Xali Gold is advancing its Pico Machay Gold Project in Peru by initiating a multidisciplinary program to conduct an updated mineral resource estimate and a Preliminary Economic Assessment (PEA) in parallel. The company is also progressing environmental permitting (FTA and EIA-d) and planning a 3,000m diamond drill program for resource confirmation.
PPX Mining Corp. announced high-grade gold, silver, and copper drill results from its 2026 underground program at the Callanquitas Mine in northern Peru. The drilling confirmed the continuity of the Tension vein and Callanquitas East zone, extending mineralization to the north, south, and at depth, and identified a new mineralized zone. Notable intercepts include 20.04 g/t Au over 0.85 m and 2251 g/t Ag with 3.0% Cu over 0.90 m, with results from one hole still pending.
Peruvian Metals Corp. has commenced underground development at the Palta Dorada gold-silver property in Peru, focusing on accessing high-grade sulphide zones. The announcement details infrastructure improvements, including new mine portals and shafts, alongside metallurgical test results confirming viable recoveries for both oxide and sulphide materials.
Peruvian Metals reports that its Aguila Norte plant is on track for full production in 2026, having processed 6,046 mt in July and August. Additionally, surface sampling of the tailings area returned 2.4 g/t Au and 90 g/t Ag, with metallurgical tests confirming high recoveries of 93% for gold and 87% for silver.
Excellon Resources has defined seven exploration targets at its Tres Cerros property in Peru using district-scale mapping and grab sampling. Surface geochemistry returned high-grade intercepts including up to 14 g/t gold and 9,050 g/t silver, with an initial drill program planned for the first half of 2027.
PPX Mining Corp. has obtained environmental approval (FTA) from Peru's Ministry of Energy and Mines for a 10,315-metre diamond drilling program at the Portachuelos area of the Igor Project. The program, consisting of 58 holes, aims to follow up on historical high-grade gold, silver, and copper mineralization. Drilling is expected to commence by the end of September 2026.
Xali Gold reported new assay results from surface channel, rock chip, and underground sampling at its Pico Machay Gold Project in Peru. The program confirmed high-grade gold mineralization, including 13.76 g/t Au over 4.5m from a surface channel, and extended the known mineralized system with new intercepts from underground workings up to 1,000m from the historical resource area. The results will support an upcoming resource update and future exploration.
Hannan Metals has expanded the known width of the mineralized breccia at the Previsto prospect in Peru from 185m to 305m using channel sampling. The campaign maintained a 100% hit rate for gold or silver mineralization across 323 total samples and defined a high-grade silver footprint. The company has also submitted its environmental impact statement (DIA) to advance toward its first drilling program.
Hannan Metals has submitted its Environmental Impact Statement (DIA) for the Amanecer gold-copper project in Peru, a key requirement to begin drilling. The submission targets the Previsto prospect, which is identified as Peru's first documented alkaline epithermal gold-copper system. Final approvals are expected in Q1 2027, enabling a planned 7,650 m diamond drilling program.
Xali Gold announced initial channel sampling results from its Pico Machay Gold Project in Central Peru, highlighting several high-grade gold intercepts from both underground and surface channels. The program aims to validate and upgrade a historical mineral resource estimate, with approximately 25% of the samples processed to date. The company expressed confidence in the project's potential and looks forward to completing a resource update and Preliminary Economic Assessment.
