Core Insights - First Majestic Silver Corp. announced positive exploration results from its ongoing drilling program at the San Dimas Silver/Gold Mine in Durango, Mexico, highlighting the potential for new mineral resource discoveries [1][2] - The exploration program aims to discover new veins, expand mineral resources, and upgrade inferred mineral resources to indicated mineral resources [1][2] Drilling Highlights - Significant gold and silver mineralization was intersected in multiple veins, including the Sinaloa-Elia, Roberta, Santa Teresa, and Coronado veins [3][4] - Notable drill hole intersections include: - ELI25X-1: 3.57 m at 15.93 g/t Au and 1,112 g/t Ag - SIN25X-5: 5.17 m at 7.66 g/t Au and 495 g/t Ag - ELI25X-17: 1.06 m at 23.70 g/t Au and 578 g/t Ag - STE25X-20: 2.53 m at 9.65 g/t Au and 121 g/t Ag - ROT25X-10: 1.52 m at 6.40 g/t Au and 472 g/t Ag - COR25X-2: 2.12 m at 2.59 g/t Au and 327 g/t Ag [3][7][11] Resource Conversion and Expansion - Drilling at the Sinaloa-Elia veins confirmed the presence of mineralization below historically mined areas and successfully converted inferred mineral resources to indicated mineral resources [4][5] - The Roberta vein's expansionary drilling explored untested up-dip mineralization continuity outside current inferred mineral resources [5][6] - The Coronado vein represents a significant new target for gold and silver, with early drilling intersecting high-grade mineralization and remaining open for approximately 1 kilometer to the west [9][11] Company Overview - First Majestic operates four producing underground mines in Mexico, including the San Dimas Silver/Gold Mine, and has a portfolio of development and exploration assets [24]

Core Viewpoint - Silver Bullet Mines Corp. has commenced daily processing of high-grade silver and gold mineralized material from the Super Champ Mine in Arizona, indicating a significant operational advancement for the company [1][2]. Group 1: Production and Processing - The company is processing over six tons per hour for eight hours a day, five days a week, with plans to increase production hours by adding another shift [2]. - The head grade of the material is reported to be over 28 ounces per ton of silver, with a recovery rate of 89% [3][5]. - The concentrate grade of the Super Champ material has been announced at 530 ounces per ton of silver [3]. Group 2: Sales and Financial Arrangements - All immediate production from the Super Champ Mine is committed to a third-party buyer under a Firm Offer, which includes an initial payment of 90% of the estimated value of the concentrate [6]. - The company has entered into a strategic financing arrangement through a non-brokered private placement of Units, raising $1,120,800 at a premium price of $0.21 per Unit [10]. Group 3: Safety and Infrastructure - The company has ensured the safety of the mining operations by timbering the entire 125-foot lower adit and moving over 10,000 tons of material from the upper adit [7].

Core Viewpoint - Avino Silver & Gold Mines Ltd. is conducting its Q2 2025 earnings conference call, highlighting its financial results and operational updates for the quarter [1][2]. Group 1: Company Overview - The conference call features key company executives including President and CEO David Wolfin, CFO Nathan Harte, COO Carlos Rodriguez, and VP of Technical Services Peter Latta [4]. - The call is being recorded and is available for participants in listen-only mode [2]. Group 2: Financial Results - The financial results for Q2 2025 will be discussed, with a focus on the company's performance metrics and operational achievements during the quarter [3].

