Maiden Drilling Commences at Los Lirios Antimony Project

EV Resources commenced its maiden diamond drilling at the Los Lirios antimony project in Oaxaca, Mexico, with a 1,500–2,000 m program targeting high-priority zones toward a maiden resource. Surface samples returned up to 29% Sb. The company is fully funded and refining assay methods for high-grade antimony.

Minaurum Announces Initial Resource Estimate at Alamos Silver Project of 55 Million Ounces AgEq Grading 320 g/t AgEq

Minaurum Silver Inc. (TSXV: MGG, OTCQX: MMRGF) announced an initial Inferred Mineral Resource Estimate at its 100%-owned Alamos Silver Project in Sonora, Mexico: 5.37 Mt grading 320 g/t AgEq (202 g/t Ag, plus Au, Cu, Pb, Zn), containing 55.2 Moz AgEq. Based on 104 drill holes across three vein zones; resource remains open with ongoing Phase II drilling. Effective January 8, 2026.

Mercado Minerals Announces Commencement of Drone Magnetic Survey and Drone LiDAR Survey on the Copalito Project

Mercado Minerals Ltd. (CSE: MERC) commenced geophysical surveys on its Copalito Project in Sinaloa, Mexico: a high-resolution drone magnetic survey (1,885 ha, 50m spacing) by Jesus Mendez Geoconsultores to map veins and targets for drilling, followed by a drone LiDAR survey (1,867 ha) by GeoDigital Imaging de Mexico for enhanced topography and prospect identification. LiDAR starts early February after magnetic completion.

Colibri Resource Completes Phase 1 Reconnaissance Drilling at the San Perfecto / Banco de Oro Targets at the EP Gold Project, Sonora, Mexico; Initial Assays Received and Additional Sampling Underway

Colibri Resource finished its Phase 1 reverse circulation drilling at the San Perfecto and Banco de Oro targets within the El Plomo (EP) Gold Project in Sonora, Mexico. Initial assay results from pre-holiday holes have been received, with follow-up “shoulder” sampling in progress and remaining samples being prepared for lab analysis.

Sierra Madre Secures Land Use Authorization and Expands Land Holdings at Tlacotal

Sierra Madre Gold & Silver secured land-use authorization for its Tlacotal property at the La Guitarra silver-gold complex (Estado de México), enabling mining and development. The company also expanded land holdings, including areas near the tailings facility, supporting future expansion and planned 2026 drilling.

Continued Drilling at La Preciosa Delivers High-Grade Intercepts

Continued drilling at the La Preciosa silver-gold project in Durango, Mexico delivered high-grade intercepts, including significant silver and gold values over meaningful widths. Results expand known mineralization and support ongoing exploration, guiding future drilling to further define and grow the resource potential.

Silver Dollar Outlines 2026 Exploration Plans at its La Joya Silver (Cu-Au) Project

Silver Dollar Resources outlined 2026 exploration plans at its 100%-owned La Joya Silver (Cu-Au) Project in Durango, Mexico, shifting focus toward higher-grade underground targets. The company has defined five priority drill targets to test deep San Martin-style mineralization, continues detailed mapping/sampling, and is fully funded to begin drilling once targeting is finalized.

Osisko Development Appoints Vice President, Permitting and Compliance

Osisko Development Corp. (NYSE: ODV, TSXV: ODV) appointed Ms. Sarah Harrison as Vice President, Permitting and Compliance, effective February 2, 2026. With over 13 years in mining permitting, environmental assessment, and compliance (Artemis Gold, BC EAO), she bolsters regulatory progress for projects including the Cariboo Gold Project in BC.

Colibri to Conduct Placement of Debenture Units

Colibri Resource Corporation (TSXV: CBI) announced a revised private placement of up to 115 convertible debenture units for US$115,000 in gross proceeds. The offering will be fully subscribed by existing former debenture holders (no new capital), with each unit including a 10% unsecured convertible debenture and warrants. It remains subject to TSXV approval.

Minera Alamos Retains Velocity Trade Capital for Market Making Services

Minera Alamos Inc. (TSXV: MAI, OTCQX: MAIFD) engaged Velocity Trade Capital Ltd. for market-making services to enhance liquidity, reduce volatility, and maintain an orderly market for its shares, per TSXV policies. Velocity Trade will receive a monthly fee of C$6,000; either party can terminate after 60 days with 30 days’ notice. Engagement subject to TSXV acceptance. Announced February 2, 2026.

Questcorp Mining Provides Clarification on Sharing Arrangement

Questcorp Mining clarified that its $2.1 M private placement is linked to a $2 M share-price sharing agreement with Sorbie Bornholm LP. The company received $85,000 upfront, with the balance payable over 24 monthly tranches tied to share performance. Payments may be higher or lower than $2 M and are not escrowed.

Silverco Announces Upsizing of “Bought Deal” Offering to $62.5 Million

Silverco Mining Ltd. upsized its bought deal financing from $40 M to $62.5 M, with Eric Sprott committing $10 M. The deal includes 4 M common shares at $12.50 and 1 M units (each a share plus a warrant at $18.00, 18-month expiry). Proceeds will fund exploration and restart work at the Cusi Project and general corporate needs.

Mobile View

Maiden Drilling Commences at Los Lirios Antimony Project

EV Resources commenced its maiden diamond drilling at the Los Lirios antimony project in Oaxaca, Mexico, with a 1,500–2,000 m program targeting high-priority zones toward a maiden resource. Surface samples returned up to 29% Sb. The company is fully funded and refining assay methods for high-grade antimony.

Minaurum Announces Initial Resource Estimate at Alamos Silver Project of 55 Million Ounces AgEq Grading 320 g/t AgEq

Minaurum Silver Inc. (TSXV: MGG, OTCQX: MMRGF) announced an initial Inferred Mineral Resource Estimate at its 100%-owned Alamos Silver Project in Sonora, Mexico: 5.37 Mt grading 320 g/t AgEq (202 g/t Ag, plus Au, Cu, Pb, Zn), containing 55.2 Moz AgEq. Based on 104 drill holes across three vein zones; resource remains open with ongoing Phase II drilling. Effective January 8, 2026.

Osisko Development Appoints Vice President, Permitting and Compliance

Osisko Development Corp. (NYSE: ODV, TSXV: ODV) appointed Ms. Sarah Harrison as Vice President, Permitting and Compliance, effective February 2, 2026. With over 13 years in mining permitting, environmental assessment, and compliance (Artemis Gold, BC EAO), she bolsters regulatory progress for projects including the Cariboo Gold Project in BC.

Colibri to Conduct Placement of Debenture Units

Colibri Resource Corporation (TSXV: CBI) announced a revised private placement of up to 115 convertible debenture units for US$115,000 in gross proceeds. The offering will be fully subscribed by existing former debenture holders (no new capital), with each unit including a 10% unsecured convertible debenture and warrants. It remains subject to TSXV approval.

Minera Alamos Retains Velocity Trade Capital for Market Making Services

Minera Alamos Inc. (TSXV: MAI, OTCQX: MAIFD) engaged Velocity Trade Capital Ltd. for market-making services to enhance liquidity, reduce volatility, and maintain an orderly market for its shares, per TSXV policies. Velocity Trade will receive a monthly fee of C$6,000; either party can terminate after 60 days with 30 days’ notice. Engagement subject to TSXV acceptance. Announced February 2, 2026.

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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