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.
Capitan Silver Corp. (TSXV: CAPT) has launched a 60,000-metre multi-rig drilling program for 2026 at its Cruz de Plata silver-gold project in Durango, Mexico—a 400% increase from 2025. Funded by recent C$29M financings, it targets high-priority zones to advance toward a maiden resource.
Orla Mining exceeded its 2025 gold production guidance, delivering 300,620 oz of gold (above the 265,000–285,000 oz target) — its first time breaking 300,000 oz. The strong quarterly result sets the stage for a catalyst-rich 2026 with robust production guidance and ongoing projects at Musselwhite (Canada) and Camino Rojo (Mexico).
EV Resources Ltd (ASX: EVR) has mobilised a fully funded 1,500–2,000m diamond drill program at Los Lirios Antimony Project, Oaxaca, Mexico. Drilling starts late January 2026, targeting high-grade antimony along the 9km Lirios Fault Zone at shallow depths (70–100m) to support a maiden JORC resource in Q3 2026 and future production. Rock chip assays delayed; Tecomatlán plant refurbishment ongoing.
Bear Creek Mining Corporation filed and mailed its meeting materials for a special meeting of securityholders to vote on the proposed plan of arrangement with Highlander Silver Corp. and related interest-deferral agreements. The Board unanimously recommends voting “FOR” the arrangement. Materials are available on the company’s website and SEDAR+.
Kingsmen Resources Ltd reported drilling results from its Las Coloradas project in the Parral district confirming continuity of silver-rich mineralization down-dip and along strike. Key intercepts included 15.7 m @ 74 g/t AgEq (with higher-grade sub-intervals up to 1,379 g/t AgEq) and deeper zones showing increasing width and grade, highlighting untested high-grade potential.
Luca Mining Corp. achieved its full-year 2025 production guidance with stable output from its Mexican operations, boosted cash to about $25.5 M and cut debt significantly, strengthening its balance sheet. Production included payable gold, silver, zinc, copper and lead at Campo Morado and Tahuehueto. It enters 2026 in a stronger financial position.
J2 Metals announced a non-brokered private placement of up to 10 million subscription receipts at $0.25 each for gross proceeds of up to $2.5 million. Upon completion of the Twenty Mile Metals arrangement, each receipt converts into one share and one-half warrant, with whole warrants exercisable at $0.40 for 24 months.
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