Sinda Ltd. Reports Third Quarter 2026 Results, Highlighting Continued Drilling Success and Notable Progress Toward the Caracol Exploration Decline
Business Wire•02/11/2026•06:31 ET
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Key Highlights
- ➤31,150 meters drilled in Q3 with 18 rigs across Caracol, Agaves, and Don Diego
- ➤Caracol intercept reached 12,494 g/t silver-equivalent over 3.05 meters
- ➤$98 million exploration decline budgeted over three and a half years
- ➤$309.3 million raised; cash resources totaled $305.6 million September 30
- ➤Sinda added to VanEck Junior Gold Miners ETF (GDXJ) effective September 18
Expert Statements
Daniel Muñiz, Executive Chairman of Sinda
“Sinda is laying the foundations for a world-class silver-gold mine, with the third quarter bringing excellent progress in drilling, exploration and site preparation.”
Daniel Muñiz, Executive Chairman of Sinda
“Our priorities are clear: methodically and consistently take the project up the value chain, invest our capital where it can generate the highest returns, and meet or indeed exceed our key milestones.”
Daniel Muñiz, Executive Chairman of Sinda
“With a generational discovery, an experienced leadership team, and a disciplined approach to execution of our development plan in a superb location, we are well positioned to deliver exceptional long-term returns for Sinda’s shareholders.”
Sinda Ltd. Reports Third Quarter 2026 Results, Highlighting Continued Drilling Success and Notable Progress Toward the Caracol Exploration Decline
Sinda Ltd. (NYSE: SIND) (“Sinda” or the “Company”) today announced third quarter 2026 results and the filing of its Form 10-Q.
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