Xali Gold Provides Update on El Oro Projects in Mexico

Xali Gold is considering selling or reducing its El Oro hard-rock interests after further concession cancellations. Remedioambiente plans underground rehabilitation that could provide drill access, while Xali investigates reports that an unauthorized party may have removed material from the El Oro tailings site. The company is prioritizing its Pico Machay project in Peru.

Pacifica Silver Announces AGM Results; Appoints New CFO and Director

Pacifica Silver shareholders approved all AGM resolutions, including the election of five directors, auditor appointment and equity incentive plan. Alan Tam resigned as CFO and director. Israel Munoz was appointed CFO and Karenn Ramirez joined the board, effective September 15, 2026, as Pacifica advances the Claudia silver-gold project in Durango.

Fresnillo plc – Planned CFO Succession

Fresnillo announced CFO Mario Arreguín will retire after 37 years with the group. Rodrigo Sandoval, formerly CFO of Grupo Gigante and Grupo México’s mining division, becomes CFO Designate on September 21 and formally assumes the role November 1. Arreguín will remain a senior adviser through January 2027 to support the transition.

Goldgroup Upsizes Private Placement to US$125 Million in Response to Strong Investor Demand

Goldgroup Mining increased its non-brokered private placement from US$75 million to US$125 million following strong investor demand. Proceeds will support working capital, advancement of its four precious-metals assets—including Don David, Cerro Prieto and San Francisco in Mexico—and potential acquisitions and strategic investments. Closing is expected September 30, subject to regulatory approvals.

Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource

Axo Metals intersected 18.0 metres grading 8.15 g/t gold at the Sapuchi deposit within its San Antonio project in Sonora. Initial step-out drilling also encountered strong near-surface mineralization 750 metres beyond the existing resource, demonstrating potential to materially expand the project’s mineralized footprint.

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