Questcorp Mining Inc. upsized its non-brokered private placement to 15,000,000 units at $0.20 each for gross proceeds of up to $3,000,000. Each unit consists of one common share and one-half warrant (exercisable at $0.30 for 36 months). Funds will advance exploration at La Union Gold-Silver and North Island Copper projects, plus working capital. Finder’s fees possible; closing pending approvals.
Mithril Silver and Gold announced exploration updates at its Copalquin silver-gold project in Durango, Mexico. Maiden drilling at Target 5 confirmed a large 9.6 km² silver-rich zone with high-grade intercepts. Phase IV drilling advances at Target 1 to extend resources, while drilling starts at Target 3. Up to 25,000m drilling planned for 2026.
GoGold Resources Inc. announced record Q3 2025 results (quarter ending Dec 31, 2025): revenue of $31.1 million (up 62% YoY), operating cash flow of $9.7 million, net income of $13.3 million, and Parral free cash flow of $18.1 million. Produced 456,179 silver equivalent ounces. Cash reserves reached $245.6 million, with Los Ricos permits pending.
Kingsmen Resources Ltd. closed a bought deal private placement, raising gross proceeds of C$13 million by selling 5,777,778 units at C$2.25 each. Each unit includes one common share and a half warrant, with warrants exercisable at C$3.00 until February 11, 2029. The company plans to use the net proceeds to advance its Las Coloradas and Almoloya projects in Chihuahua, Mexico, and for working capital.
Algo Grande Copper Corp. (TSXV: ALGR) announced a $5M non-brokered private placement of up to 7,692,308 shares at $0.65 each. Proceeds fund Phase II drilling at the Adelita Cu-Au-Ag Project in Sonora, Mexico, targeting Cerro Grande expansion and a 6km skarn corridor, plus working capital. Canaccord Genuity advisor; 4-month hold.
Tocvan Ventures Corp. announced the restart of exploration drilling at the South Block of its Gran Pilar Gold-Silver Project in Sonora, Mexico. Targeting new high-priority zones from drone magnetics and geochemistry (up to 21.2 g/t Au, >2,000 g/t Ag). Up to 10,000m RC drilling planned; two holes completed. Follows strong 2025 intercepts like 19.4 g/t Au over 3.1m. Pilot Mine condemnation drilling finished.
Candelaria Mining Corp. (TSX-V: CAND.H, OTC PINK: CDELF) announced the dismissal of Davidson & Company LLP as auditor, effective January 28, 2026, at the company’s request. Saturna Group Chartered Professional Accountants LLP appointed as successor until next AGM. No disagreements or reportable events; approved by audit committee and board.
Minaurum Silver Inc. reported high-grade silver intercepts at its Alamos Project in Sonora, Mexico: 12.35 m of 408 g/t AgEq (including 3.20 m of 1,277 g/t AgEq) in the Europa Vein Zone, a 250 m step-out from the inferred resource. Mineralization remains open; Phase 2 drilling aims to expand resources.
Kootenay Silver Inc. closed a bought deal LIFE private placement, raising gross proceeds of C$18 million by issuing 8,000,001 common shares at C$2.25 each (including full over-allotment). Proceeds will advance its Columba and La Cigarra silver projects in Mexico, plus general corporate purposes.
Mercado Minerals Ltd. received an exploration drill permit for its Copalito Project in Sinaloa, Mexico, allowing use of existing and new drill pads. A 3,000-metre diamond drill program is planned to start in Q1 2026 to test vein extensions, infill drill, evaluate depth targets, and explore new areas, following 81 historical holes.
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