Month: February 2026

Kingsmen Resources Announces Exploration Plans for Las Coloradas and Almoloya Projects Following Fully Funded Financing

Kingsmen Resources plans step-out and deeper drilling at its Las Coloradas high-grade silver project and initial diamond drilling at the Almoloya gold-silver project in Chihuahua, Mexico, after closing a bought-deal financing that fully funds its 2026 exploration programs. Multiple large, largely untested targets remain at both properties, highlighting strong discovery potential.

Sierra Madre Provides Update on Production Expansion and Equipment Purchases at La Guitarra

Sierra Madre Gold and Silver is advancing a two-stage expansion at its La Guitarra silver-gold mine. The first phase will boost processing from 500 tpd to ~750–800 tpd, with equipment upgrades and purchases underway. A second phase aims for 1,200–1,500 tpd by Q3 2027. Work includes plant upgrades, tailings handling, crushers, mills, and expanded mining fleet.

Starcore Reports Third Quarter Production Results

Starcore International Mines Ltd. reported improved **third fiscal quarter (ended Jan 2026) production at its San Martin Mine in Querétaro, Mexico, after resolving prior preg-robbing issues. Gold recoveries returned to normal and silver grades rose, helping the mine meet budgeted targets. Exploration extended high-grade ore bodies (~5 g/t Au, 80 g/t Ag), now being mined to boost output.

Orogen Royalties Announces Annual Equity Compensation Grant

Orogen Royalties Inc. (TSXV:OGN) announced an annual equity grant: 618,000 stock options at $3.12 (5-year term, 3-year vesting); 132,000 RSUs (2-year vest); 29,000 DSUs (partial vesting over 3–4 years). Granted to directors, officers, employees, and consultants. Subject to TSXV approval.

Axo Copper Announces Filing of Final Short Form Prospectus

Axo Copper Corp. filed a final short form prospectus dated Feb 13, 2026 with Canadian securities regulators (except Québec) for its bought deal public offering of units priced at CAD $0.70 each, targeting CAD $35 M in gross proceeds and potentially up to CAD $40.25 M with the underwriters’ option. The offering includes common shares and warrants exercisable at $1.00 for 18 months. Closing is expected ~Feb 19, 2026.

Canasil Grants Options to Management and Consultants

Canasil Resources Inc. (TSX-V: CLZ.H) applied to grant 2,500,000 incentive stock options to officers and consultants at $0.06 each with a 5-year term. Consultant options vest over 2 years; officer options replace exercised ones. If approved, total options would reach 7,150,000 (46.6% of plan limit).

Avino Announces Filing of Final Base Shelf Prospectus

Avino Silver & Gold Mines Ltd. filed a final short form base shelf prospectus dated Feb 12, 2026 in Canada (excluding Québec) and a corresponding Form F-10 in the U.S. under the WKSI regime, expected effective ~Feb 19, 2026. It withdrew its prior 2025 shelf. The new shelf lets Avino offer shares, warrants, units, debt or combos over 37 months.

Agnico Eagle Provides an Update on 2025 Exploration Results and 2026 Exploration Plans – Year Over Year Mineral Reserves Increase 2% to 55.4 MOz; Indicated Mineral Resources Increase 10% to 47.1 MOz and Inferred Mineral Resources Increase 15% to 41.8 MOz

Agnico Eagle Mines announced on February 12, 2026: Year-end 2025 mineral reserves increased 2% to 55.4 Moz; indicated mineral resources up 10% to 47.1 Moz; inferred resources up 15% to 41.8 Moz. Driven by exploration at Detour Lake, Odyssey, and Hope Bay. 2026 exploration budget: $565–635 million.

Agnico Eagle Reports Fourth Quarter and Full Year 2025 Results – Record Quarterly and Annual Free Cash Flow; 2025 Production Guidance Achieved; Total 2025 Shareholder Returns of $1.4 Billion; Dividend Increased by 12.5%; Updated Three-Year Guidance

Agnico Eagle Mines reported on February 12, 2026: Record 2025 free cash flow of $4.4B (annual) and $1.3B (Q4); gold production 3.45 Moz (full year, guidance achieved) and 841K oz (Q4). Dividend increased 12.5% to $0.45/share. Total 2025 shareholder returns: $1.4B. 2026 guidance: 3.3–3.5 Moz production; AISC $1,400–$1,550/oz.

All News