Core Insights - First Majestic Silver Corp. reported strong financial results for Q2 2025, with significant increases in production, revenue, and earnings compared to the same period in 2024 [2][11]. Financial Highlights - Silver equivalent production increased by 48% year-over-year to 7.9 million ounces, including 3.7 million silver ounces produced [2][12]. - Quarterly revenue reached a record $264.2 million, a 94% increase from $136.2 million in Q2 2024, with 54% of revenue derived from silver sales [2][11]. - Mine operating earnings were $49.4 million, up from $15.5 million in Q2 2024, driven by the addition of the Los Gatos Silver Mine [2][11]. - EBITDA for the quarter was a record $119.9 million, compared to $21.2 million in the same quarter last year [2][11]. - Net earnings were $56.6 million (EPS of $0.11), a significant turnaround from a net loss of $48.3 million (EPS of ($0.17)) in Q2 2024 [2][11]. - Adjusted net earnings were $18.4 million (adjusted EPS of $0.04), compared to an adjusted net loss of $20.4 million (adjusted EPS of ($0.07)) in Q2 2024 [2][11]. Operational Highlights - The company processed 1,003,804 tonnes of ore, a 49% increase from 674,570 tonnes in Q2 2024 [4][12]. - Cash costs per silver equivalent ounce were $15.08, slightly improved from $15.29 in Q2 2024 [5][12]. - All-in sustaining costs (AISC) decreased by 3% year-over-year to $21.02 per silver equivalent ounce [5][12]. - The company held 424,272 silver ounces in finished goods inventory as of June 30, 2025, valued at $15.3 million [5][12]. Cash Flow and Capital Position - Operating cash flow before changes in working capital and taxes was a record $114.9 million, significantly up from $23.8 million in Q2 2024 [2][11]. - Free cash flow reached a record $77.9 million, compared to $6.4 million in Q2 2024 [2][11]. - The company increased its cash position to a record $510.1 million, consisting of $384.8 million in cash and cash equivalents and $125.3 million in restricted cash [2][11]. Dividend Announcement - The company declared a cash dividend of $0.0048 per common share for Q2 2025, payable on or about September 15, 2025 [14][15].

Core Points - First Majestic Silver Corp. will host a conference call and webcast on August 14, 2025, at 8:30 a.m. PT to discuss its second quarter production and earnings results along with updated 2025 guidance [1][8] - The second quarter results will be announced before markets open on the same day and will be available on the company's website [2][8] - Participants are encouraged to dial in at least 15 minutes prior to the call to ensure timely participation [2] Company Overview - First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States [5] - The company operates four producing underground mines in Mexico: Los Gatos Silver Mine, Santa Elena Silver/Gold Mine, San Dimas Silver/Gold Mine, and La Encantada Silver Mine [5] - First Majestic also owns a minting facility, First Mint, LLC, offering a portion of its silver production for sale to the public [6]

Financial Performance - Record sales of $304 million and record adjusted EBITDA of $132.5 million were achieved in Q2 2025[22] - Net leverage ratio improved to 07x from 15x in the prior quarter[22] - The company generated $1618 million in cash from operations and a record quarterly free cash flow of $1038 million[22] - Silver accounted for 41% of Q2 2025 revenues, which totaled $297 million[33] - The Q2 silver margin was 85% of the silver price[35] Operational Highlights - 45 million ounces of silver and 45895 ounces of gold were produced in Q2 2025[22] - The silver cash cost was ($546)/oz and AISC was $519/oz, both after by-product credits[22] - Casa Berardi unit costs decreased by over $600/oz from the prior quarter[22] - Lucky Friday achieved a new quarterly milling record of 114475 tons[22] Keno Hill Strategic Shift - Keno Hill is maintained as a core portfolio asset, meeting investment hurdle rates at $25/oz silver[11] - The revised production target for Keno Hill is 440 tons per day (TPD), down from the original 550-600 TPD baseline[12] - At the 440 TPD production target, robust positive free cash flow is expected[11]

Core Insights - AbraSilver has rapidly changed the narrative of its geological district and gained international market attention with its Diablillos project [1] Company Summary - AbraSilver is positioned as a junior mining company that has made significant strides in a short period [1]

