Tocvan Ventures (Jan 22, 2025) announced surface sampling results expanding targets at Gran Pilar Gold-Silver Project, Mexico. Four new targets in Southern Block (1.8×1.0 km) with rock chips up to 3.1 g/t Au and 64 g/t Ag; potential separate epithermal system in North Alteration Zone (3.2×1.5 km). Ongoing core drilling at Main Zone; 2025 plans include trenching, drilling, and pilot facility.
Southern Silver Exploration Corp. revised its non-brokered private placement to C$2.52 million, issuing 14 million units at C$0.18 each (one share + half warrant at C$0.28 for 3 years). Proceeds will advance the Cerro Las Minitas project and general corporate purposes.
Commenting on this update, Mr. John C. Gustavsen, President of the Antimony Division of the Company, stated, “We have a great seasoned working team assembled who are excited to complete the refurbishing of the Madero Smelter. We have already rehired field personnel who are crucial in achieving our work program objectives. We anticipate being fully prepared when our first international shipments begin arriving in early March.”
“At the beginning of the year we planned a robust exploration program at our San Dimas mine which has returned impressive results,” stated Keith Neumeyer, President & CEO of First Majestic. “Our exploration teams have completed approximately 113,000 metres of drilling within the district and have intersected significant silver and gold mineralization in multiple veins.”
Mithril Silver and Gold Limited (Jan 22, 2025) reports Target 1 expansion assays at Copalquin, Mexico, up to 7.88 g/t Au, 438 g/t Ag over 1m (MTH-EC24-04). Key intercepts include 7.37m @ 4.16 g/t Au, 69.5 g/t Ag. Drilling continues for Q1 2025 resource update; 35,000m planned.
VANCOUVER, BC, Jan. 22, 2025 /CNW/ – Angel Wing Metals Inc. (TSXV: AWM) (“Angel Wing Metals” or the “Company“) is pleased to report the commencement of a phase 1 –
Gold Resource Corporation closed a $2.5 million registered direct offering, selling 15,625,000 common shares at $0.16 each. The company did not use a placement agent and plans to use the net proceeds for working capital and general corporate purposes.
Goldgroup Mining Inc. closed a non-brokered private placement on January 21, 2025, raising CAD $3.5M by issuing 35M units at $0.10 each (one share + ½ warrant exercisable at $0.15 until 2027). Proceeds for Cerro Prieto project advancement, working capital, debt reduction; subject to TSXV approval.
Zacatecas Silver Corp. announced the appointment of Mr. Eric Vanderleeuw as Director. Mr. Vanderleeuw brings extensive expertise in capital markets to the Company, having facilitated the successful raising of over $100 million for venture initiatives throughout his consulting career.
Sheinbaum reiterated that, after Trump’s inauguration, “we will enter into communication, and we know that there will be an agreement on the different issues, that is our objective.”
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