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Vizsla Silver Outlines Its 2025 Exploration Program at Panuco, Highlighting Significant Upside Potential
Newsfile· 2025-07-29 15:00
Core Viewpoint - Vizsla Silver Corp has announced an expanded exploration program at its Panuco silver-gold project, indicating significant upside potential for resource growth and production [1][2]. Company Overview - Vizsla Royalties Corp holds a 3.5% NSR royalty on the proposed Panuco PEA mine plan and a 2% NSR royalty on other exploration concessions in the Panuco district [1]. - The company is positioned to benefit from any growth in resource and production potential without dilution or capital outlay [3]. Exploration Objectives - Vizsla Silver aims to complete over 25,000 meters of exploration drilling, with approximately 8,000 meters already completed [8]. - An Airborne Electromagnetic (TEM) survey covering over 1,000 line-kilometers is planned, along with advancing mapping of the district to achieve 70% coverage [8]. - A Feasibility Study is targeted for completion in the second half of 2025, with initial production expected in the second half of 2027 [3]. Resource Base - Vizsla Silver has defined a global resource base of over 2.7 million gold equivalent ounces in the Measured and Indicated (M+I) category, plus an additional 1.7 million ounces in the Inferred category at the Panuco project [2]. - These resources represent only about 8% of the known vein potential within the district, indicating substantial room for expansion [2]. Financial Metrics - A Preliminary Economic Study for the Panuco project published in July 2024 highlights an annual production of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years, with an after-tax NPV5% of US$1.1 billion, an 86% IRR, and a 9-month payback period at silver and gold prices of US$26/oz and US$1,975/oz respectively [5].
AbraSilver Substantially Increases Total Diablillos Mineral Resources to 199 Million Ounces Contained Silver and 1.7 Million Ounces Contained Gold (350 Moz AgEq) in M&I
Newsfile· 2025-07-29 11:30
AbraSilver Substantially Increases Total Diablillos Mineral Resources to 199 Million Ounces Contained Silver and 1.7 Million Ounces Contained Gold (350 Moz AgEq) in M&I Updated MRE Highlights Significant Growth Primarily at Oculto & JAC, Plus Maiden Heap Leach Resource July 29, 2025 7:30 AM EDT | Source: AbraSilver Resource Corp. Toronto, Ontario--(Newsfile Corp. - July 29, 2025) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce a substantial incre ...
Starcore Reports Year End 2025 Results
Newsfile· 2025-07-29 06:30
Core Viewpoint - Starcore International Mines Ltd. reported strong financial results for the year ending April 30, 2025, with significant income from mining operations and positive outlook for the upcoming fiscal year [2][4]. Financial Highlights - The company reported revenues of $32.2 million for the year, an increase from $28.3 million in the previous year, representing a growth of approximately 10% [3]. - Income from mining operations for the year was $6.3 million, compared to $2.4 million in the previous year, indicating a substantial increase [3][4]. - The total income for the fourth quarter was $1.6 million, or $0.02 per share, while the total income for the year was $0.2 million, or $0.00 per share [4]. - Administrative expenses rose to $7.5 million for the year from $4.1 million in the previous year [3]. - The company reported total assets of $56.0 million, up from $52.0 million in the previous year [3]. Production Highlights - Gold production for the year was 8.3 thousand ounces, down from 9.4 thousand ounces the previous year, while silver production decreased to 49.3 thousand ounces from 58.0 thousand ounces [7]. - The mine operating cash cost per equivalent ounce was $1,936 for the year, compared to $1,686 the previous year [10]. - The EBITDA for the year was reported at $2.8 million, with an EBITDA margin of 8.6% [4][3]. Operational Insights - The company completed carbon circuit testing and announced recent acquisitions, which are expected to enhance operations in the coming fiscal year [2]. - The mine's gold recovery rate was 83.1% for the year, while the silver recovery rate was 53.0% [7]. Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and is involved in exploration and development projects across North America and Côte d'Ivoire [8]. - The company emphasizes corporate social responsibility and aims to increase long-term shareholder value [8].
