Pinnacle Closes Second and Final Tranche of Private Placement

Pinnacle Silver and Gold Corp. (TSXV: PINN) closed the second and final tranche of its non-brokered private placement, issuing 10,915,492 units at $0.14 each for $1,528,169. Total offering: $2,595,713 from 18,540,663 units (1 share + ½ warrant at $0.20 for 24 months). Proceeds fund El Potrero project and working capital.

Madoro Consolidates Quebec’s Emerging Decelles Lithium Camp with the Proposed Takeover of Australian Privately Owned Narrow River Resources

Madoro Metals signed a letter of intent to acquire all Québec assets of Australian-based Narrow River Resources, aiming to create one of the largest land positions in the emerging Decelles lithium camp with at least 20,000 ha of exploration rights. The deal is structured as a proposed reverse takeover and remains subject to definitive agreements, regulatory and shareholder approvals.

Minera Alamos Retains Velocity Trade Capital for Market Making Services

Minera Alamos Inc. (TSXV: MAI, OTCQX: MAIFD) engaged Velocity Trade Capital Ltd. for market-making services to enhance liquidity, reduce volatility, and maintain an orderly market for its shares, per TSXV policies. Velocity Trade will receive a monthly fee of C$6,000; either party can terminate after 60 days with 30 days’ notice. Engagement subject to TSXV acceptance. Announced February 2, 2026.

Starcore Closes Spin-Out of African Properties for Issue of Capital Dividend

Starcore International Mines Ltd. (TSX: SAM) closed the spin-out of its Côte d’Ivoire African mineral properties to subsidiary EU Gold Mining Inc. via Plan of Arrangement, effective February 6, 2026. Shareholders receive 1 EU Gold share per 2 Starcore shares as return of capital (distributed March 5, 2026; no fractionals/cash). EU Gold assumes liabilities; Starcore focuses on Mexican assets.

Apollo Silver Accepted into U.S. Defense Industrial Base Consortium

Apollo Silver Corp. (TSXV: APGO, OTCQB: APGOF) was accepted into the U.S. Defense Industrial Base Consortium (DIBC) on February 2, 2026. This DoD-supported group enables collaboration on critical minerals supply chains, including silver, zinc, and barite from its Calico Project, aligning with U.S. national security priorities post-silver’s USGS critical designation.

Maiden Drilling Commences at Los Lirios Antimony Project

EV Resources commenced its maiden diamond drilling at the Los Lirios antimony project in Oaxaca, Mexico, with a 1,500–2,000 m program targeting high-priority zones toward a maiden resource. Surface samples returned up to 29% Sb. The company is fully funded and refining assay methods for high-grade antimony.

Empress Royalty Announces Grant Of Restricted Share Units

Empress Royalty Corp. granted 250,000 restricted share units (RSUs) to newly appointed director Daniel Burns under its Equity Incentive Plan at a deemed price of C$1.09 per unit. The RSUs will vest in equal installments over two years, with the first tranche vesting one year from the grant date, and each vested RSU converts into one common share.

Masivo Silver is Now Mobililzing Crews and Equipment for Major Value-Creation Moment

Masivo Silver Corp. (TSXV: MASS) is mobilizing crews and heavy equipment at its Cerro Colorado silver-gold project in Sonora, Mexico, for Phase I drilling. With environmental approvals secured, activities include rehabilitating access routes, building drill pads, and preparing high-priority targets. CEO David Coburn calls it a potential “company-making” moment for transformational discovery.

Mexican Gold Grants Stock Options

Mexican Gold Mining Corp. (TSXV: MEX) granted 3,650,000 stock options to directors, officers, and consultants on January 30, 2026, exercisable at $0.16 per share until January 30, 2031. Options vest immediately, pending TSXV acceptance and subject to a four-month hold period.

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