Month: April 2025

Masivo Signs Option Agreement for The Cerro Colorado Project

“With the option agreement signed and all necessary permits already in hand. We are fully prepared to move forward,” said David Coburn, CEO of Masivo Silver. “The drill targets are being carefully defined, being prioritized, and we are mobilizing immediately to begin drilling these high-grade silver zones. This is a significant milestone for the Cerro Colorado Project, and we are excited to start unlocking its full potential.”

Santo Tomás Project Moves Forward

“The state executive and federal technical meetings continued to provide commitments of strong Mexican Government support for the Santo Tomás Project. Coordinated by Congressional Deputy Mario Zamora and his staff, these meetings have led to a responsive and supportive dialogue with Mexico’s senior economic and mine development officials and we are extremely grateful for the guidance and support. The pathway forward for the continued development of the Santo Tomas Project is now clear,” commented the Oroco Chairman, Craig Dalziel.

Endeavour Silver Increases Previously Announced Bought Deal Financing to US$45 Million

Endeavour Silver has upsized its bought-deal financing to raise approximately US$45 million to help fund its US$145 million acquisition of Minera Kolpa and the Huachocolpa Uno Mine in Peru. The financing will be led by BMO Capital Markets. The company has filed a technical report including historical estimates, which require further work to be classified as current resources.

Canuc Closes Private Placement Tranche

Canuc Resources Corporation. announces closing of the first tranche of its previously announced private placement financing with gross proceeds of $2,270,000 and the issuance of 22,700,000 Units.

Equinox Gold Provides Update on the Los Filos Mine

Equinox Gold Corp. has indefinitely suspended operations at its Los Filos Mine in Guerrero, Mexico, following the expiry of its land access agreement with the community of Carrizalillo on March 31, 2025.

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