CA Market News
1日前
Silverco Mobilizes Underground Mining Contractors at Cusi PropertyJune 25, 2026 6:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 25, 2026) - Silverco Mining Ltd. (TSXV: SICO) ("Silverco" or the "Company") is pleased to report that underground contractors have begun mobilization at its 100% owned Cusi Property ("Cusi") in Chihuahua, Mexico. Silverco has engaged Mafrissa Transportes y Maquinaria S.A. de C.V ("Mafrissa") and Rencer Servicio a la Mineria, S.A. de C.V. ("Rencer") to provide development and production mining activities.Mark Ayranto, CEO of Silverco, commented:"Mobilization of contractors is an important milestone in our Cusi restart plan. The two contractors now active at Cusi are well-established and experienced local firms with extensive underground mining experience. With this work and the mill rehabilitation work underway, we remain on schedule to produce first concentrate in Q4 2026 and exit 2026 with two producing silver mines in Mexico. We look forward to providing additional updates from both Cusi and La Negra over the coming weeks with significant catalysts expected through H2 2026 relating to restart and productivity improvement activities at Cusi and La Negra respectively, and sizable exploration programs at both projects." Underground development will begin at Cusi's two primary mining zones, managed separately by each contractor, Promontorio and San Miguel, with first ore from Promontorio expected in late Q3 2026. Promontorio was mined as recently as 2023 and has been completely dewatered and rehabilitated by Silverco with underground drilling now active and having recently intersected new mineralization within the footprint of planned mine development. San Miguel is one of the most prospective zones at Cusi, but has not seen modern mining, and as such a new portal and ramp will be developed, with first ore from this zone expected to ramp up over H1 2027. Mafrissa is a Chihuahua based mining contractor that focuses on underground development, mining support services, heavy equipment rental, and material haulage, and has been contracted by numerous large-scale mining operations in Mexico. Mafrissa is headquartered in Cuauhtémoc, less than 20 kilometres from the Cusi Property. Rencer is a local mining contractor based in Cuauhtémoc who was previously contracted at Cusi, allowing for a strong understanding of the mine.Planned Cusi Restart As outlined in an April 13, 2026 news release, the Cusi project offers compelling economics based on the results from the 2026 PEA1 which outlined a project with average annual silver equivalent production of approximately 2.5 Moz at site all-in-sustaining costs of US$26.75/oz payable AgEq from 2028 to 2032, once fully ramped up. At an average base case silver price of US$44.58/oz, the after-tax NPV of Cusi is US$104.1 M with an IRR of 94.8% and a payback period of 0.9 years, and at US$75.00/oz, the after-tax NPV is US$312.2 M with an IRR of 186.9% and a payback period of 0.5 years. With 90% of the revenue generated from silver and low upfront capital of US$19.2 million, Cusi represents a unique opportunity in the silver industry and for Silverco to advance its vision of becoming a 10 million ounce per year silver equivalent producer within three years. Qualified PersonThe scientific and technical information contained in this news release has been reviewed and approved by Nico Harvey, P.Eng., Vice President Project Development of Silverco, a Qualified Person as defined in National Instrument 43-101. Mr. Harvey is not independent of the Company. Mr. Harvey has reviewed the technical information disclosed herein.About Silverco Mining Ltd.Silverco Mining Ltd. is a Canadian silver producer focused on building a leading multi-asset silver portfolio in Mexico. The Company owns 100% of the producing La Negra Mine in Querétaro and the past-producing Cusi Mining Complex in Chihuahua, two established underground mining operations with significant infrastructure, exploration upside, and district-scale land positions. The Company is restarting Cusi in H2 2026, positioning Silverco to become a significant primary silver producer in the Americas in the near term. Led by an experienced management team with a proven track record in mine development, operations, and capital markets, Silverco is focused on creating long-term shareholder value through disciplined growth and responsible mining practices, with a goal of becoming a 10-million-ounce per year silver equivalent producer within three years. Silverco's common shares trade on the TSX Venture Exchange under the symbol "SICO" and on the OTCQB under the symbol "SICOF". More information on the Company and its projects can be found at www.silvercomining.com.On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEO
Email: mayranto@silvercomining.comFor further information, please contact: Investor relations & Communications
Email: info@silvercomining.com
www.silvercomining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations). Forward-looking statements in this release include but are not limited to: the timing and completion of underground development, contractor mobilization and restart activities at the Cusi Property; the expected timing of first ore and first concentrate production; the planned ramp-up of mining operations; and the Company's expectations regarding production, operations and development activities at Cusi and La Negra.These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include: the timely mobilization and performance of contractors; availability of labour, equipment and critical supplies; the Company's ability to execute its development and restart plans as scheduled; timely receipt of required permits and approvals; access to surface rights and community support; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such factors include, without limitation: exploration, development and operating risks (including drilling, sampling, assaying, interpretation and modeling uncertainties; variability of mineralization; representativity of samples; true-width estimation; metallurgical variability; water management; geotechnical and ground conditions); risks inherent in estimating or converting mineral resources; the absence of current mineral reserves at the Cusi Property; that AgEq is a reporting metric only and does not imply economic recoverability; permitting, licensing and regulatory risks in Mexico (including changes in mining, environmental, labour, water, land access and related regimes); community relations, social licence and stakeholder engagement risks; title, surface rights, access and environmental liability risks; health, safety and security risks; commodity price and foreign exchange volatility; cost inflation, supply-chain disruptions and contractor availability; political and macroeconomic instability; financing and liquidity risks; TSX Venture Exchange and other regulatory approvals; counterparty risks; limitations and uncertainties relating to historical data and third-party reports; force majeure events; litigation and enforcement risks; and those additional risks set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.1 See April 13, 2026 Press Release "Silverco Mining Releases Robust PEA for the Cusi Mine Highlighting High-Margin, Low Capital Restart". The results of the PEA are preliminary in nature and include Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Mineral resources are not mineral reserves and do not demonstrate economic viability. The PEA was prepared by JDS Energy & Mining Inc., Forte Dynamics, and SGS Geological Services who are all independent of the Company.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302766 Original: Silverco Mobilizes Underground Mining Contractors at Cusi Property
StockInfo11
1週前
Posted on behalf of Silverco Mining Ltd. - The recent four-hole batch out of Cusi is the part of this story worth slowing down on, because it tells you what the rigs are actually finding right where production is set to begin.
