Silver Storm Mining strengthened its leadership by appointing experienced executives, including a new CFO, Mexico General Manager, Technical Services Director, and Project Director. The additions bring decades of mining, financial, and operational expertise, supporting the planned restart of the La Parrilla silver complex and enhancing the company’s technical and operational capabilities.
Highlander Silver announced the start of its first drilling program in over a decade at the Corani project in Peru, targeting resource growth, infill, and optimization. The company is advancing exploration and site preparation alongside geophysical surveys, while maintaining a strong cash position (~US$100M, no debt) to support development of the fully permitted project.
Vizsla Silver provided an update on the Concordia incident involving ten abducted workers, confirming additional fatalities while some individuals remain missing. The company is supporting affected families, cooperating with Mexican authorities in the ongoing investigation, and strengthening security measures, while emphasizing employee safety and its long-term commitment to the Panuco project.
Coeur Mining reported strong early participation in its exchange offer for New Gold’s US$400M senior notes, with ~96% tendered by the April 3 deadline. Required consents were obtained to amend the indenture, removing key covenants and default triggers. The offer expires April 20, with settlement expected shortly after.
Avino announced a Normal Course Issuer Bid to repurchase up to 8.4 million shares (~5% of outstanding) over 12 months. The buyback will be made at market prices and reflects management’s view that the shares may be undervalued, supported by strong financial position and expected 2026 free cash flow.
Coeur Mining reported strong early participation in its exchange offer, with 96.33% ($385.3M of $400M) of New Gold’s 6.875% notes tendered. It secured required consents to amend the indenture, removing most restrictive covenants. Noteholders receive new Coeur notes plus cash incentives, and the company is no longer required to repurchase notes after its New Gold acquisition.
Mexican Gold announced the appointment of Holgren Lai as Chief Financial Officer, effective April 2, 2026, replacing Julie Van Baarsen. Lai brings experience in financial management and junior mining, supporting the company’s focus on capital markets and internal controls as it advances its exploration-stage projects.
Pacifica Silver reported new high-grade silver-gold results from surface sampling at its Claudia Project in Durango, identifying multiple drill targets including the Pinolera zone and Contraria vein swarm. The company is advancing a 20,000 m drill program to expand mineralization and has granted 1.4 million stock options to align management with project development.
Mercado Minerals identified multiple new exploration targets at its Copalito project in Mexico following LiDAR and airborne magnetic surveys. The work outlined prospective pits, shafts, veins, and structural features tied to magnetic anomalies, significantly expanding the project’s exploration potential and guiding follow-up fieldwork and drilling.
Algo Grande completed a 4-hole (1,998 m) Phase I drill program at its Cerro Grande skarn target in Sonora, confirming high-grade Cu-Ag-Au mineralization with results up to 3.9% CuEq. Drilling indicates a larger, vertically extensive, multi-horizon system with expansion potential. Findings support a possible underlying porphyry source, and Phase II drilling is planned.
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