Quarterly Reports
Santacruz Silver Reports Second Quarter 2026 Financial Results
LUCA MINING CORP. REPORTS $10.5 MILLION OF NET EARNINGS IN Q2
STARCORE Reports First Quarter Production Results
The Mining and Exploration News in Mexico: Highlights on the Second Week of August, 2026
Vuggy Quartz
By Miguel A Heredia
During the 33th week of the year (August 10 to August 16, 2026), at least 27 press releases were issued by companies operating in Mexico and 2 news published by the media. Of these, eight reported production results, eight related to deals and corporate matters, five covered resource and development updates, four addressed Mexican-related issues, three announcing financing activities, and one presented exploration results. ON MEXICO ISSUES, Stalled mining exploration puts Mexico’s industrial and energy future at risk. Government grants 12 concession titles to Industrias Peñoles and Minera Fresnillo; Ministry of Economy clarifies they are not new. Almaden provided an update on the international arbitration process with Mexico. Advance Metal and Oroco Resource reported the best drilling intercepts in Mexico on the second week of August, 2026. ON EXPLORATION, In Sonora, Algo Grande provided an update on its ongoing Phase II drill program at its Adelita project. ON MINING, Altius reported Q2, 2026 attributable royalty revenue of CAD $30M and adjusted earnings of CAD $7.6M. Americas Gold and Silver announced that it will discuss its Q2, 2026 results on August 14, 2026. Empress Royalty, Avino, Discovery, Pan American Silver, and Americas Gold and Silver reported Q2, 2026 financial and or operating results. GoGold reported Q3, 2026 financial results. ON FINANCING, DynaResource announced a non-brokered private placement for gross proceeds of USD $3M. Vortex closed first tranche of non-brokered private placement for gross proceeds of CAD $485,500. Algo Grande announced a non-brokered private placement for gross proceeds of up to CAD $3M to fund expansion of Phase II exploration program at the Adelita project in Sonora. ON RESOURCES AND DEVELOPMENT, Oroco released the third set of assay results from its Phase 2 Resource drilling program at its Santo Tomas project, Sinaloa. Advance Metals stated that its Gavilanes project in Durango is emerging as its flagship project with new high grade silver intersections. Platauro outlined exploration and development strategy and plans to update the geological model and economics study of its the Las Minas project in Veracruz. EV Resources executed a binding agreement to secure high-grade ore to commence Tecomatlán Antimony Processing Campaign. Goldgroup announced that it is advancing San Francisco Gold mine in Sonora toward potential production restart. ON DEALS AND CORPORATE ISSUES, Silver Spruce appointed Kevin Thieneman as CFO replacing Michael Kinley. Canuc informed that its common shares are now Depository Trust Company eligible in USA. Silverco appointed Jesus Velador as Vice President, Exploration, effective September 1, 2026. Silver Viper provided supplemental disclosure regarding certain marketing, investor relations, and media awareness service arrangements. Talamore announced graduation to Toronto Stock Exchange. Teck announced receipt of requisite consents and expiration of consent solicitation. Orogen Royalties reported voting results from its annual general meeting of shareholders. Silver Spruce entered into debt settlement agreements to settle outstanding indebtedness of CAD $66,125 for an amount of CAD $20,000. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
- Exploración minera frenada pone en riesgo el futuro industrial y energético de México: Gabriel Benitez El Sol de Hermosillo
- Gobierno da 12 Títulos de Concesión a Industrias Peñoles y Minera Fresnillo; Economía Aclara que No Son Nuevas: Enrique Hernandez Forbes
- Almaden Provides Update on Arbitration Process with Mexico, Hearing Date Rescheduled: Almaden Minerals Ltd
- Mexico´s Best Drilling Intercepts, Second Week of August 2026: Gambusino Prospector de Mexico
ON EXPLORATION
- Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remains Mineralized at Depth: Algo Grande Copper Corp
ON MINING
