Year: 2025

Apollo Silver Corp. signed an investor relations agreement with Matthews Investments in Vancouver, effective July 14, 2025. Matthews will provide IR services for C$7,000/month for an initial three-month term, renewable quarterly. Led by IR expert Richard Matthews, the firm holds no Apollo securities but may participate in future financings. The agreement awaits TSX Venture Exchange approval.

USAC expanded antimony supply efforts for its Thompson Falls, Montana, and Madero, Mexico smelters. In Alaska, USAC controls 23,800 acres, targeting antimony at Mohawk Mine and Stibnite Creek. Bolivia and Chad contracts will deliver 10 and 80 metric tons, respectively, starting August. Montana operations resumed with 1,200 acres acquired. Canadian supply increased 121% to 857 tons.

Mako Mining Corp. reported Q2 2025 production results for its San Albino gold mine in Nicaragua, Moss Mine in Arizona, and updates on the Eagle Mountain project in Guyana. San Albino mined 54,354 tonnes, yielding 10,911 oz gold and 12,491 oz silver. Total gold sales reached 11,476 oz, generating $38.1 million in revenue. Cash balance increased to $28.6 million.

Major Drilling Group reported fiscal 2025 revenue of $727.6 million, up 3% from $706.7 million, with Q4 revenue at $187.5 million, up 12%. EBITDA fell to $101.3 million from $120.5 million. The Explomin acquisition boosted South American presence. Capital expenditures were $72.5 million, preparing for fiscal 2026 growth. The company achieved a record-low TRIFR of 0.74.

Silver Viper Minerals Corp. closed a $3.6M private placement, issuing 11,993,149 units at $0.30 each, raising $3,484,161. Each unit includes one share and half a warrant, exercisable at $0.50 for 24 months. Proceeds will fund drilling at La Virginia and general corporate purposes. Eric Sprott increased his stake to 7.3% non-diluted, 10.6% fully diluted. Insiders subscribed for 616,667 units.

Orogen Royalties Inc. re-lists on TSX Venture Exchange (OGN) after a plan of arrangement with Triple Flag Precious Metals Corp., which included a $10M private placement. Orogen focuses on organic royalty generation, leveraging its Ermitaño 2% NSR gold-silver royalty in Mexico and other assets. Profitable since 2021, debt-free, with $17M cash, Orogen anticipates $40M in partner-funded exploration in 2025.

Endeavour Silver Corp. announced an at-the-market equity offering to sell up to US $60 million of its common shares through a sales agreement with financial agents over about 24 months. Shares will be sold at prevailing market prices on the NYSE (not Canada). Net proceeds may fund development at Pitarrilla and Parral, support Terronera’s ramp-up, explore or acquire assets, and provide working capital.

Mithril Silver and Gold Limited (TSXV:MSG, ASX:MTH) announced a C$11.5M private placement, issuing up to 31,944,700 shares at C$0.36 each to fund exploration at its Copalquin project in Mexico. The placement, led by Ventum Financial Corp., has strong demand from institutional investors. Proceeds will accelerate drilling and exploration, with closing expected on July 24, 2025, pending regulatory approval.

Starcore International Mines Ltd. signed a non-binding Letter of Intent to lease the San Juan Nepomuceno (Tortilla Project) in Queretaro, Mexico, for 10 years. The project includes a historical mine with no production records but significant potential. Starcore will pay MX$5,000,000 (~US$268,500) over six months, with a 2% NSR to the owner post-payments. The owner may sell the claims for US$7,000,000 during the lease.