Dear Investor,

Gold captured the headlines this year, pushing to new records and drawing global attention. But behind the scenes, another metal has quietly delivered one of the strongest moves of the entire complex - and the setup forming beneath it may turn into one of the most important stories of 2026.

Silver didn't just participate in this year's rally - it surged. Prices doubled in 2025, broke through long-standing resistance levels, and entered a 4th consecutive year of structural deficits. That combination of rising demand and flat supply is unusual. Historically, it has signaled the start of multi-year cycles where well-positioned companies often see meaningful inflows of capital.

What's driving it? The same forces transforming the global economy: AI data centers, EV drivetrains, solar infrastructure, high-end electronics, and modern defense technology. Silver isn't a "nice to have" input to these sectors - it's essential. And as demand accelerates, the supply simply hasn't kept pace.

That's why attention is shifting to companies operating in regions known for scale. One name in particular has started to appear on institutional radars. The company controls three 100%-owned projects across Mexico's most productive mineral belts - including a newly acquired district-scale asset that came with something rare in this industry: a strategic equity investment from the world's largest primary silver producer.

Moves like this don't happen casually. They happen when experienced operators see something in the geology, the model, or the potential scale that aligns with where the market is headed.

Silver's momentum is real - and the underlying fundamentals driving it are strengthening. Investors tracking the shift toward supply-constrained metals may want to understand the companies positioned within this trend, before the next phase unfolds.

See the company gaining traction as the silver cycle strengthens.