Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds to the Company of C$8,720,400. The Private Placement consisted of 36,335,000 units of the Company at a price of C$0.24 per Unit.

“I am extremely proud of all Vizsla employees and contractors working at the Panuco Project,” commented Michael Konnert, President & CEO. “Since 2019, when work began at Panuco, the Company has been committed to responsible mining done right.”

“We are extremely pleased to have the opportunity to develop and explore the El Potrero Property,” stated Robert Archer, Pinnacle President & CEO. “It is centered in a well-mineralized district and has had high-grade historic production of its own, yet the four-kilometre strike length of the vein system has not been drilled or systematically explored by modern methods. Average gold and silver grades are reported to be in the range of 10.3 g/t gold equivalent or 845 g/t silver equivalent.”

Golden Goliath CEO Paul Sorbara said, “Golden Goliath is focussed on the exploration of its two 100% owned gold properties in Ontario; Wish Ore, near Sault Ste Marie, and our Dixie Road project, located just south of the Kinross Great Bear deposit south of Red Lake. Golden Goliath also has four REE projects in Quebec. We are reducing carrying costs and gaining working capital by divesting of our assets in Mexico.”

Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, announces that the final tabulation for the recently announced non-brokered private placement is a total of 35,918,000 units at a price of $0.24 per Unit for gross proceeds of C$8,620,320.

Southern Silver Exploration Corp. reports that all resolutions as set out in the Company’s notice of meeting and information circular were passed by the requisite majority of shareholders at its annual general meeting held on October 23, 2024.

Goldgroup CEO, Ralph Shearing, commented, “Goldgroup has made significant progress toward doubling Cerro Prieto’s production. Should we achieve the increased recoveries obtained in our most recent metallurgical testing during expanded production upon completing crushing improvements, the project will no doubt see a significant increase in gold production and therefore, expected cash flows.”