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InZinc Intersects 19.1 m grading 3.3% Zn, 0.7% Pb and 7.4 g/t Ag from 30 m downhole, including 8.5% Zn, 2.1% Pb and 21.3 g/t Ag over 2.0 m - Further Expanding Shallow Mineralization at Indy Sedex Project, Central BC
Newsfile· 2025-08-21 12:50
InZinc Intersects 19.1 m grading 3.3% Zn, 0.7% Pb and 7.4 g/t Ag from 30 m downhole, including 8.5% Zn, 2.1% Pb and 21.3 g/t Ag over 2.0 m - Further Expanding Shallow Mineralization at Indy Sedex Project, Central BCAugust 21, 2025 8:51 AM EDT | Source: InZinc Mining Ltd.Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or the "Company") is pleased to report an additional four drill holes from 2025 exploration diamond drilling at its 100% ...
有色套利早报-20250821
Yong An Qi Huo· 2025-08-21 01:06
Report Overview - The report provides cross - market, cross - period, and cross - variety arbitrage tracking data for non - ferrous metals on August 21, 2025 [1][4][8] Cross - Market Arbitrage Tracking Copper - Spot price: domestic 78740, LME 9619, ratio 8.22; March price: domestic 78610, LME 9710, ratio 8.09. Spot import equilibrium ratio 8.17, profit 287.54; spot export profit - 327.67 [1] Zinc - Spot price: domestic 22160, LME 2768, ratio 8.01; March price: domestic 22250, LME 2777, ratio 6.01. Spot import equilibrium ratio 8.66, profit - 1804.06 [1] Aluminum - Spot price: domestic 20520, LME 2566, ratio 8.00; March price: domestic 20500, LME 2568, ratio 7.97. Spot import equilibrium ratio 8.46, profit - 1201.30 [1] Nickel - Spot price: domestic 118750, LME 14825, ratio 8.01. Spot import equilibrium ratio 8.25, profit - 2009.30 [1] Lead - Spot price: domestic 16550, LME 1932, ratio 8.59; March price: domestic 16755, LME 1972, ratio 11.25. Spot import equilibrium ratio 8.86, profit - 513.73 [3] Cross - Period Arbitrage Tracking Copper - Spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 260, - 280, - 280, - 310 respectively; theoretical spreads are 496, 891, 1294, 1698 [4] Zinc - Spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 20, - 35, - 40, - 45 respectively; theoretical spreads are 214, 335, 455, 576 [4] Aluminum - Spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 30, - 65, - 90, - 115 respectively; theoretical spreads are 214, 329, 443, 558 [4] Lead - Spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 85, - 70, - 40, - 20 respectively; theoretical spreads are 209, 314, 419, 525 [4] Nickel - Spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 270, - 30, 180, 420 respectively [4] Tin - 5 - 1 spread is 2810, theoretical spread is 5556 [4] Cross - Variety Arbitrage Tracking - Ratios for copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, lead/zinc in Shanghai (three - continuous) are 3.53, 3.83, 4.69, 0.92, 1.22, 0.75 respectively; in London (three - continuous) are 3.49, 3.77, 4.91, 0.92, 1.30, 0.71 respectively [8] Futures - Spot Arbitrage Tracking Copper - Spreads for current - month contract - spot and next - month contract - spot are 155 and - 105 respectively; theoretical spreads are 452 and 850 [4] Zinc - Spreads for current - month contract - spot and next - month contract - spot are 125 and 105 respectively; theoretical spreads are 179 and 298 [5] Lead - Spreads for current - month contract - spot and next - month contract - spot are 275 and 190 respectively; theoretical spreads are 205 and 316 [5]
Silver Dollar Exercises Option on Government Gulch Portion of Ranger-Page Project
Newsfile· 2025-08-20 12:00
Core Viewpoint - Silver Dollar Resources Inc. has successfully exercised its option to acquire a 75% interest in the Government Gulch portion of the Ranger-Page Project, a significant mining area in the Coeur d'Alene Mining District, known for its high production of silver, lead, and zinc [2][4]. Company Summary - Silver Dollar Resources Inc. is focused on mineral exploration in North America's prominent mining regions, particularly Idaho's Silver Valley and the Durango-Zacatecas silver-gold belt [8]. - The company has a portfolio that includes advanced-stage projects like Ranger-Page and La Joya, as well as the early-stage Nora project [8]. - Silver Dollar's largest shareholder is renowned mining investor Eric Sprott, indicating strong financial backing [8]. Project Details - The Ranger-Page Project encompasses six historic mines and is strategically located near Interstate 90, providing year-round access to essential resources and infrastructure [7]. - The company has incurred over US$1,210,000 in exploration expenditures on the Government Gulch property, in addition to a payment of US$250,000 to the optionor [2][3]. - Silver Dollar has the option to acquire the remaining 25% interest in the Government Gulch property through negotiations or predetermined payment options [3]. Future Plans - If the company does not exercise the Second Option by December 31, 2025, a joint venture will be formed, with Silver Dollar acting as the operator [4]. - The Government Gulch Agreement includes provisions for dilution of interests if a joint venture participant does not contribute its proportionate share of expenses [4][6].
