Month: June 2026

First Majestic Receives Construction Permits for Santo Niño and Navidad; Advances Development Across the Santa Elena District

First Majestic Silver has received construction permits for the Santo Niño and Navidad portals at its Santa Elena mine in Sonora and will invest an additional US$12 million in 2026 to advance underground development. Strong infill drilling continues to expand high-grade silver-gold mineralization, supporting near-term mining and extending the district’s mine life.

Silverco Mobilizes Underground Mining Contractors at Cusi Property

Silverco Mining has begun mobilizing underground mining contractors at its 100%-owned Cusi silver mine in Chihuahua, marking a key milestone toward restarting operations. Development is underway at the Promontorio and San Miguel zones, with first concentrate production targeted for Q4 2026 as the company advances toward becoming a two-mine silver producer in Mexico.

Heliostar Expands Expansion Zone and Drills 99.8 Metres Grading 10.9 g/t Gold at Ana Paula

Heliostar Metals reported exceptional drill results from the Ana Paula gold project, including 99.8 metres grading 10.9 g/t gold, while expanding the high-grade Expansion Zone. Mineralization remains open in multiple directions, supporting further resource growth. The company has completed 32,678 metres of drilling and remains on track to deliver a feasibility study in Q2 2027.

Mustang Announces Sale of El Cobre Copper-Gold Porphyry Project

Mustang Minerals has agreed to sell its El Cobre copper-gold porphyry project in Veracruz, Mexico, allowing the company to sharpen its focus on its Nevada copper exploration portfolio. The transaction provides cash, retains potential upside through future milestone or royalty interests, and strengthens Mustang’s financial position for advancing its core U.S. assets.

Orla Mining Reaches Agreement on Camino Rojo Productivity Bonus

Orla Mining has reached a negotiated agreement with workers and the union at its Camino Rojo Mine in Zacatecas regarding the outstanding 2025 productivity bonus. The agreement was approved by employees and formalized before Mexican labor authorities, resolving a labor dispute that previously disrupted operations and reinforcing labor stability at the mine.

Sierra Madre Announces AGM Results

All resolutions were approved at Sierra Madre Gold & Silver’s Annual General Meeting. Shareholders re-elected the five-member board of directors, reappointed the company’s auditor, and approved the stock option plan, reflecting continued shareholder support for the company’s leadership and strategic direction.

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