Gold

The Mining and Exploration News in Mexico: Highlights on the Second Week of August, 2026

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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

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

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

ON DEALS AND CORPORATE ISSUES

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.