Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource

Axo Metals intersected 18.0 metres grading 8.15 g/t gold at the Sapuchi deposit within its San Antonio project in Sonora. Initial step-out drilling also encountered strong near-surface mineralization 750 metres beyond the existing resource, demonstrating potential to materially expand the project’s mineralized footprint.

Algo Grande Copper Intersects 30.23 Metres Grading 1.5% CuEq, including 3.55 Metres at 9.4% CuEq and 1.2-Metre Interval at 15.8% CuEq, 100 Metres Vertical Step-Out from Historical Intersects

Algo Grande Copper intersected 30.23 metres grading 1.5% CuEq at the Adelita Project in Sonora, including 3.55 metres at 9.4% CuEq and 1.20 metres at 15.8% CuEq. The shallower intercept confirms high-grade, multi-horizon copper-silver-gold skarn mineralization and expands the Cerro Grande mineralized footprint.

Oroco Continues South Zone Success

Oroco reported ten Phase 2 drill holes from the South Zone at Santo Tomás, Sinaloa. Highlights include 369.3 m grading 0.45% CuEq, 154 m at 0.51% CuEq and 103 m at 0.58% CuEq. Mineralization below current PEA pit limits indicates expansion potential and supports resource upgrading and prefeasibility work.

Riverside Resources Intersects Near-Surface Gold and Base Metal Mineralization at Union Norte and Advances Multiple Targets for Phase 2B Drilling

Riverside Resources’ Phase 2A drilling at the Union Project in Sonora intersected near-surface gold and base-metal mineralization. Union Norte returned 14.60 metres grading 0.45 g/t AuEq and 9.10 metres grading 0.76 g/t AuEq, including 1.50 metres at 3.38 g/t AuEq. Phase 2B drilling will test Union Norte, Union, Luis Hill and Jabalí.

Fresnillo plc – Planned CFO Succession

Fresnillo announced CFO Mario Arreguín will retire after 37 years with the group. Rodrigo Sandoval, formerly CFO of Grupo Gigante and Grupo México’s mining division, becomes CFO Designate on September 21 and formally assumes the role November 1. Arreguín will remain a senior adviser through January 2027 to support the transition.

Goldgroup Upsizes Private Placement to US$125 Million in Response to Strong Investor Demand

Goldgroup Mining increased its non-brokered private placement from US$75 million to US$125 million following strong investor demand. Proceeds will support working capital, advancement of its four precious-metals assets—including Don David, Cerro Prieto and San Francisco in Mexico—and potential acquisitions and strategic investments. Closing is expected September 30, subject to regulatory approvals.

Apollo Silver Reaffirms Its Support for Ejido Benito Juárez on Long Term Water Solutions

Apollo Silver reaffirmed its commitment to help Ejido Benito Juárez address water challenges affecting agriculture, livestock and livelihoods. The company proposes independent technical studies of the aquifer, springs and wells, followed by a jointly defined water program. Community consultations will continue while the resolution reinstating exploration at Cinco de Mayo takes effect.

Heliostar Announces Inclusion in the GDXJ

Heliostar Metals will be added to VanEck’s GDXJ Junior Gold Miners ETF following its September 2026 quarterly rebalance. The inclusion reflects Heliostar’s growth into a multi-asset Mexican gold producer and is expected to increase its institutional exposure, market visibility and trading liquidity.

Mining Americas Announces Change of Auditor

Mining Americas replaced McGovern Hurley LLP with Ernst & Young LLP as its auditor, effective September 10, 2026. The former auditor’s reports for the previous two financial years contained no reservations, and the company reported no disagreements or other reportable events associated with the change.

Goldgroup Highlights Its Two Producing Mines and Significant Growth Potential Across the Don David Gold Complex in Mexico

Goldgroup highlighted the Don David complex in Oaxaca, comprising the producing Arista and Alta Gracia underground mines, established processing infrastructure and a 55,119-hectare land package. A 34,250-metre 2026 drilling program targets resource expansion and new discoveries, while operational improvements aim to increase productivity, capacity and recoveries.

Apollo Silver Announces Ejido Vote on Mining Moratorium at Cinco de Mayo

Apollo Silver reported that the local ejido will vote on lifting the longstanding mining moratorium affecting the Cinco de Mayo project in Chihuahua. A favourable decision would enable negotiations for surface access and potentially restart exploration, although additional agreements and regulatory approvals would still be required.

Sierra Madre Onsite Power Generation Fully Functional at La Guitarra

Sierra Madre commissioned two 1,500-kW diesel generators at its producing La Guitarra silver-gold complex in Mexico. The fully functional system is intended to prevent losses from grid interruptions, which caused 278 hours—more than 11 days—of production downtime between January and August 2026, while supporting operating-cost reductions.

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Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource

Axo Metals intersected 18.0 metres grading 8.15 g/t gold at the Sapuchi deposit within its San Antonio project in Sonora. Initial step-out drilling also encountered strong near-surface mineralization 750 metres beyond the existing resource, demonstrating potential to materially expand the project’s mineralized footprint.

Algo Grande Copper Intersects 30.23 Metres Grading 1.5% CuEq, including 3.55 Metres at 9.4% CuEq and 1.2-Metre Interval at 15.8% CuEq, 100 Metres Vertical Step-Out from Historical Intersects

Algo Grande Copper intersected 30.23 metres grading 1.5% CuEq at the Adelita Project in Sonora, including 3.55 metres at 9.4% CuEq and 1.20 metres at 15.8% CuEq. The shallower intercept confirms high-grade, multi-horizon copper-silver-gold skarn mineralization and expands the Cerro Grande mineralized footprint.

Fresnillo plc – Planned CFO Succession

Fresnillo announced CFO Mario Arreguín will retire after 37 years with the group. Rodrigo Sandoval, formerly CFO of Grupo Gigante and Grupo México’s mining division, becomes CFO Designate on September 21 and formally assumes the role November 1. Arreguín will remain a senior adviser through January 2027 to support the transition.

Goldgroup Upsizes Private Placement to US$125 Million in Response to Strong Investor Demand

Goldgroup Mining increased its non-brokered private placement from US$75 million to US$125 million following strong investor demand. Proceeds will support working capital, advancement of its four precious-metals assets—including Don David, Cerro Prieto and San Francisco in Mexico—and potential acquisitions and strategic investments. Closing is expected September 30, subject to regulatory approvals.

Apollo Silver Reaffirms Its Support for Ejido Benito Juárez on Long Term Water Solutions

Apollo Silver reaffirmed its commitment to help Ejido Benito Juárez address water challenges affecting agriculture, livestock and livelihoods. The company proposes independent technical studies of the aquifer, springs and wells, followed by a jointly defined water program. Community consultations will continue while the resolution reinstating exploration at Cinco de Mayo takes effect.

Heliostar Announces Inclusion in the GDXJ

Heliostar Metals will be added to VanEck’s GDXJ Junior Gold Miners ETF following its September 2026 quarterly rebalance. The inclusion reflects Heliostar’s growth into a multi-asset Mexican gold producer and is expected to increase its institutional exposure, market visibility and trading liquidity.

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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