GoGold Commences Construction of the Fully-Funded Los Ricos South Mine

GoGold Resources commenced construction of the fully funded Los Ricos South Mine in Jalisco following receipt of its federal permit in June. The company has US$284 million cash and zero debt. Plant design is 85% complete, earthworks are underway, and underground development begins January 2027. First silver-gold production is targeted for June 2028.

Silverco Mining Provides La Negra Mine Operations Update

Silverco Mining reports operational improvements at La Negra, targeting 2,500 tpd nameplate capacity by H1 2027. Initiatives include a renewed underground fleet, dry-stack tailings system, improved grade control and campaign milling. A 15,000-metre exploration program is underway, while SGS prepares an updated resource estimate and PEA expected in late Q3 2026.

Goldgroup Reports Selected Drill Results Highlighting Growth Potential at Don David

Goldgroup completed 25,726 m of drilling in 123 holes at its Don David complex in Oaxaca. Results from the Arista and Alta Gracia mines included high-grade gold-silver intercepts, supporting near-term mine planning, production replacement and potential resource growth through extensions of multiple mineralized vein systems.

Goldgroup Advances San Francisco Toward Potential Production Restart

Goldgroup outlined a potential restart plan for the San Francisco gold mine in Sonora, targeting mining in Q1 2027 and full production during the second half. The plan contemplates 50,000–60,000 gold-equivalent ounces annually, approximately US$15 million for plant refurbishment and US$40–50 million in working capital.

Algo Grande Copper Announces Upsizing of Private Placement

Algo Grande Copper upsized its non-brokered private placement from $3 million to $5 million, offering up to 8.33 million shares at $0.60 each. Proceeds will fund ongoing drilling and exploration at the 100%-owned Adelita copper-gold-silver project in Sonora, plus operating costs and working capital.

Silver Storm Closes $14.625 Million First Tranche, Upsizes to $21.0 Million

Silver Storm Mining closed the first tranche of its private placement, raising $14.625 million through 29.25 million units at $0.50. Eric Sprott invested $7.5 million. Strong demand prompted the Company to further increase the offering to up to $21 million, with proceeds supporting drilling at La Parrilla and working capital.

Guanajuato Silver Reports Second Consecutive Quarter of Positive Net Income

Guanajuato Silver reported its second consecutive profitable quarter, with Q2 2026 net income of US$557,000 on US$42.5 million revenue. Mine operating income reached US$9.1 million and adjusted EBITDA US$5.8 million. Silver production increased 2% to 347,481 ounces, while the Company substantially reduced debt and ended the quarter with US$19.9 million in cash and investments.

Pinnacle Extends Closing Date of Private Placement to September 26, 2026

Pinnacle Silver and Gold received TSXV approval to extend its $2.2 million private placement to September 26, 2026. The company previously closed a $652,080 first tranche. Proceeds will advance the El Potrero gold-silver project in Durango, including project evaluations and working capital, supporting Pinnacle’s strategy toward potential near-term production.

First Majestic Files NI 43-101 Technical Report for the Los Gatos Silver Mine

First Majestic filed an NI 43-101 Technical Report for the Los Gatos Silver Mine in Chihuahua, supporting Mineral Resource and Reserve estimates effective December 31, 2025. The report contains no material changes from estimates disclosed in March. First Majestic owns 70% of Los Gatos and operates the mine, with Dowa Metals & Mining holding 30%.

Mobile View

GoGold Commences Construction of the Fully-Funded Los Ricos South Mine

GoGold Resources commenced construction of the fully funded Los Ricos South Mine in Jalisco following receipt of its federal permit in June. The company has US$284 million cash and zero debt. Plant design is 85% complete, earthworks are underway, and underground development begins January 2027. First silver-gold production is targeted for June 2028.

Silverco Mining Provides La Negra Mine Operations Update

Silverco Mining reports operational improvements at La Negra, targeting 2,500 tpd nameplate capacity by H1 2027. Initiatives include a renewed underground fleet, dry-stack tailings system, improved grade control and campaign milling. A 15,000-metre exploration program is underway, while SGS prepares an updated resource estimate and PEA expected in late Q3 2026.

Algo Grande Copper Announces Upsizing of Private Placement

Algo Grande Copper upsized its non-brokered private placement from $3 million to $5 million, offering up to 8.33 million shares at $0.60 each. Proceeds will fund ongoing drilling and exploration at the 100%-owned Adelita copper-gold-silver project in Sonora, plus operating costs and working capital.

Silver Storm Closes $14.625 Million First Tranche, Upsizes to $21.0 Million

Silver Storm Mining closed the first tranche of its private placement, raising $14.625 million through 29.25 million units at $0.50. Eric Sprott invested $7.5 million. Strong demand prompted the Company to further increase the offering to up to $21 million, with proceeds supporting drilling at La Parrilla and working capital.

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

End of Mobile View Section