Sonoro Gold Corp. (TSXV:SGO) announces fully-subscribed $3M non-brokered PP of 15M units at $0.20/unit, each with 1 share + 3-year $0.28 warrant. Proceeds fund Cerro Caliche development in Sonora, Mexico, including updated PEA, final option payment for 100% ownership, and ETJ permit. Closes ~Oct 20; insiders may participate.
Regency Silver Corp. (TSXV:RSMX) has commenced a 4,500m drill program in 6-8 holes at its flagship Dios Padre project in Sonora, Mexico, targeting along-strike extensions of high-grade Au-Ag-Cu mineralization, including prior intercepts like 38m of 7.36 g/t Au. CEO Bruce Bragagnolo is excited to expand this significant discovery.
Canasil Resources Inc. (TSX-V:CLZ.H) reviews its portfolio post-TSX-V reinstatement. In BC, Amarc options 100% of Brenda Au-Cu-Ag project for $2M cash payments + $8-12M exercise price, retaining 2% NSR; adjacent to Freeport’s 70% earn-in JOY District. Mexico’s silver-gold projects (100% owned, some with NSR) poised for advancement amid improving sector outlook.
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