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Americore Resources Announces an Agreement to Acquire the Issued and Outstanding Shares of Nevada Hills Gold LLC, Thereby Expanding the Size and Potential of the Trinity Silver Project in Nevada
Newsfile· 2025-11-24 13:00
Core Viewpoint - Americore Resources Corp. has announced an agreement to acquire up to 100% of the issued and outstanding shares of Nevada Hills Gold LLC, enhancing the potential of the Trinity Silver Project in Nevada [1][4]. Acquisition Details - The acquisition involves the first 50% of shares for $100,000 USD and 1,500,000 Americore shares, subject to TSX-V approval [4]. - The remaining 50% can be acquired for an additional $100,000 USD and 1,500,000 Americore shares, contingent on positive exploration results by June 30, 2026 [3][4]. Project Expansion - The Seka Claims consist of 41 unpatented mineral claims covering approximately 840 acres, strategically located within the Trinity Silver District [2]. - With the addition of the Seka Claims, Americore controls a significantly enhanced land position in a historically productive silver district that previously produced around 5 million ounces of silver [5][10]. Historical Context - The Trinity Silver Project has a substantial land position, including 1,280 acres of fee land owned by Newmont and 18,350 acres under leases [9]. - Historic mining operations from 1987 to 1988 yielded approximately 5 million ounces of silver from 1,085,790 tons of silver-oxide material at an average grade of 6.32 oz/ton [10]. Mineral Resource Estimates - A National Instrument 43-101 technical report outlines historic mineral resource estimates for both oxide and sulfide domains, with inferred oxide resources totaling approximately 6,490,000 ounces of silver at a cutoff of 0.30 oz/ton [11]. - Inferred sulfide resources are estimated at approximately 10,691,000 ounces of silver at a cutoff of 1.00 oz/ton [12]. Future Exploration Plans - Americore plans to conduct a comprehensive exploration program that includes modern data-driven exploration techniques, sampling, and drilling to confirm mineralization [20][27]. - The integration of historic datasets with modern exploration technologies is expected to enhance discovery and value creation in 2026 [6].
Endeavour Silver Announces Definitive Agreement to Sell Bolañitos Gold-Silver Mine in Mexico to Guanajuato Silver
Globenewswire· 2025-11-24 11:50
Core Viewpoint - Endeavour Silver Corp. has entered into a definitive share purchase agreement with Guanajuato Silver Company Ltd. for the sale of the Bolañitos silver and gold mine for total consideration of up to US$50 million, with the transaction expected to close in January 2026 [1][2]. Transaction Details - Guanajuato Silver will acquire all issued and outstanding shares of Mina Bolañitos, S.A. de C.V., which holds the Bolañitos Mine in Guanajuato, Mexico [3]. - The total consideration payable at closing is US$40 million, consisting of US$30 million in cash and US$10 million in common shares of Guanajuato Silver at a deemed price of US$0.2709413 (C$0.3815) per share [4]. - In addition to the base consideration, Guanajuato Silver will make two contingent payments of US$5 million each upon the production of two million and four million ounces of silver equivalent from the Bolañitos Mine [5]. Contingent Payments - Each contingent payment will be satisfied 50% in cash and 50% in Guanajuato Shares, with the share price determined by the greater of the 10-day VWAP at the milestone payment date or the minimum price permitted by the TSXV [6]. - The number of contingent shares is subject to a maximum ownership percentage of 9.9% of the issued and outstanding Guanajuato Shares [7]. Investor Rights Agreement - An investor rights agreement will be established at closing, including participation rights for Endeavour and a commitment to vote in accordance with Guanajuato Silver's board recommendations for 12 months [8]. Closing Conditions - The transaction is subject to customary closing conditions, including regulatory approvals and the investor rights agreement [9]. - A reciprocal termination fee of US$2.5 million is included in the agreement, payable under certain circumstances [9]. Company Overview - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, focusing on organic growth and creating lasting value [10].