Silverco (TSXV: SICO, OTCQB: SICOF) is drilling its 100%-owned Cusi mine in Chihuahua, Mexico, a permitted, past-producing silver-lead-zinc-gold operation with a 1,200 tpd mill on a 16,073-hectare property. Silver took a hard hit today, down close to 7% to around US$66 an ounce, but for a near-term restart the more durable question is how many ounces sit inside the mine plan, not where the spot price prints on a given day.
What the first holes returned (June 16, 2026 NR):
- 1,712 g/t AgEq over 1.4 m
- 303 g/t AgEq over 8.3 m
- 428 g/t AgEq over 1.1 m
These are the first underground holes Silverco has drilled at Promontorio, the first of three planned mining zones, after dewatering and rehabilitation wrapped in Q1 2026. The aim is to confirm and add mineralization inside the first-year mine-plan footprint.
For scale, the current Cusi resource per the December 2025 MRE release: 4.89 Mt at 262 g/t AgEq (41.2 Moz AgEq) measured and indicated, plus 4.07 Mt at 243 g/t AgEq (31.8 Moz AgEq) inferred, estimated by SGS Geological Services.
The wider setup:
- La Negra in Querétaro is producing at roughly 55% of its 2,500 tpd capacity, while Cusi is the near-term restart
- Eric Sprott holds 10%+ of the company
- About US$56.2M in cash at the end of Q1 2026 to fund the work
- The 2026 program is 30,000 m fully funded, split 10,000 m underground and 20,000 m surface
The catalyst sequence from here:
- Underground contractors mobilizing by the end of Q2 2026, with development beginning in the coming weeks (company-stated, June 16 NR)
- Initial concentrate production targeted for late 2026
- Drill results to feed a planned Cusi resource update in H1 2027
For context, Silverco announced PEA results for the Cusi restart on April 13, 2026 (see that dated release on the company's site).
A fully funded program turning, a restart run-up underway, and a resource update on deck for early 2027. Every meter drilled inside the mine plan now is a chance to grow the ounce count right where production is set to begin.
