First Majestic Announces Second Gold-Silver Discovery Within a Year at Santa Elena and Expands High-Grade Mineralization at Navidad

First Majestic Silver Corp. announced a second significant gold and silver discovery at its Santa Elena property in Sonora, Mexico, within a year. The newly identified Santo Niño vein, located one kilometre south of the Santa Elena mine, and expanded drilling at the Navidad discovery have revealed high-grade mineralization, enhancing the district’s potential and extending mine life.

Aztec Announces 2025 Exploration Program at Cervantes Gold-Copper Project, Sonora, Mexico

Aztec Minerals Corp. launched a two-phase 2025 exploration program at its Cervantes porphyry gold-copper project in Sonora, Mexico. Phase 1 involves surface sampling and mapping at California East, North, and Brasil targets. Phase 2, post-rainy season, plans drilling to expand the California gold target and test Brasil, aiming to define open-pit, heap leach potential.

Kingsmen Reports Drilling to Commence at Las Coloradas Project, Mexico

Kingsmen Resources Ltd. (TSXV: KNG) has signed a diamond drill contract for its 100% owned Las Coloradas silver project in Chihuahua, Mexico. A 14-hole drill program targeting high-grade silver and gold in the Soledad structures begins immediately, with all permits secured. Assay results will be announced as received, potentially expanding drilling in 2025.

Mako Mining Intersects 39.15 g/t Au over 5.9 m (Estimated True Width) 19.2 m Below Surface In its Inaugural Drill Campaign at El Golfo

Mako Mining Corp. reports high-grade gold and silver results from its 2025 RC drilling at El Golfo, Nicaragua, with drill hole EJ25-RC53 intersecting 39.15 g/t Au and 27.8 g/t Ag over 8.0 m. The 3,000-meter program targets the underexplored 224 km² El Jicaro Concession, near Mako’s San Albino and Las Conchitas mines. Assay results from additional holes are pending.

Torex Gold Reports Latest Drilling Results from ELG Underground

Torex Gold Resources Inc. announced drilling results from the 2024 and early 2025 programs at ELG Underground, confirming high-grade mineralization and potential for extended mine life. Key intercepts include 12.18 gpt AuEq over 26.4 m and 8.98 gpt AuEq over 35.8 m. The 2025 program, with a $12 million budget, targets resource expansion and sustained production beyond 2030.

GR Silver Mining Announces Resumption of Plomosas Silver Project Field Work

GR Silver Mining Ltd. has resumed field work and drilling at the Plomosas Silver Project in Sinaloa, Mexico, after a temporary pause due to regional security concerns. The company is optimistic about expanding the San Marcial resource, with previous trench results showing high-grade silver. The focus is on step-out drilling and surface investigations, while prioritizing safety and assessing a potential bulk sampling program.

Mithril Silver and Gold Returns 11.5m @ 8.61 g/t Gold, 57.6 g/t Silver from 44.5 Metres in Hole T2DH25-006 at Target 2 Area, Copalquin Property, Mexico

Mithril Silver and Gold Limited announced high-grade gold and silver drill results at Target 2 (Las Brujas) in Mexico’s Copalquin district. Hole T2DH25-006 yielded 11.5m at 8.61 g/t gold and 57.6 g/t silver. Exploration advances across multiple targets, with new discoveries at El Peru and El Apomal, confirming the district’s large-scale mineral potential.

Vizsla Silver to Acquire Large Santa Fe Claim Package Including a Producing Mine Along Trend and Immediately South of Panuco

Vizsla Silver Corp. has agreed to acquire the Santa Fe Project, a 12,229 Ha site with a 350 tpd mill, south of its Panuco Project in Mexico. The deal includes cash and share payments for production and exploration concessions. The Santa Fe mine has processed 370,366 tonnes of ore since 2020, with significant exploration potential. The acquisition aims to boost Vizsla’s production profile.

