Day: May 20, 2025

DynaResource Reports Q1 2025 Results and Improved Operating Profitability at the San Jose de Gracia Mine

DynaResource reported Q1 2025 revenue of $13.7 million, up 45% from Q1 2024, with net income of $0.6 million compared to a $4.4 million loss last year. Gold production was 5,781 ounces, down 17% from Q1 2024. The company discovered three new mineralized veins and completed flotation circuit upgrades, boosting margins. A Prefeasibility Study supports future exploration to expand reserves.

Golden Minerals Reports First Quarter 2025 Financial Results

Golden Minerals reported a Q1 2025 net loss of $1.2M ($0.08/share), down from $4.6M ($0.32/share) in Q1 2024. Cash increased to $3.5M from $3.2M, with zero debt. Restructuring reduced costs, enabling focus on exploration at Argentina’s Desierto and Nevada’s Sand Canyon projects. A Phase I drill program is planned for Desierto. Liquidity concerns persist, with cash depletion projected by Q1 2026 without new funding or asset sales.

Torex Gold Reports Latest Drilling Results from ELG Underground

Torex Gold Resources Inc. announced drilling results from the 2024 and early 2025 programs at ELG Underground, confirming high-grade mineralization and potential for extended mine life. Key intercepts include 12.18 gpt AuEq over 26.4 m and 8.98 gpt AuEq over 35.8 m. The 2025 program, with a $12 million budget, targets resource expansion and sustained production beyond 2030.

Fresnillo Plc – Result of AGM

At Fresnillo plc’s Annual General Meeting on May 20, 2025, all resolutions (1-19 ordinary, 20-23 special) were passed by poll. Resolutions 10-16 for re-electing Independent Directors were approved by majorities of both independent and all shareholders. Total issued shares were 736,893,589. Voting details are available, with special business resolutions submitted to the National Storage Mechanism.

GR Silver Mining Announces Resumption of Plomosas Silver Project Field Work

GR Silver Mining Ltd. has resumed field work and drilling at the Plomosas Silver Project in Sinaloa, Mexico, after a temporary pause due to regional security concerns. The company is optimistic about expanding the San Marcial resource, with previous trench results showing high-grade silver. The focus is on step-out drilling and surface investigations, while prioritizing safety and assessing a potential bulk sampling program.

Kenadyr Metals Announces North American Copper Strategy, Launches Technical Advisory Board & Appoints Dr. Peter Megaw, Michael Williams, and John McVey as Strategic Advisors

Kenadyr Metals Corp. has formed a Technical Advisory Board to advance its copper exploration strategy in North America. The board includes Dr. Peter Megaw, a renowned geologist with 45 years of experience; Michael Williams, with 29 years in mining and M&A expertise; and John McVey, a veteran in mine development. They will guide Kenadyr’s acquisition and development of high-grade copper assets.

Apollo Silver’s Vision: From Founding to Future in Precious Metals Exploration

Apollo Silver Corp., led by Chairman Andrew Bowering, advances precious metals projects in California and Mexico. The Calico Project targets 160M ounces of silver and 70,000 ounces of gold, with plans for a barite resource, gold drilling, and silver economic study in 2025. The Cinco de Mayo Project aims to regain community support to unlock a major CRD deposit.

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