The Silver Letter

Avino Announces Q2 2026 Production Results

(TSX: ASM) Avino Silver & Gold Mines Ltd. reported second quarter 2026 production results of 267,305 silver ounces, 2,178 gold ounces, and 729,929 pounds of copper, totaling 534,945 silver equivalent ounces. La Preciosa development production increased 59% from Q1 2026, contributing 100,658 silver equivalent ounces, including 84,806 silver ounces and 182 gold ounces. Mill throughput in Q2 2026 was 184,293 tonnes processed from both Avino and La Preciosa. The company released an inaugural proven and probable mineral reserve estimate totaling 27 million tonnes containing 95 million ounces of silver at a grade of 109 g/t, 356 thousand ounces of gold at 0.41 g/t, and 85 million pounds of copper at 0.31%, equating to 127 million silver equivalent ounces at a grade of 145 g/t. During Q2 2026, Avino repurchased and cancelled 508,039 common shares, with authorization to repurchase up to 8,428,566 shares before April 7, 2027. The company’s Q2 2026 financial statements and results are scheduled for release on August 12, 2026. The company projects that total 2026 production will be more heavily weighted to the second half of 2026.

Mayo Lake Minerals Announces LIFE Financing up to $1.89 Million Closing to Coincide With Deferred Share Consolidation on August 14, 2026

(CSE: MLKM) Mayo Lake Minerals Inc. announced a non-brokered private placement for aggregate gross proceeds of between a minimum of $1,600,000 and a maximum of $1,890,000 from the sale of common share units at $0.08 per unit and flow-through units at $0.105 per unit. Each CS Unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one common share at CAD$0.12 for thirty-six (36) months from issuance, and each FT Warrant entitling the holder to acquire one common share at $0.14 for thirty-six (36) months. The minimum sale is 6,250,000 CS Units, and the offering is scheduled to close on or around August 14, 2026, concurrently with a share consolidation of one post-consolidation share for every three pre-consolidation shares, reducing outstanding shares from 117,626,370 to approximately 39,208,790. The company has engaged Couloir Securities Ltd. as Finder, with a cash commission equal to 7% of gross proceeds from securities sold by the Finder and 7% in compensation warrants. The net proceeds from CS Units will be used to advance exploration on gold and silver properties in the Mayo-Keno region of Yukon's Tombstone Gold Belt, and FT Unit proceeds will be used for eligible Canadian exploration expenses to be incurred on or before December 31, 2027. The company projects to be well positioned with an improved capital structure and financial resources to advance Yukon gold and silver projects, including a planned 1,000-1,200 metre diamond drill program for the Anderson Gold Trend and anticipated discovery of in situ high-grade silver at Carlin West. All Qualifying Expenditures will be renounced in favour of FT Unit subscribers effective December 31, 2026.

Kingsmen Extends High-Grade Soledad System at Depth, With a 1.4m Intercept of 641 G/t Silver Equivalent, Confirming Continuity Over 135 Meters of Vertical Depth at Its Las Coloradas Silver Project, Chihuahua, Mexico