Full June 16 results here: https://www.silvercomining.com/news-releases/silverco-mining-intersects-1712-gt-ageq-over-14-metres-adjacent-to-near-term-planned-stopes-at-cusi
CA Market News
1週前
Silverco Mining Intersects 1,712 g/t AgEq over 1.4 metres Adjacent to Near-Term Planned Stopes at CusiJune 16, 2026 6:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 16, 2026) - Silverco Mining Ltd. (TSXV: SICO) ("Silverco" or the "Company") is pleased to report initial underground assay results from its 100%-owned Cusi Property ("Cusi") in Chihuahua, Mexico. These results are part of the Company's 2026 30,000 metre diamond drill program that is focused on infill, expansion, and exploration at high potential targets across the property.Initial underground drilling at Promontorio, the first of three planned mining zones at Cusi, has been focused on infilling areas that are planned for mining in the first year of operations. These areas have been identified as highly prospective but required additional drilling to be included in the resource and mine plan.Mark Ayranto, CEO of Silverco, commented:"We are encouraged by the initial results from our 2026 Cusi drill program which have identified additional mineralization within the footprint of the first year of the Preliminary Economic Assessment ("PEA")1 mine plan. With grades and widths consistent with our resource, these results highlight the opportunity to lower initial underground development, bring more tonnage forward and enhance project economics from the US$312 million after-tax NPV outlined in the PEA at silver prices in line with current levels2. With dewatering and underground rehabilitation complete in Q1 2026, this is our first underground drilling at Promontorio, and the results reinforce our confidence in the vein system as we move toward a restart in H2 2026, with mobilization of underground contractors and commencement of development planned in the coming weeks."The initial results from the 2026 Cusi exploration program are from the Promontorio East veins, an area that boasts exceptional undiluted high-grade material with Measured and Indicated Resource grades of 295 g/t AgEq and Inferred Resource grades of 301 g/t AgEq. This infill drilling is specifically aimed at optimizing mine planning and targeting near-term resource expansion that can be integrated into the short-term mine plan, creating opportunities to enhance economics through reduced development requirements or increased resources available in the areas of planned development.These results were drilled within the first 50 vertical metres of planned development and fall within a 150 metre by 250 metre area of Promontorio that required infilling and was not previously captured in the PEA. Highlights from the first four drill holes in this area include: UGCU-26-01 - 428 g/t AgEq over 1.1 metresUGCU-26-02 - 1,712 g/t AgEq over 1.4 metresUGCU-26-03 - 303 g/t AgEq over 8.3 metresUGCU-26-04 - 160 g/t AgEq over 3.2 metresDetails of the 2026 Cusi Exploration ProgramThe 2026 Cusi exploration program includes 30,000 metres of diamond drilling, split between underground (10,000 metres) and surface drilling (20,000 metres). The program's primary goals are to:(1) Infill prospective areas which are targeted for mining early in the planned restart at Promontorio and San Miguel;
(2) Expand known areas of mineralization at San Miguel
(3) Explore prospective targets at San Miguel, Eduwiges, and San Juan. With success, this program will enhance mine planning for the initial years of the planned restart and identify opportunities to increase mineral resources in these areas and in new target areas as part of a planned H1 2027 Cusi resource update.Figure 1: 2026 Drill Program Collar LocationsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10393/301672_ae28433fb4ed3b3c_002full.jpgFigure 2: Promontorio Underground Long Section, Looking WNWTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10393/301672_ae28433fb4ed3b3c_003full.jpgDetailed drill results, along with notable assays results are provided in Tables 1 and 2.Table 1: Significant Assay Results from the 2026 Drill ProgramHole IDZoneFrom
(m)To
(m)Length
(m)Au
g/tAg
g/tPb
%Zn
%AgEq
g/tUGCU-26-01Promontorio38.039.11.10.834170.510.49428UGCU-26-01Promontorio44.045.01.00.211730.550.19179UGCU-26-02Promontorio69.871.21.44.491,5802.493.221,712UGCU-26-03Promontorio36.744.98.30.472930.640.40303UGCU-26-03Promontorio47.648.30.80.884511.130.30470UGCU-26-04Promontorio52.555.63.20.071210.951.58160UGCU-26-04Promontorio74.574.80.30.597763.852.10840 Notes(1) AgEq = Ag g/t x Ag Recovery + [(Au g/t x Au Rec x Au price/gram)+(Pb% x Pb rec. X Pb price/t) + (Zn% x Zn rec. X Zn price/t)]/Ag price/gram. Metal price assumptions are: $30.00/oz silver, $2,400/oz gold, $1.00/lb lead, $1.35/lb zinc. Metallurgical recovery assumptions are 90% for silver, 50% for gold, 90% for lead, and 60% for zinc. Metallurgical recoveries used in this release are based on historical operational results on the Cusi project.
(2) Reported intervals are downhole core lengths. True widths are estimated at ~65-95% based on vein orientation observed in drill core; however, actual true widths may vary with additional drilling.Table 2: Drill Collar LocationHole IDEastingNorthingElevationAzimuthDipLengthUGCU26-01319,4503,125,9511,676293-3393.0UGCU26-02319,4533,125,9511,67613-5688.5UGCU26-03319,4503,125,9511,676282-5981.0UGCU26-04319,4573,125,9511,677356-39159.0 Notes(1) Hole azimuths and dips are based on average of surveyed intervalsPlanned Cusi Restart As outlined in an April 13, 2026 news release, the Company is targeting restarting operations at Cusi in H2 2026. This planned restart is supported by the results from the PEA1 which outlined a project with average annual silver equivalent production of 2.47 Moz at site all-in-sustaining costs of US$26.75/oz payable AgEq from 2028 to 2032, once fully ramped up. At an average base case silver price of US$44.58/oz the after-tax NPV of Cusi, as defined by the PEA1, is US$104.1 M with an IRR of 94.8% and a payback period of 0.9-year payback, and at US$75.00/oz, the after-tax NPV is US$312.2 M with an IRR of 186.9% and a payback period of 0.5-year payback. With close to 90% of the revenue generated from silver and low upfront capital of US$19.2 million, Cusi represents a unique opportunity in the silver industry and for Silverco to advance its vision of becoming a 10 million ounce per year silver equivalent producer within three years. Underground rehabilitation work at Cusi is complete and the Company expects to begin mobilizing contractors underground by the end of Q2 2026 with initial concentrate production planned for late 2026. Quality Assurance/Quality Control and Sampling ProceduresAll diamond drill