Sierra Madre Announces Grant of Stock Options
Newsfile· 2025-07-28 23:02
Group 1 - Sierra Madre Gold and Silver Ltd. has granted stock options to employees, directors, management, and consultants, totaling 2,750,000 common shares at a price of $0.73 per share for five years [1] - The stock options will vest in a staggered manner, with 40,000 options granted to the investor relations consultant, Adelaide Capital, vesting over a year [1] - The stock option grant is subject to acceptance by the TSX Venture Exchange [1] Group 2 - Sierra Madre is focused on the Guitarra mine in Mexico and the exploration of its Tepic property, with the Guitarra mine having restarted commercial production in January 2025 [2] - The Tepic Project covers over 2,600 hectares and hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource [3] - The management team has significant experience, having collectively raised over $1 billion for mining companies [3]
Torex Gold Resources (TORX.F) Earnings Call Presentation
2025-07-28 12:00
Transaction Overview - Torex Gold is set to acquire all outstanding shares of Prime Mining, implying an equity value of $449 million (US$327 million)[19] - The transaction consideration is an exchange ratio of 0.0600 Torex common shares per Prime Mining share, representing an offer price of $2.57 per Prime Mining share based on Torex's closing price on July 25, 2025[19] - This represents a 32.4% premium based on the 30-day volume-weighted average prices of Torex and Prime Mining and an 18.5% premium based on spot prices[19] Benefits to Torex Gold Shareholders - The acquisition diversifies Torex's asset base by adding the Los Reyes project, a high-quality advanced exploration/development asset, to drive growth[20] - The Los Reyes project boasts a sizeable mineral resource, materially increasing Torex's resource base[20] Benefits to Prime Mining Shareholders - Prime Mining shareholders receive an immediate and significant premium, including a 32.4% premium to the 30-day VWAP and an 18.5% premium to spot prices[21] - Prime Mining shareholders gain participation in a high-margin, growing gold-copper company through a 10.7% ownership in the pro forma company[21] Los Reyes Project Highlights - The Los Reyes project has a multi-million ounce deposit, including a high-grade mill resource[29] - The Los Reyes project contains total indicated resources of 49.0 million tonnes with a gold grade of 0.95 g/t and a silver grade of 34.2 g/t, containing 1,491 koz of gold and 54.0 Moz of silver[30] - The Los Reyes project contains total inferred resources of 17.2 million tonnes with a gold grade of 0.97 g/t and a silver grade of 39.0 g/t, containing 538 koz of gold and 21.6 Moz of silver[30] Exploration and Development - Torex has budgeted $45 million towards drilling in 2025 (124,500 metres) across its properties[41]
Paramount Gold Receives Permit Extension from Malheur County for its Proposed Grassy Mountain Underground Mine
Globenewswire· 2025-07-28 11:00
Core Insights - Paramount Gold Nevada Corp. has received a two-year extension for its Conditional Use Permit and Sage Grouse Permit, facilitating the development of the Grassy Mountain project [1][2] - The CEO of Paramount expressed gratitude for the support from Malheur County and emphasized the company's commitment to collaborate with federal and state agencies for final permitting [2] - Paramount holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak, with Grassy Mountain being a significant gold-silver deposit [3][4] Project Details - The Grassy Mountain Gold Project spans approximately 8,200 acres and is located on private and BLM land in Malheur County, Oregon, with a positive Feasibility Study already released [3] - The Sleeper Gold Project, located in Northern Nevada, includes the former producing Sleeper mine and consists of 2,474 unpatented mining claims covering about 44,917 acres [4] - The Bald Peak Project in Nevada is drill-ready and encompasses approximately 2,260 acres [4]
Denarius Metals Announces Details for the July 31, 2025 Interest Payments on Its Convertible Unsecured Debentures
Newsfile· 2025-07-28 11:00
July 28, 2025 7:00 AM EDT | Source: Denarius Metals Corp. | | Principal Amount of Debentures (1) | Interest | Number of | Number of Shares | | --- | --- | --- | --- | --- | | (CA$) | | | Shares to | per CA$1.00 of | | | | (CA$) | be Issued (2) | Principal | | 2023 Debentures | | | | | | Total before the following | 19,521,000 | 195,210 | 375,403 | 0.019231 | | Consent Fee Debentures (3)365,560 | | 3,656 | 7,030 | 0.019231 | | Total issued & outstanding | 19,886,560 | 198,866 | 382,433 | | | 2024 Debentures ...
