Daily Mining Update highlights select mining and natural-resource company announcements from the last couple of days, with a focus on drill results, project advancement, and operational updates.
Hemlo Mining: High-grade gold results from the South-Rim Zone (Ontario)
- Hemlo Mining reported initial 2026 assay results from the South-Rim Zone at the Hemlo Gold Mine near Marathon, Ontario. (PR Newswire)
- Highlights included: “Hole 7652606 intersected 16.07 g/t Au over 8.1 metres, including 59.7 g/t Au over 2.0 metres.” (PR Newswire)
First Mining Gold: Duparquet final 2025 results across North Zone, South Zone, and Minuit (Quebec)
- First Mining Gold reported final results from its 2025 drilling campaign at the Duparquet Gold Project in Quebec, with new intercepts across multiple targets. (PR Newswire)
- North Zone highlight: “DUP25-056 returning 15.14 g/t Au over 5.0 m, including 73.40 g/t Au over 1.0 m from 64.0 m to 69.0 m.” (PR Newswire)
- Minuit Zone highlight: “DUP25-070 returning 9.87 g/t Au over 2.75 m … including 17.90 g/t Au over 0.7 m.” (PR Newswire)
1911 Gold: True North underground development underway (Manitoba)
- 1911 Gold provided an operational update as it advances the True North project toward test mining in 2026 and potential production in 2027. (PR Newswire)
- The company said underground development has commenced, with initial work including “the first 140 m of ramp access into the L10 target area” and a preliminary mine plan estimating “3,551 metres” of total new development to prepare stopes for extraction. (PR Newswire)
Taseko Mines: Florence Copper and Gibraltar Q1 production snapshot
- Taseko reported Q1 2026 production that included 1.5 million pounds of copper cathode at Florence Copper and 30.0 million pounds of copper at the Gibraltar Mine (plus 717 thousand pounds of molybdenum). (Taseko Mines)
Capstone Copper: Q1 2026 results and project progress
- Capstone Copper reported consolidated copper production of 47,960 tonnes in Q1 2026 and reiterated 2026 production guidance of 200,000–230,000 tonnes. (Capstone Copper)
- The company said its Mantoverde “MV Optimized” brownfield expansion remains at an estimated $176 million capital cost, with tie-ins scheduled for Q3 2026 and ramp-up in Q4 2026. (Capstone Copper)
Note: This article is for informational purposes only and is not financial advice.
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