Year: 2026

Minera Alamos Inc. (TSXV: MAI, OTCQX: MAIFD) reported preliminary Q4 2025 gold production of 9,165 oz from the Pan Operating Complex in Nevada, USA—exceeding forecasts—with full-year output of 35,303 oz meeting guidance. Cash balance rose to US$34 million; CEO highlights seamless transition post-October acquisition and positioning for growth as an Americas-focused gold producer.

Vortex Metals appointed co-founder Michael Williams as interim Chief Executive Officer, effective immediately. Williams brings over 30 years of junior mining leadership and capital markets experience. Vikas Ranjan remains President to maintain continuity. The move aims to advance Vortex’s high-potential copper-gold exploration projects in Mexico and Chile and support growth and shareholder value.

Fortuna Mining met its 2025 production guidance, delivering 317,001 gold-equivalent ounces (GEO). It highlighted record gold output at Séguéla, ongoing operations performance, and asset divestments. For 2026, Fortuna forecast 281,000–305,000 GEO, outlined cost guidance, and plans to advance growth projects like Diamba Sud construction and Séguéla expansion studies.

Torex Gold guided 2026 production at 420,000–470,000 oz gold-equivalent with increased silver and copper output and AISC of $1,750–$1,850/oz AuEq. It plans ~$285–$305M in capital expenditures, expanded drilling (148,500 m), and a five-year production outlook through 2030, targeting consistent output and strong cash flow growth.

Alamos Gold produced 141,500 oz in Q4 and 545,400 oz in 2025. Weather and operational challenges slightly lowered production vs guidance, but the company posted record revenues (~$1.8 B) and strong cash growth. It reduced debt, returned capital to shareholders, and plans updated guidance and an Island Gold expansion study in February 2026.

Sierra Madre Gold & Silver **closed the first tranche of its up to $50 million subscription receipt offering, raising ~$39.7 M by issuing ~30.5 M receipts at $1.30 each. Funds are escrowed pending satisfaction of conditions tied to its proposed acquisition of the Del Toro Silver Mine from First Majestic. A second tranche and agents’ option remain to be closed.

Oroco Resource Corp. closed an upsized C$23 million bought deal financing, selling 60.5 million units at C$0.38, including full exercise of the over-allotment. Each unit includes a share and half-warrant, exercisable at C$0.53 until January 15, 2029. Proceeds will support Santo Tomás project drilling, environmental work, and corporate needs.

Silverco Mining Ltd. filed an independent technical report with an updated underground Mineral Resource Estimate for the Cusi Ag-Au-Pb-Zn Project in Chihuahua, Mexico, effective October 20, 2025. It shows ~41 Moz AgEq Measured + Indicated and ~32 Moz AgEq Inferred resources. The report is consistent with prior disclosure and is available on SEDAR+ and the company website. No production decision has been made yet.

Equinox Gold set new records in 2025 with 922,827 oz of gold produced and strong Q4 output, driven by improved operations at Greenstone, Valentine, Nicaragua and Mesquite. Cash rose ~24%, debt was cut, and the merged Calibre portfolio strengthened the company. 2026 guidance targets continued growth and an ~80 % increase in annual Canadian gold production.

Sonoro Gold Corp. agreed to acquire 10 additional mining concessions totaling 2,574.16 ha next to its Cerro Caliche gold project in Sonora, Mexico, for US $4 million plus outstanding fees. This expands the property to 25 contiguous concessions (~3,924 ha), boosting exploration potential and extending known mineralized corridors. The project remains in final permitting, with an updated PEA expected Q1 2026.