Month: January 2025

Sonoro Gold Announces Grant of Options

Sonoro Gold Corp. granted 15,300,000 stock options under its Share Option Plan to directors, officers, and consultants. Exercisable at $0.15 per share for three years from grant date, subject to TSX Venture Exchange approval.

Mexican Gold Announces Non-Brokered Private Placement

Mexican Gold Mining Corp. is pleased to announce a non-brokered private placement offering of up to 4,000,000 units of the Company at a price of $0.04 per Unit to raise gross proceeds of up to CAD $160,000.00.

Tocvan Surface Exploration Expands Targets at Gran Pilar Gold Silver Project

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.

United States Antimony Corporation Provides Operational Update on Madero, Mexico Smelter

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.”

First Majestic Provides Positive Exploration Results at San Dimas

“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.”

Target 1 Expansion Assays up to 438 g/t Silver, 7.88g/t Gold

Mithril Silver and Gold Limited (Jan 22, 2025) reports Target 1 expansion assays at Copalquin, Mexico, up to 7.88 g/t Au, 438 g/t Ag over 1m (MTH-EC24-04). Key intercepts include 7.37m @ 4.16 g/t Au, 69.5 g/t Ag. Drilling continues for Q1 2025 resource update; 35,000m planned.

Goldgroup Closes Non-Brokered Private Placement

Goldgroup Mining Inc. closed a non-brokered private placement on January 21, 2025, raising CAD $3.5M by issuing 35M units at $0.10 each (one share + ½ warrant exercisable at $0.15 until 2027). Proceeds for Cerro Prieto project advancement, working capital, debt reduction; subject to TSXV approval.

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