Mineral Resources

SSR Mining’s “2025 CC&V TRS” reveals a strong economic outlook for the Cripple Creek & Victor Gold Mine in Colorado. The report highlights an after-tax NPV of $824 million (at $3,240/oz gold) and a 12-year mine life supported by 2.8 million ounces of gold reserves. CC&V is projected to produce an average of 141,000 ounces of gold annually from 2026-2028, generating substantial cash flow. The acquisition boasts an IRR exceeding 100%. The TRS underscores the strategic importance of CC&V for SSR Mining, and offers significant exploration upside.

Goldgroup (GGAZF) released an updated NI 43-101 report for its Cerro Prieto project in Mexico. The report details Measured+Indicated resources of 37,209 oz Au and Inferred resources of 1,504 oz Au (0.20 g/t cutoff). Goldgroup owns 100% of 6,980 ha and has produced ~136,000 oz since 2013. Recent upgrades doubled crushing capacity to >4,200 tpd. The company is also exploring nearby targets and preparing tailings reprocessing aiming for increased gold production. The technical report is available on Sedar+.

Silver X Mining Corp. released a Preliminary Economic Assessment (PEA) for its Nueva Recuperada project, targeting 6.2 million ounces of silver equivalent annually over a 14-year mine life. The PEA outlines a $439 million after-tax NPV (5% discount) and a 3-year payback, with an initial CapEx of $82 million. Production is planned across two mills at 3,000 tpd. The study relies on inferred resources, carrying inherent risks, and production decisions are not based on proven reserves or a feasibility study.