Questcorp Mining Inc. reports progress on its maiden La Union drilling program in Sonora, Mexico: 7 holes completed across four of five targets, on track and budget. Key tests at Union, Famosa (59.4 g/t Au, 833 g/t Ag grabs), North Union, and El Cobre. Plans for 2-5 more holes, new feeders, and follow-up assays.
Minaurum Gold Inc. (TSXV: MGG; OTCQX: MMRGF) reports initial 2025 drill results from Alamos Silver Project, Mexico, with high-grade AgEq intersections: 5.85m @ 476 g/t (incl. 1.80m @ 1,339 g/t) at Europa; 21.45m @ 220 g/t (incl. 1.20m @ 1,377 g/t) at Promontorio. Data to support maiden resource estimate.
Luca Mining Corp. (TSXV: LUCA; OTCQX: LUCMF) reports high-grade intercepts at Reforma, Campo Morado, Mexico: 13m @11.4g/t AuEq (incl. 3.7m @21.3g/t), 24.6m @6g/t AuEq (incl. 11.6m @8.6g/t). Underground: 2.6m @1.84g/t Au, 104g/t Ag, 2%Cu. Drill programs expanded: surface to 5,500m (+120%), underground to 7,500m (+50%).
Guanajuato Silver reported high-grade drill results from its 2025 exploration at the El Cubo Mines Complex, including bonanza intercepts over 2 kg/t AgEq from the Packman and San Luis veins. The company also discovered two new veins near these zones. El Cubo continues to deliver strong production, with ongoing drilling focused on expanding high-grade areas.
Colibri Resource Corporation upsized its equity unit offering to 11.5M units at $0.15 each (one share + 24-month warrant at $0.25) amid strong investor demand. It’s finalizing a drilling contract for the drill-ready EP Gold Project, fully financed post-closing. Insiders may participate as a related party transaction. CEO praises investor confidence.
Aztec Minerals closed a C$10 million bought-deal private placement led by Stifel Canada, issuing 42.6 million shares at C$0.235 each, including full over-allotment. The underwriter received 7% in cash and broker warrants. Proceeds will fund exploration at the Tombstone and Cervantes projects and for working capital. Securities are subject to a four-month hold.
GoGold Resources reported a 45% increase in annual production to 2.15 million silver equivalent ounces for FY 2025, driven by strong output from its Parral project. The company ended the year with US $141 million in cash, positioning it to advance Los Ricos North and commence mine construction at Los Ricos South.
Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) declares commercial production at Terronera mine in Jalisco, Mexico, effective Oct. 1, 2025, after commissioning exceeded 90% of 2,000 tpd capacity and metal recoveries. Forecasts 360,000 tonnes processed in next 6 months at 122 g/t Ag, 2.52 g/t Au; higher grades mid-2026. 2026 guidance in Jan. Positions as mid-tier silver producer.
Sandstorm Gold Ltd. (NYSE: SAND, TSX: SSL) received final BC Supreme Court approval for its arrangement with Royal Gold Inc., acquiring all Sandstorm shares at 0.0625 Royal Gold shares each. Closing anticipated Oct. 20, 2025, with subsequent delisting from TSX and NYSE.
Mithril Silver and Gold announces robust Target 1 drilling at Copalquin, Mexico, extending strike 30% with intercepts like 7.2m @ 2.78g/t Au, 148g/t Ag. Target 5: 11 holes done, assays pending; footprint now 2x2km. Target 3 drill-ready soon. Aerial magnetic survey starts; fully funded for 45,000m program across district.
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