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Nord Precious Metals Evaluates "Title to the Metal" Financing Structure for Silver Production
Newsfile· 2025-11-26 14:00
Core Concept - Nord Precious Metals is evaluating a non-dilutive financing framework based on redeemable preferred shares to fund silver production at its Castle Silver Mine project, providing investors with direct claims on silver at production cost, secured by mine resources [1][3][14] Financing Structure - The proposed structure includes two classes of redeemable preferred shares: Class A for external investors and Class B for existing common shareholders, each representing a fixed quantity of silver deliverable upon production [2][4] - Class A shares will be priced based on Nord's estimated cost of silver production, allowing redemption for either physical silver or cash at the New York spot price [4][5] - Class B shares will allow existing common shareholders to convert their shares into preferred shares during a defined window prior to redemption, calculated using a specific formula [5][6] Security and Production Allocation - The financing will be secured by the 100%-owned Castle Silver Mine resource, providing dedicated single-asset security for investors [8] - A defined portion of Castle's silver production will be allocated to preferred share obligations, ensuring that the majority of production and revenue benefits common shareholders [9][10] Production Targets and Evergreen Structure - The redemption option for physical silver will be triggered by meeting specific production thresholds based on the finalized mine plan [11] - An "evergreen" provision may be included to allow for the extension of the program for subsequent production cycles, subject to regulatory approval [12] Regulatory Path and Next Steps - Implementation of the proposed financing structure requires board and shareholder approval, regulatory acceptance, and completion of definitive documentation [13][15] Company Overview - Nord Precious Metals operates a high-grade milling facility in Ontario and has a strategic position in silver discovery and recovery operations, with significant resources at the Castle property [17][18] - The company also maintains a portfolio of battery metals properties, enhancing its market position in both precious metals and critical minerals [19]
Kuya Silver to Present at Noble Capital Markets 21st Annual Emerging Growth Equity Conference
Newsfile· 2025-11-26 13:00
Company Overview - Kuya Silver Corporation is a Canadian-based mineral exploration and development company focused on acquiring, exploring, and advancing precious metals assets in Peru and Canada [4] Event Announcement - Kuya Silver's President and CEO, David Stein, will present at NobleCon21, the Twenty First Annual Emerging Growth Equity Conference, on December 3rd at 11:30 Eastern Standard Time [1] - Interested investors and guests can attend the conference at a discounted rate using the code KUYAFNOBLECON [2] Presentation Accessibility - A high-definition video webcast of the presentation will be available the following day on the company's website and will be archived for 90 days [3]
Aya Gold & Silver Reports Best Ever Mineral Intercept at Boumadine and Identifies New High-Grade Parallel Structure
Globenewswire· 2025-11-26 12:00
Core Insights - Aya Gold & Silver Inc. has reported its strongest mineralized intercept to date from the Boumadine project in Morocco, indicating significant resource growth potential and the emergence of a world-class scale project [1][3][9] Exploration Results - The Boumadine Main Trend extends 5.4 km, with new high-grade parallel structures identified, particularly in hole BOU-DD25-623, which intercepted 540 g/t AgEq over 47.3 m [3][4][19] - The best mineralized intercept recorded was in hole BOU-MP25-087, which returned 2,323 g/t AgEq over 15.0 m, including 3,858 g/t AgEq over 8.7 m [4][9][10] - A total of 133,003 m has been drilled in 2025, with ongoing exploration confirming high-grade continuity along the Main Trend [8][9] Future Plans - The company plans to continue its exploration program with an additional 360,000 m of infill drilling over the next 24 months, focusing on extending known mineralization and testing new geological targets [18][19] - The exploration strategy includes both infill drilling and greenfield exploration to enhance resource estimates and advance the project towards a preliminary economic assessment [19][20] Technical Information - The mineralization at Boumadine is characterized by massive sulphide lenses/veins, primarily composed of pyrite, with variable proportions of sphalerite, galena, and chalcopyrite [11][19] - The company has implemented a quality control program to ensure compliance with best practices in sampling and analysis of drill core and reverse circulation chips [20][21]
Apollo Silver Engages Equedia Network Corporation for Communications and Advisory Services
Globenewswire· 2025-11-26 12:00
Core Insights - Apollo Silver Corp. has engaged Equedia Network Corporation for communications and advisory services, adhering to TSX Venture Exchange policies and applicable securities laws [1][2]. Group 1: Engagement Details - Equedia will provide services for a three-month term with a one-time fee of US$350,000, plus applicable taxes [2]. - Equedia currently holds 6,000 common shares of Apollo Silver and may purchase additional shares during the agreement term, but will not receive any shares or options as compensation [3]. Group 2: Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico Project, which has significant barite and zinc credits [4]. - The company has also optioned the Cinco de Mayo Project in Chihuahua, Mexico, known for its high-grade and large tonnage CRD deposit [4]. - Apollo Silver is led by an award-winning management team, indicating a strong growth strategy aligned with the scale of opportunities in the sector [4].
