Southern Silver Exploration Corp. acquires Puro Corazon mining claim, contiguous to Cerro Las Minitas, from arms-length vendor via cash payments over 40 months. The claim mines 60 tonnes/day of silver-lead-zinc concentrates. Plans: 12,000m infill drilling, updated PEA in Q1 2026 for resource growth and enhanced economics.
Xali Gold completes TSX.V reinstatement review. Remedioambiente agreement for El Oro gold/silver recovery includes NSR royalties, fee payments, and managing unlawful concession cancellations. Drops Sarape Project option. Plans to reduce $3.15M deficit via third-party payments, shares for debt, and 2025-2026 financings. Focus shifts to South American acquisitions.
Almaden Minerals Ltd. updates CPTPP arbitration against Mexico over Ixtaca project expropriation. Panel sets timeline: Mexico’s counter-memorial by Nov. 24, 2025; hearings Dec. 14-18, 2026. Claimants seek US$1.06B for breaches including unlawful expropriation, unfair treatment, and discrimination, stemming from SCJN-mandated title suspension and cancellation without Indigenous consultation.
Colibri Resource Corp. updates on advancing its 100%-owned EP Gold Project in Mexico’s Caborca Belt and 49% stake in Pilar Gold-Silver JV. Amid high metal prices, plans include exploration drilling, pilot mining, resource estimate, PEA, and financing to enhance shareholder value.
Capitan Silver Corp. announces key appointments: Graham Scott as Director; Marc Idziszek promoted to VP Exploration; Israel Tolano Chacón in Technical Services; Xochitl L. Valenzuela Verdugo in Project Evaluation; Greg DiTomaso in Investor Relations. CEO Alberto Orozco highlights their expertise for advancing the Cruz de Plata silver project.
Tocvan Ventures Corp. announces the start of field work and airborne magnetics survey at its flagship Gran Pilar Gold-Silver Project in Sonora, Mexico. This advances exploration with geological mapping, sampling, and geophysics, paving the way for imminent drilling, trenching, and pilot mining under a 10-year permit.
Kenadyr Metals Corp., to be renamed Algo Grande Copper Corp., closed the first tranche of a $2.26 million private placement, issuing 6,034,036 subscription receipts at $0.375 each. Funds will support the Adelita Project acquisition and exploration in the Sonora-Arizona Copper Belt, pending TSXV approval. Proceeds are in escrow until the transaction completes, with $102,865.09 in finder’s fees and 274,307 warrants issued.
Silver Tiger Metals announces C$25M bought deal offering of 34.75M shares at C$0.72 each, with underwriters’ option for 15% more (up to C$28.8M total). Proceeds fund El Tigre Project exploration in Mexico and corporate purposes. Closing ~October 7, 2025.
Discovery Silver Corp. has entered a US$250M revolving credit facility (expandable to US$350M) with BMO, CIBC, and NBC, maturing in 2028. It provides flexibility for growth in Canada and Mexico. The company will terminate its undrawn US$100M term loan with Franco-Nevada.
Goldgroup Mining Inc. closed a CAD $4M non-brokered private placement, selling 4,848,485 units at $0.825 each (one share + one warrant exercisable at $1.05 until Sept 2027). Paid finder’s fees of $182,505 plus warrants/units. Proceeds for pursuing mining acquisitions. Securities hold until Jan 2026.
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