Quarterly Reports

The Mining and Exploration News in Mexico: Highlights on the First Week of May, 2026

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By Miguel A Heredia

During the 19th week of the year (May 4 to May 10, 2026), at least 27 press releases were issued by companies operating in Mexico. Of these, twelve related to deals and corporate matters, eight reported production results, three presented exploration results, two covered resource and development updates, one addressed Mexico-related issues, and one announced financing activities.  ON MEXICO ISSUES, Orla Mining announced steps it has taken to protect labour rights at its Camino Rojo mine in Zacatecas. ON EXPLORATION, In Sonora, Riverside reported high-grade gold, silver, and base metals assays from Phase 2 Field Work at La Union Project. In Durango, Pinnacle commenced an underground delineation drilling program at its El Potrero project, and Capitan Silver received final interpretative products and reports from its property-wide Airborne Magnetotelluric geophysical survey conducted at its Cruz de Plata project.  ON MINING, Aura, Endeavour, GoGold, Pan American Silver, Torex Gold, Gold Resource, and Gold Royalty reported Q1, 2026 financial and operational results. Discovery Silver announced that it will release its Q1, 2026 financial and operational results on May 14, 2026. ON FINANCING,  Silver Spruce announced extension of non-brokered private placement.  ON RESOURCES AND DEVELOPMENT, Luca Mining released assay results from its ongoing 2026 drilling program at the Tahuehueto mine in Durango. Sonoro announced that it will be completing a two-phased exploration campaign at its flagship Cerro Caliche project in Sonora, including 50,000m of RC drilling, as well as soil and rock sampling programs. ON DEALS AND CORPORATE ISSUES, Angel Wings has undertaken a strategic review of all of its properties, to identify a suitable joint venture partner for its prospective La Reyna project. Aura declared dividend of USD $0.78 per common share based on Q1, 2026 results. Heliostar announced the appointment of Dennis Wilson as Vice President, Health, Safety, Environment, and Sustainability, and Hernan Dorado as Vice President of Operations.  Orogen announced the appointment of Chad Wells to the Board of Directors. Silver Viper completed acquisition of Coneto project, Durango. Orex completed sale of Coneto project, Durango to Silver Viper. Silver Spruce announced Change to Director Slate for its annual general and special meeting of shareholders and reported voting results. Pan America Silver and Torex Gold announced an enhanced shareholder return in 2026 through a combination of dividends and common share repurchases, including capital return. Capitan Silver reported voting results from its annual general and special meeting of shareholders, and adopted a shareholder rights plan and a 10% fixed omnibus equity incentive plan.  Radius Gold announced the adoption of semi-annual financial reporting. ON SOCIAL RESPONSIBILITY, No relevant news.

ON MEXICO ISSUES

  • Orla Mining Takes Action to Protect Labour Rights at Camino Rojo: Orla Mining Ltd

ON EXPLORATION

  • Riverside Resources Reports High-Grade Gold, Silver and Base Metal Assays from Phase 2 Field Work at La Union Project: Riverside Resources Inc
  • Pinnacle Commences Underground Delineation Drilling Program at El Potrero: Pinnacle Silver And Gold Corp
  • Capitan Silver Receives Final Results from Airborne Geophysics Program for the Cruz De Plata Project: Capitan Silver Corp.

ON MINING

ON FINANCING

ON RESOURCES AND DEVELOPMENT

  • Luca Intersects 6.8 Metres of 5.5 g/t Gold Equivalent at Tahuehueto Mine – Further Expanding High-Grade Mineralization Proximal to Existing Workings: Luca Mining Corp
  • Sonoro Gold Commences 50,000 meter Drilling Program: Sonoro Gold Corp

