Aura Minerals reported Q1 2025 results: production of 60,087 GEO; net revenue $161.8M (up vs. last year but slightly down vs. Q4 2024); gross profit $78.4M; Adjusted EBITDA $81.5M; adjusted net income up versus prior year; operating cash flow $41.2M; and net debt/LTM EBITDA ~0.9×. Borborema project started operations on schedule.
Chesapeake Gold Corp. announces Alan Pangbourne’s immediate resignation as director to pursue other opportunities. The company thanks him for his service and wishes him well.
Vizsla Silver Corp. announced on May 5, 2025, the full resumption of field work at its flagship Panuco silver-gold project in Sinaloa, Mexico, following a temporary pause due to security concerns. Activities include test mine development, exploration/geotechnical drilling, mapping, and surveys. Plans: advance Feasibility Study and seek Project #2 in H2 2025.
Luca Mining Corp. announced results from nine underground drill holes at its Tahuehueto gold-silver mine in Mexico, part of a 5,000m exploration program. Two new high-grade breccia ore shoots were discovered in the El Creston vein system, with intercepts including 9.4m at 5.21 g/t AuEq and 4.8m at 5.62 g/t AuEq. A Phase 2 drilling program and surface drilling at the Santiago deposit have begun.
Kingsmen Resources reported that drill pad construction is underway at its 100 %-owned Las Coloradas silver project in the Parral mining district, Chihuahua, Mexico, preparing for an initial 14-hole diamond drilling program targeting the Soledad and Soledad II vein systems after significant surface sampling results. Drilling is expected to run through May–July 2025.
IMPACT Silver reported record FY 2024 revenue of $31.9 M, a 53% increase from 2023, driven by higher production at Zacualpan and Plomosas. The company returned to net profit in Q4 2024 with $1.6 M net income vs a loss last year. It ended the year with $7.1 M cash, $9.0 M working capital, and no long-term debt.
Kootenay Silver Inc. announced high-grade drill results from its Columba Silver Project, with D-Vein assays reaching 7,630 gpt silver and 30.57% lead-zinc, the deepest and highest values recorded. Hole CDH-25-199 intercepted 620 gpt silver over 16.5 meters. The company is compiling data for a maiden resource estimate, with drilling now exceeding 20,000 meters.
Fuerte Metals announced strong drill results at its Cristina Project in Chihuahua, Mexico, including 10.3 g/t AuEq over 2.4 m, 7.0 g/t AuEq over 1.4 m, and 5.6 g/t AuEq over 3.6 m, within broader mineralized zones. These intercepts, from the Los Ingleses vein, highlight both high-grade and wide lower-grade mineralization and support ongoing resource expansion work.
Apollo Silver appointed Ross McElroy as its new President and CEO, succeeding Andrew Bowering (who will remain Chair of the Board). McElroy is a professional geologist with 38+ years of mining industry experience, including co-founding and leading Fission Uranium to a US$1.14 billion sale. He also received 2,500,000 stock options as part of his appointment.
Capstone Copper Corp. announced the voting results from its 2025 Annual General Meeting held May 2, 2025, in Vancouver. With 594,082,529 shares voted (77.96% of outstanding shares), shareholders approved all items, including setting the board at eight directors (96.27% for), electing directors (98.20%-99.98% for), re-appointing Deloitte LLP as auditor (99.90% for), and an advisory vote on executive compensation (91.87% for).
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