Luca Mining Corp. reported strong drill results at Campo Morado, including 55.8 m of 5.90 g/t AuEq (with 7.7 m of 10.09 g/t) in hole CMRF25-15, confirming wider, higher-grade gold-rich mineralization near infrastructure. The company has expanded the program, adding a second rig and 10,000 m of drilling to test high-priority targets.
Pacifica Silver Corp. launched a 12,000m Phase II diamond drill program at its Claudia Silver-Gold Project in Durango, Mexico, starting January 15 with three rigs. Following the completed 7,992m Phase I, it will expand high-grade zones and test new southern targets, backed by ongoing exploration including mapping, LiDAR, and IP surveys.
Riverside Resources Inc. outlines a strong 2026 outlook, building on 2025 successes: Blue Jay Gold spin-out, partner-funded Mexico exploration, and C$3.7M strategic investment (including Rick Rule/Sprott). With no debt and ~93M shares, the company plans to advance Canadian/Mexican assets and grow its royalty portfolio through disciplined transactions.
Chesapeake Gold Corp. (TSXV: CKG) announces a $10 million bought deal public offering of 2,380,953 units at $4.20 each. Each unit includes one common share and one-half warrant (exercisable at $5.65 for 36 months). Proceeds will advance proprietary oxidative leach technology, the Metates and Lucy projects, and working capital. Led by Red Cloud Securities, closing expected ~January 27, 2026, with 15% over-allotment option.
Aura Minerals Inc. reported record Q4 2025 preliminary production of 82,067 GEO, up 11% from Q3 and 23% from Q4 2024. Full-year 2025 output reached 280,414 GEO (+5% vs. 2024), achieving the upper half of its 266,000–300,000 GEO guidance, driven by contributions from six mines including strong ramp-up at Borborema and initial output from the acquired MSG mine.
Mexus Gold US provided a corporate update on its Santa Elena Gold Project in Sonora, Mexico, on January 12, 2026. The company, in good standing in Nevada, voluntarily halted OTC trading in 2024 to save over $150,000 annually and redirect funds to the fully permitted 6,000-acre property. It reports 2023 test pit sales of $178,000 at 3.2 gpt gold and seeks a joint venture partner to explore and develop a potential 1-3 million ounce gold/silver deposit, planning to relist publicly once funded amid rising gold prices to $4,400/oz.
Oroco Resource Corp. filed a prospectus supplement dated January 9, 2026 to its base shelf prospectus to qualify a bought-deal public offering of 52,631,600 units at C$0.38 each, targeting ~C$20 million in gross proceeds. Each unit includes one share and half a warrant (exercise C$0.53, 36-month term). Underwriters led by Canaccord Genuity have an option for 7,894,740 additional units. Closing is expected ~January 14, 2026, subject to regulatory approval.
Highlander Silver and Bear Creek Mining amended and restated their merger agreement so that Highlander no longer needs a separate shareholder vote to issue shares in the planned acquisition of Bear Creek. The change streamlines the deal, leaving only Bear Creek’s securityholders to vote by Feb 19, 2026, while all other merger terms stay the same.
Algo Grande Copper has confirmed its Adelita project in Sonora as a large porphyry-skarn system and identified 32 high-priority copper-gold-silver targets using integrated data and AI models. The company has begun a high-definition ground magnetic survey and appointed João Rocha as VP of Exploration to lead technical efforts, while drilling continues at Cerro Grande.
Canasil Resources Inc. (TSX-V: CLZ.H) announces it has applied to the TSX Venture Exchange for approval to grant 5,150,000 incentive stock options to Directors, Officers, Advisors, and Employees. Options priced at $0.05, expire in 5 years. If approved, total outstanding options will be 6,650,000 (46% of available under plan). This partially replaces 6,975,000 options expired/cancelled in 2025; no grants since May 2021.
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