Kootenay Releases First Results from Current Drilling at Columba

Kootenay Silver (TSXV: KTN) announced drill results from the first 7 holes of its 50,000m program at Columba Project, Mexico, revealing high-grade silver intercepts (up to 921 g/t Ag over 0.71m) on D Vein/I Vein plus a new discovery of broad porphyry-style gold zones (e.g., 101m @ 0.18 g/t Au; up to 0.85 g/t Au over 6m) with molybdenite, indicating potential for a separate gold-porphyry system. Drilling continues with plans to add rigs.

Silver Viper Minerals Announces $12 Million Private Placement

Silver Viper Minerals (TSXV: VIPR, OTCQB: VIPRF) announces a non-brokered private placement to raise up to $12M through 15M units at $0.80 each. Each unit includes one share + one $1.20 warrant (24 months; acceleratable at $1.40 VWAP for 20 days). Proceeds for working capital. Closing ~Dec 10, 2025, subject to TSXV approval; 4-month+1-day hold. Up to 6% finder’s fees payable.

VVC – Strategic Exit of Gloria Copper Project in Mexico

VVC Exploration (TSX-V: VVC, OTC: VVCVF) is exiting the Gloria Copper Project in Chihuahua, Mexico due to high costs, political volatility, safety concerns and permitting uncertainty. The Company will focus mining efforts on the promising Cumeral Gold Project in Sonora (1,665-ha, 4km gold trend with historical high-grade samples) and redirect resources to its helium/natural gas projects in Kansas.

Apollo Silver Grants Incentive RSUs

Apollo Silver Corp. (TSX.V: APGO, OTCQB: APGOF) granted 750,000 Restricted Share Units (RSUs) to certain officers and directors under its Omnibus Incentive Plan. The RSUs vest in three equal tranches over 36 months, with each vested RSU convertible into one common share.

Luca Mining Corp. Reports Third Quarter 2025 Results

Luca Mining (TSXV: LUCA, OTCQX: LUCMF) reported strong Q3 2025 results: revenue $35M (+94% YoY), adjusted EBITDA $4.3M, tonnes milled +66%. Campo Morado ZnEq lbs +75%, Tahuehueto AuEq oz +74%. Generated $5.3M YTD net free cash flow pre-WC despite heavy capex. Revised 2025 FCF guidance to $5-10M (from $30-40M) due to lower grades/sequencing and higher development spend; production tracking below original targets but higher grades expected ahead. Capex raised to $29.4M.

Discovery Announces Management Appointments

Discovery Silver (TSX: DSV, OTCQX: DSVSF) appointed Raymond Yip as CIO, Kara Byrnes as VP Exploration & Geology – Porcupine, Gerry Stinson as VP Environment – Porcupine (promoted), and Amanda Kasner as VP Business Optimization. All join from Agnico Eagle/Kirkland Lake Gold with deep expertise in IT, exploration, environment, and finance/strategy. SVP Finance Andreas L’Abbé has departed.

Silverco Mining Engages SGS to Validate and Update Mineral Resource Estimate at the Cusi Property

Silverco Mining (TSXV: SICO) engaged SGS to update the 2020 historical MRE at its 100%-owned Cusi silver project in Mexico. Update incorporates ~11,500m new drilling (2024+2025), adds San Miguel vein system (e.g. 7.5m @ 364 g/t AgEq), accounts for ~900kt depletion, tightens estimation parameters, and uses current economics. Updated NI 43-101 resource expected this quarter. Also engaged Capital Analytica for $150k marketing services.

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