Category: Investor’s Corner

Pacifica Silver Closes $1.0 Million Private Placement Financing

Pacifica Silver Corp. closed a C$1.0 million private placement, issuing 2 million units at C$0.50 each. Each unit includes one common share and ½ warrant exercisable at C$0.80 for three years. Proceeds will be used for exploration and drilling at the Claudia Silver-Gold Project in Durango, Mexico, and for general working capital.

Pinnacle Increases Non-Brokered Private Placement

Pinnacle Silver and Gold Corp. increased its non-brokered private placement to C$1.65M (from C$1M) on August 5, 2025, offering up to 27.5M units at C$0.06 each (1 share + ½ warrant exercisable at C$0.10 for 24 months). Finder’s fees payable. Proceeds advance El Potrero gold-silver project and working capital. Subject to TSXV approval.

Orla Mining Provides Initial Update on Pit Wall Event at Camino Rojo

Orla Mining Ltd. reported an uncontrolled material movement of approximately 390,000 tonnes on the temporary north wall at its Camino Rojo Oxide Mine in Mexico on July 23, 2025. No injuries or environmental damage occurred. Mining operations are suspended for geotechnical assessments, expected to conclude within a week, with remediation to follow. The company will process stockpile material (2,243,000 tonnes at 0.32 g/t gold) to maintain production. Updates on full-year guidance are pending.

Mammoth Announces Closing First Tranche $545,548 of its Previously Announced, Upsized $980,000 Private Placement

Mammoth Resources Corp. received TSX Venture Exchange approval for a first tranche closing of 21,821,902 units at $0.025 each, raising $545,548. Each unit includes one common share and one-half warrant, exercisable at $0.05 for 18 months. The funds are part of an upsized private placement targeting up to $980,000. Mammoth focuses on its 100%-owned Tenoriba gold property in Mexico.

Fresnillo Second Quarter Production Report for the Three Months Ended 30 June 2025

Fresnillo plc reported robust Q2 2025 production with 12.5 moz of attributable silver (up 1.0% vs. Q1 2025, down 14.7% vs. Q2 2024) and 157.7 koz of gold (up 1.0% vs. Q1 2025, up 21.3% vs. Q2 2024). Strong performance at Herradura drove gold output, while silver was impacted by lower grades and Silverstream. The company maintains its 2025 guidance.

MAG Announces Second Quarter 2025 Production From Juanicipio

MAG Silver Corp. reported Q2 2025 production from Juanicipio (56% MAG, 44% Fresnillo), processing 343,000 tonnes of ore, with silver grades at 417 g/t and production of 4.3 million silver ounces and 10,465 gold ounces. Lead and zinc output rose 9% and 21%, respectively. A tragic fatality in July prompted a safety review. Full-year guidance remains on track, with comprehensive results due August 11, 2025.

Pinnacle Clarifies Previous News Release

Pinnacle Silver and Gold Corp. issued a clarification on July 22, 2025, at CIRO’s request, detailing high-grade underground sampling at El Potrero’s Pinos Cuates mine: up to 85.1 g/t Au and 520 g/t Ag over 0.5m, with composites including 50.3 g/t Au over 1.7m. Plans underground drilling.

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