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Americore Resources Is Pleased to Provide a Corporate Update
TMX Newsfile· 2026-02-09 13:00
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") is pleased to provide an update on activities at its 100%-owned Trinity Silver Project in Pershing County, Nevada.Drone Magnetometer surveyAll data have now been received for the recently completed drone-magnetometer survey. The survey was flown by Pioneer Exploration Consultants of Ottawa, ON. The magnetometer survey was designed to identify any ...
Capitan Silver Announces Arrival of Second Drill Rig at the Cruz De Plata Project to Test Newly Discovered High-Grade Silver Zone
TMX Newsfile· 2026-02-09 11:00
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to report that a second drill rig has arrived on site and has commenced drilling at the Company's Cruz de Plata silver-gold project in Durango, Mexico. The newly arrived core rig joins a reverse circulation ("RC") rig that is already drilling on the property.An aggressive 60,000-metre drill program is planned for Capitan's Cruz de Plata project in 2026. This will be t ...
If You'd Invested $100 in First Majestic Silver 10 Years Ago, Here's How Much You'd Have Today
The Motley Fool· 2026-02-09 07:45
Core Insights - First Majestic Silver has established itself as a leading silver mining company over the past decade, with a significant increase in silver prices contributing to its growth [1][4] - The company has a strong focus on silver, generating 57% of its revenue from silver production, the highest among its peers, and 90% from precious metals overall [3][6] - A $100 investment in First Majestic Silver a decade ago would now be worth over $610, reflecting a nearly 20% annualized return, further enhanced by dividends introduced in 2021 [4][6] Financial Performance - The current market capitalization of First Majestic Silver is $11 billion, with a current stock price of $22.00, reflecting an 8.64% increase [5][6] - The company's gross margin stands at 25.72%, and it has a dividend yield of 0.09% [6] - The stock has experienced a 52-week price range of $5.09 to $27.90, indicating significant volatility [6] Strategic Acquisitions - The acquisition of Primero Mining in 2018 added the San Dimas mine, which is projected to be the top-producing mine in 2025, producing 10.2 million ounces of silver equivalent [6] - The recent acquisition of Gatos Silver has further strengthened First Majestic's position to capitalize on rising silver prices [6][7] - The company's strategy of focusing on silver mines has significantly enhanced shareholder value over the past decade [7]
This Silver Mining Fund Looks Tempting After Huge Returns, Yet Its Income Is Broken
247Wallst· 2026-02-06 21:02
Core Insights - The Global X Silver Miners ETF (NYSEARCA:SIL) provides exposure to silver mining companies, but concerns about the sustainability of its current dividend profile have been raised [1] Group 1 - The fund focuses on silver mining companies, indicating a targeted investment strategy within the precious metals sector [1] - Current dividend profile of the fund is under scrutiny, suggesting potential issues with income reliability for investors [1]
Should You Buy the iShares Silver ETF After Its Recent 38% Crash? History Suggests It Will Do This Next.
Yahoo Finance· 2026-02-06 20:20
Silver delivered a whopping 144% return last year, and its momentum flowed into 2026, culminating in a record high of over $120 per ounce on Jan. 30. Some investors treat silver like gold, as a store of value, which they buy during times of heightened political and economic uncertainty. However, silver also has vast industrial uses that soak up a significant amount of supply each year. Many investors choose to own the iShares Silver Trust (NYSEMKT: SLV) as an alternative to physical metal. It's an exchan ...
