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Mexico silver mining developments – record Q2

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2026-07-30 00:26 UTC → 2026-08-03 05:52 UTC · added removed

In early June 2026, June, Advance Metals reported a announced that its maiden diamond drill at its the wholly‑owned Gavilanes project in Mexico that intersected a 33.9‑metre zone of high‑grade silver together with zone, including a 220 g/t Ag intercept over 117.6 m and a standout 6.2‑metre slice grading 718 g/t Ag. Deeper intervals also returned notable gold (up to 0.4 g/t) and base‑metal values, supporting its reinforcing the company’s plan for to file a JORC resource upgrade. Two weeks upgrade by year‑end. A fortnight later, Endeavour Silver announced reported high‑grade intercepts drill results from its Terronera operation in Jalisco, Terronera, with more than 500 hole LL‑43 delivering 574 g/t silver Ag and notable gold grades, extending 23.92 g/t Au over 1.06 m and hole TRU‑001 yielding 282 g/t Ag and 1.80 g/t Au across 8.11 m. These intercepts extend mineralisation laterally and at depth and depth, underpinning its the resource‑expansion programme and underground‑mining plans at La Luz. By early July, Endeavour’s second‑quarter output rose 31 % the target to 3.4 million silver‑equivalent ounces (1.94 million oz silver and 10,474 oz gold), driven by Terronera’s commercial production and a plant expansion at Kolpa that lifted throughput by 19 %. The company noted lower grades commence underground mining at the Guanaceví mine reduced contributions, leaving total output slightly below internal targets, but CEO Dan Dickson said the results position the firm well for the balance of 2026. On 29 July, Endeavour Silver posted record La Luz deposit in 2027. Endeavour’s Q2 2026 results, confirming the released on 29 July, confirmed a 31 % rise in silver output to 1,943,955 oz and a 35 % increase in gold to 10,474 oz. Revenue climbed oz, with revenue up 149 % to $212.1 million, million and mine‑operating pre‑tax cash flow before taxes jumped 336 % to of $99.9 million, leaving $236.6 million in cash. The performance was powered by a 36 % throughput boost at million. An August update added that analysts upgraded the Kolpa plant FY2026 earnings‑per‑share estimate to $0.69 and the commissioning of maintained a Terronera LNG plant. Dickson said Buy rating, reflecting confidence in the company’s strong cash position provides a solid foundation for continued and growth in trajectory for the second half of the year, despite a modest post‑release share dip. year.

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  1. 2026-08-03 05:52 UTC Mexico silver mining developments – record Q2
  2. 2026-07-30 00:26 UTC Mexico silver mining developments – record Q2

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