Riverside Resources reported H1 2025 exploration progress across its Mexico and Canada portfolios, highlighting priority drill targets at Cuarentas, Ariel and Union in Sonora, progress at Canada’s Deer Park, Revel (REE) and Taft, and ongoing work at Cecilia with Fortuna Mining. The company also advanced partnerships, optioned projects, and prepared for PDAC 2025 presentations.
Alamos Gold declared a quarterly dividend of US$0.025 per common share, payable March 27, 2025, to shareholders of record on March 13, 2025. It qualifies as an eligible dividend for Canadian tax purposes; marks 15 years of consecutive payments.
Aura Minerals’ board declared a US $0.25 per share quarterly dividend (approx. US $18.3 M total) based on Q4 2024 results, to be paid March 14, 2025 to shareholders of record March 6, 2025. Holders of Brazilian Depositary Receipts will receive US $0.0833 per BDR around March 28, 2025. This reflects a 9.2 % trailing 12-month dividend yield including buybacks.
Mr. Randy Reifel, Executive Chairman, commented: “We are excited Justin Black has joined Chesapeake’s technical team to advance the Company’s proprietary sulfide leach technology (Technology) to the next level by testing several refractory sulfide deposits which we believe the Technology can unlock significant economic value. Justin’s experience with the oxidation process will be a great asset in building shareholder value by capitalizing on a wide range of corporate opportunities.”
Vice President of Exploration, Rob Macdonald stated “This recent drilling successfully demonstrates both the lateral and down dip extensions of relatively shallow mineralization around the South Skarn deposit. Similar shallow targets are identified around both the Bocona and North Felsite deposits. Mineralization also remains open at depth, particularly on the eastern side of the Cerro which with further exploration, can continue to add high margin mineralization early in the modelled production scenario.”
Mexican Gold Mining Corp. is pleased to announce it has now closed its previously announced a non-brokered private placement offering for aggregate gross proceeds of CAD $160,000 through the issuance of 4,000,000 units of the Company at a price of $0.04 per Unit.
Pinnacle Silver and Gold Corp. closed on February 25, 2025, a non-brokered private placement raising C$800,000 via 20M units at C$0.04 each (1 share + ½ warrant at C$0.06 for 24 months). Proceeds fund El Potrero exploration, taxes, working capital. Insider participation; related party transaction exempt. Concurrently closed option to acquire 100% El Potrero project.
Pinnacle Silver and Gold Corp. announces that, further to the Company’s news releases dated October 28, 2024, December 10, 2024, January 29, 2025 and February 24, 2025, it has closed its non-brokered private placement and the associated staged option to acquire up to a 100% interest in the Potrero property in Durango, Mexico.
Southern Silver Exploration Corp. announces that it has closed its previously reported non-brokered private placement by issuing 19,909,335 units at a price of $0.18 per unit for gross proceeds of $3,583,680.30.
Southern Empire Resources Corp. has assigned its option on the 600-hectare Centauro Gold Project in Chihuahua, Mexico, to Fortuna Mining Corp.’s subsidiary Monumental Minerals, allowing Fortuna to earn 100% interest. In exchange, Southern Empire receives up to US$975,000 in staged payments, a 1% NSR royalty (with 0.5% buyback option), and issues 400,000 shares to the vendor. Fortuna commits to annual $200,000 exploration spending. TSX-V acceptance pending.
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