(TSXV: KNG) (OTCQB: KNGRF) Kingsmen Resources Ltd. reported first assays from its ongoing fully funded diamond drilling campaign at its 100%-owned Las Coloradas silver project in the Parral mining district of the Central Mexican Silver Belt, Chihuahua, Mexico. Hole LC-26-013 intersected 5.20 meters @ 257 g/t AgEq (114 g/t Ag) within a broader alteration zone (130.0–246.9m), including 641 g/t AgEq (425 g/t Ag) over 1.40m (236.55–237.95m), which is among the highest-grade silver intercepts reported by Kingsmen to date. Previously reported hole LC-25-010 returned 1.45 meters @ 1,028 g/t AgEq (455 g/t Ag) (190.25–191.70m), including 1,742 g/t AgEq (770 g/t Ag) over 0.70m (190.85–191.55m), and LC-25-005 returned 15.7 meters @ 74 g/t AgEq (46 g/t Ag), including a lower zone of 1,379 g/t AgEq (848 g/t Ag & 0.87 g/t Au) over 0.6m. Silver-gold mineralization has now been intersected over a minimum of 135 metres of vertical depth across the three-hole fence, and mineralization remains open at depth and along strike. Over 1,000 samples from 19 holes completed to date have been submitted to ALS Geochemistry in Chihuahua, Mexico for analysis, with assays pending for the majority of these holes. The Las Coloradas Project covers 8.5 km² (3.3 sq. miles) and represents a consolidation of a historic mining district previously exploited by ASARCO, the U.S.-based subsidiary of Grupo Mexico. The company projects further results as assays are received, processed and evaluated, and believes it is only beginning to unlock the district-scale potential of this asset.

Talamore Reports High Grade Assays From Supremo Extension

(TSXV: TALA) (OTCQB: TALMF) Talamore Mining Corporation reported results from 55 holes of an ongoing 40,000-metre infill and exploration drilling program at its wholly-owned Coffee Gold project in Canada's Yukon Territory. Drilling is targeting the higher-grade Supremo Extension zone, which currently hosts an Indicated Resource of 2,437 kt at a grade of 1.18 grams per tonne (g/t) gold for a contained 92,000 ounces of gold, and an Inferred Resource of 6,059 kt at a grade of 1.72 g/t gold for a contained 335,000 ounces of gold. Today's release includes assay results from 55 reverse circulation holes totalling 7,447 metres of a planned 25,000 metres of infill drilling at Supremo Extension. A total of 157 drill holes for approximately 22,348 metres have been completed through June of this year. Drilling highlights include 5.37 g/t Au over 8.4 m in hole 26-SPX-RC084 and 1.50 g/t Au over 42.4 m in hole 26-SPX-RC100. The company projects that these results will increase the grade at depth and should lower the stripping ratio, and that the infill drilling will upgrade resources from Inferred to Indicated for inclusion in the Feasibility Study currently underway. Infill and/or expansion drilling has also started on the Supremo and Latte zones, and once completed, drills will move to several regional targets to be tested this summer.

AbraSilver Announces Leadership Appointments as the Company Transitions to Development at Diablillos

(TSX: ABRA) (OTCQX: ABBRF) AbraSilver Resource Corp. announced a series of appointments and promotions to its Board of Directors and senior management team as its Diablillos silver-gold project in Argentina transitions into the development phase. Marie Inkster has been appointed as Executive Chair of the Board of Directors, and John Miniotis, President and CEO, has been appointed as a Director of the Company. Jeremy Weyland has been promoted to Chief Operating Officer, and Hernan Zaballa and Sam Leung have stepped down from the Board of Directors but will continue to support the Company in different capacities. The Company has completed the Definitive Feasibility Study for the Diablillos project and has all key permits and approvals in hand. AbraSilver is actively expanding its Project Development team, with additional appointments expected in the very near term at both the Diablillos site and at the corporate level. The Company has also entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. The company projects further appointments to its Project Development team and plans for advancing the Diablillos project toward a formal construction decision.

Silver Acadia Reports Additional High-Grade Silver-Gold Results and Completed a Geological Study for Future Drill Targets

