J2 Metals identified three additional historic mine workings—El Samano, El Chinicuil and El Cedro Rojo—at Sierra Plata, bringing the total located to six. The company collected 53 rock samples and mapped 250 of 2,200 hectares, identifying additional mineralized quartz veins. Systematic mapping, sampling and evaluation of historic workings will continue.
Capitan Silver announced that shareholders approved all matters at its Annual General and Special Meeting, including the election of directors, appointment of auditors, and approval of its equity incentive and shareholder rights plans. The company also announced the resignation of director John-Mark Staude and thanked him for his contributions. Approximately 51.1% of outstanding shares were represented at the meeting.
Kootenay Silver reported a serious accident at its Columba Silver Project in Chihuahua, Mexico, involving a contract miner working in the F Vein shaft. The worker had not been located as of the announcement, prompting rescue efforts, notification of authorities, and an investigation into the cause of the incident. Kootenay has temporarily suspended all exploration activities at Columba while the investigation is underway and expressed its condolences to the worker’s family, friends, and colleagues.
Algo Grande Copper has commenced its fully funded Phase II drill program at the Adelita Project in Sonora, Mexico. The ~8,000-metre campaign will target expansion of the Cerro Grande copper-gold-silver skarn discovery and test new district-scale targets along a 6-km mineralized corridor. The program follows encouraging Phase I results and incorporates recent LiDAR, magnetic, and geochemical surveys to refine drill targeting.
Silver Storm Mining completed its first silver-gold doré pour at the La Parrilla Silver Mine in Durango, Mexico, marking the successful restart of operations. The oxide processing circuit is now being commissioned and expected to produce doré on an ongoing basis, while commissioning of the 1,250 tpd sulphide circuit is scheduled for June, supporting the mine’s return to commercial production.
Galore Resources reported progress at its Dos Santos Project, including the regularization of six key mining concessions and advancements in addressing legal and administrative matters affecting the property. The company is working to restore full operational control, position the project for future exploration, and maintain financial flexibility through shareholder-backed financing while evaluating strategic options to advance the asset.
Pacifica Silver reported strong results from 28 additional drill holes at its Claudia silver-gold project in Durango, extending the high-grade Justina vein to 600 metres of strike and expanding mineralization along the Aguilareña–Tres Reyes system. Highlights include 2.85 m grading 2.30 g/t Au and 207 g/t Ag and 8.90 m grading 0.94 g/t Au and 101 g/t Ag, demonstrating significant growth potential.
Capitan Silver announced the arrival of a fourth drill rig at its Cruz de Plata silver-gold project in Durango, Mexico, completing the planned four-rig fleet for its fully funded 60,000-metre 2026 drill program. The additional rig is expected to accelerate testing of high-grade silver zones, expand the Jesús María trend, and support resource growth while numerous drill results remain pending.
Americas Gold & Silver has completed agreements eliminating its remaining silver and gold delivery obligations. The company settled its silver commitment by issuing 7.96 million shares to Sprott Mining and its gold obligation through a combination of 5,000 ounces of gold and 2.65 million shares to International Royalty Corporation, simplifying its balance sheet and removing future metal delivery commitments.
First Majestic reported that all matters presented at its 2026 Annual General Meeting were approved by shareholders. All six director nominees were elected, including Keith Neumeyer, and shareholders also approved the appointment of the auditor and the company’s executive compensation approach. Director support was generally very strong, with most nominees receiving over 98% approval, although Thomas F. Fudge Jr. received lower support at approximately 70%.
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