Category: Investor’s Corner

Silverco Mining Ltd. (TSXV: SICO) announced on January 20, 2026, a binding letter agreement to acquire Nuevo Silver Inc. and 100% of the producing La Negra Silver Mine in Querétaro, Mexico. The deal includes ~US$8M cash, US$11M debt assumption, and milestone payments, targeting immediate production, cash flow, and 10M oz AgEq annually within 3 years.

Orla Mining exceeded its 2025 gold production guidance, delivering 300,620 oz of gold (above the 265,000–285,000 oz target) — its first time breaking 300,000 oz. The strong quarterly result sets the stage for a catalyst-rich 2026 with robust production guidance and ongoing projects at Musselwhite (Canada) and Camino Rojo (Mexico).

Bear Creek Mining Corporation filed and mailed its meeting materials for a special meeting of securityholders to vote on the proposed plan of arrangement with Highlander Silver Corp. and related interest-deferral agreements. The Board unanimously recommends voting “FOR” the arrangement. Materials are available on the company’s website and SEDAR+.

Luca Mining Corp. achieved its full-year 2025 production guidance with stable output from its Mexican operations, boosted cash to about $25.5 M and cut debt significantly, strengthening its balance sheet. Production included payable gold, silver, zinc, copper and lead at Campo Morado and Tahuehueto. It enters 2026 in a stronger financial position.

Silver Spruce Resources Inc. closed a non-brokered private placement, issuing 976,000 units at $0.10 for $976,000 gross proceeds. Each unit includes one common share and one warrant exercisable at $0.15 for three years. The company also issued 224,400 finder warrants and will use net proceeds for exploration and working capital.

Silver Spruce Resources Inc. granted 2,100,000 stock options to directors, officers, employees, and consultants under its stock option plan. Each option lets the holder buy one common share at $0.30 for five years from the grant date, supporting long-term team alignment and company growth.

Pacifica Silver Corp. increased its brokered private placement to raise up to C$20,010,000 by issuing 13.8 million common shares at C$1.45, with an agent option for an extra 15%. Net proceeds will support exploration and drilling at its Claudia Project in Durango, Mexico, plus working capital and general corporate purposes. The offering is expected to close around January 23, 2026.

Endeavour Silver issued 2026 guidance: 8.3–8.9M oz silver, 46–48K oz gold, 14.6–15.6M oz AgEq. Consolidated cash costs $12–$13/oz Ag (net), AISC $27–$28/oz. Total capex $157.8M; exploration $25.9M. Terronera drives strong gold output and low costs.

Discovery Silver Corp. announced that its Porcupine operations produced 66,718 ounces of gold in Q4 2025, up 6% from the prior quarter due to higher grades and throughput. Post-acquisition (April 2025), total output reached 180,424 ounces, with full-year 2025 production at 234,702 ounces.

DynaResource reported preliminary 2025 results from its San Jose de Gracia Mine, producing 21,393 ounces of gold and completing processing plant optimizations with Falcon gravity units. For 2026 guidance, it forecasts 22,000–24,000 ounces of gold production with cash costs of $1,400–$1,600/oz and AISC of $2,400–$2,600/oz, plus planned $1M–$2M exploration.