(CSE: SLA) Silver Acadia Exploration Inc. announced additional high-grade assay results from the Phase 1 drill program at the Hachey Zone on its flagship Nicholas-Denys Project. The company reported assay highlights including 0.95 m @ 1,210.1 g/t Ag, 4.6 g/t Au, 4.82% Zn and 5.38% Pb (0.95 m @ 1,426.9 g/t AgEq) in hole ND26-007A, and 3.85 m @ 71.4 g/t Ag, 0.2 g/t Au, 2.24% Zn and 0.91% Pb in hole ND26-009. The structural study by Terrane Geoscience Inc. identified a mineralized corridor extending approximately 3 kilometres, with multiple connected zones grading over 100 g/t Ag, and confirmed that the principal silver-gold-zinc mineralization is structurally controlled. The company controls more than 250 km² of prospective mineral claims in New Brunswick, Canada, and the drilling campaign at the Hachey Zone commenced in January 2026. The company projects that additional drilling and geological work are required to confirm the continuity and extent of the mineralized corridor and to better understand and target higher-grade gold mineralization across the Hachey system. The study also identifies a potential third and younger gold-bearing mineralization event that may overprint the two earlier silver-rich systems. All assay values are uncut, and intervals reflect drilled intercept lengths; true widths have not been determined as the mineralized body remains open in all directions.

Hannan Expands Mineralized Breccia Footprint at Previsto to 305 Metres

(TSXV: HAN) Hannan Metals Limited reported expansion of the high-grade gold zone at its 100% owned Previsto prospect, Peru. The width of the mineralized breccia unit increased from 185 m to 305 m, with peak grades of 2.6 g/t Au and channel intervals up to 44.9 m @ 0.4 g/t Au. All 175 channel samples from the latest campaign returned gold or silver mineralization, and combined with 148 previous samples, all 323 channel samples at Previsto Central have returned mineralization, representing a 100% hit rate. Highlight channel results include 44.9 m @ 0.4 g/t Au, 9 g/t Ag; 17.4 m @ 0.9 g/t Au, 18 g/t Ag; and a high-grade silver zone measuring 450 m x 120 m with grades above 5 g/t Ag. The DIA (Declaracion de Impacto Ambiental) for the Amanecer gold-copper project was submitted on July 14, 2026, providing for 18 drill platforms and 7,650 m of diamond drilling. Final DIA and other approvals are anticipated during Q1 2027, after which drilling can commence. The company projects that recent regulatory changes in Peru are expected to expedite permitting for the project.

Independence Gold Discovers New High-Grade Goofy Vein Returning 14.70 G/t Gold Over 9.10 Metres at the 3Ts Project, BC

(TSXV: IGO) (OTCQB: IEGCF) Independence Gold Corp. announced the discovery of the new Goofy Vein, located approximately 250 metres west of the Ted-Mint Vein System at its wholly-owned 3Ts Gold Project. The 3Ts Project comprises thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region, situated approximately 185 kilometres southwest of Prince George, British Columbia. Discovery drill hole 3TS-26-39 intersected 9.10 metres grading 14.70 grams per tonne gold and 36.70 grams per tonne silver, with an estimated true width of 7.00 metres, including a higher-grade interval of 1.70 metres at 63.67 grams per tonne gold and 54.11 grams per tonne silver. The company has completed its planned 2026 diamond drilling program, with 10,000 metres drilled across the 3Ts Project, and demobilization of the drill rigs has now been completed. Additional drilling has been completed along strike and beneath the Goofy Vein discovery, with assays currently pending. The Goofy Vein discovery is the second blind vein discovery generated using the company's evolving structural targeting model, following the recently announced Balrog discovery. The company projects that further drilling will be required to determine the full extent and economic significance of the Goofy Vein, and that the discovery may contribute to future resource growth at the 3Ts Project.

Aftermath Silver Begins Drilling at Berenguela Eastern Copper Target and Challacollo Silver Project in Chile

(TSXV:AAG) (OTCQX:AAGFF) Aftermath Silver Ltd. announced that drilling has commenced at the eastern limits of the Berenguela mineral resource to investigate high grade copper intercepts from previous drill programs. A limited drill program is also underway at the Challacollo Ag-Au project in Region 1 of northern Chile, with an initial 5-hole diamond core program of roughly 800m. Previous drilling at Berenguela included hole AFD139 which returned 69m @ 1.19% Cu + 78g/t Ag, and hole AFD100 which assayed 156m grading 1.12% Cu, 290 g/t Ag and 7.3% Mn beginning at surface. The initial Berenguela program allows for up to 1,000m of core drilling but may be expanded depending on results. The Challacollo Silver-Gold Project has a total indicated resource of 6,640 Kt at 165 g/t Ag and 0.27 g/t Au, and a total inferred resource of 2,803 Kt at 124 g/t Ag and 0.17 g/t Au. The company projects that drilling at Challacollo aims to expand and increase the mineral resource by extending known veins and testing new targets.

