Day: November 4, 2025

Gold Resource Corporation Reports Financial Results for the Third Quarter of 2025

Gold Resource (NYSE: GORO) Q3 2025: Don David Mine produced 6,298 AuEq oz (1,422 Au, 417k Ag oz). Improvements include new equipment, contractor development in Three Sisters, reduced dilution. Cash costs $2,116/AuEq oz, AISC $2,983. Net loss $4.7M; cash $9.8M. Raised $11.4M equity, paid off loan. Expects positive cash flow.

Kingsmen Resources Announces $3,003,750 Private Placement

Kingsmen Resources Ltd. (TSXV: KNG) announced a non-brokered private placement of up to 2,225,000 units at $1.35 each, aiming to raise $3,003,750. Each unit includes one share and half a warrant (exercisable at $1.90 for two years). Proceeds will advance the Las Coloradas Silver/Gold project in Mexico and support working capital.

All News