Month: May 2026

Capitan Silver Receives Final Results from Airborne Geophysics Program for the Cruz De Plata Project

Capitan Silver reported final results from its property-wide airborne MT geophysical survey at the Cruz de Plata Project in Durango, Mexico. The survey supports the company’s model of a large-scale silver-rich mineral system, identified multiple new exploration targets along strike and at depth, and confirmed geological continuity exceeding 1.5 km below surface. Assays remain pending for 64 drill holes.

Capitan Silver Announces Annual General and Special Meeting and Adoption of Omnibus Equity Incentive Plan and Shareholder Rights Plan

Capitan Silver announced its Annual General and Special Meeting for June 12, 2026, and adopted a shareholder rights plan and a new 10% omnibus equity incentive plan, both subject to shareholder and TSXV approval. The rights plan is intended to protect shareholders from “creeping bids,” while the omnibus plan expands equity-based compensation options for directors, officers, employees, and consultants.

Equinox Gold Announces Results from Annual Shareholder Meeting

Equinox Gold announced that shareholders approved all resolutions at its May 7, 2026 Annual Shareholder Meeting, with 66.9% of outstanding shares represented. All 10 director nominees were elected, KPMG LLP was reappointed as auditor, and the advisory vote on executive compensation received 73.3% approval.

Chesapeake Gold Announces Stock Option Grant

announced the grant of 2.2 million stock options to directors and a consultant under its Stock Option Plan. The options are exercisable at C$3.40 per share for a five-year term expiring May 7, 2031, and will vest annually at 25% beginning May 7, 2027. The company’s flagship Metates Project in Durango hosts one of the largest undeveloped gold-silver deposits in the Americas.

Gold Resource Corporation Announces First Quarter 2026 Results

Gold Resource Corporation reported improved Q1 2026 results from its Don David Gold Mine in Oaxaca, producing and selling 8,749 gold-equivalent ounces, including 374,232 ounces of silver and 1,548 ounces of gold. Higher metal prices and increased production supported stronger revenues, while the company continued advancing operational improvements and strategic initiatives, including a feasibility study for its Back Forty project in Michigan.

Silver Storm Announces Mobilization of Underground Mine Development Contractors at La Parrilla

Silver Storm Mining announced the mobilization of underground development contractors MINPRO and Mexgeo at its past-producing La Parrilla Silver Mine Complex in Durango, Mexico, marking another major step toward a potential restart of operations in Q2 2026. The contractors will provide underground mine development services, with mobilization expected to be completed by the end of May.

Radius Gold Adopts Semi-Annual Financial Reporting

Radius Gold announced it has adopted semi-annual financial reporting under a TSX Venture Exchange pilot program, eliminating quarterly filings for its three- and nine-month interim periods beginning March 31, 2026. The company said the change will reduce administrative costs while it continues to provide timely disclosure of material developments across its exploration projects in Mexico and Peru.

Fortuna Reports Results for the First Quarter 2026

Fortuna Mining reported strong Q1 2026 results with record free cash flow of US$174 million, adjusted attributable net income of US$111 million, and revenue of US$342.5 million. The company ended the quarter with US$666 million in cash and maintained strong production from its Séguéla, Lindero, and Caylloma operations while advancing growth initiatives including the Diamba Sud and Séguéla expansion projects.

Aura Announces Q1 2026 Financial and Operational Results, Another High Record Adjusted EBITDA

Aura Minerals reported record Q1 2026 adjusted EBITDA of US$243.9 million, up 199% year-over-year, driven by higher production, strong gold prices, and operational improvements. The company posted net income of US$95.2 million and generated strong free cash flow while advancing growth projects including Borborema, MSG, Era Dorada, and Matupá. Aura also declared a quarterly dividend of US$0.78/share.

McEwen Generates Strong Q1 Results & Advances Multi-Asset Growth Strategy; Net Income $33.4M ($0.56 per Share) vs. Net Loss $6.3M ($0.12 per Share) in Q1 2025; Internally Funding Key Projects to Double Production by 2030

McEwen reported strong Q1 2026 financial results, with net income of $33.4 million ($0.56/share) compared to a $6.3 million loss in Q1 2025. Higher gold prices and improved production boosted margins and EBITDA. The company is advancing multiple growth projects, aiming to double production to 250,000–300,000 GEOs by 2030 while largely self-funding development with limited dilution.

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