Silver Storm Mining Ltd. is pleased to announce that it is increasing the size of the previously announced non-brokered private placement offering of units of the Company for gross proceeds of up to $3,500,000.01 at a price of $0.09 per Unit subject to approval from the TSX Venture Exchange.
Tocvan Ventures (Jan 22, 2025) announced surface sampling results expanding targets at Gran Pilar Gold-Silver Project, Mexico. Four new targets in Southern Block (1.8×1.0 km) with rock chips up to 3.1 g/t Au and 64 g/t Ag; potential separate epithermal system in North Alteration Zone (3.2×1.5 km). Ongoing core drilling at Main Zone; 2025 plans include trenching, drilling, and pilot facility.
Southern Silver Exploration Corp. revised its non-brokered private placement to C$2.52 million, issuing 14 million units at C$0.18 each (one share + half warrant at C$0.28 for 3 years). Proceeds will advance the Cerro Las Minitas project and general corporate purposes.
Commenting on this update, Mr. John C. Gustavsen, President of the Antimony Division of the Company, stated, “We have a great seasoned working team assembled who are excited to complete the refurbishing of the Madero Smelter. We have already rehired field personnel who are crucial in achieving our work program objectives. We anticipate being fully prepared when our first international shipments begin arriving in early March.”
“At the beginning of the year we planned a robust exploration program at our San Dimas mine which has returned impressive results,” stated Keith Neumeyer, President & CEO of First Majestic. “Our exploration teams have completed approximately 113,000 metres of drilling within the district and have intersected significant silver and gold mineralization in multiple veins.”
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