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Zacatecas Silver Increase Private Placement to $3.75 Million
Globenewswire· 2025-09-18 00:36
Core Points - Zacatecas Silver Corp. has increased its private placement financing from 41,666,666 units to 62,500,000 units at a price of $0.06 per unit, aiming for gross proceeds of up to $3,750,000 [1][3] Financing Details - Each unit consists of one common share and one common share purchase warrant, with each warrant exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the volume weighted average price of the shares reaches or exceeds $0.20 for 20 consecutive trading days [2] - The proceeds will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [3] Project Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project [4] - The Esperanza Gold Project has a measured and indicated mineral resource estimate of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq [5] - The Zacatecas Silver Project is located in the Fresnillo silver belt, with a mineral resource estimate of 2.7 million tonnes at 187 g/t AgEq, totaling 16.4 million ounces AgEq [6]
Prince Silver Commences Fully Funded Drill Program at the Prince Silver Project in Nevada
Accessnewswire· 2025-09-17 12:00
Core Viewpoint - Prince Silver Corp. has initiated a fully funded exploration drill program at its Prince Silver Project, aiming to expand high-grade zones and validate historical drilling results [1] Group 1 - The exploration drill program will cover 6,500 meters [1] - The Prince Silver Project is a past-producing property with silver, zinc, gold, and lead [1] - The objective of the program is to define the broader mineralized system across the property [1]
K9 Gold Enters Into an Exploration and Option to Purchase Agreement for Newmont's Trinity Silver Project
Newsfile· 2025-09-17 12:00
Core Viewpoint - K9 Gold Corp has entered into an Exploration Agreement and an Option to Purchase Agreement with Newmont USA Limited for the Trinity Silver Project, which encompasses approximately 14,523 acres in Nevada, indicating a strategic move to enhance its asset portfolio in a favorable mining jurisdiction [1][2]. Exploration Agreement - The Exploration Agreement grants K9 Gold the exclusive right to conduct exploration work on the properties owned and leased by Newmont [2]. - K9 is required to make initial payments of USD $50,000 and issue 100,000 common shares as rental payment for the first year, followed by a payment of USD $100,000 and 300,000 common shares for the second year [6]. Purchase and Sale Option - The Agreement stipulates that Newmont will sell all rights and interests in both owned and leased properties to K9, subject to TSX Venture Exchange approval [3]. - A one-time payment of USD $350,000 and the issuance of 700,000 common shares to Newmont are required as part of the purchase [6]. Project Overview - The Trinity Silver Project is located approximately 23 miles northwest of Lovelock, Nevada, and includes a historic open pit heap leach silver mining operation [5]. - Historical mining operations reported the extraction of 1,085,790 tons of silver oxide mineralization, yielding approximately 5 million ounces of silver at an average grade of 6.32 oz/ton [7]. Mineral Resource Estimates - The project has identified both oxide and sulphide mineralization, with inferred resources for oxide material estimated at 6,430,000 tons at a grade of 1.134 oz/ton, containing approximately 7,287,000 ounces of silver [8]. - For sulphide mineralization, inferred resources are estimated at 19,790,000 tons at a grade of 1.07 oz/ton, containing about 21,165,000 ounces of silver, along with lead and zinc byproducts [9]. Next Steps - The company plans to review all historical data and create an updated database for the project, incorporating artificial intelligence to analyze geological data and develop an updated deposit model [17]. - Fieldwork will include sampling of the historical stockpile and drilling to twin key historical drill holes, leading to an updated mineral resource estimate [18].
EDUARDO LUNA APPOINTED LEAD DIRECTOR OF VIZSLA SILVER
Prnewswire· 2025-09-17 12:00
Core Viewpoint - Vizsla Silver Corp. has appointed Mr. Eduardo Luna as Lead Director of the Board, recognizing his extensive experience in the mining industry and his contributions to the company's progress towards becoming a leading silver producer [2][4]. Company Leadership - Mr. Eduardo Luna, an independent director since November 15, 2023, has been appointed as Lead Director, bringing four decades of experience in the mining sector [2][3]. - Luna has previously held significant roles in companies such as Goldcorp and Wheaton River, and has been instrumental in developing major mines in Mexico, including the San Dimas Mine [2][3]. Incentive Compensation - The company has granted 1,550,000 performance-based restricted share units (PRSUs) to officers, employees, and consultants, which will vest over three years following the announcement of the Feasibility Study for the Panuco Project [4]. Panuco Project Overview - The Panuco silver-gold project is located in southern Sinaloa, Mexico, covering 7,189.5 hectares with over 86 kilometers of vein extent and existing infrastructure [5]. - The project contains intermediate to low sulfidation epithermal silver and gold deposits, primarily associated with volcanic activity [6]. Mineral Resource Estimate - As of January 6, 2025, the Panuco Project has an estimated in-situ combined measured and indicated mineral resource of 222.4 million ounces of silver equivalent (AgEq) and an inferred resource of 138.7 million ounces AgEq [7]. Economic Highlights - A Preliminary Economic Study completed in July 2024 indicates an annual production of 15.2 million ounces AgEq over an initial mine life of 10.6 years, with an after-tax NPV at 5% of US$1.1 billion, an IRR of 86%, and a payback period of 9 months at silver and gold prices of US$26/oz and US$1,975/oz respectively [7].
