Almadex Minerals (TSX-V: DEX) overviews its diversified NSR royalties (0.5-2%) on gold, silver, copper projects in Canada, US, Mexico. Key interests: 2% on Kodiak’s Dillard (BC), Coeur-partnered Tim (Yukon), Caballo Blanco (Mexico). Portfolio from 20+ years of prospect generation, offering discovery/production exposure without risk.

Guerrero state has forged an agreement with Equinox Gold and local communities to resume and expand the Los Filos gold-silver mine, unlocking US$340 million in investments. The deal emphasizes responsible practices, benefit-sharing, and oversight, aiming to boost jobs and regional development. A detailed roadmap is expected by year-end.

Kingsmen Resources Ltd. (TSXV: KNG) announced a non-brokered private placement of up to 2,225,000 units at $1.35 each, aiming to raise $3,003,750. Each unit includes one share and half a warrant (exercisable at $1.90 for two years). Proceeds will advance the Las Coloradas Silver/Gold project in Mexico and support working capital.

Colibri closed first tranche of $1.35M private placement, issuing 9M units at $0.15 (share + $0.25 warrant/24mo). Proceeds for EP and Pilar gold exploration in Mexico. Retained CANMEX for drilling at EP, targeting San Perfecto and Banco de Oro zones.

Osisko Development appoints Scott Smith as VP Exploration effective Nov 1, 2025, from Prime Mining (acquired by Torex). With 30+ years in mining across Americas, including senior roles at Gibraltar, Teck, Newmont, and Antamina, he will advance Cariboo Gold Project and other properties.

Coeur Mining to acquire New Gold in all-stock deal at 0.4959 Coeur shares per New Gold share (16% premium, $7B equity value). Creates $20B North American precious metals firm with 7 ops, $3B 2026 EBITDA, $2B FCF from 20M oz Ag, 900k oz Au, 100M lbs Cu.

Santacruz Silver Mining reported Q3 2025 production: 3.42M silver equivalent ounces (down 3% QoQ), 1.24M silver ounces, 21.6K tonnes zinc, 2.6K tonnes lead, 331 tonnes copper. Steady output despite Bolívar water inflow; dewatering advances aim for high-grade resumption in February 2026.

Silver Spruce Resources completed 1-for-15 share consolidation, reducing outstanding shares from 324M to 21.6M. No fractional shares; trading resumes Nov 4, 2025, on TSXV under SSE with new CUSIP 828229302 and ISIN CA8282293023. Registered shareholders to receive transmittal letters.