Month: January 2025

Zacatecas Silver Corp. Announces Board Changes

Zacatecas Silver Corp. announced the appointment of Mr. Eric Vanderleeuw as Director. Mr. Vanderleeuw brings extensive expertise in capital markets to the Company, having facilitated the successful raising of over $100 million for venture initiatives throughout his consulting career.

Capitan Silver to Receive Strategic Investment from Jupiter Silver & Gold Fund as Part of a Non-Brokered Private Placement to Raise up to C$4.2 Million

Capitan Silver Corp. announced a non-brokered private placement to raise up to C$4.2 million, issuing 10.5 million units at C$0.40 each (one share + one warrant at C$0.50 for 12 months, with acceleration). Jupiter Gold & Silver Fund to invest in 8.375 million units. Proceeds for Cruz de Plata exploration, consolidation, and working capital.

Sierra Metals Announces Drill Results from its Bolivar Mine in Mexico

Ernesto Balarezo, Sierra Metals CEO, comments, “We are very pleased with the results of our exploration strategy at Bolivar to date and these results only offer what we believe is a glimpse of the mine’s full potential. This drill program in the Marian Zone indicates higher metals grades that have the potential to add to the overall mineral resources at Bolivar.”

Capstone Copper Announces 2024 Production Results and Provides 2025 Guidance

John MacKenzie, CEO of Capstone, commented, “The fourth quarter was an overall record for Capstone’s consolidated copper production, with our output up 14% and unit costs down approximately 9% quarter-over-quarter. Although total 2024 consolidated copper production of 184,458 tonnes finished slightly below our guidance range, largely attributable to ramp-up delays at Mantos Blancos and Mantoverde, we exited the year close to design production levels.”

Vizsla Silver to Restart Limited Operations at Panuco

Vizsla Silver Corp. announced on January 20, 2025, resumption of limited operations at its Panuco silver-gold project in Mexico to advance test mine and feasibility study, following an accident investigation and safety measures. Exploration activities expected to restart within the next week; employee safety prioritized.

Defiance Silver Closes Initial Tranche of Private Placement

Defiance Silver Corp. (Jan 20, 2025) closed the first tranche of a private placement, raising C$732,200 via 3,661,000 units at C$0.20 each (each: 1 share + ½ warrant at C$0.35/24 months). Proceeds for exploration and working capital. Paid finders’ fees: C$24,132 cash + 120,660 warrants. Clarified prior placement commissions as C$149,690.60.

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