Core Viewpoint - Minaurum Gold Inc. has appointed Mr. Ruben Molina as Senior Project Manager for the Alamos Silver Project, enhancing its exploration capabilities in silver mining [1][4]. Company Developments - Mr. Molina has a strong background in Mexican silver exploration, previously serving as a Senior Resource Modeler for SilverCrest Metals, which was acquired by Coeur Mining for $1.7 billion [1][8]. - Three additional experienced geologists from SilverCrest Metals will join Mr. Molina, bringing a total of 39 years of exploration and resource evaluation experience to the Alamos project [2]. Team Expertise - The team has collectively participated in over 500,000 meters of drilling across various exploration programs, contributing to the development of significant silver-gold deposits [3]. - Mr. Molina's previous roles included critical contributions to drill-target generation, resource modeling, and geological interpretation, showcasing his expertise in the field [3]. Strategic Impact - The appointment of Mr. Molina and his team is expected to significantly advance the geological understanding and drill targeting at the Alamos Silver Project, particularly with the recent identification of a stacked vein system [4].

Core Viewpoint - Prime Mining Corp. has successfully exercised 97% of its $1.10 warrants, increasing its cash balance to approximately $33 million, which will support the advancement of the Los Reyes gold-silver project in Mexico [1][2]. Financial Position - The company's cash position is now approximately $32.9 million, enabling it to deliver a Preliminary Economic Assessment (PEA) in Q3 2025 and advance technical programs through the end of 2026 [2]. Exploration Plans - The company plans to continue its exploration efforts to identify new targets, expand existing resources, and conduct infill drilling, including geological mapping and geochemical sampling [3]. Drilling and Security Situation - Drilling was paused due to security concerns in Sinaloa, but the company expects to resume a minimum 40,000 meters of drilling within 12 months once conditions improve [4]. Project Activities - Planned activities for fiscal 2025 include extending high-grade mineralization in various areas, completing the PEA, and engaging with local communities through educational and infrastructure programs [6][8]. Resource Estimates - The Los Reyes project has a significant resource base, with over 49 million tonnes indicated at an average gold grade of 0.95 g/t and silver grade of 34.2 g/t, based on a $1,950/oz gold price and $25.24/oz silver price [9][10]. Historical Context - Historically, the Los Reyes area has produced an estimated 1 million ounces of gold and 60 million ounces of silver from previous operations between 1770 and 1990 [11]. Technical and QA/QC Procedures - The company employs rigorous QA/QC protocols for sampling and analysis, ensuring the integrity of its geological data and resource estimates [12][13][14].

Core Insights - Pan American Silver Corp. (PAAS) is acquiring MAG Silver Corp. (MAG) in a $2.1 billion deal to enhance reserves and cash flows, solidifying its position in the silver mining industry [1][10] - The acquisition is expected to significantly boost PAAS' production and reduce costs, particularly through the Juanicipio project [3][5] Acquisition Details - MAG Silver's 44% stake in the Juanicipio project is a key asset, known as the world's largest-scale, highest-grade, and lowest-cost primary silver mine [3] - The deal has received approval from the boards of both companies and is pending regulatory approvals, including antitrust clearance from Mexican authorities [2] Production and Financial Impact - Juanicipio is forecasted to produce 14.7-16.7 million ounces of silver in 2025, with PAAS' share translating to approximately 6.5–7.3 million ounces [4] - This addition will complement PAAS' guided 2025 production of 20–21 million ounces, excluding Juanicipio [4] - The acquisition is expected to add 58 million ounces to PAAS' proven and probable silver reserves, which were 468 million ounces as of June 30, 2024 [6] - Juanicipio is projected to contribute $98 million in free cash flow to PAAS this year, with an expected growth of 23% over the next three years [6][10] Market Position and Performance - The combined market capitalization of PAAS and MAG Silver will be around $12.6 billion, surpassing competitors like First Majestic and Coeur Mining [8] - Year-to-date, PAAS shares have gained 41.8%, outperforming the industry's growth of 34.8% [9] Earnings Estimates - The Zacks Consensus Estimate for PAAS' earnings for 2025 is $1.47 per share, indicating a year-over-year surge of 86% [13] - The estimate for 2026 is $1.89, reflecting an increase of 28.7% [13]

