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.
United States Antimony Corp restarted its Madero smelter in Mexico, over a year after halting Latin American operations due to financial losses and low antimony prices. The move follows China’s 2024 export ban on critical minerals, driving antimony prices up. The company aims to process 200 tons monthly by year-end, using international ore sources, amid U.S. efforts to boost domestic critical mineral production.
Canuc Resources Corporation extended the final closing date of its non-brokered private placement to May 21, 2025, to fund the acquisition of MacDonald Mines Exploration Ltd. and exploration of its assets. MacDonald Mines, founded in 1935, focuses on precious and critical metals in Ontario, with its flagship SPJ Project near Sudbury, targeting copper, gold, cobalt, nickel, and rare earth elements.
Excellon Resources Inc. faces a lawsuit in Ontario from Javier Martinez Lomas, seeking US$23 million in damages. The claim relates to a previously resolved dispute in Mexico involving a former Excellon subsidiary. Excellon considers the lawsuit meritless and an attempt to relitigate a settled matter, vowing to defend and dismiss the claim.
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