GR Silver Mining Reports High-Grade Silver Intercepts in San Marcial Area Step-Out Drilling. SMS25-12 Returns 5.0m at 232g/t Ag, from 332.6m downhole, including 0.9m at 956g/t Ag

GR Silver Mining (TSXV: GRSL) reported step-out drill results from San Marcial, Plomosas Project, Mexico. Hole SMS25-12 extended high-grade silver mineralization 75m below the current resource, intersecting 5.0m @ 232 g/t Ag (incl. 0.9m @ 956 g/t Ag and 0.2m @ 2,602 g/t Ag) plus 8.8m @ 121 g/t Ag. Mineralization remains open at depth; further expansion drilling planned for H1 2026.

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.

Zacatecas Silver Finalizes Land Access Agreements for Upcoming Drill Program

Zacatecas Silver finalized land-access agreements for its El Cristo Target drill program at the Zacatecas Silver Project in Mexico, enabling full access to the 3km vein system. With SEMARNAT permits underway, the company aims to test high-grade silver extensions, building on prior results like 829 g/t AgEq over 0.65m.

Mexican Gold Acquires Tatatila Project in Mexico

Mexican Gold acquired 100% interest in Chesapeake’s Tatatila Project (3,824 ha) in Veracruz, Mexico, adjoining Las Minas, for 4.45M shares ($222K value, 14.99% stake) and 1.5% NSR royalty (0.5% buy-back at US$500K). Shares subject to hold periods and 2.5-year lock-up; pending TSXV approval.

Capitan Silver Corp. Intersects 1,767 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 234.2 g/t Silver Equivalent over 25.9 Metres at the Jesus Maria Silver Trend

Capitan Silver Corp. reports high-grade silver mineralization at Cruz de Plata’s Jesus Maria trend, with drillhole 25-ERRC-26 intersecting 1,767 g/t AgEq over 1.5m within 234 g/t over 25.9m. Expands zones, identifies new structures like Peñoles Fault; ongoing 15,000m program with pending assays and resource update.

Heliostar Presents Third Quarter 2025 Financial Results

Heliostar Metals Q3 2025: Record 9,165 GEOs produced, 7,709 sold. Operating income $14.2M, net income $1.3M. Cash costs $1,500/GEO, AISC $1,825/GEO. Cash $34.6M, no debt. On track for 31-41k GEOs 2025 guidance with strong pipeline growth at Ana Paula.

Torex Gold Announces Renewal of Normal Course Issuer Bid

Torex Gold (TSX:TXG) renewed its NCIB, approved by TSX to repurchase up to 8,133,430 common shares (10% of public float) from Nov 21, 2025 to Nov 20, 2026. Purchases will be made on open market; all acquired shares cancelled. Program aims to return capital to shareholders.

Vizsla Silver Announces Proposed Offering of US$250 Million of Convertible Senior Notes

Vizsla Silver Corp. (TSX: VZLA | NYSE: VZLA) announced a proposed US$250M (upsizable to US$300M) offering of convertible senior unsecured notes due 2031. Net proceeds will fund exploration and development at the Panuco silver project, potential acquisitions, and general corporate purposes. A portion will finance cash-settled capped calls to reduce potential dilution upon conversion. Terms including interest rate and conversion rate to be set at pricing.

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.

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GR Silver Mining Reports High-Grade Silver Intercepts in San Marcial Area Step-Out Drilling. SMS25-12 Returns 5.0m at 232g/t Ag, from 332.6m downhole, including 0.9m at 956g/t Ag

GR Silver Mining (TSXV: GRSL) reported step-out drill results from San Marcial, Plomosas Project, Mexico. Hole SMS25-12 extended high-grade silver mineralization 75m below the current resource, intersecting 5.0m @ 232 g/t Ag (incl. 0.9m @ 956 g/t Ag and 0.2m @ 2,602 g/t Ag) plus 8.8m @ 121 g/t Ag. Mineralization remains open at depth; further expansion drilling planned for H1 2026.

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.

Zacatecas Silver Finalizes Land Access Agreements for Upcoming Drill Program

Zacatecas Silver finalized land-access agreements for its El Cristo Target drill program at the Zacatecas Silver Project in Mexico, enabling full access to the 3km vein system. With SEMARNAT permits underway, the company aims to test high-grade silver extensions, building on prior results like 829 g/t AgEq over 0.65m.

Heliostar Presents Third Quarter 2025 Financial Results

Heliostar Metals Q3 2025: Record 9,165 GEOs produced, 7,709 sold. Operating income $14.2M, net income $1.3M. Cash costs $1,500/GEO, AISC $1,825/GEO. Cash $34.6M, no debt. On track for 31-41k GEOs 2025 guidance with strong pipeline growth at Ana Paula.

Torex Gold Announces Renewal of Normal Course Issuer Bid

Torex Gold (TSX:TXG) renewed its NCIB, approved by TSX to repurchase up to 8,133,430 common shares (10% of public float) from Nov 21, 2025 to Nov 20, 2026. Purchases will be made on open market; all acquired shares cancelled. Program aims to return capital to shareholders.

Vizsla Silver Announces Proposed Offering of US$250 Million of Convertible Senior Notes

Vizsla Silver Corp. (TSX: VZLA | NYSE: VZLA) announced a proposed US$250M (upsizable to US$300M) offering of convertible senior unsecured notes due 2031. Net proceeds will fund exploration and development at the Panuco silver project, potential acquisitions, and general corporate purposes. A portion will finance cash-settled capped calls to reduce potential dilution upon conversion. Terms including interest rate and conversion rate to be set at pricing.

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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