Silver Storm Mining reported that construction of the on-site laboratory at its La Parrilla silver mine in Durango is nearing completion, with commissioning expected by the end of Q2 2026. The lab will support faster sample analysis and operational efficiency as the company advances toward restarting production at the past-producing mine complex.
Pinnacle Silver and Gold has commenced an underground delineation drilling program at its El Potrero project in Durango, targeting high-grade gold-silver zones identified from extensive sampling and 3D modeling. The program will define the size, shape, and grade of mineralized shoots to support a preliminary mine plan, marking a key step toward advancing the project toward potential production.
Sonoro Gold has commenced a fully funded 50,000-meter drilling program at its Cerro Caliche gold project in Sonora, supported by an approximately C$11 million financing. The two-phase program will focus on infill and expansion drilling to grow resources and advance the project toward potential open-pit, heap-leach production.
Luca Mining reported new high-grade drill results at its Tahuehueto mine in Durango, including 6.8 m grading 5.5 g/t gold equivalent, confirming mineralization continuity near existing workings. The results expand known high-grade zones and highlight strong potential for resource growth and near-mine expansion as ongoing drilling targets additional extensions.
Questcorp Mining and Riverside Resources reported high-grade gold-silver and polymetallic results at the La Unión Project, including 30 m of 20.2 g/t gold and 226 g/t silver, plus a new sediment-hosted gold discovery (42 m at 0.3 g/t Au). With a fully funded Phase 2 program underway, work is refining targets and advancing toward summer 2026 drilling.
Riverside Resources reported high-grade gold, silver, and base-metal assays from Phase 2 fieldwork at its La Unión Project in Sonora, including strong channel samples at Union Mine and Union Norte. Results confirmed robust CRD-style mineralization, identified three new targets, and refined drill targets ahead of a fully permitted summer 2026 drilling program.
EV Resources announced that its Tecomatlán processing plant in Puebla has reached operational readiness, with the grinding circuit entering dry commissioning. This milestone marks the transition from refurbishment to execution, significantly reducing technical risk and advancing the project toward near-term antimony production, with first output targeted by the end of 2026.
Silver Spruce Resources announced changes to its proposed director slate for the upcoming annual general and special meeting, adjusting nominees as part of ongoing governance updates. The revisions aim to better align the board with the company’s current strategy while encouraging shareholder participation and approval of the updated slate.
Silver Viper Minerals completed its acquisition of the Coneto silver-gold project in Durango from Fresnillo plc and Orex Minerals Inc. for US$15 million in shares, consolidating full ownership of the district. The deal brings Fresnillo in as a ~13% shareholder and positions Silver Viper to advance a large, historic epithermal vein system with over 40 known structures.
Orex Minerals completed the sale of its Coneto silver-gold project (with Fresnillo plc) to Silver Viper Minerals Corp. for US$15 million in shares, retaining upside exposure through equity. The deal monetizes a non-core asset, strengthens Orex’s balance sheet, and allows focus on its core projects, while Silver Viper gains a district-scale asset in Durango’s prolific epithermal belt.
Mexico Mining Center © 2021 / All Rights Reserved