Giant Mining Continues Engagement with RESPEC to Integrate 2024-2025 Drill Data and Breccia Body into Majuba Hill Copper-Silver-Gold Project 3D Model
Thenewswire· 2025-09-17 07:05
Core Insights - Giant Mining Corp. is advancing its Majuba Hill Copper-Silver-Gold Project by continuing its engagement with RESPEC Company LLC to integrate new drilling data into a 3D model, enhancing the project's geological understanding and potential [1][3][4] Engagement with RESPEC - RESPEC will incorporate drilling data from the 2024 and 2025 diamond core programs into the Majuba Hill project model, refining geological interpretations and guiding future drilling strategies [1][4] - The updated interpretation will help evaluate new target zones and improve the understanding of breccia body geometry, which is crucial for assessing copper mineralization [4][11] Strategic Impact - The integration of new data is expected to strengthen the technical foundation for the economic potential of the Majuba Hill project, highlighting new target zones amid increasing U.S. demand for secure supply chains [7] - Majuba Hill is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres, with existing infrastructure that provides significant cost advantages [7][15] Project Characteristics - The project has a history of production and has undergone approximately 89,395 feet of drilling, with a rough replacement value of USD 12.1 million [7] - Indications of a potentially large mineralized body of copper, silver, and gold exist, with expansion potential in all directions [7][15] Quality Assurance Measures - The company employs a robust QA/QC program for sample handling and analysis, ensuring high standards in data collection and integrity [8] Marketing and Awareness - Giant Mining has amended its advertising agreement with Gold Standard Media, increasing the total consideration to USD 550,000 for ongoing marketing services [10] - The company has also engaged Interactive Offers for digital marketing campaigns with an initial budget of USD 50,000 [13] Company Overview - Giant Mining focuses on advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals, driven by initiatives like the Green New Deal [14] - The Majuba Hill project is positioned to become a significant copper deposit, essential for meeting increasing demand [15]
Silver Crown Royalties Appoints Christian Aramayo as Advisor
Thenewswire· 2025-09-17 07:00
Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company focused on generating free cash flow and currently holds five silver royalties [5] - The company's business model provides investors with exposure to precious metals, acting as a hedge against currency devaluation while minimizing the economic burden on mining projects [5] Appointment of Advisor - Christian Aramayo has been appointed as an advisor to Silver Crown, effective immediately [1] - Mr. Aramayo brings over 19 years of experience in the mining industry across multiple regions, including North and South America, Europe, and Africa [2] - His previous roles include Co-Founder, COO, and Director of Kuya Silver Corporation, with a focus on ESG-compliant development and efficient project transitions from exploration to production [2][4] Expertise and Contributions - Mr. Aramayo holds a Master's Degree in Science from the University of Manchester and is a Chartered Engineer, enhancing his technical expertise [3] - His leadership experience with world-class mining operations is expected to advance Silver Crown's growth strategy and deliver value to shareholders [4] - Mr. Aramayo emphasizes the critical role of silver in the new energy matrix and advanced electronics, expressing enthusiasm for contributing to Silver Crown's unique business model [4] Strategic Context - The appointment of Mr. Aramayo is independent of the non-binding letter of intent with Kuya Silver announced on June 19, 2025, and does not guarantee any imminent transactions [4]
First Andes Silver Reports Final Drilling Assays, Santas Gloria Project, Peru
Newsfile· 2025-09-16 11:30
Core Insights - First Andes Silver Ltd. has announced the remaining assay results from its 2,000-meter drill program at the Santas Gloria Project in Peru, confirming strong silver and base metal grades [1][3] - The consistency of mineralization across 11 of 14 holes indicates significant depth potential, suggesting the presence of a larger preserved sulphide-rich system at depth [3][6] - The company plans to optimize future drilling by establishing new collar locations to better target deeper sulphide zones [3][6] Assay Results - The final assay results from the San Jorge Vein show robust silver and base metal grades, with significant intercepts reported in multiple drill holes [5][6] - Notable results include: - Drill hole SG027: 167.1 g/t AgEq over 4.80 m, including 276.9 g/t AgEq over 0.60 m [6] - Drill hole SG024: 238.8 g/t AgEq over 1.90 m, including 596.6 g/t AgEq over 0.50 m [6] - Drill hole SG023: 222.6 g/t AgEq over 1.70 m, including 410.3 g/t AgEq over 0.50 m [6] Future Plans - The company intends to drill additional high-grade veins, including the Tembladera Vein and the Kelly Vein, as well as other untested epithermal systems across the property [4][6] - Future drilling will be optimized based on geological modeling to ensure comprehensive testing of the San Jorge Vein and its extensions [3][6] Company Overview - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located in a major mining district near Lima, Peru, with established road access and significant exploration potential [13]
