Inomin Mines (TSXV: MINE) closed the sale of its Mexican subsidiary (holding La Gitana and Peña Blanca gold-silver projects) to Calu Royalty for $350,000 cash: $200,000 received, final $150,000 due within 6 months or upon title transfer. Transaction is arm’s length.
Santacruz Silver (TSXV: SCZ) Q3 2025: revenue $80M (+2% YoY), gross profit $20.2M (+28%), net income $16.3M, adjusted EBITDA $19.5M (+67%). Produced 3.42M AgEq oz (+30% YoY); paid off Glencore liability. Cash $40M, working capital $69M (+186% YoY). AISC $35.62/oz.
Minaurum Gold Inc. (TSXV: MGG) completed its 10,000 m Phase I infill drill program at the Alamos Silver Project (Mexico) and has begun a 25,000 m Phase II resource-expansion program. An inaugural resource estimate (covering only 3 of 13 high-grade vein zones) is expected soon, targeting a major update in 2026.
IMPACT Silver reported Q3 2025 results with revenue of $10.7 M, up 24% from Q3 2024, driven by higher silver prices. Net loss improved to $0.6 M from $3.1 M, and year-to-date mine operating income before amortization was $5.6 M vs a loss last year. Cash and working capital rose significantly. Operations at Zacualpan and Plomosas both showed increased production and revenue.
GoGold Resources Inc. closed a C$144 million bought deal financing by selling 54,245,500 units at C$2.65 each, including overallotment. Proceeds will fund exploration and development at its Los Ricos projects in Mexico and general corporate needs. Each unit includes one share plus half a warrant exercisable at C$3.50 for three years. BMO Capital Markets led the deal.
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