May 29, 2025 - Investorideas.com presents a mining snapshot highlighting news from silver miners, focusing on Apollo Silver Corp. (TSX.V: APGO) (OTCQB: APGOF) (Frankfurt: 6ZF0). The Company is advancing its portfolio of two prospective silver exploration and resource development projects, the Calico Project in San Bernardino County, California, and its option on the Cinco de Mayo Project in Chihuahua, Mexico. With strong demand and a supply deficit since 2021, silver miners are acquiring land and developing projects to increase production and address the shortfall. Stocks mentioned include Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Dolly Varden Silver Corporation (TSXV: DV) (NYSE American: DVS), and First Majestic Silver Corp. (NYSE:AG) (TSX:AG).

Apollo Silver Corp. recently acquired 2,215 hectares of highly prospective claims contiguous to its Waterloo property at its Calico Silver Project. The newly acquired Mule claims, comprising 415 lode mining claims, were acquired from LAC Exploration LLC, a subsidiary of Lithium Americas Corp. Preliminary mapping and sampling by the previous operator identified several high-grade silver targets, which Apollo will evaluate in future exploration. A recent program at the Burcham gold prospect confirmed the Calico fault system’s role in controlling silver and gold mineralization, with potential for copper, zinc, and lead mineralization.

The Mule claims expand the Calico Project land package by over 285%, from 1,194 hectares to 3,409 hectares of contiguous claims. Reports indicate several strongly anomalous silver values, which Apollo plans to ground-truth in future exploration programs. Sampling identified a large Ag anomaly associated with the Waterloo property's host rocks. Exploration at the Burcham prospect included assays with peaks up to 14.10 g/t Au, 20.70 g/t Ag, 0.17% Cu, 22.80% Zn, and 5.74 % Pb.

Ross McElroy, President and CEO of Apollo, commented on the strategic enhancement of the Calico Project. The Mule claims feature a continuation of the mineralized Calico Fault System, with sedimentary rocks of the Barstow Formation and volcanic Pickhandle Formation prevalent across the claims. Apollo plans a follow-up exploration program to develop targets and delineate the prospective contact.

Pan American Silver Corp. and MAG Silver Corp. announced a definitive agreement for Pan American to acquire all issued and outstanding common shares of MAG. The transaction includes $500 million in cash and 0.755 Pan American shares per MAG share, representing premiums of approximately 21% and 27% to MAG’s closing price and 20-day VWAP on May 9, 2025. Upon completion, MAG shareholders will own approximately 14% of Pan American’s shares.

Michael Steinmann, President and CEO of Pan American, highlighted the acquisition of one of the best silver mines in the world, Juanicipio, which will increase Pan American’s exposure to high margin silver ounces. George Paspalas, President and CEO of MAG, noted the transaction as a compelling opportunity for shareholders, providing exposure to Pan American’s assets and growth strategy.

Dolly Varden Silver Corporation completed the acquisition of the Kinskuch Property in northwest British Columbia’s Golden Triangle, increasing the Kitsault Valley Project size to approximately 77,000 hectares. The acquisition was completed for $5 million, paid by issuing 1,351,963 common shares to Hecla Mining Company, which retains a 2% net smelter return royalty on the Kinskuch Property.

First Majestic Silver Corp. completed its acquisition of Gatos Silver, integrating a high-quality, long-life operation into its portfolio. Approximately 98.44% of First Majestic’s shareholders and 99.23% of Gatos Silver’s stockholders voted in favor of the merger. Under the terms, Gatos Silver shareholders received 2.55 First Majestic common shares for each Gatos Silver Share held.

These acquisitions underscore the growing trend of land asset expansion and consolidation among silver miners.

Silver Stocks Land Acquisitions to Meet Supply Demands

Silver mining companies are acquiring land and projects to address supply deficits and meet rising demand. Apollo Silver Corp expanded its Calico Project with new claims, while Pan American Silver Corp acquired MAG Silver Corp for $500 million in cash and shares. Dolly Varden Silver Corporation purchased the Kinskuch Property in British Columbia, and First Majestic Silver Corp merged with Gatos Silver to integrate a high-quality operation into its portfolio.