Pacifica Silver appointed Stephen Redak as Vice President of Exploration, strengthening its technical team as it advances the Claudia silver-gold project in Durango. Redak brings more than 20 years of epithermal exploration experience in Mexico and the U.S., including senior roles at Hecla Mining. Interim VP Dr. Steve Weiss will remain as Technical Advisor to ensure continuity.
Silverco Mining reported strong underground drill results from the Promontorio zone at its Cusi Project in Chihuahua, highlighted by 1,100 g/t silver over 10.3 metres, including 6,452 g/t AgEq over 0.7 metres. The results confirm wide, high-grade mineralization and suggest significant vertical exploration potential, supporting the planned restart of mining operations.
GR Silver Mining appointed Eric Zaunscherb as President and CEO, effective immediately, following his interim leadership after the passing of founder Márcio Fonseca in March. The company said it remains focused on its 20,000-metre resource expansion drill program at the Plomosas project, with an updated Mineral Resource Estimate and Preliminary Economic Assessment planned following completion of drilling.
Goldgroup Mining announced it has received final court approval for its previously approved plan of arrangement with Gold Resource Corporation. With shareholder, court, and key regulatory approvals now in place, the merger remains on track to close on or about July 17, 2026, creating a larger Mexico-focused precious metals producer.
Pacifica Silver completed its first 31.6-kilometre IP-resistivity survey at the Claudia silver-gold project in Durango, identifying a large, near-surface chargeability anomaly known as the “Judy” target. Encouraged by the results, the company has redeployed a drill rig to test the new target with an initial five-hole program while advancing its ongoing Phase II drilling campaign.
Capitan Silver reported additional high-grade drill results from its 60,000-metre program at the Cruz de Plata project in Durango, with all eight holes intersecting silver mineralization. Highlights include 1,077.1 g/t AgEq over 1.1 m within 6.7 m grading 342.2 g/t AgEq, extending the Jesús María trend at depth. Assays from 61 additional holes are pending.
Goldgroup Mining announced a 4-for-1 share consolidation to meet the listing requirements for its proposed move to the NYSE American as part of its merger with Gold Resource Corporation. The company also granted 3.75 million pre-consolidation stock options (937,500 post-consolidation) to certain directors under its equity incentive plan, subject to TSX Venture Exchange approval.
Southern Silver reported high-grade underground channel sampling results from the Puro Corazon Mine at its Cerro Las Minitas Project in Durango, including 2.8 m of 757 g/t AgEq and 3.2 m of 479 g/t AgEq. The results support resource expansion as the company advances infill drilling, an updated resource estimate, and a revised PEA.
Shareholders of Guanajuato Silver approved all resolutions at the June 30 Annual General Meeting, re-electing the six nominated directors, reappointing KPMG LLP as auditors, maintaining a six-member board, and approving the amended Stock Option Plan. All directors received about 90% support except Richard Silas, who received 73.6%.
Mining Americas Inc. (formerly Minera Alamos) began trading on the Toronto Stock Exchange on July 3 under the symbol MAI, graduating from the TSX Venture Exchange. The move reflects the company’s growing production profile and is expected to improve market visibility, liquidity, and access to institutional investors.
Mexico Mining Center © 2021 / All Rights Reserved