Core Viewpoint - GoGold Resources Inc. reported strong financial results for Q3 2025, with significant revenue growth driven by the Parral tailings reprocessing project, generating a net income of $8.2 million USD and revenues of $17.7 million from the sale of silver equivalent ounces [1][2][5]. Financial Performance - Revenue for the quarter ending June 30, 2025, was $17.7 million, compared to $10.4 million in the same quarter of 2024, representing a year-over-year increase of approximately 70% [3]. - The cost of sales, including depreciation, was $10.2 million for Q3 2025, up from $4.6 million in Q3 2024 [3]. - Operating income for the quarter was $4.6 million, compared to $3.6 million in Q3 2024 [3]. - Net income for the quarter was $8.2 million, a significant improvement from a net loss of $0.5 million in Q3 2024 [3]. - Basic net income per share was $0.022, compared to a loss of $0.002 per share in the same quarter of the previous year [3]. Cash Flow and Position - The company generated operating cash flow of $7 million during the quarter, exceeding expenditures at Los Ricos and corporate costs [2]. - Cash flow from operations for the nine months ending June 30, 2025, was over $20 million, compared to a cash outflow of $9.8 million in the same period of 2024 [3]. - GoGold's cash position increased to $139 million, reflecting a $61 million increase during the quarter, including $57 million from financing [5]. Production and Sales Metrics - The company sold 527,933 silver equivalent ounces during the quarter at an average realized price of $33.54 per ounce [5]. - Total production for the quarter included 201,616 silver ounces, 3,100 gold ounces, 128 copper tonnes, and 140 zinc tonnes [5]. - The adjusted all-in sustaining cost (AISC) per silver equivalent ounce was $22.78, while the adjusted cash cost per silver equivalent ounce was $17.21 [5]. Future Outlook - The company anticipates receiving a permit for the Los Ricos South project, supported by its strong cash flow generation and capital position [2].

Accessibility StatementSkip Navigation "As our development team continues to de-risk and advance Project #1 in the west, our exploration team led by Dr. Jesus Velador, has been busy compiling and analysing new data to locate additional mineralized centers across not only the original contiguous Panuco District but within Vizsla Silver's newly acquired properties situated along the emerging Western Mexico Silver Belt," commented Michael Konnert – CEO. "Since our initial discovery at Napoleon we have complete ...

Core Viewpoint - Silver Elephant Mining Corp. has signed a toll milling agreement to commence shipping silver-bearing materials from its Apuradita Paca Project in Bolivia, with shipments starting in early August 2025 [1][2]. Group 1: Toll Milling Agreement - The toll milling agreement, dated July 7, 2025, allows Silver Elephant's Bolivian subsidiary to deliver up to 10,000 tonnes of oxide and sulphide-bearing materials for treatment at a fixed toll milling fee [2]. - The agreement may be extended as more resources from Apuradita are developed, and the milling facility will produce high-grade lead-silver and zinc-silver concentrates [2][4]. Group 2: Production and Logistics - As of July 23, 2025, the company has stockpiled approximately 1,000 tonnes of silver-bearing materials, which will be transported to the Toll Milling Facility located about 180 km from Apuradita [3]. - The company aims for a near-term monthly production target of 1,000 to 2,000 tonnes of silver-mineralized materials, forecasting around 10,000 tonnes of mineralized feed for the first campaign [4]. Group 3: Metallurgical Testing - Independent metallurgical tests conducted in July 2025 confirmed that conventional flotation effectively treats materials from the Apuradita project, producing marketable concentrates that meet smelter specifications [6]. - Sulphide samples yielded a concentrate with 25,552 g/t Ag and 56.6% Pb, achieving recoveries of up to 92% silver and 87% lead [8]. - Oxide samples produced a concentrate with 14,493 g/t Ag and a recovery rate of 79.5% silver [8]. Group 4: Mining Operations - The main Apuradita tunnel has advanced approximately 175 meters, with additional branch drifts developed to access more mineralized zones [5]. - The mining method for sulphide materials will be shrinkage stoping, targeting an average extraction rate of 50 to 100 tonnes per day, with an average grade of 412 g/t Ag, 1.09% Pb, and 0.38% Zn [10]. Group 5: High-Grade Intercepts - Several high-grade intercepts within the Apuradita mineralized zone have been reported, with notable examples including: - Hole PND004: 7.78 g/t Ag over 11 meters - Hole PND008: 11.31 g/t Ag over 16 meters - Hole PND023: 26.21 g/t Ag over 32 meters [11].