Fortuna Mining (FSM) updates $19M generative exploration: Guiglo (Côte d’Ivoire) shows 5km gold anomaly; Tongon North advances targets; Centauro (Mexico) preps drill for epithermal system; La Carmen maps alteration; Cerro Lindo (Argentina) prospective for HSE gold-silver; Arizaro yields intercepts like 0.59 g/t Au, 0.29% Cu over 46m.
Sonoro Gold Corp. closed an oversubscribed non-brokered private placement of 13,350,000 units at CAD $0.15 each, raising $2,002,500. Each unit includes one share and one warrant exercisable at $0.22 for two years. Proceeds fund Cerro Caliche gold project development and working capital. Insiders subscribed for 906,667 units; securities hold until January 11, 2026.
Saf Dhillon, President and Chief Executive Officer, states: “The drilling is indicating oxidation is consistent with past mining and targets are coming along with a positive exploration drilling so far. The drilling is intersecting more quartzite than expected which is favorable for fracture-controlled mineralization.” Drilling has now moved to the Famosa Target to progress exploration program.
IMPACT Silver Corp. (IPT) announces shareholder approval on Aug 1, 2025, for a new omnibus equity incentive plan replacing its prior stock option plan. The rolling 10% plan allows awards up to 10% of outstanding shares, subject to TSXV acceptance and annual re-approval. Company produces silver-zinc in Mexico’s Zacualpan and Plomosas districts.
Avino Silver & Gold Mines (ASM) ranks 5th in TSX30 2025 for 610% dividend-adjusted share price appreciation and 778% market cap growth over three years to June 30, 2025. CEO credits operational advancements in Mexico toward becoming an intermediate producer with three assets by 2029.
Agnico Eagle Mines sold its entire 38M-share stake in Orla Mining (11.3% ownership) at C$14.75/share, netting C$560M via Toronto Stock Exchange. CEO Ammar Al-Joundi cited disciplined capital allocation to fund priorities, praising Orla’s growth from developer to mid-tier producer since 2017. Orla’s COO Jason Simpson thanked Agnico for support, noting enhanced liquidity.
Anglo American and Teck Resources announce merger of equals to form Anglo Teck, a Canada-headquartered top-5 copper producer with 70% copper exposure. $800M annual synergies + $1.4B from adjacent ops; $4.5B special dividend to Anglo shareholders. Ownership: 62.4% Anglo, 37.6% Teck. Completion in 12-18 months.
“As at the historic Pinos Cuates mine, the existing underground workings at Dos de Mayo are giving us an important understanding of the nature of the gold-silver mineralization at El Potrero,” stated Robert Archer, Pinnacle’s President & CEO. “What we are seeing is consistent with these low-sulphidation epithermal systems, where pockets of high-grade mineralization (called “clavos” in Mexico) occur within a defined horizon, likely consistent with the “boiling zone” of the hydrothermal fluids.
Alamos Gold Inc. has been named a TSX30™ 2025 winner for the second year, recognizing its 310% dividend-adjusted share price growth over three years. CEO John McCluskey praised the company’s sustainable business and growth pipeline for delivering stakeholder value. TSX CEO Loui Anastasopoulos highlighted the winners’ strategic execution in diverse sectors.
GR Silver Mining Ltd. is pleased to announce that it has received a key 5-year drill permit for the San Marcial Area authorizing additional step-out and exploration drilling in an extensive area surrounding the current NI 43-101 Resource Area. The five-year Informe Preventivo issued by the Secretaría de Medio Ambiente y Recursos Naturales Mexico will allow for the drilling of step-out and exploration holes at 46 new drill sites in the San Marcial Area.
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