SilverCrest Metals Inc. is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica (“COFECE”) with respect to the Company’s plan of arrangement with Coeur Mining, Inc. whereby Coeur will indirectly, among other things, acquire all of the issued and outstanding SilverCrest shares.
Colibri Resource Corporation wishes to provide supplemental disclosure in respect of its proposed private placement announced on January 17, 2025. As originally disclosed, the Company intends to conduct a non-brokered private placement of up to 10,000,000 units at a price of $0.025 for gross proceeds of up to $250,000.
Defiance Silver Corp. (Jan 31, 2025) filed an amended NI 43-101 technical report for its 100% owned Tepal Gold-Copper Project in Michoacán, Mexico. Amendments: changes to Mineral Resource Estimate table columns and minor notes edits. No changes to resource estimates; replaces original report (Nov 29, 2024).
Apollo Silver reported the results of its January 30, 2025 Annual General and Special Meeting: shareholders elected all five directors, re-appointed Davidson & Company LLP as auditors, and approved the new Omnibus Incentive Plan. Voting tallies showed strong support for directors and auditors, with about 81.6 % in favor of the incentive plan.
Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During the fourth quarter of 2024, Santacruz continued to deliver steady operational performance, processing 493,141 tonnes of ore and producing 4,710,013 silver equivalent ounces. Silver production rose by 3% compared to the previous quarter, reaching 1,761,686 ounces.”
Guanajuato Silver filed an NI 43-101 technical report on January 30, 2025, for El Cubo mine’s updated MRE (effective August 1, 2024): Indicated 3.9 Moz AgEq (429kt at 283.9 g/t); Inferred 35.6 Moz AgEq (3,711kt at 298.5 g/t), up 85% from prior. Drilling to upgrade resources started January 2025.
Reyna Silver Corp. is pleased to announce a non-brokered private placement consisting of up to 40,000,000 units at CAD$0.075 per Unit for gross proceeds of up to CAD$3,000,000.
Xali Gold has signed a definitive 5+5-year agreement with Remedioambiente S.A. de C.V. (led by Keith Piggott) to begin underground test mining and recovery work on the historic El Oro gold-silver project in Mexico, targeting material above the 2400 m level.
Pinnacle Silver and Gold Corp. updated on January 29, 2025, its proposed acquisition of up to 100% El Potrero gold-silver project (Mexico), with 2% NSR. Definitive agreement deadline extended to February 21, 2025. Due diligence complete, NI 43-101 report suitable, title opinion revised. Closing expected mid-February pending TSXV approval.
“Delivering silver production of nearly 19 million ounces in 2024 is a testament to the quality and resilience of the Juanicipio project and the quality of the team’s execution,” said George Paspalas, MAG Silver’s President and CEO.
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