Month: April 2026

Capstone Copper Reports First Quarter 2026 Results

Capstone Copper reported strong Q1 2026 results, highlighting record adjusted net income (~US$94.8M) and earnings, driven by higher copper prices. Revenue reached about $907M, while adjusted EBITDA continued a multi-quarter growth trend. Despite slightly lower copper production year-over-year, the company maintained its 2026 production and cost guidance.

Axo Copper Announces Name Change to Axo Metals

Axo Copper Corp. announced it will change its name to Axo Metals Corp., effective May 1, 2026, following shareholder approval. The rebranding does not affect the company’s ticker, share structure, or shareholder rights, and no action is required by investors. The change reflects a broader focus beyond copper while continuing to advance its Mexican projects.

Mercado Minerals Intersects 6.50 Metres of 256 g/t Silver and 1.46 g/t Gold from 43.60 m Depth at 5 Senores Vein Copalito Project

Mercado Minerals reported high-grade results from the Copalito Project in Mexico, including 6.5 m averaging 256 g/t silver and 1.46 g/t gold from shallow depths at the 5 Señores vein. The results confirm strong near-surface mineralization and support ongoing exploration targeting additional high-grade zones within a growing district-scale silver-gold system.

Guanajuato Silver Announces Year-End and Q4 2025 Results

Guanajuato Silver reported strong Q4 and full-year 2025 results, highlighting continued operational improvement. Q4 revenue rose ~40% to $22.7M, with mine operating income of $4.0M (+375% QoQ). Silver production increased ~21% with higher grades. The company ended the year with $41.5M in cash, reflecting strengthening profitability and momentum toward sustained positive cash flow.

Chesapeake Announces Membership in the Mining Association of Canada; Management Update

Chesapeake Gold announced it has joined the Mining Association of Canada (MAC), reinforcing its commitment to responsible mining and sustainability. Membership includes participation in the Towards Sustainable Mining (TSM) initiative. The company also noted that CEO Jean-Paul Tsotsos has stepped down from his prior investor relations role following his appointment as CEO.

Sierra Madre Announces Shareholder Approval of Acquisition of Del Toro Silver Mine

Sierra Madre Gold & Silver announced shareholder approval for its acquisition of the Del Toro silver mine from First Majestic. The transaction, valued at up to US$60 million, remains subject to final closing conditions, including financing and regulatory approvals. The acquisition strengthens Sierra Madre’s Mexican portfolio and supports its strategy to restart past-producing assets and grow toward mid-tier silver production.

Luca Intersects 118 Metres of 2.5 g/t Gold, 78.0 g/t Silver, 0.8% Copper, 0.6% Pb and 2.0% Zinc at Largo Norte Zone, Campo Morado Mine

Luca Mining reported strong underground drilling results at its Campo Morado mine in Guerrero, highlighting thick, high-grade polymetallic intercepts in the unmined Largo Norte zone. Key results include 118.2 m grading ~2.5 g/t gold, 78 g/t silver plus base metals. Drilling confirms continuity and expands mineralization, supporting potential resource growth and future mine planning for 2026–2028.

Mithril Silver and Gold March 2026 Quarterly Report

Mithril Silver and Gold reported strong progress at its Copalquin project, highlighting high-grade drill results (e.g., 2.75 m at 660 g/t AgEq) and expanding multiple target areas. The company remains well funded (A$10.8M cash, debt free) and is advancing district-scale exploration to grow resources and define additional high-grade zones ahead of ongoing drilling.

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