Northwire Canada EditionSaturday, July 25, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Production / Operations

Silver Storm Orders La Parrilla Underground Mining Fleet and Ventilation System

Silver Storm Transitions from Explorer to Producer as La Parrilla Equipment Orders Formalize Q2 2026 Restart Timeline

Executive Summary

The most recent news release (December 18, 2025) confirms that Silver Storm Mining has placed binding orders for its entire underground mining fleet and primary ventilation systems for the La Parrilla Silver Mine Complex in Durango, Mexico. Key components include ten new underground mining units (scooptrams, trucks, and drills) from Siton and two large industrial ventilation fans. Deliveries are scheduled to begin in January 2026 and conclude in Q1 2026. Simultaneously, the company is rehabilitating five existing fleet units, with all underground prep work aimed at a potential mine restart in Q2 2026.

Material Impact

This news is a material positive advancement because it represents the transition from theoretical planning to physical execution. - Operational Derisking: By securing the mining fleet and ventilation, the company addresses long-lead time risks that often plague mine restarts. The Q2 2026 restart window is now backed by tangible procurement. - Capital Allocation: The company is effectively deploying the massive capital raised earlier in 2025 ($13.7M bought deal and US$7M Samsung facility). This reduces the risk of cash "drifting" into general administrative expenses. - Capacity Increase: Previous news indicated an intent to expand sulphide circuit capacity by 25% to 1,250 tpd. The equipment orders are sized to support these higher throughput levels. - Milestone Tracking: The company is meeting the 7-9 month rehabilitation timeline first projected in October 2025.

SVRS · Price
Company Overview

Silver Storm Mining Ltd. (formerly Golden Tag Resources) owns 100% of the La Parrilla Silver Mine Complex and the San Diego Project in Durango, Mexico. - La Parrilla: A past-producing complex (34.3 Moz AgEq between 2005-2019) with a 2,000 tpd mill and five underground mines. It is the flagship asset currently being prepared for restart. - San Diego: One of Mexico's largest undeveloped silver assets. - Resource Status: A February 2025 update showed a 107% increase in Indicated Resources (10.8 Moz AgEq) and a 58% increase in Inferred (16.3 Moz AgEq) at La Parrilla.

Read the original news release →

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