Oroco Resources Corp. upsized its bought deal financing to C$20.0 million, issuing 52,631,600 units at C$0.38 each (one share + half warrant exercisable at C$0.53 for 36 months). Led by Canaccord Genuity; over-allotment option could add C$3.0M (total C$23M). Proceeds fund Santo Tomás copper project PFS drilling, permitting, and working capital. Closing ~Jan 14, 2026.
Heliostar Metals produced 34,098 GEOs in 2025 (32,990 oz gold, 80,527 oz silver) from La Colorada and San Agustin mines, achieving full-year guidance of 31,000-41,000 GEOs. Cash grew to US$41M with zero debt, positioning for 2026 production growth and Ana Paula feasibility study.
Oroco Resources Corp. announced a C$15.0 million bought deal financing, issuing 39,474,000 units at C$0.38 each (one share + half warrant exercisable at C$0.53 for 36 months). Led by Canaccord Genuity; over-allotment option for additional C$2.25M (total up to C$17.25M). Proceeds fund PFS drilling, permitting at Santo Tomás copper project, and working capital. Closing ~Jan 14, 2026. (Note: Subsequently upsized to C$20M.)
Silverco Mining Ltd. completed dewatering at Promontorio (Cusi Project, Mexico), enabling underground access for mine restart. Rehabilitation underway (ramp scaling, ground support, infrastructure). Restart Study advancing (Q1 2026 completion); metallurgical tests nearing end; 2025 drill results expected early Q1 2026.
Capitan Silver Corp. (TSXV: CAPT) closed a C$6M investment from Schroders, issuing 2,955,665 shares at C$2.03 each. Combined with a prior C$23M offering, total December 2025 raises reached ~C$29M. Funds will support exploration at the Cruz de Plata silver-gold project in Mexico.
Southern Silver Exploration Corp. (TSXV: SSV) reported drill results from Cerro Las Minitas in Durango, Mexico, including 10.4m averaging 743g/t AgEq (365g/t Ag, 7.8% Pb, 8.2% Zn) in hole 25CLM-205. This 65m step-out confirms high-grade continuity in skarn and El Sol veins. 6,820m of planned 12,000m drilling completed.
Pinnacle Silver and Gold Corp. (Jan 6, 2026) reported LiDAR survey results at El Potrero gold-silver project (Durango, Mexico), identifying 64 adits, 6 shafts, and 51 pits. Confirmed 1,600m Dos de Mayo vein strike; revealed new structures and targets on both claim blocks, including potential extensions and NE-SW trends near Topia-style mineralization. Adding geological team for follow-up.
Silver Viper Minerals appointed Jeff Couch to its Board of Directors, effective January 6, 2026. Couch is a seasoned capital-markets executive with global mining finance and board experience, currently involved with mining private equity and serving as CEO of other mining companies. His addition aims to strengthen governance and support the company’s growth and Mexican project advancement. Approval by the TSX Venture Exchange is pending.
McEwen Inc. and Canadian Gold Corp. closed their business combination on January 5, 2026. Canadian Gold shareholders received 0.0225 McEwen shares per share. Canadian Gold shares delist from TSX-V on January 7. Focus shifts to advancing Tartan Lake gold project (Manitoba): accelerated exploration, mine planning, permitting, and updated resource by end-February.
Santacruz Silver Mining Ltd. granted 39,000 restricted share units (RSUs) to a director under its Omnibus Equity Incentive Plan. RSUs vest in equal one-third installments annually over three years, each entitling the holder to one common share upon vesting. The grant qualifies as a related party transaction but is exempt from certain regulatory requirements.
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