Discovery Silver announced several senior management changes following the acquisition of the Kidd Operations. New appointments include Dawid Myburgh (SVP, Timmins Operations), Harold Bird (VP, Mineral Processing), and Gertjan Bekkers (VP, Technical Services). Duncan King and Milferd Burnett were promoted, while COO Pierre Rocque retired and Forbes Gemmell and Dimitri Demianyuk departed to pursue other opportunities.
Questcorp Mining and Riverside Resources completed an expanded IP survey at the La Union Project in Sonora, identifying new chargeability anomalies and refining drill targets. Combined with aeromagnetic data, mapping, and surface sampling, the results support final targeting for a fully permitted 2026 drill program aimed at testing the project’s gold exploration potential.
EV Resources (ASX: EVR) has signed four non-binding MOUs with regional antimony producers in Puebla and Guerrero, Mexico, securing potential feedstock of 2,330–2,430 tonnes per month for its Tecomatlán Processing Plant. The agreements cover approximately 50–60% of plant capacity and support EVR’s hub-and-spoke strategy aimed at commencing antimony concentrate production in the second half of 2026.
Silver Bull Resources announced that an ICSID tribunal dismissed its NAFTA arbitration claim against Mexico regarding the long-running blockade of its Sierra Mojada project in Coahuila. The tribunal ruled the claims were outside its jurisdiction and/or time-barred. Silver Bull was also ordered to pay approximately US$998,000 in Mexico’s legal costs and is considering annulment options.
Orla Mining reported an illegal work stoppage and blockade at its Camino Rojo mine in Zacatecas, temporarily suspending operations. The dispute involves worker demands related to productivity bonuses and PTU profit-sharing payments. Orla states it complied with legal PTU requirements and is working with union representatives and labor authorities to resolve the situation and resume operations. (57 words)
Americas Gold & Silver reported strong infill drilling results at the Cosalá Complex in Sinaloa, with intercepts including 599.8 g/t silver and 0.83% copper over 14.0 m and 509.7 g/t silver and 0.43% copper over 10.0 m. Management stated recent drilling is consistently returning grades 2–3 times higher than inferred resource estimates, potentially enhancing future mine plans and resource upgrades.
Silver Spruce Resources closed a non-brokered private placement, raising approximately C$2.0 million through the issuance of units priced at C$0.20 each. Proceeds will be used to advance the company’s exploration projects, including assets in Mexico and Canada, and for general working capital.
Sonoro Gold increased its previously announced non-brokered private placement from C$10 million to C$15 million in response to strong investor demand. The offering now consists of 60 million units at C$0.25 per unit, each including one share and one warrant exercisable at C$0.34 for three years. Proceeds will fund development of the Cerro Caliche Gold Project in Sonora and provide working capital.
Minera Alamos announced the grant of 800,000 incentive stock options to officers and directors under its Omnibus Incentive Plan. The options are exercisable at C$6.93 per share, vest over two years, and expire after three years. The award is intended to align management and board interests with shareholders as the company advances its growth strategy.
Torex Gold Resources restarted drilling at its Los Reyes gold-silver project in Sinaloa, launching a 20,000-metre 2026 drill program focused on upgrading resources, reducing project risk, and supporting future economic studies. The company plans to invest approximately US$18 million this year and expects to release a Preliminary Economic Assessment (PEA) in July 2026.
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