IMPACT Silver (TSXV:IPT) reported high-grade zinc intercepts from underground drilling at the Juarez Zone, Plomosas mine, Mexico. Highlights include 2.15m at 22.1% Zn, 3.3% Pb, 19 g/t Ag and 1.15m at 28.1% Zn, 4.1% Pb, 22 g/t Ag. All intercepts outside existing resources; zone remains open. Two drills active on near-mine extensions.
Alamos Gold declared a quarterly dividend of US$0.025 per share, payable December 18, 2025 (record date December 4). In November, it repurchased 928,729 shares for $28.8M. YTD 2025, $81M returned to shareholders via dividends and buybacks. A 1% discount DRIP is available.
Vizsla Silver priced a US$250M (upsized to US$300M at closing) 5.00% convertible senior notes offering due 2031. Conversion rate: 171.3062 shares per US$1,000 (~US$5.84/share, 25% premium). Net proceeds fund Panuco project development, exploration, acquisitions, and general purposes; includes capped calls to reduce dilution.
Torex Gold (TSX:TXG) renewed its NCIB, approved by TSX to repurchase up to 8,133,430 common shares (10% of public float) from Nov 21, 2025 to Nov 20, 2026. Purchases will be made on open market; all acquired shares cancelled. Program aims to return capital to shareholders.
Vizsla Silver Corp. (TSX: VZLA | NYSE: VZLA) announced a proposed US$250M (upsizable to US$300M) offering of convertible senior unsecured notes due 2031. Net proceeds will fund exploration and development at the Panuco silver project, potential acquisitions, and general corporate purposes. A portion will finance cash-settled capped calls to reduce potential dilution upon conversion. Terms including interest rate and conversion rate to be set at pricing.
GR Silver Mining (TSXV: GRSL) reported step-out drill results from San Marcial, Plomosas Project, Mexico. Hole SMS25-12 extended high-grade silver mineralization 75m below the current resource, intersecting 5.0m @ 232 g/t Ag (incl. 0.9m @ 956 g/t Ag and 0.2m @ 2,602 g/t Ag) plus 8.8m @ 121 g/t Ag. Mineralization remains open at depth; further expansion drilling planned for H1 2026.
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.
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