Silver Wolf Closes Upsized Life Offering of C$2.125 Million to Fund Drill Program at the Ana Maria Property
Accessnewswire· 2025-11-25 22:15
Group 1 - Silver Wolf Exploration Ltd. is based in Vancouver, BC and is involved in exploration activities [1] - The company is not distributing information to United States newswire services or for dissemination in the United States [1]
Endeavour Silver sells Bolañitos mine to Guanajuato in $50M deal
MINING.COM· 2025-11-25 19:19
Core Transaction Details - Endeavour Silver has agreed to sell its Bolañitos mine to Guanajuato Silver Company for up to $50 million, consisting of $30 million in cash and $10 million in Guanajuato shares [1] - An additional $10 million in contingent payments is tied to production milestones from Bolañitos, with $5 million payable on the first 2 million oz. of silver-equivalent produced and another $5 million on the next 2 million oz. [2] Strategic Focus - The sale allows Endeavour Silver to concentrate on its core silver assets in Mexico, particularly the Terronera mine and Pitarrilla project [3] - The Terronera mine is expected to become Endeavour's flagship asset, with operations starting in July and reaching commercial production last month, forecasted to deliver 4 million oz. of silver and 38,000 oz. of gold annually over a 10-year mine life [4] Resource and Growth Potential - The Pitarrilla project hosts one of the world's largest undeveloped silver resources, with 491.6 million oz. in measured and indicated categories, along with significant lead and zinc resources [5] - Bolañitos produced approximately 450,000 oz. of silver and 25,000 oz. of gold last year and is located in Guanajuato, a major silver mining district in Mexico [6] Guanajuato Silver's Expansion - The acquisition of Bolañitos adds a fifth operating asset to Guanajuato Silver's portfolio, which includes three primary silver mines and a gold mine [7] - Bolañitos has a land package of 25.4 sq. km and is expected to add about 7.5 million oz. of silver and 132,000 oz. of gold to Guanajuato's resource base [7] Synergy and Integration - There is potential synergy between Bolañitos and Guanajuato's San Ignacio mine, as Bolañitos surrounds San Ignacio on three sides, allowing for low-cost processing of mined material [8] - Guanajuato Silver has begun preparations for the seamless integration of Bolañitos into its production portfolio to quickly realize economic benefits from the acquisition [9] Additional Assets - The transaction includes the historic Cebada mine, which Guanajuato intends to reactivate post-acquisition, currently on care and maintenance [10]
Rio Silver Provides Corporate Update as the Company Advances Toward High-Grade Silver Development in Peru
Globenewswire· 2025-11-25 14:20
Core Viewpoint - Rio Silver Inc. is positioning itself to become a high-grade silver producer in Peru, leveraging its strategic initiatives and operational preparations at the Maria Norte project, which is located in one of the world's most prolific mineral belts [1][4]. Operational Highlights - A detailed site visit to the Maria Norte project confirmed the scope, sequencing, and logistical requirements for fast-tracking development work upon regulatory approval [2]. - The company is advancing preparations for high-altitude camp construction, portal-access upgrades, and tunnel advancements along known mineralized structures [7]. - Progress is being made on permitting and community agreements, with positive advancements in explosives permitting and stakeholder access agreements [7]. - The company is adopting Peru's exploration/exploitation framework to enable mineral generation while establishing underground drill platforms for resource definition [7]. - Rio Silver is well-funded by a diversified investor base, with Maria Norte strategically located near other mine developments supported by a positive Preliminary Economic Assessment (PEA) [7]. Financial Position - The company currently receives approximately US$150,000 annually in advanced royalty payments, providing a stable revenue baseline [6]. - The sale of the Niñobamba project to Magma Silver Corp. will yield milestone payments exceeding US$2 million and 5 million common shares of Magma Silver, enhancing Rio Silver's financial position [6]. - Rio Silver retains a 2% Net Smelter Return (NSR) royalty on Niñobamba, in addition to a 3% capped NSR royalty from its former Palta Dorada interests [6]. Strategic Interests - Beyond its Peruvian assets, Rio Silver owns a critical-metals project in Ontario's Ring of Fire, identified as having significant subsurface potential based on historical drilling and airborne surveys [7][8]. - The company is evaluating additional silver-dominant targets within trucking distance that may offer district-scale growth potential [7]. Market Positioning - As global silver demand accelerates due to industrial electrification, renewable energy, and precious-metal investment, Rio Silver is positioning itself as a pure-play developer with significant leverage to rising silver markets [9]. - The company is committed to disciplined growth and clear market communication through its partnership with Caram Media, enhancing its alignment with shareholders [10][11].