Drilling Underway at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-08-15 12:00
Core Viewpoint - Silver North Resources Ltd. has launched its 2025 exploration program at the Haldane Silver Property, aiming to expand on previous discoveries and assess the potential for high-grade silver-lead-zinc mineralization [1][2]. Exploration Program Details - The 2025 program includes plans for 10 drill holes totaling approximately 2,500 meters, focusing on the newly identified Main Fault target [1][2]. - The initial drilling will test the continuity of mineralization approximately 60 meters down dip from the 2024 intersections, with additional holes planned to assess strike and depth continuity [2][4]. - The program is expected to be completed by the end of October 2025 [3]. Mineralization Highlights - Previous drilling at the Main Fault has revealed high-grade mineralization, including intersections of 1.83 meters at 1,088 g/t silver and wider zones such as 5.8 meters at 365 g/t silver [2][4]. - The Main Zone has demonstrated strong potential with high grades and large widths of mineralization, indicating a promising area for further exploration [2]. Company Background - Silver North Resources Ltd. owns the Haldane Silver Project, located adjacent to Hecla Mining's Keno Hill Mine, and is also involved in other projects in the Silvertip/Midway District [7]. - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under "TARSF" [8].
tango ORE(CTGO) - 2025 Q2 - Earnings Call Presentation
2025-08-14 17:00
Company Overview - Contango Ore Inc is traded on NYSE American under the ticker CTGO[1,15] - The company has a market capitalization of $280 million[15] - Contango has $36.9 million in cash, $20 million in convertible debentures, and $23.1 million in debt[17] Manh Choh Mine (30% Ownership) - The mine started production in Q3 2024[26,60] - 2025 gold production is estimated to be approximately 60,000 GEO (Gold Equivalent Ounces)[26,60] - The Life of Mine (LOM) free cash flow is estimated at approximately $320 million at a gold price of $2,800/oz[26,60] - Contango's share of cash distributions received from Peak Gold JV was $30 million in Q2 2025 and $54 million Year-To-Date 2025[38] Lucky Shot Mine (100% Ownership) - The current resource is 110,000 GEO at 14.5 g/t[26,60] - The company aims to develop 400,000-500,000 GEO resource within 2-3 years[26,60] - Initial production target is 30,000 – 40,000 GEO annually[26,60] Johnson Tract Project (100% Ownership) - The current resource is 1.1 million GEO at 9.4 g/t[26,60] - The goal is to complete permitting in 2 years and start production in 5 years, targeting 100,000 GEO annual production[26,60] - The Initial Assessment released in May 2025 shows a Post-Tax NPV5 of $224.5 million and a 30.2% IRR with a 7-year LOM and a 1.3-year discounted payback period[26,60]
Nova Pacific Reports Strong Intercepts Including 2.5 g/t AuEq Over 10 m, 4.0 g/t AuEq Over 6.05 m, and 1.7 g/t AuEq Over 12 m at Lara VMS Project on Vancouver Island, B.C.
Newsfile· 2025-08-14 12:30
Core Viewpoint - Nova Pacific Metals Corp. has reported strong assay results from its Phase 1 exploration drilling campaign at the Lara VMS Project, indicating potential for significant mineralization and supporting the historical drilling data [1][3][6]. Summary by Sections Exploration Results - The company completed 41 drill holes totaling 8,660 meters, with results from 23 holes reported and assays pending from 16 holes [6][19]. - Notable intercepts include: - NP25-029: 10 m grading 2.5 g/t AuEq from 100 m downhole [5]. - NP25-027: 6.05 m grading 4.0 g/t AuEq from 45.45 m downhole [5]. - NP25-022: 12 m grading 1.7 g/t AuEq from 166 m downhole [5]. - The results validate the company's exploration model and provide geological insights for further mineralization opportunities [7][19]. Future Plans - The company anticipates strong news flow as it progresses towards a mineral resource estimate targeted for Q4 2025 [3][19]. - Assays from 16 additional drill holes are pending, including step-out holes designed to test extensions beyond known mineralization [4][16]. Geological Context - The Lara Project is located within a 17-km belt of the McLaughlin Ridge Formation, which is associated with the past-producing Myra Falls VMS Mine [1][20]. - The exploration program aims to verify historical drilling data across 39,092 m of drilling to support a current mineral resource estimate [19][20]. Community Engagement - The company is committed to early and meaningful engagement with Indigenous communities, recognizing their rights and aiming for mutually beneficial partnerships [26][27]. Company Overview - Nova Pacific Metals Corp. is focused on advancing the Lara VMS Project, which hosts a significant historical mineral resource enriched with critical and precious metals [28].
