expenses by enabling short-hole drilling from a single drive, eliminating the need for parallel drives or crosscuts [6]
Silver nears record in hockey stick rally, gold approaches $4,000 an ounce
Yahoo Finance· 2025-09-30 18:54
Core Insights - Silver futures have outperformed gold in recent months, rising 27% over the past three months compared to gold's 15% increase, and 58% year-to-date versus gold's 45% [1] Group 1: Silver Market Dynamics - Silver futures are currently trading around $46, approaching its historical high of $48.70 set in January 1980 [2] - There is a fundamental deficit in the silver market, with demand exceeding supply, leading to increased investor interest in silver through ETFs and physical holdings [3] - The industrial demand for silver spans various sectors, including electronics and medical applications, contributing to a bullish outlook on the metal [3] Group 2: Gold Market Trends - Gold futures are holding near record highs above $3,875 an ounce, driven by expectations of Federal Reserve easing and strong foreign central bank demand [4] - Analysts from Goldman Sachs predict gold could reach $4,000 by mid-2026, with a potential upside scenario of $5,000 by the end of next year due to rising concerns over Federal Reserve independence [5] - Precious metals, including palladium and platinum, have also seen significant rallies of 44% and 79% respectively in 2025, influenced by a weaker US dollar [5] Group 3: Economic Context - The US dollar index has decreased by approximately 10% year-to-date, making dollar-priced commodities cheaper for foreign buyers [6] - Precious metals have historically performed well during periods of dollar weakness, delivering average real annualized returns of around 15% [6]