Year: 2025

Mako Mining Intersects 2.93 g/t Gold over 15.4 metres (ETW) at Eagle Mountain and 3.73 g/t Au over 31.5 m at the Salbora Deposit as Part of a Geotechnical Drill Program

Akiba Leisman, CEO of Mako states “these drilling and channel sample results were taken as part of a geotechnical drilling program to finalize engineering parameters and site infrastructure layout selection in preparation for submitting our environmental permit application later this year. The grades and widths received from this program are matching or exceeding those defined in the resource model from the 2024 PEA, which showed an after-tax NPV 5% of US$ 292 million at US$1,850 gold.”

Torex Gold Provides Q4 2024 Update on Media Luna Project

Jody Kuzenko, President & CEO of Torex, stated: “The Media Luna Project is now in its final months, sitting at 94% complete as of the end of 2024. We are well on track to complete the project and produce first copper concentrate by the end of Q1 2025, with engineering concluded, procurement substantially complete, underground development tracking well ahead of schedule, and surface construction advancing per plan.”

Kingsmen Resources Continued High Grade Silver in Sampling Expands Drill Targets

Kingsmen Resources reported that continued high-grade silver sampling at its 100 %-owned Las Coloradas project in Chihuahua, Mexico shows mineralization across the full strike of the Soledad and Soledad II structures. The company also identified a new drill target area (DBD) between historic workings, boosting confidence ahead of its planned drilling.

First Majestic Reports Exploration Success for Navidad at Santa Elena

“The success at Santa Elena continues,” stated Keith Neumeyer, President & CEO of First Majestic. “The exploration program at Navidad during H2 successfully expanded the high-grade gold and silver mineralization of the Navidad discovery, extending mineralization closer to the Ermitaño mine infrastructure.”

Fuerte Metals Long Term Incentive Grants

Fuerte Metals granted 737,500 stock options (exercisable at $0.91 until Feb 3, 2030) and 225,000 Restricted Share Units to directors, officers, and employees under its long-term incentive plan. The RSUs vest in equal parts over three years, aligning management and team with the company’s growth goals.

Discovery Announces Completion of C$247.5 Million Bought Deal Public Offering of Subscription Receipts

Discovery Silver Corp. today reported that the Company has closed the bought deal public offering of subscription receipts previously announced on January 27, 2025. Pursuant to the Offering, the Company has issued an aggregate of 275,000,000 Subscription Receipts at an issue price of C$0.90 per Subscription Receipt, for gross proceeds of C$247,500,000, which includes 25,000,000 Subscription Receipts issued pursuant to the exercise, in full, of the over-allotment option granted to the Underwriters in connection with the Offering.

Silver Storm Closes Additional Tranche of Its Non-Brokered Private Placement Offering Including Participation by First Majestic Silver Corp.

Silver Storm Mining Ltd. is pleased to announce that on January 30, 2025, the Company closed an additional tranche of the non-brokered private placement offering of units previously announced on December 5, 2024. Under this Tranche of the Offering, 23,951,999 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $2,155,680.

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