Core Viewpoint - Hycroft Mining Holding Corporation has announced an underwritten offering of 12,500,000 units at a price of $3.50 per unit, aiming to raise approximately $43.75 million for exploration and working capital [1][2]. Group 1: Offering Details - Each unit consists of one share of common stock and one-half of a common stock purchase warrant, with each whole warrant exercisable at $4.20 per share for 36 months [1]. - The offering is expected to close on June 13, 2025, subject to customary closing conditions [2]. - The underwriters have a 30-day option to purchase an additional 1,875,000 units at their discretion [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for further exploration, working capital, and general corporate purposes [2]. Group 3: Company Background - Hycroft Mining Holding Corporation is focused on developing the Hycroft Mine, one of the largest precious metals deposits in northern Nevada, transitioning to commercial operations for processing sulfide ore [5]. - The company is also engaged in a robust exploration drill program to expand high-grade silver systems and unlock the full potential of its assets [5].

Core Viewpoint - Hycroft Mining Holding Corporation is proposing a public underwritten offering of units for gross proceeds of approximately $40 million, which will consist of common stock and warrants [1][3]. Group 1: Offering Details - The offering will include units comprised of one share of common stock and one-half of a common stock purchase warrant, with each whole warrant exercisable for one share of common stock [1]. - The net proceeds from the offering will be utilized for further exploration, working capital, and general corporate purposes [2]. - The offering will be priced based on market conditions, with a 30-day option for underwriters to purchase an additional 15% of the base offering [3]. Group 2: Regulatory and Procedural Aspects - The offering is being conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [4]. - A preliminary prospectus supplement will be filed with the SEC, detailing the terms of the offering [4]. Group 3: Company Overview - Hycroft Mining Holding Corporation is focused on developing the Hycroft Mine, one of the largest precious metals deposits in northern Nevada, transitioning to commercial operations for processing sulfide ore [6]. - The company is engaged in exploration drilling to expand high-grade silver systems and unlock the full potential of its mining assets [6].

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. The base shelf prospectus is accessible, and the prospectus supplement and any amendment to the foregoing documents will be accessible within one business day, on SEDAR+. MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Company”) is pleased to announce that as a result of excess demand, it has entered into an amended agreement pursuant to which Desjardi ...

Core Viewpoint - Aya Gold & Silver Inc. has announced a bought deal offering of 7,491,000 common shares at a price of $13.35 per share, aiming to raise gross proceeds of approximately $100 million [2][3]. Group 1: Offering Details - The offering is being managed by Desjardins Capital Markets as the sole bookrunner, along with a syndicate of underwriters including National Bank Financial Inc. and BMO Capital Markets [2]. - An over-allotment option has been granted to the underwriters to purchase an additional 15% of the shares, which could raise an additional $15 million if fully exercised, bringing total proceeds to approximately $115 million [3]. - The closing date for the offering is scheduled for around June 19, 2025, pending necessary approvals [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance exploration programs at Boumadine and Zgounder Regional, as well as for working capital and general corporate purposes [4]. Group 3: Company Overview - Aya Gold & Silver Inc. is a rapidly growing silver producer based in Canada, operating the high-grade Zgounder Silver Mine in Morocco [9]. - The company is focused on maximizing shareholder value through sustainable practices in its operations and financial growth plans [10].

