“We are very pleased to welcome Enrique back to the Xali Gold team and in the role of Exploration Manager to lead our exploration in Mexico, Peru and other parts of South America,” says Joanne Freeze, Xali Gold President and CEO.
Fortuna Mining Corp. reported Q1 2025 production of 103,459 gold equivalent ounces (91,893 oz gold), down from prior periods due to San Jose’s care and maintenance. Key contributions: Séguéla (38,500 GEOs), Yaramoko (33,073), Lindero (20,320), Caylloma (11,566). Reaffirmed 2025 guidance of 380-422k GEOs; Lindero expansion completed.
“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.”
“Parral has delivered strong stable quarterly production, with expected similar cash flows from the operation as the previous quarter. This cash flow generated from Parral allows us to fund additional exploration at Los Ricos South as we await our anticipated mining permit,” said Brad Langille, President and CEO.
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.”
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.
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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