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Silver Crown Royalties Closes Final Tranche Of Silver Royalty On PPX Mining's Igor 4 Project
Thenewswire· 2025-10-16 17:00
Core Points - Silver Crown Royalties Inc. has completed the final tranche of its silver royalty agreement with PPX Mining Corp., increasing its royalty to 15% of the cash equivalent of silver produced from the Igor Project in Peru [1][2] - The final payment made by Silver Crown to PPX was US$637,000, which will result in an additional 58,500 ounces of silver, bringing the total to 225,000 ounces under the royalty agreement [2] - The CEO of Silver Crown stated that the company is positioned to achieve positive free cash flow by 2026 without needing to access capital markets for working capital, focusing on raising capital only for new royalties [3] Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company that aims to generate free cash flow and currently holds five silver royalties [3] - The company's business model provides investors with exposure to precious metals, acting as a hedge against currency devaluation and mitigating production-related cost inflation [3] - PPX Mining Corp. is a Canadian-based mining company with a flagship gold and silver project, Igor, located in northern Peru, focusing on disciplined growth and long-term value creation [4]
Ximen Mining Corp to Complete Final Requirements to Start Kenville Gold Mine - Nelson, BC
Newsfile· 2025-10-16 13:00
Core Viewpoint - Ximen Mining Corp is progressing towards the commencement of construction at its Kenville Gold Mine project, with key pre-construction requirements being addressed [2][4]. Group 1: Project Development - The company has received a completed design for a culvert and runoff installation, which is necessary for mine construction, and plans to begin construction in early spring [3]. - A design for a water retention tank is nearing completion, and an engineering report on mine site building foundations and road stability is also required [4]. - The company aims to break ground for the new underground decline as soon as these pre-construction requirements are fulfilled [4]. Group 2: Company Overview - Ximen Mining Corp owns 100% interest in three precious metal projects in southern British Columbia, including the Kenville Gold Mine, Amelia Gold Mine, and Brett Epithermal Gold Project [8]. - The company also controls the Treasure Mountain Silver Project, which is currently under an option agreement with an option partner [8].
Guanajuato Silver Provides El Cubo Drill Results
Accessnewswire· 2025-10-16 11:20
~ Intercepts 26.7 g/t Au and 321 g/t Ag for 2591 g/t AgEq* over 0.42 metres ~ VANCOUVER, BC / ACCESS Newswire / October 16, 2025 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF), a growing Mexican-based precious metals producer, is pleased to provide an update on the 2025 exploration and development drilling program at the Company's wholly owned El Cubo Mines Complex ("El Cubo") located in Guanajuato, Mexico. ...
Andean Precious Metals Provides Update on 2025 Exploration Results at Golden Queen and San Bartolome
Newsfile· 2025-10-16 10:30
Core Insights - Andean Precious Metals Corp. has provided an update on its 2025 exploration activities at the Golden Queen mine in California and the San Bartolome operation in Bolivia, highlighting significant progress and expansion plans [1] Golden Queen Exploration Program - The exploration program at Golden Queen has been expanded by an additional 3,800 metres, bringing the total planned drilling to 8,100 metres for 2025 [4][13] - Phase 3 drilling has successfully intersected mineralized intervals, confirming continuity and supporting potential mine-life extensions [5][9] - Notable assay results include HT25-01 with 0.79 grams per tonne (g/t) Au and 3 g/t Ag over 8.0 metres, and HT25-03 with 1.94 g/t Au and 27 g/t Ag over 4.4 metres [4][16] - An updated mineral resource and reserve statement is expected in the first half of 2026 [4][14] San Bartolome Operation - The San Bartolome operation has transitioned to a mineral purchase business model, with a long-term agreement with COMIBOL for the purchase of up to 7 million tonnes of oxide ore [25][26] - The strategy aims to sustainably increase processing rates to the full capacity of 5,000 tonnes per day (tpd) [25] - Exploration activities are underway at multiple sites including Turqui, Tacobamba, Ánimas, Santa Isabel, and Trapiche, with a total of 5,500 metres of shallow core drilling planned [30][31] Exploration Highlights - The exploration efforts at Turqui have reported initial geochemical results with grades up to 402 g/t Ag [33] - The Tacobamba project has shown promising underground geochemical results averaging 246 g/t Ag [35] - The Santa Isabel project has identified significant mineralized structures with initial geochemical results ranging from 150 to 350 g/t Ag [43]
