Santacruz Silver Mining Ltd. received a temporary management cease trade order (MCTO) from the British Columbia Securities Commission due to its failure to file Q1 2025 interim financial statements by May 30, 2025. The MCTO restricts trading by the CEO and CFO until the filings are completed, expected by June 12, 2025. The general public can still trade the company’s securities.
Mithril Silver and Gold (TSXV: MSG, ASX: MTH) reports high-grade channel samples at Target 5, Copalquin, Mexico, with up to 5.36 g/t gold, 777 g/t silver, and elevated copper, lead, and zinc. The 1.6 km vein corridor, 1.5 km from Target 1, supports a district-scale epithermal system. Drilling is planned for next quarter.
Reyna Silver Corp. announces Carmen Amezquita’s resignation from its Board to pursue other professional commitments. The Board thanks her for her contributions over the past two years and wishes her success
Silver Spruce Resources, Inc. finalized an amended Option Agreement for the Pino de Plata project in Chihuahua, Mexico, simplifying terms to earn 100% interest. The deal includes a $10,000 payment and a 10% future sales participation right over three years, eliminating prior cash, share payments, and royalties. The agreement awaits a landowner access deal to proceed with exploration, including Phase 1 drilling.
Pinnacle Silver and Gold Corp. (TSXV: PINN) reports high-grade gold-silver mineralization at the Pinos Cuates Mine, Durango, Mexico. Underground sampling yielded up to 19.4 g/t Au and 266 g/t Ag over 4.1m. Surface mapping traced the Dos de Mayo vein for 1.6km, with grab samples up to 13.2 g/t Au and 2,280 g/t Ag, indicating drill targets.
Orogen Royalties Inc. reports a profitable Q1 2025 with $1.8M net income, up 500% from 2024, driven by $2.1M in royalty revenue from the Ermitaño mine. Drilling at the Navidad discovery expanded the mineralized area, enhancing potential mine life. The company maintains strong working capital of $28M and no debt, with ongoing exploration and a pending $421M acquisition by Triple Flag Precious Metals. (60 words)
Mako Mining Corp. reported record Q1 2025 results, with $31.8M in gold sales, $19.9M in Mine Operating Cash Flow, $16.1M in Adjusted EBITDA, and $9.4M in Net Income. The company sold 10,817 oz of gold at $2,915/oz, with Cash Costs at $1,239/oz and AISC at $1,411/oz. The Moss Mine acquisition boosted results, while exploration continues at Eagle Mountain.
Mexico Mining Center © 2021 / All Rights Reserved
