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.

Diamond Drilling Recommences at the Yoquivo Silver-Gold Project in Mexico

Advance Metals (ASX:AVM) has recommenced diamond drilling at its 100% owned high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico. The fully funded ~3,000m program targets depth and lateral extensions to the existing 17.23Moz AgEq (570 g/t) Foreign Estimate at Pertenencia, plus new high-grade regional veins (up to 1,594 g/t AgEq at surface). Drilling continues into early 2026, supported by historic core resampling, to deliver an upgraded JORC resource.

Heliostar Presents Third Quarter 2025 Financial Results

Heliostar Metals Q3 2025: Record 9,165 GEOs produced, 7,709 sold. Operating income $14.2M, net income $1.3M. Cash costs $1,500/GEO, AISC $1,825/GEO. Cash $34.6M, no debt. On track for 31-41k GEOs 2025 guidance with strong pipeline growth at Ana Paula.

Torex Gold Announces Renewal of Normal Course Issuer Bid

Torex Gold (TSX:TXG) renewed its NCIB, approved by TSX to repurchase up to 8,133,430 common shares (10% of public float) from Nov 21, 2025 to Nov 20, 2026. Purchases will be made on open market; all acquired shares cancelled. Program aims to return capital to shareholders.

Vizsla Silver Announces Proposed Offering of US$250 Million of Convertible Senior Notes

Vizsla Silver Corp. (TSX: VZLA | NYSE: VZLA) announced a proposed US$250M (upsizable to US$300M) offering of convertible senior unsecured notes due 2031. Net proceeds will fund exploration and development at the Panuco silver project, potential acquisitions, and general corporate purposes. A portion will finance cash-settled capped calls to reduce potential dilution upon conversion. Terms including interest rate and conversion rate to be set at pricing.

GR Silver Mining Reports High-Grade Silver Intercepts in San Marcial Area Step-Out Drilling. SMS25-12 Returns 5.0m at 232g/t Ag, from 332.6m downhole, including 0.9m at 956g/t Ag

GR Silver Mining (TSXV: GRSL) reported step-out drill results from San Marcial, Plomosas Project, Mexico. Hole SMS25-12 extended high-grade silver mineralization 75m below the current resource, intersecting 5.0m @ 232 g/t Ag (incl. 0.9m @ 956 g/t Ag and 0.2m @ 2,602 g/t Ag) plus 8.8m @ 121 g/t Ag. Mineralization remains open at depth; further expansion drilling planned for H1 2026.

Torex Gold Announces Renewal of Normal Course Issuer Bid

Torex Gold Resources (TSX:TXG) has received TSX approval to renew its normal course issuer bid (NCIB), allowing the repurchase and cancellation of up to 8,133,430 common shares (approximately 10% of the public float) from November 21, 2025 to November 20, 2026. Purchases will be made on the open market through the TSX or alternative systems, funded from working capital.

All News