Americas Gold and Silver Announces Strong Antimony Production Results at its Galena Complex - the Only Producing Antimony Mine in the United States
Newsfile· 2025-10-16 10:30
Core Viewpoint - Americas Gold and Silver Corporation has reported strong antimony and copper production results from its Galena Complex, highlighting its position as the only producing antimony mine in the United States and signaling a new era under new management [1][3][4]. Production Results - For the first three quarters of 2025, the company produced a total of 447,466 pounds of antimony and 615,817 pounds of copper, with an average Sb:Cu ratio of approximately 0.73, slightly above the historical ratio of 0.69 [2][5]. - The quarterly breakdown of production is as follows: - Q1 2025: 130,649 lbs of antimony and 175,215 lbs of copper - Q2 2025: 173,393 lbs of antimony and 239,949 lbs of copper - Q3 2025: 143,424 lbs of antimony and 200,654 lbs of copper [2]. Strategic Importance - The Galena Complex is recognized for its strategic importance in producing critical metals, particularly antimony and copper, which are essential for various industries [5][6]. - The company is focused on increasing production of high-grade silver tetrahedrite ore, which is the primary host for antimony and copper, aiming to restore historical production levels [5][6]. Management and Growth Plans - Under new management, the company is making investments in growth projects at the Galena Complex to enhance production capabilities and drive future revenues from antimony and copper [4][5]. - The company has achieved a breakthrough in antimony extraction, with over 99% recovery from flotation concentrate, positioning it as a major supplier of critical metals in the U.S. [5][7]. Company Overview - Americas Gold and Silver Corporation is a growing precious metals and antimony mining company with multiple assets in North America, having increased its ownership in the Galena Complex to 100% in December 2024 [8]. - The company is led by an experienced management team and is fully funded to execute its growth plans, aiming to become one of the top North American silver and antimony mining companies [8].
Andean Precious Metals Reports Third Quarter Operational Results
Newsfile· 2025-10-15 21:30
Core Viewpoint - Andean Precious Metals Corp. reported an increase in consolidated gold equivalent production in Q3 2025, driven by strong silver production at San Bartolome, despite challenges at Golden Queen affecting gold output [2][3][4]. Production Summary - Consolidated gold equivalent production for Q3 2025 was 25,688 oz, up from 24,341 oz in Q2 2025, with silver equivalent production at San Bartolome increasing from 1.092 million oz in Q2 to 1.404 million oz in Q3 [2][4]. - Gold production at Golden Queen decreased from 12,213 oz in Q2 to 10,083 oz in Q3 due to operational challenges, but is expected to stabilize moving forward [2][3]. Operational Results - For the first nine months of 2025, consolidated gold equivalent production was 71,388 oz, slightly below guidance of 72,038 - 82,040 oz [3][4]. - The company achieved record realized prices in Q3 2025, with gold priced at $3,448 per ounce and silver at $40.09 per ounce, enhancing financial results [4]. Year-End Expectations - As the company approaches year-end, it is operating closer to the lower range of its annual production guidance, with expectations for a solid fourth quarter supported by strong performance from San Bartolome and stabilizing operations at Golden Queen [3][4].
NEVADA KING GRADUATES TO TIER 1 OF THE TSX VENTURE EXCHANGE
Prnewswire· 2025-10-15 21:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Oct. 15, 2025 /PRNewswire/ - Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF) ("Nevada King" or the "Company") is pleased to announce that it has received approval to graduate from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange (the "TSX-V") effective October 20, 2025. Nevada King is focused on advancing and growing its 100% owned, past producing, 130km Atlanta Gold Mine project located along the Battle Mountain trend in southeast Nevada. ...
