Heliostar Metals Ltd. reports strong drill results from its Ana Paula project, including 88.05m at 8.82 g/t gold and 35.5m at 13.03 g/t gold. A third drill rig accelerates the 15,000m program, aiming to convert inferred ounces, support the Feasibility Study, and target 100,000 oz/year production by 2028. Drilling continues, with results expected in November.
Silver Dollar Resources Inc. closed a $5.9 million brokered private placement at $0.35 per unit, issuing units with shares and warrants exercisable at $0.45 until 2028. Proceeds fund exploration at La Joya Silver Project in Mexico and Ranger-Page in Idaho, plus working capital. Eric Sprott acquired $1M in units, boosting his stake to 17.5% non-diluted.
Vizsla Silver Corp. (TSX: VZLA) held its AGM on Oct 2, 2025, approving all resolutions: seven directors elected (90-99% support), MNP LLP re-appointed as auditor, omnibus equity plan, and articles altered. 52.63% shares voted. Auditor changed to Deloitte LLP effective Oct 3 for growth; no prior audit issues.
Almaden Minerals Ltd. appointed Douglas McDonald as President and CEO, with Morgan Poliquin named Vice Chair. McDonald, with Almaden since 2014, brings over 25 years of experience in resources and trade policy, previously serving as Vice President at Salman Partners and a Canadian Foreign Service officer. He holds degrees from UBC in commerce and mineral economics.
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.
Minera Alamos Inc. (TSXV:MAI) completes acquisition of Equinox Gold’s Pan Gold Mine and Nevada projects for $88M cash + 96.8M shares, funded by C$135M subscription receipt offering. Appoints Jason Kosec as Chairman; Kevin Small steps down as director but remains EVP. Secures $25M gold prepay with Auramet for operations and bonding.
GR Silver Mining Ltd. appoints Daniel Schieber as VP of Corporate Development & Corporate Relations to strengthen shareholder ties and drive marketing strategy under CEO Marcio Fonseca. With 20+ years in mining finance, Schieber raised $350M+ and led the company’s recent recapitalization. The move bolsters Plomosas Project advancement in a robust silver market.
Southern Empire Resources Corp. will acquire a 100% interest in the 1,750-hectare Pedro Gold Project in Durango, Mexico, from Enduro Metals Corporation by issuing 2,000,000 shares and a $2,000,000 milestone payment upon commercial production. Enduro retains a 2% NSR royalty. The project features a 4,000m x 1,000m gold-in-soil anomaly, with historical drilling yielding up to 0.577 g Au/t over 15.23m. TSX-V approval is pending.
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