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Avino's Q3 Results Demonstrate Production Consistency and Advancement of La Preciosa Ahead of Schedule
Accessnewswire· 2025-10-14 10:45
VANCOUVER, BC / ACCESS Newswire / October 14, 2025 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) a long-standing silver producer in Mexico , reports production has remained strong during the quarter, with 580,780 silver equivalent ounces, reflecting steady operational performance, although slightly lower than the previous quarter due to normal mine sequencing. ...
Pacifica Silver Identifies New Extensions to Mineralized Veins at Claudia Silver-Gold Project; Provides Phase I Drill Program Update
Newsfile· 2025-10-09 12:00
Pacifica Silver Identifies New Extensions to Mineralized Veins at Claudia Silver-Gold Project; Provides Phase I Drill Program UpdateOctober 09, 2025 8:00 AM EDT | Source: Pacifica Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") has identified several new high-priority drill targets at its 100% owned Claudia Silver-Gold Project located in Durango State, Mexico, based on assay results of ...
AbraSilver Announces $43.4 Million “Bought Deal” Life Private Placement to Advance Diablillos Project
Globenewswire· 2025-10-06 20:58
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- AbraSilver Resource Corp. (TSX: ABRA) (“AbraSilver” or the “Company”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and Beacon Securities Limited, acting as co-lead underwriters and co-bookrunners, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed ...
Sierra Madre Announces Nazareno Silver and Gold Mine Preparing for Production
Newsfile· 2025-09-30 11:00
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that underground development has started at the Nazareno silver and gold mine within the La Guitarra silver-gold complex in Estado de Mexico, Mexico. To date, over 700 tonnes of mineralized material have been delivered to the Guitarra processing plant from Nazareno. This material was not included in the Mineral Resource Est ...
Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project
Prnewswire· 2025-09-05 07:15
Core Viewpoint - Vizsla Silver Corp. has secured a mandate letter with Macquarie Bank for a senior secured project finance facility of up to US$220 million to fund the Panuco silver-gold project in Sinaloa, Mexico [1][4]. Financing Details - The facility will be arranged by a syndicate of banks, with Macquarie holding a 70% interest and managing the remaining 30% [2]. - An initial US$25 million early-drawdown tranche may be accessed for early development and working capital, with the remaining funds contingent on customary conditions [3]. - The expected interest cost for the facility is approximately 10% during construction and below 10% post-completion, with a margin of 5.75% and 5.25% respectively [3]. Project Development - The Panuco project is a high-grade silver-gold discovery covering 7,189.5 hectares, with significant existing infrastructure [8]. - The project has an estimated in-situ combined measured and indicated mineral resource of 222.4 million ounces of silver equivalent (AgEq) and an inferred resource of 138.7 million ounces AgEq [10]. - A Preliminary Economic Study indicates an annual production of 15.2 million ounces AgEq over an initial mine life of 10.6 years, with an after-tax NPV of US$1.1 billion and an 86% IRR [11]. Strategic Partnerships - The partnership with Macquarie is seen as a significant step towards de-risking the Panuco project and facilitating its transition into production [4]. - The selection of Macquarie was based on competitive terms and alignment with the project's development timeline [4]. Operational Progress - The Morgan test mine is providing evidence of the technical capabilities and operational discipline of the Vizsla team, validating key assumptions for the feasibility study [5]. - The company is on schedule with key de-risking milestones, positioning itself for a seamless transition into construction [4].
Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project
Prnewswire· 2025-09-05 07:15
Core Viewpoint - Vizsla Silver Corp. has secured a senior secured project finance facility of up to US$220 million with Macquarie Bank to fund the construction and development of the Panuco silver-gold project in Sinaloa, Mexico [1][4]. Financing Details - The facility will be arranged by a syndicate of banks, with Macquarie holding a 70% interest and managing the remaining 30% [2]. - An initial US$25 million early-drawdown tranche will be available for immediate funding, with the remaining balance contingent on customary conditions [3]. - The expected interest cost during construction is approximately 10%, with a margin of 5.75%, and below 10% post-completion with a margin of 5.25% [3]. Project Overview - The Panuco project is a high-grade silver-gold discovery covering 7,189.5 hectares, with over 86 kilometers of vein extent and existing infrastructure [8]. - The project has an updated mineral resource estimate of 222.4 million ounces of silver equivalent (AgEq) in measured and indicated resources, and 138.7 million ounces AgEq in inferred resources [10]. Company Strategy - Vizsla aims to become a leading silver company by advancing the Panuco project while continuing district-scale exploration [11]. - The company has received significant interest from multiple banks and alternative lenders, ultimately selecting Macquarie for its attractive cost of capital and alignment with the project timeline [4]. Development Progress - The Morgan test mine is providing evidence of the company's technical capabilities and operational discipline, validating assumptions for the feasibility study [5]. - The closing of the financing facility is targeted for Q1 2026, aligning with the broader project development schedule [6].
VIZSLA SILVER PROVIDES UPDATE ON AT-THE-MARKET EQUITY PROGRAM
Prnewswire· 2025-04-28 13:20
Core Viewpoint - Vizsla Silver Corp. has updated its at-the-market equity program to offer and sell up to US$200 million of common shares to the public, aimed at strengthening its balance sheet and advancing the Panuco Project [1][2]. Group 1: Equity Program Details - The updated ATM Program allows the company to sell common shares through designated agents on various stock exchanges, including the Toronto Stock Exchange and NYSE American [2][3]. - The sales will be conducted at the market price prevailing at the time of each sale, providing flexibility to the company [2]. - The program will remain effective until either all shares are sold or the base shelf prospectus ceases to be effective [5]. Group 2: Use of Proceeds - The net proceeds from the ATM Program will be utilized for ongoing work programs to advance the Panuco Project, as well as for working capital and general corporate purposes [4]. Group 3: Company Background - Vizsla Silver is a Canadian mineral exploration and development company focused on the Panuco silver-gold project in Sinaloa, Mexico, which is 100% owned by the company [10]. - A Preliminary Economic Study for the Panuco Project indicates an annual production of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years, with an after-tax NPV of US$1.1 billion and an IRR of 86% [11].