Respected VMS Expert, Economic Geologist Dr. Stephen Piercey Joins Callinex's Technical Team
GlobeNewswire News Room· 2025-08-14 12:30
Company Overview - Callinex Mines Inc. has appointed Dr. Stephen Piercey, an experienced geologist with over 25 years in volcanogenic massive sulphide (VMS) deposits, to its technical team [2][3] - The company is advancing the Point Leamington Project, which is noted as one of the higher tonnage VMS deposits in the Newfoundland Appalachians [3][9] Key Appointments and Contributions - Dr. Piercey has already provided oversight on regional exploration opportunities and facilitated mineralogical testing to enhance the understanding of the Point Leamington deposit [3] - His expertise is expected to significantly bolster the company's focus in Newfoundland and contribute to the next stages of exploration and evaluation [3][7] Awards and Recognition - Dr. Piercey received the Duncan R. Derry Medal in 2023, the highest award from the Mineral Deposits Division of the Geological Association of Canada, recognizing his contributions to economic geology [4][5] - He has also been honored with multiple awards, including the W.W. Hutchinson Medal and the Geoscientist of the Year by the Canadian Institute of Mining, Metallurgy and Petroleum [5][6] Mineral Resource Estimates - The Point Leamington Deposit has a prepared pit constrained Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq [9] - An Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq is also reported, amounting to 986,500 ounces AuEq [9] - The Rainbow deposit at the Pine Bay Project has an indicated mineral resource of 3.44 million tonnes grading 3.59% CuEq, totaling 272.4 million pounds CuEq [9] Strategic Focus - Callinex Mines is focused on utilizing modern integrated exploration approaches to drive resource growth at the Point Leamington project [7] - The company is also permitting the Rainbow deposit, which is located near existing infrastructure in the Flin Flon Mining District [9]
Americas Gold and Silver(USAS) - 2025 Q2 - Earnings Call Transcript
2025-08-11 15:00
Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $27 million, down from $33 million in Q2 2024, attributed to lower zinc and lead production as the company focused on EC120 development [22] - Silver sales increased with a realized price of $34.22 per ounce, and the company produced 689,000 silver ounces, a significant increase from previous quarters [22][23] - The net loss was $15 million, up from $4 million in Q2 2024, driven by investments in the Galena mine and the transition to EC120 [23] Business Line Data and Key Metrics Changes - At Galena, silver production reached 420,000 ounces, a 34% increase quarter-over-quarter, due to operational enhancements and new equipment [12][15] - Cozola in Mexico saw a 103% production increase over Q1, contributing 269,000 silver ounces in Q2, reflecting successful execution in transitioning to high-grade silver copper EC120 [13][19] Market Data and Key Metrics Changes - 82% of the company's revenue came from silver, surpassing the short-term goal of over 80% exposure to silver by 2025, indicating progress in the silver-focused strategy [27] Company Strategy and Development Direction - The company aims to maximize asset value through disciplined execution and strategic investment, focusing on equipment upgrades and exploration efforts [5][6] - A $100 million senior secured debt facility was closed to support growth strategies, particularly at the Galena complex [6][11] - The introduction of long hole stoping is expected to enhance safety, productivity, and cost efficiency in mining operations [8][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, highlighting operational, explorational, and metallurgical breakthroughs [30] - The company is well-positioned to meet its 2025 goals, with a strong balance sheet and ongoing development programs [13][31] Other Important Information - The company announced a share consolidation, exchanging every 2.5 shares for one, aimed at enhancing stock investability and liquidity [28] Q&A Session Summary - No specific questions and answers were provided in the content, thus this section is not applicable.
