Category: Investor’s Corner

Mammoth Resources Advancing Small-Scale Gold-Silver Production At Its Tenoriba Property, Mexico

Richard Simpson, Vice President Exploration of Mammoth Resources commented on the small-scale gold production opportunity, stating: “When we learned of the 200 tonne per day mill being built only 16 kilometres from Tenoriba, we immediately began thinking there might be an opportunity to process some surface and shallow depth gold-silver mineralized material from Tenoriba at this facility.”

Plata Latina Announces Fresnillo to Purchase Naranjillo NSR for $8,610,000

“This purchase is a testament to the success of our exploration discovery at Naranjillo,” commented Letitia Wong, Plata Latina’s President and CEO. “The cash brought in from this deal strengthens our balance sheet and greatly improves our competitiveness as we are actively seeking strategic growth opportunities.”

Riverside Resources Provides Updates on H1 2025 Exploration Programs

“We are excited to see our projects advancing, both through partnerships and our own exploration efforts,” commented John-Mark Staude, CEO of Riverside Resources. “As we attend PDAC in Toronto, we look forward to meeting with industry peers and showcasing our portfolio of gold, copper, silver and rare earth projects.”

Chesapeake Gold Announces Appointment of Chief Metallurgical Officer

Mr. Randy Reifel, Executive Chairman, commented: “We are excited Justin Black has joined Chesapeake’s technical team to advance the Company’s proprietary sulfide leach technology (Technology) to the next level by testing several refractory sulfide deposits which we believe the Technology can unlock significant economic value. Justin’s experience with the oxidation process will be a great asset in building shareholder value by capitalizing on a wide range of corporate opportunities.”

Mexican Gold Announces Non-Brokered Private Placement

Mexican Gold Mining Corp. is pleased to announce it has now closed its previously announced a non-brokered private placement offering for aggregate gross proceeds of CAD $160,000 through the issuance of 4,000,000 units of the Company at a price of $0.04 per Unit.

Southern Silver Closes Non-Brokered Private Placement

Southern Silver Exploration Corp. announces that it has closed its previously reported non-brokered private placement by issuing 19,909,335 units at a price of $0.18 per unit for gross proceeds of $3,583,680.30.

Southern Empire’s Centauro Gold Project Option Transferred to Fortuna Mining

Southern Empire Resources Corp. has assigned its option on the 600-hectare Centauro Gold Project in Chihuahua, Mexico, to Fortuna Mining Corp.’s subsidiary Monumental Minerals, allowing Fortuna to earn 100% interest. In exchange, Southern Empire receives up to US$975,000 in staged payments, a 1% NSR royalty (with 0.5% buyback option), and issues 400,000 shares to the vendor. Fortuna commits to annual $200,000 exploration spending. TSX-V acceptance pending.

Oroco Announces Upsizing of Private Placement

Oroco Resource Corp. is pleased to announce that, further to its news release dated February 12, 2025, it has received $2,303,555.75 in gross proceeds for its oversubscribed private placement of 9,214,223 units of the Company at a price of $0.25 per Unit.

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