Discovery Silver Corp. reported Q3 2025 net earnings of $42.4M ($0.05/share), up from Q3 2024 loss; gold production 63,154 oz at $1,339/oz cash costs, $1,734/oz AISC. Free cash flow $86.8M; cash at $341.5M. New $250M credit facility; positive exploration at Porcupine.
Fuerte Metals appointed Chris Beer as Board Chair, Dawson Proudfoot, and Sandip Rana as directors; Amber Schaefer as Corporate Secretary. Granted 6.975M options and 2.6M bonus shares. Advancing Coffee Gold project (3M oz M&I resource) toward 2027 construction, respecting First Nations territories.
Mexican Gold acquired 100% interest in Chesapeake’s Tatatila Project (3,824 ha) in Veracruz, Mexico, adjoining Las Minas, for 4.45M shares ($222K value, 14.99% stake) and 1.5% NSR royalty (0.5% buy-back at US$500K). Shares subject to hold periods and 2.5-year lock-up; pending TSXV approval.
Silver Tiger Metals announced a C$40M bought deal offering of 54.8M shares at C$0.73 each, led by BMO and Stifel. Underwriters have 15% over-allotment option. Proceeds for El Tigre project exploration/development and corporate purposes. Closing ~Nov 26, 2025.
Silver Spruce signed an amending agreement to acquire Colibri’s 50% interest in the Jackie Au-Ag Project in Sonora, Mexico, for 166,667 shares at $0.15 each and 1% NSR royalty, gaining 100% ownership. Plans include environmental permitting, fieldwork, trenching, and initial drilling on high-grade epithermal targets.
Chesapeake Gold Corp. completed the sale of its Tatatila gold-copper project in Mexico to Mexican Gold Mining Corp., receiving 4,451,361 shares (14.99% stake) and a 1.5% NSR royalty. Shares are locked up for 2.5 years; an early warning report will be filed on SEDAR+.
Pan American Silver Corp. reported Q3 2025 record attributable revenue of $884.4M, net earnings of $169.2M ($0.45/share), and free cash flow of $251.7M. Acquired MAG Silver, adding Juanicipio; raised 2025 silver guidance to 22-22.5M oz. Dividend increased to $0.14/share.
Questcorp Mining Inc. completed Phase 1 drilling at La Union gold-silver project in Mexico: 12 core holes totaling >1,600m across six targets. Over 700 samples shipped for assays. Riverside Resources operated; results to inform Phase 2 in H1 2026.
Riverside Resources completed Phase 1 drilling at its Union Project in Sonora, Mexico: 12 holes totaling over 1,600m across six targets (Union Mine, Famosa, etc.). Funded by partner Questcorp; over 700 samples shipped for assays. Results to guide Phase 2 exploration in H1 2026.
Silver Dollar Resources discovered the North Canyon zone at its Nora property in Durango, Mexico, 1,500m north of the Candy mine. Channel sampling returned 162 g/t AgEq over 12.48m. A 3-year drill permit has been received to advance exploration.
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