Aftermath Silver appoints Danny Keating as COO to advance Berenguela project
Yahoo Finance· 2026-02-05 17:25
Core Insights - Aftermath Silver has appointed Danny Keating as Chief Operating Officer, enhancing the company's operational and technical leadership during a critical phase of the Berenguela project [1] - Keating brings over 30 years of experience in mining engineering, including roles in mine development and large-scale project execution [1] - The appointment is timely as recent drilling and an updated mineral resource estimate have laid a strong technical foundation for advancing engineering studies and further exploration [1] Company Leadership - Danny Keating has held senior executive positions, including CEO of Giyani Metals and leadership roles at Alufer Mining, Dynamic Mining, and Lindian Resources [1] - His background includes experience with major mining companies such as Anglo American and Gold Fields, as well as investment banking roles with Collins Stewart and ABN AMRO [1] Project Development - As COO, Keating will oversee engineering and technical studies, guiding the company through the next stage of project advancement [1] - The company is preparing to test eastern exploration targets and follow up on high-grade silver-copper-manganese intercepts, including a notable interval of 156 meters grading 290 grams per tonne silver, 1.12% copper, and 7.3% manganese [1] - Management views the current work program as the start of a transformational phase for the Berenguela project, aimed at technical de-risking and value creation [1]
Guanajuato Silver Sees Significant Growth in Resources at Valenciana
Accessnewswire· 2026-02-05 12:20
Core Insights - The inferred mineral resources of Guanajuato Silver Company Ltd. have increased by 630% to 20.3 million silver equivalent ounces [1] - This increase is attributed to 2.27 million tonnes at a grade of 142.2 grams per tonne silver and 1.55 grams per tonne gold, containing 10.4 million ounces of silver and 113 thousand ounces of gold [1] Company Information - The news release serves as a designated news release for the company's prospectus supplement dated November 28, 2024, related to its short form base shelf prospectus dated August 21, 2024 [1] - The announcement was made from Vancouver, BC, indicating the company's operational base [1]
Silvercorp Announces Project Update for El Domo
Prnewswire· 2026-02-04 22:05
Core Viewpoint - Silvercorp Metals Inc. has updated the budget and construction schedule for the El Domo Project, with the new budget set at $284 million, reflecting an increase of $44 million from the previous estimate of $240 million [2]. Budget and Cost Estimates - The updated construction budget for the El Domo Project is $284 million, which is an increase from the previous estimate of $240 million [2]. - The VAT rate has been revised from 10% ($19 million) to 15% ($35 million), resulting in a $16 million increase, which accounts for 36% of the total budget growth [3]. - Package 1 construction costs increased by $5.1 million due to design changes and additional construction requirements [3]. - Equipment and material purchases for the process plant increased by $15 million, primarily due to previously missing equipment and underestimated logistics costs [3]. - The estimated construction and installation costs for the process plant rose by $7.2 million based on actual quotes [3]. - The owner's cost increased from $30 million to $32.5 million, reflecting additional expenses and a six-month extension for the construction period [3]. - The contingency budget was reduced from 20% ($32 million) to 8% ($17 million), a decrease of $15 million, due to more accurate estimates [3]. Construction Progress - In 2025, the company spent $44.5 million, approximately 16% of the total new budget, and made significant progress in various construction packages [5]. - Over 2.6 million cubic meters of material were moved for site preparation, and 8.1 km of internal haul roads were built [5]. - The construction camp with a capacity of over 600 beds was completed and commissioned [5]. - The company achieved a 5.4% increase in copper recovery and a 6.2% increase in gold recovery through improved metallurgical processes [5]. Contracting and Bidding - The mining contract for Package 2 is expected to be executed with China Railway 19th Bureau Group Co., Ltd. on a "Unit Cost" basis, valued at $35 million for the construction phase and approximately $63 million for the operations phase over five years [7]. - The contract includes the construction and management of the Tailings Storage Facility (TSF) dam, valued at $8 million [7]. Future Plans - The processing plant's detailed engineering design is expected to be completed by early April 2026, which will initiate the bidding process for construction [8]. - The external powerline, totaling 61.3 km, is expected to be completed in 2027, with backup diesel generators ordered to ensure power availability for the commissioning of the process plant in July 2027 [8].
Silver One Announces Closing of Final Tranche of $32 Million Financing
TMX Newsfile· 2026-02-04 04:31
Core Viewpoint - Silver One Resources Inc. has successfully closed its second and final tranche of a non-brokered private placement financing, raising a total of $32,000,340 through the issuance of 55,173,000 units at a price of $0.58 per unit [1][4] Group 1: Financing Details - The second tranche involved the issuance of 1,590,000 units for gross proceeds of $922,200 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.80 for three years [2] - The total cash fee paid to finders for the entire offering amounted to $1,834,754, with no finder's warrants issued [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to various activities including drilling programs, exploration and geophysics work, metallurgical and environmental studies, and preparing a pre-feasibility study for the Candelaria Project [4] Group 3: Company Overview - Silver One is focused on the exploration and development of silver projects, holding a 100% interest in the Candelaria Mine in Nevada, which has potential for near-term production [6] - The company has staked 636 lode claims and entered into a Lease/Purchase Agreement for five patented claims on the Cherokee project, which hosts multiple silver-copper-gold vein systems [7] - Additionally, Silver One owns a 100% interest in the Silver Phoenix Project, a high-grade native silver prospect located in the Arizona Silver Belt [8]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Vizsla Silver Corp. - VZLA
Globenewswire· 2026-02-03 18:59
Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Vizsla Silver Corp regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1]. Group 1: Incident and Market Reaction - On January 29, 2026, Vizsla Silver reported a security incident at its project site in Concordia, Mexico, where ten individuals were taken [3]. - Following the incident, Vizsla Silver temporarily suspended certain activities at and near the site [3]. - The stock price of Vizsla Silver fell by $1.02 per share, or 14.87%, closing at $5.84 per share on the same day [3]. Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for the rights of victims of securities fraud and corporate misconduct [4]. - The firm has a track record of recovering multimillion-dollar damages awards for class members [4].