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American Pacific Mining and ICG Silver & Gold Complete Plan of Arrangement for the Sale of the Tuscarora District
TMX Newsfile· 2026-03-25 11:00
Core Viewpoint - American Pacific Mining Corp. has successfully completed the sale of its Tuscarora and Danny Boy projects to ICG Silver & Gold Ltd., marking a strategic shift for both companies as they focus on their respective strengths and opportunities in the mining sector [1][2]. Company Overview - American Pacific Mining is focused on precious and base metals exploration and development in the Western United States, with its flagship asset being the Madison Copper-Gold Project in Montana [8]. - ICG Silver & Gold Ltd. is a new mineral exploration and development company that aims to advance the Tuscarora District, a significant silver-gold epithermal system located in northern Nevada [10]. Transaction Details - The sale involved American Pacific transferring 100% of the Tuscarora District to ICG in exchange for 11,500,000 common shares of ICG and a contingent payment of US$5 million upon achieving commercial production [2][5]. - APM Shareholders received approximately 0.0283 of an ICG Distribution Share for each APM Share held, with 7,500,000 shares distributed on a pro-rata basis [2][6]. Regulatory Approvals - The Arrangement was approved by APM Shareholders on February 25, 2026, and received a final order from the Supreme Court of British Columbia on February 27, 2026 [3]. - ICG has received conditional approval from the Canadian Securities Exchange for the listing of its shares, expected to commence trading on March 31, 2026 [4]. Financial Aspects - ICG completed a subscription receipt financing for gross proceeds of approximately $2.8 million, which will support the advancement of the Tuscarora District [5]. - Each subscription receipt converted into units of ICG at $0.35 per share, with each unit comprising one common share and one-half of a common share purchase warrant [5]. Future Plans - ICG plans to leverage the extensive data from the Tuscarora District to create a comprehensive geological model and advance the project toward a first mineral resource estimate [2][10]. - American Pacific will concentrate on its Madison Copper-Gold Project, with drilling expected to commence later in March 2026 [2].
Vizsla Silver (VZLA) Cut to Neutral at CIBC on Project Risk Concerns
Yahoo Finance· 2026-03-20 20:06
Core Viewpoint - Vizsla Silver Corp. (NYSEAMERICAN:VZLA) faces increased scrutiny and risk perception due to recent downgrades by financial institutions, primarily linked to operational uncertainties at its Panuco project in Mexico [1][3]. Group 1: Company Performance and Downgrades - CIBC downgraded Vizsla Silver Corp. from Outperformer to Neutral on March 6, citing uncertainties related to a security incident at the Panuco project and concerns about project timelines [1]. - National Bank previously downgraded the company to Sector Perform on February 11, indicating expected delays at the Panuco project due to operational disruptions [3]. - Both downgrades reflect the market's sensitivity to execution risks, which, if resolved, could lead to a significant re-rating of the stock [3]. Group 2: Project and Market Position - Vizsla Silver Corp. is focused on its flagship silver-gold project in Mexico, which is considered a high-quality asset [4]. - Despite facing near-term operational challenges, the company is well-positioned to benefit from rising silver demand, suggesting potential for significant upside if project execution improves [4].
Pacifica Silver Expands Phase II Drill Program at Claudia to 20,000 m; Appoints Dr. Steven I. Weiss as Interim VP Exploration
TMX Newsfile· 2026-03-16 12:00
Core Viewpoint - Pacifica Silver Corp. has expanded its Phase II drill program at the Claudia Silver-Gold Project in Durango, Mexico, increasing the drilling from 12,000 to 20,000 metres, representing a 67% increase, following a successful financing and new permits [1][2]. Drill Program Expansion - The expanded drill program aims to continue exploring high-grade silver-gold mineralization at the Aguilareña vein, follow up on a recent discovery at the Justina vein, and drill test high-priority targets at Mina Vieja and Mina de Oro [3]. - As of March 14, 2026, approximately 6,452 metres have been drilled across 25 holes, with the program expected to conclude in June 2026 [4]. Leadership Changes - Dr. Steven I. Weiss has been appointed as Interim Vice President of Exploration to guide the company through its growth phase, bringing over 45 years of experience in minerals exploration, particularly in Mexico [6][8]. - Octavio Lizardi will transition to Senior Structural Geologist, ensuring continuity in technical leadership while focusing on high-potential vein targets [7]. Auditor Change - Davidson & Company LLP has been appointed as the new auditor, replacing Mao & Ying LLP, effective March 16, 2026 [9][10].
