Avino announced a Normal Course Issuer Bid to repurchase up to 8.4 million shares (~5% of outstanding) over 12 months. The buyback will be made at market prices and reflects management’s view that the shares may be undervalued, supported by strong financial position and expected 2026 free cash flow.
Coeur Mining reported strong early participation in its exchange offer, with 96.33% ($385.3M of $400M) of New Gold’s 6.875% notes tendered. It secured required consents to amend the indenture, removing most restrictive covenants. Noteholders receive new Coeur notes plus cash incentives, and the company is no longer required to repurchase notes after its New Gold acquisition.
Mexican Gold announced the appointment of Holgren Lai as Chief Financial Officer, effective April 2, 2026, replacing Julie Van Baarsen. Lai brings experience in financial management and junior mining, supporting the company’s focus on capital markets and internal controls as it advances its exploration-stage projects.
Pacifica Silver reported new high-grade silver-gold results from surface sampling at its Claudia Project in Durango, identifying multiple drill targets including the Pinolera zone and Contraria vein swarm. The company is advancing a 20,000 m drill program to expand mineralization and has granted 1.4 million stock options to align management with project development.
Mercado Minerals identified multiple new exploration targets at its Copalito project in Mexico following LiDAR and airborne magnetic surveys. The work outlined prospective pits, shafts, veins, and structural features tied to magnetic anomalies, significantly expanding the project’s exploration potential and guiding follow-up fieldwork and drilling.
Algo Grande completed a 4-hole (1,998 m) Phase I drill program at its Cerro Grande skarn target in Sonora, confirming high-grade Cu-Ag-Au mineralization with results up to 3.9% CuEq. Drilling indicates a larger, vertically extensive, multi-horizon system with expansion potential. Findings support a possible underlying porphyry source, and Phase II drilling is planned.
DynaResource reported strong 2025 results from its San Jose de Gracia mine, with revenue up 26% to $58.5M, net income of $3.8M (vs. a loss in 2024), and adjusted EBITDA of $12.1M. Gold production reached 21,393 oz, and the company achieved sustained profitability driven by improved efficiency and higher gold prices.
Capitan Silver reported high-grade drill results from its Cruz de Plata project in Durango, highlighted by 1,450.5 g/t AgEq over 1.5 m within a broader 41.1 m interval grading 211 g/t AgEq. Results confirm strong continuity and expansion of mineralization at depth, with potential for larger zones. Ongoing drilling and new discoveries support significant exploration upside.
Silver Spruce Resources closed the first tranche of a non-brokered private placement, raising CAD$739,250 through the issuance of 3.7 million units at CAD$0.20 each, with warrants exercisable at CAD$0.30 over four years. Proceeds will fund exploration and working capital, and the company plans a second tranche while extending the financing timeline.
Questcorp Mining and Riverside Resources have commenced a Phase 2 exploration program at the La Union Project in Sonora, following encouraging Phase 1 results. The program will focus on follow-up drilling, geophysics, mapping, and geochemistry to expand newly identified gold systems (including CRD and sediment-hosted styles) and advance multiple targets toward potential discovery.
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