Silicon Metals Corp Stock Price, News & Analysis

Silicon Metals Corp (OTC: SLCNF) announced mobilization at its Maple-Birch Project in the Sudbury mining district, Ontario, on October 30, 2025. The company has begun ground access work for larger equipment, engaged a contract mining firm, and collected several hundred kilograms of samples planned for advanced metallurgical testing. A technical team and equipment are being deployed in the Sudbury area to improve logistics. Management cites strategic value in a growing regional footprint and compares Maple-Birch's high-purity quartz pegmatite to characteristics of the Spruce Pine mine, noting potential partnerships with processors and refiners during late 2025 into 2026 that could lead to possible future cash flow.

Silicon Metals (SLCNF) announced preliminary 3D modelling results for the Ptarmigan Project on October 3, 2025. LiDAR, ground mapping and field mapping indicate about 5,000,000 m3 of surface quartzite in topographic high ridges. Sample assays from June 4, 2025 showed up to 99.99% SiO2 and an average of 98.49% SiO2. Measured rock density averaged 2.6 t/m3. The company completed lab-scale crushing, washing, magnetic separation, sorting and acid baths and is awaiting purity assay results. The estimate is conceptual and not an NI 43-101 mineral resource.

Silicon Metals Corp. (CSE: SI) has announced significant operational updates for its silica projects. The company has completed its final cash payment of $25,000 for the Maple Birch Project in Sudbury, Ontario, which is permitted to produce up to 3,000 tonnes per year. The company plans to begin extraction, processing, and delivery of high-purity pegmatite quartz in Q4 2025.

Additionally, Silicon Metals has received a five-year Mines Act Permit and Free Use Permit for its Ptarmigan Silica Project in British Columbia, allowing for exploration activities including drilling and bulk sampling of up to 2,000 tonnes. The company also announced a shares-for-debt settlement, issuing 923,075 common shares at $0.065 per share to settle $60,000 in debt.

Silicon Metals Corp (CSE: SI) has completed the final cash payment of $25,000 to Geotek Exploration and Prospecting Ltd. for its option to acquire a 100% interest in Aggregate Permit AP6453 in the Sudbury Mining District, Ontario.

The remaining option obligations include issuing 1.5 million common shares within 12 months of CSE approval and another 1.5 million common shares within 18 months. All securities issued will be subject to a four-month and one-day statutory hold period.

Silicon Metals Corp. (CSE: SI) has successfully closed an increased non-brokered private placement, raising total gross proceeds of $820,000 through the issuance of 16,400,000 units at $0.05 per unit. Each unit consists of one common share and half a warrant, with whole warrants exercisable at $0.055 for 24 months.

The company will use the proceeds to advance its 100% owned Ptarmigan Silica Project in British Columbia, which recently received 5-year exploration permits, and fund initial work at the Sudbury-based Maple Birch Project with its Aggregate Production Permit. The offering includes an accelerator provision and resulted in $13,000 in fees and 260,000 finder's warrants.

Silicon Metals Corp (CSE:SI) has secured crucial five-year exploration permits from the B.C. Ministry of Mining and Critical Minerals for its 100%-owned Ptarmigan Silica Project in British Columbia. The permits, valid from July 31, 2025, to December 30, 2030, authorize various exploration activities including surface drilling, trenching, and bulk sampling of up to 2,000 tonnes.

Located approximately 130 kilometres northeast of Prince George, the project represents a significant milestone in the company's pursuit of high-purity silica development. The permits, combined with the recently acquired Maple Birch Permit, position Silicon Metals for potential growth in 2026.

Silicon Metals Corp (CSE: SI) has completed the acquisition of a 100% interest in five mining claims at its Maple Birch Project in Ontario's Sudbury Mining District. The company issued 100,000 common shares at $0.055 per share to an arm's length vendor to satisfy the option agreement terms.

The Maple Birch Project, spanning 1,848 hectares, is an underexplored area with high potential for valuable quartz-rich pegmatite mineralization. The acquisition includes an Aggregate Production Permit for extracting high-purity quartz pegmatite pods. The company plans to conduct detailed exploration to discover additional pegmatite deposits.

Silicon Metals Corp. (CSE: SI) has announced the acquisition of additional mining claims, forming the new Maple Birch Project in the Sudbury Mining District of Ontario. The project, spanning 1,848 hectares, includes an Aggregate Production Permit and is prospective for high-purity quartz-rich pegmatite mineralization.

Historical operations (2010-2015) yielded bulk samples that sold for USD $1,000 per ton, with typical quarrying costs in the area ranging from $100 to $200 per tonne. The company plans to execute various operational activities including road re-establishment, quarry preparation, and material refinement, with a permitted extraction capacity of 3,000 tonnes per year.

Silicon Metals Corp (CSE: SI) has initiated its option agreement to acquire a 100% interest in Aggregate Permit AP6453 in the Sudbury Mining District, Ontario. The company has issued 500,000 common shares at $0.055 per share and made an initial cash payment of $25,000 to Geotek Exploration and Prospecting Ltd.

The remaining option payments include an additional $25,000 cash payment within 15 business days, followed by two separate issuances of 1.5 million common shares at 12 and 18 months after CSE approval. All securities issued will be subject to a four-month statutory hold period.