Torex Gold Resources (TSX:TXG) has received TSX approval to renew its normal course issuer bid (NCIB), allowing the repurchase and cancellation of up to 8,133,430 common shares (approximately 10% of the public float) from November 21, 2025 to November 20, 2026. Purchases will be made on the open market through the TSX or alternative systems, funded from working capital.
Kootenay Silver (TSXV: KTN) announced drill results from the first 7 holes of its 50,000m program at Columba Project, Mexico, revealing high-grade silver intercepts (up to 921 g/t Ag over 0.71m) on D Vein/I Vein plus a new discovery of broad porphyry-style gold zones (e.g., 101m @ 0.18 g/t Au; up to 0.85 g/t Au over 6m) with molybdenite, indicating potential for a separate gold-porphyry system. Drilling continues with plans to add rigs.
Silverco released additional drill assay results from its 2025 Cusi drill program in Chihuahua, Mexico, including standout intercepts like 3.4 m at 425 g/t AgEq and 1.5 m at 764 g/t AgEq, confirming strong high-grade silver-lead-zinc-gold mineralization. The results support continued potential expansion of the Cusi deposit and feed into an upcoming Mineral Resource Estimate update.
Defiance Silver completed a major trenching program at its San Acacio project in Zacatecas, Mexico, sampling 2.1 km of the Veta Grande vein. Results confirm strong surface continuity with highlights up to 5,180 g/t Ag and 4.85 g/t Au, supporting the upcoming mineral resource estimate.
Silver Viper Minerals (TSXV: VIPR, OTCQB: VIPRF) announces a non-brokered private placement to raise up to $12M through 15M units at $0.80 each. Each unit includes one share + one $1.20 warrant (24 months; acceleratable at $1.40 VWAP for 20 days). Proceeds for working capital. Closing ~Dec 10, 2025, subject to TSXV approval; 4-month+1-day hold. Up to 6% finder’s fees payable.
VVC Exploration (TSX-V: VVC, OTC: VVCVF) is exiting the Gloria Copper Project in Chihuahua, Mexico due to high costs, political volatility, safety concerns and permitting uncertainty. The Company will focus mining efforts on the promising Cumeral Gold Project in Sonora (1,665-ha, 4km gold trend with historical high-grade samples) and redirect resources to its helium/natural gas projects in Kansas.
Apollo Silver Corp. (TSX.V: APGO, OTCQB: APGOF) granted 750,000 Restricted Share Units (RSUs) to certain officers and directors under its Omnibus Incentive Plan. The RSUs vest in three equal tranches over 36 months, with each vested RSU convertible into one common share.
Vizsla Silver’s Panuco project Feasibility Study shows US$1.8B after-tax NPV(5%), 111% IRR, and 17.4 Moz AgEq annual production over 9.4 years. Vizsla Royalties (TSXV:VROY) holds key NSR royalties, expecting ~560 koz AgEq/year, with strong early cash flow from high-grade Copala. Production targeted for late 2027.
Luca Mining (TSXV: LUCA, OTCQX: LUCMF) reported strong Q3 2025 results: revenue $35M (+94% YoY), adjusted EBITDA $4.3M, tonnes milled +66%. Campo Morado ZnEq lbs +75%, Tahuehueto AuEq oz +74%. Generated $5.3M YTD net free cash flow pre-WC despite heavy capex. Revised 2025 FCF guidance to $5-10M (from $30-40M) due to lower grades/sequencing and higher development spend; production tracking below original targets but higher grades expected ahead. Capex raised to $29.4M.
GR Silver Mining Ltd. appoints Dr. Cástulo Molina Sotelo as Country Manager, Mexico. With 35+ years in mineral exploration, geology, and project management—including key roles at Coeur Mining and Palmarejo mine—he will advance the company’s 2026 initiatives, especially step-out drilling at the Plomosas Silver Project.
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