Month: October 2025

Southern Empire Resources Corp. announced Monumental Minerals (Fortuna Mining Corp.) completed exploration at the Centauro Gold Project, Chihuahua, Mexico, defining 56 drill pads. A 3,500m drilling program targeting precious metals at 300-400m depths starts October 2025. Southern Empire retains a 1% NSR royalty and US$975,000 in potential payments. Centauro shows epithermal/Carlin-style potential, akin to the Pedro Gold Project.

Equinox Gold Corp. reported a record Q3 2025, producing 236,470 ounces of gold, with year-to-date production at 634,428 ounces. Greenstone Mine saw a 10% increase in mining rates and 13% higher mill grades. Valentine Gold Mine poured first gold ahead of schedule on September 14, averaging 57% of nameplate capacity. The company reduced debt by US$139 million and sold Nevada assets for US$115 million.

Grupo México, led by billionaire Germán Larrea, offered to buy up to 100% of Citigroup’s Banamex, valuing it at ~US$2.6B, after failed 2023 talks. The proposal respects Fernando Chico Pardo’s recent 25% stake purchase. Citi prefers an IPO but will review the offer. Grupo México’s stock fell 18.8% amid the news.

Pantera Silver Corp. (TSXV: PNTR) announces a non-brokered private placement of up to 5M units at $0.50 each, targeting $3.5M. Each unit includes one common share and half a warrant (exercisable at $0.75 for 2 years). Proceeds for exploration, acquisitions, and working capital. Subject to TSXV approval and 4-month hold.

Mexican Gold Mining Corp. (TSXV: MEX) has arranged a non-brokered private placement of up to 10M units at $0.085 each, targeting $850K in proceeds. Each unit comprises one share and one warrant (exercisable at $0.12 for 3 years). Funds for working capital; subject to TSXV approval and 4-month hold period.

Quetzal Copper Corp. (TSXV: Q) received conditional TSX Venture Exchange approval for its reverse takeover of Silverco Mining Corp. The deal, closing ~Oct. 16, 2025, will rename Quetzal to Silverco Mining Ltd. (SICO) as a Tier 2 mining issuer. Full details in the Oct. 3 Filing Statement on SEDAR+.

Vizsla Royalties (TSXV: VROY) congratulates Vizsla Silver on its third annual sustainability report, highlighting progress in environmental rehabilitation (e.g., tailings facilities, 5,000 native trees planted), social investment (US$205K in 2025, >US$600K cumulative), and strengthened ESG governance. Vizsla Royalties also engaged SRC Swiss Resource Capital AG for European IR services.

Colibri Resource Corporation plans two non-brokered private placements: an equity offering of 8,666,666 units at $0.15, raising up to $1.3 million, and a debenture offering of 250 convertible debenture units for up to US$250,000. Proceeds will fund exploration at Mexican gold projects, Pilar and EP, and general working capital, while strengthening the balance sheet. Closing requires TSX Venture Exchange approval.