- Altius Reports Q2 2026 Attributable Royalty Revenue of $30.0M and Adjusted Earnings(1) of $7.6M: Altius Minerals Corporation
- Americas Gold and Silver Provides Notice of Second Quarter 2026 Results and Conference Call: Americas Gold and Silver Corporation
- Empress Reports 2026 Second Quarter Financial Results: Empress Royalty Corp
- Avino Reports Q2 2026 Financial Results: Avino Silver & Gold Mines Ltd
- Discovery Reports Record Revenue, Strong Year-Over-Year Earnings Growth in Q2, 2026: Discovery Mining Ltd
- Pan American Silver Reports Second Quarter 2026 Financial Results: Pan American Silver Corp
- Americas Gold and Silver Reports Financial Results for Q2, 2026 Highlighted by Strong Operational Performance at Cosalá and Upgrade Project Progress at the Galena Complex: Americas Gold and Silver Corporation
- GoGold Announces Q3 Financial Results: GoGold Resources Inc
ON FINANCING
- DynaResource Announces US$3.0 Million Private Placement Financing: DynaResource Inc
- Vortex Metals Closes First Tranche of Non-Brokered Private Placement: Vortex Metals Inc
- Algo Grande Copper Announces $3M Private Placement to Fund Expansion of Phase II Exploration Program at the Adelita Project: Algo Grande Copper Corp
ON RESOURCES AND DEVELOPMENT
- Oroco Drills 26.48m of 1.18% CuEq in South Zone: Oroco Resource Corporation
- Gavilanes Emerges as Advance’s Flagship Project with New High Grade Silver Intersections: Advance Metals Limited
- Platauro Metals Corp., Outlines Exploration and Development Strategy: Platauro Metals Corp
- EVR Secures High-Grade Ore to Commence Tecomatlán Antimony Processing Campaign: EV Resources Limited
- Goldgroup Advances San Francisco Toward Potential Production Restart: Goldgroup Mining Inc
ON DEALS AND CORPORATE ISSUES
- Silver Spruce Resources, Inc. Announces New Chief Financial Officer: Silver Spruce Resources Inc
- Canuc Announces DTC Eligibility for Company Shares: Canuc Resources Corporation
- Silverco Mining Announces Appointment of Dr. Jesus Velador as Vice President, Exploration: Silverco Mining Ltd
- Silver Viper Provides Updates Regarding Investor Relation Arrangements: Silver Viper Minerals Corp
- Talamore Announces Graduation to Toronto Stock Exchange: Talamore Mining Corp
- Teck Announces Receipt of Requisite Consents and Expiration of Consent Solicitations: Teck Resources Limited
- Orogen Royalties Announces Results of the 2026 Annual General Meeting: Orogen Royalties Inc
- Silver Spruce To Settle Outstanding Indebtedness: Silver Spruce Resources 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, Vuggy Quartz in a high-sulphidation epithermal system in a project at Jalisco, Mexico. Photo taken by Miguel A Heredia.
The Mining and Exploration News in Mexico; Highlights on the First Week of August 2026
By Jorge Cirett
During the 32nd week of the year (August 3rd to August 9th, 2026), 27 companies working in Mexico posted press releases. Three companies presented activities on early-stage work properties. Five companies presented quarterly reports, one began underground mining development, and one more obtained a substantial drilling permit. Six companies announced financings or share related events. One company presented a PEA, two more companies presented drilling results and one more reported exploration activities, all on advanced properties. Five companies presented news on deals and corporate issues. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, In Sonora, Tocvan Ventures presented drilling results from Gran Pilar; Defiance Silver received the drilling permit for El Espíritu. In Durango, Pinnacle Silver and Gold reported underground sampling results. ON MINING, Elemental Royalty, Equinox Gold, Gold Royalty, Coeur Mining, Heliostar Metals, Torex Gold informed on quarterly reports. Silverco Mining began underground development at Cusi, in Chihuahua. Guanajuato Silver Company received the drilling permit for El Horcón, in Guanajuato. ON FINANCING. Teck announced the commencement of consent solicitation. Chesapeake Gold announced stock option grant. Aura Mining and Equinox Gold informed on dividends. Endeavour Silver announced a revolving credit facility. Santacruz Silver Mining announced equity incentive grants. ON RESOURCES AND DEVELOPMENT, Kootenay Silver filed a PEA on La Cigarra, Chihuahua. Silver Storm Mining reported results from drilling at La Parrilla, in Durango. Luca mining released drilling results from its Campo Morado mine in Guerrero. Oroco Resource informed on exploration work at Santo Tomás, in Sinaloa. ON DEALS AND CORPORATE ISSUES, Vizsla Silver announced an appointment. Empress Royalty acquired a royalty portfolio. Almadex Minerals completed the sale of a royalty interest. Silver Hammer is acquiring Stroud Resources and Silvermark Resources. Dyna Resource announced a favorable ruling. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