core from the 2026 program at the Cusi Project is logged, photographed, and sawn in half using a diamond blade core saw. One half of the core is submitted for geochemical analysis, while the other half is retained in secure storage for reference. Sampling intervals are determined based on geological boundaries and typically range from 0.3- 1.5 metres. Control samples comprise approximately 18% of all samples submitted, including certified reference standards, analytical blanks, field duplicates, preparation duplicates and analytical duplicates. QA/QC results are reviewed in real time, and all data is verified as meeting acceptable thresholds for accuracy, precision, and contamination before inclusion in this release.Drill core and rock samples are sent to ALS Minerals for analysis with sample preparation in Chihuahua, Mexico and analysis in North Vancouver, British Columbia. Samples remain under Company custody until delivery to ALS; sealed bags are transported by Company personnel to ALS Chihuahua. The ALS Chihuahua and North Vancouver facilities are ISO/IEC 17025 certified. Samples are dried, weighed, and crushed to at least 70% passing 2mm, and a 250 g split is pulverized to at least 85% passing 75 µm (PREP-31). Silver and base metals are analyzed using a four-acid digestion and ICP-AES. Over-limit analyses for silver (>100 ppm), lead (>10,000 ppm), and zinc (>10,000 ppm) are re-assayed using an ore-grade four-acid digestion and ICP-AES (ME-OG62). Samples with over-limit silver assays > 1500 ppm are analyzed by 30-gram fire assay with a gravimetric finish (Ag-GRA21). Gold is assayed by 30-gram fire assay and AAS (Au-AA23).Technical DisclosureThe scientific and technical information contained in this news release has been reviewed and approved by Nico Harvey, P.Eng., Vice President Project Development of Silverco, a Qualified Person as defined in National Instrument 43-101. Mr. Harvey is not independent of the Company. Mr. Harvey has reviewed the sampling, analytical and QA/QC data underlying the technical information disclosed herein.About Silverco Mining Ltd.The Company owns a 100% interest in the Cusi Project located in Chihuahua State, Mexico (the "Cusi Property") and the producing La Negra Mine in Querétaro, Mexico. The Cusi Property includes a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City and a 1,200 tonne per day mill with tailings capacity approximately 40 kilometres from the mine. The project boasts excellent infrastructure, including paved highway access and connection to the national power grid. Cusi lies within the prolific Sierra Madre Occidental gold-silver belt and hosts multiple historical silver - gold - lead - zinc producing mines and several significant exploration targets. A recent Preliminary Economic Assessment outlined compelling economics for a restart that is targeted to begin in H2 2026. The La Negra Mine is a currently producing underground silver - lead - zinc - copper mine that was restarted in 2024 and is currently operating at 55% of its 2,500 tonne per day capacity. Mining is completed using room and pillar and long hole methods and the processing plant employs a standard crushing, grinding, flotation, and filtration circuit producing lead-silver, copper-silver, and zinc concentrates. The project is located along the Sierra Gorda Belt within a land package that has seen limited exploration over the last two decades.On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEO
Email: mayranto@silvercomining.comFor further information, please contact: Investor relations & Communications
Email: info@silvercomining.com
www.silvercomining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations).Forward-looking statements in this release include but are not limited to: the Company's interpretation of geological results at the Cusi Property; the significance of the intercepts; estimates or expectations regarding true widths, AgEq calculations and metallurgical recoveries; the possible expansion and/or upgrading of mineral resources; the timing of underground development. contractor mobilization, and restart activities; and any other statements that express management's expectations or beliefs of future events or results.These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include: the accuracy, representativeness and continuity of sampling and assay results; that drill hole orientation and modeling reasonably estimate true widths; that metallurgical recoveries used to calculate AgEq (90% Ag, 50% Au, 90% Pb, 60% Zn) are reasonable proxies based on historical operational data at Cusi; the availability of drill rigs, personnel and analytical laboratory capacity on expected timelines; timely receipt of permits and approvals necessary for planned work; access to surface rights and community support; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such factors include, without limitation: exploration, development and operating risks (including drilling, sampling, assaying, interpretation and modeling uncertainties; variability of mineralization; representativity of samples; true-width estimation; metallurgical variability; water management; geotechnical and ground conditions); risks inherent in estimating or converting mineral resources; the absence of current mineral reserves at the Cusi Property; that AgEq is a reporting metric only and does not imply economic recoverability; permitting, licensing and regulatory risks in Mexico (including changes in mining, environmental, labour, water, land access and related regimes); community relations, social licence and stakeholder engagement risks; title, surface rights, access and environmental liability risks; health, safety and security risks; commodity price and FX volatility (silver, gold, lead, zinc; MXN/CAD/USD); cost inflation, supply-chain disruptions and contractor availability; political and macroeconomic instability; financing and liquidity risks (including the availability and terms of debt and/or equity); TSX Venture Exchange and other regulatory approvals; counterparty risks; limitations and uncertainties relating to historical data and third-party reports; force majeure events; litigation and enforcement risks; and those additional risks set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.1 See April 13, 2026 Press Release "Silverco Mining Releases Robust PEA for the Cusi Mine Highlighting High-Margin, Low Capital Restart". The results of the PEA are preliminary in nature and include Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. Mineral resources are not mineral reserves and do not demonstrate economic viability. The PEA was prepared by JDS Energy & Mining Inc., Forte Dynamics, and SGS Geological Services who are all independent of the Company.