Kuya Silver Reports Third Quarter 2025 Results
Newsfile· 2025-11-21 12:00
Core Insights - Kuya Silver Corporation reported significant operational and financial progress for Q3 2025, particularly at the Bethania Silver Project in Peru, with record tonnes processed and a strengthened balance sheet following successful financing [1][6][15] Operational Highlights - The average throughput at the Bethania mine is approximately 90 tonnes per day, with a record single-day mining achievement of 102.5 tonnes of mineralized material [2][5] - The mine has produced a total of 2,296 tonnes of mineralized material year-to-date, including 417 tonnes in Q3 2025, with a temporary reduction in mining rate due to infrastructure upgrades [6][12] - Major infrastructure improvements included 11.6 kilometers of road maintenance, reinforcement of underground supports, and installation of new equipment [6][7][20] Financial Performance - For Q3 2025, the company recorded revenue of $771,084 from concentrate sales, compared to no revenue in the same quarter of the previous year [12] - The net loss for Q3 2025 was $1,523,898, similar to the loss of $1,550,267 in Q3 2024, while the nine-month net loss improved to $3,155,443 from $4,168,928 in the same period of 2024 [13][14] - The company completed a $6.57 million financing, increasing cash to $6.63 million and net working capital to $6.30 million as of September 30, 2025 [6][15][16] Future Outlook - Kuya Silver aims to achieve stable production of 100 tonnes per day at the Bethania Silver Project, with a long-term target of 350 tonnes per day by 2026 [20] - The company is initiating a 5,000-meter underground drilling program on the Santa Elena concession to enhance geological understanding and assist with future mine planning [21]
Palo Alto, Vizsla Silver, NetEase And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
Benzinga· 2025-11-20 13:16
Core Insights - U.S. stock futures are up, with Nasdaq futures increasing by approximately 300 points [1] - Palo Alto Networks Inc reported strong first-quarter results for fiscal 2026, with revenue of $2.47 billion, surpassing analyst expectations of $2.46 billion [2] - The company also raised its fiscal 2026 guidance and reported adjusted earnings of 93 cents per share, exceeding analyst estimates of 89 cents per share [2] - Despite the positive financial results, Palo Alto Networks shares fell by 4.6% to $190.90 in pre-market trading [3] Company Developments - Palo Alto Networks announced a definitive agreement to acquire Chronosphere, an AI-scalable observability platform [3] - Other companies experiencing declines in pre-market trading include WeShop Holdings Limited, which dropped 38.8% after a significant increase of 506% the previous day [5] - Vizsla Silver Corp fell 12.6% following the announcement of a $250 million convertible senior notes offering [5] - FinVolution Group and Kyverna Therapeutics Inc also reported declines of 5.6% and 5.1%, respectively, after their recent earnings results [5]
Honey Badger Identifies Two New Zones: Inferno and Pimento Containing Silver, Gold, Lead, and Zinc at Plata, Yukon
Newsfile· 2025-11-19 22:00
Core Insights - Honey Badger Silver Inc. has identified two new mineral zones, "Pimento" and "Inferno," at its Plata Project in Yukon, indicating significant potential for silver-gold-lead-zinc mineralization [1][2][3] Summary of 2025 Fieldwork - The 2025 fieldwork program included 1,027 soil samples and 115 rock samples, leading to the discovery of new mineral zones and significant geochemical anomalies [3] - The Inferno zone shows a large geochemical anomaly with copper sulfide-bearing quartz veins and hornfels alteration, suggesting a potential large silver-gold system [2][3][6] Details on Inferno Zone - The Inferno zone features a 2.3 km x 1 km antimony anomaly with local elevated silver and gold values, including a gold-in-soil anomaly of up to 74 ppb Au [6][9] - The area will be a priority for follow-up prospecting in 2026, with additional staking completed to secure prospective ground [6][12] Details on Pimento Zone - The Pimento zone, located approximately 2.3 km northwest of the Ajo zone, has rock samples showing grades of up to 0.15 g/t gold, 44.3 g/t silver, 0.14% lead, and 0.39% zinc [10][15] - This area has not been previously documented, representing a new mineralization zone for the company [10] Next Steps - The company plans to review new assay data and historical samples over the winter to prepare for follow-up fieldwork and drilling in 2026 [12] Background on Plata Project - The Plata Project is located in the Tombstone Gold Belt and has a history of high-grade silver production, with past mining yielding approximately 290,000 ounces of silver [13] - The project is being explored as part of a larger mineralized system, with potential for both silver and gold deposits [13]
