Northwire Canada EditionSaturday, July 25, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Production / Operations

Silver Storm equips La Parrilla for underground restart

SVRS · Price

Executive Summary

  • Silver Storm Mining Ltd. has placed orders for critical underground mining equipment and ventilation systems to support the potential restart of its 100%-owned La Parrilla silver mine complex in Durango, Mexico.
  • The company is acquiring new machinery from Jiangxi Siton Machinery Manufacturing Co. Ltd. and upgrading its existing Sandvik fleet, with deliveries and rehabilitation completions scheduled for Q1 2026.
  • These investments are cited as essential steps toward a potential operational restart as early as the second quarter of 2026.

Key Details

  • New Equipment Orders:
    • Total of 10 new units ordered, including 4 low-profile underground haulage trucks, 4 scooptrams, and 6 development/production jumbo drills.
    • Supplier: Jiangxi Siton Machinery Manufacturing Co. Ltd. (China-based).
    • Delivery Schedule: Sequential delivery starting January 2026, completing in Q1 2026.
  • Fleet Rehabilitation:
    • Existing Sandvik equipment sent for maintenance and rehabilitation, including 1 low-profile haulage truck and 4 scooptrams.
    • Completion Schedule: Sequential availability starting January 2026, completing in Q1 2026.
  • Ventilation System Upgrades:
    • Ordered two new Howden industrial-grade surface-based ventilation fans:
      • One 600-horsepower unit for the principal Rosarios mine exhaust.
      • One 250 hp unit to enhance ventilation in west mining areas.
    • Ordered 15 smaller underground auxiliary fan units to assist airflow throughout the complex.
  • Operational Timeline:
    • CEO Greg McKenzie stated these investments are essential for advancing toward a potential restart of operations as early as Q2 2026.
  • Technical Validation:
    • Scientific and technical information reviewed and approved by Shane Ghouralal, PEng, a Qualified Person under National Instrument 43-101.

Notable Quotes

  • "Placing orders for new underground mining equipment and upgrading our ventilation systems at La Parrilla demonstrates Silver Storm's commitment to safety, efficiency and long-term value creation. These investments are essential steps as we advance toward the potential restart of operations as early as the second quarter of 2026 and unlocking the full potential of La Parrilla." — Greg McKenzie, President and CEO
Read the original news release →

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