Mogotes Metals Stock Price, News & Analysis

Mogotes Metals (OTCQB: MOGMF) completed its acquisition of a 100% interest in the Filo Sur project by issuing 4,687,500 common shares at $0.32 per share to Golden Arrow pursuant to the February 10, 2025 agreement.

The company granted Golden Arrow a 1.5% net smelter returns royalty (NSR), with Mogotes having the right to buy back 0.5% NSR for $2,000,000 (reducing the NSR to 1%). Mogotes also granted 640,000 stock options exercisable at $0.31 per share for two years, subject to a four-month hold period.

Mogotes Metals (OTCQB: MOGMF) will begin drilling key targets at its Filo Sur project in Argentina, with mobilization underway and pre‑drill works started.

The company plans up to two rigs for an initial ~5,000 metres of diamond drilling, starting at lower‑elevation targets Cruz del Sur and Stockwork Hills within weeks. Targets lie on trend 2.5 km south of the Filo Del Sol resource and include porphyry Cu and high‑sulfidation Au‑Ag prospects supported by MT/IP geophysics, trench channel assays and rock chips.

Mogotes Metals (OTCQB:MOGMF) has announced the granting of stock options to company insiders and consultants. The company has issued 3,535,000 stock options with an exercise price of $0.31 per share. The options have a two-year exercise period and the resulting shares will be subject to a four-month holding period from the grant date.

Mogotes Metals (OTCQB: MOGMF) has provided clarification regarding its option agreement dated July 29, 2025, to acquire 100% of the "La Perla Uno a Diez" mining concessions in Chile's Atacama Region. The agreement includes cash payments of US$200,000 over four years and share issuances starting with 411,764 common shares at $0.20 per share, followed by four annual share issuances each valued at US$70,000.

The share issuance price will be the greater of the closing price before announcement or $0.20 per share. If shares trade below the minimum price, adjustments will be made, with any shortfall payable in cash at Mogotes Chile's option.

Mogotes Metals (OTCQB: MOGMF) has announced significant findings from integrated 3D geophysical modeling at its Filo Sur project. The company has identified multiple large-scale anomalies, including the Los Mogotes target located 2.5km south of the BHP/Lundin Filo Del Sol resource, featuring a 1600m x 800m footprint.

The study revealed three major targets: Los Mogotes (porphyry copper target), Meseta (high sulfidation epithermal gold-silver target), and Cuenca (epithermal gold-silver target). Additionally, the company entered into an option agreement to purchase the La Perla mining concessions for USD$550,000 and 2,008,270 common shares.

The company has also engaged multiple investor relations firms including Torrey Hills Capital, Oak Hill Financial, and amended its agreement with Senergy Communications Capital.

Mogotes Metals has identified three new copper-gold-silver targets in the Los Mogotes Target Cluster, adjacent to the Filo Del Sol resource. The targets include: 1) Meseta - located 1km south of Filo del Sol, showing potential for Au-Ag High Sulfidation Epithermal (HSE) mineralization; 2) Los Mogotes - a 650m × 500m area with copper grades up to 0.59% Cu, accessible by road; and 3) Cuenca - a vein swarm target with gold-silver potential, showing assays up to 0.82 g/t Au and 12.75 g/t Ag. The company is conducting MT and IP geophysical surveys to further evaluate these targets, particularly to assess potential porphyry-style mineralization at depth. The properties are strategically positioned near Filo del Sol, which is now jointly owned by Lundin Mining and BHP.