Day: August 27, 2025

Mithril Accelerates Exploration with New Drilling at Target 5 and Ongoing Expansion at Target 1

Mithril Silver and Gold Limited is advancing exploration at its Copalquin property in Mexico, fully funded for 45,000m of drilling over 12–14 months. Drilling at Apomal (Target 5) and high-grade intercepts at La Soledad and Zaragoza (Target 1) confirm significant gold-silver potential. A third drill rig and aeromagnetic survey are planned for 2026 and Q4 2025, respectively.

Newmont Upgraded to A3 Rating by Moody’s

Newmont Corporation’s credit rating was upgraded by Moody’s to A3 from Baa1, reflecting its improved credit profile, strong balance sheet, and robust liquidity of $10.2 billion, including $6.2 billion in cash as of Q2 2025. CEO Tom Palmer emphasized disciplined capital allocation, debt reduction, and stable dividends, ensuring long-term value and strong free cash flow across various gold price scenarios.

Guanajuato Silver – Mine Operating Income Tops US$8.2M in First Half of 2025

Guanajuato Silver Company Ltd. reported a mine operating income of $3.38M and adjusted EBITDA of $1.89M for Q2 2025, marking five consecutive positive quarters. Working capital deficiency improved by 56% to -$6.7M. Production reached 659,237 silver equivalent ounces, with a focus on higher-grade output to maximize margins, leveraging rising silver ($33.58/oz) and gold ($3,278/oz) prices.

Sonoro Gold Announces Increase in Private Placement

Sonoro Gold Corp. has increased its non-brokered private placement to 10,000,000 units at $0.15 each, aiming to raise CAD $1,500,000. Each unit includes one common share and one warrant exercisable at $0.22 for two years. Proceeds will fund the Cerro Caliche gold project in Sonora, Mexico, and working capital. The offering awaits TSX Venture Exchange approval.

Heliostar Drills 30.2m grading 6.29g/t Gold in First Resource Conversion Holes at Ana Paula

Heliostar Metals Ltd. announced initial results from its 15,000-meter drill program at the Ana Paula project in Guerrero, Mexico, targeting resource conversion and supporting a Feasibility Study. Key intercepts include 30.2m at 6.29g/t gold, 14.75m at 13.6g/t gold, and 12.2m at 8.72g/t gold, confirming consistent high-grade mineralization. Two rigs are active, with monthly results expected through 2026.

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