These are the gold stocks with the best value, fastest growth, and most momentum for September 2021.

TORONTO, Aug. 27, 2021 (GLOBE NEWSWIRE) — Further to its news release dated August 13, 2021, Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce the closing of a non-brokered private placement of 5,000,000 common shares (the “Charity FT Shares”), issued on a flow-through basis at a price of C$0.40 per Charity FT Share for gross proceeds of C$2,000,000 (the “Offering”). Due to strong investor demand, the Offering was upsized from C$1,500,000.

“We are very grateful for the continued support of our existing shareholders and excited to welcome new institutional resource funds into the fold who subscribed for the majority of this financing. We look forward to kicking off our fall 2021 field season and advancing our projects in the coming weeks,” stated Paul Sobie, Chief Executive Officer of Churchill.

The Company intends to use the gross proceeds of the Offering for the exploration of the Company’s key projects, which may include its Taylor Brook Project in Newfoundland, its recently optioned Florence Lake Project in Labrador, its Pelly Bay Project in Nunavut and its White River Project in Ontario.

The gross proceeds from the issuance of the Charity FT Shares will be used for “Canadian Exploration Expenses” (within the meaning of the Income Tax Act (Canada)) (the “Qualifying Expenditures”), which will be renounced with an effective date no later than December 31, 2021 to the purchasers of the Charity FT Shares in an aggregate amount not less than the gross proceeds raised from the issue of the Charity FT Shares. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each subscriber of Charity FT Shares for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures.

Red Cloud Securities Inc. acted as a finder in connection with the Offering. Pursuant to the Offering, the Company paid total cash finder’s fees of C$107,710 and issued to Red Cloud 269,275 finder warrants of the Company (the “Finder’s Warrants”). Each Finder’s Warrant is exercisable to acquire one common share of the Company at a price of C$0.40 at any time on or before August 27, 2023.

The Charity FT Shares and the Finder’s Warrants (including any common shares issuable on exercise thereof) are subject to a statutory four month and one day hold period under applicable Canadian securities laws. The Offering is subject to the final acceptance of the TSX Venture Exchange (“TSXV”).

About Churchill Resources Inc.

Churchill is managed by career mining industry professionals which currently holds four exploration projects, namely Taylor Brook in Newfoundland, Florence Lake in Labrador, Pelly Bay in Nunavut and White River in Ontario. All projects are at the evaluation stage, with known mineralized Ni-Cu-Co showings at Taylor Brook, Florence Lake and Pelly Bay, and diamondiferous kimberlitic intrusives at White River and Pelly Bay. The primary focus of Churchill is on the continued exploration and development of the Taylor Brook and Florence Lake Nickel Projects.

Further Information

For further information regarding Churchill, please contact:

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", “proposed”, "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, the use of proceeds from the Offering, the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; and future exploration plans and costs and financing availability.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the Company’s properties; the receipt of all applicable regulatory approvals for the Offering; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; ongoing uncertainties relating to the COVID-19 pandemic; and those factors described in the most recently filed management’s discussion and analysis of the Company. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

TSX Venture Exchange (TSX-V): GRG
Frankfurt Stock Exchange (FSE): G6A
OTCQB Venture Market (OTCQB): GARWF

VANCOUVER, BC, Aug. 27, 2021 /CNW/ – Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") has received approval from the TSX Venture Exchange (the "Exchange") to commence a normal course issuer bid (the "Bid") to purchase up to 10,132,012 of its common shares ("Shares"), being equal to 10% of the Public Float (as defined in the policies of the Exchange) as at August 10, 2021. Pursuant to the policies of the Exchange, the Bid will commence on September 1, 2021 and will end on the earlier of August 31, 2022, or at such time as the Bid has been completed or the Bid is terminated at the Company's discretion.

The board of directors of the Company are of the opinion that the recent market prices of its Shares do not reflect the underlying value of its property portfolio and its strong financial position. Accordingly, the purchase of Shares through the Bid is in the best interests of the Company and its shareholders, as it will increase the proportionate share interest of remaining shareholders. The Bid will afford an increased degree of liquidity to the Company's shareholders. The directors also believe that there will be long term benefits to the Company with fewer Shares issued and outstanding.

All Shares purchased pursuant to the Bid will be made on the open market through the facilities of the Exchange by PI Financial Corp. on behalf of the Company, and the purchase and payment for the acquired Shares will be made by the Company in accordance with the requirements of the Exchange.

To the knowledge of the Company, no director, senior officer, or other insider of the Company, or any associate of such person, or any associate or affiliate of the Company, currently intends to sell any Shares into the Bid. However, sales by such persons through the facilities of the Exchange or any other available market or alternative trading system in Canada may occur if the personal circumstances of any such person change or if any such person makes a decision unrelated to the Bid. The benefits to any such person whose Shares are purchased would be the same as the benefits available to all other holders whose Shares are purchased.

About Golden Arrow:

Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits. The Company is well-leveraged to the price of gold, having monetized its Chinchillas silver discovery into a significant holding in precious metals producer SSR Mining Inc.

Golden Arrow is actively exploring a portfolio that includes an epithermal gold project in Argentina, a district–scale frontier gold opportunity in Paraguay, a base-metal project in the heart of a leading mining district in Chile and more than 180,000 hectares of properties in Argentina.

The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

________________________
Mr. Nikolaos Cacos,
Director and Vice President, Corporate Development

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/golden-arrow-announces-normal-course-issuer-bid-301363968.html

SOURCE Golden Arrow Resources Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2021/27/c2868.html

VANCOUVER, British Columbia, Aug. 27, 2021 (GLOBE NEWSWIRE) — Prospect Ridge Resources Corp. (CSE:PRR) (the "Company" or "Prospect") is pleased to announce that it has entered into a property option agreement with Loan Wolf Exploration Ltd. (“Loan Wolf”) dated August 26, 2021 (the "Agreement"), pursuant to which the Company has acquired options to purchase a 100% interest in and to certain mineral claims and placer claims collectively known as the Holy Grail Property (the “Property”). Such options are comprised of: (1) an option to purchase 50% of the mineral claims comprising the Property (the “First Option”); (2) an option to purchase the remaining 50% of the mineral claims comprising the Property (the “Second Option”); and (3) an option (the “Placer Option” and, together with the First Option and the Second Option, the “Option”) to purchase 100% of the placer claims comprising the Property (the “Placer Claims”). The Property is located north of Terrace, B.C., near the historical mining area known as the Golden Triangle.

Option to Acquire the Holy Grail Property

In order to maintain and exercise the First Option, Prospect must satisfy the following requirements:

In order to maintain and exercise the Second Option, Prospect must satisfy the following requirements:

In order to maintain and exercise the Placer Option, Prospect must, subject to exercise of the Second Option, make a cash payment in the amount of the aggregate staking and maintenance costs incurred by Prospect on the Placer Claims up to and including the Closing Date on or before the date that is 30 days after the deemed exercise of the Second Option.

The Company has granted Loan Wolf a 3.0% net smelter returns royalty (the “Royalty”) with respect to non-placer operations on the Property. The Company has the right to purchase from Loan Wolf 1.0% of the Royalty for $1,000,000 within 5 years after the earlier of the date that Option is exercised or the Agreement is terminated. With respect to placer operations on the Placer Claims, the Company has also granted Loan Wolf a royalty, payable in kind, equal to 10% of the placer gold and gemstones removed from the Property.

During the period ending on the earlier of the date the Option is exercised and the date the Agreement is terminated, and for a period of two years thereafter, the Company has agreed to provide Loan Wolf with a right of first refusal to participate in any equity financing conducted by the Company such that its aggregate holding of common shares in the Company (including convertible securities held by Loan Wolf) equals 9.9% of the then-issued common shares of the Company upon completion of the equity financing.

Finder’s Fees

In connection with the Agreement, the Company has also agreed to issue to Triple K Ventures Ltd. (“Triple K”) an aggregate of 1,000,000 finder’s shares in accordance with the following schedule:

The Company has further agreed to reimburse Triple K for certain expenditures incurred in respect of the Property in the amount of $293,339.50.

Triple K is 100% owned and controlled by Michael Iverson, who is being appointed as the Chief Executive Officer and a director of the Company, as discussed below.

Appointment of Michael Iverson as Chief Executive Officer and Director

The Company is also pleased to announce that Michael Iverson has been appointed as its new Chief Executive Officer and a director, with Liam Corcoran voluntarily stepping down as Chief Executive Officer. Mr. Corcoran will continue to serve on the Company’s board of directors.

Mr. Iverson brings over 30 years of executive experience in public markets, including corporate development, capital formation, acquisitions and mergers. In 1998, Mr. Iverson founded Niogold Mining Corp. (previously TSXV:NOX) and co-founded Fortuna Silver Mines Inc. (TSE:FVI), and went on to serve in various executive roles at both companies including Chairman, Chief Executive Officer and President until 2016. Since 2007, Mr. Iverson has also held various executive positions at Volcanic Gold Mines. At Niogold, he led the acquisition and exploration of a large land package in Val D’Or, following which the company was acquired by Oban Mining Corp., now operating as Osisko Mining Inc., as a significant premium to the company’s market capitalization. At Fortuna, he was an integral part of the company’s successful development into a silver producer with operating mines in Peru and Mexico. This is Mr. Iverson’s first position as Chief Executive Officer of a public company since transitioning out of that role with Niogold in 2016. Mr. Iverson brings a wealth of experience in public and private equity markets and important management disciplines in strategic planning, sales and marketing, having raised, invested and co-invested $100 million in the companies he has led and advised. Mr. Iverson has acted as the CEO and/or director of companies over the years which have achieved, in aggregate during the periods of time while Mr. Iverson was so acting, peak market capitalizations in excess of $1 billion.

Non-Brokered Private Placement

The Company is further pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 17,142,858 units of the Company (the “Units”) at a price of $0.35 per Unit for gross proceeds of up to $6,000,000. Each Unit will be comprised of one Share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”), with each Warrant entitling the holder thereof to purchase one Share for an exercise price of $0.70 per Share for a period of 18 months from the date of issuance. The Warrants will be subject to a forced exercise clause if the trading price of the Shares equals or exceeds $1.15 for 10 consecutive days.

The Company intends to use the proceeds from the Private Placement for exploration purposes on the Galinee and Holy Grail projects, marketing and public relations and for general working capital purposes.

Grant of Options

The Company also announces that it has issued a total of 2,850,000 stock options to certain of its directors, officers, employees and consultants. All of the stock options will be exercisable for a period of 18 months at an exercise price of $0.50.

About Prospect Ridge Resources Corp.

Prospect Ridge Resources Corp. is a mineral exploration company engaged in the identification, acquisition and exploration of mineral projects in North America.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the exercise of the Option on the terms set out in the Agreement; the anticipated proceeds to be raised under the Private Placement; the use of any proceeds raised under the Private Placement; and finder’s fees to be paid in connection with the Option. These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: a failure to obtain regulatory approval of the Option on the terms set out in the Agreement; failure to exercise the Option on the terms set out in the Agreement or at all; delays in obtaining or failure to obtain required regulatory approvals for the Private Placement; market uncertainty; and failure to raise the anticipated proceeds under the Private Placement.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the Company will obtain the required regulatory approval with respect to the Option on the terms set out in the Agreement and with respect to the Private Placement; the Company will be able to raise the anticipated proceeds under the Private Placement; and the Company will use the proceeds of the Private Placement as currently anticipated.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

CONTACT: Contact Information Prospect Ridge Resources Corp. Bennett Liu, Chief Financial Officer Email: prospectridgeresources@gmail.com Telephone: (236) 521-0576

PERTH, Australia, Aug. 26, 2021 /CNW Telbec/ – Galaxy Resources Limited (ASX: GXY) (Company) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company's platform (ASX):

• Merger of Galaxy and Orocobre Implemented

The announcement can be viewed at:

https://www2.asx.com.au/markets/trade-our-cash-market/announcements.gxy

SOURCE Galaxy Resources Limited

View original content: http://www.newswire.ca/en/releases/archive/August2021/26/c8739.html

Project location

Proximity to Bodie-Aurora-Borealis mining district in Nevada

Rock photos

Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the table within the body of the press release.

Rock photos

Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the table within the body of the press release.

Rock photos

Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the table within the body of the press release.

• Parallel Structure to Prolific Bodie-Aurora-Borealis Mines

• High-Grade Surface Rock Samples of Over 8 g/T Gold

WATCH VIDEO SUMMARY OF THE PRESS RELEASE

WINNEMUCCA, Nev., Aug. 26, 2021 (GLOBE NEWSWIRE) — Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount”) announced today that it has entered into an agreement with Nevada Select Royalty (“Nevada Select”) to purchase a 100% interest in the Bald Peak Project (“Bald Peak”) located in Mineral County, Nevada. Nevada Select is a wholly owned subsidiary of Ely Gold Royalties Inc., which was recently acquired by Gold Royalty Corp. (NYSE American: GROY).

