Day: March 11, 2025

Avino Silver & Gold Mines reported record 2024 financial results, with highest-ever revenues, gross profit, earnings, cash flow and cash balance. Full-year revenue rose about 51%, net income and adjusted earnings surged sharply, and cash strength hit an all-time high, driven by higher production, better costs and strong metal prices, positioning the company well for growth.

Endeavour Silver reported Q4 2024 financial and operating results for the period ended Dec 31, 2024, with revenue up year-over-year and solid mine cash flow, though production was lower and the company posted a net loss. Management highlighted strong liquidity and progress on Terronera and Pitarrilla.

Goldgroup Mining Inc. announced on March 11, 2025, a non-brokered private placement of up to 23,333,334 units at $0.30 each for gross proceeds of $7 million. Each unit includes one share and one-half warrant (exercisable at $0.45 for 24 months). Proceeds for mine improvements, PEA update, debt reduction, working capital; subject to TSXV approval.