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The Mining and Exploration News in Mexico; Highlights on the Fourth Week of May 2026

 By Jorge Cirett

 During the 22^nd week of the year (May 25t^h to May 31^st, 2026), companies working in Mexico released 21 press releases. One company informed on early-stage property work while six companies presented quarterly reports. One company closed a credit facility, one other secured a working capital facility with the Mexican government, two companies increased their financing rounds, another company declared a dividend, while one more granted stock options. Two companies released drill results on their advanced projects. Two companies announced results of their AGM’s, one changed auditor, another one settled on gold delivery obligations and one other is to report semi-annually. ON MEXICO ISSUES, some paperwork for the mining industry has been simplified. EXPLORATION, in Querétaro, Starcore International Mines reached a community agreement at La Tortilla.  ON MINING, Orogen Royalty, Guanajuato Silver Company, Empress Royalty, Minera Alamos, Sailfish Royalty and Silverco Mining reported quarterly results. ON FINANCING. Minera Alamos closed a US$75 M revolving credit facility and granted stock options. Vizsla Silver secured a working capital agreement with the government for the Pánuco project in Sinaloa. Southern Empire Resources and Sonoro Gold increased their private placements to C$1.75 M and C$15 M respectively, Alamos Gold declared a quarterly dividend, Sonoro Gold.  ON RESOURCES AND DEVELOPMENT, Axo Metals released drilling results from the San Antonio project in Sonora. Minaurum Silver presented results from expansion drilling at the Alamos Silver project in Sonora. ON DEALS AND CORPORATE ISSUES, Americas Gold and Silver settled an agreement on a fixed gold delivery obligation. Sonoro Gold changed auditor. Alamos Gold and Elemental Royalty announced results from their respective AGM’s. Silver Viper adopted semi-annual reporting ON SOCIAL RESPONSIBILITY, Torex Gold released its “2025 Responsible  Gold Mining Report” (Morelos Complex, Guerrero). Pan American Silver released its “2025 Sutainability Report” (La Colorada, Zacatecas).

 ON MEXICO ISSUES

•  Elimina Federación un trámite y simplifica 42 para inversiones mineras: News on Mexico

 ON EXPLORATION

• Starcore Reaches Communities Agreement for La Tortilla Project: Starcore International Mines (San Martín, Querétaro)

 ON MINING

 Orogen Reports Strong Q1 2026 Results with 144% Growth in Net Income: Orogen Royalties (Ermitaño, Sonora)

• Empress Reports 2026 First Quarter Financial Results: Empress Royalty (Tahuehueto, Durango)
• Guanajuato Silver Delivers Record Revenue and Record Net Income in Q1, 2026: Guanajuato Silver Company (El Cubo, Guanajuato)
• Minera Alamos Reports First Quarter 2026 Results, Setting Quarterly Records for Revenue of US$39.2 Million, Earnings of US$10.9 Million, and EBITDA of US$15.3 Million: Minera Alamos (Cerro de Oro, Zacatecas)
• Sailfish Reports Q1 2026 Results: Sailfish Royalty (Royalty on Gavilanes, Durango)
• Silverco Mining Announces Filing of Q1 2026 Interim Financial Statements and MD&A: Silverco Mining (La Negra, Querétaro)

 ON FINANCING

•  Minera Alamos Closes US$75 Million Revolving Credit Facility with Scotiabank and National Bank, Strengthening Balance Sheet for Organic Growth Profile: Minera Alamos (Santana, Sonora)
• Vizsla Silver Secures Working Capital Facility with Mexican Government Financial Institution for Panuco Vizsla Silver (Pánuco, Sinaloa)
• Southern Empire Increases Private Placement to $1,750,000 CAD Southern Empire Resources (Pedro, Durango)
• Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases Under Normal Course Issuer Bid: Alamos Gold (Mulatos, Sonora)
• Sonoro Gold Announces Increase in Private Placement to $15 Million Sonoro Gold (Cerro Caliche, Sonora)
• Minera Alamos Announces Granting of Stock Options: Minera Alamos (Cerro de Oro, Zacatecas)

 ON RESOURCES AND DEVELOPMENT

•  Axo Metals Intercepts 23.6 Metres of 2.13 g/t from Surface at the San Antonio Project: Axo Metals (San Antonio, Sonora)
• Minaurum Drills High-Grade Silver on the Europa Sur Vein Zone at the Alamos Silver Project: 3.20 m of 882 g/t AgEq and 6.20 m of 374 g/t AgEq Minaurum Silver (Alamos Silver, Sonora)

 ON DEALS AND CORPORATE ISSUES

•  Americas Gold and Silver Announces Agreement with Affiliate of Royal Gold to Settle Fixed Gold Delivery Obligation: Americas Gold and Silver (Cosalá, Sinaloa)
• Sonoro Gold Announces Change of Auditor Sonoro Gold (Cerro Caliche, Sonora)
• Alamos Gold Announces Results of the Annual General Meeting of Shareholders: Alamos Gold (Mulatos, Sonora)
• Elemental Announces Voting Results from its 2026 Annual General and Special Meeting Elemental Royalty (Royalty on Mercedes, Sonora)
• Silver Viper Announces Adoption of Semi-Annual Reporting Framework: Silver Viper (La Virginia, Sonora)

 ON SOCIAL RESPONSIBILITY

• Torex Gold Releases 2025 Responsible Gold Mining Report Torex Gold (Morelos Complex, Guerrero)
• Pan American Silver Releases 2025 Sustainability Report: Pan American Silver (La Colorada, Zacatecas)

 On the image below: Epithermal quartz veining and pyrite in volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.