Paramount President and COO, Glen Van Treek, commented: “We are thrilled to expand our portfolio of assets in a cost-effective manner to fuel future growth. This project has excellent gold values at surface but has never been drilled and is in one of the world’s best mining jurisdictions. Bald Peak fits our strategy of applying our team’s technical expertise to de-risk and advance US precious metals assets through the mine development cycle.”

Bald Peak is a large gold and silver epithermal system with several miles of prospective ground in the prolific, Bodie-Aurora-Borealis district which has produced over 3 million ounces of gold from open pit mines. Gold and silver mineralization is associated with strongly silicified rock in a well-defined 4-mile-long structural system. Surface outcropping has returned rock samples grading over 8 g/T gold. The gold-bearing silicified material exhibits a strong, easy-to-follow resistivity signature (see table below).

During due diligence, the Paramount technical team identified an alteration system stretching beyond the Bald Peak property and has staked additional claims extending towards Hecla Mining’s Aurora Mine.

Paramount’s plan is to initiate surface sampling, geological reconnaissance, and a subsequent geophysical survey to map silicification at depth to identify drill targets.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e546d92c-710e-455d-8066-899aed9410b5

Paramount has the right to acquire a 100% interest in the Bald Peak Project for total consideration of $300,000 payable to Nevada Select as follows:

• $20,000 on closing of the transaction (paid);

• $30,000 upon the receipt of a drilling permit (the “Permit Date”);

• $50,000 one year following the Permit Date;

• $50,000 due on each of the second and third years following the Permit Date; and

• A final payment of $100,000 four years following the Permit Date.

• Nevada Select, upon option exercise, will retain a 3% Net Smelter Royalty (“NSR”), on the Nevada Select Claims

• Paramount has the right to reduce the NSR to 2% for a payment of $1 million.

The following rock samples identify some of multiples the high-grade gold and silver potential at Bald Peak.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/296311bf-a02a-45c6-b81d-ae5495dc5946

https://www.globenewswire.com/NewsRoom/AttachmentNg/a4cee8f9-7710-459e-908f-0f60aa56f290

https://www.globenewswire.com/NewsRoom/AttachmentNg/b5c521bb-1256-4e6f-8e3a-a44b637acdb5

To stay informed of future press releases, subscribe to our E-Alerts Program and to learn more about our projects visit the projects section of our website.

About Paramount Gold Nevada Corp.

Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company. Paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering joint ventures with producers for construction and operation; or constructing and operating mines for its own account.

Paramount owns 100% of the Grassy Mountain Gold Project which consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon. The Grassy Mountain Gold Project contains a gold-silver deposit (100% located on private land) for which results of a positive Feasibility Study have been released and key permitting milestones accomplished.

Frost is comprised of 84 unpatented lode claims covering approximately 1,730 acres located 12 miles southwest of the Company’s proposed high-grade, underground Grassy Mountain gold mine in Malheur County, Oregon (“Grassy”).

Paramount owns a 100% interest in the Sleeper Gold Project located in Northern Nevada, the world’s premier mining jurisdiction. The Sleeper Gold Project, which includes the former producing Sleeper mine, totals 2,322 unpatented mining claims (approximately 60 square miles or 15,500 hectares). The Sleeper gold project is host to a large gold deposit (over 4 million ounces of mineralized material) and the Company has completed and released a positive Preliminary Economic Assessment. With higher gold prices, Paramount has begun work to update and improve the economics of the Sleeper project.

Safe Harbor for Forward-Looking Statements

This release and related documents may include "forward-looking statements" and “forward-looking information” (collectively, “forward-looking statements”) pursuant to applicable United States and Canadian securities laws. Paramount’s future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Words such as "believes," "plans," "anticipates," "expects," "estimates" and similar expressions are intended to identify forward-looking statements, although these words may not be present in all forward-looking statements. Forward-looking statements included in this news release include, without limitation, statements with respect to the use of proceeds from the Offerings. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable. Assumptions have been made regarding, among other things: the conclusions made in the feasibility study for the Grassy Mountain Gold Project (the “FS”); the quantity and grade of resources included in resource estimates; the accuracy and achievability of projections included in the FS; Paramount’s ability to carry on exploration and development activities, including construction; the timely receipt of required approvals and permits; the price of silver, gold and other metals; prices for key mining supplies, including labor costs and consumables, remaining consistent with current expectations; work meeting expectations and being consistent with estimates and plant, equipment and processes operating as anticipated. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to: uncertainties involving interpretation of drilling results; environmental matters; the ability to obtain required permitting; equipment breakdown or disruptions; additional financing requirements; the completion of a definitive feasibility study for the Grassy Mountain Gold Project; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs and between estimated and actual production; the global epidemics, pandemics, or other public health crises, including the novel coronavirus (COVID-19) global health pandemic, and the spread of other viruses or pathogens and the other factors described in Paramount’s disclosures as filed with the SEC and the Ontario, British Columbia and Alberta Securities Commissions.

Except as required by applicable law, Paramount disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

Paramount Gold Nevada Corp.
Rachel Goldman, Chief Executive Officer
Christos Theodossiou, Director of Corporate Communications
866-481-2233
Twitter: @ParamountNV

With its stock down 27% over the past three months, it is easy to disregard Great Panther Mining (TSE:GPR). But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to Great Panther Mining's ROE today.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

See our latest analysis for Great Panther Mining

How To Calculate Return On Equity?

The formula for ROE is:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Great Panther Mining is:

20% = US$22m ÷ US$107m (Based on the trailing twelve months to June 2021).

The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each CA$1 of shareholders' capital it has, the company made CA$0.20 in profit.

Why Is ROE Important For Earnings Growth?

We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company’s earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.

A Side By Side comparison of Great Panther Mining's Earnings Growth And 20% ROE

To begin with, Great Panther Mining seems to have a respectable ROE. Especially when compared to the industry average of 15% the company's ROE looks pretty impressive. As you might expect, the 21% net income decline reported by Great Panther Mining is a bit of a surprise. We reckon that there could be some other factors at play here that are preventing the company's growth. These include low earnings retention or poor allocation of capital.

So, as a next step, we compared Great Panther Mining's performance against the industry and were disappointed to discover that while the company has been shrinking its earnings, the industry has been growing its earnings at a rate of 30% in the same period.

Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Great Panther Mining's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

Is Great Panther Mining Efficiently Re-investing Its Profits?

Summary

Overall, we feel that Great Panther Mining certainly does have some positive factors to consider. However, given the high ROE and high profit retention, we would expect the company to be delivering strong earnings growth, but that isn't the case here. This suggests that there might be some external threat to the business, that's hampering its growth. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This release corrects the one issued yesterday by adding images.

VANCOUVER, BC / ACCESSWIRE / August 26, 2021 / CMC Metals Ltd. (TSXV:CMB)(FRA:ZM5N)(OTC PINK:CMCZF); (the "Company") announces that initial positive soil geochemical results demonstrate validation of airborne geophysical targets at its flagship Silver Hart project in Yukon.

CMC has significantly extended previous soil geochemical surveys at Silver Hart as a part of validating targets identified by its property wide airborne SkyTEM geophysical survey completed earlier this year. The airborne survey identified eight new targets areas on the property (T1 to T8, see Figure 1) and initial results of soil geochemical surveys over T1 and T4 are highly encouraging. Results in the remainder of these target areas and the six other target areas are pending.

Existing mineralization in known mineralized veins in the Main Zone occur along northeasterly structures in an area characterized with low magnetic features, moderate conductivity, and in close proximity to the geological contact between volcanics of the Cassiar Batholith with overlying meta-sedimentary sequences including limestones and schists. These polymetallic veins are known to have strike extent up to 1.35 kilometers with above average grades of silver, lead, zinc with minor copper and gold.

T1 was a target located within the KW zone in the northwestern portion of the property. Previous surveys had indicated geochemical anomalies in the northwestern corner of this zone. Current results (see figure 2) have identified a stronger anomalous area extending further to the northeast over an area of possible strike length of 400-750 meters with a width of over 200 meters depicting northeasterly trends. The silver soil anomaly is also coincident with lead and zinc soil anomalies. The anomaly remains open in all northerly directions and is associated with key setting features including low magnetism, moderate conductivity, and in close proximity to the Cassiar Batholith-sedimentary contact.

T4 was a target located within the northernmost portion of the South Zone. This zone now comprises of a significant anomalous area (see Figure 3) extending over 2.5 kilometers in possible strike length with concentrated anomalies in both the southernmost portion and now defined in the northeastern area.

The recent results show a strong anomaly of silver in soils coincident with lead and zinc soil anomalies. Like T1, the anomalies in the T4 area, and within the South Zone, are now known to be associated with low magnetism, moderate conductivity and in close proximity to the Cassiar Batholith-sedimentary contact. The current anomaly remains open to the east, north and west and is northeasterly trending.

Kevin Brewer, P.Geo. President and CEO notes, "The SkyTEM airborne geophysical survey identified several attractive drill targets new areas for us at Silver Hart and Blue Heaven in areas that prior to this field season had never been explored. Subsequently, we have completed geochemical surveys, mapping and prospecting over these areas to help further delineate the potential of these zones. With the current validation we will then evaluate those areas which merit drilling in 2022 and beyond. We are now more confident in the two targets (T1 and T4) where we have now received geochemical results as they serve to verify the validity of our property wide 3D modelling and our geophysical analysis. T1 and T4 are very prominent targets with large spatial areas that if mineralized could significantly increase the current resources of high-grade silver, lead and zinc at Silver Hart. In addition, if you compare the extent of known polymetallic veins in the Main Zone (see Figure 1) to the areas of prospectivity it is evident that there is a lot of exploration upside potential on this project and we still feel we have not yet identified all areas with potential for high grade polymetallic veins and possibly carbonate replacement style deposits."

John Bossio, Chairman notes, "We are very pleased with these preliminary results from our 2021 program. Since 2019 our overall strategy has been to implement a systematic property wide exploration effort to undertake an evaluation of the true exploration potential of Silver Hart which has never been undertaken in its 35-year history. What is giving us confidence in this project is that every survey and work effort has added value to the project and contributed significantly to our understanding of the high-grade polymetallic vein system. We feel this will aid us in identifying future drill targets outside of the identified structures in the Main Zone. We also understand that our shareholders and others are interested in receiving news on our current drilling program focussed on expanding our resources in the Main Zone. To date we have completed 13 holes and we are on target to complete Phase 1 of our planned drill efforts which will continue into 2022. We expect results soon."

The Company is continuing its efforts to seek a partner for our Bridal Veil and Terra Nova Projects in Newfoundland. As previously noted the Company is planning to undertake further exploration of these properties in October. Bridal Veil is known to host high grade copper-lead-silver +/- gold mineralization in veins and a unexplained geophysical anomaly. Only a small portion of the property to date has been explored. Bridal Veil is located in central Newfoundland in the Gander Zone, approximately 20 kilometers east of the Newfound Gold Queensway Gold discovery, 10 kilometers east of Gander and is transected by the Trans Canada Highway and the Trans Canada trail system. Terra Nova is also located in Central Newfoundland near the community of Terra Nova. At this property high grades of silver-copper-gold and tungsten have been identified in several showings in an alteration area of 12 square kilometers.

Kevin Brewer, President and CEO notes, "I am personally looking forward to finally getting to examine these promising properties in Newfoundland in October so that we can develop an exploration strategy for 2022. These two properties comprise a total of 197 claims and include several high-grade mineral occurrences. They are polymetallic in nature with both good base and precious metal content from outcrop samples over large areas of alteration. Bridal Veil is of possible orogenic origin and Terra Nova is thought to have the potential to host mesothermal gold -polymetallic deposits. We are glad to have a solid position in one of the best jurisdictions to be operating in the world – Newfoundland – and on a personal note as a Newfoundlander I am looking forward to doing work in my home province."

Qualified Person

Kevin Brewer, a registered professional geoscientist in BC, Yukon and Newfoundland, is the Company's President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has approved the technical information reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical data.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for silver in Yukon and British Columbia and polymetallic deposits in Yukon and Newfoundland. Our silver-lead-zinc prospects include the Silver Hart Deposit and Blue Heaven claims (the "Silver Hart Project") and the recently acquired Rancheria South, Amy and Silverknife claims (the "Rancheria South Project"). Our polymetallic projects with potential for copper-silver-gold and other metals include Logjam (Yukon), Bridal Veil and Terra Nova (both in Newfoundland).

On behalf of the Board:

"John Bossio"

John Bossio, Chairman
CMC METALS LTD.

For further information concerning the CMC Metals Ltd., or its exploration projects, please contact:

Investor Inquiries:
Kevin Brewer, P. Geo., MBA, B.Sc Hons, Dip. Eng
President, CEO and Director
Tel: (604) 670 0019
kbrewer80@hotmail.com
Office:
Suite 110-175 Victory Ship Way
North Vancouver, BC
V7L 0B2

To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer.

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.

"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation."

SOURCE: CMC Metals Ltd.

