Avino Silver & Gold Mines Ltd. held its 2025 AGM, with all resolutions passed. Shareholders approved a five-director board, elected Michael Clark as a new director, and appointed Ronald Andrews as Chairman. Deloitte LLP was appointed as auditor. Avino filed a US$100 million base shelf prospectus, enabling future securities offerings over 25 months.
Prime Mining Corp. has selected Ausenco to conduct a Preliminary Economic Assessment (PEA) for its Los Reyes gold-silver project in Mexico, targeting completion in Q3 2025. The PEA will leverage extensive drilling and technical work, aiming for a high-return, low-capital project. Prime will continue exploration to expand resources and engage local communities.
Coeur Mining, Inc. announced a $75 million share repurchase program, effective through May 31, 2026, to enhance shareholder value. The decision reflects confidence in strong free cash flow from higher metal prices, the Las Chispas mine acquisition, Rochester mine expansion, and consistent operations. Repurchases will occur opportunistically, balancing debt reduction and reinvestment in growth opportunities.
IMPACT Silver Corp. reported Q1 2025 revenue of $10.7 million, doubling from $5.3 million in Q1 2024, driven by Plomosas mine production and higher commodity prices. EBITDA improved to $1.0 million from a $3.6 million loss, with a reduced net loss of $0.1 million. Zacualpan processed 35,012 tonnes, up 10%, and Plomosas hit 159 tpd, targeting 200 tpd in 2025.
Canuc Resources Corporation (TSXV: CDA) appoints Kevin Olson, a seasoned oil and gas industry expert, to its Board of Directors. Olson’s extensive experience and network will support Canuc’s expansion in West Texas natural gas assets. The company also announces Paul Davis’s resignation from the Board, thanking him for his service. Canuc focuses on resource development and cash flow generation.
Riverside Resources Inc. and Blue Jay Gold Corp. completed a plan of arrangement on May 22, 2025, spinning out Blue Jay shares to Riverside shareholders. Each Riverside shareholder received one new Riverside share and 1/5th of a Blue Jay share per Riverside share held. Blue Jay, focused on gold exploration in Canada, will apply for TSXV listing, aiming to unlock value through its high-grade projects.
Kootenay Silver Inc. is finalizing the maiden Mineral Resource Estimate for its Columba High Grade Silver Project in Chihuahua, Mexico, based on 211 drill holes totaling over 53,000 meters. The estimate, covering four main vein trends, is expected soon, with a follow-up 20,000–30,000-meter drilling program planned. Columba’s high-grade silver system remains open for further exploration.
Hecla Mining Company (NYSE:HL) has appointed Dean Gehring to its Board of Directors, effective May 22, 2025. Gehring, with 34 years of mining industry experience, including executive roles at Newmont and Rio Tinto Minerals, brings technological expertise. A former intern at Hecla’s Lucky Friday mine, he holds degrees from the University of Idaho and the University of Aberdeen.
Questcorp Mining Inc. issued 6,285,722 common shares (9.9% of outstanding shares) and paid $25,000 CAD to Riverside Resources Inc., per an option agreement dated May 5, 2025, for the La Union Project in Sonora, Mexico. This 2,520.2-hectare carbonate replacement deposit shows high-grade polymetallic mineralization. Riverside is planning geophysical surveys to enhance drill targets.
Riverside Resources Inc. (TSXV: RRI) announced that Questcorp Mining Inc. has issued 6,285,722 shares (9.9% of Questcorp) and paid $25,000 CAD as part of an option agreement for the Union Project in Sonora, Mexico. Riverside, as operator, is advancing pre-drilling work, including geophysical surveys and contractor selection, to refine drill targets in the prospective gold-silver-lead-zinc-copper CRD system.
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