SilverCrest Metals Inc. is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company’s plan of arrangement with Coeur Mining, Inc. whereby Coeur will, among other things, indirectly acquire all of the issued and outstanding SilverCrest shares.
“That tariff is not justified,” said Ebrard. “It’s unfair according to President Trump’s own arguments. Because we, I repeat, have more (steel) imports than exports.”
President and CEO Fred Davidson commented, “We are pleased with these additional excellent drill results from the recently discovered Kena Vein South which has now been drilled over 150 metres length and remains open for further drilling. The close proximity of the new vein to current active mine workings has allowed for rapid and low cost mine development.”
Silver Tiger Metals Inc. intersected high-grade silver in underground drilling at El Tigre Project, Sonora, Mexico: Hole ET-24-627 returned 3.0 m of 1,526.3 g/t AgEq within broader 17.3 m of 309.0 g/t AgEq in the Sulfide Zone. Additional intercepts reported; targeting underground potential post-PFS.
Greg McKenzie, President and CEO, commented, “We are incredibly pleased with this latest resource update. We achieved a material 107% increase in Indicated Resources and there was also a significant increase in Inferred Resources at La Parrilla.”
Defiance Silver Corp. (Feb 11, 2025) closed the second tranche of a private placement, raising C$1,560,600 via 7,803,000 units at C$0.20 each (each unit: 1 share + ½ warrant at C$0.35/24 months). Combined with first tranche (C$732,200), total C$2,292,800; third tranche planned for overall C$3.3M. Proceeds for exploration and working capital.
Capitan Silver Corp. revised warrant terms for its C$5.3M private placement (13.25M units at C$0.40 each), adding an acceleration clause: warrants (exercisable at C$0.50 for 12 months) expire in 30 days if shares exceed C$0.50 post-significant acquisition announcement. Closing expected February 17, 2025.
Sierra Madre Gold & Silver reported record production in January 2025 at its 100 %-owned Guitarra Mine Complex in Estado de México, reaching full commercial output at 500 t/d. The company shipped 349.48 dry t of concentrate with very high grades (~2,429 g/t Ag and ~32.12 g/t Au). Quarterly and financial details will follow.
Questcorp Mining Inc. announced on February 10, 2025, a non-brokered private placement of up to 33M units at C$0.06 each for gross proceeds of up to C$1.98M. Each unit: 1 share + 1 warrant (exercisable at C$0.10 for 2 years). Proceeds fund La Union project acquisition, North Island exploration, payables, and working capital. Subject to CSE approval.
Southern Silver Exploration Corp. announces an additional increase to its previously announced non-brokered private placement from $3,000,000 to $3,600,000.
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