Great Southern Copper — Cu-Ag Channel Results Confirm Scale of Monolith

(LSE: GSCU) Great Southern Copper plc reported results from recent surface channel sampling at the Monolith Target, Cerro Negro Prospect, part of the Especularita Project in Chile. Results from 20 channel traverses, representing 409 metres of sampled outcrop and 214 samples, confirmed broad zones of highly anomalous copper-silver mineralisation, including CH041: 78m @ 10.1 g/t Ag & 736 ppm Cu, and CH021-A: 56m @ 28.5 g/t Ag & 1,745 ppm Cu. The mineralisation is hosted in altered dacite dome rock and defines a zone over an area of 700 x 400m, with background values in unmineralised dacite of only 10-20 ppm copper and 0.05 g/t silver. GSC holds rights to own 100% of the Cerro Negro prospect, including the Mostaza mine, located at low elevation with excellent access to infrastructure. Channel samples were collected as continuous chip samples, generally over 1-2m intervals, and processed at ALS Laboratories in Santiago, Chile, and ALS Lima, Peru. The company projects that higher grades are likely to occur at depth below the weathering profile and plans additional geophysical surveys and drill testing.

Production Report for 6 Months Ended 30 June 2026

(LSE/AIM:HOC) Hochschild Mining PLC reported attributable production of 76,231 gold equivalent ounces and 5.9 million silver equivalent ounces in Q2 2026, with Inmaculada and San Jose generating robust operating cash flow and Mara Rosa showing improved production. For H1 2026, attributable production was 151,830 gold equivalent ounces and 11.7 million silver equivalent ounces, with total cash and cash equivalents and short-term investments of approximately $309 million as at 30 June 2026. Net cash stood at approximately $51 million as at 30 June 2026, compared to net debt of $22.7 million as at 31 December 2025. Attributable all-in sustaining costs are currently 5-10% above the guided range of $2,157 to $2,320 per gold equivalent ounce. A final 2025 dividend of $26 million was paid to Hochschild Mining PLC shareholders in June, and a dividend of $58 million was paid to San Jose joint venture partner, McEwen Mining Inc. during H1 2026. The company projects 2026 attributable production of between 300,000 and 328,000 gold equivalent ounces and expects an investment decision on the Monte Do Carmo project in the second half of 2026.

El Pantano Project Developing

(TSXV:OMI, AIM:OMI) Orosur Mining Inc. announced an update on its El Pantano gold/silver exploration project in Argentina, stating that it now owns the project 100% after meeting all JV obligations and investing US$3m over 5 years from February 14th, 2022. The company completed a drilling program of 24 diamond drill holes totaling 5,533m, with notable results including DH_ELP003 returning 18.0m at 0.46 g/t Au (including 4.9m at 0.79 g/t Au), and DH_ELP018 with 27.12m at 0.20 g/t Au. The project comprises approximately 560km2 of contiguous granted licences in Santa Cruz province, Argentina. As part of the Phase 2 obligations, Orosur granted the original vendors a 2% NSR royalty on future production, with 1% purchasable for US$1m. The NI 43-101 Technical Report was completed and filed, dated 13 July 2026 with effective date 15 May 2026. The company projects further exploration plans over the winter recess based on the technical report's recommendations.