- No Relevant News
ON EXPLORATION
- Pinnacle Reopens Additional Historic Mine Workings at El Potrero and Samples up to 26.1 g/t Au and 511 g/t Ag: Pinnacle Silver and Gold (El Potrero, Durango)
- Defiance Silver Receives Approval for up to 172 Drill Sites at Espiritu Copper Target, Sonora: Defiance Silver (Espíritu, Sonora)
- Tocvan Drills Significant Discovery on Mezquite Trend Gran Pilar 215M of 0.6 g/t Au, from 36.6 mDownhole: Tocvan Ventures (Gran Pilar, Sonora)
ON MINING
- Silverco Mining Begins Underground Development at Cusi, Restart Remains on Budget and on Schedule: Silverco Mining (Cusi, Chihuahua)
- Guanajuato Silver Receives Drilling Permits for El Horcon Project: Guanajuato Silver Company (El Horcón, Guanajuato)
- Elemental Royalty to Release Q2 2026 Results on August 11, 2026: Elemental Royalty (royalty on Mercedes, Sonora)
- Equinox Gold Delivers Strong Second Quarter Results; Increases 2026 Production Guidance Following Successful Completion of the Orla Mining Merger; Quarterly Dividend Increased by 50%: Equinox Gold (Los Filos, Guerrero)
- Gold Royalty Reports Record Six-Month Results with Continued Strong Cash Flow and Earnings Growth: Gold Royalty (Cozamin, Zacatecas)
- Coeur Reports Second Quarter 2026 Results: Coeur Mining (Palmarejo, Chihuahua)
- Heliostar Presents Q2 2026 Financial and Operating Results with Record Gold Production and Cash Balance: Heliostar Mining (Ana Paula, Guerrero)
- Torex Gold Reports Q2 2026 Results: Torex Gold (Morelos Complex, Guerrero)
ON FINANCING
- Teck Announces Commencement of Consent Solicitation: Teck Resources (San Nicolás, Zacatecas)
- Chesapeake Gold Announces Stock Option Grant: Chesapeake Gold (Metates, Durango)
- Aura Declares Dividend of US$0.72 Per Share and US$0.24 Per BDR Based on Q2 2026 Results, Resulting in a Dividend Yield of 4.3% in the LTM: Aura Mining (Aranzazu, Zacatecas)
- Equinox Gold Increases Cash Dividend by 50%; Declares Quarterly Cash Dividend of US$0.0225 per Common Share: Equinox Gold (Los Filos, Guerrero)
- Endeavour Silver Announces US$25 Million Revolving Term Credit Facility: Endeavour Silver (Terronera, Jalisco)
- Santacruz Silver Announces Equity Incentive Grants: Santacruz Silver Mining (Zimapán, Hidalgo)
ON RESOURCES AND DEVELOPMENT
- Oroco Reports Select Surface Sample of 7.57% Copper and Completion of Drone Magnetic Survey at Vainilla: Oroco Resource (Santo Tomás, Sinaloa)
- Luca Intersects 184 Metres of 1.2 g/t Gold, 72 g/t Silver, 0.4% Copper, 0.5% Lead, and 1.7% Zinc at the Largo Norte Zone, Campo Morado: Luca Mining (Campo Morado, Guerrero)
- Silver Storm Drills 215 g/t Ag.Eq(1,2) over 11.9 m and 200 g/t Ag.Eq over 15.4 m at the Rosarios Zone: Silver Storm Mining (La Parrilla, Durango)
- Kootenay Silver Files NI 43-101 Technical Report Supporting Positive PEA for the La Cigarra Silver Project: Kootenay Silver (La Cigarra, Chihuahua)
ON DEALS AND CORPORATE ISSUES
- Vizsla Silver Appoints Luis Lázaro as President, México: Vizsla Silver (Panuco, Sinaloa)
- Almadex Announces Completion of Sale of Royalty Interests: Almadex Minerals (Ixtaca, Puebla)
- Empress Announces Closing of Acquisition of North American Royalty Portfolio: Empress Royalty (Tahuehueto, Durango)
- Silver Hammer Announces Acquisitions of Stroud Resources and Silvermark Resources and Brokered Financing, Eric Sprott to Become Cornerstone Shareholder: Silver Hammer (Santo Domingo, Jalisco)
- Dyna Resource Announces Favorable Ruling in Amparo Proceedings: Dyna Resource (San José de Gracia, Sinaloa)
ON SOCIAL RESPONSIBILITY
- No Relevant News
On the image below: Complex Quartz/Oxidized-sulfide epithermal vein. Picture by Jorge Cirett