Category: Investor’s Corner

First Majestic reported Q3 2026 production of 3.4 million silver ounces and 29,552 gold ounces; silver reached 72% of revised guidance midpoint, mainly due to a 12-day labor disruption at San Dimas. La Encantada’s silver output rose 68% year over year. Jerritt Canyon’s restart progressed, and the company renewed its share buyback for up to 10 million shares.

Pan American Silver announced that director Charles “Chuck” Jeannes will retire from its board effective October 31, 2026. He joined the board after Pan American acquired Tahoe Resources in 2019 and is stepping down to focus more on his role as chair of Equinox Gold.

Pan American Silver will release its unaudited third-quarter 2026 financial results after market close on November 4. A conference call and webcast are scheduled for November 5 at 10:00 a.m. ET.

Torex Gold reported preliminary Q3 production of 131,900 oz AuEq, bringing year-to-date output to 329,071 oz and keeping the company on track to meet its 2026 guidance of 420,000–470,000 oz. Media Luna mining averaged 8,244 tpd, above design capacity; first ore from Media Luna North remains on schedule before year-end.

Silver Bull says it remains the registered owner of its Sierra Mojada silver-zinc project in Coahuila, despite a disputed lien on its mineral licenses following an adverse Mexican court ruling. Its US$374.9 million arbitration claim against Mexico was dismissed. The company is pursuing legal remedies to restore clear title and access before advancing the project.

Guanajuato Silver agreed to option its 509-hectare Lourdes project in Guanajuato to Zacatecas Silver, which may earn 100% by paying US$225,000 cash and issuing US$600,000 in shares over two years. Guanajuato will retain a 2% NSR royalty and says the transaction allows it to focus on exploration at El Horcon.

Heliostar Metals will graduate from the TSX Venture Exchange to the Toronto Stock Exchange on October 7, 2026, retaining ticker HSTR. Its TSXV listing will be delisted after market close October 6; shareholders need take no action.

Zacatecas Silver optioned a 100% interest in Guanajuato Silver’s 509-hectare Lourdes project for US$825,000 in cash and shares over two years, with no minimum exploration spending. The lightly drilled Guanajuato epithermal system has six mapped veins. Zacatecas plans to review historical data, conduct confirmation sampling and refine deeper drill targets.

Pinnacle closed the final tranche of its private placement, raising $1.00 million and bringing total proceeds to $1.65 million. Funds will advance the El Potrero gold-silver project in Durango, support project evaluations, and provide working capital. The financing remains subject to TSX Venture Exchange approval.

Algo Grande Copper secured a five-year surface access agreement with Ejido Palos Chinos y su Anexo El Guamúchil covering approximately 1,796 hectares at its Adelita Project in Sonora. Effective through September 2031, the agreement maintains uninterrupted access for geological mapping, sampling, geophysical surveys and drilling as Phase II exploration advances.