Guanajuato Silver Provides Exploration Update

Guanajuato Silver Company Ltd. reported exploration progress at its El Cubo and San Ignacio mines in Guanajuato, Mexico. At El Cubo, 971.8 meters of drilling in Q1 2025 confirmed the San Luis vein’s continuity, with 6,500 meters planned for 2025 targeting multiple veins. At San Ignacio, a geophysical study west of the Santo Nino block will guide future drilling.

Canasil Completes 2023 and 2024 Audited Financial Statements and Files Annual Reports

Canasil Resources Inc. completed and filed its 2023 and 2024 Audited Financial Statements and Annual Reports on SEDAR+, bringing financial filings up to date. The Q1 2025 Quarterly Report will be delayed until June 16, 2025. The Company is working to revoke a Cease Trade Order to resume normal trading and is reviewing its mineral property portfolio.

Guanajuato Silver Posts Positive Mine Operating Income of US$4.8M in Q1, 2025

Guanajuato Silver reported record Q1 2025 results, with mine operating income of $4.8M (up 82%) and revenue of $21.3M (up 12%). Production reached 738,006 AgEq ounces, with cash costs at $19.19 and AISC at $23.41 per ounce. Adjusted EBITDA rose 135% to $4.1M. The company appointed Dan Oliver as Lead Independent Director.

Prime Announces Selection of Ausenco to Lead PEA Study Work

Prime Mining Corp. has selected Ausenco to conduct a Preliminary Economic Assessment (PEA) for its Los Reyes gold-silver project in Mexico, targeting completion in Q3 2025. The PEA will leverage extensive drilling and technical work, aiming for a high-return, low-capital project. Prime will continue exploration to expand resources and engage local communities.

Canuc Announces New Board Member

Canuc Resources Corporation (TSXV: CDA) appoints Kevin Olson, a seasoned oil and gas industry expert, to its Board of Directors. Olson’s extensive experience and network will support Canuc’s expansion in West Texas natural gas assets. The company also announces Paul Davis’s resignation from the Board, thanking him for his service. Canuc focuses on resource development and cash flow generation.

Riverside Resources Inc. Completes Spin-Out of Blue Jay Gold Corp. Shares

Riverside Resources Inc. and Blue Jay Gold Corp. completed a plan of arrangement on May 22, 2025, spinning out Blue Jay shares to Riverside shareholders. Each Riverside shareholder received one new Riverside share and 1/5th of a Blue Jay share per Riverside share held. Blue Jay, focused on gold exploration in Canada, will apply for TSXV listing, aiming to unlock value through its high-grade projects.

Kootenay Silver Provides Update on Upcoming Mineral Resource Estimate

Kootenay Silver Inc. is finalizing the maiden Mineral Resource Estimate for its Columba High Grade Silver Project in Chihuahua, Mexico, based on 211 drill holes totaling over 53,000 meters. The estimate, covering four main vein trends, is expected soon, with a follow-up 20,000–30,000-meter drilling program planned. Columba’s high-grade silver system remains open for further exploration.

Hecla Appoints Director

Hecla Mining Company (NYSE:HL) has appointed Dean Gehring to its Board of Directors, effective May 22, 2025. Gehring, with 34 years of mining industry experience, including executive roles at Newmont and Rio Tinto Minerals, brings technological expertise. A former intern at Hecla’s Lucky Friday mine, he holds degrees from the University of Idaho and the University of Aberdeen.

Questcorp Mining Issues Shares to Riverside Resources Inc. and Commences Planning at La Union Gold Project

Questcorp Mining Inc. issued 6,285,722 common shares (9.9% of outstanding shares) and paid $25,000 CAD to Riverside Resources Inc., per an option agreement dated May 5, 2025, for the La Union Project in Sonora, Mexico. This 2,520.2-hectare carbonate replacement deposit shows high-grade polymetallic mineralization. Riverside is planning geophysical surveys to enhance drill targets.

