Canasil Resources received a $400,000 first anniversary option payment from AuRORA Minerals (Freeport-McMoRan & Amarc JV) for the Brenda gold-copper-silver property in BC, Canada. This extends the option for a second year and increases the exercise price to $9M.
GR Silver Mining reported strong metallurgical results from Plomosas bulk sampling: feed ~585–595 g/t AgEq. Rougher flotation recovered 71.5% Ag and 77.9% Au into lead concentrate; cleaner tests improved Au recovery. Concentrates meet commercial specs. Supports pilot plant and offtake plans.
Orex Minerals Inc. provided an update on the sale of its 45% interest in the Coneto silver-gold project in Durango, Mexico, to Fresnillo plc (which holds the remaining 55%). The transaction is progressing, with due diligence ongoing and closing expected in Q1 2026, subject to regulatory approvals.
Avino Silver & Gold Mines appointed Linda Broughton as non-executive director effective February 4, 2026. She has 35+ years in mining, with expertise in environmental geochemistry, water management, risk, and reclamation. Former VP Technical Services at Alexco (2014-2023); prior roles at BHP, Antamina, SRK.
Guanajuato Silver Company reports 630% growth in Inferred Mineral Resources at Valenciana Mines Complex to 20.3 million AgEq oz (2.27 Mt @ 142.2 g/t Ag, 1.55 g/t Au; 10.4 Moz Ag, 113 Koz Au), with a 927% increase in tonnes. Indicated Resources rose 18%. Significant expansion potential highlighted.
Algo Grande Copper Corp. discovered three new skarn horizons at the Adelita Project (Cerro Grande), Sonora, Mexico. Drill hole AG_GC_002 intersected 36.00m >1.0% Cu, including 14.79m @ 1.4% Cu (plus Au/Ag). Cumulative 41.59m mineralization reported. Evidence of deeper porphyry potential via intrusive phases and high molybdenum.
Fortune Bay Corp. (TSXV: FOR) announced marketing agreements: retained Machai Capital Inc. for 3-month digital marketing services (SEO, SEM, social media, etc.) for $400,000 cash plus 175,000 stock options ($0.90 exercise, 25% quarterly vesting, 1-year expiry). Previously engaged Epstein Research for US$6,000 (3 months). Both subject to TSX-V approval.
Heliostar Metals Ltd. announced the first gold pour from its restarted 100% owned San Agustin mine in Durango, Mexico, in late January 2026, completed on time and on budget after resuming operations in Q4 2025. The mine targets 30,000-32,700 oz gold in 2026 at ~$2,000 AISC, boosting output >60% yoy. A 10,000-15,000m drill program aims to extend mine life, with results expected mid-late Q1 2026.
Regency Silver Corp. announced that its third drill hole (REG-26-28) at the Dios Padre project in Sonora, Mexico, intersected broad zones of sulphide-specularite bearing breccia and mineralization from ~430m to ~540m depth, including a 35m zone with chalcopyrite, pyrite, and intense alteration. Drilling continues, showing continuity with prior holes (assays pending).
Torex Gold Resources Inc. announced CEO transition: Jody Kuzenko (CEO since 2020, prior COO since 2018) will retire after the June 17, 2026 shareholder meeting following eight years with the company. Andrew Snowden, CFO since 2021, will succeed as President & CEO as part of long-term succession planning.
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