Fortune Bay Corp. (TSXV: FOR) announced on Dec 5, 2025 the grant of 1,490,000 incentive stock options at $1.00/share (expiring Dec 4, 2030) and 150,000 DSUs to directors, officers, employees and contractors. Options and DSUs vest over three years.
Apollo Silver Corp. advanced community engagement at its Cinco de Mayo silver project in Mexico, holding productive talks with Ejido Benito Juárez to lift a 2012 access ban. Proposed 30-year agreement includes US$50M annual payments, local hiring priority, and environmental commitments. Discussions continue into early 2026 ahead of Ejido vote.
Minaurum Gold Inc. (TSXV: MGG) plans to double its Phase II resource-expansion drill program at the Alamos Silver Project in Sonora, Mexico, from 25,000m to 50,000m, targeting additional high-grade vein zones. The expansion follows strong drilling results and is contingent on closing ongoing financing. A maiden resource estimate is expected in early 2026.
Mercado Minerals granted 3,785,000 incentive stock options at $0.38/share (expiring 2030) to directors, officers, and consultants. Engaged Peak Investor Marketing for 12-month services ($12,000/month + 400,000 options) and CanaCom Group for digital marketing (C$100,000 + 25,000 options).
Mithril Silver and Gold Limited (TSXV:MSG) signed a 4-year option to acquire 100% of the 2,052-ha La Dura gold-silver property in Durango, Mexico, near its flagship Copalquin project, for US$4M. La Dura hosts historic mines and a 60 tpd mill. Initial LiDAR and magnetic surveys start this month.
Pan American Silver Corp. (NYSE: PAAS) acquired 18.75M units of Galleon Gold Corp. (TSXV: GGO) at C$0.60 each via private placement, gaining 18.75M shares and 9.375M warrants (exercisable at C$0.75 until Dec 2027). This boosts ownership to ~14.7% undiluted, ~29.7% partially diluted, atop a C$8M convertible debenture. Investment for long-term potential; early warning filed.
Capitan Silver (TSXV:CAPT) released an updated pit-constrained Inferred MRE for Capitan Hill oxide gold deposit in Durango, Mexico: 39.8 Mt @ 0.41 g/t Au (525 koz Au) + 4.24 Moz Ag, a 115% increase in contained gold vs historical estimate. Drilling and geophysics ongoing; Capitan Hill is only ~1% of the Cruz de Plata project area.
Endeavour Silver Corp. closed a US $350 million offering of 0.25% unsecured convertible senior notes due 2031, including full exercise of a US $50 million option. The initial conversion rate equals about US $12.455 per share. Proceeds will repay senior secured debt, fund its Pitarrilla project in Durango, Mexico, and support general corporate purposes.
Americas Gold and Silver closed an oversubscribed US$132.25M bought deal financing, issuing 33M shares at US$4.00 each. Proceeds will fund the acquisition of Crescent Silver Mine (Idaho) and related capex. CEO notes strong institutional support, early Galena hoist upgrade enabling a 21-day December pause, and a fully-funded, robust 2026 outlook.
Guanajuato Silver is optimizing operations ahead of Bolanitos acquisition (expected Jan 2026): temporarily closing Cata mill, rerouting Valenciana ore to El Cubo, aiming for higher plant utilization and lower costs. Court ruled subsidiary owes NucTech ~US$10.3M in equipment dispute; company will appeal, staying payment.
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