bullish

FISH: Spring Valley Approved for Production; Increasing Target

282 Views16 Jul 2025 23:00
Issuer-paid
SUMMARY
  • Sailfish announced that the BLM has approved Solidus Resources (the operator) to construct and operate the Spring Valley Gold Project.
  • This marks the final approval for the construction and future operation of the project.
  • Mako reported strong production results in Q2, posting 10.9Koz of gold (vs. 11.5Koz expected) and 12.5Koz of silver (vs. 10.5Koz expected) • Given the advancement at Spring Valley, increased gold and silver prices, and continued M&A in the sector, we are increasing our target price.
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