MAG Silver Corp. released its 2024 Sustainability Report, emphasizing its commitment to ESG priorities. Highlights include a three-year decline in safety incident rates at Juanicipio, over 102,000 hours of safety training, zero significant environmental incidents, and a human rights due diligence tool. The report, supported by a Climate Action Statement and ESG Data Table, is available on MAG’s website.
Silver Viper Minerals Corp. announced an additional $2 million non-brokered private placement, issuing up to 6,666,667 units at $0.30 each, alongside a previously announced $3.5 million offering, targeting total proceeds of $6 million. Each unit includes one share and one-half warrant, exercisable at $0.50 for 24 months. Proceeds will fund drilling at La Virginia and general corporate purposes. The offering, subject to TSX Venture Exchange approval, is expected to close in tranches starting June 25, 2025, with a 12-month trading restriction on units.
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.
Kootenay Silver Inc. announces a $12,001,500 bought deal offering of 11,430,000 units at $1.05 each, with Research Capital Corporation leading the underwriters. Each unit includes one common share and half a warrant, exercisable at $1.58 for 36 months. Proceeds will advance the Columba Silver Project and support general corporate purposes. Closing is expected around June 25, 2025, pending regulatory approvals.
Colibri Resource Corporation’s AGM on June 13, 2025, saw 9,451,871 shares (8.19% of total) represented. Shareholders overwhelmingly approved all resolutions, including electing six directors (99.88% for each), appointing Kreston GTA LLP as auditors, and re-approving the stock option plan. Colibri continues to advance its gold exploration in Sonora, Mexico, focusing on the Pilar and EP Gold Projects.
Minaurum Gold Inc. appointed Ruben Molina as Senior Project Manager for the Alamos Silver Project in Mexico. Molina, with a proven track record in silver exploration, previously worked at SilverCrest Metals’ Las Chispas deposit, acquired for $1.7 billion. Three additional seasoned geologists will be joining who previously worked alongside him at SilverCrest Metals, including in the capacities as; Chief Geologist, Senior Geologist – Prospecting, and Resource Modeling Geologist.
Oroco Resource Corp. announced a non-brokered private placement of up to 5,000,000 units at C$0.30 each, aiming to raise C$1,500,000. Each unit includes one common share and one warrant exercisable at C$0.45 for 36 months. Proceeds will advance the Santo Tomás Project in Mexico and support general corporate purposes. The offering awaits TSX-V approval, with securities subject to a four-month-plus-one-day hold period.
Kootenay Silver Inc. announced the maiden Mineral Resource Estimate for its Columba Silver Project in Chihuahua, Mexico, reporting 54.1 million ounces of silver, 25.2 million pounds of lead, and 65.6 million pounds of zinc in the Inferred category. The estimate, based on 17 epithermal veins, uses a 150 gpt silver cut-off grade. The company plans further drilling to expand the resource, with veins open along strike and depth.
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