Queretaro

The Mining and Exploration News in Mexico; Highlights on the Fourth Week of May 2026

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By Jorge Cirett

During the 22nd week of the year (May 25th to May 31st, 2026), companies working in Mexico released 21 press releases. One company informed on early-stage property work while six companies presented quarterly reports. One company closed a credit facility, one other secured a working capital facility with the Mexican government, two companies increased their financing rounds, another company declared a dividend, while one more granted stock options. Two companies released drill results on their advanced projects. Two companies announced results of their AGM’s, one changed auditor, another one settled on gold delivery obligations and one other is to report semi-annually. ON MEXICO ISSUES, some paperwork for the mining industry has been simplified. EXPLORATION, in Querétaro, Starcore International Mines reached a community agreement at La Tortilla.  ON MINING, Orogen Royalty, Guanajuato Silver Company, Empress Royalty, Minera Alamos, Sailfish Royalty and Silverco Mining reported quarterly results. ON FINANCING. Minera Alamos closed a US$75 M revolving credit facility and granted stock options. Vizsla Silver secured a working capital agreement with the government for the Pánuco project in Sinaloa. Southern Empire Resources and Sonoro Gold increased their private placements to C$1.75 M and C$15 M respectively, Alamos Gold declared a quarterly dividend, Sonoro Gold.  ON RESOURCES AND DEVELOPMENT, Axo Metals released drilling results from the San Antonio project in Sonora. Minaurum Silver presented results from expansion drilling at the Alamos Silver project in Sonora. ON DEALS AND CORPORATE ISSUES, Americas Gold and Silver settled an agreement on a fixed gold delivery obligation. Sonoro Gold changed auditor. Alamos Gold and Elemental Royalty announced results from their respective AGM’s. Silver Viper adopted semi-annual reporting ON SOCIAL RESPONSIBILITY, Torex Gold released its “2025 Responsible  Gold Mining Report” (Morelos Complex, Guerrero). Pan American Silver released its “2025 Sutainability Report” (La Colorada, Zacatecas).

ON MEXICO ISSUES

  • Elimina Federación un trámite y simplifica 42 para inversiones mineras: News on Mexico

ON EXPLORATION

ON MINING

  • Orogen Reports Strong Q1 2026 Results with 144% Growth in Net Income: Orogen Royalties  (Ermitaño, Sonora)
  • Empress Reports 2026 First Quarter Financial Results: Empress Royalty (Tahuehueto, Durango)
  • Guanajuato Silver Delivers Record Revenue and Record Net Income in Q1, 2026: Guanajuato Silver Company (El Cubo, Guanajuato)
  • Minera Alamos Reports First Quarter 2026 Results, Setting Quarterly Records for Revenue of US$39.2 Million, Earnings of US$10.9 Million, and EBITDA of US$15.3 Million: Minera Alamos (Cerro de Oro, Zacatecas)
  • Sailfish Reports Q1 2026 Results: Sailfish Royalty (Royalty on Gavilanes, Durango)  
  • Silverco Mining Announces Filing of Q1 2026 Interim Financial Statements and MD&A: Silverco Mining (La Negra, Querétaro)  

ON FINANCING

  • Minera Alamos Closes US$75 Million Revolving Credit Facility with Scotiabank and National Bank, Strengthening Balance Sheet for Organic Growth Profile: Minera Alamos  (Santana, Sonora)
  • Vizsla Silver Secures Working Capital Facility with Mexican Government Financial Institution for Panuco Vizsla Silver (Pánuco, Sinaloa)
  • Southern Empire Increases Private Placement to $1,750,000 CAD Southern Empire Resources (Pedro, Durango)
  • Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases Under Normal Course Issuer Bid: Alamos Gold (Mulatos, Sonora)
  • Sonoro Gold Announces Increase in Private Placement to $15 Million Sonoro Gold (Cerro Caliche, Sonora)
  • Minera Alamos Announces Granting of Stock Options: Minera Alamos (Cerro de Oro, Zacatecas)

ON RESOURCES AND DEVELOPMENT

  • Axo Metals Intercepts 23.6 Metres of 2.13 g/t from Surface at the San Antonio Project: Axo Metals  (San Antonio, Sonora)
  • Minaurum Drills High-Grade Silver on the Europa Sur Vein Zone at the Alamos Silver Project: 3.20 m of 882 g/t AgEq and 6.20 m of 374 g/t AgEq Minaurum Silver  (Alamos Silver, Sonora)

ON DEALS AND CORPORATE ISSUES

  • Americas Gold and Silver Announces Agreement with Affiliate of Royal Gold to Settle Fixed Gold Delivery Obligation: Americas Gold and Silver  (Cosalá, Sinaloa)
  • Sonoro Gold Announces Change of Auditor Sonoro Gold (Cerro Caliche, Sonora)
  • Alamos Gold Announces Results of the Annual General Meeting of Shareholders: Alamos Gold (Mulatos, Sonora)
  • Elemental Announces Voting Results from its 2026 Annual General and Special Meeting Elemental Royalty (Royalty on Mercedes, Sonora)
  • Silver Viper Announces Adoption of Semi-Annual Reporting Framework: Silver Viper (La Virginia, Sonora)

ON SOCIAL RESPONSIBILITY

  • Torex Gold Releases 2025 Responsible Gold Mining Report Torex Gold (Morelos Complex, Guerrero)
  • Pan American Silver Releases 2025 Sustainability Report: Pan American Silver (La Colorada, Zacatecas)

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

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.