Silver Dollar Samples Up to 2,753 g/t AgEq in Underground Sampling Campaign at its La Joya Silver Project
Accessnewswire· 2025-11-25 13:00
Geologic Modeling of High-Grade Drill Intercepts Underway VANCOUVER, BC / ACCESS Newswire / November 25, 2025 / Silver Dollar Resources Inc. (CSE:SLV)(OTCQX:SLVDF)(FSE:4YW) ("Silver Dollar" or the "Company") is pleased to report underground sample assay results and preliminary geologic modeling of existing high-grade drill results in support of an exploration and mining strategy shift from open pit to underground at its 100%-owned La Joya Silver (Cu-Au) Project (the "Property") in the state of Durango, Mexi ...
Vizsla Silver (NYSEAM:VZLA) Update / Briefing Transcript
2025-11-24 19:02
Summary of Vizsla Silver's Feasibility Study and Convertible Notes Offering Company Overview - **Company**: Vizsla Silver - **Industry**: Silver and Gold Mining - **Project**: Panuco Mine in Mexico Key Points from the Feasibility Study - **Feasibility Study Significance**: The study positions Panuco as a tier-one asset of global significance, with plans to become a leading silver and gold producer globally [2][3] - **Production Goals**: Internal goal to reach 50 million ounces of production in the next 10 years, primarily from the Panuco mine [3] - **Financial Metrics**: - Post-tax NPV of $1.8 billion - Post-tax IRR of 111% - Initial capital cost of $238.7 million - NPV to CapEx ratio of 7.5 times [22][49] - **Production Estimates**: - Average payable silver equivalent production of 20.1 million ounces over the first five years - Life of mine production of 17.4 million ounces per annum [22][24] - **Cost Structure**: - All-in sustaining cost of $10.61 per ounce - Operating cost of $85.11 per ton milled [24][46] Financing Details - **Bond Issuance**: Closing of a $300 million bond issuance, the largest in the silver industry, fully financing the Panuco project [5][12] - **Financial Flexibility**: The bond can be settled in cash, stock, or a combination, allowing for flexibility without diluting equity [6][10] - **Comparison to Previous Financing**: The bond replaces a previously announced Macquarie facility, providing lower cost of capital and fewer restrictions [9][10] Project Development and Timeline - **Permit Timeline**: Expecting permits by mid-2026, with construction planned for the second half of 2026 [15][19] - **Test Mine Development**: Ongoing test mine operations to de-risk the project and prepare for production [16][56] - **Infrastructure and Community Engagement**: Strong local community ties with 70% of the workforce sourced locally and significant investments in community projects [20][19] Exploration and Growth Potential - **Land Package Expansion**: The land package has quadrupled since 2024, with less than 70% mapped and only 28% of known veins explored [17][65] - **Future Exploration Plans**: Continued exploration in the wider property, including the Lagara project and Santa Fe, with systematic exploration planned [66][63] Conclusion - **Investment Opportunity**: Vizsla Silver presents a compelling investment opportunity with robust financial metrics, a strong production profile, and significant growth potential in the silver mining sector [14][16]
Aftermath Silver Completes Final Payment for the Berenguela Silver-Copper-Manganese Project
Newsfile· 2025-11-24 13:30
Core Viewpoint - Aftermath Silver Ltd. has successfully completed the final payment for the acquisition of the Berenguela silver-copper-manganese project ahead of the due date, securing 100% ownership of the project and initiating a comprehensive pre-feasibility study [1][4][3]. Acquisition Details - The final payment was reduced by US$100,000 to US$1.55 million due to an agreement with EMX Royalty Corporation, while SSR Mining Inc. waived the requirement for Aftermath to complete a Pre-Feasibility Study by November 23, 2025 [2]. - The total payment obligations under the Acquisition Agreement amounted to US$13 million, which Aftermath has now fulfilled [5]. Mineral Resource Estimate - As of January 31, 2023, the Berenguela project has a mineral resource estimate of 40.176 million tonnes, with a measured and indicated silver grade of 78 g/t, copper grade of 0.67%, and manganese grade of 2.45% [6][8]. - The inferred resource is estimated at 22.287 million tonnes with a silver grade of 54 g/t and a copper grade of 0.42% [6]. Project Significance - The Berenguela project is considered a critical metals project, and the completion of the acquisition positions Aftermath Silver to capitalize on the growing demand for silver, copper, and manganese [4][1]. - The relative value of the mineral resource by metal is approximately 26% silver, 26% copper, 44% manganese, and 4% zinc [8]. Future Plans - Aftermath Silver is set to initiate a comprehensive pre-feasibility study for the Berenguela project, focusing on the production of silver, copper, and manganese [4].