Silvercorp Metals(SVM) - 2026 Q1 - Earnings Call Transcript
2025-08-08 17:00
Financial Data and Key Metrics Changes - The company reported revenues of $81 million, a 13% increase from the previous year [4] - Cash flow from operating activities reached a record $48 million, up 21% year-over-year [4] - Net income for the quarter was $18.1 million, or $0.08 per share, down from $21.9 million or $0.12 per share in 2025 [5] - Adjusted net income was $21 million or $0.10 per share, compared to $20.6 million or $0.11 per share in the prior year [5] - The cash position at the end of the quarter was $377 million, an increase of $8 million from March [6] Business Line Data and Key Metrics Changes - Silver sales increased by 595%, while gold sales rose by 1245% compared to Q1 of last year [4] - Silver contributed 66% of Q1 revenue, lead contributed 18%, and gold contributed 7% [4] - Production of silver was approximately 1.8 million ounces, gold was just over 2,000 ounces, lead was 16 million pounds, and zinc was 5 million pounds [7] - Production costs averaged $83 per tonne at Ying, down 8% from last year [7] - Consolidated cash cost per ounce of silver was $1.11, compared to a negative $1.67 in the prior year [8] Market Data and Key Metrics Changes - The company disclosed a potential production shortfall of 20% to 25% for the current quarter due to regulatory delays following a fatal accident [11] - The company is awaiting regulatory sign-off to resume production in certain closed areas [11] Company Strategy and Development Direction - The company is focused on building a larger and more diversified mining company, with ongoing projects at Aldomo and Condor [23] - Investments in ramp and tunnel development at Ying are aimed at enhancing underground access [12] - The company plans to complete a Preliminary Economic Assessment (PEA) for the Condor gold project by year-end [14] Management's Comments on Operating Environment and Future Outlook - Management expressed commitment to safety and is implementing changes based on recommendations from a government investigation following a fatal accident [10][12] - The company is cautious about the potential impact of the production shortfall on future guidance [19] - Management indicated that adjustments to mine plans will be made for the current quarter and the rest of the year [19][34] Other Important Information - The company invested over $18 million in operations in China and $7.6 million in Ecuador during the quarter [6] - A lawsuit seeking to void the environmental license for the Al Domo project was dismissed by the local court [14] Q&A Session Summary Question: Is Silver Corp continuing to work with the contractor involved in the incident at Ying? - The contractor will continue to be used at various locations, but the individual responsible has been dismissed [18] Question: Will there be an increase in cash costs due to the production shortfall? - It is too early to determine the exact impact on cash costs, but adjustments to mine plans will be made [19] Question: What percentage of overall operating costs are fixed at Ying? - The company needs to revisit the analysis as it has been a while since it was last conducted [20] Question: Will the Kupangyang mine be consolidated under Ying? - Kupangyang is a separate mining operation but will contribute to overall corporate production [21] Question: What can be done to close the valuation gap with peers? - The company is focused on building a diversified mining company, which should help close the gap over time [23] Question: What is the current status of construction at Al Domo? - Construction is progressing well, with expectations for a significant ramp-up in tons moved starting in August [30] Question: When will the company draw down on the stream proceeds? - The company anticipates drawing down towards the end of the current quarter or early next quarter [32] Question: Is the company still comfortable with its production guidance? - It is too early to address guidance adjustments, and the company will assess the true impact of production issues [34]
SILVERCORP REPORTS ADJUSTED NET INCOME OF $21.0 MILLION, $0.10 PER SHARE, AND CASH FLOW FROM OPERATING ACTIVITIES OF $48.3 MILLION FOR Q1 FISCAL 2026
Prnewswire· 2025-08-07 21:05
Core Viewpoint - Silvercorp Metals Inc. reported its financial and operational results for Q1 Fiscal 2026, showing a 13% increase in revenue but a decline in net income and earnings per share compared to the previous year [2][6][8]. Financial Results - Revenue for Q1 Fiscal 2026 was $81.3 million, up 13% from $72.2 million in Q1 Fiscal 2025, driven by increased production and higher selling prices for silver and gold [4][6]. - Mine operating earnings decreased by 2% to $35.8 million, while net income attributable to equity holders fell by 17% to $18.1 million, or $0.08 per share [4][8]. - Adjusted earnings attributable to equity holders increased by 2% to $21.0 million, or $0.10 per share, after excluding certain charges [4][9]. - EBITDA attributable to equity holders was $33.8 million, down 9% from the previous year [4][9]. Operational Results - The company produced approximately 1.8 million ounces of silver and 2,050 ounces of gold, with silver equivalent production reaching 2.0 million ounces, representing increases of 6% and 79% respectively [12][15]. - The average selling price for silver rose by 12% to $29.54 per ounce, while gold prices increased by 45% to $2,876 per ounce [4][6]. - Cash cost per ounce of silver increased significantly to $1.11, compared to negative $1.67 in Q1 Fiscal 2025, while all-in sustaining cost per ounce of silver rose by 37% to $13.49 [4][13]. Cash Flow and Expenditures - Net cash generated from operating activities was $48.3 million, a 21% increase from $39.9 million in Q1 Fiscal 2025 [4][9]. - Free cash flow decreased slightly to $22.5 million from $23.6 million in the previous year [10]. - Total capital expenditures in Q1 Fiscal 2026 were $24.2 million, up 23% from $19.7 million in Q1 Fiscal 2025, with significant investments in exploration and development [18]. Safety Incident - A fatality occurred involving a worker at the HZG mine, leading to an investigation and temporary closure of certain mining areas, which may result in a production shortfall of 20-25% for the current quarter [16].