Core Viewpoint - American Pacific Mining Corp. has successfully amended and staked nine new claims at its Madison Copper-Gold Project, enhancing its land control rights adjacent to historic mines and positioning the company for potential mineral discoveries [1][2][3]. Group 1: Claims and Strategic Importance - The newly staked claims cover approximately 100 acres and are strategically located near the Green Campbell gold-silver mine and Hudson and Broadway gold mines, which are significant for their historical production [2][3]. - The claims are situated along the Hudson Fault, a key geological structure known for gold and copper mineralization, providing American Pacific with a valuable opportunity for exploration [2][3]. Group 2: Historical Context and Production Potential - The Madison Project previously produced 2.7 million pounds of copper at high grades (20-35% copper) until production ceased in 2012 [7]. - Recent drilling results from the Madison Project have shown promising intersections, including 30.18 meters of 24.50 g/t gold and 0.39% copper, indicating the area's potential for high-grade mineralization [7]. - The nearby Broadway/Hudson Mines have reported total production of approximately 147,000 ounces of gold at an average grade of 9.9 g/t, further supporting the mineralization potential in the region [7]. Group 3: Company Overview - American Pacific Mining Corp. is focused on precious and base metals exploration and development in the Western United States, with the Madison Project being its flagship asset [8]. - The company has been recognized as a finalist for 'Deal of the Year' at the S&P Global Platts Metals Awards in both 2021 and 2022, highlighting its achievements in the mining sector [8].

Core Points - Excellon Resources Inc. will hold its annual and special meeting of shareholders virtually on November 18, 2025, at 10:00 a.m. Toronto time [2] - Due to disruptions in Canada Post services, there is no guarantee that shareholders will receive the meeting materials by mail before the meeting [3] - Shareholders are encouraged to access meeting materials online and vote before the proxy deadline of November 14, 2025, at 10:00 a.m. Toronto time [4] Voting Procedures - Registered shareholders can vote via internet or telephone, and if they experience delays in receiving materials, they can contact AGM Connect for assistance [5][6] - Non-registered shareholders (NOBOs) will receive materials directly, and they are also encouraged to vote online or by phone [8][9] - OBOs should contact their brokers for assistance in obtaining voting instructions [10] Share Incentive Plan - The board of directors has approved an amended and restated share incentive plan, which includes stock options and various share units, subject to shareholder approval and final acceptance by the TSX Venture Exchange [11] Company Overview - Excellon Resources Inc. focuses on acquiring and advancing quality precious and base metal assets, with a potential restart of the Mallay Silver Mine in Peru and a portfolio of exploration-stage projects [12]

Core Insights - American Pacific Mining Corp. has announced Phase II drill targets at its 100%-owned Madison Copper-Gold Project, located in the Idaho-Montana Porphyry Belt, southeast of Butte, Montana [1][2] Drilling Plans - The company has received a key drill permit and will focus on large-scale porphyry and high-grade skarn targets, utilizing decades of geological data [2] - The highest-priority holes will target beneath previously intersected copper-gold skarn zones, aiming to identify a concealed porphyry copper-gold center [3] Geological Understanding - The exploration team has improved its understanding of the source of high-grade skarns and veins at Madison, which were not well defined two years ago [4] - The upcoming drilling will focus on newly identified targets to demonstrate the full potential of the Madison Project [4] High-Grade Mineralization - Step-out holes will aim to expand known high-grade copper-gold skarn mineralization, with historical intercepts showing significant grades, including 30.18 meters of 24.50 grams per tonne gold and 0.39% copper [7] - The program will test extensions where skarn alteration remains open, particularly at lithologic contacts [7] New Structural Targets - Several new areas have been included in the drilling plan, defined by strong alteration and copper-oxide staining at the surface [8] - Shallow holes will evaluate these features as potential conduits linking upper-level skarn and vein mineralization to deeper sources [8] District-Scale Potential - The geological team has identified multiple magnetic and geochemical anomalies across the district, with one mafic intrusion returning assays of up to 38.5 g/t gold and 33 g/t silver [9] - These anomalies will be tested with shallow reconnaissance holes to assess the scale and continuity of the mineralized system [9] Project Background - The Madison Project previously produced 2.7 million pounds of copper at high grades, with significant historical drilling results [10] - Additional production from nearby mines has demonstrated a structural link to the Madison Project, indicating a broader mineralizing system [11] Company Overview - American Pacific Mining Corp. focuses on precious and base metals exploration in the Western United States, with flagship assets including the Palmer Project in Alaska and the Madison Project in Montana [12] - The company aims to grow through exploration and acquisition, having been recognized for its achievements in the mining sector [12]

Core Insights - American Pacific Mining Corp. has received a drill permit for the Madison Copper-Gold Project, allowing the company to commence drilling on high-priority targets in the Idaho-Montana Porphyry Belt [2][3] Drilling Program Details - The company has fully permitted 7 drill pads, with an additional 12 pads pending approval, aiming for a total of up to 30 holes, including two deep 900-meter tests of porphyry targets [3] - The drilling program is designed to efficiently manage surface disturbance and create flexibility for a robust district-scale drill campaign [3] Targeted Exploration Areas - The drilling will focus on porphyry potential at depth, high-grade copper-gold skarn targets, and structural extensions to expand known mineralization zones [6] - Several untested geophysical and geochemical anomalies will be evaluated, including a newly identified mafic intrusion with samples showing up to 38.5 grams per tonne gold and 33 grams per tonne silver [6] Historical Context and Production - The Madison Project previously produced 2.7 million pounds of copper at grades ranging from 20-35% copper, with significant gold grades reported in past drilling [11] - Recent drilling at nearby mines has shown substantial evidence of a structural link to the Madison Project, indicating a broader mineralizing system [11] Company Overview - American Pacific Mining Corp. focuses on precious and base metals exploration in the Western United States, with flagship assets including the Palmer Project in Alaska and the Madison Project in Montana [13] - The company aims to grow through drilling and acquisitions, and has been recognized for its achievements in the mining sector [13]

