Fresnillo PLC reports stable Q1 2025 performance, with silver production down 9.7% to 12.4 moz due to San Julián DOB cessation, and gold production up 10.8% to 156.1 koz, driven by Herradura. Full-year guidance remains unchanged, expecting 49-56 moz silver and 525-580 koz gold, with focus on cost discipline and safety.
Sierra Madre Gold and Silver reported FY 2024 and Q4 2024 financial results from its Guitarra Mine test mining and ramp-up in Estado de México. The company generated ~US $6.5 M in net revenue (six-month period), with ~$3.9 M in Q4 revenues, $1.36 M gross profit, and ~$3.5 M in current assets. Operational milestones included strong metal recoveries and commercial production starting Jan 1, 2025.
Americas Gold and Silver Corporation announced significant high-grade silver and copper discoveries at the Galena Complex’s 034 Vein, with potential for near-term mining, alongside the appointment of Tara Hassan to its Board of Directors to support production scaling and cost reduction efforts.
Silver Bull Resources, Inc. announced that at its April 17, 2025, shareholder meeting, 28% of shares were represented. Shareholders re-elected directors Brian Edgar, Timothy Barry, David Underwood, and William Matlack with over 95% approval. Smythe LLP was ratified as the auditor for 2025, and the 2019 Stock Option Plan was approved with 93.1% support.
Fuerte Metals reported diamond drill results at its Cristina Project in Chihuahua, Mexico, including highlights like 8.5 g/t AuEq over 4.0 m, 6.1 g/t AuEq over 1.7 m, and 6.1 g/t AuEq over 1.4 m, expanding high-grade zones within the Guadalupe and Los Ingleses vein systems. These findings support continued resource growth across multiple vein structures.
Mako Mining Corp. appointed Steve Parsons as President, previously an officer at its subsidiary, Goldsource Mines Inc., acquired in July 2024. Mako granted 740,000 stock options to executives and employees, exercisable at C$4.47, vesting over four years until 2029. Additionally, 502,785 restricted share units and 145,000 deferred share units were granted, vesting in 2028 and upon service termination, respectively.
Aztec Minerals Corp.announces that it intends to complete a non-brokered private placement of up to 16,666,667 units at a price of CAD$0.18 per Unit for gross proceeds of up to CAD$3,000,000.
Vizsla Royalties Corp. has begun trading its common shares on the OTCQB marketplace under the symbol VROYF, aiming to enhance visibility and liquidity for U.S. investors, while continuing to trade on the TSX Venture Exchange under the symbol VROY.
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