Discovery Silver Corp. filed a final short form base shelf prospectus on May 5, 2025, replacing its March 2023 prospectus. The filing allows potential offerings of up to C$500M in securities over 25 months, enhancing financial flexibility for future business developments. Specific terms and use of proceeds will be detailed in future prospectus supplements.
Chesapeake Gold Corp. announces Alan Pangbourne’s immediate resignation as director to pursue other opportunities. The company thanks him for his service and wishes him well.
Vizsla Silver Corp. has resumed all field activities at its Panuco silver-gold Project in Mexico, including test mine development, geotechnical and exploration drilling, mapping, and geophysical surveys. The underground test mine’s portal box cut is complete, and ramp development progresses on schedule. Exploration focuses on the Animas discovery and Copala Resource, with two rigs active. A Feasibility Study is upcoming.
Luca Mining Corp. announced results from nine underground drill holes at its Tahuehueto gold-silver mine in Mexico, part of a 5,000m exploration program. Two new high-grade breccia ore shoots were discovered in the El Creston vein system, with intercepts including 9.4m at 5.21 g/t AuEq and 4.8m at 5.62 g/t AuEq. A Phase 2 drilling program and surface drilling at the Santiago deposit have begun.
Kingsmen Resources Ltd. has completed drill pad construction for a 14-hole diamond drilling program at its 100% owned Las Coloradas silver project in Chihuahua, Mexico. Targeting the Soledad and Soledad II vein systems, the program follows high-grade silver and anomalous gold findings. Drilling is set to start post-holiday and continue through July, aiming to unlock the project’s value in the Parral mining district.
Kootenay Silver Inc. announced high-grade drill results from its Columba Silver Project, with D-Vein assays reaching 7,630 gpt silver and 30.57% lead-zinc, the deepest and highest values recorded. Hole CDH-25-199 intercepted 620 gpt silver over 16.5 meters. The company is compiling data for a maiden resource estimate, with drilling now exceeding 20,000 meters.
Apollo Silver Corp. appoints Ross McElroy as President and CEO, succeeding Andrew Bowering, who remains Chair. McElroy, a geologist with 38 years of experience, led Fission Uranium’s $1.14 billion acquisition by Paladin Energy. He receives 2,500,000 stock options. Apollo aims to advance its silver projects in California and Mexico under McElroy’s leadership.
Capstone Copper Corp. announced the voting results from its 2025 Annual General Meeting held May 2, 2025, in Vancouver. With 594,082,529 shares voted (77.96% of outstanding shares), shareholders approved all items, including setting the board at eight directors (96.27% for), electing directors (98.20%-99.98% for), re-appointing Deloitte LLP as auditor (99.90% for), and an advisory vote on executive compensation (91.87% for).
Newmont Corporation announced Natascha Viljoen’s promotion to President and Chief Operating Officer, effective immediately. Viljoen, who joined as COO in 2023, will continue reporting to CEO Tom Palmer. The promotion recognizes her leadership in safe operations and cost improvement following the Newcrest acquisition. Viljoen, previously CEO of Anglo American Platinum, aims to enhance value for stakeholders.
Endeavour Silver Corp. completed the $145 million acquisition of Minera Kolpa, including the Huachocolpa Uno Mine in Peru, with $80 million cash, $65 million in shares, and up to $10 million in contingent payments. The deal, funded by a $35 million copper stream and $50 million equity financing, adds a 1,800 tpd silver-focused mine producing 5.1 million silver-equivalent ounces in 2024, with plans to expand to 2,500 tpd.
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