Sinda Reports Q3 2026 Results and Exploration Progress

SAN MIGUEL DE ALLENDE, Mexico - November 2, 2026 - Sinda Ltd. (NYSE: SIND, BMV: SIND) announced its third quarter 2026 operational and financial results, highlighting continued drilling success and notable progress toward the Caracol exploration decline.

During the third quarter, Sinda launched earthworks for underground development, moving approximately 6,500 cubic meters of material. The company also advanced Phase 2 drilling by completing roughly 31,150 meters and achieved its highest-grade drill intercept to date at Caracol, alongside maintaining a strong safety record with a TRIFR of 0.00.

Operational Highlights

• Launched earthworks in September, preparing the exploration decline portal and Waste Rock Storage Facility.
• Advanced Phase 2 drilling with 18 rigs, completing 31,150 meters focused on resource conversion and exploration.
• Achieved a record drill intercept at Caracol of 3.05 meters grading 12,494 g/t AgEq.
• Maintained strong safety performance with over 501,480 work hours without lost-time incidents.

Corporate Highlights

• Added to the VanEck Junior Gold Miners ETF (GDXJ) in September 2026.
• Listed on the International Quotation System (SIC) of the Mexican Stock Exchange.
• Appointed Alberto Zinser to the Board of Directors.

As of September 30, 2026, Sinda reported cash and cash equivalents totaling $305.6 million, leaving the company fully funded to execute its ongoing exploration program and underground decline development.