“Our Q1 production results highlight the strength of our operations and our focus on consistent, efficient performance,” said Dan Dickson, Chief Executive Officer. “This steady momentum lays a solid foundation for the quarters ahead, as we sharpen our operational focus and prepare to bring Terronera into production.”
GoGold Resources Inc. reported Q2 production (quarter ending March 31, 2025) at its Parral project of 555,479 silver equivalent ounces, including 210,289 silver ounces, 3,279 gold ounces, 117 tonnes copper, and 157 tonnes zinc. This is slightly up from 551,337 AgEq oz in the prior quarter, generating strong cash flow to fund exploration at Los Ricos.
First Majestic Silver produced 7.7 million silver-equivalent (AgEq) ounces in Q1 2025, a 49% year-over-year increase, including a record 3.7 million silver ounces (up 88%) along with gold, zinc and lead. Stronger output was driven by higher silver production and contributions from Cerro Los Gatos and improved results at San Dimas.
Miguel Aramburu, Chair of the Board, commented: “Alpayana continues to offer an inadequate price that undervalues Sierra Metals and does not reflect full and fair value for the Common Shares of the Company.”
Gold Resource Corporation reported 2024 year-end results: its Don David Gold Mine in Oaxaca faced lower production due to low-grade ore, equipment issues and a wet season, yielding 18,580 gold equivalent ounces sold with high costs. Cash fell to $1.6 M and working capital to $2.1 M. The company is planning mining and mill upgrades to boost output and cash flow.
Endeavour Silver Corp. is pleased to announce the completion of its prospectus offering announced on April 1, 2025 for the issuance of a total of 11,600,000 common shares at a price of US$3.88 per Common Share for aggregate gross proceeds of US$45,008,000.
Gold Resource Corporation said it will host a conference call on April 9, 2025 at 12:00 p.m. ET to discuss its 2024 year-end results, with prepared remarks from its CEO, COO and CFO and a live Q&A. The call will be recorded and posted on the company’s website afterward.
This press release rectifies the version of the press release issued by Defiance Silver on April 7, 2025 at 1:00am EST in order to correct a typing error. Under the terms of the LOI, Defiance proposes to issue 4,954,613 Defiance Shares of Defiance at a price of C$0.255 per share and not C$0.0255 as announced previously.
Fortune Bay Corp. is pleased to announce that it intends to increase the non-brokered private placement previously announced on April 2, 2025, to aggregate gross proceeds of up to $3,000,000. The Company intends to issue up to 9,375,000 units.
Fortune Bay Corp. said it plans to increase its non-brokered private placement to raise up to approximately C$3.0 million through issuance of units at C$0.32 per unit. Proceeds are intended to advance its Canadian and Mexican projects and support general corporate purposes. The offering is subject to TSX Venture Exchange approval.
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