Core Viewpoint - Atico Mining Corporation reported a net loss of $4.1 million for Q3-2025, primarily due to a shipping delay that left all concentrate in inventory, impacting sales and revenue recognition [1][2][3] Financial Performance - The company produced 2.3 million pounds of copper and 1,847 ounces of gold in Q3-2025, with cash costs of $2.74 per payable pound of copper, reflecting a 12% increase from Q3-2024 [1][3][7] - There were no metals concentrate sold during Q3-2025, leading to a loss from operations of $2.6 million, compared to a $4.2 million income in Q3-2024 [3][5] - The working capital deficit was $13.5 million as of September 30, 2025, an increase from $11.3 million at the end of 2024, influenced by $10.5 million in advance payments recorded as deferred revenue [3][5] Operational Highlights - Copper production decreased by 23% and gold production decreased by 11% compared to Q3-2024, attributed to lower ore throughput and lower copper head-grades [7][10] - Cash costs per tonne of processed ore rose to $179.23, a 23% increase from Q3-2024, due to reduced ore extraction and increased costs from inflation and foreign exchange [3][10] - The all-in sustaining cash cost per payable pound of copper produced was $4.87, up from $3.60 in Q3-2024, driven by higher sustaining capital expenditures [3][10] Future Outlook - The company anticipates gradual improvement in production in the next quarter due to higher copper grades as mining operations shift to upper zones of the El Roble mine [2][3] - The company has reduced its credit facilities and loans by $5.4 million during the quarter, indicating a focus on improving financial stability [2][3]

Summary of Avino Silver & Gold Mines Ltd Conference Call Company Overview - **Company**: Avino Silver & Gold Mines Ltd (NYSEAM:ASM) - **Incorporation**: Founded in 1968, with significant historical context provided by the CEO David Wolfin, who has been involved since the mine's construction in 1974 [2][3] Industry Context - **Mining Sector**: Focus on silver production, with a bullish outlook on silver prices, which have increased by 70% since the beginning of the year [17] Key Financials - **Q3 Performance**: - Revenue: $21 million - Gross Profit: $10 million - Gross Margin: 47% - Net Income: $0.05 per share - Free Cash Flow: $5 million - Cash Costs: $17.09 per ounce, with an All-In Sustaining Cost (AISC) of $24.06 [6][7] - **Cash Position**: Over $60 million in cash, debt-free, with $51 million in working capital [5][7] Production and Growth Plans - **Current Production**: - Avino mine expected to produce 2.5-2.8 million ounces of silver equivalent in the current year [3] - La Preciosa project anticipated to significantly boost silver revenue, with a composition of 90% silver and 10% gold [5] - **Future Growth**: - Aiming for intermediate status with production between 8-12 million ounces per year [5] - Upcoming maiden reserve calculation expected in Q1 [14] Resource Base - **Silver Equivalent Resources**: - Total resource base of approximately 377 million ounces of silver equivalent, with 277 million measured and indicated, and 94 million inferred [4] - **Oxide Tailings Project**: - Pre-feasibility study completed, with a post-tax NPV of $61 million at $23.45 silver and $1,840 gold [13] Operational Highlights - **Mining Method**: Utilizes mechanized long hole sublevel caving, with a unique geological system allowing for low costs [8] - **Community Relations**: Strong focus on community engagement and sustainable practices, including a 100% Mexican labor force [10] Market Position - **Stock Performance**: - Ranked fifth in TSX 30 for top-performing companies, with a stock increase of 610% and market cap growth of 778% over three years [8] - Daily trading volume exceeds $30 million, indicating high liquidity [8] Strategic Focus - **Organic Growth Strategy**: Emphasis on organic growth rather than mergers and acquisitions, with a clear five-year growth plan [15] - **Community Engagement**: Ongoing efforts to establish relationships with local communities, particularly in the context of the Cinco de Mayo project in Mexico [24][25] Conclusion - **Outlook**: Avino Silver & Gold Mines Ltd is positioned for significant growth in silver production, backed by strong financials, a robust resource base, and a commitment to sustainable practices and community relations [15][16]

Core Viewpoint - Silver Elephant Mining Corp has commenced toll milling of silver-bearing material from its Apuradita Paca Project in Bolivia, with over 1,200 tonnes delivered to the toll-milling facility and expects the first shipment of silver concentrate in October 2025 [1][2]. Group 1: Production and Operations - The company has executed a concentrate off-take agreement with a major international buyer, with the first shipment anticipated in October 2025 [2]. - Mining operations at Apuradita are ongoing at a steady rate, with a near-term monthly production target of 1,000 to 1,500 tonnes of silver-bearing mineralized material [2]. - An estimated total of approximately 10,000 tonnes of mineralized feed is expected in the initial 6-month campaign, which may be extended as additional mineralized zones are developed [3]. Group 2: Extraction Method and Material Quality - Sulphide mineralized materials at Apuradita are being extracted using the shrinkage stoping method, with two stopes designed to dimensions of approximately 30 meters in length, 20 meters in height, and 4 meters in width, targeting an average extraction rate of 50 to 100 tonnes per day [4]. - The calculated average grade of extracted and sorted sulphide materials is 412 g/t Ag, 1.09% Pb, and 0.38% Zn, based on diamond drilling data and an internally developed geological and mining model [4]. Group 3: Community and Support - The company expresses gratitude for the continued support from local communities [5]. Group 4: Technical and Quality Assurance - Technical contents of the news release have been prepared under the supervision of a qualified geologist, ensuring compliance with industry standards [6]. - Samples are sent to ALS Global Laboratories for preparation and analysis, adhering to international standards for quality assurance [7]. Group 5: Company Overview - Silver Elephant is a mineral exploration company focused on gold and silver projects in Bolivia, with further information available on their website [9].