View source version on accesswire.com:
https://www.accesswire.com/661550/CORRECTION-CMCs-Positive-Geochemical-Survey-Results-Further-Validate-Airborne-Geophysical-Targets-At-Silver-Hart-Project-Yukon

Trading Symbol
TSX: SVM
NYSE American: SVM

VANCOUVER, BC, Aug. 26, 2021 /CNW/ – Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report the results of an updated National Instrument 43-101 ("NI 43-101") Technical Report entitled "NI 43-101 Technical Report Update on the Gaocheng Ag-Zn-Pb Project in Guangdong Province, People's Republic of China" with an effective date of March 31, 2021 (Mineral Resources and Mineral Reserves effective December 31, 2020), prepared by AMC Mining Consultants (Canada) Ltd. ("AMC") (the "GC NI 43-101 Technical Report").

Five of the six authors of the GC NI 43-101 Technical Report qualify as independent Qualified Persons, two of whom visited the GC Mine in January 2018 and examined all aspects of the project, including drill core, underground workings, processing plant, and surface infrastructure. The non-independent author, who is a Silvercorp employee, has visited the site on numerous occasions, with the last two visits from 25 to 30 October 2019 and from 13 to 28 May 2021. The GC NI 43-101 Technical Report will be made available for review on the Company's SEDAR profile and website at www.silvercorp.ca in due course.

Highlights of the GC NI 43-101 Technical Report

From the start of operations at the GC Mine in 2014 through to December 31, 2020, 1,853,662 tonnes have been mined at average head grades of 94 grams per tonne ("g/t") silver ("Ag"), 1.6% lead ("Pb"), and 2.9% zinc ("Zn").

Despite this mine production depletion, there has been an 8% increase in tonnes of combined Proven and Probable Reserves (39% increase in Proven Reserves and 21% decrease in Probable Reserves) compared to the Mineral Reserve estimate in the previous Technical Report on the GC Mine with an effective date of June 30, 2019 (the "2019 Technical Report").

Based on only Proven and Probable Reserves, the GC Mine has a projected life of mine ("LOM") of 13 years through to 2034, at an average annual production rate of approximately 310,000 tonnes, and with average silver equivalent ("AgEq")[1] grades of approximately 309 g/t. The GC Mine has the potential to extend the LOM beyond 2034, via the conversion of existing Mineral Resources to Mineral Reserves, and further exploration and development.

Compared to the Mineral Resources estimate in the 2019 Technical Report, the Measured tonnes have increased by 57% due to the discovery of new veins, new vein interpretations and the conversion of Indicated tonnes (which decreased by 17%) to the Measured Resource classification. Inferred tonnes have also increased by 17%.

The results of the underground drilling program at the GC Mine show that vein structures are still open at depth.

2021 Mineral Reserve and Mineral Resource Update

Silvercorp completed its first phase of diamond drilling at the GC Mine in 2008 and has continued through to the present. The 2019 Technical Report Mineral Resource and Mineral Reserve estimates on the GC Mine were as of December 31, 2018. All Silvercorp drilling has been completed with NQ-sized core. Drillhole collars were surveyed using a total station and downhole surveys were completed every 50 m downhole. Core recoveries varied between 35.66% and 100%, averaging 99.36%.

Mineral Reserves

The Mineral Reserve estimates for the GC Mine were prepared by Silvercorp under the guidance of an independent Qualified Person ("QP"), Mr. H. A. Smith, P.Eng., of AMC, who takes QP responsibility for those estimates. The assumption has been made that current stoping practices will continue to be employed at the GC Mine, namely predominantly shrinkage stoping (69% of projected LOM), combined with some cut and fill resuing (31% of projected LOM), using hand-held drills and hand-mucking within stopes, and loading to mine cars by rocker-shovel or by hand. Minimum mining widths of 1.0 m for shrinkage and 0.5 m for resuing are assumed.

Average dilution has been estimated at 19.8% for shrinkage and 12.4% for resuing, with an average of 17.4%. Assumed mining recovery factors are 92% for shrinkage stopes and 95% for resuing stopes.

The GC NI 43-101 Technical Report defines Mineral Reserves of 4.131 million tonnes in the combined Proven and Probable categories, grading 94 g/t Ag, 1.5% Pb, and 3.2% Zn, containing approximately 12.5 million ounces of silver, 135 million pounds of lead, and 293 million pounds of zinc. Mineral Reserve tonnes are noted to be approximately 41% of Mineral Resource (Measured plus Indicated) tonnes. Silver, lead, and zinc Mineral Reserve grades are 115%, 124%, and 115%, respectively, of the corresponding Measured plus Indicated Mineral Resource grades. Metal content conversions for silver, lead, and zinc from Measured plus Indicated Mineral Resources to Proven plus Probable Mineral Reserves are 47%, 51%, and 47%, respectively. Mineral Reserves are detailed in Table 1 below.

Table 1 GC Mine – Mineral Reserves

Mineral Reserve cut-off grade and key estimation parameters are shown in Table 2 below.

Table 2 Mineral Reserve Cut-off Grades and Key Estimation Parameters

Mineral Resources:

The Mineral Resource estimates for the GC Mine were prepared by Mr. Shoupu Xiang, Resource Geologist of Silvercorp. Ms. Dinara Nussipakynova, P.Geo., of AMC, has reviewed the methodologies and data used to prepare the Mineral Resource estimates and, after some adjustment to the Mineral Resource classification and capping, is satisfied that they comply with reasonable industry practice. Ms. Nussipakynova takes responsibility for these estimates.

Resources were estimated using a block modelling approach, with Micromine^TM software. Interpolation was carried out using inverse distance squared (ID²) for all the veins. Estimates were made for a total of 156 mineralized vein structures for the GC Mine.

The Mineral Resources are reported above a cut-off of 105 g/t AgEq. The cut-off value was based on estimated costs for mining, maintenance/admin, internal ore transport and processing. The cut-off value calculation was generated by AMC with input from Silvercorp. The equivalency formula is: AgEq=Ag g/t+50.46*Pb%+43.53*Zn%. The multiplication factors for Pb and Zn were derived from equations based on metal prices, recoveries, and payable factors.

Mineral Resources at December 31, 2020 total 10.0 million tonnes (inclusive of Mineral Reserves) in the combined Measured and Indicated categories, grading 82 g/t Ag, 1.2% Pb, and 2.8% Zn, containing approximately 26.4 million ounces of silver, 265 million pounds of lead, and 619 million pounds of zinc, and are detailed in Table 3 below.

Table 3 GC Mine – Measured & Indicated Resources (Inclusive of Mineral Reserves), and Inferred Mineral Resources

Qualified Persons and Technical Information

D. Nussipakynova, P.Geo., H. A. Smith, P.Eng., A. Riles, MAIG., A. A. Ross, P.Geo., and S. Robinson, P.Geo., MAIG. of AMC are independent Qualified Persons as defined by NI 43-101. G. Ma, P.Geo. of Silvercorp is a Qualified Person as defined by NI 43-101. All of the QPs reviewed and consented to this news release and believe it fairly and accurately represents the information in the Technical Report that supports the disclosure.

The Mineral Reserve and Mineral Resource estimates have been estimated and compiled in accordance with definitions and guidelines set out in the CIM Definition Standards (2014).

About Silvercorp

Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company's goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects. Silvercorp balances profitability, social and environmental relationships, employees' wellbeing, and sustainable development. For more information, please visit our website at www.silvercorp.ca

CAUTIONARY DISCLAIMER – FORWARD-LOOKING STATEMENTS

Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws (collectively, "forward-looking statements"). Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements relate to, among other things: the price of silver and other metals; the accuracy of mineral resource and mineral reserve estimates at the Company's material properties; the sufficiency of the Company's capital to finance the Company's operations; estimates of the Company's revenues and capital expenditures; estimated production from the Company's mines in the Ying Mining District and the GC Mine; timing of receipt of permits and regulatory approvals; availability of funds from production to finance the Company's operations; and access to and availability of funding for future construction, use of proceeds from any financing and development of the Company's properties.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks relating to: fluctuating commodity prices; calculation of resources, reserves and mineralization and precious and base metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; feasibility and engineering reports; permits and licences; title to properties; property interests; joint venture partners; acquisition of commercially mineable mineral rights; financing; recent market events and conditions; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into the Company's existing operations; competition; operations and political conditions; regulatory environment in China and Canada; environmental risks; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on management; internal control over financial reporting; and bringing actions and enforcing judgments under U.S. securities laws.

This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to in the Company's Annual Information Form under the heading "Risk Factors". Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company's forward-looking statements are based on the assumptions, beliefs, expectations and opinions of management as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

CAUTIONARY NOTE TO US INVESTORS

The disclosure in this news release and referred to herein was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). The terms "proven mineral reserve", "probable mineral reserve", "mineral reserves", "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" used in this news release are in reference to the mining terms defined in the CIM Definition Standards, which definitions have been adopted by NI 43-101. Accordingly, information contained in this news release providing descriptions of our mineral deposits in accordance with NI 43-101 may not be comparable to similar information made public by other U.S. companies subject to the United States federal securities laws and the rules and regulations thereunder.

Investors are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, "Inferred mineral resources" are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.

Canadian standards, including the CIM Definition Standards and NI 43-101, differ significantly from standards in the SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted new mining disclosure rules under subpart 1300 of Regulation S-K of the United States Securities Act of 1933, as amended (the "SEC Modernization Rules"), with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of "Measured Mineral Resources", "Indicated Mineral Resources" and "Inferred Mineral Resources". In addition, the SEC has amended its definitions of "Proven Mineral Reserves" and "Probable Mineral Reserves" to be substantially similar to corresponding definitions under the CIM Definition Standards. During the period leading up to the compliance date of the SEC Modernization Rules, information regarding mineral resources or reserves contained or referenced in this news release may not be comparable to similar information made public by companies that report according to U.S. standards. While the SEC Modernization Rules are purported to be "substantially similar" to the CIM Definition Standards, readers are cautioned that there are differences between the SEC Modernization Rules and the CIM Definitions Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as "proven mineral reserve", "probable mineral reserve", "mineral reserves", "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules.

View original content to download multimedia:https://www.prnewswire.com/news-releases/silvercorp-reports-increased-reserves-and-resources-at-the-gc-mine-301363040.html

SOURCE Silvercorp Metals Inc

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2021/26/c4121.html

Sydney, Australia–(Newsfile Corp. – August 26, 2021) – Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is pleased to announce that it has filed its half year report for the 6 months ended 30 June 2021. The complete Report is available under the Company's profile at www.asx.com.au/, www.sedar.com/ and on the Company's website at www.australgold.com/.

About Austral Gold

Austral Gold Limited is a growing gold and silver mining, development and exploration company building a portfolio of quality assets in Chile, the USA and Argentina. Austral owns a 100% interest in the Guanaco/Amancaya mine in Chile and the Casposo Mine (currently on care and maintenance) in Argentina, a non-controlling interest in the Rawhide Mine in Nevada, USA and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, USA. In addition, Austral owns an attractive portfolio of exploration projects in the Paleocene Belt in Chile (including those acquired in the recent acquisition of Revelo Resources Corp), a non-controlling interest in Pampa Metals and a 100% interest in the Pingüino project in Santa Cruz, Argentina. Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange. (ASX: AGD). For more information, please consult Austral's website at www.australgold.com.

Neither 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.

Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.

For additional information please contact:

Jose Bordogna
Chief Financial Officer
Austral Gold Limited
jose.bordogna@australgold.com
+54 (11) 4323 7558

David Hwang
Company Secretary
Austral Gold Limited
info@australgold.com
+61 (2) 9698 5414

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94623

HALIFAX, NS, Aug. 25, 2021 /PRNewswire/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 6 diamond drill holes from the El Orito area in its Los Ricos North project. Hole LRGO-21-062 intersected 1.2m of 1,197 g/t silver equivalent ("AgEq") contained within 73.7m of 101 g/t AgEq (See Table 1 for details including breakdown of zinc, silver and gold values).

The Company completed an Induced Polarization ("IP") geophysical survey to map out the sulphide rich zone along strike and down dip. Hole LRGO-21-062 and LRGO-21-059 were drilled because of the IP survey, as surface samples taken in that area did not produce strong results, while the IP survey indicated a strong chargeability target. The geophysical survey is continuing eastwards showing a strong target in the El Favor east zone where drilling results are awaited.

"We continue to see strong results from the El Orito zone, and similar to Casados and La Trini we are approaching data cut off for the calculation of the initial resource at the El Orito zone," said Brad Langille, President and CEO. "We continue drilling at El Favor east, Mololoa and El Nayar, which we believe will greatly strengthen the initial resource to be published in Los Ricos North."

Table 1: Drill Hole Intersections

The holes that the Company has drilled to date at El Orito have shown mineralization averaging approximately 30m in width for more than 700m in strike length and up to approximately 300m in vertical depth from surface and is open in all directions. The El Orito deposit is located about 1,000 meters to the west along strike from the El Favor deposit. The Company's exploration team is mapping, sampling, and surveying with IP geophysics to potentially connect the two deposits. The El Orito deposit may be unique in the Los Ricos district as it is the deeper part of the system where silver and base metals are present, while the other targets in the system to date have shown primarily silver and gold mineralization.

