Month: June 2026

Galore Provides Corporate Update on Dos Santos Project Concessions, Legal Developments, Concession Regularization and Shareholder Financing

Galore Resources reported progress at its Dos Santos Project, including the regularization of six key mining concessions and advancements in addressing legal and administrative matters affecting the property. The company is working to restore full operational control, position the project for future exploration, and maintain financial flexibility through shareholder-backed financing while evaluating strategic options to advance the asset.

Capitan Silver Announces Arrival of 4th Drill Rig at the Cruz De Plata Project

Capitan Silver announced the arrival of a fourth drill rig at its Cruz de Plata silver-gold project in Durango, Mexico, completing the planned four-rig fleet for its fully funded 60,000-metre 2026 drill program. The additional rig is expected to accelerate testing of high-grade silver zones, expand the Jesús María trend, and support resource growth while numerous drill results remain pending.

First Majestic Announces Voting Results from 2026 Annual General Meeting

First Majestic reported that all matters presented at its 2026 Annual General Meeting were approved by shareholders. All six director nominees were elected, including Keith Neumeyer, and shareholders also approved the appointment of the auditor and the company’s executive compensation approach. Director support was generally very strong, with most nominees receiving over 98% approval, although Thomas F. Fudge Jr. received lower support at approximately 70%.

Sonoro Gold Announces Closing of Oversubscribed $15.5M Private Placement

Sonoro Gold announced the closing of an oversubscribed non-brokered private placement that raised approximately C$15.5 million. The financing was increased due to strong investor demand and will provide funding to advance development of the Cerro Caliche gold project in Sonora, including project construction, permitting, working capital, and general corporate purposes. The placement remains subject to final TSX Venture Exchange approval.

Mithril Drills 4.01 G/T Gold, 225 G/T Silver Over 7.25 M Including 15.25 G/T Gold, 533 G/T Silver Over 0.5 M At Target 1, Copalquin

Mithril Silver & Gold reported additional high-grade drill results from the Target 1 area of its Copalquin project in Durango, Mexico, including 7.25 m grading 4.01 g/t gold and 225 g/t silver. The results continue to extend and upgrade mineralization within the El Refugio–La Soledad corridor and support the company’s ongoing resource expansion and update program.

Geophysics Reveals New Targets and Increased Scale Potential at Lirios 1

Geophysical surveys at EV Resources’ Los Lirios antimony project in Oaxaca have identified multiple new exploration targets and suggest the mineralized system may be significantly larger than previously recognized. Results from CSAMT and magnetic surveys expanded the prospective strike length along the Lirios Fault Zone, supporting the potential for additional high-grade antimony mineralization and enhancing targeting for ongoing drilling and future resource growth.

Silver Spruce Resources, Inc. Announces Management Changes and Option Grants

Silver Spruce Resources announced management changes effective June 9, 2026, with Kevin O’Connor appointed President and CEO and Michael Kinley appointed CFO, subject to TSX Venture Exchange approval. The company also granted 1.125 million stock options to directors, officers, employees, and consultants at an exercise price of $0.15 per share for a five-year term.

Santacruz Silver Announces Publication of 2025 Sustainability Report for Mexican Operations

Santacruz Silver Mining has released its 2025 Sustainability Report for its Mexican operations, highlighting ESG performance, operational improvements, and the implementation of a new sustainability strategy. The report outlines the company’s efforts to strengthen environmental stewardship, social responsibility, governance practices, and long-term sustainable growth in Mexico.

Zacatecas Silver Reports High-Grade Gold and Silver Surface Sampling Over 2 km Strike Length at Oso Negro, Sonora

Zacatecas Silver reported high-grade surface sampling results from the Oso Negro project in Sonora, where gold and silver mineralization has been traced over a strike length exceeding 2 kilometres. Highlights include samples grading up to 16.8 g/t gold and 1,395 g/t silver, supporting the project’s potential for a significant epithermal precious metals system. The results will help guide upcoming exploration and drill targeting programs.

Riverside Resources and Questcorp Announce Commencement of Phase 2 Drilling at Union Project, Sonora, Mexico

Riverside Resources and Questcorp Mining have begun a fully funded 1,500-metre Phase 2 diamond drilling program at the La Union Project in Sonora, Mexico. The campaign will test both sediment-hosted gold and CRD-style gold-silver-zinc mineralization, following encouraging Phase 1 results. Drill targeting incorporates recent mapping, drone magnetic surveys, and IP geophysics, with results expected to generate steady news flow through summer 2026.

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