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Silver Wolf Completes Acquisition of the Ana Maria Project
Accessnewswire· 2025-12-16 12:00
VANCOUVER, BC / ACCESS Newswire / December 16, 2025 / Silver Wolf Exploration Ltd. (TSXV:SWLF)(OTCQB:SWLFF) ("Silver Wolf" or the "Company") is pleased to announce that it has issued to Avino Silver & Gold Mines Ltd. ("Avino") 2,000,000 common shares of the Company at a deemed price of C$0.20 per common share for an aggregate value of C$400,000, thereby completing all expenditure and option payment requirements to acquire a 100% interest in the Ana Maria and El Laberinto properties in Mexico pursuant to the ...
First Majestic Reports Continued Exploration Success at Santa Elena and Announces Senior Management Update
TMX Newsfile· 2025-12-15 21:30
Core Insights - First Majestic Silver Corp. has announced significant expansions in gold and silver mineralization at the Santo Niño and Navidad discoveries, with new drilling results exceeding the previously declared 2024 Inferred Resources [1][5][7] - The company is initiating scoping-level studies for potential mining strategies at both discoveries, which will guide future development [2][4] - Metallurgical testing indicates excellent recovery rates for gold and silver, exceeding 95%, confirming compatibility with the Santa Elena processing plant [3][16] Exploration and Drilling Highlights - At Santo Niño, 15,307 meters of drilling over 32 holes have defined extensive mineralization, extending over 1,100 meters by 400 meters, with true thickness ranging from 2.5 meters to 5.0 meters [5][13] - At Navidad, 10,161 meters of drilling has been completed, revealing significant intercepts that extend over 1,200 meters by 400 meters, with an average true thickness of 3.0 meters to 4.0 meters [7][19] - The Luna Zone has seen 11,190 meters of infill drilling, enhancing geological understanding and supporting the conversion of Inferred Mineral Resources to Indicated Mineral Resources [8][19] Management and Strategic Developments - Mani Alkhafaji has been promoted to President & Chief Corporate Development Officer, effective January 1, 2026, as part of the company's growth strategy [31][32] - The company plans to increase throughput at the Santa Elena plant from approximately 3,200 tonnes per day to 3,500 tonnes per day by the end of 2026, reflecting confidence in long-term operations [4][11] District Exploration - The Santa Elena District has completed approximately 66,800 meters of exploration drilling in 2025, exceeding the planned 64,000 meters, indicating a proactive approach to exploration success [11][19] - The exploration program continues to yield positive results across multiple targets, reinforcing the district's potential for further mineral resource additions [11][19]
Pacifica Silver Drills 6.35 m of 2.94 g/t Au and 313 g/t Ag, Including 0.85 m of 9.27 g/t Au and 1,905 g/t Ag; Confirms Northern Extension of the Aguilareña Vein at the Claudia Project
TMX Newsfile· 2025-12-15 12:30
Core Insights - Pacifica Silver Corp. has reported promising assay results from the initial phase of its drilling program at the Claudia Silver-Gold Project, indicating high-grade silver and gold mineralization [1][4][32] Initial Phase I Drill Highlights - The highest silver grade recorded since the property consolidation in 1991 is 1,905 g/t Ag over 0.85 m in hole 25CLAU039D [2] - High-grade mineralization has been extended along the Aguilareña vein system by over 300 m north of historical workings [2][4] - Drilling at the Guadalupana vein has intersected wider vein intervals, suggesting a favorable setting for mineralization [3][4] Drilling Program Summary - As of December 12, 2025, a total of 7,992 metres have been drilled across 29 holes, with an average depth of approximately 260 metres per hole [6] - The company is awaiting assay results from additional holes, which are expected to provide further insights into the mineralization [6] Significant Assay Results - Notable results include: - Hole 25CLAU039D: 6.35 m of 2.94 g/t Au and 313 g/t Ag, including 1.30 m of 6.40 g/t Au and 1,390 g/t Ag [9] - Hole 25CLAU037D: 6.55 m of 3.38 g/t Au and 74 g/t Ag [9] - The results indicate a robust mineralizing system with significant variations in silver to gold ratios [18] Future Plans - The company plans to conclude its Phase I drill program by the end of December 2025 and commence Phase II drilling in January 2026, aiming for approximately 12,000 metres of additional drilling [5][25] - The focus will be on delineating and expanding mineralization at the Aguilareña, Guadalupana, and Veta Central veins [25] Quality Assurance and Control - Drill samples were collected and processed under strict quality control measures, ensuring the integrity of the assay results [28][29] Company Background - Pacifica Silver Corp. is a Canadian resource company focused on its 100% owned Claudia Silver-Gold Project in Durango, Mexico, which spans 11,876 hectares and has significant historical mining activity [32]
GoGold Releases Record Financial Results for 2025
Newsfile· 2025-12-11 13:30
