Mithril Silver and Gold’s September 2025 quarter: Advanced drilling at Copalquin District, Mexico, yielding high-grade gold-silver intercepts at Targets 1, 5, and new Target 6. Raised C$11.5M via placement; cash A$18.3M. Expanding resource; assays pending.
Mexico’s Supreme Court unanimously upheld a tax ruling against Primero Empresa Minera (First Majestic), confirming payment of MXN 2.87 billion (~USD 155 million) for 2012 ISR/IETU, plus updates and fines. The Court, led by Justice Lenia Batres, revoked a prior admission, found no exceptional constitutional issue, denied postponement, and earlier fined the firm 70 UMA for an unfounded recusal.
Capstone Copper’s Q3 2025 highlights: record adjusted EBITDA of $249.2M, up from $120.8M; copper production 55,280 tonnes at $2.42/lb C1 costs; net income $248.1M including impairment reversal. Sanctioned MV Optimized expansion; JV with Orion for Santo Domingo. Reiterates 2025 guidance.
Fortune Bay closed $8M bought deal private placement: 1.44M flow-through shares at $1.39 ($2M) for Goldfields exploration; 6M hard dollar shares at $1.00 ($6M) for permitting, PFS, Poma Rosa exploration, and corporate purposes. Paid $477K commission; issued 443K warrants. Pending TSXV approval.
Sonoro Gold Corp. completed the final payment for 100% interest in the Rosario Concessions at its Cerro Caliche gold project in Mexico, granting a 2% NSR royalty (buyable at $1M per percent). All concessions and surface rights are secured; project nears permitting for open-pit mining. CFO Salil Dhaumya resigned; Katharine Regan is interim CFO.
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