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First Majestic Announces Second Gold-Silver Discovery Within a Year at Santa Elena and Expands High-Grade Mineralization at Navidad

First Majestic Silver Corp. announced a second significant gold and silver discovery at its Santa Elena property in Sonora, Mexico, within a year. The newly identified Santo Niño vein, located one kilometre south of the Santa Elena mine, and expanded drilling at the Navidad discovery have revealed high-grade mineralization, enhancing the district’s potential and extending mine life.

Aztec Announces 2025 Exploration Program at Cervantes Gold-Copper Project, Sonora, Mexico

Aztec Minerals Corp. launched a two-phase 2025 exploration program at its Cervantes porphyry gold-copper project in Sonora, Mexico. Phase 1 involves surface sampling and mapping at California East, North, and Brasil targets. Phase 2, post-rainy season, plans drilling to expand the California gold target and test Brasil, aiming to define open-pit, heap leach potential.

Kingsmen Reports Drilling to Commence at Las Coloradas Project, Mexico

Kingsmen Resources Ltd. (TSXV: KNG) has signed a diamond drill contract for its 100% owned Las Coloradas silver project in Chihuahua, Mexico. A 14-hole drill program targeting high-grade silver and gold in the Soledad structures begins immediately, with all permits secured. Assay results will be announced as received, potentially expanding drilling in 2025.

Mako Mining Intersects 39.15 g/t Au over 5.9 m (Estimated True Width) 19.2 m Below Surface In its Inaugural Drill Campaign at El Golfo

Mako Mining Corp. reports high-grade gold and silver results from its 2025 RC drilling at El Golfo, Nicaragua, with drill hole EJ25-RC53 intersecting 39.15 g/t Au and 27.8 g/t Ag over 8.0 m. The 3,000-meter program targets the underexplored 224 km² El Jicaro Concession, near Mako’s San Albino and Las Conchitas mines. Assay results from additional holes are pending.

Torex Gold Reports Latest Drilling Results from ELG Underground

Torex Gold Resources Inc. announced drilling results from the 2024 and early 2025 programs at ELG Underground, confirming high-grade mineralization and potential for extended mine life. Key intercepts include 12.18 gpt AuEq over 26.4 m and 8.98 gpt AuEq over 35.8 m. The 2025 program, with a $12 million budget, targets resource expansion and sustained production beyond 2030.

Canasil Completes 2023 and 2024 Audited Financial Statements and Files Annual Reports

Canasil Resources Inc. completed and filed its 2023 and 2024 Audited Financial Statements and Annual Reports on SEDAR+, bringing financial filings up to date. The Q1 2025 Quarterly Report will be delayed until June 16, 2025. The Company is working to revoke a Cease Trade Order to resume normal trading and is reviewing its mineral property portfolio.

Guanajuato Silver Posts Positive Mine Operating Income of US$4.8M in Q1, 2025

Guanajuato Silver reported record Q1 2025 results, with mine operating income of $4.8M (up 82%) and revenue of $21.3M (up 12%). Production reached 738,006 AgEq ounces, with cash costs at $19.19 and AISC at $23.41 per ounce. Adjusted EBITDA rose 135% to $4.1M. The company appointed Dan Oliver as Lead Independent Director.

Prime Announces Selection of Ausenco to Lead PEA Study Work

Prime Mining Corp. has selected Ausenco to conduct a Preliminary Economic Assessment (PEA) for its Los Reyes gold-silver project in Mexico, targeting completion in Q3 2025. The PEA will leverage extensive drilling and technical work, aiming for a high-return, low-capital project. Prime will continue exploration to expand resources and engage local communities.

Canuc Announces New Board Member

Canuc Resources Corporation (TSXV: CDA) appoints Kevin Olson, a seasoned oil and gas industry expert, to its Board of Directors. Olson’s extensive experience and network will support Canuc’s expansion in West Texas natural gas assets. The company also announces Paul Davis’s resignation from the Board, thanking him for his service. Canuc focuses on resource development and cash flow generation.

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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