Mithril Silver and Gold (TSXV: MSG, ASX: MTH) reports high-grade channel samples at Target 5, Copalquin, Mexico, with up to 5.36 g/t gold, 777 g/t silver, and elevated copper, lead, and zinc. The 1.6 km vein corridor, 1.5 km from Target 1, supports a district-scale epithermal system. Drilling is planned for next quarter.
Reyna Silver Corp. announces Carmen Amezquita’s resignation from its Board to pursue other professional commitments. The Board thanks her for her contributions over the past two years and wishes her success
Silver Spruce Resources, Inc. finalized an amended Option Agreement for the Pino de Plata project in Chihuahua, Mexico, simplifying terms to earn 100% interest. The deal includes a $10,000 payment and a 10% future sales participation right over three years, eliminating prior cash, share payments, and royalties. The agreement awaits a landowner access deal to proceed with exploration, including Phase 1 drilling.
Pinnacle Silver and Gold Corp. (TSXV: PINN) reports high-grade gold-silver mineralization at the Pinos Cuates Mine, Durango, Mexico. Underground sampling yielded up to 19.4 g/t Au and 266 g/t Ag over 4.1m. Surface mapping traced the Dos de Mayo vein for 1.6km, with grab samples up to 13.2 g/t Au and 2,280 g/t Ag, indicating drill targets.
Orogen Royalties Inc. reports a profitable Q1 2025 with $1.8M net income, up 500% from 2024, driven by $2.1M in royalty revenue from the Ermitaño mine. Drilling at the Navidad discovery expanded the mineralized area, enhancing potential mine life. The company maintains strong working capital of $28M and no debt, with ongoing exploration and a pending $421M acquisition by Triple Flag Precious Metals. (60 words)
Mako Mining Corp. reported record Q1 2025 results, with $31.8M in gold sales, $19.9M in Mine Operating Cash Flow, $16.1M in Adjusted EBITDA, and $9.4M in Net Income. The company sold 10,817 oz of gold at $2,915/oz, with Cash Costs at $1,239/oz and AISC at $1,411/oz. The Moss Mine acquisition boosted results, while exploration continues at Eagle Mountain.
Alamos Gold’s May 29, 2025 AGM: All director nominees elected (>98% support), including new members Alexander Christopher, Chana Martineau, and Richard McCreary. David Gower retired after 16 years. Auditor re-appointed; incentive plans, shareholder rights plan, and executive compensation approved; one shareholder by-law proposal rejected.
Mithril Silver and Gold Limited (ASX:MTH) has requested a trading halt on its securities, pending a forthcoming announcement. The halt will remain in place until the announcement is released or normal trading resumes on June 3, 2025, unless otherwise decided by the ASX. This action is issued by ASX Compliance.
Pan American Silver Corp. (NYSE: PAAS, TSX: PAAS) released its 2024 Sustainability Report, detailing ESG achievements: reduced water use by 220,000 m³, surpassed GHG emissions reduction targets, invested US$20.3M in communities, and increased women hires to 23%. The report aligns with GRI, SASB, and TCFD standards. S&P Global ranked Pan American in the top 7% of the Metals & Mining industry.
Fresnillo PLC faces a potential USD630 million payment to a Mexican community for illegally mining their land, following a court-ordered review, per the Times. The court ruled Fresnillo must return the gold or pay its equivalent value. The company, challenging the review as an expert opinion, saw shares rise 0.1% to 1,135.00 pence, up 75% in 2025.
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