Arizona Gold & Silver Reports On Continuing Philadelphia Project, Arizona Metallurgical Program - Core Drilling Program Resumes
Thenewswire· 2025-10-15 14:45
Vancouver, British Columbia, October 15, 2025 – TheNewswire - Arizona Gold & Silver Inc. (TSXV: AZS)  (OTCQB:AZASF) is very pleased announce positive column leach test progress from bulk samples at the Philadelphia Project. New data clearly demonstrate the benefit of HPGR crushing on near surface stockwork gold zone and the amenability of this material to heap leach extraction of gold and silver. Separately, the core drill is resuming drilling. The new hole is to test 60 metres to the north of the high-gra ...
5 Stocks Double Your Money — And None Is Nvidia
Investors· 2025-10-15 12:00
Core Insights - The S&P 500 has seen five stocks double in value this year, indicating a broadening rally beyond just AI-related stocks [1][2] - Robinhood Markets has more than tripled in value, becoming the top performer among S&P 500 stocks [3] - Seagate Technology and Newmont have also shown significant gains, with increases of 145% and 143% respectively [4][5] Company Performance - **Robinhood Markets (HOOD)**: Stock has increased by 262.2% this year, with analysts projecting a 59% profit rise this year and 19% in 2026. The app is evolving to include sports wagering [3][6] - **Seagate Technology (STX)**: Stock is up 145.2% this year, driven by strong PC demand due to the retirement of Windows 10. Analysts expect a 32% rise in EPS this fiscal year [4][6] - **Newmont (NEM)**: Stock has risen by 143.3% this year, benefiting from higher gold and silver prices. Profit is projected to increase by 71% this year [5][6] - **Palantir Technologies (PLTR)**: Stock has increased by 137.7% this year, showcasing the potential of AI-related companies [6] - **Micron Technology (MU)**: Stock has risen by 122.3% this year, contributing to the overall performance of the S&P 500 [6] Market Context - The overall S&P 500 index is up 13% this year, highlighting the exceptional performance of the doubling stocks [5] - The need for the remaining 493 stocks in the S&P 500 to contribute more to sustain the bull market is emphasized [2]
Fortuna delivers robust PEA for Diamba Sud Gold Project in Senegal: After-tax IRR of 72% and NPV5% of US$563 million using US$2,750 per ounce
Globenewswire· 2025-10-15 11:58
Core Insights - Fortuna Mining Corp. has released a Preliminary Economic Assessment (PEA) for the Diamba Sud Gold Project in Senegal, indicating strong project economics with a gold price of $2,750 per ounce, resulting in an after-tax NPV5% of $563 million and an IRR of 72% [2][30][41]. Project Overview - The PEA supports the development of an open-pit mine and a conventional carbon-in-leach (CIL) processing plant, projecting an average annual production of 147,000 ounces of gold in the first three years at an All-In Sustaining Cost (AISC) of $904 per ounce [2][5][30]. - The total mineralized material mined is estimated at 17.75 million tonnes, containing 932,000 ounces of gold, with a life of mine (LOM) of 8.1 years [5][10]. Financial Metrics - The construction capital cost is estimated at approximately $283.2 million, with a payback period of ten months [3][30]. - Average operating cash costs over the LOM are projected at $1,081 per ounce, with AISC averaging $1,238 per ounce [6][30]. Exploration and Development - Ongoing exploration is expected to enhance the LOM production profile beyond a decade, with five drill rigs currently active [4][8]. - A supplementary budget of $17 million has been approved to advance early construction works and detailed engineering activities [4][40]. Environmental and Permitting - Fortuna has filed an Environmental and Social Impact Assessment (ESIA) as part of the permitting process, marking a significant milestone [38]. - The company anticipates applying for an exploitation permit before the expiration of its exploration permit in June 2026 [39]. Next Steps - The Definitive Feasibility Study (DFS) is expected to be completed by the end of the second quarter of 2026, with a construction decision anticipated shortly thereafter [41][42].