Silver Prices Surge Toward $40—Is the Market Finally Catching Up? July 30, 2025 - Baystreet.ca Issued on behalf of Magma Silver Corp. VANCOUVER – Baystreet.ca News Commentary – While gold has dominated financial headlines for much of 2025, silver has been quietly staging an impressive run of its own. Analysts at Commerzbank and UBS recently raised their silver price targets to US$39/oz and US$42/oz, citing strong technical momentum and tightening supply. Some are even calling this a once-in-a-generation breakout for the metal. As investor attention shifts toward silver equities, several miners are drawing increased interest—including Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), First Majestic Silver Corp. (NYSE: AG) (TSX: AG), Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF), Torex Gold Resources Inc. (TSX: TXG) (OTCQX: TORXF), and Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF). According to a new poll published by Reuters, silver is expected to average $34.5/oz in 2025, and $38/oz in 2026. Pegged by Sprott Asset Management to have more upside potential, silver is now being presented as a unique opportunity to participate for investors. Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) has confirmed that a diamond drilling campaign is expected to begin in Q4 2025 at its Niñobamba project in Peru. The program will initially focus on Jorimina, a deposit with historic drilling by Newmont, before expanding to Randypata and other targets. In the meantime, the company is conducting detailed geological mapping, trenching, and channel sampling to refine drill targets and update its structural model. Drill permit approvals are anticipated shortly, as Magma’s environmental and community consultation requirements are now fully completed. “We are excited to start a work program at the advanced Niñobamba silver-gold project focused on the Jorimina and Randypata deposits,” said Stephen Barley, Chairman and CEO of Magma Silver. “As announced in our news release dated July 23, 2025, the Tunsulla community access agreement is in place for these two project areas, allowing the Company full access to conduct exploration activities. The work being carried out will assist in refining drill targets for our planned Q4 drill program as well as expand our overall knowledge of the deposits.” These rights were secured through a surface access rights agreement with the Comunidad Campesina De Tunsulla, which remains in good standing through the 2025 season and into 2026. The Jorimina and Randypata zones were the subject of over CAD$10 million in historic exploration by Newmont, with highlights including 17.4 metres of 3.06 g/t gold and 128 metres of 1.31 oz/t silver. The broader Niñobamba project spans 4,100 hectares and is anchored by three contiguous deposits—Main, Randypata, and Jorimina—believed to form part of a large high-sulfidation epithermal system. This milestone follows Magma’s logistical expansion into Peru, including a new Lima office and a seasoned in-country team. The company’s strategy now centers on applying modern targeting techniques to ground previously tested by majors like Newmont, Bear Creek and AngloGold. The Peru-based team includes General Manager Carlos Agreda Minaya, legal counsel Dentons, environmental partner Ecosoul, and field geologist expert Edgar Leon Choque. Their immediate focus is advancing Jorimina toward drilling while concurrently completing mapping and surface work across the broader corridor. “The establishment of an experienced operations team we can trust will make a significant contribution to our success in Peru,” added Barley. “Peru is a sophisticated, mining-friendly jurisdiction with detailed regulatory requirements that must be strictly adhered to. The experienced team we are involved with will ensure smooth operations for Magma.” Magma maintains a tight share structure of just over 34 million shares outstanding, with all claims secure through mid-2026. As groundwork intensifies and drill targets are finalized, Magma is entering a decisive phase—transitioning from asset assembly to active exploration in one of South America’s most mining-friendly jurisdictions. CONTINUED… Read this and more news for Magma Silver at: https://usanewsgroup.com/2025/06/04/mining-giants-missed-the-big-prize-a-juniors-back-for-the-precious-metals/ In other industry developments and happenings in the market include: First Majestic Silver Corp. (NYSE: AG) (TSX: AG) produced 7.9 million silver equivalent ounces in Q2 2025, including 3.7 million ounces of silver and 33,865 ounces of gold. The company increased its full-year guidance after improving production efficiency at all three operating mines. "First Majestic continues to deliver on the commitments made at the start of the year," said Keith Neumeyer, President and CEO of First Majestic. "During the first half of the year, our operations achieved strong and