Canasil Resources Inc. closed a $500,000 non-brokered private placement on January 20, 2026, issuing 10 million common shares at $0.05 each. No warrants or finder’s fees were involved. Insiders subscribed for 2.5 million shares. Proceeds will fund operations and exploration on silver-gold-copper projects in BC, Canada, and Mexico.
Silver Tiger Metals announced a Preliminary Economic Assessment (PEA) for the underground at its El Tigre silver-gold project in Sonora, Mexico, showing an after-tax NPV of US $304 million (5% discount), IRR ~42.8%, a ~2.6-year payback and a 15-year mine life. An updated PFS for the Stockwork Zone shows an after-tax NPV of US $456 million.
Luca Mining Corp. was named to the 2026 OTCQX Best 50, a list of the top 50 performers on the OTCQX market based on 2025 total return and trading growth. Inclusion reflects strong investor returns and market activity.
Regency Silver Corp. agreed to option a 100% interest in the La India mineral concession near its Dios Padre project in Yécora, Sonora, Mexico, expanding its land position. The 4,823 ha property has similar geology to Dios Padre. Payments include initial and staged fees plus a future US $1 M on establishing ≥1 M oz gold (or equivalent) NI 43-101 resources; vendors keep a 2% NSR.
Mithril Silver and Gold reported high-grade gold and silver drill results at Target 1 within its Copalquin district-scale project in Durango, Mexico, including significant intercepts up to ~21.9 g/t Au and 357 g/t Ag. Drilling has expanded mineralization laterally and at depth, supporting an upcoming resource update and further exploration across the district.
GoGold Resources reported Q1 2026 production at its Parral operation of 456,179 silver-equivalent ounces (including 205,104 oz silver, 2,914 oz gold, 96 t copper and 150 t zinc). Strong cash flow and a US $245 million cash balance position the company well for advancing its Los Ricos South mine pending permitting.
Pinnacle Silver and Gold Corp. reported strong gold-silver surface and underground samples from the La Estrella vein at its El Potrero project in Durango, Mexico. Assays included values up to 17.7 g/t Au and 24 g/t Ag, and trenching traced the vein ~150 m along strike, expanding the known footprint of the gold-silver system for future drilling.
Silverco Mining Ltd. (TSXV: SICO) announced on January 20, 2026, a binding letter agreement to acquire Nuevo Silver Inc. and 100% of the producing La Negra Silver Mine in Querétaro, Mexico. The deal includes ~US$8M cash, US$11M debt assumption, and milestone payments, targeting immediate production, cash flow, and 10M oz AgEq annually within 3 years.
Kootenay Silver Inc. (TSXV: KTN) commissioned a Preliminary Economic Assessment (PEA) on its La Cigarra silver deposit in Chihuahua, Mexico, targeting completion in Q2 2026. Meanwhile, aggressive 50,000m drilling at Columba aims to expand its 54 Moz Ag resource toward 100 Moz Ag, positioning the company for developer status by year-end amid rising silver prices.
Vizsla Silver Corp. highlighted strong 2025 progress at its Panuco silver-gold project in Sinaloa, Mexico and outlined plans for a transformative 2026, including engineering, ~60,000 m of drilling, geophysics and optimization toward a construction decision once permits are secured. The company also earned a Socially Responsible Company distinction for the fourth straight year.
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