The known strike length of the El Orito – El Favor structure is now approaching 2,500 meters and is still open in both directions. The surface topography at El Orito is 400 to 500m lower compared to El Favor and is allowing the exploration team to see this large, mineralized structure over a vertical height of 750 meters when measured from the surface outcrops at El Favor to the intersections in the El Orito drill holes.

Figure 1: Favor-Orito Long Section

Table 2: Drill Hole Locations

Figure 2: El Orito Long Section – Grade Thickness (GT) Equivalent

Figure 3: El Orito Drill Hole Locations

Figure 4: Plan View – La Trini to El Favor Area of Los Ricos North

VRIFY Slide Deck and 3D Presentation

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps.

Access the GoGold Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for GoGold can be viewed at: https://vrify.com/explore/decks/9404 and on the Company's website at: www.gogoldresources.com.

Los Ricos District Exploration Projects
The Company's two exploration projects at its Los Ricos property are in Jalisco state, Mexico. The Los Ricos South Project began in March 2019 and an initial resource was announced on July 29, 2020 which indicated a Measured & Indicated Mineral Resource of 63.7 million ounces AgEq grading 199 g/t AgEq contained in 10.0 million tonnes, and an Inferred Resource of 19.9 million ounces AgEq grading 190 g/t AgEq contained in 3.3 million tonnes. An initial PEA on the project was announced on January 20, 2021 indicating an NPV_5% of US$295M.

The Los Ricos North Project was launched in March 2020 and includes drilling at the El Favor, La Trini, Casados and El Orito targets. During 2020, GoGold's exploration team identified over 100 targets on the Los Ricos North properties, demonstrating the significant exploration potential. The Company plans to drill 10 of these targets as part of its 2021 drilling program which is planned to exceed 100,000 metres of drilling and will be one of the largest in Mexico.

Procedure, Quality Assurance / Quality Control and Data Verification
The diamond drill core (HQ size) is geologically logged, photographed and marked for sampling. When the sample lengths are determined, the full core is sawn with a diamond blade core saw with one half of the core being bagged and tagged for assay. The remaining half portion is returned to the core trays for storage and/or for metallurgical test work.

The sealed and tagged sample bags are transported to the ActLabs facility in Zacatecas, Mexico. ActLabs crushes the samples and prepares 200-300 gram pulp samples with ninety percent passing Tyler 150 mesh (106μm). The pulps are assayed for gold using a 50-gram charge by fire assay (Code 1A2-50) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code 1A3-50). Silver and multi-element analysis is completed using total digestion (Code 1F2 Total Digestion ICP). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code 8-Ag FA-GRAV Ag).

Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. All results stated in this announcement have passed GoGold's QA/QC protocols.

Mr. David Duncan, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Los Ricos South and North projects, and future plans and objectives of GoGold, including the intention to undertake further exploration at Los Ricos North, and the prospect of further discoveries there, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gogold-drills-1-197-gt-ageq-over-1-2m-within-73-7m-of-101-gt-ageq-at-el-orito-in-los-ricos-north-301362353.html

SOURCE GoGold Resources Inc.

VANCOUVER, BC / ACCESSWIRE / August 25, 2021 / CMC Metals Ltd. (TSXV:CMB)(FRA:ZM5N)(OTC PINK:CMCZF); (the "Company") announces that initial positive soil geochemical results demonstrate validation of airborne geophysical targets at its flagship Silver Hart project in Yukon.

CMC has significantly extended previous soil geochemical surveys at Silver Hart as a part of validating targets identified by its property wide airborne SkyTEM geophysical survey completed earlier this year. The airborne survey identified eight new targets areas on the property (T1 to T8, see Figure 1) and initial results of soil geochemical surveys over T1 and T4 are highly encouraging. Results in the remainder of these target areas and the six other target areas are pending.

Existing mineralization in known mineralized veins in the Main Zone occur along northeasterly structures in an area characterized with low magnetic features, moderate conductivity, and in close proximity to the geological contact between volcanics of the Cassiar Batholith with overlying meta-sedimentary sequences including limestones and schists. These polymetallic veins are known to have strike extent up to 1.35 kilometers with above average grades of silver, lead, zinc with minor copper and gold.

T1 was a target located within the KW zone in the northwestern portion of the property. Previous surveys had indicated geochemical anomalies in the northwestern corner of this zone. Current results (see figure 2) have identified a stronger anomalous area extending further to the northeast over an area of possible strike length of 400-750 meters with a width of over 200 meters depicting northeasterly trends. The silver soil anomaly is also coincident with lead and zinc soil anomalies. The anomaly remains open in all northerly directions and is associated with key setting features including low magnetism, moderate conductivity, and in close proximity to the Cassiar Batholith-sedimentary contact.

T4 was a target located within the northernmost portion of the South Zone. This zone now comprises of a significant anomalous area (see Figure 3) extending over 2.5 kilometers in possible strike length with concentrated anomalies in both the southernmost portion and now defined in the northeastern area.

The recent results show a strong anomaly of silver in soils coincident with lead and zinc soil anomalies. Like T1, the anomalies in the T4 area, and within the South Zone, are now known to be associated with low magnetism, moderate conductivity and in close proximity to the Cassiar Batholith-sedimentary contact. The current anomaly remains open to the east, north and west and is northeasterly trending.

Kevin Brewer, P.Geo. President and CEO notes, "The SkyTEM airborne geophysical survey identified several attractive drill targets new areas for us at Silver Hart and Blue Heaven in areas that prior to this field season had never been explored. Subsequently, we have completed geochemical surveys, mapping and prospecting over these areas to help further delineate the potential of these zones. With the current validation we will then evaluate those areas which merit drilling in 2022 and beyond. We are now more confident in the two targets (T1 and T4) where we have now received geochemical results as they serve to verify the validity of our property wide 3D modelling and our geophysical analysis. T1 and T4 are very prominent targets with large spatial areas that if mineralized could significantly increase the current resources of high-grade silver, lead and zinc at Silver Hart. In addition, if you compare the extent of known polymetallic veins in the Main Zone (see Figure 1) to the areas of prospectivity it is evident that there is a lot of exploration upside potential on this project and we still feel we have not yet identified all areas with potential for high grade polymetallic veins and possibly carbonate replacement style deposits."

John Bossio, Chairman notes, "We are very pleased with these preliminary results from our 2021 program. Since 2019 our overall strategy has been to implement a systematic property wide exploration effort to undertake an evaluation of the true exploration potential of Silver Hart which has never been undertaken in its 35-year history. What is giving us confidence in this project is that every survey and work effort has added value to the project and contributed significantly to our understanding of the high-grade polymetallic vein system. We feel this will aid us in identifying future drill targets outside of the identified structures in the Main Zone. We also understand that our shareholders and others are interested in receiving news on our current drilling program focussed on expanding our resources in the Main Zone. To date we have completed 13 holes and we are on target to complete Phase 1 of our planned drill efforts which will continue into 2022. We expect results soon."

The Company is continuing its efforts to seek a partner for our Bridal Veil and Terra Nova Projects in Newfoundland. As previously noted the Company is planning to undertake further exploration of these properties in October. Bridal Veil is known to host high grade copper-lead-silver +/- gold mineralization in veins and a unexplained geophysical anomaly. Only a small portion of the property to date has been explored. Bridal Veil is located in central Newfoundland in the Gander Zone, approximately 20 kilometers east of the Newfound Gold Queensway Gold discovery, 10 kilometers east of Gander and is transected by the Trans Canada Highway and the Trans Canada trail system. Terra Nova is also located in Central Newfoundland near the community of Terra Nova. At this property high grades of silver-copper-gold and tungsten have been identified in several showings in an alteration area of 12 square kilometers.

Kevin Brewer, President and CEO notes, "I am personally looking forward to finally getting to examine these promising properties in Newfoundland in October so that we can develop an exploration strategy for 2022. These two properties comprise a total of 197 claims and include several high-grade mineral occurrences. They are polymetallic in nature with both good base and precious metal content from outcrop samples over large areas of alteration. Bridal Veil is of possible orogenic origin and Terra Nova is thought to have the potential to host mesothermal gold -polymetallic deposits. We are glad to have a solid position in one of the best jurisdictions to be operating in the world – Newfoundland – and on a personal note as a Newfoundlander I am looking forward to doing work in my home province."

Qualified Person

Kevin Brewer, a registered professional geoscientist in BC, Yukon and Newfoundland, is the Company's President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has approved the technical information reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical data.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for silver in Yukon and British Columbia and polymetallic deposits in Yukon and Newfoundland. Our silver-lead-zinc prospects include the Silver Hart Deposit and Blue Heaven claims (the "Silver Hart Project") and the recently acquired Rancheria South, Amy and Silverknife claims (the "Rancheria South Project"). Our polymetallic projects with potential for copper-silver-gold and other metals include Logjam (Yukon), Bridal Veil and Terra Nova (both in Newfoundland).

On behalf of the Board:

"John Bossio"

John Bossio, Chairman
CMC METALS LTD.

For further information concerning the CMC Metals Ltd., or its exploration projects, please contact:

Investor Inquiries:
Kevin Brewer, P. Geo., MBA, B.Sc Hons, Dip. Eng
President, CEO and Director
Tel: (604) 670 0019
kbrewer80@hotmail.com
Office:
Suite 110-175 Victory Ship Way
North Vancouver, BC
V7L 0B2

To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer.

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.

"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation."

SOURCE: CMC Metals Ltd.

View source version on accesswire.com:
https://www.accesswire.com/661234/CMCs-Positive-Geochemical-Survey-Results-Further-Validate-Airborne-Geophysical-Targets-At-Silver-Hart-Project-Yukon

Trading Symbol
TSX: SVM
NYSE AMERICAN: SVM

VANCOUVER, BC, Aug. 25, 2021 /PRNewswire/ – Silvercorp Metals Inc. ("Silvercorp" or the "Company") is pleased to announce a normal course issuer bid to acquire up to 7,054,000 common shares of the Company, representing approximately 4% the 176,354,091 common shares issued and outstanding as of August 22, 2021. The repurchase program will run from August 27, 2021 to August 26, 2022. The Company is taking this action to provide it with enhanced flexibility should market conditions result in Silvercorp's shares being undervalued relative to the value of its mining operations and corporate assets comprised of cash and cash equivalents and short-term investments of $214.4 million, in addition to investments in associates and other companies having a total market value of $243.2 million, both as at June 30, 2021.

Purchases will be made at the discretion of the directors at prevailing market prices, through the facilities of the TSX, the NYSE American, and alternative trading platforms in Canada and the United States, in compliance with regulatory requirements. There can be no assurance as to the precise number of shares that will be repurchased under the share repurchase program. Silvercorp may discontinue its purchases at any time, subject to compliance with applicable regulatory requirements. The Company intends to hold all shares acquired under the issuer bid for cancellation. The price the Company will pay for any common shares will be the market price at the time of purchase or such other price as may be permitted by the CSA. Any private purchase made under an exemption order issued by a securities regulatory authority will generally be at a discount to the prevailing market price.

The Company is not aware of any officers, directors or persons holding 10% or more of the securities that intend to sell their securities at the inception of the normal course issuer bid, but such officers, directors or persons holding 10% or more of the securities may sell their securities during the course of the normal course issuer bid, as their personal circumstances may require. If during the course of the normal course issuer bid the Company becomes aware that officers, directors or persons holding 10% or more of the securities intend to sell their securities, then the Company will not intentionally acquire such securities pursuant to the normal course issuer bid.

The maximum number of shares that may be purchased on the TSX during any trading day may not exceed 134,990 common shares of the Company which is 25% of the average daily trading volume on the TSX based on the previous six completed calendar months of 539,961. This limit, for which there are permitted exceptions, is determined in accordance with TSX regulatory requirements and does not apply to purchases made by the Company on the alternative trading platforms in the United States.

About Silvercorp

Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company's goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects. Silvercorp balances profitability, social and environmental relationships, employees' wellbeing, and sustainable development. For more information, please visit our website at www.silvercorp.ca.

CAUTIONARY DISCLAIMER – FORWARD LOOKING STATEMENTS

Certain of the statements and information in this press release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral resource and mineral reserve estimates at the Company's material properties; the sufficiency of the Company's capital to finance the Company's operations; estimates of the Company's revenues and capital expenditures; estimated production from the Company's mines in the Ying Mining District; timing of receipt of permits and regulatory approvals; availability of funds from production to finance the Company's operations; and access to and availability of funding for future construction, use of proceeds from any financing and development of the Company's properties.

Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks relating to: social and economic impacts of COVID-19; fluctuating commodity prices; calculation of resources, reserves and mineralization and precious and base metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; feasibility and engineering reports; permits and licenses; title to properties; property interests; joint venture partners; acquisition of commercially mineable mineral rights; financing; recent market events and conditions; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into the Company's existing operations; competition; operations and political conditions; regulatory environment in China and Canada; environmental risks; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on management; internal control over financial reporting as per the requirements of the Sarbanes-Oxley Act; and bringing actions and enforcing judgments under U.S. securities laws.

