Heliostar Commences Open Pit Mining at La Colorada Mine

Heliostar Metals has restarted open-pit mining at the Veta Madre pit at its La Colorada Mine in Sonora. Veta Madre contains 48,000 oz gold in reserves, while the expanded Veta Madre Plus pit targets an additional 20,000 oz. La Colorada remains on track for 20,000–22,300 oz gold production in 2026.

GoGold Commences Construction of the Fully-Funded Los Ricos South Mine

GoGold Resources commenced construction of the fully funded Los Ricos South Mine in Jalisco following receipt of its federal permit in June. The company has US$284 million cash and zero debt. Plant design is 85% complete, earthworks are underway, and underground development begins January 2027. First silver-gold production is targeted for June 2028.

Silverco Mining Provides La Negra Mine Operations Update

Silverco Mining reports operational improvements at La Negra, targeting 2,500 tpd nameplate capacity by H1 2027. Initiatives include a renewed underground fleet, dry-stack tailings system, improved grade control and campaign milling. A 15,000-metre exploration program is underway, while SGS prepares an updated resource estimate and PEA expected in late Q3 2026.

Goldgroup Reports Selected Drill Results Highlighting Growth Potential at Don David

Goldgroup completed 25,726 m of drilling in 123 holes at its Don David complex in Oaxaca. Results from the Arista and Alta Gracia mines included high-grade gold-silver intercepts, supporting near-term mine planning, production replacement and potential resource growth through extensions of multiple mineralized vein systems.

Sierra Madre Reports Solid Q2 2026 Financial Results, Advances Growth Plans

Sierra Madre reported Q2 2026 revenue of US$8.23M and gross profit of US$1.58M from La Guitarra. Throughput has increased 34% to 672 tpd, with Phase I expansion targeting 750–800 tpd by quarter-end. The company ended Q2 with US$25M working capital and continues ramping up Coloso and Nazareno.

Mammoth Begins Field Activities At Its Tenoriba Gold-Silver Property, Mexico

Mammoth Resources commenced field activities at its 100%-owned Tenoriba gold-silver project in Chihuahua. Work includes reviewing 55 historical drill holes, assessing access and drill pads for a permitted 60-hole maiden resource drilling program, and collecting bulk samples for advanced leach testing aimed at evaluating potential initial pilot-scale gold-silver production.

Algo Grande Copper Announces Upsizing of Private Placement

Algo Grande Copper upsized its non-brokered private placement from $3 million to $5 million, offering up to 8.33 million shares at $0.60 each. Proceeds will fund ongoing drilling and exploration at the 100%-owned Adelita copper-gold-silver project in Sonora, plus operating costs and working capital.

Silver Storm Closes $14.625 Million First Tranche, Upsizes to $21.0 Million

Silver Storm Mining closed the first tranche of its private placement, raising $14.625 million through 29.25 million units at $0.50. Eric Sprott invested $7.5 million. Strong demand prompted the Company to further increase the offering to up to $21 million, with proceeds supporting drilling at La Parrilla and working capital.

Guanajuato Silver Reports Second Consecutive Quarter of Positive Net Income

Guanajuato Silver reported its second consecutive profitable quarter, with Q2 2026 net income of US$557,000 on US$42.5 million revenue. Mine operating income reached US$9.1 million and adjusted EBITDA US$5.8 million. Silver production increased 2% to 347,481 ounces, while the Company substantially reduced debt and ended the quarter with US$19.9 million in cash and investments.

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Heliostar Commences Open Pit Mining at La Colorada Mine

Heliostar Metals has restarted open-pit mining at the Veta Madre pit at its La Colorada Mine in Sonora. Veta Madre contains 48,000 oz gold in reserves, while the expanded Veta Madre Plus pit targets an additional 20,000 oz. La Colorada remains on track for 20,000–22,300 oz gold production in 2026.

GoGold Commences Construction of the Fully-Funded Los Ricos South Mine

GoGold Resources commenced construction of the fully funded Los Ricos South Mine in Jalisco following receipt of its federal permit in June. The company has US$284 million cash and zero debt. Plant design is 85% complete, earthworks are underway, and underground development begins January 2027. First silver-gold production is targeted for June 2028.

Sierra Madre Reports Solid Q2 2026 Financial Results, Advances Growth Plans

Sierra Madre reported Q2 2026 revenue of US$8.23M and gross profit of US$1.58M from La Guitarra. Throughput has increased 34% to 672 tpd, with Phase I expansion targeting 750–800 tpd by quarter-end. The company ended Q2 with US$25M working capital and continues ramping up Coloso and Nazareno.

Mammoth Begins Field Activities At Its Tenoriba Gold-Silver Property, Mexico

Mammoth Resources commenced field activities at its 100%-owned Tenoriba gold-silver project in Chihuahua. Work includes reviewing 55 historical drill holes, assessing access and drill pads for a permitted 60-hole maiden resource drilling program, and collecting bulk samples for advanced leach testing aimed at evaluating potential initial pilot-scale gold-silver production.

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