At Sierra Madre Gold and Silver’s June 18, 2025 Annual General Meeting, shareholders elected five directors, re-appointed Davidson & Company LLP as auditors, and approved the company’s 10 % rolling stock option plan, all with overwhelming support.
Gold Resource Corporation appointed Peter L. Gianulis to its Board of Directors. He brings over 25 years of experience advising and investing in natural resource companies and currently leads Allegiant Gold Ltd. and Carrelton Asset Management, Inc. Gianulis also joins the Audit and Compensation Committees, helping guide the company’s focus on optimizing its Mexican operations.
Kootenay Silver Inc. upsized its bought deal public offering to $17.4 million due to strong demand, issuing 16,572,000 units at $1.05 each. Each unit includes one common share and half a warrant (exercisable at $1.58 for 36 months). Led by Research Capital Corporation, proceeds will advance the Columba Silver Project in Mexico and support working capital. Closing expected around June 25, 2025.
Mexico has launched a new mining policy to reduce reliance on foreign strategic minerals and boost the national economy, announced Economy Secretary Marcelo Ebrard. Following President Sheinbaum’s directives, the strategy aims to ensure sovereignty in technology, energy, and automotive sectors through responsible resource use, with plans for incentives, export regulations, and public-private partnerships.
Tocvan Ventures Corp. announced a 50,000-tonne pilot leaching facility design for its Gran Pilar Gold-Silver Project in Sonora, Mexico, spanning 1.76 hectares. The 2023 land acquisition expanded the project to 21 km². High-grade drilling results (e.g., 3.1m at 19.4 g/t Au) and 62% gold recovery from a 2023 bulk sample highlight its potential, with permitting and financing targeted for 2025.
Vizsla Silver Corp. advances its Copala test mine at the Panuco silver-gold project in Mexico, reaching 125 meters in the decline. The 10,000-tonne bulk sample will support backfill planning and resource conversion. The portal will serve as the main access for future mining, with the fully funded program on track for completion by year-end.
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