consistent production, supported by disciplined cost management. We closed Q2 ahead of budget with strong momentum, despite weather-related disruptions and power outages in the final days of June that impacted production at Los Gatos, San Dimas and La Encantada. Looking ahead, we are revising our 2025 guidance positively to reflect improved production and cost targets. The integration of Los Gatos is progressing well, with numerous synergies and opportunities already being identified and leveraged. Operational performance at Santa Elena and San Dimas continues to meet or exceed expectations, allowing us to capitalize on the favourable metal price environment." Capital investments and optimization initiatives also contributed to lower costs and improved margins across the portfolio. Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF), through its wholly-owned subsidiary Vizsla Silver Corp. recently announced a 2025 exploration budget of C$14 million at its Panuco silver-gold project in Mexico. "Vizsla Silver has already defined a global resource base of over 2.7 million gold equivalent ounces in the M+I category, plus an additional 1.7 million ounces in the Inferred category at the Panuco project,” said Mike Pettingell, CEO of Vizsla Royalties. “This foundation will underpin a Feasibility Study targeted for the second half of 2025. Importantly, these resources represent just a fraction, approximately 8%, of the known vein potential within the district, which remains wide open for expansion.” The program includes 60,000 meters of drilling aimed at expanding resources across several high-grade vein corridors. “For shareholders of Vizsla Royalties, this represents a uniquely compelling position to benefit directly from any growth in resource and production potential, without any dilution or capital outlay,” added Pettingell. “As Vizsla Silver ramps up drilling on the most prospective royalty claims in our portfolio, every successful intercept adds torque to our long-term cash flow profile." Torex Gold Resources Inc. (TSX: TXG) (OTCQX: TORXF) is set to acquire Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) in an all-share transaction valued at approximately C$525 million. The deal adds Prime’s high-grade silver-gold Los Reyes project in Sinaloa, Mexico, to Torex’s portfolio, positioning the company with a second flagship asset in a mining-friendly jurisdiction. “The Los Reyes Project represents a unique opportunity for the Torex team to develop a high-quality asset with the potential for a high margin, low capital, and long-life operation in a jurisdiction that we know very well,” said Jody Kuzenko, President and CEO of Torex. “The acquisition of Prime Mining, and the previously announced all-cash acquisition of Reyna Silver, support our strategy to systematically build a diversified, Americas-focused precious metals producer with a portfolio of producing, development, and exploration stage assets.” Los Reyes hosts an indicated resource of 94.4 million silver-equivalent ounces, with additional upside from ongoing drilling and project de-risking. “The addition of Prime Mining’s high-quality Los Reyes Project to the Torex pipeline as its next development asset presents both Prime Mining and Torex shareholders with substantial value enhancement through this share-based acquisition,” said Scott Hicks, CEO and Director of Prime Miing. “In addition to gaining exposure to Torex’s free-cash flowing Morelos Complex, Prime Mining shareholders can continue to realize significant value creation as Los Reyes is developed with the benefit of Torex’s operational and development experience in Mexico. Both companies are aligned in their community and employee-focused values, approach to environmental stewardship and commitment to ensuring that all stakeholders will benefit through this combination. Prime looks forward to working with Torex through the transitionary period. Article Source: https://usanewsgroup.com/2025/06/04/mining-giants-missed-the-big-prize-a-juniors-back-for-the-precious-metals/ CONTACT: Baystreet.ca [email protected] (250) 999-4849 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee for Magma Silver Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Magma Silver Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” DOES NOT own any shares of Magma Silver Corp. at this time, but reserves the right to buy and sell, and will buy and sell shares of Magma Silver Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY. This article has been approved by Magma Silver Corp. Technical information relating to and published by Magma Silver Corp. has been reviewed and approved by Jeffrey Reeder, PGeo, a Qualified Person as defined by National Instrument 43-101. Mr. Reeder is a Technical Advisor of Magma Silver Corp., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Magma Silver Corp. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Silver Prices Surge Toward $40—Is the Market Finally Catching Up? July 30, 2025 - Baystreet.ca Issued on behalf of Magma Silver Corp. VANCOUVER – Baystreet.ca News Commentary – While gold has dominated financial headlines for much of 2025, silver has been quietly staging an impressive run of its own. Analysts at Commerzbank and UBS recently raised their silver price targets to US$39/oz and US$42/oz, citing strong technical momentum and tightening supply. Some are even calling this a once-in-a-generation breakout for the metal. As investor attention shifts toward silver equities, several miners are drawing increased interest—including Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), First Majestic Silver Corp. (NYSE: AG) (TSX: AG), Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF), Torex Gold Resources Inc. (TSX: TXG) (OTCQX: TORXF), and Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF). According to a new poll published by Reuters, silver is expected to average $34.5/oz in 2025, and $38/oz in 2026. Pegged by Sprott Asset Management to have more upside potential, silver is now being presented as a unique opportunity to participate for investors. Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) has confirmed that a diamond drilling campaign is expected to begin in Q4 2025 at its Niñobamba project in Peru. The program will initially focus on Jorimina, a deposit with historic drilling by Newmont, before expanding to Randypata and other targets. In the meantime, the company is conducting detailed geological mapping, trenching, and channel sampling to refine drill targets and update its structural model. Drill permit approvals are anticipated shortly, as Magma’s environmental and community consultation requirements are now fully completed. “We are excited to start a work program at the advanced Niñobamba silver-gold project focused on the Jorimina and Randypata deposits,” said Stephen Barley, Chairman and CEO of Magma Silver. “As announced in our news release dated July 23, 2025, the Tunsulla community access agreement is in place for these two project areas, allowing the Company full access to conduct exploration activities. The work being carried out will assist in refining drill targets for our planned Q4 drill program as well as expand our overall knowledge of the deposits.” These rights were secured through a surface access rights agreement with the Comunidad Campesina De Tunsulla, which remains in good standing through the 2025 season and into 2026. The Jorimina and Randypata zones were the subject of over CAD$10 million in historic exploration by Newmont, with highlights including 17.4 metres of 3.06 g/t gold and 128 metres of 1.31 oz/t silver. The broader Niñobamba project spans 4,100 hectares and is anchored by three contiguous deposits—Main, Randypata, and Jorimina—believed to form part of a large high-sulfidation epithermal system. This milestone follows Magma’s logistical expansion into Peru, including a new Lima office and a seasoned in-country team. The company’s strategy now centers on applying modern targeting techniques to ground previously tested by majors like Newmont, Bear Creek and AngloGold. The Peru-based team includes General Manager Carlos Agreda Minaya, legal counsel Dentons, environmental partner Ecosoul, and field geologist expert Edgar Leon Choque. Their immediate focus is advancing Jorimina toward drilling while concurrently completing mapping and surface work across the broader corridor. “The establishment of an experienced operations team we can trust will make a significant contribution to our success in Peru,” added Barley. “Peru is a sophisticated, mining-friendly jurisdiction with detailed regulatory requirements that must be strictly adhered to. The experienced team we are involved with will ensure smooth operations for Magma.” Magma maintains a tight share structure of just over 34 million shares outstanding, with all claims secure through mid-2026. As groundwork intensifies and drill targets are finalized, Magma is entering a decisive phase—transitioning from asset assembly to active exploration in one of South America’s most mining-friendly jurisdictions. CONTINUED… Read this and more news for Magma Silver at: https://usanewsgroup.com/2025/06/04/mining-giants-missed-the-big-prize-a-juniors-back-for-the-precious-metals/ In other industry developments and happenings in the market include: First Majestic Silver Corp. (NYSE: AG) (TSX: AG) produced 7.9 million silver equivalent ounces in Q2 2025, including 3.7 million ounces of silver and 33,865 ounces of gold. The company increased its full-year guidance after improving production efficiency at all three operating mines. "First Majestic continues to deliver on the commitments made at the start of the year," said Keith Neumeyer, President and CEO of First Majestic. "During the first half of the year, our operations achieved strong and