2 At the PEA upside case of US$75.00/oz Ag.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301672 Original: Silverco Mining Intersects 1,712 g/t AgEq over 1.4 metres Adjacent to Near-Term Planned Stopes at Cusi
CA Market News
4週前
Silverco Mining Announces Filing of Q1 2026 Interim Financial Statements and MD&AMay 28, 2026 6:02 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Silverco Mining Ltd. (TSXV: SICO) (OTCQB: SICOF) ("Silverco" or the "Company") is pleased to announce that its unaudited condensed interim consolidated financial statements and accompanying management's discussion and analysis ("MD&A") for the three months ended March 31, 2026 have been filed and are available on SEDAR+ at www.sedarplus.ca. Unless otherwise specified, all amounts are in Canadian dollars ($).Key Highlights from Q1 2026 include: Closed a bought deal private placement for gross proceeds of $62.5 million, resulting in a quarter end cash position of $56.2 million.During the quarter the Company incurred $3.0 million in exploration and evaluation expenditures which was primarily related to advancing the Cusi Mining Complex restart and $0.4 elated to the Nuevo Silver transaction. These expenditures along with $0.8 million of non-cash share-based compensation were the primary contributors to the $5.4 million net loss for the quarter.Commenced trading on the OTCQB marketplace in the United States under the symbol "SICOF."Strengthened the executive leadership team to support the Company's transition to a mid-tier Mexican silver producer with the addition of Tara Hassan (Executive Vice President, Corporate Development), Victoria Avila (Senior Vice President, Corporate Affairs and Finance) and George Paspalas (Advisor).Subsequent to the end of the quarter, Silverco completed two notable achievements supporting its path to production:On April 13, 2026, the Company announced the results of a Preliminary Economic Assessment ("PEA") for the Cusi Mining Complex, demonstrating robust project economics over an 8.3-year mine life with initial capital of US$19.2 million. Under the Base Case (US$44.58/oz Ag LOM average), the project yields an after-tax NPV5% of US$104.1 million, an after-tax IRR of 94.8%, and a payback period of 0.9 years. Under the Upside Case (US$75.00/oz Ag fixed), the after-tax NPV5% increases to US$312.2 million with an after-tax IRR of 186.9% and a payback period of 0.5 years. The supporting NI 43-101 technical report, titled "Preliminary Economic Assessment Technical Report for the Cusi Project," was filed on SEDAR+ on May 21, 2026 and is available under the Company's profile at www.sedarplus.ca.On May 19, 2026, the Company completed the previously announced acquisition of Nuevo Silver, holder of a 100% interest in the La Negra Mine in Querétaro, Mexico, officially becoming a producer. Mark Ayranto, CEO, commented, "Since listing in Q4 2025, we have been rapidly putting the pieces in place to execute on our vision to become a 10 million oz silver equivalent producer within three years. Our progress to date has been exceptional and includes establishing a portfolio of two assets that will be producing in 2026, a strong balance sheet to fund capital investment, and a top-tier team capable of executing on our vision. With the La Negra transaction now closed and the Cusi restart plan in place, we expect the remainder of 2026 to continue at a similar pace as we target exiting the year with two producing assets and completion of more than 45,000 metres of drilling between the two projects."Management's near-term priorities are to:integrate the La Negra Mine and increase throughput toward its 2,500 tonne per day capacity through investments in equipment, spare parts, and enhanced maintenance programs, while undertaking a 15,000 to 20,000 metre exploration drill program to support the completion of an updated resource estimate and mine plan in the second half of 2026;progress restart work at the Cusi mine and mill, including the selection of an underground mining contractor to support the targeted concentrate production restart in late 2026; andadvance the ongoing 2026 30,000-metre drill program at the Cusi Mining Complex, building on the positive 2025 15,000-metre drill program, with the objective of adding mineral resources and converting inferred mineral resources to higher-confidence categories to enhance the production profile and extend the mine life beyond the 8.3-year estimate contemplated in the PEA.About Silverco Mining Ltd.The Company owns a 100% interest in the Cusi Project located in Chihuahua State, Mexico (the "Cusi Property") and the producing La Negra Mine in Querétaro, Mexico. The Cusi Property includes a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City and a 1,200 tonne per day mill with tailings capacity approximately 40 kilometres from the mine. The project boasts excellent infrastructure, including paved highway access and connection to the national power grid. Cusi lies within the prolific Sierra Madre Occidental gold-silver belt and hosts multiple historical silver-gold-lead-zinc producing mines and several significant exploration targets. A recent Preliminary Economic Assessment outlined compelling economics for a restart that is targeted to begin in H2 2026. The La Negra Mine is a currently producing underground silver-lead-zinc-copper mine that was restarted in 2024 and is currently operating at 55% of its 2,500 tonne per day capacity. Mining is completed using room and pillar and long hole methods and the processing plant employs a standard crushing, grinding, flotation, and filtration circuit producing lead-silver, copper-silver, and zinc concentrates. The project is located along the Sierra Gorda Belt within a land package that has seen limited exploration over the last two decades.On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEOEmail: mayranto@silvercomining.comFor further information, please contact: Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations).These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include but are not limited to: the potential of the La Negra Mine; future production; achieving the Company's goals; the potential benefits of the La Negra transaction; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks are set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299324 Original: Silverco Mining Announces Filing of Q1 2026 Interim Financial Statements and MD&A