This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information. Forward-looking statements or information are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements or information due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to in the Company's Annual Information Form for the year ended March 31, 2021 under the heading "Risk Factors". Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking statements and information.

View original content to download multimedia:https://www.prnewswire.com/news-releases/silvercorp-announces-share-repurchase-program-301361858.html

SOURCE Silvercorp Metals Inc

Vancouver, British Columbia–(Newsfile Corp. – August 24, 2021) – Quaterra Resources Inc. (TSXV: QTA) ("Quaterra" or the "Company") is pleased to announce the appointment of Mr. Nicholas Lewallen, P.E. as Director of Projects for the Company. Mr. Lewallen is a projects and construction professional with extensive experience advancing mining projects through to production in both domestic and international jurisdictions. Mr. Lewallen is a licensed Professional Engineer and holds a civil engineering degree from the University of Wyoming.

"I welcome Mr. Lewallen to the Company as the project leader for the advancement of the MacArthur oxide copper mine through our ongoing PFS efforts," stated Mr. Travis Naugle, CEO of Quaterra. "His track record in efficiently developing mining projects while maintaining high environmental standards will allow the Company to focus on delivering value to shareholders by advancing the project towards the domestic production of copper at the MacArthur mine. We look forward to continuing to demonstrate our commitment to developing our MacArthur oxide copper project, and other strategic copper assets, in the State of Nevada."

Quaterra Resources further announces the completion of the metallurgical sampling program for the MacArthur oxide copper project. Approximately 4,445 ft (1,355 m) of PQ-sized core were drilled, generating 12 tons (11 tonnes) of representative sample, thereby achieving a key intermediate step to the Pre-Feasibility Study (PFS). In addition to the completion of the metallurgical sampling program, assays from the 5,147 ft (1,569 m) of MacArthur oxide and sulfide resource drilling are expected in the near future.

Additionally, the Company announces that on August 20, 2021 it filed a Petition for Judicial Review of the Declaration of Forfeiture of certain water use permits and certificates long-held by the Company's wholly-owned subsidiary, Singatse Peak Services. This Petition is in response to the Declaration of Forfeiture the Company received from the Division of Water Resources of the State of Nevada on July 23, 2021.

About Quaterra Resources Inc.

Quaterra Resources Inc. is a copper-gold development and exploration company focused on projects with the potential to host large-scale mineral deposits attractive to major mining companies. It is advancing its MacArthur oxide copper project in the historic Yerington Copper District, Nevada. It continues to investigate opportunities to acquire prospects in North America on reasonable terms and the partnerships with which to advance them.

On behalf of the Board of Directors,

Stephen Goodman,
President, Quaterra Resources Inc.

For more information please contact:

Karen Robertson
Corporate Communications
778-898-0057

Email: info@quaterra.com
Website: www.quaterra.com

Disclosure note:

Some statements in this news release are forward-looking statements under applicable United States and Canadian laws. These statements are subject to risks and uncertainties which may cause results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. The Company does not undertake to update any forward-looking statement that may be made from time to time except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94175

When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform.

Corvus Pharmaceuticals

The Trade: Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS) President and CEO Richard A. Miller acquired a total of 10000 shares at an average price of $1.93. To acquire these shares, it cost $19,254.00.

What’s Happening: Corvus Pharmaceuticals recently announced that an investigational new drug application submitted by its partner in China, Angel Pharma for the initiation of a Phase 1/1b clinical trial of Corvus' CPI-818 for the treatment of relapsed/refractory T cell lymphomas has been accepted by the Center for Drug Evaluation of the China National Medical Products Administration.

What Corvus Pharmaceuticals Does: Corvus Pharmaceuticals Inc is a clinical-stage biopharmaceutical engaged in developing drugs and antibodies that target the most critical cellular elements of the immune system.

Hippo Holdings

The Trade: Hippo Holdings Inc. (NYSE: HIPO) Director Noah Knauf acquired a total of 167213 shares shares at an average price of $4.37. The insider spent $730,720.81 to buy those shares.

What’s Happening: Hippo Holdings recently raised its full-year total generated premium guidance.

What Hippo Holdings Does: Hippo Holdings is a home insurance group that created a new standard of care and protection for homeowners.

Comstock Mining

The Trade: Comstock Mining Inc. (NYSE: LODE) Director Leo Drozdoff acquired a total of 17000 shares at an average price of $2.75. To acquire these shares, it cost $46,750.00.

What’s Happening: The company recently reported downbeat quarterly results.

What Comstock Mining Does: Comstock Mining Inc is a mining company with a focus on gold and silver deposits in the Comstock and Silver City mining districts in Nevada.

Hill International

The Trade: Hill International, Inc. (NYSE: HIL) Director Paul Evans acquired a total of 30600 shares shares at an average price of $2.28. The insider spent $69,874.00 to buy those shares.

What’s Happening: Hill International was recently selected by the City of Philadelphia, Division of Aviation, to provide Capital Program Administration support services for the City's ongoing Capital Program at Philadelphia International Airport (PHL). Terms of the contract were not disclosed.

What Hill International Does: Hill International provides project and construction management, and other consulting services for the buildings, transportation, environmental, energy, and industrial markets.

See more from Benzinga

• Click here for options trades from Benzinga

• Mid-Morning Market Update: Markets Edge Higher; Best Buy Earnings Top Estimates

• 4 Stocks Insiders Are Selling

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Figure 1: Goose Site Layout

Figure 1: Goose Site Layout

Figure 2: IFC Plant site layout

Figure 2: IFC Plant site layout

Figure 3: Umwelt UG Exploration Portal

Figure 3: Umwelt UG Exploration Portal

Figure 4: Inside Umwelt UG Exploration Portal

Figure 4: Inside Umwelt UG Exploration Portal

Figure 5: Umwelt UG Portal and Decline and supporting shop structures built this year

Figure 5: Umwelt UG Portal and Decline and supporting shop structures built this year

Figure 6: Road Work Construction and Plant Laydown Area

Figure 6: Road Work Construction and Plant Laydown Area

Figure 7: MV Nunalik loading at Becancour, Quebec departed August 11, 2021 to Port Facility

Figure 7: MV Nunalik loading at Becancour, Quebec departed August 11, 2021 to Port Facility

Figure 8: Accommodation Complex units being loaded

Figure 8: Accommodation Complex units being loaded

Figure 9: Fuel Containment Liner for 10 million litre tank at Port facility

Figure 9: Fuel Containment Liner for 10 million litre tank at Port facility

Figure 10: Equipment off loaded

Figure 10: Equipment off loaded

VANCOUVER, British Columbia, Aug. 24, 2021 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp (SBB.T/SGSVF.OTCQX), (“Sabina” or the “Company”) is pleased to report on progress on pre-construction activities for its proposed Goose Mine on the 100%-owned Back River Gold Project (“Back River” or the “Project”) in Nunavut, Canada.

“Tremendous work has been completed during the first nine months of 2021 as we propel the Project towards a production decision,” said Bruce McLeod, President & CEO. “We have been advancing the underground exploration ramp at Umwelt, have completed critical civil works at the Goose site, and have prepared the Sabina Port facility to receive the largest sealift planned to date, which is now offloading the first ship. We have also completed detailed engineering and received issued for construction drawings for the process plant. In parallel we continue to work towards Project financing in order to make a production decision.”

Our Back River camps are working safely under Sabina’s COVID-19 Protocol Operational Framework. Sabina continues to engage with relevant authorities to modify protocols based on new information to ensure our measures are protective. Testing remains in place for all upon deployment and once on site. To date there have been zero cases of COVID-19 or any variants at camp.

Over the last 17 months, as a result of Territorial regulation, Sabina has been unable to utilize any of our Inuit employees. For those long-term employees, we have maintained a food support program during this time. The Company is now in discussions with the Government of Nunavut and the Government of Northwest Territories on a back to work program that will safely see our Inuit employees back at work at Back River in the near future.

Project Development Update

Engineering and Procurement

Sabina has continued to advance engineering activities for the plant process component and has now finalized these issued for construction (“IFC”) packages with Sacre Davey. The Company has also progressed detailed engineering on the balance of the plant and ancillary facilities.

Additionally, detailed engineering design for the Goose fuel farm is complete. Detailed design of site-wide water management structures such as the plant site pond, emergency discharge pond and creek crossings are anticipated by the end of 2021.

Sabina has also advanced vendor certified engineering drawings (“CE”) packages with FLSmidth for all process plant equipment, Toromont for the main power generation and Industrial Equipment Manufacturing for conveyor and tower packages. A contract to provide drawings for the recently purchased permanent accommodation complex is also underway. Armtec Inc. has been contracted to design and supply a multiplate tunnel feature below the fine ore stockpile. In addition to the CE drawings FLSmidth is providing, Sabina has procured several long lead items for the crushing plant, all enroute to the Port Facility via the current sealift program.

The Company has submitted all IFC packages to CGT Industrial, a prominent Arctic constructor, who are completing their scope and constructability review which will culminate in a fixed price lump sum bid with price certainty on all direct & indirect manhours with a commodity rise & fall mechanism. The rise and fall mechanism is required at this time due to current market volatility, remaining vendor pricing validity and timing of project financing. Tentative submission of this proposal is expected at the end of Q3 2021.

Sabina has purchased the design packages for the process plant and truck shop structures along with associated cranes and materials, which are enroute to the Port facility via the sealift program.

Sabina has also procured the phase 1 open pit mining equipment required for early stripping which has the first pieces have now arrived at our Port facility.

Sabina’s procurement strategy in 2021 has focused on supporting the following critical path activities, which are targeted to be completed in 2022:

1. Have sufficient civil works completed such that concrete foundations can be commenced for the process plant and truck shop, and that the permanent camp laydown area is of sufficient size to install the permanent camp complex;

2. Have all equipment in place by YE 2021, in preparation for a decision to commence construction of a winter ice road, working from both the Goose and Port sites; and

3. Ensure the open pit mining fleet is available to begin work in Q2 2022.

Figure 1: Goose Site Layout
https://www.globenewswire.com/NewsRoom/AttachmentNg/fcb14cac-3993-4389-b5a0-6bfbbbea3867

Figure 2: IFC Plant site layout
https://www.globenewswire.com/NewsRoom/AttachmentNg/e737fd9c-2d9b-4bb4-9137-88687a60a65f

Umwelt Exploration Ramp

After the successful completion of the box cut for establishing a portal face, Sabina’s underground (“UG”) exploration decline team focused on establishing services and commissioning of the mining equipment utilizing the newly erected portal area workshop. Sabina’s first UG portal blast occurred on May 31^st and underground development is well underway with the portal entrance and 130 meters of development completed by Sabina’s development crews.

Figure 3: Umwelt UG Exploration Portal
https://www.globenewswire.com/NewsRoom/AttachmentNg/b1ec94cd-0559-493e-b146-b2ad3bf9a313

Figure 4: Inside Umwelt UG Exploration Portal
https://www.globenewswire.com/NewsRoom/AttachmentNg/895a8bd7-bea8-462f-8710-41d5142c55a5

Figure 5: Umwelt UG Portal and Decline and supporting shop structures built this year
https://www.globenewswire.com/NewsRoom/AttachmentNg/b53ef41f-755f-4408-98c9-1de926f6c163

Sabina has completed the UG workshop and dry storage areas. The heated workshop is equipped with a dedicated generator system and mine load centers used to power the underground development, a compressed air system, offices, tool crib, hose fabrication room and a worker’s dry.

Pre-development Construction Activities

Sabina’s site crew and earthworks contractor have focused on upgrading roads, infrastructure, building laydown pads and crushing and screening activities. To date, 10,000m³ of esker material has been harvested from a nearby site location which will be used for the preparation of concrete aggregates and pond liner underlay.

The earthworks contractor is a Kitikmeot qualified business and has been engaged to complete the drill/blast rough grading program at the plant site area. The team is currently moving ahead with the rough grading of the plant site area, and pad area for permanent fuel storage tanks which will eventually be used to store fuel for the entire site.

Figure 6: Road Work Construction and Plant Laydown Area
https://www.globenewswire.com/NewsRoom/AttachmentNg/1e8b443f-da43-4383-96b2-d018fc68f98e

Sealift

Sabina’s sealift this season is in excess of 25,000 revenue tons, including two vessels from Becancour, Quebec and six barges from Hay River, NWT. At the consolidation points, the team successfully completed the collection and seaworthy packaging of all equipment to ensure safe transport. The vessels and barges are in motion and the first ship has reached the Port facility and has commenced offloading operations. To facilitate the sealift, Sabina has prepared laydown storage areas at and fuel tank containment at the Port site with all sealift activities anticipated to be completed by the end of September.

The cargo is comprised of cement, ammonium nitrate, mining equipment, tires, spares and lubes, winter ice road construction and transport equipment, multiplate tunnels, creek crossing culvert, building foundation and erection construction equipment steel and plates and the permanent accommodation facilities.