consistent production, supported by disciplined cost management. We closed Q2 ahead of budget with strong momentum, despite weather-related disruptions and power outages in the final days of June that impacted production at Los Gatos, San Dimas and La Encantada. Looking ahead, we are revising our 2025 guidance positively to reflect improved production and cost targets. The integration of Los Gatos is progressing well, with numerous synergies and opportunities already being identified and leveraged. Operational performance at Santa Elena and San Dimas continues to meet or exceed expectations, allowing us to capitalize on the favourable metal price environment." Capital investments and optimization initiatives also contributed to lower costs and improved margins across the portfolio. Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF), through its wholly-owned subsidiary Vizsla Silver Corp. recently announced a 2025 exploration budget of C$14 million at its Panuco silver-gold project in Mexico. "Vizsla Silver has already defined a global resource base of over 2.7 million gold equivalent ounces in the M+I category, plus an additional 1.7 million ounces in the Inferred category at the Panuco project,” said Mike Pettingell, CEO of Vizsla Royalties. “This foundation will underpin a Feasibility Study targeted for the second half of 2025. Importantly, these resources represent just a fraction, approximately 8%, of the known vein potential within the district, which remains wide open for expansion.” The program includes 60,000 meters of drilling aimed at expanding resources across several high-grade vein corridors. “For shareholders of Vizsla Royalties, this represents a uniquely compelling position to benefit directly from any growth in resource and production potential, without any dilution or capital outlay,” added Pettingell. “As Vizsla Silver ramps up drilling on the most prospective royalty claims in our portfolio, every successful intercept adds torque to our long-term cash flow profile." Torex Gold Resources Inc. (TSX: TXG) (OTCQX: TORXF) is set to acquire Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) in an all-share transaction valued at approximately C$525 million. The deal adds Prime’s high-grade silver-gold Los Reyes project in Sinaloa, Mexico, to Torex’s portfolio, positioning the company with a second flagship asset in a mining-friendly jurisdiction. “The Los Reyes Project represents a unique opportunity for the Torex team to develop a high-quality asset with the potential for a high margin, low capital, and long-life operation in a jurisdiction that we know very well,” said Jody Kuzenko, President and CEO of Torex. “The acquisition of Prime Mining, and the previously announced all-cash acquisition of Reyna Silver, support our strategy to systematically build a diversified, Americas-focused precious metals producer with a portfolio of producing, development, and exploration stage assets.” Los Reyes hosts an indicated resource of 94.4 million silver-equivalent ounces, with additional upside from ongoing drilling and project de-risking. “The addition of Prime Mining’s high-quality Los Reyes Project to the Torex pipeline as its next development asset presents both Prime Mining and Torex shareholders with substantial value enhancement through this share-based acquisition,” said Scott Hicks, CEO and Director of Prime Miing. “In addition to gaining exposure to Torex’s free-cash flowing Morelos Complex, Prime Mining shareholders can continue to realize significant value creation as Los Reyes is developed with the benefit of Torex’s operational and development experience in Mexico. Both companies are aligned in their community and employee-focused values, approach to environmental stewardship and commitment to ensuring that all stakeholders will benefit through this combination. Prime looks forward to working with Torex through the transitionary period. Article Source: https://usanewsgroup.com/2025/06/04/mining-giants-missed-the-big-prize-a-juniors-back-for-the-precious-metals/ CONTACT: Baystreet.ca [email protected] (250) 999-4849 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee for Magma Silver Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Magma Silver Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” DOES NOT own any shares of Magma Silver Corp. at this time, but reserves the right to buy and sell, and will buy and sell shares of Magma Silver Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY. This article has been approved by Magma Silver Corp. Technical information relating to and published by Magma Silver Corp. has been reviewed and approved by Jeffrey Reeder, PGeo, a Qualified Person as defined by National Instrument 43-101. Mr. Reeder is a Technical Advisor of Magma Silver Corp., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Magma Silver Corp. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.