Silver One Resources Announces Restart of Drilling Program at Candelaria

(TSXV: SVE) (OTCQX: SLVRF) Silver One Resources Inc. announces that drilling activities at its 100%-owned Candelaria Silver Project in Nevada will resume following the brief interruption of the previously announced program disclosed on May 27, 2026. The May 2026 drilling program was designed as a major 20,000-25,000-metre reverse-circulation ("RC") and potential diamond ("DDH") campaign, but was halted shortly after commencement, with no drill holes completed and the single hole initiated abandoned due to operational issues. Major Drilling has been contracted to resume the drilling campaign, with mobilization underway and drilling scheduled to begin immediately upon completion of site setup, which is expected to occur approximately a day after mobilization. The renewed program will maintain the technical objectives outlined in the May 27, 2026 release, including resource expansion drilling targeting areas adjacent to existing Measured, Indicated, and Inferred resources at Candelaria, exploration of new targets, and condemnation drilling to support infrastructure planning. Silver One holds 100% interest in its flagship project, the past-producing Candelaria Mine located in Nevada, and owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln County, Nevada. The Company also owns a 100% interest in the Silver Phoenix Project, a very high-grade native silver prospect within the "Arizona Silver Belt," immediately adjacent to the prolific copper producing area of Globe, Arizona. The company projects that the operational reliability and technical capabilities provided by Major Drilling will allow for steady progress throughout the summer and fall drilling season.

Lahontan Provides Corporate Update

(TSXV: LG) (OTCQB: LGCXF) Lahontan Gold Corp. announced that its wholly owned subsidiaries, Gateway Gold Corp. and Gateway Gold (USA) Corp., have been served with a Statement of Claim filed in the Ontario Superior Court of Justice by Vox Royalty Cayman SEZC, alleging breach of an offtake agreement dated April 13, 2018, and seeking monetary damages and other relief. The Santa Fe Mine project, Lahontan's flagship property, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources. The company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and continue drill testing its satellite West Santa Fe project during 2026. The company does not expect the commencement of the Claim to have a material impact on its day-to-day operations or on the continued execution of its business strategy. Gold price assumptions are US$1,950/oz and silver price assumptions are US$23.50/oz, with oxide gold recoveries ranging from 28% to 79%, oxide silver recoveries from 8% to 30%, and non-oxide gold and silver recoveries of 71%.

Sunrise Resources: New Copper-Silver-Gold Project, Nevada

(LSE: SRES) Sunrise Resources Plc announced it has established a new copper-silver-gold project in Nevada, USA, named the Lake Copper-Silver-Gold Project, after securing a lease & option to purchase agreement over a mining claim and staking a further ten adjacent mining claims. Drill intersections include 50m grading 0.73% copper, 31g/t silver and 0.2g/t gold from surface, with company surface samples assaying up to 198g/t silver, 0.13% copper and 0.3g/t gold. The project is located at the south-west end of the Humboldt Range, 98km east-northeast of Reno, with access from Interstate Highway I-80 and Highway 95. The lease/option agreement includes a 7-year term (extendable to 21 years), a nominal payment of US$100 on signing, annual payments starting at US$5,000 and rising to $20,000, a 2% NSR royalty (buyable for US$500,000), and an option to purchase the claim for $150,000. Fourteen shallow holes (mainly <100m deep, max 150m) were drilled in the claim area by Utah International in the 1980s, with significant intersections including hole MH-4. The company is targeting an intrusion related copper-precious metals deposit and plans next steps including geophysical surveying and follow up drilling as resources allow. Management states that the path forward for this project is clear with the next steps already defined.