CA Market News
1月前
Silverco Mining Files NI 43-101 Technical Report for the Cusi Project PEAMay 21, 2026 7:02 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Silverco Mining Ltd. (TSXV: SICO) (OTCQB: SICOF) ("Silverco" or the "Company") announces that, in connection with its news release dated April 13, 2026, it has filed on SEDAR+ a National Instrument 43-101 Technical Report titled "Preliminary Economic Assessment Cusi Project, Chihuahua, Mexico" (the "Technical Report"), with an effective date of March 31, 2026.The Technical Report is available under the Company's profile on SEDAR+ (www.sedarplus.ca). A copy of the Technical Report is also located on the Company's website.About Silverco Mining Ltd.The Company owns a 100% interest in the Cusi Project located in Chihuahua State, Mexico (the “Cusi Property”) and the producing La Negra Mine in Querétaro, Mexico.The Cusi Property includes a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City and a 1,200 tonne per day mill with tailings capacity approximately 40 kilometres from the mine. The project boasts excellent infrastructure, including paved highway access and connection to the national power grid. Cusi lies within the prolific Sierra Madre Occidental gold-silver belt and hosts multiple historical silver-gold-lead-zinc producing mines and several significant exploration targets. A recent Preliminary Economic Assessment outlined compelling economics for a restart that is targeted to begin in H2 2026.The La Negra Mine is a currently producing underground silver-lead-zinc-copper mine that was restarted in 2024 and is currently operating at 55% of its 2,500 tonne per day capacity. Mining is completed using room and pillar and long hole methods and the processing plant employs a standard crushing, grinding, flotation, and filtration circuit producing lead-silver, copper-silver, and zinc concentrates. The project is located along the Sierra Gorda Belt within a land package that has seen limited exploration over the last two decades.On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEOEmail: mayranto@silvercomining.comFor further information, please contact: Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations).These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include but are not limited to: the potential of the La Negra Mine; future production; achieving the Company's goals; the potential benefits of the Transaction; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks are set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298468 Original: Silverco Mining Files NI 43-101 Technical Report for the Cusi Project PEA
CA Market News
1月前
Silverco Mining Completes Acquisition of Nuevo Silver to Become the Newest Silver ProducerMay 19, 2026 5:16 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Silverco Mining Ltd. (TSXV: SICO) (OTCQB: SICOF) ("Silverco" or the "Company") is pleased to announce that it has completed its previously announced acquisition (the "Transaction") of Nuevo Silver Inc. ("Nuevo"). Pursuant to the Transaction, the Company has acquired all of the issued and outstanding common shares of Nuevo in exchange for the issuance of an aggregate of 16,802,283 common shares of the Company to former Nuevo shareholders on a pro rata basis.Nuevo, which holds a 100% interest in the La Negra Mine, in Querétaro, Mexico, is now a wholly-owned subsidiary of the Company. Mark Ayranto, CEO, commented: "We are incredibly excited to bring the La Negra Mine and team into Silverco, marking the beginning of our journey as a silver producer. The long and productive history of the La Negra Mine is a testament to the quality of this project and we look forward to returning the project to its full potential over the remainder of 2026 through a low capital investment program. In addition, we will be embarking on one of the first exploration programs at the project in nearly two decades to identify additional opportunities for growth. Combining this mine with our Cusi project, which is on track to be restarted in H2 2026, places us firmly on the path to achieve our vision of becoming a 10 million ounce silver equivalent producer within three years." La Negra is a producing silver- lead – zinc- copper mine located approximately 150 kilometres by paved road from Querétaro city. The mine initially commenced modern production in 1971 and was operated consistently for 29 years by Peñoles. After a series of different owners and operators between 2001 and 2017, it was restarted again in 2024 and is currently operating at 55% of its 2,500 tonne per day capacity. Ground conditions at the mine are very good allowing for mining to be conducted via room and pillar and long hole methods with limited ground support and backfill. The process plant employs a standard crushing, grinding, flotation, and filtration circuit producing lead-silver, copper-silver, and zinc concentrates. The mine is located within the prolific Sierra Gorda range which is host to numerous discoveries. Mineralization at La Negra is hosted in a skarn and metallurgy is well understood given the more than 40 years of operating history. Exploration drilling at the project has been limited over the last two decades. Through the remainder of 2026, Silverco will focus on increasing throughput through investments in equipment, spare parts, and enhanced maintenance programs, as well as undertake a 15,000 – 20,000 metre exploration drill program. The Company is targeting completion of a resource estimate and mine plan in H2 2026. About Silverco Mining Ltd.The Company owns a 100% interest