“Our Q1 production results highlight the strength of our operations and our focus on consistent, efficient performance,” said Dan Dickson, Chief Executive Officer. “This steady momentum lays a solid foundation for the quarters ahead, as we sharpen our operational focus and prepare to bring Terronera into production.”
GoGold Resources Inc. reported Q2 production (quarter ending March 31, 2025) at its Parral project of 555,479 silver equivalent ounces, including 210,289 silver ounces, 3,279 gold ounces, 117 tonnes copper, and 157 tonnes zinc. This is slightly up from 551,337 AgEq oz in the prior quarter, generating strong cash flow to fund exploration at Los Ricos.
First Majestic Silver produced 7.7 million silver-equivalent (AgEq) ounces in Q1 2025, a 49% year-over-year increase, including a record 3.7 million silver ounces (up 88%) along with gold, zinc and lead. Stronger output was driven by higher silver production and contributions from Cerro Los Gatos and improved results at San Dimas.
Miguel Aramburu, Chair of the Board, commented: “Alpayana continues to offer an inadequate price that undervalues Sierra Metals and does not reflect full and fair value for the Common Shares of the Company.”
Heliostar CEO, Charles Funk, commented, “Heliostar closed the first quarter of 2025 with a US$27M (C$38M) cash balance, over half of which was generated from operating profits. This places the Company in a strong position to achieve our planned production and resource growth goals.”
Gold Resource Corporation reported 2024 year-end results: its Don David Gold Mine in Oaxaca faced lower production due to low-grade ore, equipment issues and a wet season, yielding 18,580 gold equivalent ounces sold with high costs. Cash fell to $1.6 M and working capital to $2.1 M. The company is planning mining and mill upgrades to boost output and cash flow.
Endeavour Silver Corp. is pleased to announce the completion of its prospectus offering announced on April 1, 2025 for the issuance of a total of 11,600,000 common shares at a price of US$3.88 per Common Share for aggregate gross proceeds of US$45,008,000.
Paul D. Gray, Luca VP Exploration, commented, “Luca has been able to execute an efficient underground drilling program at Campo Morado that represents the first stage the Company’s plan to realize the untapped mineral potential of the Campo Morado Mine and District. The Campo Morado deposit hosts additional mineral potential beyond the extent of its known resources.”
Gold Resource Corporation said it will host a conference call on April 9, 2025 at 12:00 p.m. ET to discuss its 2024 year-end results, with prepared remarks from its CEO, COO and CFO and a live Q&A. The call will be recorded and posted on the company’s website afterward.
This press release rectifies the version of the press release issued by Defiance Silver on April 7, 2025 at 1:00am EST in order to correct a typing error. Under the terms of the LOI, Defiance proposes to issue 4,954,613 Defiance Shares of Defiance at a price of C$0.255 per share and not C$0.0255 as announced previously.
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