Orestone Advances Exploration at Tom East and Kelly Gold Zones on the Francisca Gold Silver Property in Salta Province Argentina

(TSXV: ORS) Orestone Mining Corp. announced that follow-up exploration is underway at the recently discovered Tom East and Kelly gold zones along the Francisca Gold Trend. The Francisca Gold-Silver Project covers 23 square kilometres and is located in Salta Province, northwestern Argentina, approximately 80 kilometres northwest of the city of Salta. The Francisca Gold Trend now covers a northwest strike length of 1500 metres, with a 1700 metre long by 500 to 700 meter wide induced polarization (IP) chargeability anomaly of 7.9 mV/V. During the recent Phase I exploration program, hand trench sampling at Tom East yielded 4.45 g/t gold over 21 metres in Trench 6B. At the Kelly Gold Zone, mapping and sampling defined a 50 metre wide quartz-limonite vein stockwork zone grading 0.37 g/t gold and 2.15 g/t silver. The Captain Gold-Copper Project in British Columbia, Canada is 100 percent owned by the company and is permitted for 79 drill locations. The company projects that its near-term objective on the Francisca Gold Project is to define an oxide gold deposit mineable by open pit methods.

Mexican Gold Mining Corp. and Alcon Silver Corp. Complete Arrangement to Create Platauro Metals Corp., a Diversified Precious Metals Exploration Company

(TSXV: PURO) Platauro Metals Corp. announced the successful completion of its plan of arrangement, acquiring all issued and outstanding common shares of Alcon Silver Corp. in exchange for Platauro shares, resulting in former Alcon shareholders holding approximately 53% of Platauro on a non-diluted basis. A total of 40,797,830 Consideration Shares were issued to Alcon shareholders at a deemed price of approximately $0.27 per share, for aggregate deemed consideration of approximately $10,879,640. The company completed a consolidation of its outstanding common shares on a 1.6667-for-one basis and changed its name from "Mexican Gold Mining Corp." to "Platauro Metals Corp.". Platauro also completed a non-brokered private placement of 11,495,000 subscription receipts at a price of $0.20 per Subscription Receipt for aggregate gross proceeds of $2,299,000. Each Warrant issued in the financing entitles the holder to acquire one common share at an exercise price of $0.30 per share for a period of thirty (30) months following the closing date. The net proceeds of the Concurrent Financing will be used for exploration of the Princesa project, exploration of the Rowdy claim at Tatatila, legal fees associated with the Las Minas claims dispute, and for general corporate and working capital purposes. The company projects growth, development and exploration activities at the Las Minas and Princesa projects.

AbraSilver Intersects 109 Metres of 221 G/t Silver and 0.72 G/t Gold at Oculto West, Including 14 Metres of 580 G/t Silver

(TSX: ABRA) (OTCQX: ABBRF) AbraSilver Resource Corp. reported new assay results from its ongoing Phase VI drill program at the wholly-owned Diablillos project in Argentina. Hole DDH 26-036 intersected 109.0 metres grading 221.2 g/t silver and 0.72 g/t gold from 114.0 m downhole at Oculto West, including a higher-grade interval of 14.0 m at 580 g/t silver and 0.23 g/t gold. The same hole also encountered 7.6 m of 0.73% copper from 240.5 m and 15.0 m of 0.54% copper from 269.0 m beneath the oxide zone. Hole DDH 26-022 along the JAC-Oculto trend intersected 63.0 m grading 32.8 g/t silver from 60.0 m, including 11.0 m of 101.4 g/t silver. The most recent tank and heap leach Mineral Resource estimate for Diablillos, as of April 30, 2026, shows Measured & Indicated Oxides of 231,981,000 tonnes grading 33 g/t silver and 0.34 g/t gold, containing 248,053,000 oz silver and 2,542,000 oz gold. Following completion of the DFS in June 2026, the Project hosts Proven and Probable Mineral Reserves of 77.9 Mt grading 146 g/t silver equivalent, containing 184 Moz of silver and 1.8 Moz of gold (366 Moz AgEq). The company projects that these results will support expansion of the precious metals Mineral Resources in the oxide zone and will be incorporated into an updated Mineral Resource estimate.

