Empress Royalty Corp. appoints Brad Breetzke as Business Development Advisor, Africa, drawing on his mining finance expertise from Standard Bank and Anglo American. Christian Algaranaz joins as Business Development Analyst, with dual UBC degrees and CFA pursuit. These hires boost sourcing and evaluation for faster gold/silver portfolio growth.
Apollo Silver Corp. announces a non-brokered private placement of up to 5.8M units at $3.60 each, for $20.88M gross proceeds. Each unit: one share + one warrant ($5.50 exercise/24 months, with acceleration if shares hit $7.50 for 10 days). Proceeds advance Calico and Cinco de Mayo projects, maintenance, and corporate purposes. TSXV approval required.
Capitan Silver’s Cruz de Plata project reveals a vastly expanded mineralized system: silver veins now exceed 20km (up from 7km), wrapping around a key granodiorite intrusion, with all lithologies mineralized. Six new drill-ready targets identified via surface work. Phase 1 drilling upsized 50% to 15,000m (fully funded); assays pending for 38 holes. Geophysical survey underway for Q1 2026.
Chesapeake Gold Corp. has agreed to sell its Tatatila gold-copper skarn project in Mexico to Mexican Gold Mining Corp. for 14.99% of Mexican Gold’s shares and a 1.5% NSR royalty (0.5% repurchasable for US$500K). Shares locked up for 2.5 years; Chesapeake to vote per Mexican Gold instructions. Pending TSXV approval.
Sonoro Gold to update Cerro Caliche PEA by Q1 2026, reflecting higher gold prices/costs and MIA revisions; secured initial 3,908-ha surface rights (expanding 2028). Based on 55km drilling, future campaigns to extend mine life. Considering San Marcial Au-Ag spin-out to Oronos by end-2025 to unlock value without dilution.
US Antimony Corp. (UAMY) received a $10M initial Delivery Order under its $245M five-year sole-source DLA contract for 315,000 lbs antimony ingots to replenish the National Defense Stockpile. FY2025 revenue guidance: $40-50M; 2026: $100M, bolstered by Alaska mining permits and accelerated international procurement. Operates North America’s only antimony smelters.
Sierra Madre Gold and Silver starts underground development at Nazareno mine in La Guitarra complex, delivering 700+ tonnes of mineralized material with grades 40% higher Ag and 30% higher Au than 2023 model. Plans expansion to double plant capacity by Q3 2027; purchased new drill rig; engaged marketing firm for $120K USD.
Fuerte Metals announces CFO Martin Rip’s retirement effective Sept. 30, 2025; VP Finance John Teo appointed Interim CFO. Permanent CFO search underway, with announcement expected soon; Rip to advise ongoing. CEO thanks Rip for key role in Coffee Gold Project acquisition.
Zacatecas Silver Corp. closes over-subscribed C$3.75M private placement (62.5M units at $0.06), backed by strategic mining fund. Proceeds fund 4,000m drill program at high-priority El Cristo and Panuco silver-gold vein systems in Mexico; reviews acquisitions.
Prime Mining Corp.’s securityholders overwhelmingly approved (99.991%) the arrangement for Torex Gold Resources Inc. to acquire all Prime shares. No Torex shareholder vote required. Closing expected Q4 2025, subject to regulatory and court approvals.
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