Orogen Royalties reported an updated mineral reserve and resource estimate for its 2% NSR royalty at the producing Ermitaño deposit (Santa Elena mine, Sonora). Results show increased measured and indicated resources, including ~380 koz gold and 8.9 Moz silver, highlighting ongoing growth potential across the deposit and continued upside from exploration along open vein systems.
First Majestic reported Q1 2026 production of ~3.5M oz silver and 34,341 oz gold, slightly lower year-over-year due to reduced grades from lower cut-off strategies amid strong prices. Output represents ~26–28% of annual guidance, keeping the company on track for 2026 targets despite modest declines in metal production.
Mithril’s drilling at Target 3 in the Copalquin project confirmed high-grade, widespread silver and gold mineralization, extending known veins from historic workings. Results demonstrate strong continuity and depth potential, with higher grades encountered at depth, supporting significant expansion upside and reinforcing Copalquin as a large, district-scale epithermal system with multiple growth targets.
Heliostar reported strong drill results from the Ana Paula Expansion Zone, including 101 m grading 5.34 g/t gold, confirming thick, high-grade mineralization beyond the current mine plan. Results extend mineralization at depth and laterally, support potential resource growth, and highlight expansion upside near planned underground infrastructure. Additional assay results are pending.
Equinox Gold reported strong Q1 2026 results, producing 197,628 oz of gold, driven by ramp-ups at Greenstone and Valentine and steady output from Nicaragua and Mesquite. The company reduced debt by $990M following asset sales and cash flow, and paid its inaugural dividend. Ongoing optimization, exploration, and expansion projects support future growth.
Mexican Gold Mining and Alcon Silver agreed to merge via a share exchange, with Alcon shareholders owning ~61% of the combined company. The deal unites the Las Minas gold project and Princesa silver deposit, creating a diversified explorer. The company plans a name change to Platauro Metals, alongside financing, pending shareholder and regulatory approvals.
Vortex Metals closed the first tranche of a non-brokered private placement, raising $474,900 through the issuance of 9.5 million units at $0.05 each. The company also announced a warrant extension, providing additional time for investors to exercise, as it advances exploration and corporate activities.
A miner, Francisco Zapata Nájera, was rescued alive after nearly 14 days trapped in a flooded gold mine in Sinaloa caused by a tailings dam collapse on March 25. Of 25 miners, 21 escaped, two were rescued alive, one died, and one remains missing. The survivor was airlifted to Mazatlán for treatment.
Masivo Silver completed and extended its first drill hole at the Cerro Colorado project in Sonora, intersecting visible mineralization and confirming strong alteration and sulfide continuity. The results support the scale potential of the system as the company advances its Phase I drill program targeting multiple high-priority silver-gold zones.
American Ocean Minerals and Odyssey Marine Exploration announced a $1B all-stock merger to create a U.S.-controlled deep-sea critical minerals platform. The combined company will focus on extracting polymetallic nodules (nickel, cobalt, copper, manganese), backed by ~$225M financing, and is expected to list on Nasdaq as AOMC, with closing targeted for mid-2026.
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