Month: April 2026

Fresnillo plc – Annual Financial Report and Notice of AGM

Fresnillo reported weaker 2025/quarterly production due to lower ore grades, reduced throughput, and operational constraints at key mines, partly offset by improvements at Juanicipio and Saucito. Silver output was broadly stable year-over-year, while gold declined. The company lowered 2026 production guidance, citing mine plan changes and earlier extraction, but expects recovery from 2027 onward.

J2 Metals Inc. Provides Flow-Through Private Placement Update

J2 Metals extended the closing deadline for the remaining tranche(s) of its $1.5 million flow-through financing to April 30, 2026. The first tranche raised $478,000 at $0.35 per subscription receipt. Net proceeds will advance exploration at the Miniac Project in Québec and support general corporate purposes.

Santacruz Reports Q1 2026 Production of 1,341,499 Ounces of Silver and 21,640 Tonnes of Zinc, with Continued Recovery of Production at Bolivar Mine

Santacruz Silver reported Q1 2026 production of 1.34 Moz silver, 21,640 tonnes zinc, plus lead and copper, across Bolivia and Mexico. Silver output remained stable quarter-over-quarter, supported by a 28% increase at the Bolivar mine as recovery from 2025 flooding progresses. The company emphasized reporting actual metal production over equivalent metrics for greater transparency.

Mammoth Receives Updated Drill Quote Illustrating Low US$1.70 Per Gold Equivalent Ounce Cost To Drill Initial 500,000 Ounce Exploration Target At Its Tenoriba, Gold-Silver Property, Mexico

Mammoth Resources received an updated drill quote of US$304/m for its Tenoriba project. Phase 1 proposes 3,000 m in 60 shallow holes at Carneritos for US$910,000, targeting 499,000–531,000 AuEq oz at approximately US$1.71–1.82 per targeted ounce, with the objective of defining a maiden Inferred resource.

EV Resources Defines Large-Scale, Shallow CRD Antimony System at Los Lirios

EV Resources has defined a large-scale, shallow carbonate replacement (CRD) antimony system at Los Lirios, with 10 of 11 drill holes intersecting a laterally extensive mineralized limestone unit. High-grade surface samples (up to 30.2% Sb) and strong structural controls indicate significant scale potential, supporting a system-wide target and advancing toward a maiden resource.

Sonoro Files Updted Preliminary Economic Assessment for the Cerro Caliche Project

Sonoro Gold filed an updated PEA for its Cerro Caliche project in Sonora, outlining a 10-year open-pit, heap-leach operation. The study highlights strong economics, including a $360M pre-tax NPV (8%) and 65% IRR, with average annual production of ~46,000 oz AuEq, low initial capex (~$83M), and rapid 1.7-year payback, supporting development potential.

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