3 Momentum Anomaly Stocks to Buy as Oil Prices Appear to Decline
ZACKS· 2026-03-11 16:26
Market Overview - The U.S. equity markets experienced significant volatility due to rising crude oil prices amid ongoing conflict between the United States and Iran, with oil prices reaching $120 per barrel [1] - The International Energy Agency's proposed release of oil reserves helped to stabilize the situation and cool down soaring oil prices [1][2] Investment Strategies - Investors are turning to momentum stocks as a strategy to regain lost value, particularly in uncertain market conditions [2] - Momentum investing is characterized by the principle of "buying high and selling higher," capitalizing on established trends [3] Momentum Strategy Implementation - A screening strategy has been developed to identify stocks with strong momentum, focusing on long-term price appreciation and short-term pullbacks [4] - The screening parameters include selecting the top 50 stocks based on a 52-week price change, then identifying the 10 worst performers over the past week [5][6] - Stocks with a Zacks Rank 1 (Strong Buy) and a Momentum Style Score of B or better are prioritized, as they have a history of outperformance [7] Selected Stocks - First Majestic Silver Corp. (AG) has seen a price increase of 335.9% over the past year but experienced a decline of 5.8% last week, with a Momentum Score of B [8][9] - IPG Photonics Corporation (IPGP) has risen 98.1% in the past year but fell 11.5% last week, holding a Momentum Score of A [8][10] - Encore Capital Group, Inc. (ECPG) has climbed 102.1% over the past year but dropped 5.6% last week, also with a Momentum Score of A [8][11]
Video - CEO Clips: Avino Silver & Gold Mines Targets Growth to Three Producing Assets
TMX Newsfile· 2026-02-27 20:00
Group 1 - Avino Silver & Gold Mines Ltd. is implementing an organic growth strategy to expand from one producing asset to three, focusing on the higher-grade La Preciosa project [1] - The company holds over 300 million ounces of silver equivalent and has a long-term offtake partnership with Samsung C&T [1] - Avino operates with a strong cash position and has no debt, indicating financial stability [1]
Silver Tiger Metals Inc. Invites Shareholders and Investment Community to visit them at Booth 3206 at PDAC 2026 in Toronto, March 1-4
TMX Newsfile· 2026-02-23 12:30
Company Overview - Silver Tiger Metals Inc. is developing the El Tigre Stockwork Surface Zone Project, a silver and gold project located in Sonora, Mexico, covering over 28,000 hectares and is 100% owned by the company [2]. Industry Event - The Prospectors & Developers Association of Canada's (PDAC) Convention is a premier event for the mineral exploration and mining industry, attracting over 1,100 exhibitors, 2,500 investors, and 26,000 attendees in 2024 [3][4]. - The annual convention has been held in Toronto since 1932 and has grown significantly in size and influence, making it a key event for the global mineral industry [4].
GoGold Advances the Development of their Los Ricos South Project
TMX Newsfile· 2026-02-23 12:30
Core Viewpoint - GoGold Resources Inc. has progressed to the execution phase of the Los Ricos South Project in Mexico, marking a significant milestone for the company as it prepares for construction and production ramp-up [1]. Company Overview - GoGold Resources is a Canadian-based silver and gold producer focused on high-quality projects in Mexico, operating the Parral Tailings mine and developing the Los Ricos South and North projects [2]. Project Development Progress - The company has launched detailed design activities and initiated orders for long lead items for the Los Ricos South Project [1]. - Key advancements include: - Selection of Cominvi, S.A. de C.V. as the underground mining contractor [6]. - Detailed underground mine design and planning have progressed [6]. - Plant design by M3 Mexicana is 55% complete [6]. - SART plant design is 70% complete [6]. - Preparation to order a new SAG grinding mill is underway [6]. - Design of the dry stack tailings facilities has advanced [6]. - Contract issued for the detailed design of the Paste Plant [6]. - Completion of all site geo-tech work to support design programs [6]. - Supply contract established with Comision Federal de Electricidad for project power supply [6]. - Water supply assessments are well advanced [6]. Financial Position - The company has approximately $250 million USD in cash and is generating cash flow from its Parral operation, positioning it well for the Los Ricos project [1].
