Defiance Silver Corp. (Apr 7, 2025) signed a non-binding LOI to acquire Green Earth Metals Inc., adding three drill-permitted Cu-Au-Ag-Mo projects (Victoria, Espiritu, Los Ocotes; 6,795 ha) in Mexico’s Sonora porphyry belt near major mines. Deal: 4.95M shares (C$1.25M) + C$150K debenture. Exploration planned, including drilling at Victoria. Subject to due diligence and approvals.
Vizsla Silver Corp. announced on April 4, 2025, a temporary pause in field work at its Panuco silver-gold project in Mexico due to security concerns. Affected activities: test mine development, geotechnical/exploration drilling. Contractors on standby; feasibility study engineering and 2025 budget unaffected.
IMPACT Silver proposed extending 33,357,104 share warrants that were set to expire in 2025 by 18 months, so the April warrants would expire on October 19, 2026 and the May warrants on November 3, 2026, at the same $0.35 exercise price. The extension is subject to TSX Venture Exchange approval and includes a related-party component for a small insider holding.
Silver Tiger Metals Inc. filed a final short form prospectus on April 4, 2025, for a C$15,000,150 bought deal public offering of common shares at C$0.33 each. Underwriters have an over-allotment option for additional shares. Closing expected ~April 14, 2025.
GoGold Resources Inc. is pleased to announce that has closed its previously announced bought deal offering of 47,391,500 common shares at a price of C$1.82 per Common Share, for aggregate gross proceeds of C$86,252,530, including proceeds from the full exercise of the over-allotment option to purchase an additional 6,181,500 Common Shares.
Canasil Resources Inc. (Apr 4, 2025) announced a change in auditors: DeVisser Gray LLP replaces Davidson & Company LLP (former auditor for over 20 years). Change due to scheduling conflicts; aimed at expediting audits for cease trade order revocation and trading resumption. No adverse reports from prior auditor.
“With the option agreement signed and all necessary permits already in hand. We are fully prepared to move forward,” said David Coburn, CEO of Masivo Silver. “The drill targets are being carefully defined, being prioritized, and we are mobilizing immediately to begin drilling these high-grade silver zones. This is a significant milestone for the Cerro Colorado Project, and we are excited to start unlocking its full potential.”
Silver Tiger Metals Inc. updated PFS drilling at El Tigre Project, Mexico: 22,000m of 25,000m completed. Key intercepts include 116m @ 0.68 g/t AuEq and 34.4m @ 1.76 g/t AuEq. Mineralization expanded 10-15%; PFS on track for H2 2024.
Rohan Hazelton, CEO of DynaResource commented, “This metallurgical work is important data for the upcoming SK1300 Technical Report Pre-Feasibility Study that we plan to release in early Q2 2025. I am pleased to see such incredibly high gold recoveries from each of our major gold zones defined to date. Better than 95% gold recovery means our ore is easily processable and this supports our planned re-installation of the gravity gold circuit at San Jose de Gracia.”
Sierra Metals Inc. acknowledges the press release issued yesterday on behalf of Alpayana S.A.C. announcing an intention to update its previously announced unsolicited all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra.
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