ON DEALS AND CORPORATE ISSUES

  • Angel Wing Sells Ontario Quartz Lake Claims to Kenorland, Advances Corporate Strategy: Angel Wing Metals Inc
  • Aura Declares Dividend of US$0.78 Per Share and US$0.26 Per BDR Based on Q1 2026 Results, Resulting in a Dividend Yield of 4.5% in the LTM: Aura Minerals Inc
  • Heliostar Announces Addition to Management Team and Ana Paula Focused Reorganization: Heliostar Metals Ltd
  • Orogen Royalties Appoints Mr. Chad Wells to the Board of Directors: Orogen Royalties Inc
  • Silver Viper Minerals Completes Sale of the Coneto Silver-Gold Project: Silver Viper Minerals Corp
  • Orex Minerals Inc. Completes Sale of Coneto Silver-Gold Project to Silver Viper Minerals: Orex Minerals Inc
  • Silver Spruce Resources Inc. Announces  Change to Director Slate for Annual General and Special Meeting of Shareholders: Silver Spruce Resources Inc
  • Silver Spruce Resources Inc. Announces Results of Annual and Special Meeting of Shareholders: Silver Spruce Resources Inc
  • Pan American Silver Targets Up to $1 Billion in Shareholder Returns in 2026 Through Enhanced Shareholder Return Framework: Pan American Silver Corp
  • Torex Gold Reports Enhanced Return of Capital Program: Torex Gold Resources Inc
  • Capitan Silver Announces Annual General and Special Meeting and Adoption of Omnibus Equity Incentive Plan and Shareholder Rights Plan: Capitan Silver Corp
  • Radius Gold Adopts Semi-Annual Financial Reporting: Radius Gold Inc

ON SOCIAL RESPONSIBILITY

  • No relevant news.

Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.

On the picture below, a rhyolite flow of the Upper Volcanic Supergroup of the Sierra Madre Occidental in Chihuahua, Mexico.  Photo taken by Miguel A Heredia.

The Mining and Exploration News in Mexico; Highlights on the Fifth Week of April 2026

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By Jorge Cirett

During the 18th week of the year (April 27th to May 3rd, 2026), companies working in Mexico released 26 press releases. One company informed on early-stage property work, nine companies presented quarterly and/or full-year reports. One company updated on a financing round, two more are to trade on additional markets and one informed on its reporting policies. Two companies released drill results on their advanced project/mine, one more presented a MRE and another one contracted mineral estimation services. One company signed a definitive agreement on an acquisition, two companies announced their AGM’s results, one a management update and one more the election of directors. ON MEXICO ISSUES, several mining unions made clear their repulsion to the law amendments that severely restricted their participations on companies’ earnings. ON EXPLORATION, in Sinaloa, Mercado Minerals released drilling results on Copalito.  ON MINING, Gold Royalty, Orogen Royalties, Guanajuato Silver, Sierra Madre Gold and Silver, Capstone Copper, Alamos Gold, Agnico Eagle, Americas Gold and Silver and Minera Alamos reported quarterly and/or yearly results. ON FINANCING, Sonoro Gold closed a C$12.2 M private placement. Pinnacle Silver and Gold and Silver Viper started trading on different markets. Silver Spruce announced its reporting policies. ON RESOURCES AND DEVELOPMENT, Silver Storm released drilling results from La Parrilla, in Durango. Guanajuato silver filed the MRE on Bolañitos, Guanajuato. Luca Mining presented assays from drilling at Campo Morado, in Guerrero. Aztec Minerals engaged a service company to elaborate the MRE on Cervantes, Sonora. ON DEALS AND CORPORATE ISSUES, Silverco Mining executed the definitive agreement to acquire Nuevo Silver (La Negra, Querétaro). Chesapeake Gold is now a member of the Mining Association of Canada. Pan Amnerican Silver and Capstone Copper announced theirs AGM’s results. Agnico Eagle announced the election of directors. ON SOCIAL RESPONSIBILITY, First Majestic Silver announced its 2025 sustainability report.