Core Viewpoint - GoGold Resources Inc. reported significant financial growth for the year ending September 30, 2025, with record revenues driven by increased silver equivalent sales and a strong cash position, indicating a positive outlook for future operations and projects [1][2]. Financial Performance - Revenue for the year reached $72.5 million, doubling from $36.5 million in 2024, with a notable increase in silver equivalent ounces sold to 2.1 million [3][4]. - Net income for the year was $17.3 million, compared to $1.58 million in the previous year, reflecting a substantial improvement in profitability [3][4]. - Cash flow from operations was $25.65 million, a significant turnaround from a cash outflow of $11.26 million in 2024 [3]. Production and Costs - The company produced 2,150,192 silver equivalent ounces, which included 851,102 silver ounces, 12,289 gold ounces, 476 copper tonnes, and 609 zinc tonnes [4]. - Adjusted cash cost per silver equivalent ounce was $18.35, while the adjusted all-in sustaining cost was $23.72 [4]. Market Outlook - The average realized silver price for the year was $33.80 per ounce, with current prices exceeding $55 per ounce, suggesting a strong market outlook for 2026 [2]. - The company has a robust cash position of over $240 million and no debt, positioning it well for future project developments [2]. Project Development - The feasibility study for the Los Ricos South project estimates capital costs of $227 million, with plans to advance both Los Ricos South and North projects simultaneously [2]. - The company aims to maximize shareholder value by aggressively advancing its projects in response to favorable commodity prices [2].
First Majestic Completes US$350 Million Offering of Convertible Senior Notes
Newsfile· 2025-12-08 16:43
Core Viewpoint - First Majestic Silver Corp. has successfully closed an offering of US$300 million in unsecured convertible senior notes, with an additional US$50 million from an over-allotment option, aimed at refinancing existing debt and supporting corporate strategies [1][2]. Group 1: Offering Details - The offering consists of US$300 million aggregate principal amount of 0.125% unsecured convertible senior notes due in 2031 [1]. - The initial conversion rate for the notes is set at 44.7227 common shares per US$1,000 principal amount, translating to an initial conversion price of approximately US$22.36 per share [1]. Group 2: Use of Proceeds - Approximately US$174.7 million of the proceeds will be used to repurchase existing 0.375% convertible senior notes due in 2027, with a total payment of about US$214.7 million [2]. - The remaining net proceeds from the offering will be allocated for general corporate purposes, including potential strategic opportunities [2]. Group 3: Company Overview - First Majestic is a publicly traded mining company focused on silver and gold production, operating four underground mines in Mexico and holding a portfolio of development and exploration assets, including the Jerritt Canyon Gold project in Nevada, U.S.A. [5].
Pan American Silver Options Trading: A Deep Dive into Market Sentiment - Pan American Silver (NYSE:PAAS)
Benzinga· 2025-12-05 19:01
Core Insights - Investors are showing a bullish sentiment towards Pan American Silver (NYSE: PAAS), with significant options trading activity indicating potential upcoming developments [1][2] - The overall sentiment among large investors is 53% bullish and 38% bearish, with a notable preference for call options over put options [3] - The target price range for Pan American Silver is identified between $25.0 and $60.0 based on recent trading activity [4] Options Activity - In the last 30 days, there have been 13 options trades for Pan American Silver, with a total of 12 calls amounting to $1,512,725 and only 1 put totaling $57,120 [2][3] - The volume and open interest data for options within the $25.0 to $60.0 strike price range provide insights into liquidity and investor interest [5] Company Overview - Pan American Silver Corp is primarily engaged in the operation, development, and exploration of silver and gold-producing properties, also producing zinc, lead, and copper [10] - The company operates several mines, including La Colorada, Dolores, and Huaron, among others [10] Analyst Ratings - Recent analyst ratings suggest a target price of $51.0 for Pan American Silver, with a Buy rating maintained by B of A Securities [12][13] Current Market Performance - As of the latest data, Pan American Silver's stock price is $45.1, reflecting a 2.04% increase, with a trading volume of 2,429,039 [15]
First Majestic Prices Offering of Convertible Senior Notes
Newsfile· 2025-12-04 01:27
Core Viewpoint - First Majestic Silver Corp. has announced the pricing of an offering of unsecured convertible senior notes due in 2031, aiming to raise US$300 million, with a potential increase to US$350 million if the over-allotment option is fully exercised [1][2]. Group 1: Offering Details - The offering consists of unsecured convertible senior notes with a principal amount of US$300 million, which may increase to US$350 million if the over-allotment option is exercised [1]. - The notes will bear a cash interest rate of 0.125% per annum, payable semi-annually [2]. - The initial conversion rate is set at 44.7227 common shares per US$1,000 principal amount, translating to an initial conversion price of approximately US$22.36 per share, representing a premium of about 42.50% compared to the previous day's closing market price [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to repurchase a portion of the existing 0.375% convertible senior notes due in 2027 and for general corporate purposes, including strategic opportunities [1]. Group 3: Company Overview - First Majestic is a publicly traded mining company focused on silver and gold production, operating four underground mines in Mexico and holding a portfolio of development and exploration assets, including the Jerritt Canyon Gold project in Nevada, U.S.A. [6].
Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))
Newsfile· 2025-12-03 13:30
Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))December 03, 2025 8:30 AM EST | Source: Kingsmen Resources LtdVancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to report first assays from hole LC-25-008 that intersected significant new gold rich silver mineralization. Th ...
GR Silver Announces Upsize of Bought Deal Offering to $17.5 Million
Newsfile· 2025-12-01 18:52
Core Viewpoint - GR Silver Mining Ltd. has amended its agreement with Research Capital Corporation and Red Cloud Securities Inc. to increase the size of its bought-deal offering, raising a total of $17,500,200 through the sale of 58,334,000 units at $0.30 each [1][10]. Group 1: Offering Details - 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 an exercise price of $0.42 for 36 months [2]. - The net proceeds will be allocated to advancing the Plomosas Project in Mexico, working capital, and general corporate purposes [3]. - The Underwriters have an option to increase the offering size by up to 3,999,333 units for the LIFE Offering and 4,333,500 units for the Private Placement Offering, potentially raising total gross proceeds to $20,000,049.90 if fully exercised [4]. Group 2: Regulatory and Legal Framework - The LIFE Offering will be conducted under the 'listed issuer financing exemption' and will be available in all Canadian provinces except Quebec, as well as in other qualifying jurisdictions, including the United States [5]. - The Private Placement Offering will be available to accredited investors in Canada and other jurisdictions where it can be lawfully made, with a statutory hold period of four months and one day from closing [7]. - The closing of the offerings is anticipated around the week of December 15, 2025, subject to necessary regulatory approvals [8]. Group 3: Financial Terms - The Underwriters will receive a cash commission of 6.0% of the aggregate gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one unit at the offering price for 36 months [9].
RBC Capital Reiterates Buy Rating on Pan American Silver (PAAS), Sets $45 Target
Yahoo Finance· 2025-11-27 10:52
Core Viewpoint - Pan American Silver Corp. is highlighted as a strong investment opportunity in the silver mining sector, with RBC Capital maintaining a Buy rating and setting a price target of $45 following the company's robust Q3 2025 performance, characterized by record free cash flow [1][2]. Financial Performance - The company reported revenue of $854.6 million for the quarter, which fell short of the expected $860.78 million. The adjusted EPS was $0.48, missing the analyst estimates of $0.51. Despite these misses, free cash flow reached a record $251.7 million, attributed to high-margin production from the newly acquired Juanicipio mine and favorable metal prices [2][3]. Production Metrics - During the quarter, Pan American Silver produced 5.5 million ounces of silver and 183,500 ounces of gold. The increase in silver output was partly due to a one-month contribution from the Juanicipio acquisition, while gold production was slightly lower due to technical issues at the Cerro Moro and El Peñon mines [3]. Dividend and Guidance - The Board of Directors increased the quarterly dividend by approximately 16% to $0.14 per share, reflecting confidence in cash generation. Additionally, the company raised its full-year 2025 silver production guidance to 22.0–22.5 million ounces, citing the positive impact of the Juanicipio integration [4]. Company Overview - Pan American Silver Corp. is a Canadian mining company engaged in the acquisition, exploration, development, and operation of silver and gold mines across the Americas, primarily producing silver and gold bullion from high-grade underground and open-pit mines [5].