GFM Resources announced a non-brokered private placement of up to 30M units at $0.05 per unit to raise up to C$1.5M. Each unit includes a share and a one-year warrant at $0.05. Proceeds will be used to repay liabilities and for working capital, subject to TSX Venture Exchange approval.
Silver Viper Minerals signed a definitive agreement to acquire 100% of the Coneto Silver-Gold Project in Durango, Mexico from Fresnillo (61.21%) and Orex Minerals (38.79%). The all-share transaction values the project at about US$15 million. After closing, Fresnillo and Orex will become major shareholders in Silver Viper, while the company plans expanded exploration and drilling.
Tocvan partnered with VRIFY to integrate AI-driven prospectivity tools at its Gran Pilar project in Sonora, using advanced data analytics to generate and prioritize high-confidence drill targets. The collaboration aims to accelerate discovery, improve target ranking, and maximize value by leveraging Tocvan’s extensive geological dataset with next-generation exploration technology.
Colibri Resource reported results from its maiden RC drill program at the Plomo claims within the EP Gold Project in Sonora’s Caborca Gold Belt. Drilling intersected gold in 18 of 22 holes, including 7.5 m grading 2.92 g/t Au and 30 m grading 0.73 g/t Au from near surface, indicating a broad mineralized corridor at the San Perfecto target with strong potential for follow-up exploration.
Orogen Royalties announced a non-brokered private placement of up to $10M at $3.46/share to fund generative exploration, royalty acquisitions, and working capital. The offering may include insider participation, with a 5% finder’s fee possible. Closing is expected within 3–4 weeks, subject to regulatory approval.
Orogen Royalties announced a non-brokered private placement of up to $10 million, offering units to investors to raise capital. Proceeds will support generative exploration programs, potential royalty acquisitions, and general working capital as the company expands its royalty portfolio and project-generation strategy in North America. The financing remains subject to regulatory approvals.
Algo Grande Copper reported new exploration results at its Adelita Project in Sonora, Mexico, identifying additional copper-gold-silver skarn mineralization about 3 km south of the Cerro Grande discovery. Rock samples returned copper grades above 3%, confirming mineralization across multiple targets, including Potrero South and Las Trancas, highlighting the district-scale potential of the property.
Capitan Silver announced the arrival of a third drill rig at its Cruz de Plata silver-gold project in Durango, Mexico, further expanding its 2026 exploration campaign. The rig will help accelerate the company’s 60,000-metre multi-rig drilling program, targeting extensions of high-grade mineralization along the Jesús María Silver Trend, including the Peñoles and Gully fault zones.
Tocvan appointed veteran geologist Darin Wagner as Special Advisor, bringing over 35 years of experience in exploration and corporate development. He will provide strategic guidance on exploration, project development, and corporate initiatives as the company advances Gran Pilar toward production, strengthening its technical and strategic leadership.
Defiance Silver announced it has received a drill permit for its Zacatecas Silver Project in Mexico, allowing the company to begin expanded exploration in the historic Zacatecas Mining District. The permit supports drilling at multiple targets within the project area, including the San Acacio deposit, as the company advances resource growth and explores additional high-grade silver mineralization across the district-scale property.
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