Avino Silver & Gold Mines reported Q2 2025 revenues of $21.8M (up 47%), net income of $2.9M, and record mill throughput of 190,987 tonnes. EBITDA rose 118% to $7.4M, with lower cash costs. La Preciosa development advanced, and working capital grew to $40.6M. The company gained inclusion in major mining indexes and published its inaugural sustainability report.
Tocvan Ventures Corp. has secured a permit for a 50,000-tonne pilot mine facility at its Gran Pilar Gold-Silver Project in Sonora, Mexico, enabling processing of high-grade zones with a target of 1.2 g/t gold and 70% recovery. Combined with permits for 30,000 meters of drilling and 67 trenches, the project is advancing toward production, supported by strong metallurgical results (up to 99% gold recovery) and recent high-grade drill intercepts, including 6.1m at 5.4 g/t Au.
Oroco Resource Corp. congratulates Hudbay Minerals Inc. on its $600M deal with Mitsubishi for a 30% stake in the Copper World project, valuing it at $1.4B. This underscores the demand for high-quality copper projects. Oroco’s Santo Tomás project, sharing similar traits, is advancing toward a Pre-Feasibility Study, positioning it as a premier copper development opportunity.
Equinox Gold reported Q2 2025 production of 219,122 gold ounces, with cash costs at $1,478/oz and AISC at $1,959/oz. Revenue reached $478.6M, with adjusted EBITDA of $200.5M. The Calibre acquisition boosted scale, while Greenstone and Valentine projects progressed. The company maintains 2025 guidance of 785,000-915,000 ounces, targeting operational excellence and debt reduction.
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.
Silver Tiger Metals Inc. announced preliminary results from its 2025 Summer Exploration Program at the El Tigre Project in Sonora, Mexico. The program focuses on mapping and sampling the Northern Veins, 2 km north of the historic El Tigre Mine, to define drill-ready targets for Q4-2025. Exploration will also target undrilled Southern Veins, aiming to expand the project’s 25 km of mapped vein strike length.
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.
Zacatecas Silver Corp. launched a 4,000-metre diamond drill program at its Zacatecas Silver Project, targeting El Cristo and Panuco North vein systems. The program aims to expand the 20.5 Moz AgEq resource at Panuco and explore El Cristo’s high-grade potential. A $2.5M private placement will fund drilling and growth initiatives.
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.
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