Best Income Stocks to Buy for July 28th
ZACKS· 2025-07-28 09:01
Group 1: Stock Recommendations - Hasbro, Inc. (HAS) has seen a 3.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 3.7%, significantly higher than the industry average of 0.0% [1] - CB Financial Services, Inc. (CBFV) has experienced an 18.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of 3.1%, compared to the industry average of 2.7% [2] - MAG Silver Corp. (MAG) has had a 17.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Additional Information - Another Zacks Rank 1 company has a dividend yield of 1.1%, which is above the industry average of 0.3% [3]
铂族金属展望:突破-Platinum Group Metals Outlook_ Breakout
2025-07-28 01:42
Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the Platinum Group Metals (PGMs) industry, specifically platinum and palladium markets, highlighting recent price movements and supply-demand dynamics [2][3][6]. Core Insights and Arguments Platinum Market - Platinum prices surged from USD 948/oz to USD 1,482/oz, indicating strong underlying fundamentals, but a market correction may be necessary [2]. - Mine supply is declining due to restructuring in South Africa and North America, with capital expenditure reductions expected to impact output through the decade [2]. - Auto demand for platinum is facing challenges from tariff concerns, declining substitution rates with palladium, and sluggish demand for petroleum vehicles as electric vehicles (EVs) gain traction [2]. - Jewelry demand for platinum is rising rapidly, becoming competitive with gold, and investor interest is increasing as platinum is viewed as a cheaper alternative to gold [2]. - The production/consumption deficit for platinum is projected to widen to over 900,000 oz by 2026, supporting high prices [2]. - Average price forecasts for platinum have been raised to USD 1,215/oz for 2025 and USD 1,445/oz for 2026 [4][11]. Palladium Market - Palladium prices have also increased, from USD 926/oz to USD 1,338/oz, but a correction is anticipated due to the rapid price rise [3]. - Auto demand for palladium is expected to decline due to the rise of EVs and sluggish auto output, while other industrial demand remains steady [3]. - The market is transitioning from wide supply/demand deficits to smaller deficits by 2026, with average price forecasts raised to USD 1,100/oz for 2025 and USD 1,135/oz for 2026 [3][4]. Supply Dynamics South African Production - South Africa remains the largest producer of platinum, but production is forecasted to decline below 4 million oz for the first time since COVID-19, with estimates of 3.892 million oz for 2025 and 3.826 million oz for 2026 [14][33]. - Operational challenges, including safety stoppages and power shortages, continue to hinder production [13][19]. - Valterra reported a 15% decrease in PGMs production due to flooding, with full-year production expected to be between 450,000-480,000 oz [15][18]. North American and Russian Production - North American output is projected to fall further, with a forecast of 231,000 oz for 2025, down from 267,000 oz in 2024 [31]. - Russian platinum supply is expected to remain stable, with minor increases anticipated despite sanctions [28][29]. Demand Trends Automotive Sector - Auto demand for platinum is projected to decline to 3.235 million oz in 2025, down from 3.410 million oz in 2024, primarily due to the rise of EVs and tariff uncertainties [42]. - The substitution of palladium for platinum in auto catalysts is nearing an end, as platinum prices have risen significantly [46]. Jewelry and Industrial Demand - Jewelry demand for platinum is recovering, with forecasts of 1.2 million oz for 2025 and 1.251 million oz for 2026, driven by high gold prices and changing consumer preferences [55][56]. - Industrial demand remains mixed, with expectations of a slight decline in chemical sector demand but potential growth in hydrogen applications [52][54]. Other Important Insights - The overall sentiment in the PGM market is cautiously optimistic, with high prices justified by supply constraints, but the potential for a market correction looms [6][11]. - Tariff concerns and economic uncertainties are significant factors influencing both supply and demand dynamics in the PGM markets [39][41].
Nord Precious Metals Closes First Tranche of Non-Brokered Private Placement and Announces Additional Private Placements
Thenewswire· 2025-07-25 22:55
Core Viewpoint - Nord Precious Metals Mining Inc. has successfully closed the first tranche of a non-brokered private placement financing, raising gross proceeds of $180,400 and plans to raise an additional $1,319,600 in the coming weeks through further issuance of units at the same price [1][4]. Financing Details - The first tranche involved the issuance of 1,503,333 units at a price of $0.12 per unit [1]. - The company plans to issue up to 10,996,667 additional units at the same price, potentially raising up to $1,319,600 [1]. - Finder's fees of $1,428 cash and 11,900 non-transferable finder warrants were paid in connection with the first tranche [2]. - Each unit consists of one common share and one share purchase warrant, with warrants exercisable at $0.155 per share for five years [3]. Flow-Through Units - The company announced a separate financing of 7,142,857 flow-through units at a price of $0.14 per unit, aiming to raise $1,000,000 [4]. - Finder's fees for this financing will be 7% cash and 7% in finder warrants, with warrants exercisable at $0.20 per share for two years [4][5]. Use of Proceeds - Proceeds from the unit private placement will be allocated for exploration on the Castle East Project in Gowganda, Ontario, as well as for general working capital and administrative costs [6]. - Funds from the flow-through unit private placement will also be directed towards exploration on the Castle East Project [6]. Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [8]. - The company's flagship Castle property includes 63 square kilometers of exploration ground and has delineated 7.56 million ounces of silver in inferred resources with an average grade of 8,582 g/t Ag [8]. - The integrated processing strategy allows for the recovery of multiple metals, including cobalt and nickel, supporting the growing demand for battery materials [9]. Strategic Assets - The company holds a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project [10].