“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.”
Capitan Silver Corp. announced a non-brokered private placement to raise up to C$4.2 million, issuing 10.5 million units at C$0.40 each (one share + one warrant at C$0.50 for 12 months, with acceleration). Jupiter Gold & Silver Fund to invest in 8.375 million units. Proceeds for Cruz de Plata exploration, consolidation, and working capital.
Ernesto Balarezo, Sierra Metals CEO, comments, “We are very pleased with the results of our exploration strategy at Bolivar to date and these results only offer what we believe is a glimpse of the mine’s full potential. This drill program in the Marian Zone indicates higher metals grades that have the potential to add to the overall mineral resources at Bolivar.”
“We are confident in our 2025 production and cost guidance as it reflects both our focus on maximizing gold output and maintaining prudent cost controls,” said Rohan Hazelton, CEO of DynaResource.
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