Pacifica Silver Reports Additional Drill Results at Claudia with Multiple High-Grade Silver-Gold Intercepts at the Aguilareña Area
TMX Newsfile· 2026-02-18 12:30
Core Insights - Pacifica Silver Corp. has announced assay results from the remaining nine holes of its Phase I diamond drilling program at the Claudia Silver-Gold Project, which is located in the El Papantón Mining District, Mexico. The Phase I program consisted of 30 holes totaling approximately 8,000 meters and was completed in December 2025 [1][3]. Drill Highlights – Aguilareña Area - The results from the Phase I Drill Program have confirmed the subsurface lateral continuity of the Aguilareña vein over a strike length of 1.8 km, with high-grade silver-gold intercepts indicative of classic low-sulfidation epithermal systems [3][12]. - Notable intercepts include hole 25CLAU053D, which intersected 4.30 m grading 1.42 g/t Au and 221 g/t Ag, and hole 25CLAU054D, which returned 4.25 m @ 1.25 g/t Au and 101 g/t Ag [6][17]. Discussion of Drill Results - Significant assay results from the Phase I Drill Program are summarized, with various holes reporting high-grade mineralization. For instance, hole 25CLAU065D intersected two high-grade intervals, including 0.30 m @ 12.30 g/t Au and 206 g/t Ag [4][8]. - The results demonstrate the potential for resource growth along the Aguilareña vein system, with ongoing drilling expected to further evaluate these high-grade discoveries [12][18]. Guadalupana Vein Results - Drilling at the Guadalupana vein confirmed its presence and continuity at deeper levels, with holes 25CLAU050D and 25CLAU051D intersecting widths of 5.1 m and 8.6 m, respectively, although grades were modest [14][18]. - The observed epithermal textures and hydrothermal features in the Guadalupana vein indicate potential for higher-grade silver-gold mineralization at greater depths [14][18]. Phase II Drill Program Update - The company has completed over 3,650 meters of diamond drilling across 13 core holes in its ongoing Phase II program, focusing on expanding high-grade mineralized intervals along the Aguilareña vein system and testing previously undrilled targets [19][27].
AbraSilver Reports Final Phase V Drill Results, Highlighted by High-Grade Silver-Gold Intercepts at JAC
TMX Newsfile· 2026-01-27 12:30
Core Insights - AbraSilver Resource Corp. announced the final assay results from the Phase V diamond drilling program at its Diablillos project in Argentina, which will be included in the upcoming Mineral Resource estimate and Definitive Feasibility Study [1][2][3] Drill Results - The final Phase V drill results indicate high-grade silver-gold intercepts, particularly in holes DDH 25-099 and DDH 25-104, suggesting potential for incremental Mineral Resource growth [3][5] - Hole DDH 25-104 intersected 17.0 meters grading 432.1 g/t silver and 1.10 g/t gold, including a high-grade interval of 6.0 meters grading 1,093.0 g/t silver and 2.42 g/t gold [5][8] - Additional drilling at JAC confirmed broad zones of oxide silver mineralization, with notable results including 13.0 meters at 476.6 g/t silver in DDH 25-099 and 57.0 meters at 51.4 g/t silver in DDH 25-096 [6][8] Geological Context - The results from Phase V drilling provide important geological context for future exploration, confirming the continuity of silver-gold mineralization beyond the current resource envelope [3][4] - The potential to expand both gold and silver Mineral Resources highlights the scale of the Diablillos project and supports ongoing exploration and development strategies [3][4] Environmental and Regulatory Updates - The Environmental Impact Assessment (EIA) process for the Diablillos project is progressing well, with final community consultations expected to be completed in February [16] - The application under Argentina's Large Investment Incentive Regime (RIGI) framework is on track for approval by the end of Q1/2026 [17] Project Overview - The Diablillos property is located in the Puna region of Argentina, comprising 15 contiguous mineral concessions with excellent year-round access [19] - Exploration has outlined multiple occurrences of silver-gold oxide mineralization, with over 150,000 meters drilled to date, demonstrating strong growth potential [20][27]
VIZSLA SILVER PROVIDES 2025 YEAR-END SUMMARY AND 2026 OUTLOOK
Prnewswire· 2026-01-20 11:00
Core Viewpoint - Vizsla Silver Corp. has made significant advancements in its Panuco silver-gold project in 2025, achieving construction readiness and preparing for further development in 2026, with a focus on enhancing project value and exploration efforts [2][4][11]. 2025 Highlights - The Panuco project expanded by 14,607 hectares in 2025, with a 43% increase in measured and indicated resources at a higher grade profile [2][4]. - An industry-leading Feasibility Study was published in November, indicating over 20 million ounces of annual silver equivalent production in the first five years and 17.4 million ounces annually over a 9.4-year mine life, with an after-tax NPV (5%) of US$1.8 billion and a 111% IRR [2][6][19]. - The company ended 2025 with over US$450 million in cash, fully financing the Panuco project, and announced a US$300 million project financing facility [7][13]. Key Objectives for 2026 - The company aims to continue derisking and enhancing project value, focusing on detailed engineering, underground drilling, and geophysical surveys [11][12]. - A budget of approximately 60,000 meters of diamond drilling is planned for 2026, including underground and surface exploration drilling [12][16]. - The company will also conduct initial LiDAR surveys and geological mapping on newly acquired claims to support future drill targeting [16][22]. Other Notable Achievements in 2025 - The share price increased by 220% from US$1.71 to US$5.47, with a 217% increase in average daily trading volume [13]. - The company completed extensive drilling totaling around 21,000 meters, focusing on geotechnical drilling and resource expansion [9][10]. - Vizsla Silver's Mexican subsidiary received the Socially Responsible Company Distinction for the fourth consecutive year [13].