Category: Investor’s Corner

Defiance Silver Completes Final Option Payment to Secure 100% Ownership of San Acacio

Defiance Silver has secured 100% ownership of the San Acacio mining concessions at its Zacatecas Silver Project after completing the final US$2.3 million option payment. The company is advancing a 10,000-metre drill program to support an updated mineral resource estimate while consolidating full ownership of its flagship Mexican projects.

Torex Gold Releases Results of Los Reyes Preliminary Economic Assessment

Torex Gold’s Preliminary Economic Assessment for the Los Reyes project outlines a robust, internally funded development opportunity with an after-tax NPV of US$1.49 billion and 37% IRR. The study envisions average annual production of 161,000 gold equivalent ounces over the first 11 years, positioning Los Reyes as the company’s next major growth project in Mexico.

Torex Gold Reports Q2 2026 Production Results

Torex Gold produced 96,297 gold equivalent ounces in Q2 2026, keeping the company on track to meet its annual production guidance of 420,000–470,000 AuEq ounces. Higher grades and recoveries are expected in the second half of the year, with financial results to be released on August 6.

Guanajuato Silver Announces Officer Resignation

Guanajuato Silver announced the resignation of Richard Silas as Vice President of Corporate Development and Corporate Secretary to attend to a personal matter. He will remain on the Board of Directors, while Susana Del Rio, formerly head of legal and compliance, assumes his executive responsibilities to ensure management continuity.

First Majestic Enters into Definitive Agreement to Sell its San Martin Silver Mine for Total Proceeds of US$90 Million

First Majestic has agreed to sell its non-operating San Martin Silver Mine and associated Jalisco mining concessions to Flextronics Supply and Service for US$90 million. The transaction monetizes an asset on care and maintenance since 2019 through staged cash payments, allowing the company to focus on its core producing operations while strengthening its balance sheet.

Pacifica Silver Appoints Stephen Redak as VP Exploration

Pacifica Silver appointed Stephen Redak as Vice President of Exploration, strengthening its technical team as it advances the Claudia silver-gold project in Durango. Redak brings more than 20 years of epithermal exploration experience in Mexico and the U.S., including senior roles at Hecla Mining. Interim VP Dr. Steve Weiss will remain as Technical Advisor to ensure continuity.

GR Silver Announces Executive Appointment

GR Silver Mining appointed Eric Zaunscherb as President and CEO, effective immediately, following his interim leadership after the passing of founder Márcio Fonseca in March. The company said it remains focused on its 20,000-metre resource expansion drill program at the Plomosas project, with an updated Mineral Resource Estimate and Preliminary Economic Assessment planned following completion of drilling.

Goldgroup Announces 4:1 Consolidation Ratio and Grant of Stock Options

Goldgroup Mining announced a 4-for-1 share consolidation to meet the listing requirements for its proposed move to the NYSE American as part of its merger with Gold Resource Corporation. The company also granted 3.75 million pre-consolidation stock options (937,500 post-consolidation) to certain directors under its equity incentive plan, subject to TSX Venture Exchange approval.

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