Northwire Canada EditionSaturday, July 18, 2026
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AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Production / Operations Routine +

Silver Storm Commences the Expansion of the La Parrilla Sulphide Flotation Circuit to 1,250 TPD

Silver Storm executes on flotation expansion as it enters final countdown for Q2 2026 La Parrilla restart

Executive Summary

On February 3, 2026, Silver Storm Mining Ltd. announced the delivery of eight new flotation cells to its La Parrilla Silver Mine Complex in Durango, Mexico. Two cells have been installed, and the remaining six are scheduled for installation during Q1 2026. This initiative is designed to expand the capacity of the sulphide flotation circuit by 25%, increasing it from 1,000 tonnes per day (tpd) to 1,250 tpd. Management explicitly linked this expansion to the anticipated restart of mining operations in the second quarter of 2026.

Material Impact

The news is a material execution milestone but is classified as 'Routine - Positive' because it aligns with the 7-9 month rehabilitation timeline first established in October 2025. - De-risking the Timeline: By confirming the physical delivery of long-lead processing equipment, the company reduces the risk of supply-chain delays that often plague mine restarts. - Operational Alignment: The 25% capacity increase targets the "sulphide-dominant" nature of the current mineral resource, suggesting management is optimizing the mill for the specific grades identified in the February 2025 resource update (10.8 Moz AgEq Indicated). - Financial Commitment: This follows the US$7 million drawdown from the Samsung C&T offtake facility, proving that capital is being deployed directly into fixed-asset improvements. - Missing Data: The release lacks specific cost data for the expansion and does not provide an update on the recruitment of the operational workforce required for a Q2 restart.

SVRS · Price
Company Overview

Silver Storm Mining Ltd. (formerly Golden Tag Resources) is focused on its 100% owned La Parrilla Silver Mine Complex in Durango, Mexico. - Flagship: La Parrilla was acquired from First Majestic Silver in 2023. It includes a 2,000 tpd mill (currently being optimized to 1,250 tpd for sulphides), five underground mines, and an open pit. - Status: Currently in Care & Maintenance, moving toward a Q2 2026 restart. - Secondary Asset: The San Diego Project in Mexico, regarded as one of the largest undeveloped silver assets in the country.

Read the original news release →

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