Day: July 10, 2025

Mithril Silver and Gold Limited (TSXV:MSG, ASX:MTH) announced a C$11.5M private placement, issuing up to 31,944,700 shares at C$0.36 each to fund exploration at its Copalquin project in Mexico. The placement, led by Ventum Financial Corp., has strong demand from institutional investors. Proceeds will accelerate drilling and exploration, with closing expected on July 24, 2025, pending regulatory approval.

Starcore International Mines Ltd. signed a non-binding Letter of Intent to lease the San Juan Nepomuceno (Tortilla Project) in Queretaro, Mexico, for 10 years. The project includes a historical mine with no production records but significant potential. Starcore will pay MX$5,000,000 (~US$268,500) over six months, with a 2% NSR to the owner post-payments. The owner may sell the claims for US$7,000,000 during the lease.