Month: March 2025

Apollo Silver filed its NI 43-101 Technical Report for the Cinco de Mayo Project in Chihuahua, Mexico, with an effective date of Feb 28, 2025, supporting its earn-in/option agreement with MAG Silver. The report, led by a Qualified Person following a site visit and core review, details extensive historical work on the Upper Manto Pb-Zn-Ag (Au) and Pozo Seco Mo-Au deposits and can be found on SEDAR+ and the company’s website.

Goldgroup Mining Inc. announced on March 7, 2025, a Non-Enforcement Agreement to acquire 100% of the fully permitted Pinos gold project in Zacatecas, Mexico (30 concessions), via shares of Minera Apolo from Candelaria Mining. Terms: settle ~USD $2.7M loan, $178K cash, 716,667 shares; subject to TSXV approval.

Capstone Copper Corp. today announced that the CHESS Depositary Interests of the Company will be added to the Standard & Poors/ASX 200 Index by the S&P Dow Jones effective prior to ASX market opening on March 24, 2025.

Discovery Silver Corp. filed and mailed its management information circular for a special shareholder meeting on March 27, 2025, to approve issuing up to 123.6M shares (~30.9% dilution) for acquiring Newmont’s Porcupine Complex (US$425M deal). Board unanimously recommends approval; acquisition expected to close H1 2025.

Fortuna Mining Corp. reported 2024 results: record production 455,958 GEOs; revenue $1.062B (up 26% YoY); net income $128.7M ($0.42/share); adjusted $144.0M ($0.47/share); free cash flow $202.9M (up 32%); liquidity $381.3M. Q4: net income $11.3M after charges, adjusted $37.0M; revenue $302.2M; FCF record $95.6M. Strong gold prices drove gains.

Minera Alamos announced results of its February 28, 2025 AGM on March 5, 2025. Shareholders approved re-election of five directors, auditor ratification, and new Omnibus Incentive Plan with strong support. 210.7M shares (42% of total) voted. Focus remains on low-capex gold asset development and strategic acquisitions.

Bear Creek Mining Corporation announces that it has entered into an agreement with BMO Capital Markets to act as sole bookrunner, on behalf of a syndicate of underwriters on a bought deal basis, for a private placement of 64,445,000 common shares of the Company at a price of C$0.225 per Share to raise aggregate gross proceeds of approximately C$14.5 million.

Heliostar Metals Ltd. is pleased to announce that Ms. Vitalina Lyssoun has commenced her role as Chief Financial Officer as announced on February 6th, 2025.

Octavio Alvídrez, CEO said: “I am pleased to report a solid financial performance for Fresnillo in 2024, underpinned by higher precious metal prices, operational discipline, and a continued focus on cost efficiencies. This result is testament to the hard work and diligence of our teams on the ground, who have delivered another year of operational consistency.”

American Silver Corp. announces that the Toronto Stock Exchange has accepted the Company’s notice of its intention to renew its normal course issuer bid to purchase up to 18,107,917of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 28, 2025.