Mines

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

/ gambusinoprospectormexico / Leave a comment

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.