Month: February 2025

Mammoth Resources Advancing Small-Scale Gold-Silver Production At Its Tenoriba Property, Mexico

Richard Simpson, Vice President Exploration of Mammoth Resources commented on the small-scale gold production opportunity, stating: “When we learned of the 200 tonne per day mill being built only 16 kilometres from Tenoriba, we immediately began thinking there might be an opportunity to process some surface and shallow depth gold-silver mineralized material from Tenoriba at this facility.”

Minaurum Drills Widest High-Grade Intercept at Alamos Silver Project: 36.65 metres of 328 g/t Silver Equivalent

“With our widest high-grade silver intercept to date, we believe significant additional mineralization remains to be discovered as we continue to drill along strike at the Promontorio Vein Zone,” stated Darrell Rader, President and CEO, “These results validate historic reports of substantial vein widths mined across a number of the 26 vein zones on the Alamos project and will be incorporated into our upcoming maiden resource estimate.”

Plata Latina Announces Fresnillo to Purchase Naranjillo NSR for $8,610,000

“This purchase is a testament to the success of our exploration discovery at Naranjillo,” commented Letitia Wong, Plata Latina’s President and CEO. “The cash brought in from this deal strengthens our balance sheet and greatly improves our competitiveness as we are actively seeking strategic growth opportunities.”

Riverside Resources Provides Updates on H1 2025 Exploration Programs

“We are excited to see our projects advancing, both through partnerships and our own exploration efforts,” commented John-Mark Staude, CEO of Riverside Resources. “As we attend PDAC in Toronto, we look forward to meeting with industry peers and showcasing our portfolio of gold, copper, silver and rare earth projects.”

Alamos Gold Declares Quarterly Dividend

Alamos Gold declared a quarterly dividend of US$0.025 per common share, payable March 27, 2025, to shareholders of record on March 13, 2025. It qualifies as an eligible dividend for Canadian tax purposes; marks 15 years of consecutive payments.

Aura Declares Dividend of US$0.25 per share and US$0.0833 per BDR based on Q4 2025 Results, resulting in a Dividend Yield of 9.2% in the LTM

Aura Minerals’ board declared a US $0.25 per share quarterly dividend (approx. US $18.3 M total) based on Q4 2024 results, to be paid March 14, 2025 to shareholders of record March 6, 2025. Holders of Brazilian Depositary Receipts will receive US $0.0833 per BDR around March 28, 2025. This reflects a 9.2 % trailing 12-month dividend yield including buybacks.

Chesapeake Gold Announces Appointment of Chief Metallurgical Officer

Mr. Randy Reifel, Executive Chairman, commented: “We are excited Justin Black has joined Chesapeake’s technical team to advance the Company’s proprietary sulfide leach technology (Technology) to the next level by testing several refractory sulfide deposits which we believe the Technology can unlock significant economic value. Justin’s experience with the oxidation process will be a great asset in building shareholder value by capitalizing on a wide range of corporate opportunities.”

Southern Silver Returns 8.9 metres of 222g/t AgEq in South Skarn Drilling, Cerro Las Minitas Project Mexico

Vice President of Exploration, Rob Macdonald stated “This recent drilling successfully demonstrates both the lateral and down dip extensions of relatively shallow mineralization around the South Skarn deposit. Similar shallow targets are identified around both the Bocona and North Felsite deposits. Mineralization also remains open at depth, particularly on the eastern side of the Cerro which with further exploration, can continue to add high margin mineralization early in the modelled production scenario.”

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