Capitan Silver Strengthens Management Team and Board with Key Hires
Newsfile· 2025-09-16 11:00
Management Team Enhancements - Capitan Silver Corp. has announced several key additions to its management team and Board of Directors to strengthen its operations as it advances the Cruz de Plata high-grade silver project [1][14] - New appointments include Graham Scott as Director, Marc Idziszek as VP Exploration, Israel Tolano Chacón in Technical Services, Xochitl L. Valenzuela Verdugo for Project Evaluation, and Greg DiTomaso for Investor Relations [4][11] Individual Profiles - Graham Scott brings extensive experience in geology and mining law, having represented clients in discovering world-class deposits and negotiating mining agreements [2][5] - Marc Idziszek has over 20 years of experience in precious metals exploration and has been overseeing Capitan Silver's exploration program since 2020 [3][5] - Israel Tolano Chacón has over 30 years of experience in leading mining and industrial projects, with a strong background in project delivery on time and within budget [6][7] - Xochitl L. Valenzuela Verdugo has nearly 30 years of experience in mine planning and engineering, having held senior roles at Argonaut Gold and Goldcorp [9][10] - Greg DiTomaso has nearly 20 years of experience in investor relations, having supported numerous senior management teams in the mining sector [11][12] Stock Option Grant - On September 5, 2025, Capitan Silver granted 1,800,000 stock options to certain directors, officers, and consultants at an exercise price of $1.54, valid for five years, with vesting over 36 months [12]
Silver X Mining Announces Non-Brokered Life Private Placement Concurrent With Bought Deal Life Offering For Aggregate Gross Proceeds of Up to C$21.5 Million
Accessnewswire· 2025-09-15 19:25
Core Viewpoint - Silver X Mining Corp. is initiating a non-brokered private placement due to strong investor demand, aiming to raise between C$3,000,000 and C$5,500,000 through the sale of units priced at C$0.50 each [1] Group 1 - The company plans to sell a minimum of 6,000,000 units and a maximum of 11,000,000 units in this offering [1] - Red Cloud Securities Inc. and Laurentian Bank Securities Inc. are acting as finders for the company in connection with this offering [1]
Gold Miners Are Minting Money As The Metal Smashes Record After Record
Forbes· 2025-09-15 17:20
Core Insights - Gold mining equities are experiencing significant growth in 2025, driven by record-high gold prices and favorable market conditions for miners [1][12] - Central banks are increasing their gold reserves, contributing to a surge in gold-backed ETFs, which have seen nearly $50 billion in inflows this year [2] - The current gold market is characterized by disciplined corporate behavior among miners, focusing on operational efficiency and shareholder returns [9] Gold Price Dynamics - Gold has reached its sixth record high in just seven trading days, surpassing its inflation-adjusted record from 1980 and achieving all-time highs in multiple currencies [2] - The average all-in sustaining costs (AISC) for major gold producers range from $1,080 to $1,220 per ounce, while spot prices exceed $3,600, resulting in extraordinary profit margins [7] Mining Stocks Performance - Mining indices, such as the NYSE Arca Gold Miners Index, have hit new all-time highs, with individual companies like Sibanye-Stillwater and SSR Mining seeing gains of over 150% and 220% year-to-date, respectively [7][9] - The current rally in mining stocks is distinct from previous bull markets due to a focus on financial discipline and shareholder value, rather than reckless expansion [9] Broader Economic Context - The U.S. economy is showing signs of strain, with significant job growth revisions and a potential recession looming, which may further drive interest in gold as a safe haven [10][11] - Political uncertainties, including actions by the U.S. government regarding the Federal Reserve, are contributing to market volatility and investor caution [11] Investment Recommendations - A recommended portfolio allocation includes 10% in gold, with 5% in physical bullion and 5% in high-quality gold mining equities, emphasizing the importance of regular rebalancing [12]