Pacifica Silver Corp. closed the second tranche of its non-brokered private placement, issuing 900,000 units at C$0.50 to raise C$450,000, bringing total fundraising to C$10 million. Each unit includes one share and ½ warrant exercisable at C$0.80 for 36 months. Proceeds will support exploration and drilling at the Claudia Project in Durango, Mexico, and working capital.
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 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.
Regency Silver Corp. has upsized its private placement to 35,847,250 units at $0.10 each, raising $3,584,725, led by Centurion One Capital. Each unit includes one common share and half a warrant exercisable at $0.20 for two years. Proceeds will fund drilling at the Dios Padre project in Sonora, Mexico, and general working capital.
Kingsmen updated drilling progress at its 100 %-owned Las Coloradas silver project in the Parral mining district, Chihuahua. The company completed 3,227 m of core drilling in 12 holes, testing the Soledad and Soledad II structures and geophysical targets. Drilling confirmed mineralization along strike and below the water table, validating the geological model and leaving significant targets still to test.
Orogen Royalties Inc. reported $2.1M in Q2 2025 royalty revenue from the Ermitaño mine, up 11% from Q2 2024, despite a 24% drop in GEOs. Net income before tax fell 45% to $0.6M, with a $0.2M comprehensive loss due to forex losses. Operating cash flow rose 28% to $2.3M, with $27.8M in working capital, debt-free.
IMPACT Silver reported Q2 2025 revenue of $9.8 M, a 27 % increase from $7.7 M in Q2 2024, driven by higher production at Plomosas and strong metal prices. Mine operating income before amortization was $1.6 M (vs a loss last year). Net loss was $2.0 M. The company ended the quarter with $10.3 M cash, $13.3 M working capital, and no long-term debt.
Pan American Silver (Aug 25, 2025) announced Mexico’s COFECE approved its plan of arrangement to acquire MAG Silver. All regulatory, shareholder, and court approvals received; deal expected to close on or about September 4, 2025 (completed on that date). MAG shareholders to elect consideration by Aug 27 (prorated).
Avino Silver & Gold Mines has acquired 100% ownership of its La Preciosa silver project by purchasing and cancelling all outstanding royalties and contingent payment obligations for about US$22 million. This move eliminates future royalty burdens, enhances project economics, lowers operating costs, and restores full control of the asset ahead of planned production.
Kootenay Silver Inc. appoints Ron Miller, CPA, CA, to its Board of Directors. Miller brings over 30 years of experience, including 11 years as Partner & National Leader – Mining Services at MNP LLP (retired 2021), with expertise in assurance, accounting, advisory, listings, M&A, and financing for exploration and mining companies.
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