DynaResource (OTCQX: DYNR) installs three Falcon gravity concentrators at San Jose de Gracia plant in Mexico, creating primary gravity gold circuit to boost recoveries from 75% to >80%. Units commissioned; ramp-up to design capacity by Oct end, with Sepro assistance for optimization.
Apollo Silver Corp. (TSX.V: APGO; OTCQB: APGOF) closes first tranche of upsized private placement, raising $25.1M via 6.98M units at $3.60 (1 share + warrant at $5.50/24mo, accel at $7.50). Total $26.8M expected. Proceeds for Calico (CA) advancement, Cinco de Mayo (MX) relations, maintenance, G&A. TSXV approval pending.
Silver Storm Mining Ltd. (TSX.V: SVRS) changed auditors from Dale Matheson Carr-Hilton Labonte LLP to BDO Canada LLP, effective October 13, 2025. Board appointed successor October 21. No reservations in prior reports or reportable events. Notice and letters reviewed by audit committee and filed on SEDAR+.
Prime Mining (TSX: PRYM; OTCQX: PRMNF) completes arrangement with Torex Gold; Torex acquires all shares at 0.06 Torex share per Prime share. Shares to delist from TSX, OTCQX, Frankfurt; apply to cease reporting issuer. Details in Aug. 25 circular; contact Computershare for consideration.
Silverco Mining Ltd. (formerly Quetzal Copper Corp.) announces its shares will begin trading on TSX Venture Exchange as “SICO” on October 23, 2025, post-reverse takeover. It owns the past-producing Cusi silver-lead-zinc-gold mine in Mexico; name change pending due to labour dispute.
Sonoro Gold Corp. closed its oversubscribed non-brokered private placement, raising CAD $4.1M via 20.5M units at $0.20 each (one share + three-year warrant at $0.28). Insiders subscribed ~$401K. Proceeds fund Cerro Caliche gold project (updated PEA, 100% ownership, permits) and San Marcial spin-off into Oronos Gold Corp.
Alamos Gold closed the sale of its option to earn 100% in the Quartz Mountain Gold Project to Q-Gold Resources for up to $21M (initial $2.85M cash + 9.99% equity stake; remaining up to $18.15M in guaranteed/milestone payments) plus ongoing equity interest.
Torex Gold (TSX: TXG; OTCQX: TORXF) completes acquisition of Prime Mining via arrangement, adding Los Reyes Au-Ag project in Mexico (Indicated: 1.5Moz Au, 54Moz Ag; Inferred: 538koz Au, 21.6Moz Ag). Prime shareholders receive 0.06 Torex shares each (~10.2M total); Prime to delist. PEA targeted mid-2026.
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.
Questcorp Mining Inc. revised its non-brokered private placement on October 21, 2025, offering up to 23,333,334 units at C$0.15 each for gross proceeds of up to C$3.5M. Each unit: 1 share + ½ warrant (exercise C$0.20 for 24 months, accelerable at C$0.50 for 10 days). Proceeds fund La Union (Mexico) and North Island Copper exploration plus working capital. UK investor participation expected; subject to approvals.
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