Fresnillo PLC’s Q3 2025 production: 11.7 Moz attributable silver (down 6.6% QoQ, 19.1% YoY due to San Julián DOB cessation and lower grades/volumes); 151.3 koz gold (down 4.1% QoQ, 3.5% YoY). YTD: silver -14.2%, gold +8.8%. By-products mixed. On track for unchanged 2025 guidance; prioritizing safety and efficiency.
Advance Metals (ASX:AVM) appoints David O’Connor as Non-Executive Chairman, with 40+ years mining experience including AbraSilver’s Diablillos growth from 129Moz to 350Moz AgEq. Bolsters Mexican silver-gold assets (~100Moz AgEq). Remuneration: A$125K + 2M performance shares. Craig Stranger to Non-Exec Director; Joshua Gordon resigns.
Vortex Metals Inc. (TSXV: VMS; FSE: DM8; OTCQB: VMSSF) closed second tranche of non-brokered private placement, issuing 2.625M units at $0.04 for $105K. Total raised: $805K from 20.125M units (1 share + 1/2 warrant at $0.08/36mo, acceleration if $0.15/10 days). Proceeds: concessions, exploration, working capital. TSXV approval pending.
Silver Storm Mining has commenced rehabilitation at its La Parrilla Silver Mine in Mexico. Dynamic Engineering is leading plant rehab, expanding the sulphide circuit 25% to 1,250 tpd (7-9 months). Long-lead items ordered; underground works (drift cleaning, ventilation) underway. SRK reviews restart plan, targeting potential Q2 2026 production.
Pinnacle Silver and Gold Corp. (TSXV: PINN; OTC: PSGCF) appoints Carlos Castro Villalobos as Project Manager for El Potrero Au-Ag project in Durango, Mexico. Jorge Ortega, P.Geo., continues as Exploration Manager, supervising sampling in the epithermal system. Experienced team targets production.
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