Goldgroup Provides Update on Technical Studies, Exploration and Drilling Programs

Goldgroup updated work across four assets: San Francisco has 26,000 metres of drilling plus technical studies and mine planning for a potential restart; Don David completed 25,726 metres in 123 holes through July, mainly for resource definition and expansion, alongside regional exploration; Cerro Prieto is assessing heap re-leaching with sonic drilling; Back Forty’s feasibility study continues.

Sierra Madre Commences 30,000 Metre Drill Program in the East District of La Guitarra

Sierra Madre has started a 30,000-metre drill program in La Guitarra’s East District, where mapping has outlined vein systems spanning more than 39 km. A purpose-built rig arrived October 29; the first 11 sub-horizontal holes will target Magdalena and Los Locos at projected depths exceeding 1,000 metres. October mill throughput averaged 751 tonnes per day.

Chesapeake Mobilizes a Drill Program at Lucy

Chesapeake has mobilized a fully funded 5,000-metre drill program at Lucy after geochemical work expanded the gold-mineralized surface footprint from 700 metres to 2 kilometres. Central Corridor trenching returned 7.5 metres grading 1.97 g/t gold. Drilling will test the Discovery and Central corridors and geophysical anomalies; first assays are expected in Q1 2027.

Pacifica Silver Intersects 5.04 m of 8.72 g/t Au and 49 g/t Ag in 500 m Step-Out, Outlining New High-Grade Shoot on Central Vein at Claudia

Pacifica reported 27 Phase II holes at Claudia. A 500-metre step-out on the Central Vein returned 5.04 metres estimated true width at 8.72 g/t gold and 49 g/t silver (799 g/t AgEq), outlining a high-grade shoot over approximately 750 metres of strike. Aguilareña extended 700 metres south; drilling reached 27,941 of 30,000 metres, with a maiden resource estimate planned for 2027.

Algo Grande Copper Makes New Skarn Discovery at Adelita; Step-Out Hole AG-CG-PH2-003 Returns a Combined 139.81 Metres of 1.3% CuEq from Cerro Grande and the New Margarita Skarn

Algo Grande Copper discovered the gold-rich Margarita skarn at its Adelita project in Sonora, Mexico. Hole AG-CG-PH2-003 returned separate intervals totaling 139.81 metres grading 1.3% copper equivalent, including 87.98 metres at 1.6% CuEq in Cerro Grande 2. Margarita returned 14.37 metres at 1.1% CuEq, approximately 250 metres from previously intersected mineralization.

Axo Metals Drilling Intercepts 48.0 Metres of 1.18 g/t Au From Surface at Recently Discovered Luz del Cobre Target; Additional Results Include 3.94 g/t Au Over 15.0 Metres

Axo Metals reported 33 holes totaling about 3,700 metres at San Antonio. Luz del Cobre returned 48.0 metres grading 1.18 g/t gold from surface and 15.0 metres at 3.94 g/t; drilling indicates at least 450 metres of mineralized strike. The company also terminated its La Gallina option, retaining the Juanes concession.

Silverco Mining Files NI 43-101 Technical Report for the La Negra Project PEA

Silverco filed the NI 43-101 technical report for its La Negra PEA in Querétaro. The study outlines an 8.2-year mine life averaging 4.1 million silver-equivalent ounces annually. At US$50/oz silver, after-tax NPV (5%) is US$329 million, with US$20.9 million initial capital and US$24.86/oz silver-equivalent AISC.

Silver Storm to Present at the 2026 Precious Metals Summit Zurich Conference

Silver Storm CEO Greg McKenzie will present at the 2026 Precious Metals Summit Zurich on November 10 at 2:00 p.m. CET at the Park Hyatt Zurich. He will also meet investors and discuss the company’s strategic direction as it ramps up operations at its 100%-owned La Parrilla Silver Complex in Durango, Mexico. The conference is invitation-only.

First Majestic Announces Q3 2026 Financial Results and Quarterly Dividend Payment

First Majestic reported Q3 2026 revenue of US$394.1 million, up 38% year over year, and net earnings of US$74.5 million. It generated US$85.5 million in free cash flow and ended the quarter with US$1.23 billion in treasury. Silver-equivalent production fell 11%, while AISC rose 46%; San Dimas remains suspended amid a labor dispute. The dividend is US$0.0142 per share. www2.newsfilecorp.com

Torex Resources Reports Q3 2026 Results

Torex Resources produced 131,900 oz AuEq in Q3, generating US$555 million in revenue, US$344 million in adjusted EBITDA and US$150 million in free cash flow. Net income was US$155 million; AISC was US$1,803 per oz AuEq sold, and liquidity reached US$563 million. Morelos throughput averaged 10,798 tpd; Media Luna North remains on track for first production in late 2026.

