Highlander Silver Corp. completed its business combination with Bear Creek Mining, acquiring all Bear Creek shares in exchange for 0.1175 Highlander shares per Bear Creek share. Highlander also settled debts with Royal Gold and Equinox, repaid Wheaton advances, and Bear Creek is set to be delisted and become a wholly-owned Highlander subsidiary.
Minaurum Silver has expanded drilling at its Alamos Silver Project in Sonora, Mexico, to six rigs as part of a 50,000-metre Phase II program. Step-out drilling continues on key veins like Europa and Travesía-Quintera, with standout high-grade silver-equivalent intercepts reported, supporting plans for an updated resource estimate later in 2026.
Riverside Resources reported expanded porphyry copper-gold targets at its 100 %-owned Ariel Project in Sonora, Mexico, including high-grade rock samples (e.g., up to ~320 g/t Ag and 5.4 % Pb) and alteration signatures typical of major copper systems. Work has refined multiple priority zones and integrated mapping, geochemistry and geophysics, positioning Ariel as a drill-ready, district-scale target near the La Caridad copper belt.
Canasil Resources has named Fabian Espinoza as its new Exploration Manager for Mexico, based in Durango. He’s a certified professional geologist with over 18 years’ experience in regional mineral exploration, including senior roles at companies like Hecla, Alamos Gold and Coeur Mining. His expertise will help shape and advance Canasil’s exploration programs in Mexico.
Masivo Silver Corp. has started its Phase I diamond drilling at the Cerro Colorado Project in Sonora, Mexico, with about 8 holes totaling ~1,500–2,000 m to test high-priority silver-copper targets defined by geological work and historical data. This first drill phase aims to validate geological models and explore mineral continuity at depth.
Silverco Mining reported the final 2025 drill results from its 15,000 m program at the Cusi Property in Chihuahua, Mexico, showing high-grade silver-equivalent intercepts (e.g., 370 g/t over 13.6 m, 803 g/t over 3.7 m, 255 g/t over 6.8 m). Results extend mineralization at San Miguel and San Juan and highlight further district potential. No production decision has been made yet.
Questcorp Mining closed the first tranche of its upsized non-brokered private placement, issuing 13,100,000 units at $0.20 each for gross proceeds of about $2.62 million. Each unit includes a share and a half warrant exercisable at $0.30 until February 24, 2029. Proceeds are earmarked for exploration at the La Union and North Island Copper projects and general working capital.
Silver Storm Mining Ltd. says its rehabilitation of the La Parrilla Silver Mine Complex processing plant in Durango, Mexico is ~50 % complete, advancing crushing, flotation, oxide and milling circuits. The progress is a key step toward a potential restart of operations in Q2 2026, including expanded sulphide processing capacity.
Capitan Silver reported very high-grade drill results at its Cruz de Plata project in Durango, Mexico, including an intersection of 2,451 g/t silver-equivalent over 1.5 m within a broader zone of 684 g/t AgEq over 9.1 m, highlighting expanding high-grade silver mineralization and ongoing diamond drilling to test and extend targets along the Jesús María trend.
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