Category: Investor’s Corner

Commenting on this update, Mr. John C. Gustavsen, President of the Antimony Division of the Company, stated, “We have a great seasoned working team assembled who are excited to complete the refurbishing of the Madero Smelter. We have already rehired field personnel who are crucial in achieving our work program objectives. We anticipate being fully prepared when our first international shipments begin arriving in early March.”

Goldgroup Mining Inc. closed a non-brokered private placement on January 21, 2025, raising CAD $3.5M by issuing 35M units at $0.10 each (one share + ½ warrant exercisable at $0.15 until 2027). Proceeds for Cerro Prieto project advancement, working capital, debt reduction; subject to TSXV approval.

Zacatecas Silver Corp. announced the appointment of Mr. Eric Vanderleeuw as Director. Mr. Vanderleeuw brings extensive expertise in capital markets to the Company, having facilitated the successful raising of over $100 million for venture initiatives throughout his consulting career.

Capitan Silver Corp. announced a non-brokered private placement to raise up to C$4.2 million, issuing 10.5 million units at C$0.40 each (one share + one warrant at C$0.50 for 12 months, with acceleration). Jupiter Gold & Silver Fund to invest in 8.375 million units. Proceeds for Cruz de Plata exploration, consolidation, and working capital.

“We are confident in our 2025 production and cost guidance as it reflects both our focus on maximizing gold output and maintaining prudent cost controls,” said Rohan Hazelton, CEO of DynaResource.

Avino Silver & Gold Mines Ltd. a long-standing silver producer in Mexico , achieved fourth quarter production totaled 735,557 silver equivalent ounces, and full year 2024 production results of 2.65 million silver equivalent ounces.

Fortuna Mining Corp. reported record 2024 production: 369,637 oz gold, 3.7M oz silver, and 455,958 Au Eq oz, in line with guidance low end. Highlights include strong performance at Séguéla and Yaramoko. 2025 guidance: 334-373 koz gold, 0.9-1.0 Moz silver, 380-422 koz Au Eq; AISC $1,550-1,680/oz Au Eq, reflecting San Jose sale impact.

John MacKenzie, CEO of Capstone, commented, “The fourth quarter was an overall record for Capstone’s consolidated copper production, with our output up 14% and unit costs down approximately 9% quarter-over-quarter. Although total 2024 consolidated copper production of 184,458 tonnes finished slightly below our guidance range, largely attributable to ramp-up delays at Mantos Blancos and Mantoverde, we exited the year close to design production levels.”

Vizsla Silver Corp. announced on January 20, 2025, resumption of limited operations at its Panuco silver-gold project in Mexico to advance test mine and feasibility study, following an accident investigation and safety measures. Exploration activities expected to restart within the next week; employee safety prioritized.