Talamore Mining increased its proposed debt facility from $400 million to $450 million, carrying 8.65% annual interest over seven years. Combined with warrant exercises and a completed equity offering, financing could reach $688 million. Shareholder approval remains pending, while the largest debt tranche requires final construction permits for the Coffee Gold Project in Yukon.
Madoro Metals filed initial documentation with the TSX Venture Exchange for its proposed reverse takeover with Narrow River Resources. It is advancing a concurrent private placement of up to C$1.23 million and plans to file a Lac Simard technical report. Completion remains subject to exchange, regulatory and shareholder approvals, financing and customary conditions.
Masivo Silver’s first 2026 hole at Cerro Colorado, Sonora, intersected 32.5 metres grading 0.271% zinc, 7.0 g/t silver and 0.141% lead, plus copper and gold. Drilling stopped at 259.5 metres due to technical difficulties while still in mineralized rhyolitic porphyry. Grades strengthened near the bottom, supporting follow-up drilling. True widths remain unknown.
Centenario Gold has begun a maiden 1,500-metre drill program at Los Reyes, Chihuahua, comprising five to six holes, 200–500 metres deep. Drilling targets depth extensions of skarn mineralization beneath the historic Jibosa and Tueda workings. Previous underground sampling returned up to 27.9% copper at Jibosa and 2.1% molybdenum at Tueda.
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