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Discovery Silver Reports 60,269 oz Gold in Q1 2026, On Track Amid Miner Guidance Holds

Discovery Silver produced 60,269 ounces of gold in Q1 2026 from 700,000 tonnes at 2.96 gpt and 90.6% recovery, confirming full-year guidance of 260,000–300,000 oz after selling 59,445 oz at $4,908/oz. This follows G Mining Ventures' Q1 preliminary output of 31,846 oz, down due to waste stripping but with maintained 2026 guidance of 160,000–190,000 oz and H2 ramp-up expected. Both reports highlight steady operations, improving throughput, and positive mine developments like Discovery's Kidd acquisition, fostering bullish sentiment for gold supply dynamics and exposure.

Category

Gold

Sentiment

Bullish

Event

Milestone

Reading time

1 min