Summary of Gold Royalty Conference Call Company Overview - **Company**: Gold Royalty - **Industry**: Mining and Royalty Sector - **IPO**: March 2021 with an initial collection of 18 royalties, now expanded to over 240 royalties [4][6] Key Points Portfolio Growth and Strategy - Gold Royalty has significantly diversified its portfolio, now holding royalties on three of the five largest gold mines in North America [5][6] - The company has transitioned from 18 royalties at IPO to over 240, with seven currently cash flowing and 14 in various stages of construction [6][7] - The focus has been on acquiring cash-flowing and near cash-flowing royalties to enhance revenue growth [5][6] Financial Performance - The company achieved positive operating cash flow for the first time last year and is now entering a phase of positive free cash flow [6][7] - Expected revenue growth of 367% from 2024 to 2029, with 85% of this growth coming from mature operations [68][69] - The company is currently in a "harvest mode," focusing on deleveraging and generating free cash flow per share [14][68] Market Conditions and Challenges - The gold sector has faced devaluation due to rising interest rates, impacting acquisition strategies [10][14] - The market is currently waiting for proof of concept on large-scale mines that are expected to achieve design production rates this year [13][14] - Exploration activities have slowed due to a lack of capital access for junior miners, affecting earlier stage royalties [39][40] Competitive Landscape - The royalty sector is characterized by a few large players (mega-cap companies) and many small-cap companies struggling for relevance [24][25] - Gold Royalty aims to capture the mid-cap space, which is seen as a "Goldilocks zone" for growth and institutional relevance [28][30] - The company has absorbed smaller competitors to eliminate redundant costs, achieving significant G&A savings [31][33] Future Outlook - The company is optimistic about several projects, including Cote, Varus, and Boubarema, which are expected to contribute to revenue growth [68][69] - The management team has extensive industry experience, which is leveraged for growth through M&A, royalty financing, and organic royalty generation [15][16][18] - The company is focused on maintaining a strong portfolio in top-rated mining jurisdictions, with over 80% of its assets located in Nevada, Quebec, and Ontario [19][23] Additional Insights - The company has a unique model that allows it to generate new royalties organically without significant capital outlay [18][37] - The correlation between gold prices and all-in sustaining costs remains strong, with current market conditions affecting producer valuations [100][105] Conclusion Gold Royalty is positioned for significant growth with a diversified portfolio and a focus on cash-flowing assets. The company is navigating market challenges while maintaining a strong outlook for future revenue and operational success.

Coeur Mining (CDE) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this silver mining company, should get reflected in its stock price. After all, empirical research shows a strong correlation bet ...

Core Viewpoint - Aftermath Silver Ltd. has made a partial payment of US$1.5 million towards the acquisition of the Berenguela silver-copper-manganese project in Peru, ahead of the due date, which has resulted in a reduced balance owed to EMX Royalty Corp. [3][5] Group 1: Financial Transactions - The company has an option to acquire a 100% interest in the Berenguela project through agreements with SSR Mining Inc. and EMX Royalty Corp. [2] - Aftermath Silver's payment obligations total US$13 million, with the remaining payments summarized as follows: US$3 million paid on May 15, 2025; US$1.5 million paid in June 2025; and US$1.65 million due in November 2026 [5][7]. - A sliding-scale NSR royalty will be applied to all mineral production from the project, starting at 1.0% when silver prices are up to US$25 per ounce, and increasing to 1.25% when silver prices exceed US$25 and copper prices are above US$2 per pound [7]. Group 2: Project Development - The company is focusing on the Berenguela project and expects an updated NI43-101 mineral resource estimate to be completed soon [4]. - Recent drilling in the eastern part of Berenguela intersected 153 meters of mineralization, including 1.12% copper, 290 g/t silver, and 7% manganese [4]. Group 3: Company Background - Aftermath Silver is a Canadian junior exploration company focused on silver, aiming to deliver shareholder value through the discovery, acquisition, and development of quality silver projects in stable jurisdictions [9]. - The company has developed a pipeline of projects at various stages of advancement, selected based on growth and development potential [9].