Mithril Silver and Gold Limited announced a private placement of 27,778,000 shares at C$0.36 each, raising C$10,000,080. The proceeds will fund exploration at the Copalquin project in Mexico and general corporate purposes. The offering, led by Ventum Financial Corp., includes an option for an additional 15% of shares and is set to close on July 29, 2025, pending regulatory approvals.
GR Silver Mining Ltd. reports high-grade silver results from Phase I underground sampling at Plomosas Mine, Mexico, with up to 3,993 g/t Ag Eq. The program aims to model high-grade zones, collect metallurgical data, and support a Bulk Sampling Test Mining program. Phase II will refine engineering plans, leveraging existing permits and infrastructure for potential 2026 implementation.
Endeavour Silver Corp. reported Q2 2025 production of 1.48 million silver ounces, 7,755 gold ounces, and 2.5 million silver equivalent ounces, up 17% from Q2 2024, driven by the Kolpa acquisition. Guanaceví and Bolañitos outputs were slightly below plan, while Kolpa performed as expected. Terronera’s ramp-up reached 1,400 tpd in June, targeting design capacity in Q3. The company sold 1.47 million silver and 7,706 gold ounces.
Equinox Gold Corp. reports Q2 2025 production of 219,122 ounces, including 51,274 from Greenstone and 72,823 from Calibre Mining assets. Greenstone is ramping up for a stronger H2, while Valentine Gold Mine is on track for first ore in late August. The Calibre merger enhances Equinox’s portfolio, with $406 million in cash and 785,000–915,000 ounces projected for 2025.
Mexico Mining Center © 2021 / All Rights Reserved
