Axo Copper Announces Acquisition of Past Producing San Antonio Gold Project from Osisko Development

Axo Copper (TSXV:AXO) is acquiring the San Antonio Gold Project (Sonora, Mexico) from Osisko Development. The past-producing project hosts 576 koz Au Indicated (1.20 g/t) and 544 koz Au Inferred (1.02 g/t) in open-pittable oxides/transition/sulphides, with full infrastructure. Consideration: shares giving Osisko 9.99% and OR Royalties 4.99% of Axo, plus contingent payments and an amended 7.15% Au/Ag stream (30% of spot). Closing expected Q4 2025.

Kingsmen Resources Raises $4,151,250 in Non-Brokered Private Placement

Kingsmen Resources Ltd. (TSXV:KNG) closed its non-brokered private placement, raising $4.15 million by issuing 3,075,000 units at $1.35 each. Each unit includes one common share and one-half warrant (exercisable at $1.90 for two years). Proceeds will advance the Las Coloradas silver-gold project in Mexico and support working capital.

Pinnacle Flies LiDAR Survey at El Potrero

Pinnacle Silver and Gold Corp. (TSXV:PINN) has completed a high-resolution airborne LiDAR and aerial photography survey over its entire 11 km² El Potrero high-grade gold-silver project in Durango, Mexico. The survey will reveal hidden structures, veins, and historic workings beneath vegetation to guide upcoming drilling and fast-track the low-capex restart of the past-producing project near four operating mines. Results expected mid-December.

Osisko Development Announces Agreement to Divest Non-Core San Antonio Gold Project

Osisko Development (NYSE/TSXV:ODV) is selling its 100% interest in the San Antonio Gold Project in Sonora, Mexico to Axo Copper (TSXV:AXO). Consideration includes shares representing 9.99% of Axo, 70% of any VAT refund, up to US$4M in contingent payments (feasibility study and first pour), and anti-dilution on Axo’s first US$10M raised. Transaction closes subject to TSXV approval.

Guanajuato Silver To Acquire Bolanitos Gold-Silver Mine in Mexico

Guanajuato Silver (GSilver) is acquiring Endeavour Silver’s Bolanitos mine in Guanajuato, Mexico for up to US$50M (US$40M upfront + US$10M contingent). Bolanitos, producing ~2.5M AgEq oz in 2024, becomes GSilver’s 5th mine, integrating San Ignacio for cost savings and adding Cebada project. Deal closes January 2026.

Silver Tiger Announces Filing of Final Short Form Prospectus

Silver Tiger Metals Inc. has filed a final short form prospectus for a C$40 million bought deal public offering of common shares at $0.73 each, with an over-allotment option potentially raising up to C$46 million. Closing expected November 26, 2025.

Silver Viper Upsizes Private Placement to $15M

Silver Viper Minerals Corp. (TSXV: VIPR) has upsized its non-brokered private placement due to strong demand, now offering up to 18,750,000 units at $0.80 each to raise up to $15 million (from original ~$10–12M range). Terms unchanged; closing expected around December 10, 2025, subject to TSX-V approval. (48 words)

Sailfish Reports Q3 2025 Results

Sailfish Royalty Corp. (TSXV:FISH) reported Q3 2025 royalty revenue of $430k (up from $212k YoY) and total revenue of $879k. Gross profit rose to $764k, with net income of $1.72M (vs. prior loss). YTD net income reached $1.83M. Key drivers: increased silver stream deliveries and higher gold prices. Post-quarter, Sailfish paid a $0.0125/share dividend and announced a new gold stream + 2% NSR on the Mt. Hamilton project in Nevada.

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