Torex Gold Resources restarted drilling at its Los Reyes gold-silver project in Sinaloa, launching a 20,000-metre 2026 drill program focused on upgrading resources, reducing project risk, and supporting future economic studies. The company plans to invest approximately US$18 million this year and expects to release a Preliminary Economic Assessment (PEA) in July 2026.
Algo Grande finalized drill targets for its 8,000-metre Phase II drilling program at the Adelita Project in Sonora following completion of high-resolution drone magnetic and LiDAR surveys. Drilling, scheduled to begin in June, will focus on expanding the Cerro Grande copper-silver-gold skarn discovery along a 2.5-km corridor while also testing new targets including Cerro Potrero South and Las Trancas.
Southern Silver Exploration amended its previously announced LIFE private placement, increasing the number of shares offered while maintaining gross proceeds of approximately C$4.0 million. The revised financing consists of 7.27 million shares priced at C$0.55 each. Proceeds will be used for exploration, project advancement, and general working capital.
Radius Gold appointed Dr. Luke Longridge to its Board of Directors, effective immediately. A structural and economic geologist with more than 15 years of international experience, Longridge previously held senior technical roles with Teck Resources, Canterra Minerals, CSA Global, and Bushveld Minerals. The company also granted him 1,000,000 stock options exercisable at C$0.14 per share for ten years.
Alamos Gold declared a quarterly dividend of US$0.025 per share and announced additional share repurchases under its Normal Course Issuer Bid program. Since launching buybacks in 2024, the company has repurchased over 14 million shares. Management stated the actions reflect strong cash flow generation and a commitment to returning capital to shareholders while maintaining financial flexibility.
Fortuna Mining published its 2025 Sustainability Report, reporting zero significant environmental spills, 65% water recycling and reuse, 17% renewable energy use, US$258 million in government contributions, and US$4.36 million invested in community programs. The company also reported one contractor fatality and reaffirmed its commitment to improving safety and sustainability performance.
Tocvan Ventures reported discovery of three new gold-silver mineralized zones through step-out drilling at its Gran Pilar Project in Sonora, significantly expanding the project’s footprint beyond the Main Zone. The company has completed over 6,200 metres of its fully funded 20,000-metre drill program and continues advancing its fully permitted 50,000-tonne pilot mine, with commissioning targeted for 2026.
Minaurum Silver reported additional high-grade drill results from the Europa Sur, Travesia, and San José vein zones at its Alamos Silver Project in Sonora. Highlights included 3.20 m grading 882 g/t AgEq and 6.20 m grading 374 g/t AgEq at Europa Sur. The results expand mineralization along strike and at depth, supporting resource growth beyond the current 55.4 Moz AgEq inferred resource.
Empress Royalty Corp. reported strong Q1 2026 results, with revenue rising to US$9.06 million and gross profit reaching US$6.75 million, compared to US$2.70 million and US$1.80 million respectively in Q1 2025. The company attributed the growth to increased production and stronger contributions from its royalty and streaming portfolio.
Sonoro Gold announced a change of auditor, with Smythe LLP resigning effective May 21, 2026, and Davidson & Company LLP being appointed as successor auditor on May 23, 2026. The company reported no modified audit opinions or reportable events related to the change, which was approved by the audit committee and board of directors.
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