Month: August 2025

Auxico Resources Canada Inc. completed the sale of its Mexican subsidiary for USD $200,000 to Concordia Silver Company. The Company retracted technical information from its April 17, 2025 presentation, which was non-compliant with Regulation 43-101. Auxico engaged a Qualified Person to review future disclosures to ensure compliance with Canadian securities regulations.

Endeavour Silver Corp. reported strong Q2 2025 results, with a 13% increase in silver equivalent production to 2.5 million ounces, driven by the Minera Kolpa acquisition. Revenue rose 46% to $85.3 million, with operating costs below guidance. The company maintained a solid $52.5 million cash position, while Terronera nears commercial production, enhancing future growth prospects.

GR Silver Mining Ltd. completed a $13.8 million private placement, issuing 69 million units at $0.20 each, with each unit including one common share and half a warrant exercisable at $0.28 until August 13, 2028. The funds will advance the Plomosas Silver Project in Mexico, focusing on resource expansion drilling and bulk sampling test mining. The offering, fully subscribed with an over-allotment option exercised, awaits final TSX Venture Exchange approval.

Oroco Resource Corp. received approval from SEMARNAT for its exploration activities at the Santo Tomas Project in Mexico, allowing drilling and exploration without an Environmental Impact Authorization. The project, spanning 6,121 hectares, hosts significant copper porphyry mineralization. A 2024 updated MRE and PEA highlight its potential, supported by its inclusion in the Plan Sinaloa initiative.

Mithril Silver and Gold (ASX: MTH, TSXV: MSG) has started trading on the OTCQB Venture Market in the U.S. under the symbol MTIRF. This move aims to boost visibility, expand the shareholder base, and improve access to U.S. capital markets, supporting the company’s growth in the Copalquin Gold-Silver District, while continuing to trade on ASX and TSX.V.

United States Antimony Corporation reported a 160% revenue increase to $17.53 million, 183% gross profit growth to $5.21 million, and a 707% net income rise to $728.1K for the first six months of 2025. Antimony sales surged 203% to $15.56 million, and zeolite sales grew 24% to $1.98 million. The company acquired a tungsten mine and holds a $10.4 million antimony inventory.

Masivo Silver Corp. is advancing its Boston Mine project in Nevada, negotiating nearby acquisitions, and awaiting assay results. In Mexico, a $75,000 drill credit will fund Q4 2025 drilling at Cerro Colorado. A $1.2M financing round is set to close August 15, 2025, to support drilling in both regions. Delayed financial filings due to Mexican data issues prompted a voluntary management cease trade order application, with audits expected by August 31, 2025.

Empress Royalty Corp. reported a 230% revenue increase to US$6.55M for the six months ended June 30, 2025, with net revenue of US$4.48M. The company achieved positive operating cash flow of US$4.55M and net income of US$1.58M, a significant improvement from a US$0.99M loss in 2024. Adjusted EBITDA was US$3.90M, reflecting strong partnerships and disciplined execution.