Heliostar Metals Ltd. notes positive Mexican government commentary on permitting for its La Colorada gold project in Sonora. The Veta Madre open-pit expansion permit, applied for in Q2 2025 and fully submitted by November, is expected to be automatically approved via “positiva ficta” in Q1 2026, enabling mining restart.
Pinnacle Silver and Gold Corp. is preparing an underground drill program at its El Potrero project in Durango, Mexico, targeting high-grade gold-silver in the Dos de Mayo vein. Plans include 112 holes (~2,600m) over 6 weeks, testing 500m strike. High grades: up to 85.1 g/t Au, 520 g/t Ag underground; 37.4 g/t Au, 2,280 g/t Ag surface. Development starts early 2026.
Kingsmen Resources Ltd. (TSXV: KNG) reported high-grade gold assays from 527 samples at the Juliettas prospect on the South Block of its 100%-owned Almoloya gold-silver project in Chihuahua, Mexico, including 28 samples >6.16 g/t Au (up to 34.09 g/t over 0.5m) over ~500m strike. Sampling continues to explore the vein/stockwork system.
Silver Valley Metals mutually terminated its agreement to acquire Finnish gold projects (effective Dec 12, 2025), with potential future equity stake. Shareholders overwhelmingly approved resolutions at AGM. Company holds strong assets in Mexico (lithium-potash) and seeks new high-impact acquisitions in 2026.
Pacifica Silver reported strong Phase I drill results at its 100 %-owned Claudia Silver-Gold Project in Durango, Mexico, including 6.35 m of 2.94 g/t gold and 313 g/t silver—with 0.85 m grading 9.27 g/t gold and 1,905 g/t silver—confirming the northern extension of the high-grade Aguilareña vein system and encouraging further exploration.
Fortune Bay Corp. (TSXV: FOR) announced that a new state-protected natural area in Chiapas, Mexico (“Mina Banderas”, decreed Nov. 19, 2025), overlaps ~11% of its Río Negro concession (Poma Rosa gold-silver project), affecting part of the Campamento deposit. The company has filed a federal amparo challenge and reports no immediate operational impact.
EV Resources (ASX: EVR) has finalised a fully funded 1,500-2,000m maiden diamond drill program at its high-grade Los Lirios antimony project in Mexico, set to start early January 2026 pending permits. The Phase 1 drilling targets ~900m of the 4km Lirios Fault Zone to define extensions beneath historical workings, aiming for a maiden JORC resource in Q3 2026.
Equinox Gold Corp. (TSX: EQX; NYSE American: EQX) agreed to sell its Brazil operations (Aurizona Mine, RDM Mine, Bahia Complex) to a CMOC Group subsidiary for $1.015B total ($900M upfront cash + up to $115M contingent on production). Closing expected Q1 2026; proceeds to repay debt and shift focus to North American gold assets.
Silver Viper Minerals Corp. (TSXV: VIPR) has engaged i2i Marketing Group, LLC for a two-month marketing services agreement, including social media, content creation, and digital advertising, for US$300,000 cash. i2i is arm’s-length to the Company and specializes in investor-awareness campaigns for mining firms.
Silver Viper Minerals Corp. (TSXV: VIPR) closed the first tranche of its $17M private placement, raising $14.253M by issuing 17,816,250 units at $0.80 each (one share + one $1.20 warrant exercisable for 24 months). Funds will support exploration at La Virginia Gold-Silver Project in Mexico; second tranche expected week of Dec. 15, 2025.
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