ON MEXICO ISSUES

ON EXPLORATION

  • Mercado Minerals Intersects 6.50 Metres of 256 g/t Silver and 1.46 g/t Gold from 43.60 m Depth at 5 Senores Vein Copalito Project: Mercado Minerals (Copalito, Sinaloa)

ON MINING

  • Gold Royalty Announces Record First Quarter 2026 Preliminary Results: Gold Royalty    (Cozamin, Zacatecas)
  • Orogen Royalties Reports Record Revenue and Strong Earnings Growth in 2025: Orogen Royalties (royalty on Ermitaño, Sonora)
  • Guanajuato Silver Announces Year-End and Q4 2025 Results: Guanajuato Silver
  • Sierra Madre Reports Q4 and Year-End 2025 Financial Results, Positive Operating Performance: Sierra Madre Gold and Silver (La Guitarra, Estado de México) The company sold 271.2 K Oz Ag, 4,041 Oz Au, or 628.2 K Oz AgEq during 2025.
  • Capstone Copper Reports First Quarter 2026 Results: Capstone Copper (Cozamin, Zacatecas). The company produced 5,930 tonnes Cu at cash cost $0.71 per Lb Cu at Cozamin.  
  • Alamos Gold Reports First Quarter 2026 Results: Alamos Gold (Mulatos, Sonora). The company produced 32,700 Oz Au at cash cost $971 per Oz Au and mine-AISC of $995 per Oz Au at the Mulatos district.
  • Agnico Eagle Reports First Quarter 2026 Results, Including Record Quarterly Operating Margins and Adjusted Net Income: Agnico Eagle Mines (Pinos Altos, Chihuahua)
  • Americas Gold and Silver Provides Notice of First Quarter 2026 Results and Conference Call: Americas Gold and Silver (Cosalá, Sinaloa)
  • Minera Alamos Reports Fourth Quarter and Full Year 2025 Results; Record Quarterly Revenue of C$43.6 Million and Record Earnings from Mine Operations of C$20.1 Million: Minera Alamos (Santana, Sonora)

ON FINANCING

  • Sonoro Gold Announces Closing of Oversubscribed $12.2 Private Placement: Sonoro Gold  (Cerro Caliche, Sonora)
  • Pinnacle Commences Trading on OTCQB: Pinnacle Silver and Gold (Potrero, Durango)
  • Silver Spruce Resources Inc. Announces Adoption of Quarterly Reporting Exemption Under Coordinated Blanket Order 51-933: Silver Spruce Resources (Pino de Plata, Chihuahua)
  • Silver Viper Minerals Upgrades to OTCQX Best Market: Silver Viper Minerals (La Virginia, Sonora)

ON RESOURCES AND DEVELOPMENT

  • Silver Storm Drills 473 g/t Ag.Eq Over 3.6 m and 137 g/t Ag.Eq Over 12.0 m, Extends the San Nicolás Zone at Depth: Silver Storm. (La Parrilla, Durango)
  • Guanajuato Silver Files Technical Report for Bolañitos Mine: Guanajuato Silver (Bolañitos, Guanajuato) The deposit contains 22.2 M Oz AgEq, in all categories
  • Luca intersects 118 Metres of 2.5 g/t Gold, 78.0 g/t Silver, 0.8% Copper, 0.6% Pb and 2.0% Zinc at Largo Norte Zone, Campo Morado Mine: Luca Mining (Campo Morado, Guerrero)
  • Aztec Minerals Engages APEX Geoscience Ltd. to Commence Maiden Mineral Resource Estimates on the Tombstone and Cervantes Projects: Aztec Minerals (Cervantes, Sonora)

ON DEALS AND CORPORATE ISSUES

  • Silverco Mining Executes Definitive Agreement for the Acquisition of Nuevo Silver: Silverco Mining: (Cusi, Chihuahua; La Negra, Querétaro)
  • Chesapeake Announces Membership in the Mining Association of Canada; Management Update: Chesapeake Gold (Metates, Durango)  
  • Pan American Silver Announces Results of Annual General and Special Meeting: Pan American Silver (La Colorada, Zacatecas)
  • Capstone Copper Announces 2026 Annual General Meeting Results: Capstone Copper (Cozamin, Zacatecas)
  • Agnico Eagle Announces Election of Directors: Agnico Eagle Mines

ON SOCIAL RESPONSIBILITY

  • First Majestic Announces 2025 Sustainability Report and Mailing of 2026 AGM Meeting Materials: First Majestic Silver  (Santa Elena, Sonora)

On the image below: Epithermal quartz veining and pyrite in volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.