Aya Gold & Silver Acquires Moroccan Exploration Portfolio with Lead-Zinc Potential at Zagora

[Tianjin Zinc: Futures Consolidate at Highs, Downstream Cautious Purchasing] In the Tianjin market, #0 zinc ingot mainstream traded around 25,420-25,660 yuan/mt, Zijin traded at 25,550-25,740 yuan/mt, #1 zinc ingot traded around 25,420-25,600 yuan/mt. Zijin was quoted at a premium of around 10-30 yuan/mt against the 2609 contract, Huxin quoted at 26,810 yuan/mt, #0 zinc ingot was quoted at a discount of around 50-120 yuan/mt against the 2609 contract, and the Tianjin market was at a discount of around 85 yuan/mt against the Shanghai market.

Emerita Resources expects to complete a prefeasibility study for its flagship Iberian Belt West (IBW) project in southern Spain in the third quarter of this year. IBW comprises the Infanta, El Cura and Romanera polymetallic deposits in the Iberian Pyrite Belt. The project hosts 18.9 million indicated tonnes grading 2.8% zinc and 1.42% lead, containing 547,000 tonnes of zinc and 269,000 tonnes of lead, alongside copper, gold and silver. Inferred resources total 6.8 million tonnes grading 3.25% zinc and 1.5% lead, containing 221,000 tonnes of zinc and 102,000 tonnes of lead, together with copper, gold and silver. Emerita’s Spanish portfolio also includes the Aznalcollar and Nuevo Tintillo projects; Aznalcollar is a past-producing open-pit mine that the company is seeking to redevelop following a long-running ownership dispute.

Metalsource Mining has started a new drilling phase at its Silver Hill Project in North Carolina, targeting strike and down-plunge extensions of polymetallic mineralisation intersected in Hole SH26-07. The hole previously returned 12.62m grading 3,786g/t silver equivalent, including 6.95m at 6,730g/t silver equivalent and 2.74m at 16,604g/t silver equivalent; the latter interval included 209.1g/t gold. The company said the results also showed notable silver, lead and zinc concentrations. New drill platforms west of the current drilling area will test the interpreted deep extension of the polymetallic system and mineralisation along strike and at depth. Drilling will also shift temporarily to the eastern area to test the up-dip extension of gold-rich mineralisation between SH26-07, SH26-05 and SH25-02. Metalsource is working toward a first mineral resource estimate planned for early 2027, while stressing that the current data are preliminary, insufficient to define a mineral resource, and subject to further drilling and pending analytical results.