Pinnacle Silver and Gold Corp. (TSXV: PINN) announced on March 18, 2025, high-grade sampling up to 12.2 g/t gold equivalent at El Potrero project (Durango, Mexico). Fieldwork started: underground sampling and plant cleaning. Historic: 45,561 t @ 8.0 g/t Au, 186 g/t Ag. No modern drilling; strong exploration upside.
Goldgroup Mining Inc. closed the first tranche of a CAD $7.75M non-brokered private placement on March 17, 2025, raising ~$7M via 23.33M units at $0.30 each (one share + ½ warrant at $0.45 until 2027). Eric Sprott invested $6.75M for 22.5M units. Proceeds for mine improvements, PEA update, debt, working capital; subject to TSXV approval.
Fuerte Metals reported diamond drill results at its Cristina Project in Chihuahua, Mexico, including 6.4 g/t AuEq over 1.9 m and 6.2 g/t AuEq over 2.6 m, within broader mineralized zones, helping define high-grade continuity in the Guadalupe and Mexico Libre vein systems and guiding future resource expansion.
Ernesto Balarezo, CEO of Sierra Metals, commented, “I am very pleased to report that the investments we have made in our business units have resulted in record production levels for Sierra Metals. The operational enhancements have strengthened our financial position and will enable the Company to pursue sustainable growth safely and responsibly.”
Mithril Silver and Gold reports high-grade intercepts at Target 1 (La Soledad), Copalquin, Mexico, including 3.35m @ 26.5 g/t Au, 1,046 g/t Ag (MTH-LS25-16) and 3.62m @ 9.62 g/t Au, 55.2 g/t Ag (MTH-LS25-13). Results exceed prior MRE grades; drilling continues for resource update, with 35,000m planned in 2025.
“This quarter represents a return to full production and it is reflected in good earnings from mining operations of $2.1million and positive cash flow,” reported Robert Eadie, CEO of the Company. “With the finalization of the carbonaceous ore tests, we expect further increase in monthly metal production going forward.”
In aggregate, the Company issued 2,623,066 Units in the third closing for aggregate gross proceeds of CAD$196,729.95.
The 2024 Mercedes Report supports the updated Mercedes Mineral Resource and Mineral Reserve estimates announced by the Company on January 29, 2025.
Apollo Silver Corp. is pleased to announce that it has engaged Danayi Capital Corp. an arm’s-length service provider, to provide the Company certain investor relations and digital marketing services in accordance with the policies of the TSX Venture Exchange and applicable securities laws.
Silver Bull Resources, Inc. has released its quarterly financial report for the period ending January 31, 2025. The company continues to focus on exploring its properties, specifically the Sierra Mojada Property in Mexico, amidst ongoing financial and operational challenges.
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