in the Cusi Project located in Chihuahua State, Mexico (the "Cusi Property") and the producing La Negra Mine in Querétaro, Mexico. The Cusi Property includes a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City and a 1,200 tonne per day mill with tailings capacity approximately 40 kilometres from the mine. The project boasts excellent infrastructure, including paved highway access and connection to the national power grid. Cusi lies within the prolific Sierra Madre Occidental gold-silver belt and hosts multiple historical Ag-Au-Pb-Zn producing mines and several significant exploration targets. A recent Preliminary Economic Assessment outlined compelling economics for a restart that is targeted to begin in H2 2026. The La Negra Mine is a currently producing underground silver – lead- zinc – copper mine that was restarted in 2024 and is currently operating at 55% of its 2,500 tonne per day capacity. Mining is completed using room and pillar and long hole methods and the processing plant employs a standard crushing, grinding, flotation, and filtration circuit producing lead-silver, copper-silver, and zinc concentrates. The project is located along the Sierra Gorda Belt within a land package that has seen limited exploration over the last two decades.On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEO
Email: mayranto@silvercomining.comFor further information, please contact: Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations).These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include but are not limited to: the potential of the La Negra Mine; future production; achieving the Company's goals; the potential benefits of the Transaction; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks are set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298078 Original: Silverco Mining Completes Acquisition of Nuevo Silver to Become the Newest Silver Producer
CA Market News
2月前
Silverco Mining Executes Definitive Agreement for the Acquisition of Nuevo SilverApril 27, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Silverco Mining Ltd. (TSXV: SICO) (OTCQB: SICOF) (the "Company") is pleased to announce that it has entered into a definitive share exchange agreement (the "Definitive Agreement") providing for the previously announced acquisition by the Company of Nuevo Silver Inc. ("Nuevo"). Pursuant to the Definitive Agreement, the Company will acquire all of the issued and outstanding common shares of Nuevo (the "Transaction") by way of issuance of common shares of the Company (the "Silverco Shares"). Following the closing of the Transaction, Nuevo will be a wholly-owned subsidiary of the Company.Currently, Nuevo holds a 100% interest in the La Negra Mine in Querétaro, Mexico (the "La Negra Mine"), which is a producing silver mine. Pursuant to the Definitive Agreement, among other things: Existing shareholders of Nuevo (the "Nuevo Shareholders") will receive an aggregate of 16,802,316 Silverco Shares;The Company will assume Nuevo's existing indebtedness of approximately US$11 million associated with the producing La Negra Mine; andThe Company will assume US$12.5 million in milestone payments and US$5 million in contingent payments potentially payable to the former owner of the La Negra Mine.Closing of the Transaction is subject to a number of customary conditions, including all necessary consents, approvals, and other authorizations of any regulatory authorities or third parties being obtained. The Transaction constitutes a "Fundamental Acquisition" of the Company for purposes of Policy 5.3 - Acquisitions and Dispositions of Non-Cash Assets of the TSX Venture Exchange ("TSXV") Corporate Finance Manual. The Transaction has been conditionally accepted by the TSXV and is subject to final TSXV acceptance, which is pending TSXV review of final materials that have been submitted by the Company. Closing of the Transaction will occur as soon as reasonably possible after the satisfaction or waiver of all conditions precedent.It is anticipated that on completion of the Transaction, the former Nuevo Shareholders will hold approximately 31% of the outstanding Silverco Shares, and the existing holders of the Silverco Shares will hold approximately 69% of the outstanding Silverco Shares.Related Party TransactionCertain insiders of the Company are Nuevo Shareholders. There are no insiders of the Company that are also insiders of Nuevo. The applicable insiders of the Company that hold Nuevo shares are: Mark Ayranto (President, Chief Executive Officer and director of the Company), Gary Brown (director of the Company), Tim Sorensen (director of the Company), Sean Fallis (Chief Financial Officer), Nico Harvey (Vice President, Project Development) and Eric Sprott (shareholder currently holding 10% or more of the Silverco Shares) (collectively, the "Silverco Insiders"). The Silverco Insiders' collective ownership in Nuevo is approximately 7.35%, with the Company's board of directors (the "Board") and management representing approximately 3.34%.Consequently, the Transaction is considered a "related party transaction" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). However, the Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with such insiders' participation in the Transaction in reliance on Sections 5.5(b) and 5.7(1)(a) of MI 61-101.The Company will file a material change report in respect of the Transaction; however, the material change report may be filed less than 21 days prior to the closing of the Transaction, which is consistent with market practice and the Company deems reasonable in the circumstances.Fairness Opinion and Board ApprovalThe Board has received a favourable fairness opinion from ATB Cormark Capital Markets. In addition, the Board has approved the Transaction, with each of Mark Ayranto, Gary Brown and Tim Sorensen abstaining from the approval of the issuance of Silverco Shares to each of them pursuant to the Transaction. The Company will make further disclosure in accordance with applicable