Day: July 23, 2025

Mammoth Resources Corp. received TSX Venture Exchange approval for a first tranche closing of 21,821,902 units at $0.025 each, raising $545,548. Each unit includes one common share and one-half warrant, exercisable at $0.05 for 18 months. The funds are part of an upsized private placement targeting up to $980,000. Mammoth focuses on its 100%-owned Tenoriba gold property in Mexico.

Fresnillo plc reported robust Q2 2025 production with 12.5 moz of attributable silver (up 1.0% vs. Q1 2025, down 14.7% vs. Q2 2024) and 157.7 koz of gold (up 1.0% vs. Q1 2025, up 21.3% vs. Q2 2024). Strong performance at Herradura drove gold output, while silver was impacted by lower grades and Silverstream. The company maintains its 2025 guidance.

MAG Silver Corp. reported Q2 2025 production from Juanicipio (56% MAG, 44% Fresnillo), processing 343,000 tonnes of ore, with silver grades at 417 g/t and production of 4.3 million silver ounces and 10,465 gold ounces. Lead and zinc output rose 9% and 21%, respectively. A tragic fatality in July prompted a safety review. Full-year guidance remains on track, with comprehensive results due August 11, 2025.