Goldgroup Retains VLP for Market-Making Services

Goldgroup Mining Inc. has engaged Venture Liquidity Providers Inc. (VLP) to provide market-making services for its common shares, pending regulatory approval. VLP will operate through W.D. Latimer Co. Ltd., receiving $5,000 monthly for three months, with automatic renewals. Goldgroup, a Canadian mining company, owns two high-growth gold assets in Mexico: Cerro Prieto and Pinos.

Mexico ranks 49th in attracting mining investment

Mexico climbed to 49th in the 2024 Fraser Institute’s Mining Investment Attractiveness Index, up from 74th in 2023, driven by a significant increase in its Geological Potential Index score (from 37.50 to 64.29). Political Perception Index improved slightly. Concerns include regulatory inconsistencies and environmental uncertainties, while geological database and political stability concerns eased. Mexico ranks below several Latin American peers but above Brazil, Ecuador, and Colombia.

Kootenay Completes NI 43-101 Technical Report Detailing 54 Moz at 284 gpt Silver Mineral Resource Estimate at Columba Project, Recommences Extension Drilling

Kootenay Silver Inc. announced the filing of an NI 43-101 technical report for the first Mineral Resource Estimate of its Columba Silver Project in Chihuahua, Mexico. The Inferred Mineral Resource is 5.92 Mt grading 284 gpt silver, 0.19% lead, and 0.50% zinc. Drilling has resumed to extend mineralized zones, with all veins open to depth.

Capstone Copper Reports Second Quarter 2025 Results

Capstone Copper Corp. reported record Q2 2025 financials, with all-time high revenue and quarterly adjusted EBITDA of $215.6 million. Copper production hit 57,416 tonnes at $2.45/lb C1 cash costs. Net income was $24.0 million, and net debt dropped to $691.9 million. The company reaffirmed 2025 guidance and received the Mantoverde Optimized permit, boosting future growth prospects.

Osisko Development Announces US$195 Million Financing

Osisko Development Corp. announced a US$120 million “bought deal” private placement of 58,560,000 units at US$2.05 each, alongside a US$75 million non-brokered placement to a strategic investor. Each unit includes a common share and half a warrant, exercisable at US$2.56 for 24 months. Proceeds will fund the Cariboo Gold Project and general corporate purposes. Closing is expected around August 15, 2025, pending regulatory approvals.

Guanajuato Silver Announces High Grade Gold Intercepts at Valenciana

Guanajuato Silver Company Ltd. reported high-grade gold intercepts at its Valenciana Mines Complex in Mexico, with 0.98m at 16.7 g/t gold and 0.26m at 45.3 g/t gold in the Santa Margarita zone. These results, from 475m of Q1 2025 drilling, will support a new mining block in 2025, boosting production potential.

Discovery Announces Senior Management Appointment

Discovery Silver Corp. appointed Alison White as Chief Financial Officer, effective July 31, 2025. With over 20 years of finance and operations experience, including CFO roles at SSR Mining and regional CFO at Newmont, White will support the growth of Discovery’s Porcupine Operations. Former CFO Andreas L’Abbé transitions to Senior Vice President, Finance, to lead integration efforts.

Oroco Deepens its ESG Commitments to the Santo Tomas Region

Oroco Resource Corp. signed a cooperation agreement with Mexico’s Sembrando Vida program to support environmental conservation and community development in Choix, Sinaloa, near its Santo Tomás Project. The partnership focuses on restoring degraded land, promoting sustainable agriculture, and enhancing local ecosystems through agroforestry and reforestation. Oroco will provide material, logistical, and advisory support, aligning with its ESG strategy.

Mithril Silver and Gold June 2025 Quarterly Activities Report

Mithril Silver and Gold Limited reported high-grade gold and silver results from its Copalquin District project in Mexico for Q2 2025. Channel sampling at Target 2 yielded up to 31.8 g/t gold and 1,004 g/t silver, while drilling at Las Brujas returned 11.5m @ 8.61 g/t gold. Target 5 sampling showed up to 5.36 g/t gold and 777 g/t silver, preparing for drilling next quarter. A C$11.5M private placement was completed, with a cash balance of A$11M.

All News