Day: August 6, 2025

Guanajuato Silver Receives Key Permit at Pinguico Mine

Guanajuato Silver received an explosives permit for its Pinguico project, enabling Q4 2025 underground development. The project targets a historic stockpile and high-grade veins, with mineralized material to be processed at El Cubo. Previous drilling showed significant gold and silver grades, justifying a 2026 exploration program to expand mineralization.

Silver Valley Metals to Acquire 100% Interest in Two Gold Projects in Finland

Silver Valley Metals Corp. has acquired two gold exploration projects, Leilipalo and Pasto, in Finland’s prolific greenstone belts for C$1.62 million in shares. Located near major gold deposits, these projects cover 10,348 hectares with extensive historical data and no Natura 2000 restrictions. The acquisition diversifies Silver Valley’s portfolio in a top mining jurisdiction, with plans for advanced exploration.

Chesapeake Gold Adopts Fixed Stock Option Plan

Chesapeake Gold Corp. adopted a fixed stock option plan on August 6, 2025, replacing its rolling plan. The new plan caps issuances at 7,209,338 common shares, including outstanding options from the prior plan. Subject to TSX Venture Exchange approval.

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