Core Insights - Silver Bullet Mines Corp. has successfully increased the concentrate grade of gold from its KT Mine in Arizona to over 27 ounces per ton, indicating significant improvements in the milling process [1][6][10] - The company has discovered visible gold in the latest blast material, with approximately 150 to 200 tons of this material ready for shipment to the mill [5][10] - The company anticipates further increases in grades as it transitions from surface material to underground vein material, with recent assays showing a head grade of 0.8 ounces per ton gold [6][10] Company Developments - The company has processed around 125 tons of material, resulting in over 2 tons of high-grade concentrate, and plans to reduce waste material while increasing higher-grade material as it moves towards full underground mining [7][10] - Silver Bullet Mines is committed to a hub and spoke business model, processing varied materials from multiple properties, including KT and SC Mines, which are expected to generate significant revenue [9][10] - Cash flow from concentrate sales will be used to upgrade the mill for increased capacity and to fund a detailed exploration program in Arizona, aiming to minimize the need for further financing [11][12] Industry Context - The CEO of Silver Bullet Mines believes there is a renewed appreciation for small-scale mining operations, suggesting that the company could lead a renaissance in high-grade precious and base metal mining [10] - The company is optimistic about the future of its operations, particularly with the high-grade gold and silver being produced, which is expected to provide substantial material for processing [10][11]

Core Viewpoint - Silver Bullet Mines Corp. (SBMI) has reported highly successful results from a bulk sample taken from the KT Mine in Arizona, indicating significant gold and silver values that align with historical data from the previous owner [1][4]. Group 1: Acquisition and Sampling - SBMI acquired the KT Mine on July 23, 2025, and processed approximately 50 tons from a 400-ton waste material sample, yielding an average of 0.3 oz/ton gold, with peaks of 1.8 oz/ton [2]. - Additional random samples from the concentrate were sent to Activation Laboratories Ltd. for analysis, revealing gold values as high as 23.6 oz/ton and silver values reaching 28 oz/ton [3]. Group 2: Processing and Operations - The company is currently shipping more material from the KT Mine to the mill for processing to produce a concentrate for sale [4]. - SBMI has improved site access and secured the area, with ongoing efforts to define the vein structure, which has been traced for over 1000 feet [5][6]. Group 3: Future Prospects - The KT property and the Super Champ Mine are believed to have significant potential for high-grade gold and silver production, prompting SBMI to work on increasing mill capacity and adding circuits for mineral recovery [9]. - The company is awaiting results from a third-party multi-element analysis on concentrate from the Super Champ Mine to advance the sales process [10].

Core Viewpoint - Kuya Silver Corporation reported significant operational and financial progress in Q2 2025, particularly at the Bethania Silver Project in Peru, with increased mining output, substantial underground development, and promising exploration results [2][4][5]. Operational Results - The Bethania Silver Project achieved a mining output of 1,224 tonnes of mineralized material in Q2 2025, nearly doubling the output from Q1 2025, with average silver grades of 10.73 oz/t and silver equivalent grades of 14.89 oz/t [6][7][8]. - Approximately 263 metres of underground development were completed in Q2, expanding access to ten active working faces, up from six in Q1 [6][7]. - Infrastructure upgrades included the installation of trailing winches, a high-capacity compressor, and a new generator, enhancing operational efficiency and safety [6][8]. - Exploration efforts led to the discovery of three new silver-rich vein systems, with samples exceeding 1,000 g/t silver equivalent, and a 41% increase in the mineralized strike length in the Bethania district [6][11][12]. Financial Highlights - Kuya Silver generated net revenue of approximately $0.70 million in Q2 2025, compared to nil in the same quarter of the previous year, with a net loss reduced to $0.28 million from $1.45 million in Q2 2024 [15][16]. - The company raised over CAD $10.8 million through equity financings in H1 2025, strengthening its balance sheet to support accelerated development at Bethania [6][17]. - The Silver Kings Project contributed 1,800 wet tonnes of silver concentrate shipped in Q2, generating revenue of USD $1.15 million [6][9]. Corporate Overview - Kuya Silver enhanced its governance by adding three independent directors and appointing Sheila Magallon as CFO, bringing over 20 years of financial leadership experience in the mining sector [17][18]. - The company completed multiple financing rounds, issuing a total of 29.7 million shares for gross proceeds of approximately CAD $12 million, aimed at supporting mine development and exploration [17][18]. Outlook - The company aims to achieve an initial production milestone of 100 tonnes per day by Q3 2025, with plans to expand to a phase 1 target production rate of 350 tonnes per day in the longer term [19][21].