Year: 2025

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.

Discovery Silver (TSX: DSV, OTCQX: DSVSF) appointed Raymond Yip as CIO, Kara Byrnes as VP Exploration & Geology – Porcupine, Gerry Stinson as VP Environment – Porcupine (promoted), and Amanda Kasner as VP Business Optimization. All join from Agnico Eagle/Kirkland Lake Gold with deep expertise in IT, exploration, environment, and finance/strategy. SVP Finance Andreas L’Abbé has departed.

Silverco Mining (TSXV: SICO) engaged SGS to update the 2020 historical MRE at its 100%-owned Cusi silver project in Mexico. Update incorporates ~11,500m new drilling (2024+2025), adds San Miguel vein system (e.g. 7.5m @ 364 g/t AgEq), accounts for ~900kt depletion, tightens estimation parameters, and uses current economics. Updated NI 43-101 resource expected this quarter. Also engaged Capital Analytica for $150k marketing services.

Santacruz Silver Mining Ltd. appoints Bruce Wolfson, with 40+ years in international finance, law, and emerging markets in Latin America and Asia, to its board effective November 17, 2025. Roland Löhner will step down after the November 25 AGM, following over a decade of service.

Radius Gold (TSXV: RDU) appointed Alejandro Ly as VP Exploration. Ly, key in discovering Barrick’s 15+Moz Goldrush deposit, brings 25+ years of Americas experience. He will lead technical efforts, prioritize advancing Tierra Roja copper-gold project in Peru, and expand pipeline. Drilling fully prepared but awaiting final administrative access waiver on federal land.