Torex Gold Provides Q3 2026 Morelos Drilling & Exploration Update

Torex reported strong drilling across its Morelos property in Guerrero. Highlights include 31.2 m at 11.28 g/t gold equivalent in the emerging San Miguel corridor and 35.0 m at 14.32 g/t at ELG Underground. Torex added 13,400 m of Media Luna Cluster drilling, raising its 2026 Morelos exploration budget to US$51 million.

Minaurum Resource Step-Out Drilling Returns: 3.40 m of 397 g/t AgEq at Europa Sur, 1.90 m of 323 g/t AgEq at Quintera, and 0.90 m of 1469 g/t AgEq at San Jose in Alamos Silver Project

Minaurum reported step-out results from its Alamos Silver Project in Sonora, including 3.40 m at 397 g/t silver equivalent at Europa Sur, 1.90 m at 323 g/t at Quintera, and 0.90 m at 1,469 g/t at San Jose. The results support its ongoing 50,000 m resource expansion program; Quintera and Europa Sur were excluded from the initial resource estimate.

Algo Grande Copper Confirms 68.43 Metres of Copper-Silver-Gold Mineralization Across Two Zones in Hole AG-CG-PH2-002, Including a New Zone of 38.20 Metres at 1.0% CuEq

Algo Grande’s hole AG-CG-PH2-002 at Adelita in Sonora intersected two separate copper-silver-gold skarn zones totaling 68.43 metres at an average 1.2% CuEq. The newly reported lower zone returned 38.20 metres at 1.0% CuEq, about 67 metres below the previously reported upper zone. Intervals are downhole lengths; true widths and metallurgical recoveries remain undetermined.

Tocvan Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au

At its Gran Pilar project in Sonora, Tocvan drilled 106.8 m grading 0.50 g/t gold and 3.5 g/t silver within a broader 271.5 m interval. The hole extends El Mezquite mineralization 130 m north of the discovery hole. The trend is now traced for about 1.4 km and remains open.

Chesapeake Announces Proprietary Heap Oxidation Technology Updates

Chesapeake Gold reports that tests of its heap oxidation process at Metates, Durango, achieved 70% gold and 61% silver recovery from the main intrusive domain in 90 days, versus 240 days in earlier testing. It is evaluating further improvements for a planned prefeasibility study and testing the process on six third-party projects.

Mammoth Provides Update On Field Activities at its Tenoriba Gold-Silver Property, Mexico

Mammoth Resources has collected a 200 kg metallurgical sample from the Carneritos area of its Tenoriba gold-silver project in Chihuahua. The sample will undergo vat and column leach testing at the Universidad de Sonora to assess recovery options for potential small-scale production. The company also reviewed drill core, site access and plans to renew surface access agreements.

GoGold Advances Los Ricos South Construction

GoGold reports that construction at Los Ricos South in Jalisco remains on schedule for first silver production in the second quarter of 2028. More than 150 contractors are on site, plant design is 90% complete, and all long lead equipment has been ordered. The company says the project is fully funded.

ANT Commences Trading as Tecomatlán Advances Toward Commissioning

Antimony Resources commenced ASX trading under ticker ANT following its name change from EV Resources. At the Tecomatlán antimony processing plant in Mexico, crushing for the proof-of-concept campaign is underway, with material being stockpiled ahead of grinding and flotation as the company advances toward full commissioning.

Goldgroup Announces Commitment for Strategic Investment in Luca Mining

Goldgroup committed US$75 million to Luca Mining’s financing for the Cozamin copper-silver mine acquisition, targeting a 19.9% stake and replacing Trafigura’s backstop. Funded from existing cash, the investment would leave approximately US$91 million before costs and other commitments. Goldgroup would receive conditional rights to nominate two directors. Completion remains subject to TSXV approval.

Luca Mining Announces Binding Equity Commitment From Goldgroup Mining Inc.

Luca Mining secured Goldgroup’s binding commitment to invest US$75 million, or an amount representing a 19.9% stake, to help fund its Cozamin acquisition. This replaces Trafigura’s equity backstop. Goldgroup would receive rights to nominate two directors and equity participation protections while holding at least 10%. Closing remains subject to TSXV approval.

Goldgroup Closes Record US$122 Million Non-Brokered Private Placement

Goldgroup closed a US$121.85 million non-brokered placement, issuing 33.38 million units at US$3.65 each. Each unit includes one share and half a warrant; whole warrants are exercisable at US$5.10 through March 2028. The company plans to advance its mining portfolio and consider strategic investments and acquisitions.

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Torex Gold Provides Q3 2026 Morelos Drilling & Exploration Update

Torex reported strong drilling across its Morelos property in Guerrero. Highlights include 31.2 m at 11.28 g/t gold equivalent in the emerging San Miguel corridor and 35.0 m at 14.32 g/t at ELG Underground. Torex added 13,400 m of Media Luna Cluster drilling, raising its 2026 Morelos exploration budget to US$51 million.

Minaurum Resource Step-Out Drilling Returns: 3.40 m of 397 g/t AgEq at Europa Sur, 1.90 m of 323 g/t AgEq at Quintera, and 0.90 m of 1469 g/t AgEq at San Jose in Alamos Silver Project

Minaurum reported step-out results from its Alamos Silver Project in Sonora, including 3.40 m at 397 g/t silver equivalent at Europa Sur, 1.90 m at 323 g/t at Quintera, and 0.90 m at 1,469 g/t at San Jose. The results support its ongoing 50,000 m resource expansion program; Quintera and Europa Sur were excluded from the initial resource estimate.

Algo Grande Copper Confirms 68.43 Metres of Copper-Silver-Gold Mineralization Across Two Zones in Hole AG-CG-PH2-002, Including a New Zone of 38.20 Metres at 1.0% CuEq

Algo Grande’s hole AG-CG-PH2-002 at Adelita in Sonora intersected two separate copper-silver-gold skarn zones totaling 68.43 metres at an average 1.2% CuEq. The newly reported lower zone returned 38.20 metres at 1.0% CuEq, about 67 metres below the previously reported upper zone. Intervals are downhole lengths; true widths and metallurgical recoveries remain undetermined.

Tocvan Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au

At its Gran Pilar project in Sonora, Tocvan drilled 106.8 m grading 0.50 g/t gold and 3.5 g/t silver within a broader 271.5 m interval. The hole extends El Mezquite mineralization 130 m north of the discovery hole. The trend is now traced for about 1.4 km and remains open.

Goldgroup Announces Commitment for Strategic Investment in Luca Mining

Goldgroup committed US$75 million to Luca Mining’s financing for the Cozamin copper-silver mine acquisition, targeting a 19.9% stake and replacing Trafigura’s backstop. Funded from existing cash, the investment would leave approximately US$91 million before costs and other commitments. Goldgroup would receive conditional rights to nominate two directors. Completion remains subject to TSXV approval.

Luca Mining Announces Binding Equity Commitment From Goldgroup Mining Inc.

Luca Mining secured Goldgroup’s binding commitment to invest US$75 million, or an amount representing a 19.9% stake, to help fund its Cozamin acquisition. This replaces Trafigura’s equity backstop. Goldgroup would receive rights to nominate two directors and equity participation protections while holding at least 10%. Closing remains subject to TSXV approval.

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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