Guanajuato Silver reported its second consecutive profitable quarter, with Q2 2026 net income of US$557,000 on US$42.5 million revenue. Mine operating income reached US$9.1 million and adjusted EBITDA US$5.8 million. Silver production increased 2% to 347,481 ounces, while the Company substantially reduced debt and ended the quarter with US$19.9 million in cash and investments.
Pinnacle Silver and Gold received TSXV approval to extend its $2.2 million private placement to September 26, 2026. The company previously closed a $652,080 first tranche. Proceeds will advance the El Potrero gold-silver project in Durango, including project evaluations and working capital, supporting Pinnacle’s strategy toward potential near-term production.
First Majestic filed an NI 43-101 Technical Report for the Los Gatos Silver Mine in Chihuahua, supporting Mineral Resource and Reserve estimates effective December 31, 2025. The report contains no material changes from estimates disclosed in March. First Majestic owns 70% of Los Gatos and operates the mine, with Dowa Metals & Mining holding 30%.
Minaurum Silver reported high-grade results from Phase II drilling at its Alamos Silver Project in Sonora. Quintera returned 26.3 m grading 369 g/t AgEq, including 2.95 m at 1,379 g/t AgEq, while Europa Sur returned 3.4 m at 589 g/t AgEq. Results support potential expansion beyond the current 55.2 Moz AgEq resource.
Orogen Royalties reported Q2 2026 net comprehensive income of $2.4 million, versus a $0.2 million loss a year earlier. Royalty revenue increased 54% to $3.2 million, driven by higher gold prices and Ermitaño production. Working capital rose to $32.9 million, with no long-term debt, while G&A expenses declined 41%.
GoGold Resources commenced construction of the fully funded Los Ricos South Mine in Jalisco following receipt of its federal permit in June. The company has US$284 million cash and zero debt. Plant design is 85% complete, earthworks are underway, and underground development begins January 2027. First silver-gold production is targeted for June 2028.
J2 Metals reported sampling up to 1,030 g/t silver at Sierra Plata, where mapping has identified seven veins and 20 historical workings across roughly half the property. Priority targets include El Sabino, San Miguel, El Salto and El Resumidero. J2 is designing systematic trenching while advancing permits for its maiden diamond drilling program.
McEwen announced the planned retirement of COO William Shaver after a 55-year mining career. Channa Kumarage was promoted to VP Operations, Kevin Bromfield to VP Development Projects, and Zahir Jina to VP Permitting, Government Relations and Sustainability, supporting McEwen’s goal of reaching 250,000–300,000 gold-equivalent ounces annually by 2030.
Silver Storm Mining increased its non-brokered private placement from C$7.5 million to C$15 million due to strong investor demand. Proceeds will fund surface and underground drilling at the La Parrilla Silver Mine Complex in Durango and provide general working capital. Eric Sprott’s previously announced participation remains unchanged.
Silverco Mining reports operational improvements at La Negra, targeting 2,500 tpd nameplate capacity by H1 2027. Initiatives include a renewed underground fleet, dry-stack tailings system, improved grade control and campaign milling. A 15,000-metre exploration program is underway, while SGS prepares an updated resource estimate and PEA expected in late Q3 2026.
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