Figure 7: MV Nunalik loading at Becancour, Quebec departed August 11, 2021 to Port Facility
https://www.globenewswire.com/NewsRoom/AttachmentNg/6f4c270c-9250-4a8c-b36d-a368073df3ab

Figure 8: Accommodation Complex units being loaded
https://www.globenewswire.com/NewsRoom/AttachmentNg/333d6af9-f274-41a5-8bf7-618d7a836a39

Figure 9: Fuel Containment Liner for 10 million litre tank at Port facility
https://www.globenewswire.com/NewsRoom/AttachmentNg/1e8c98da-8850-4ff3-8970-e860cf6f2c12

Figure 10: Equipment off loaded
https://www.globenewswire.com/NewsRoom/AttachmentNg/b5cf4ca7-f91b-437e-b889-2b82b1aebbc1

Click here for photo gallery of site activities and procured equipment.

https://www.sabinagoldsilver.com/assets/docs/Picture%20Gallery%20August%202021.pdf

Alternative Energy Opportunity

Since 2019, Sabina has been working on alternate energy opportunities including wind, solar and battery configurations that would reduce the reliance on diesel for power generation. Sodar (wind condition testing units) have been in place at site for 2 years with results showing that the Goose Project shows excellent potential for the installation of wind turbines for power generation. Sabina is working with a large-scale alternative energy provider and is commencing advanced studies which if successful may ultimately see Back River utilize a wind-battery-generator power combination.

Qualified Persons

Mr. Vincy Benjamin, P. Eng., and Director of Engineering for Sabina, is a Qualified Person pursuant to National Instrument 43-101 and has reviewed and approved of the technical content of this press release as it relates to the Back River Project.

Sabina Gold & Silver Corp.

Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in Nunavut, Canada.

Sabina recently filed an Updated Feasibility Study (the “UFS”) on its 100% owned Back River Gold Project which presents a project that will produce ~223,000 ounces of gold a year (first five years average of 287,000 ounces a year with peak production of 312,000 ounces in year three) for ~15 years with a rapid payback of 2.3 years, with a post-tax IRR of ~28% and NPV_5% of C$1.1B. See “National Instrument (NI) 43-101 Technical Report – 2021 Updated Feasibility Study for the Goose Project at the Back River Gold District, Nunavut, Canada” dated March 3, 2021.

The Project received its final major authorization on June 25, 2020 and is now in receipt of all major permits and authorizations for construction and operations.

In addition to Back River, Sabina also owns a significant silver royalty on Glencore’s Hackett River Project. The silver royalty on Hackett River’s silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter.

For further information please contact:

Nicole Hoeller, Vice-President, Communications: 1 888 648-4218
nhoeller@sabinagoldsilver.com

Forward Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws (the “forward-looking statements”), including, but not limited to, statements related to the expected use of proceeds of the Offering and the projections and assumptions of the results of the UFS. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the uncertainty of production, development plans and costs estimates for the Back River Gold Project; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs; the interpretation of drill, metallurgical testing and other exploration results; the ability of the Company to retain its key management employees and skilled and experienced personnel; exploration, development and mining risks and the inherently dangerous nature of the mining industry, and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; the effects of general economic conditions, commodity prices, changing foreign exchange rates and actions by government and regulatory authorities; and misjudgments in the course of preparing forward-looking statements. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with exploration and project development; the need for additional financing; the calculation of mineral resources and reserves; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; government regulation; obtaining and renewing necessary licenses and permits; environmental liability and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers or directors; the absence of dividends; currency fluctuations; labour disputes; competition; dilution; the volatility of the our common share price and volume; future sales of shares by existing shareholders; and other risks and uncertainties, including those relating to the Back River Project and general risks associated with the mineral exploration and development industry described in our Annual Information Form, financial statements and MD&A for the fiscal period ended December 31, 2020 filed with the Canadian Securities Administrators and available at www.sedar.com. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

Bruce McLeod, President & CEO
Suite 1800 – Two Bentall Centre
555 Burrard Street
Vancouver, BC V7X 1M7
Tel 604 998-4175 Fax 604 998-1051
http://www.sabinagoldsilver.com

GOLDEN, Colo., August 23, 2021–(BUSINESS WIRE)–Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (NYSE American: AUMN) (TSX: AUMN) today announced the pending retirement of the Company’s Chief Financial Officer, Robert Vogels, planned to occur around the end of 2021. The Company has begun the process of searching for Mr. Vogels’ successor.

Warren Rehn, President and Chief Executive Officer of the Company, commented, "We wish Bob all the best on his pending retirement from a distinguished nearly 40-year mining industry career as a finance and accounting professional, including 12 years with Golden Minerals. We are confident we will find a worthy successor for Bob who can continue to support the Company’s finance and accounting functions as we continue to advance our operations and projects."

About Golden Minerals

Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The Company is primarily focused on producing gold and silver from its Rodeo Mine and advancing its Velardeña Properties in Mexico and, through partner funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.

For additional information please visit http://www.goldenminerals.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210823005062/en/

Contacts

Golden Minerals Company
Karen Winkler, Director of Investor Relations
(303) 839-5060

Shares of McEwen Mining (NYSE: MUX) zoomed today, closing Monday up 15.2%. On July 6, McEwen Mining created a subsidiary called McEwen Mining Copper to create a pure-play copper company to primarily develop its Los Azules copper mine in Argentina, and announced its plan to raise $80 million through a private offering of shares. McEwen Mining eventually intends to launch an IPO for McEwen Mining Copper within 12 months of closing the share sales.

TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE and TSX: MUX) announces that its subsidiary, McEwen Copper Inc., has closed the first tranche of the Series B private placement offering announced on July 6^th, 2021 (the “Offering”), issuing 4,000,000 common shares at a price of $10.00 per share for gross proceeds of $40,000,000.

Subscription for the remaining 4,000,000 common shares is available to qualified accredited investors, subject to a $1 million minimum investment and certain other conditions. The securities sold in the Offering are private and subject to transfer restrictions until after such time as shares of McEwen Copper become listed on a public exchange. The second tranche of the Offering is expected to close on or before September 30^th, 2021.

Rob McEwen’s investment corporation, Evanachan Limited, purchased all the shares issued pursuant to the first tranche of the Offering. Following completion of the Offering, Rob McEwen beneficially owns 18.6% of McEwen Copper, which holds a 100% interest in the Los Azules copper project in San Juan, Argentina, and a 100% interest in the Elder Creek exploration property in Nevada, subject to a 1.25% net smelter return (NSR) royalty on both assets payable to McEwen Mining.

McEwen Copper intends to pursue an initial public listing within 12 months from the final closing of the Offering. Proceeds from the Offering will be used exclusively by McEwen Copper to advance the Los Azules project to a pre-feasibility study, construction of a new year-round access road to the project, infill and exploration drilling at Los Azules and Elder Creek, environmental permitting and community relations, and general corporate purposes. Construction of the new access road is currently underway and has advanced 10 miles (16 km) of the approximate 72 mile (115 km) planned length.

McEwen Mining is relying on the exemption set forth in Section 602.1 of the TSX Company Manual, which provides that the TSX will not apply certain of its requirements to issuers whose shares are listed on another recognized stock exchange such as the NYSE.

This news release and the information included herein do not constitute an offer to buy or the solicitation of an offer to subscribe for or to buy any of the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

All amounts are in United States Dollars.

CAUTION STATEMENT CONCERNING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the private securities litigation reform act of 1995. The forward-looking statements are intended to be subject to the safe harbor provided by section 27a of the securities act of 1933, section 21e of the securities exchange act of 1934 and private securities litigation reform act of 1995.

This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, effects of the COVID-19 pandemic, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.

ABOUT MCEWEN MINING

McEwen Mining is a diversified gold and silver producer and explorer focused in the Americas with operating mines in Nevada, Canada, Mexico and Argentina.

TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market in the United States under the symbol ‘HBEIF’.

Chad Williams, Executive Chairman of Honey Badger Silver commented, "The OTCQB listing is an important step towards strengthening our U.S. shareholder base and broadening our global investor reach. We have ambitious plans to grow Honey Badger into a sizeable, quality silver company through acquisition and discovery of silver assets. And we are leveraging industry-leading technical and market expertise to create a store of value based on silver ounces that has real potential to generate appreciable returns on investment.”

The OTCQB® is a leading market for early-stage and developing U.S. and international companies. Recognized as an established public market by the U.S. Securities and Exchange Commission, the OTCQB® has helped companies build considerable shareholder value including enhanced liquidity and transparency. Investors may benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.

An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to further facilitate electronic clearing and settlement of the Company’s common shares in the United States.

Honey Badger Silver management will be participating in the Stockpulse Silver Symposium in Coeur d’Alene on Sept 27-28.

Director Option Grant

In connection with the previously announced appointment of Mr. W. Douglas Eaton, B.A., B.Sc. to the Board of Directors on August 4, 2021, the Company has approved the grant of stock options to Mr. Eaton for the purchase of up to 750,000 common shares in the capital of the Company at an exercise price of $0.08 per share. The grant is pursuant and subject to the terms and conditions of the Company’s existing stock option plan having a period of five years from the date of grant and is subject to the approval of the TSX Venture Exchange and all regulatory approvals.

For more information, please visit our website above, or contact: Ms. Christina Slater at cslater@honeybadgersilver.com.

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian Silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company. The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.

The latest analyst coverage could presage a bad day for Americas Gold and Silver Corporation (TSE:USA), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business.

Following the downgrade, the most recent consensus for Americas Gold and Silver from its six analysts is for revenues of US$58m in 2021 which, if met, would be a substantial 61% increase on its sales over the past 12 months. Losses are presumed to reduce, shrinking 16% from last year to US$0.84. However, before this estimates update, the consensus had been expecting revenues of US$87m and US$0.69 per share in losses. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also expecting losses per share to increase.

See our latest analysis for Americas Gold and Silver

The consensus price target fell 29% to CA$1.90, implicitly signalling that lower earnings per share are a leading indicator for Americas Gold and Silver's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Americas Gold and Silver analyst has a price target of CA$2.75 per share, while the most pessimistic values it at CA$1.15. This is a fairly broad spread of estimates, suggesting that the analysts are forecasting a wide range of possible outcomes for the business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing stands out from these estimates, which is that Americas Gold and Silver is forecast to grow faster in the future than it has in the past, with revenues expected to display 161% annualised growth until the end of 2021. If achieved, this would be a much better result than the 9.6% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 3.5% per year. So it looks like Americas Gold and Silver is expected to grow faster than its competitors, at least for a while.

The Bottom Line

The most important thing to take away is that analysts increased their loss per share estimates for this year. Unfortunately, analysts also downgraded their revenue estimates, although our data indicates revenues are expected to perform better than the wider market. After such a stark change in sentiment from analysts, we'd understand if readers now felt a bit wary of Americas Gold and Silver.

Still, the long-term prospects of the business are much more relevant than next year's earnings. We have estimates – from multiple Americas Gold and Silver analysts – going out to 2023, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Some stocks are best avoided. It hits us in the gut when we see fellow investors suffer a loss. Imagine if you held Silver Bear Resources Plc (TSE:SBR) for half a decade as the share price tanked 78%. And we doubt long term believers are the only worried holders, since the stock price has declined 54% over the last twelve months. Furthermore, it's down 40% in about a quarter. That's not much fun for holders. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

View our latest analysis for Silver Bear Resources

Silver Bear Resources wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn't make profits, we'd generally expect to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.

A Different Perspective

Investors in Silver Bear Resources had a tough year, with a total loss of 54%, against a market gain of about 28%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 12% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should learn about the 5 warning signs we've spotted with Silver Bear Resources (including 2 which are a bit unpleasant) .

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Generally speaking long term investing is the way to go. But unfortunately, some companies simply don't succeed. For example, after five long years the Coeur Mining, Inc. (NYSE:CDE) share price is a whole 51% lower. That's an unpleasant experience for long term holders. And we doubt long term believers are the only worried holders, since the stock price has declined 23% over the last twelve months. The falls have accelerated recently, with the share price down 36% in the last three months. This could be related to the recent financial results – you can catch up on the most recent data by reading our company report.

If the past week is anything to go by, investor sentiment for Coeur Mining isn't positive, so let's see if there's a mismatch between fundamentals and the share price.

View our latest analysis for Coeur Mining

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During five years of share price growth, Coeur Mining moved from a loss to profitability. Most would consider that to be a good thing, so it's counter-intuitive to see the share price declining. Other metrics might give us a better handle on how its value is changing over time.

In contrast to the share price, revenue has actually increased by 5.7% a year in the five year period. So it seems one might have to take closer look at the fundamentals to understand why the share price languishes. After all, there may be an opportunity.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. You can see what analysts are predicting for Coeur Mining in this interactive graph of future profit estimates.

A Different Perspective

While the broader market gained around 33% in the last year, Coeur Mining shareholders lost 23%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 9% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered 4 warning signs for Coeur Mining that you should be aware of before investing here.