Aya Gold & Silver Unlocks Near-Term Value and Advances Environmental Remediation with Sale of Precious Metals from Legacy Boumadine Stockpile
Globenewswire· 2025-11-19 12:00
Core Viewpoint - Aya Gold & Silver Inc. has commenced commercial production from a historical flotation stockpile of precious metal-rich pyrite concentrate at its Boumadine mining license, aiming to reduce environmental impact and generate positive cash flow for the project [1][4]. Project Highlights - The historical stockpile was created during lead and zinc flotation operations in the late 1980s and early 1990s, with approximately 260 thousand tonnes of ore mined, resulting in recoverable grades of 2.30 g/t for gold and 144 g/t for silver [5][8]. - The project anticipates producing an estimated 2.5 million silver-equivalent ounces over the next 20 to 24 months, with a monthly production rate of 10,000 tonnes [8]. Market Conditions - Favorable market conditions, including high precious metal prices and ongoing demand for sulfur, have created a viable opportunity for the commercialization of the historical flotation by-product [6]. - Multiple offtakers have shown interest, confirming market demand and commercially viable levels for the pyrite product [6]. Logistics and Operations - Aya has mobilized a team and equipment for loading and handling, with a planned logistics chain for transporting the product from the site to an inland port, then by rail to the seaport [7]. - As of the press release date, 2,500 tonnes of product have been loaded and shipped to a dry-port facility in Morocco, with the first payment from the offtaker expected by year-end [10].
Kootenay Releases First Results from Current Drilling at Columba
Prnewswire· 2025-11-19 12:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 19, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce assay results from the first seven holes of the ongoing staged 50,000-meter drill program at Columba High Grade Silver Project, located in Chihuahua, Mexico. Drilling at the project is designed to extend and expand known mineralization on the extensive Columba vein system, which currently hosts an inferred Mineral Resource Est ...
First Andes Silver Outlines Systematic Property-Wide Exploration Program, Santas Gloria Project, Peru
Newsfile· 2025-11-19 10:30
Core Viewpoint - First Andes Silver Ltd. is launching a systematic exploration program for its 100%-owned Santas Gloria Project in Peru, aiming to evaluate and advance the property through modern exploration techniques [1][3]. Exploration Program Overview - The 2025-2026 exploration program will include a 50 km² property-wide WorldView-3 spectral mapping and interpretation initiative, focusing on 23 mapped intermediate-sulphidation epithermal veins totaling over 12 kilometers of strike [4][6]. - Phase 3 drill permitting is underway, targeting the Tembladera and San Jorge vein systems, with potential extensions to Maribel and Paquita [4][6]. Methodologies and Techniques - The exploration program will utilize high-resolution spectral alteration mineral mapping, a property-wide soil sampling program, and ground Induced Polarization (IP) geophysics to identify high-priority drill targets [4][11]. - Soil sampling will help delineate geochemical halos around sulphide-bearing veins, identifying key pathfinder elements such as Ag, Pb, Zn, As, and Sb [8][9]. Timeline and Milestones - WV-3 and soil sampling will commence in November 2025, with final products for spectral alteration mapping expected in 5-6 weeks [4][10]. - The first half of the soil sampling is set to be completed by February 2026, with analytical results anticipated in March 2026 [4][13]. Data Integration and Targeting - The integration of spectral, geological, and geochemical datasets will enable the company to refine and prioritize drill targets, marking a significant step in unlocking the discovery potential of the Santas Gloria epithermal vein field [11][14]. - A follow-up exploration program will be conducted after the integration of the WV-3 spectral and soil geochemical datasets to delineate high-priority drill targets [14]. Company Background - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru, which has never been systematically explored using modern techniques before 2024 [16].
