Colibri Resource Corporation granted 2.75 million stock options at $0.10 per share to directors, officers, employees and consultants. The company also submitted final documentation to the TSX Venture Exchange for approval of transactions increasing its effective Diamante Gold & Silver Project interest to 60% and divesting its 50% Jackie Project interest.
Centenario Gold closed a $1.5 million non-brokered private placement, issuing 15 million units at $0.10. Proceeds will support exploration at the Los Reyes Project in Mexico, Cabot Project in Newfoundland, potential new resource projects and corporate expenses. The company also granted 2.925 million stock options and 1 million RSUs.
Radius Gold closed a $1.248 million non-brokered private placement, issuing 10.4 million units at $0.12. Each unit includes one share and one warrant exercisable at $0.20 for one year. Proceeds will fund exploration at the Tierra Roja copper and Jonco silver projects in Peru, plus general working capital.
Tocvan Ventures identified new surface gold-silver mineralization across Gran Pilar, expanding the Bojorquez target and defining a new Central Corridor zone 4 km north of the Main Zone. Rock samples returned up to 2.4 g/t Au, 67 g/t Ag and 1.6% Cu, while the Central Corridor has been traced for over 1,000 m.
Silver Viper Minerals announced that Arthur Freeze resigned as a director effective August 23, 2026. Following his departure, the company’s Board will consist of five directors. Silver Viper does not intend to appoint a replacement at this time.
Goldgroup Mining reported strong drilling at its Don David Gold Mine in Oaxaca, completing 25,726 m in 123 holes. Highlights include 1.92 m at 13.49 g/t Au and 931 g/t Ag at Arista, and 2.55 m at 1.66 g/t Au and 1,695 g/t Ag at Alta Gracia, supporting resource growth and mine-life extension.
Colibri Resource completed the sale of its 49% interest in the Pilar Gold Project to Tocvan Ventures for C$3.6 million, receiving C$2.0 million at closing and C$1.6 million due within one year. Colibri retains a 1% NSR royalty and will focus on advancing its 100%-owned EP Gold Project in Sonora.
Sierra Madre reported Q2 2026 revenue of US$8.23M and gross profit of US$1.58M from La Guitarra. Throughput has increased 34% to 672 tpd, with Phase I expansion targeting 750–800 tpd by quarter-end. The company ended Q2 with US$25M working capital and continues ramping up Coloso and Nazareno.
Tocvan Ventures completed the acquisition of Colibri Resources’ remaining 49% interest in the original Pilar concessions, giving Tocvan 100% ownership of its flagship Gran Pilar Gold-Silver Project in Sonora. The 105-hectare concessions host the extensively drilled Main Zone, consolidating Tocvan’s control of the broader 21-km² project and planned development infrastructure.
Mithril Silver and Gold reported wide, high-grade silver-gold intercepts at Target 4 of its Copalquin project, including 11.70 m at 456 g/t AgEq, 13.95 m at 387 g/t AgEq, and 6.50 m at 320 g/t AgEq. Drilling confirms mineralization across 550 m of strike, with the Copalquin-Zaragoza structure remaining open in both directions.
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