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Kingsmen Updates Drilling Progress at Las Coloradas Silver Project in Chihuahua, Mexico
Newsfile· 2025-08-26 12:30
Kingsmen Updates Drilling Progress at Las Coloradas Silver Project in Chihuahua, MexicoAugust 26, 2025 8:30 AM EDT | Source: Kingsmen Resources LtdVancouver, British Columbia--(Newsfile Corp. - August 26, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to update drilling progress on its 100% owned Las Coloradas silver project. The Las Coloradas project is in the Parral mining district of the Central Mexican Silver Belt, Chihuahua M ...
First Majestic Announces Positive Exploration Results at San Dimas
Newsfile· 2025-08-18 20:44
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]
Silver Bullet Mines Commences Daily Processing of Super Champ High Grade Silver/Gold in Arizona
Newsfile· 2025-08-15 12:00
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].
Avino Silver & Gold Mines Ltd. (ASM) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-08-14 17:42
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].
First Majestic Second Quarter 2025 Results Conference Call Details
Newsfile· 2025-08-07 18:30
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]
Hecla Mining pany(HL) - 2025 Q2 - Earnings Call Presentation
2025-08-07 14:00
Largest Silver Producer in U.S. and Canada SECOND QUARTER 2025 Conference Call RESPONSIBLE. SAFE. INNOVATIVE. Cautionary Statements HECLA MINING COMPANY NYSE: HL SECOND QUARTER 2025 CONFERENCE CALL Cautionary Statement Regarding Forward-Looking Statements, Including 2025 Outlook This presentation and the related news release and conference call contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1 ...
Silver Elephant Signs Toll Milling Agreement and Ready to Start Apuradita Silver-Bearing Shipments in Early August 2025
Newsfile· 2025-07-24 12:00
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].
Fortuna (FSM) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-07-17 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging [1] Group 1: Company Overview - Fortuna Mining (FSM) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the silver and gold mining sector, which is currently experiencing significant growth opportunities [3] Group 2: Earnings Growth - Fortuna's historical EPS growth rate is 19.6%, but projected EPS growth for this year is expected to be 68.5%, significantly surpassing the industry average of 33.3% [5] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Fortuna is 31.4%, which is notably higher than the industry average of -2.1% [6] - Over the past 3-5 years, Fortuna has maintained an annualized cash flow growth rate of 38%, compared to the industry average of 6.8% [7] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Fortuna, with the Zacks Consensus Estimate for the current year increasing by 10.7% over the past month [9] - This trend in earnings estimate revisions is correlated with near-term stock price movements, indicating strong potential for future performance [8] Group 5: Investment Positioning - Fortuna has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it well for potential outperformance in the market [11]
Fortuna (FSM) Upgraded to Buy: Here's Why
ZACKS· 2025-07-17 17:01
Core Viewpoint - Fortuna Mining (FSM) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][4]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, particularly due to the actions of institutional investors who adjust their valuations based on these estimates [4][5]. Recent Performance and Outlook - Fortuna's earnings estimates have been on the rise, with a 22% increase in the Zacks Consensus Estimate over the past three months for the fiscal year ending December 2025, projected at $0.78 per share [8][10]. - The upgrade to Zacks Rank 2 places Fortuna in the top 20% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [7][9]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks based on earnings estimate revisions receive a "Strong Buy" or "Buy" rating [9][10].
First Majestic Produces 7.9 Million AgEq Ounces in Q2 2025 Consisting of 3.7 Million Silver Ounces and 33,865 Gold Ounces; Announces Improved 2025 Production and Cost Guidance and Conference Call Details
Newsfile· 2025-07-08 21:54
Core Viewpoint - First Majestic Silver Corp. reported strong production results for Q2 2025, achieving 7.9 million silver equivalent ounces, a significant increase from the previous year, and has revised its 2025 production and cost guidance positively due to improved operational performance and metal prices [1][2][3]. Production Highlights - Total production in Q2 2025 reached 7.9 million AgEq ounces, consisting of 3.7 million silver ounces and 33,865 gold ounces, along with 16.1 million pounds of zinc and 9.0 million pounds of lead [1][3]. - Silver production increased by 76% year-over-year, from 2.1 million ounces in Q2 2024 to 3.7 million ounces in Q2 2025 [3]. - Silver equivalent production rose by 48% year-over-year, from 5.3 million AgEq ounces in Q2 2024 to 7.9 million AgEq ounces in Q2 2025 [3]. Operational Performance - The integration of the Los Gatos Silver Mine is progressing well, with identified synergies and opportunities [2]. - Operational performance at Santa Elena and San Dimas mines continues to meet or exceed expectations, benefiting from favorable metal prices [2]. - La Encantada is expected to improve in the second half of the year after a slower start [2]. Safety Performance - The consolidated Q2 2025 Total Reportable Incident Frequency Rate (TRIFR) was 0.52, below the target KPI of 0.70, indicating strong safety performance [4]. Mine-by-Mine Production Details - Los Gatos produced 2,436,722 AgEq ounces, including 1,524,949 ounces of silver and 706 ounces of gold, despite a weather-related power outage [6][9]. - Santa Elena produced 2,318,618 AgEq ounces, a decrease of 10% year-over-year, due to lower grade ores [12]. - San Dimas produced 2,464,029 AgEq ounces, a 17% increase year-over-year, with silver production up by 9% and gold production by 4% [12]. - La Encantada produced 628,105 ounces of silver, a 7% increase year-over-year, driven by a 20% increase in ore processed [12]. Updated 2025 Guidance - The company has increased its 2025 production guidance to 30.6 - 32.6 million AgEq ounces, a 7% increase from the original guidance [14]. - Silver production is now estimated to range between 14.8 to 15.8 million ounces, a 6% increase at the mid-point [18]. - Gold production is estimated to range between 135,000 to 144,000 ounces, a 2% increase at the mid-point [21]. - The 2025 capital budget has been increased by 7% to $193 million to support growth initiatives [24][19]. Capital Investments - The company plans to invest approximately $193 million in capital expenditures in 2025, with $76 million for sustaining activities and $117 million for expansionary projects [24]. - Key initiatives include upgrades at Santa Elena and early-stage development at the Navidad discovery [24].