Core Viewpoint - Excellon Resources Inc. has announced a brokered private placement of common shares, aiming to raise gross proceeds of up to C$8 million through the sale of up to 40 million shares at a price of C$0.20 per share [1][2]. Group 1: Offering Details - The offering includes an option for agents to sell an additional 5 million shares, potentially raising an extra C$1 million [2]. - The net proceeds from the offering will be utilized for the development of the Mallay Mine, working capital, and general corporate purposes [2]. - The offering is expected to close around September 9, 2025, subject to regulatory approvals [5]. Group 2: Regulatory Compliance - The shares will be offered to purchasers in all Canadian provinces except Québec, under the "listed issuer financing exemption" [3]. - The shares may also be offered in the United States and other jurisdictions through private placements, adhering to applicable laws [3]. Group 3: Company Overview - Excellon Resources Inc. focuses on acquiring and advancing quality precious and base metal assets, with a particular emphasis on the potential restart of the Mallay Silver Mine in Peru [8]. - The company also holds exploration-stage projects, including the Tres Cerros Gold/Silver Exploration Property in Peru, Kilgore in Idaho, and Silver City in Germany, providing additional growth opportunities [8].

Core Viewpoint - EMX Royalty Corporation has executed an exploration royalty agreement with Galileo Resources for the Ferber polymetallic project in Nevada, allowing EMX to earn up to a 1% net smelter returns royalty through exploration and management services [2][6]. Project Overview - The Ferber Project is a copper-gold system located in eastern Nevada, with historical production of copper, lead, silver, and gold dating back to the late 1800s [3]. - Historical drilling in the 1980s-1990s showed encouraging results for gold and copper, which are favorable given current metal prices [3]. Geological Potential - Mineralization at Ferber is centered around an Eocene-age composite intrusive center, indicating potential for a porphyry copper-gold system and associated mineralization [4]. - The geological setting and hydrothermal alteration at Ferber have analogues to other significant porphyry systems in the Great Basin [4]. Agreement Details - The agreement allows EMX to earn a 1% NSR royalty through two milestones: a 0.33% NSR for target generation and an additional 0.67% NSR for managing the first phase of exploration drilling [6]. - EMX will receive a 7.5% management fee for the reconnaissance drilling program, with all exploration work funded by Galileo [6]. Future Plans - EMX plans to commence work on the Target Generation program imminently, indicating a proactive approach to advancing the Ferber Project [5]. - Should Galileo wish to extend the exploration program, further assistance from EMX would require a new agreement [7]. Business Model - This transaction exemplifies EMX's royalty generation business model, leveraging geological expertise to add value to partner-funded exploration programs in exchange for royalty interests [8].

Core Insights - EMX Royalty Corporation reported significant growth in adjusted royalty revenue and adjusted EBITDA for Q1 2025, with adjusted royalty revenue reaching $10.8 million, a 40% increase year-over-year, and adjusted EBITDA at $7.1 million, up 120% compared to the same quarter in 2024 [6][15][3] Financial Performance - Total revenue and other income for Q1 2025 was $8.4 million, compared to $6.24 million in Q1 2024, marking a 35% increase [4][15] - General and administrative costs were $2.17 million, slightly up from $2.15 million in the previous year [4] - Net income for the quarter was $1.26 million, a turnaround from a net loss of $2.23 million in Q1 2024 [4] - Cash flows from operating activities increased to $1.29 million from $1.03 million year-over-year [4][33] Key Strategic Developments - The company completed the acquisition of an additional royalty interest in the Chapi Mine, enhancing its portfolio [3][9] - EMX has maintained its 2025 guidance, projecting GEOs sales of 10,000 to 12,000 and adjusted royalty revenue between $26 million and $32 million [7] - The company repurchased and canceled 1,479,792 shares during the quarter, completing its original Normal Course Issuer Bid program [11] Capital Management - EMX's cash and cash equivalents as of March 31, 2025, were $19.2 million, with a working capital surplus of $36.1 million, indicating strong financial flexibility [6] - The company has established capital allocation goals for 2025, focusing on portfolio growth through its producing assets at Caserones and Timok [8] - A $10 million acquisition of a royalty on the Chapi Copper Mine is expected to contribute to revenue starting in 2026 [9] Production and Revenue Sources - The company sold a total of 3,756 GEOs in Q1 2025, compared to 3,696 GEOs in Q1 2024 [16][36] - Key revenue sources included Gediktepe ($4.3 million), Caserones ($3.0 million), and Timok ($1.6 million) [16][15] Future Outlook - EMX is well-positioned to identify new royalty and investment opportunities while continuing to grow its pipeline of royalty generation properties [14] - The company anticipates continued revenue growth from its producing royalty assets and other property income [14]