Coeur Mining is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

VANCOUVER, BC / ACCESSWIRE / August 19, 2021 / Rockhaven Resources Ltd. (TSXV:RK) ("Rockhaven" or "the Company") is pleased to announce changes to the Company's Board of Directors, management and technical team, with the addition of a new Director, a new Chief Operating Officer ("COO") and two Technical Advisors. These changes greatly enhance Rockhaven's engineering and operational expertise and reflect a realignment of priorities as its flagship Klaza Project transitions to pre-feasibility. In order to facilitate these changes, Rockhaven also announces the resignation of Mr. Allan Doherty, Mr. David Skoglund and Mr. Randy Turner as Directors and Mr. Ian Talbot as Chief Operating Officer.

"Designing a robust, permittable and long-lived mining operation takes skilled and experienced professionals and this corporate restructuring gives Rockhaven the expertise needed to advance Klaza to the next level," stated Matthew Turner, Rockhaven's CEO. "As we welcome the new members of the Rockhaven team, we would like to sincerely thank Messrs. Doherty, Skoglund, Turner and Talbot for their many years of service with Rockhaven and their help in the success and growth of the Company. We wish them the very best in their future endeavors."

Board of Directors

The Rockhaven Board of Directors now consists of incumbent members Robert Carne, Bradley Shisler, Matthew Turner, Bruce Youngman, Glenn Yeadon and the new member Doug Eaton. Bruce Youngman will succeed Rob Carne as Chairman of the Board.

Doug Eaton

Mr. Eaton brings over 50 years of exploration experience and 40 years of public company involvement to Rockhaven. He has gained exceptional knowledge of Yukon geology and has contributed to several important discoveries throughout his career. Recently, Mr. Eaton was one of three members on an independent panel tasked with assessing the state of Yukon's mining and exploration industry and to provide recommendations for legislation related to future mineral development. Mr. Eaton is the President and CEO of Strategic Metals Ltd., which currently holds a 33% interest in Rockhaven. He holds a Bachelor of Science degree in Geology from the University of British Columbia and a Bachelor of Arts degree from the University of Alberta.

Management

Manuel Estrada

Mr. Estrada joins Rockhaven as its new Chief Operating Officer. He is a Mining Executive with extensive experience in mining operations spanning the Americas. Mr. Estrada worked for Capstone Mining Corp. for 14 years at the Cozamin and Pinto Valley Mines. He is the founder and owner of Eleven Mercantile and Technical Solutions LLC and holds a B.Sc. in Civil Engineering from the Tecnologico de Durango and has taken other certifications on Risk, Safety, Leadership, Maintenance and Process Management, Cut-Off Grade and Mine Strategy Optimization in several institutions.

Technical Advisors

Stephen Quin

Mr. Quin is a mining geologist with over 40 years' experience in the mining and exploration industry, including finance, development, and the operation of producing companies. Over his career he has held upper management positions with numerous mining and exploration companies, including President and CEO of Midas Gold Corp. (now Perpetua) and Sherwood Copper Corp., President and COO of Capstone Mining Corp. and Executive VP of Miramar Mining Corporation. At Sherwood Copper, he led the advancement of the Minto Mine, which is located 60 km north of Rockhaven's Klaza Deposit, through feasibility, construction and production. Through this work, Mr. Quin acquired extensive experience with Yukon's permitting and regulatory processes.

Randall Thompson

Mr. Thompson has spent the last three decades building and operating open pit and underground mines in Canada, Australia and the Middle East. He has supervised large development projects including the $450 million construction of the Jabal Sayid mine in Saudi Arabia for Equinox Minerals and the $100 million expansion of the Huckleberry Mine in BC for Huckleberry Mines Ltd. Mr. Thompson has also worked on northern operations as the former General Manager at the Minto Mine and as the COO at JDS Silver which operated the Silvertip Mine in Northern BC.

Technical Committee

The Rockhaven Technical Committee mining expertise is greatly enhanced by the additions of Stephen Quin, Randall Thompson and Manuel Estrada who will join incumbent members Robert Carne and Matthew Turner.

Incentive Stock Option Grant

Rockhaven has granted incentive stock options to Directors, Officers, employees and consultants, entitling those persons to purchase up to a total of 4,500,000 common shares at a price of $0.15 for a period of five years. All options will vest on a quarterly basis commencing three months from the date of granting.

Qualified Persons

Technical information in this news release has been approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

About Rockhaven

Rockhaven Resources Ltd. is a well-funded explorer focused on the exploration and development of its 100%-owned, camp-scale Klaza Property, which hosts the Klaza Deposit and numerous lightly explored exploration targets. Rockhaven has completed a mineral resource estimate and a preliminary economic assessment on the Klaza deposit (see Klaza Property Technical Report with an effective date of July 10, 2020 and titled, "Technical Report and Preliminary Economic Assessment Update for the Klaza Property, Yukon, Canada." which can be viewed at www.sedar.com under the Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com).

Matthew Turner
President, CEO and Director
Rockhaven Resources Ltd.
T:604-687-2522
mturner@rockhavenresources.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.

Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Rockhaven cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the control of Rockhaven. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, the ability of Rockhaven to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in Rockhaven's financial statements available under the Rockhaven profile at www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Rockhaven undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: Rockhaven Resources Ltd.

View source version on accesswire.com:
https://www.accesswire.com/660465/Rockhaven-Strengthens-Engineering-and-Operational-Capacity

DENVER, CO / ACCESSWIRE / August 18, 2021 / Gold Resource Corporation (NYSE American:GORO) (the "Company", "We", "Our" or "GRC") considers the health and safety of its workers and host communities a fundamental priority of the Company's operations. Like many other countries, the highly contagious COVID-19 delta variant has had a devastating impact on Mexico. In the last three days, the number of individuals in isolation at the Don David Gold Mine has climbed to 102, stretching our camp and extra accommodations in the local communities to the limit. After discussions with our medical staff and an epidemiologist, we are reducing the movement of people coming to the mine site from the local communities and the region. Accordingly, we will ramp down operations starting today and will continue with significantly reduced activities at the mine for at least the next ten days. Our objectives include minimizing the further spread of infection amongst our workforce and the local communities, providing relief to our medical teams, and not further overstraining our accommodations.

The operations will continue with those employees and contractors who have agreed to stay in the camp for periods longer than the usual rotation to create a bubble. Testing frequency will increase with stricter procedures governing operational activities. Exploration, construction of the filter press, transportation and certain other critical activities will continue following the implementation of the enhanced protocols.

We are monitoring the situation daily to assess when normal operations can resume and will report back to the market as more information becomes available.

Cautionary Statements:
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward- looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward- looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, the scope, duration, and impact of the COVID-19 pandemic on mining operations, Company employees, and supply chains as well as the scope, duration and impact of government action aimed at mitigating the pandemic may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Also, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limitedto, those discussed in the Company's 10-Q filed with the SEC.

For further information please contact:
Ann Wilkinson
Vice President, Investor Relations and Corporate Affairs
Ann.Wilkinson@GRC-USA.com
www.goldresourcecorp.com

SOURCE: Gold Resource Corporation

View source version on accesswire.com:
https://www.accesswire.com/660411/Spike-in-COVID-19-Cases-at-Gold-Resource-Corporations-Don-David-Gold-Mine-Necessitates-Temporary-Ramp-Down-of-Certain-Activities

Vancouver, British Columbia–(Newsfile Corp. – August 18, 2021) – IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) ("IMPACT" or the "Company") announces its financial and operating results for the second quarter ended June 30, 2021.

The Company reported $4.2 million in revenue for the second quarter of 2021, a 50% improvement year over year from $2.8 million in Q2 2020. Mine operating earnings before amortization and depletion in Q2 2021 increased to $1.3 million from $1.0 million in the prior year.

Cash generated by operating activities improved to $1.1 million from $0.2 million in Q2 2020, and EBITDA (earnings before interest, taxes, depreciation and amortization) increased 300% from $0.2 million in Q2 2020 to $0.8 million in the current quarter. The net income for Q2 2021 was $0.2 million compared to a loss of $0.2 million in Q2 2020.

Fred Davidson, President & CEO of IMPACT, stated, "In Q2 2021 the market realized a more rational price range for silver after the first quarter rush to metal equities from retail investors thanks to the Silver Squeeze trend. With ongoing operational efficiencies, we continue to demonstrate IMPACT's earnings potential and continue to evaluate brownfield development targets to advance to production. This quarter marks a full year since the start of the COVID-19 global pandemic and the temporary suspension and restart of operations in Mexico in Q2 2020.

On the exploration front we continue to push on new greenfield targets with recent drilling successes at Veta Negra and we anticipate further drilling updates soon on other targets. With ongoing production cash flow, a cash balance of $22.4 million, and no long-term debt, IMPACT continues to monitor the market for suitable strategic transactions while generating new value through discovery."

Q2 2021 Financial Overview

• Revenue for Q2 2021 was $4.2 million, an increase of 50% from 2020 of $2.8 million.

• EBITDA was $0.8 million for quarter, a substantial increase over $0.2 million for comparable period in 2020.

• Mine operating earnings before amortization and depletion for Q2 2021 were $1.3 million, improving from $1.0 million in 2020.

• Net income for the quarter was $0.2 million compared to a loss of $0.2 million in 2020.

• Net working capital for the Company at June 30, 2021 was $22.8 million compared to $5.7 million in Q2 2020.

• The Company continues to have no long-term debt.

Q2 2021 Production Overview

• Throughput at the mill was 37,833 tonnes milled in Q2 2021 compared to 25,602 tonnes in 2020. In Q2 2020 operations were temporarily suspended due to COVID-19 by government decree.

• Average mill feed grade for silver was 147 grams per tonne (g/t) in Q2 2021, a decrease of 21% from 187 g/t in Q2 2020 as a result of increased processing of development muck and declining grades in an older level of the Guadalupe mine.

• Q2 2021 silver production was 150,331 ounces (2020 – 129,570 ounces).

• Revenue per tonne sold was $119.69 in Q2 2021, an increase of 2% from same period 2020 at $117.81, dropping back from $124.17 in Q1 2021 on lower silver prices.

• Direct costs per production tonne were $81.51 in Q2 2021, a 6% change from 2020's comparative period of $76.66.

Exploration and Development Plans

IMPACT's previously announced 10,000 metres drill program on both near mine and other exploration targets is ongoing. First drill results included 9.8 meters of 211 g/t Silver and 13.85 meters of 186g/t Silver at Veta Negra (see IMPACT news release dated July 13, 2021).

Drilling is now proceeding on the south extensions of the San Ramon Mine followed by other high potential targets. Results will be announced as they are received and interpreted.

A recorded conference call reviewing the financial and production results of the quarter ended June 30, 2021 will be available on the Company website on August 18, 2021 at www.impactsilver.com/s/ConferenceCalls.asp.

The information in this news release should be read in conjunction with the Company's unaudited condensed consolidated interim Q2 2021 financial statements and Management's Discussion and Analysis, available on the Company website at www.impactsilver.com and on SEDAR at www.sedar.com. All amounts are stated in Canadian dollars unless otherwise specified.

ABOUT IMPACT SILVER

IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants with excellent infrastructure and labor force on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico. Over the past 15 years, IMPACT has produced over 11.1 million ounces of silver, generating revenues over $216 million, with no long-term debt. At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with a mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details); Company engineers are reviewing Capire for potential restart of operations in light of current elevated silver prices. With 15 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high-grade silver-gold zones and has placed multiple zones into commercial production.

Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at https://www.linkedin.com/company/impactsilver.

Qualified Person and NI 43-101 Disclosure

George Gorzynski, P. Eng., Vice President, Exploration and Director of IMPACT Silver Corp., and a Qualified Person as defined under Canadian National Instrument 43-101, approved the technical information in this news release.

On behalf of IMPACT Silver Corp.

"Frederick W. Davidson" ,President & CEO

For more information, please contact:
Jerry Huang
CFO | Investor Relations
(778) 887-6489 or inquiries@impactsilver.com

Neither 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.

Forward-Looking and Cautionary Statements

This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationship with vendors and strategic partners, government regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement, except as required by law.

The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101 compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.

705-543 Granville Street Telephone (604) 664-7707

Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
Twitter
LinkedIn

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93609.

TORONTO, Aug. 18, 2021 /CNW/ – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) ("Excellon" or the "Company") is pleased to announce results from underground drilling at the Platosa Mine in Durango, Mexico.

Highlights

• Further definition and expansion of the 623, NE-1 and NE-1S Mantos, with diamond drilling results from underground including:

• Drilling from underground continues to define and delineate mineralization in areas ahead of production and outside of the current mine plan

"Drilling at Platosa continues to define high grade mineralization ahead of production," stated Ben Pullinger, Senior Vice President Geology & Corporate Development. "Additionally drilling into areas previously defined by historical surface holes is upgrading our confidence in the grade and tenor of mineralization and expanding the mineralized envelope around 623 and NE-1"

Exploration Results

The following table shows highlighted intervals from the ongoing underground definition and infill drilling program at Platosa:

Drilling from underground continues to define and expand known mineralization ahead of production at the 623, NE-1 and NE-1S Mantos. Most significantly, drilling into the 623 and NE-1 Mantos continues to improve understanding and confidence, and extend mineralization in these areas. Drilling at Platosa will continue to target areas ahead of production and test the extent of mineralization around mine workings.