Pan American Silver Reports Third Quarter 2026 Financial Results

Q3: Pan American generated US$377 million in attributable free cash flow and returned US$300 million to shareholders; revenue was US$1.006 billion and net earnings US$357 million. Attributable production totaled 6.07 million ounces of silver and 167,900 ounces of gold. 2026 silver output is expected at guidance’s low end; gold guidance was reduced to 660,000–680,000 ounces, mainly due to Jacobina.

Torex Gold Changes Name to Torex Resources

Torex Gold Resources changed its name to Torex Resources following shareholder approval; TSX trading under ticker TXR began November 3. The rebrand reflects a broader gold-silver-copper profile following Media Luna’s ramp-up, with annual silver guidance of 2.5–2.8 million ounces and copper guidance of 70–75 million pounds. Its strategy remains unchanged.

Barksdale Commences Updated PEA for San Javier Copper-Gold Project, Adding Gold for the First Time and Current Consensus Metal Pricing

Barksdale Resources has begun updating the preliminary economic assessment for its wholly owned San Javier copper-gold project in Sonora, Mexico. The study will evaluate gold recovery for the first time, apply current consensus metal prices, and revise resources, pit design, costs and economics. Completion is expected in the fourth quarter of 2027.

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Goldgroup Provides Update on Technical Studies, Exploration and Drilling Programs

Goldgroup updated work across four assets: San Francisco has 26,000 metres of drilling plus technical studies and mine planning for a potential restart; Don David completed 25,726 metres in 123 holes through July, mainly for resource definition and expansion, alongside regional exploration; Cerro Prieto is assessing heap re-leaching with sonic drilling; Back Forty’s feasibility study continues.

Sierra Madre Commences 30,000 Metre Drill Program in the East District of La Guitarra

Sierra Madre has started a 30,000-metre drill program in La Guitarra’s East District, where mapping has outlined vein systems spanning more than 39 km. A purpose-built rig arrived October 29; the first 11 sub-horizontal holes will target Magdalena and Los Locos at projected depths exceeding 1,000 metres. October mill throughput averaged 751 tonnes per day.

Chesapeake Mobilizes a Drill Program at Lucy

Chesapeake has mobilized a fully funded 5,000-metre drill program at Lucy after geochemical work expanded the gold-mineralized surface footprint from 700 metres to 2 kilometres. Central Corridor trenching returned 7.5 metres grading 1.97 g/t gold. Drilling will test the Discovery and Central corridors and geophysical anomalies; first assays are expected in Q1 2027.

Silverco Mining Files NI 43-101 Technical Report for the La Negra Project PEA

Silverco filed the NI 43-101 technical report for its La Negra PEA in Querétaro. The study outlines an 8.2-year mine life averaging 4.1 million silver-equivalent ounces annually. At US$50/oz silver, after-tax NPV (5%) is US$329 million, with US$20.9 million initial capital and US$24.86/oz silver-equivalent AISC.

Silver Storm to Present at the 2026 Precious Metals Summit Zurich Conference

Silver Storm CEO Greg McKenzie will present at the 2026 Precious Metals Summit Zurich on November 10 at 2:00 p.m. CET at the Park Hyatt Zurich. He will also meet investors and discuss the company’s strategic direction as it ramps up operations at its 100%-owned La Parrilla Silver Complex in Durango, Mexico. The conference is invitation-only.

First Majestic Announces Q3 2026 Financial Results and Quarterly Dividend Payment

First Majestic reported Q3 2026 revenue of US$394.1 million, up 38% year over year, and net earnings of US$74.5 million. It generated US$85.5 million in free cash flow and ended the quarter with US$1.23 billion in treasury. Silver-equivalent production fell 11%, while AISC rose 46%; San Dimas remains suspended amid a labor dispute. The dividend is US$0.0142 per share. www2.newsfilecorp.com

Torex Resources Reports Q3 2026 Results

Torex Resources produced 131,900 oz AuEq in Q3, generating US$555 million in revenue, US$344 million in adjusted EBITDA and US$150 million in free cash flow. Net income was US$155 million; AISC was US$1,803 per oz AuEq sold, and liquidity reached US$563 million. Morelos throughput averaged 10,798 tpd; Media Luna North remains on track for first production in late 2026.

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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