Month: February 2026

Guanajuato Silver Sees Significant Growth in Resources at Valenciana

Guanajuato Silver Company reports 630% growth in Inferred Mineral Resources at Valenciana Mines Complex to 20.3 million AgEq oz (2.27 Mt @ 142.2 g/t Ag, 1.55 g/t Au; 10.4 Moz Ag, 113 Koz Au), with a 927% increase in tonnes. Indicated Resources rose 18%. Significant expansion potential highlighted.

Algo Grande Discovers Three New Skarn Horizons, Reports 36.00 Metres Above 1.0% Copper, Including 14.79 Metres of 1.4% Copper and Identifies Evidence for Porphyry Potential at Depth

Algo Grande Copper Corp. discovered three new skarn horizons at the Adelita Project (Cerro Grande), Sonora, Mexico. Drill hole AG_GC_002 intersected 36.00m >1.0% Cu, including 14.79m @ 1.4% Cu (plus Au/Ag). Cumulative 41.59m mineralization reported. Evidence of deeper porphyry potential via intrusive phases and high molybdenum.

Fortune Bay Announces Marketing Agreements

Fortune Bay Corp. (TSXV: FOR) announced marketing agreements: retained Machai Capital Inc. for 3-month digital marketing services (SEO, SEM, social media, etc.) for $400,000 cash plus 175,000 stock options ($0.90 exercise, 25% quarterly vesting, 1-year expiry). Previously engaged Epstein Research for US$6,000 (3 months). Both subject to TSX-V approval.

Heliostar Announces First Gold Pour from San Agustin Mine Restart

Heliostar Metals Ltd. announced the first gold pour from its restarted 100% owned San Agustin mine in Durango, Mexico, in late January 2026, completed on time and on budget after resuming operations in Q4 2025. The mine targets 30,000-32,700 oz gold in 2026 at ~$2,000 AISC, boosting output >60% yoy. A 10,000-15,000m drill program aims to extend mine life, with results expected mid-late Q1 2026.

Regency Silver Drills Third Hole into Broad Zones of Sulphide-Specularite Bearing Mineralization Drilling Ongoing

Regency Silver Corp. announced that its third drill hole (REG-26-28) at the Dios Padre project in Sonora, Mexico, intersected broad zones of sulphide-specularite bearing breccia and mineralization from ~430m to ~540m depth, including a 35m zone with chalcopyrite, pyrite, and intense alteration. Drilling continues, showing continuity with prior holes (assays pending).

Torex Gold Announces CEO Transition

Torex Gold Resources Inc. announced CEO transition: Jody Kuzenko (CEO since 2020, prior COO since 2018) will retire after the June 17, 2026 shareholder meeting following eight years with the company. Andrew Snowden, CFO since 2021, will succeed as President & CEO as part of long-term succession planning.

Tocvan Announces Upsize of Bought Deal Financing to $8.7 Million

Tocvan Ventures upsized its bought deal financing to C$8.7M, issuing 8,700,000 units at C$1.00 each (1 share + 1 warrant at C$1.40 for 36 months). Led by Stifel Canada, with over-allotment for 1,305,000 units. Funds advance Sonora gold projects and working capital. Closing expected ~Feb 19, 2026.

Alamos Gold Provides Three-Year Operating Guidance Outlining 46% Production Growth by 2028 at Significantly Lower Costs

Alamos Gold Inc. announced three-year operating guidance, projecting 46% production growth by 2028 to 755,000–835,000 ounces (from 2025 levels), driven by the Island Gold District expansion and Lynn Lake project. Costs are expected to drop significantly (around 20–24% in AISC and cash costs), with longer-term output reaching ~1 million ounces annually by 2030.

Tocvan Announces $6 Million Bought Deal Financing

Tocvan Ventures announced a $6M bought deal private placement: 6M units at C$1.00 each (1 share + 1 warrant at C$1.40 for 36 months), led by Stifel Canada, with option for 900K more units. Funds for Sonora gold projects (incl. Pilar) and working capital. Expected close ~Feb 19, 2026.

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