Platosa drill core samples are prepared and assayed by SGS Minerals Services in Durango, Mexico. The lab is accredited to ISO/IEC 17025. Assay turnarounds have been impacted recently by supply and labour shortages related to COVID-19. The Company has a comprehensive QA/QC program, supervised by an independent Qualified Person.

Qualified Person

Mr. Ben Pullinger, P.Geo., Senior Vice President Geology & Corporate Development, has acted as the Qualified Person, as defined in NI 43-101, with respect to the disclosure of the scientific and technical information contained in this press release.

Board Change

Excellon also announces that Michael Timmins has stepped down from the Board of Directors to focus on his other professional commitments.

"Mike has been an excellent board member since joining us in April 2020 and helping guide the Company through the challenges of the past year," stated Brendan Cahill. "We wish him the very best in his future endeavours."

About Excellon

Excellon's vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities and shareholders. The Company is advancing a precious metals growth pipeline that includes: Platosa, Mexico's highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality advanced exploration gold project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. The Company also aims to continue capitalizing on current market conditions by acquiring undervalued projects.

Additional details on Excellon's properties are available at www.excellonresources.com.

www.excellonresources.com

Forward-Looking Statements

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release, which has been prepared by management. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding mineral resources estimates, the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, business and financing plans, business trends and future operating revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

Cautionary Note to U.S. Investors: The terms "mineral resource," "measured mineral resource," "indicated mineral resource" and "inferred mineral resource," as used on Excellon's website and in its press releases are Canadian mining terms that are defined in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). These Canadian terms are not defined terms under United States Securities and Exchange Commission ("SEC") Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC by U.S. registered companies. The SEC permits U.S. companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Accordingly, note that information describing the Company's "mineral resources" is not directly comparable to information made public by U.S. companies subject to reporting requirements under U.S. securities laws. U.S. investors are urged to consider closely the disclosure in the Company's Form 40-F which may be secured from the Company, or online at http://www.sec.gov/edgar.shtml.

SOURCE Excellon Resources Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2021/18/c2458.html

Shares Outstanding: 277,578,617
Trading Symbols: TSX: GGD
OTCQX: GLGDF

HALIFAX, NS, Aug. 18, 2021 /PRNewswire/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 7 new drill holes from the Casados deposit in the Los Ricos North project. Drill hole LRGCS-21-053 intersected 3,435 g/t silver equivalent ("AgEq") over 1.0m within 41.6m of 312 g/t AgEq. See Table 1 for breakdown of silver and gold values.

"We're pleased with these exceptional grades contained within wider zones of strong grades at Casados. As we work towards our initial resource at Los Ricos North expected this fall, we're beginning to work on finalizing our models for certain areas of the project. At this point we've cut off drilling at Casados on the principal Casados structure and La Trini and that data is being forwarded to our third party," said Brad Langille, President and CEO. "We continue with our sampling and mapping program at Los Ricos North to generate drill targets for future resource work in the Casados area."

Table 1: Drill Hole Intersections

The Casados Veins strike nearly E-W, dips 45^o to the north and is hosted in andesitic tuffs and is exposed on surface for about 400 metres along strike. In the 7 metres of old stope that is above the water level at the Casados mine, the vein shows as a zone of quartz stringers about a meter wide, but at other places it is more than 2 metres wide. A zone of silicification up to 50 metres wide envelopes the vein and this resistant outcrop forms a steep ridge along the strike of the vein, particularly on the north or hanging wall side.

Casados North
GoGold's geological mapping program has located a series of historical workings along NNW trending veins that splay off the main Casados Vein along a horsetail structure (see Figure 4 for a plan view map and Figure 5 for a sampling map).

A series of low sulphidation epithermal quartz veins have been mapped over an area of 800m x 400m extending on a NNW trend from the area of the Casados mine. The veins are exposed in a dozen historical shallow workings and chip sampling has returned high silver and gold values. Drill hole LRGCS-21-038 (see press release dated May 26, 2021), targeted to test below the Casados mine workings, intersected one of these new veins close to surface as shown on the sampling map.

Table 2: Drill Hole Locations

Figure 1: Plan View – La Trini to El Favor Area of Los Ricos North

Figure 2: Long Section – Casados Deposit

Figure 3: Long Section – Grade Thickness (GT) Equivalent – Casados Deposit

Figure 4: Drilling – Casados Deposit

Figure 5 – Casados North Sampling Map

VRIFY Slide Deck and 3D Presentation

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps.

Access the GoGold Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for GoGold can be viewed at: https://vrify.com/explore/decks/9404 and on the Company's website at: www.gogoldresources.com.

Los Ricos District Exploration Projects
The Company's two exploration projects at its Los Ricos property are in Jalisco state, Mexico. The Los Ricos South Project began in March 2019 and an initial resource was announced on July 29, 2020 which indicated a Measured & Indicated Mineral Resource of 63.7 million ounces AgEq grading 199 g/t AgEq contained in 10.0 million tonnes, and an Inferred Resource of 19.9 million ounces AgEq grading 190 g/t AgEq contained in 3.3 million tonnes. An initial PEA on the project was announced on January 20, 2021 indicating an NPV_5% of US$295M.

The Los Ricos North Project was launched in March 2020 and includes drilling at the El Favor, La Trini, Casados and El Orito targets. During 2020, GoGold's exploration team identified over 100 targets on the Los Ricos North properties, demonstrating the significant exploration potential. The Company plans to drill 10 of these targets as part of its 2021 drilling program which is planned to exceed 100,000 metres of drilling and will be one of the largest in Mexico.

Procedure, Quality Assurance / Quality Control and Data Verification
The diamond drill core (HQ size) is geologically logged, photographed and marked for sampling. When the sample lengths are determined, the full core is sawn with a diamond blade core saw with one half of the core being bagged and tagged for assay. The remaining half portion is returned to the core trays for storage and/or for metallurgical test work.

The sealed and tagged sample bags are transported to the SGS Laboratory in Durango, Mexico. SGS crushes the samples and prepares 200-300 gram pulp samples with ninety percent passing Tyler 150 mesh (106μm). The pulps are assayed for gold using a 50-gram charge by fire assay (Code GE_FAA515) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code GO_FAU333). Silver and multi-element analysis is completed using total digestion (Code 1F2 Total Digestion ICP) and Fire Assay Code GE_AAS42E). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code GO_FAG333).

Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. All results stated in this announcement have passed GoGold's QA/QC protocols.

Mr. David Duncan, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Los Ricos South and North projects, and future plans and objectives of GoGold, including the intention to undertake further exploration at Los Ricos North, and the prospect of further discoveries there, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gogold-drills-3-435-gt-ageq-over-1-0m-within-41-6m-of-312-gt-ageq-at-casados-in-los-ricos-north-301357538.html

SOURCE GoGold Resources Inc.

First Majestic Silver Corp.’s AG second-quarter 2021 adjusted earnings per share of 5 cents, missed the Zacks Consensus Estimate of 9 cents by a margin of 44%. The company had reported a loss of 10 cents per share in the second quarter of 2020. The year-over-year improvement in earnings was primarily driven by higher metal prices in the quarter. As the company had to temporarily suspend operating activities in the last-year quarter in response to the COVID-19 pandemic, it resulted in year-over-year improved figures in the second quarter of 2021.

Including one-time items, the company delivered earnings of 6 cents per share in the second quarter against loss per share of 5 cents in the year-earlier quarter.

First Majestic’s revenues improved 53% year over year to a record $154 million in the quarter under review on improved production rates and higher metal prices. The company had reported revenues of $35 million in the year-ago quarter. Average realized silver price was up 58% year over year to $27.32 in the quarter. The company reported a 199% increase in payable silver equivalent ounces sold, due to a temporary suspension of operations mandated by the Mexican government in response to COVID-19 in the second quarter of 2020.

First Majestic Silver Corp. Price, Consensus and EPS Surprise

First Majestic Silver Corp. price-consensus-eps-surprise-chart | First Majestic Silver Corp. Quote

Operational Update

First Majestic produced 6,435,023 silver equivalent ounces, up 84% from the prior-year quarter. This comprised 3.3 million ounces of silver and 46,544 ounces of gold.

The company recorded cash costs per silver equivalent ounce of $13.89, up 79% from the year-ago quarter. Consolidated all-in sustaining costs (AISC) of $19.42 per silver equivalent ounce came in 39% higher than the prior-year quarter. Total production cost was $104.94 per ton, up 33% year over year.

First Majestic reported mine-operating profit of $29.4 million in the quarter, versus a loss of $7.8 million in the year-ago quarter. This was driven by strong production and higher realized metal prices.

Financial Position

First Majestic ended second-quarter 2021 with $227 million of cash in hand, up from the $95 million held at the end of the prior-year period. Operating cash flow before movements in working capital and taxes were $51.2 million in the reported quarter compared with the prior-year quarter’s outflow of $16.4 million.

At the end of the second quarter, the company had total liquidity of $316.3 million, including $40 million of undrawn revolving credit facility.

First Majestic announced that its board of directors has declared a cash dividend payment of 0.06 cents per share, which marks a 33% increase from its prior dividend. The dividend will be paid on or about September 16, 2021 to shareholders of record on Aug 26, 2021.

Price Performance

Shares of the company have gained 5.1% over the past year against the industry’s decline of 22.2%.

Image Source: Zacks Investment Research

Zacks Rank & Stocks to Consider

First Majestic currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the basic materials space include Avient Corporation AVNT, Veritiv Corporation VRTV and Commercial Metals Company CMC. While Avient and Veritiv flaunt a Zacks Rank #1 (Strong Buy), Commercial Metals carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Avient has a projected earnings growth rate of 75% for 2021. The company’s shares have soared 92% in the past year.

Veritiv has an estimated earnings growth rate of 215% for the current year. Over the past year, the company’s shares have soared 350%.

Commercial Metals has an expected earnings growth rate of 32.8% for the current fiscal year. The company’s shares have gained 59% in a year’s time.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

First Majestic Silver Corp. (AG) : Free Stock Analysis Report

Commercial Metals Company (CMC) : Free Stock Analysis Report

Veritiv Corporation (VRTV) : Free Stock Analysis Report

Avient Corporation (AVNT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Vancouver, British Columbia–(Newsfile Corp. – August 17, 2021) – Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or "the Company") is pleased to announce the acquisition of 3087.7691 hectares of the Teocuitla claims from Minera Teocuitla SA de CV of Hermosillo, Sonora, Mexico.

The Teocuitla claims are located in Opodepe, Sonora, Mexico beside the El Creston Meztli 4 claim in the northwest part of Starcore's 11,000 Ha property. The El Creston deposit is a well-known and defined Molybdenum deposit, but the property has never been explored for precious metals. The Company refers its readers to the "Preliminary Economic Assessment, El Creston Project, Opodepe, Sonora, Mexico" dated December 16, 2010 ("PEA") prepared for Creston Moly Corp. and filed on SEDAR on December 20, 2010. The PEA provides information on El Creston that is historical and the Company cannot guarantee the accuracy of the data presented therein. The reader is cautioned not to place undue reliance on the historical data or its implications that have been derived from third-party sources. The PEA is referenced herein solely for historic context and background.

"We are extremely pleased to have made this acquisition and to be able to look at the El Creston Project in three different ways – one as a moly deposit; another as a property with gold showings; and thirdly, as a project with the potential for copper porphyry at depth," commented Robert Eadie, CEO and a director of the Company. "The property offers exciting exploration potential in the friendly mining state of Sonora, Mexico."

The Company conducted a six-month exploration plan which included more than 1600 samples taken in the outcrops of nine new discovered veins in the Teocuitla claims, with a focus on gold and silver orebodies. The initial results of the exploration program are outlined below:

Table 1: Assay Results of the samples taken
from MEZTLI4 and TEOCUITLA Claims

Table 2: New claims acquired

In addition to the new claims staked, the Company is working on a new geological model of the El Creston deposit, with the primary purpose of assessing the potential for a copper porphyry orebody at depth.

Readers are encouraged to visit our website at www.starcore.com for location photos, diagrams and plans of the geologic models and targets.

Starcore plans to continue exploration work on the newly acquired precious metals claims in addition to further defining the potential of the El Creston deposit. For future clarifications, the Company will define both claims as the Opodepe Project.

Qualified Person

Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person on the project as required under NI 43-101and has prepared the technical information contained in this press release.

About Starcore

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. This base of producing assets is complemented by exploration and development projects throughout North America. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value. You can find more information on the investor friendly website here: www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL
MINES LTD.

Signed "Robert Eadie"
Robert Eadie, President & Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

EVAN EADIE
Investor Relations
Telephone: (604) 602-4935 x 203
Toll Free: 1-866-602-4935
Email: eeadie@starcore.com

The Toronto Stock Exchange has not reviewed, nor does it accept responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93332