First Majestic Enters Into Definitive Agreement to Sell Its San Martin Silver Mine for Total Proceeds of US$90 Million

(NYSE: AG) (TSX: AG) First Majestic Silver Corp. has entered into a definitive agreement dated July 6, 2026 to sell its 100%-owned past producing San Martin Silver Mine in Jalisco State, Mexico, to Flextronics Supply and Service, S. de R.L. de C.V for total cash consideration of US$90 million. The transaction includes upfront consideration of US$2.5 million payable upon closing (with US$500,000 already deposited into escrow), and an additional US$87.5 million in future payments. The acquisition also includes the Jalisco Group of Properties, consisting of 5,245 hectares of mining concessions owned by El Pilon, located in the municipalities of Etzatlán and Tototlán, Jalisco. Flextronics will acquire all of the issued and outstanding shares of Minera El Pilon, S.A. de C.V., a wholly-owned subsidiary of First Majestic. The San Martin Silver Mine was placed under care and maintenance by First Majestic in July 2019. First Majestic presently owns and operates four producing underground mines in Mexico and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project in northeastern Nevada, U.S.A. The company anticipates that the transaction will close in the fourth quarter of 2026, subject to customary closing conditions and Mexican Antitrust approval.

J2 Metals Mobilizes UAV Drone Mag Survey at Sierra Plata Silver-Gold-Antimony Project, Zacualpan-Taxco District, Mexico

(TSXV: JTWO) (OTCQB: JTWOF) — J2 Metals Inc. announced that crews have been mobilized to complete a high-resolution unmanned aerial vehicle (UAV) drone magnetometer geophysical survey across its Sierra Plata silver-gold-antimony project in the Zacualpan-Taxco district of Guerrero State, Mexico. The survey will cover approximately 1,885 hectares of the Sierra Plata Project area for a total of 562 line-kilometres, including tie lines, with line spacing of 50 metres and tie-line spacing of 500 metres. The airborne magnetic survey will be carried out by JM Geoconsultores of Querétaro, Mexico, and will officially commence field activities July 8, 2026. Recent sampling of waste dumps at Sierra Plata returned grades of up to 3,932 g/t AgEq across five past-producing silver-gold mines. At the Miniac Project in Québec's Abitibi Greenstone Belt, a newly completed 41-kilometre OreVision™ IP survey has identified prospective anomalies, supporting a planned Phase II drill program of up to 5,000 metres across a 7-kilometre conductive horizon. At the Napoleon Project in Alaska, rock-chip samples have returned up to 596 g/t gold, with historical drilling by Teck and Kennecott reporting intercepts of 8.9 g/t gold over 3 metres and 0.9 g/t gold over 79 metres. The company anticipates identifying a large number of high-priority targets for drill evaluation.

Aya Gold & Silver Reports Record Q2-2026 Silver Production

(TSX: AYA; NASDAQ: AYA) Aya Gold & Silver Inc. announced record consolidated production of 1.68 million silver equivalent ounces (Moz AgEq) for the three-month period ended June 30, 2026, up 61% year-over-year and 12% quarter-over-quarter. The Zgounder Silver Mine produced 1.49 Moz Ag in Q2-2026, representing a 43% increase YoY and 18% QoQ, with a record processing rate averaging 3,889 tonnes per day and a record mining rate averaging 4,880 tpd. Silver recovery averaged 91.2% during the quarter, and mill availability remained strong at 97%. The Boumadine pyrite reclaim operation contributed 0.19 Moz AgEq, with 17,153 tonnes processed at average grades of 179 g/t Ag and 2.43 g/t Au. The stockpile at Zgounder increased by 33% QoQ to 373,884 tonnes, aligning with the company's objective of building a three-month inventory. The construction of the second phase of the tailings storage facility is expected to be completed in early Q3-2026, as planned. The company projects that the introduction of bulk shipping at Boumadine, alongside ongoing containerized shipments, is expected to significantly increase pyrite shipping capacity in H2-2026.

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