Kingsmen Resources reports high-grade silver discovery at Las Coloradas project, Mexico. Hole LC-25-010 intersected 1,028 g/t AgEq over 1.45m (incl. 1,742 g/t over 0.70m) and 138 g/t AgEq over 13.35m at shallow depths below historic mines. Significant untapped potential; awaiting 11 more hole assays.
Guanajuato Silver (TSXV:GSVR) is upgrading its mining fleet at El Cubo and Valenciana Mines in Mexico for better efficiency. Six new vehicles delivered: three low-profile trucks and three scooptrams. Three 20-tonne Torino trucks ordered, arriving monthly from October, to boost production.
Oroco Resource Corp. (TSX-V: OCO; OTCQB: ORRCF) appoints Faysal Rodriguez, SVP Mexico at Torex Gold, to its Board. With 25+ years in mining, including operations in Mexico, he brings expertise in development, safety, and community relations to advance the Santo Tomás copper project.
Orla Mining Ltd. announced Scott Langley’s immediate resignation from its Board. As Newmont’s nominee, his departure follows termination of their investor rights agreement after Newmont sold its shares. No further Board changes planned; thanks given to Langley for his three-year contributions.
Canasil Resources Inc. announces TSX-V reinstatement of trading after Sept. 5, 2025, CTO revocation. Business objectives unchanged: advancing mineral properties in BC, Canada, and Durango/Zacatecas, Mexico. No share structure changes. Optimistic about positive market environment.
Masivo Silver increases non-brokered private placement to 33.33M units at $0.06 each, raising up to $2M due to strong demand. Each unit: 1 share + 0.5 warrant ($0.10/12mo). No insiders participating; closing expected by Oct 10, 2025, pending TSXV approval.
Newmont sold 43 million Orla Mining shares for $439 million at $10.14 per share via TSX, exiting its 13.3% stake. The sale aligns with Newmont’s strategy to streamline its portfolio and boost liquidity. Additionally, Newmont agreed to sell its Coffee Project in Yukon to Fuerte Metals for up to $150 million, enhancing capital allocation.
Prime Mining announces Glass Lewis recommends Prime Securityholders vote FOR the arrangement with Torex Gold, citing premium, strategic rationale, and growth upside. CEO Scott Hicks welcomes the endorsement. Voting deadline: Sept 25, 2025; special meeting: Sept 29. Board unanimously recommends FOR.
Goldgroup Mining acquired 52.7% of creditors’ rights in Molimentales for ~US$3.74M, gaining majority control to file a Plan of Arrangement for ownership of Mexico’s San Francisco Mine, free of liens. This advances restructuring, mine restart potential, subject to court, liquidator, and regulatory approvals.
Regency Silver Corp. has contracted Bylsa Drilling for a 4500m program at Dios Padre, targeting high-grade Au-Cu-Ag extensions. Drill arrives by Sept 25, 2025; permits and pads ready. Previous intercepts include 38m at 7.36 g/t Au. CEO excited about expansion.
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