Royalties Inc. announced that Technical Advisor Chris Lloyd would present the Bilbao Ag-Zn-Pb Skarn Project at the Discoveries Mining Conference in Hermosillo. Bilbao hosts a historical sulfide resource of 5.7 Mt grading 6.88% ZnEq. The deposit remains open westward and at depth, with additional untested geochemical anomalies and epithermal veins providing exploration upside.
Mithril upgraded Copalquin’s Target 1 resource to 464 koz AuEq indicated and 151 koz inferred, with indicated metal increasing 196%. High-grade drilling expanded Targets 3 and 5. Two rigs are completing the fully funded 12,000-metre 2026 program; Mithril held A$7.3 million cash and no debt.
Discovery Mining increased its senior secured revolving credit facility from US$250 million to US$400 million and extended maturity to July 2030. The amended facility offers improved pricing, relaxed leverage requirements and no minimum liquidity covenant, supporting growth at its Porcupine and Kidd assets. The US$100 million accordion remains available.
Algo Grande mobilized a second rig and commenced Hole 3 at the Adelita project’s Cerro Grande skarn target in Sonora. Hole 2 intersected 28.37 metres of visual copper mineralization in skarn and andesitic porphyry and continued toward a planned 700-metre depth to test the system’s deeper extension and potential feeder intrusion.
EV Resources advanced its Mexican antimony strategy by dry-commissioning three ball mills at Tecomatlán and securing four feedstock MOUs covering 2,330–2,430 tonnes monthly. Flotation testing achieved 81.1% antimony recovery. Los Lirios drilling and geophysics progressed, while Tecomatlán remained targeted for first concentrate production during the second half of 2026.
Capstone produced 51,759 tonnes of copper at C1 costs of US$2.82/lb, generating record revenue of US$739.7 million and adjusted EBITDA of US$354 million. Cozamin produced 5,745 tonnes at US$1.52/lb. Full-year guidance remains 200,000–230,000 tonnes at US$2.45–$2.75/lb.
Oroco reported a select surface sample grading 7.57% copper at its Vainilla concession in Sinaloa and completed a drone magnetic survey. The results, combined with geological mapping and sampling, will help define exploration targets associated with prospective breccia, skarn and concealed porphyry systems.
First Majestic reported Q2 2026 revenue of US$415.5 million, up 57%, and net earnings of US$109.4 million. Free cash flow reached US$194.6 million, while treasury increased to a record US$1.25 billion. Production totaled 3.8 Moz silver and 34,660 oz gold. The Company declared a US$0.0152/share quarterly dividend.
J2 Metals reported fiscal 2026 year-end cash of $3.90 million, working capital of $3.76 million and a $1.80 million net loss. The company raised approximately $4.76 million during the year while advancing Sierra Plata toward maiden drilling, completing Miniac geophysics and spinning out Twenty Mile Metals.
Tocvan Ventures restructured its leadership as Gran Pilar advances toward production. Brodie Sutherland became Executive Chair, Christopher Gordon CEO, and Rodrigo Calles-Montijo President. The changes align corporate, capital-markets and Mexican operational responsibilities as Tocvan targets a maiden resource, PEA and pilot production, with over 9,800 m drilled in 2026.
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