securities laws and TSXV policies as may be necessary, and will provide updates as material developments occur.About Silverco Mining Ltd.The Company owns a 100% interest in the 11,665-hectare Cusi Project located in Chihuahua State, Mexico (the "Cusi Property"). It lies within the prolific Sierra Madre Occidental gold-silver belt. There is an existing 1,200 ton per day mill with tailings capacity at the Cusi Property. The Cusi Property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City. The Cusi Property boasts excellent infrastructure, including paved highway access and connection to the national power grid. The Cusi Property hosts multiple historical Ag-Au-Pb-Zn producing mines, each developed along multiple vein structures. The Cusi Property hosts several significant exploration targets, including the extension of a newly identified downthrown mineralized geological block and additional potential through claim consolidation. On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEOEmail: mayranto@silvercomining.comFor further information, please contact: Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations).These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include but are not limited to: the ability of the parties to complete the Transaction; the satisfaction or waiver of closing conditions; the receipt of all required approvals in a timely manner; the potential of the La Negra Mine; future production; achieving the Company's goals; the potential benefits of the Transaction; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks are set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294312
Original: Silverco Mining Executes Definitive Agreement for the Acquisition of Nuevo Silver
CA Market News
2月前
Silverco Mining Announces Filing of 2025 Audited Financial Statement and MD&AApril 24, 2026 8:54 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 24, 2026) - Silverco Mining Ltd. (TSXV: SICO) (OTCQB: SICOF) ("Silverco" or the "Company") is pleased to announce that its audited consolidated financial statements and Management's Discussion and Analysis for the year ended December 31, 2025 are available on SEDAR+ at www.sedarplus.ca. About Silverco Mining Ltd.The Company owns a 100% interest in the 11,665-hectare Cusi Project located in Chihuahua State, Mexico (the "Cusi Property"). It lies within the prolific Sierra Madre Occidental gold-silver belt. There is an existing 1,200 ton per day mill with tailings capacity at the Cusi Property. The Cusi Property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City. The Cusi Property boasts excellent infrastructure, including paved highway access and connection to the national power grid. The Cusi Property hosts multiple historical Ag-Au-Pb-Zn producing mines, each developed along multiple vein structures. The Cusi Property hosts several significant exploration targets, including the extension of a newly identified downthrown mineralized geological block and additional potential through claim consolidation. Furthermore, the Company recently announced a binding letter agreement to acquire Nuevo Silver Inc., which owns 100% of the producing La Negra Silver Mine in Querétaro, Mexico.On Behalf of the Board of Directors"Mark Ayranto"Mark Ayranto, President & CEO
Email: mayranto@silvercomining.com For further information, please contact:Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statement and Forward-Looking InformationThis news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company's future performance and are generally identified by words such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "goal", "intend", "may", "objective", "outlook", "plan", "potential", "priority", "schedule", "seek", "should", "target", "will", and similar expressions (including negative and grammatical variations).These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include: timely receipt of permits and approvals necessary for planned work; access to surface rights and community support; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company's ability to secure additional financing on acceptable terms when required.Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such factors include, without limitation: exploration, development and operating risks (including drilling, sampling, assaying, interpretation and modeling uncertainties; variability of mineralization; representativity of samples; true-width estimation; metallurgical variability; water management; geotechnical and ground conditions); risks inherent in estimating or converting mineral resources; the absence of current mineral reserves at the Cusi Property; that AgEq is a reporting metric only and does not imply economic recoverability; permitting, licensing and regulatory risks in Mexico (including changes in mining, environmental, labour, water, land access and related regimes); community relations, social licence and stakeholder engagement risks; title, surface rights, access and environmental liability risks; health, safety and security risks; commodity price and FX volatility (silver, gold, lead, zinc; MXN/CAD/USD); cost inflation, supply-chain disruptions and contractor availability; political and macroeconomic instability; financing and liquidity risks (including the availability and terms of debt and/or equity); TSX Venture Exchange and other regulatory approvals; counterparty risks; limitations and uncertainties relating to historical data and third-party reports (including the risk that historical results cannot be verified to NI 43-101 standards); force majeure events; litigation and enforcement risks; and those additional risks set out in the Company's public disclosure filings available on SEDAR+ at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management's current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294247
Original: Silverco Mining Announces Filing of 2025 Audited Financial Statement and MD&A
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