Defiance Silver Reports High-Grade Trenching Results at San Acacio, Zacatecas
Newsfile· 2025-11-19 06:40
Core Viewpoint - Defiance Silver Corp. has successfully completed a trench sampling campaign at its San Acacio property in Zacatecas, Mexico, revealing high-grade mineralization that will support an upcoming mineral resource estimate [1][2][25]. Trenching Program Overview - The trenching program covered approximately 2.1 km of the Veta Grande vein system, with 1.1 km of trenching completed, returning grades up to 5180 g/t Ag and 4.85 g/t Au [2][8]. - A total of 76 trenches were excavated in the Almaden-Carolina pits, with most samples returning values over 60 g/t Ag, and trench CHSA-24-32 returning 3.25m grading 354.6 g/t Ag, 4.16 g/t Au, 4.16% Pb, and 0.52% Zn [6][13]. - In the Esperanza-Guadalupe pits, 49 trenches were excavated, with trench CHSA-24-116 yielding the highest silver sample of 5180 g/t Ag over 0.60m [15]. Mineralization Insights - The Veta Grande vein system is characterized by significant silver, zinc, and lead mineralization, with evidence of multiple hydrothermal events [20][14]. - The average grade of the samples collected from the trenching program was 63.0 g/t Ag, with a maximum of 5180 g/t Ag recorded [11][12]. Sampling Summary - The trenching program involved 152 trenches sampled, totaling 1098 meters, with 1016 channel samples collected [11][12]. - The Veta Grande vein samples showed an average grade of 147.5 g/t Ag, while unconsolidated trench debris samples averaged 205.36 g/t Ag [11][14]. Company Progress and Future Outlook - The results from the trenching campaign are expected to enhance the understanding of the surface geology and mineralization, contributing to the company's mineral resource estimate [2][25]. - The high-grade results and continuity between historical open pits indicate significant exploration potential for similar targets within the company's land package in the Zacatecas district [25].
End of the Year: Let’s Look at Taxes, Metals and Energy
Daily Reckoning· 2025-11-18 16:10
Market Overview - The year 2025 has seen significant gains in precious metals, with gold, silver, and platinum increasing by 53%, 61%, and 62% respectively [7] - Many mining companies have also experienced substantial growth, such as Newmont Mining (NEM) up about 135% and Hecla Mining (HL) up nearly 190% [10] Tax Loss Selling - The year-end "tax loss" selling season occurs in November and December, where investors sell underperforming shares to offset gains and minimize taxes [5] - Notable examples of companies facing sell-offs include Cracker Barrel Old Country Store, Inc. (CBRL) down about 48% and United Parcel Service, Inc. (UPS) down over 26% [6] Energy Sector Insights - The energy sector, particularly uranium, is viewed as undervalued despite its essential role in the global economy [17] - The U.S. produces only about 2% of its uranium, relying heavily on imports, with a significant portion expected to shift to China in the coming years [19][20] - Major uranium companies like Cameco (CCJ), Uranium Energy Corp. (UEC), and Energy Fuels (UUUU) are considered solid investments for the medium to long term [21] Oil and Gas Market Dynamics - The global oil industry is facing a significant underinvestment of at least $1 billion per day, leading to concerns about future supply [23] - Companies like ExxonMobil (XOM) and Chevron (CVX) are positioned well due to their scale, cash flow, and technical expertise [24] - The VanEck Oil Services ETF (OIH) is recommended for exposure to the oil services sector, alongside individual stocks like Schlumberger (SLB) and Halliburton (HAL) [25][26] Natural Gas Outlook - The United States Natural Gas Fund, LP (UNG) is currently trading near a five-year low, with expectations for price increases as winter approaches and demand rises [30] - Long-term trends indicate a tightening natural gas market due to rising domestic and export demand, compounded by historical underinvestment [31]