Daily Mining Update (May 26, 2026) — A quick scan of notable mining and natural-resource company developments reported over the past day, including exploration results, financial/operational updates, and corporate actions.
Copper / Base Metals
- Copper Fox Metals reported final analytical results from its 2026 historical core sampling program at the 100%-owned Van Dyke in-situ copper recovery (ISCR) project in Arizona, with multiple intervals exceeding the total soluble copper cutoff used in its 2020 mineral resource estimate. Newsfile release
- Highlights included DDH M-2: 53.80 m averaging 0.543% total copper (including 34.60 m at 0.725% total copper), and DDH OXY-46: 74.60 m averaging 0.273% total copper (including 19.51 m at 0.518% total copper). Company details
Gold & Precious Metals
- Minera Alamos reported record Q1 2026 financial results, including revenue of US$39.2 million, net earnings of US$10.9 million, and EBITDA of US$15.3 million, alongside Pan mine production of 8,734 oz gold and record sales of 9,134 oz at an average realized gold price of US$4,287/oz. Newsfile release
- Imperial Metals announced a normal course issuer bid (NCIB) permitting the repurchase of up to 890,855 common shares (0.5% of shares outstanding as of May 20, 2026), with purchases to begin May 28, 2026 and end by May 27, 2027. GlobeNewswire release
Exploration Updates (Gold / Copper / Critical Minerals)
- Grizzly Discoveries provided geophysics and sampling updates at its Greenwood projects in British Columbia, including Phase 2 IP survey results at the Sappho target and early-2026 sampling highlights. Newsfile release
- Sampling highlights included a newly identified “Motherlode Northeast” showing with grab samples reported up to 5.12 g/t Au, 66.7 g/t Ag and 0.528% Cu, and a Sappho skarn sample reported at 4.77% Cu. Company details
Financings
- Laurion Mineral Exploration announced a proposed non-brokered private placement of flow-through units and non-flow-through shares, with flow-through proceeds intended for eligible Canadian exploration expenses at its Ishkõday Project and to advance its 2026 drill program (subject to TSX Venture Exchange approval). Investing News Network
This article is for informational purposes only and is not financial advice.
More daily mining coverage: Check back tomorrow for the next roundup of material company updates across gold, silver, copper, uranium, and battery/critical minerals.
