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.
Silver Spruce Resources Inc. closed a non-brokered private placement, issuing 976,000 units at $0.10 for $976,000 gross proceeds. Each unit includes one common share and one warrant exercisable at $0.15 for three years. The company also issued 224,400 finder warrants and will use net proceeds for exploration and working capital.
Silver Spruce Resources Inc. granted 2,100,000 stock options to directors, officers, employees, and consultants under its stock option plan. Each option lets the holder buy one common share at $0.30 for five years from the grant date, supporting long-term team alignment and company growth.
Pacifica Silver Corp. increased its brokered private placement to raise up to C$20,010,000 by issuing 13.8 million common shares at C$1.45, with an agent option for an extra 15%. Net proceeds will support exploration and drilling at its Claudia Project in Durango, Mexico, plus working capital and general corporate purposes. The offering is expected to close around January 23, 2026.
Endeavour Silver issued 2026 guidance: 8.3–8.9M oz silver, 46–48K oz gold, 14.6–15.6M oz AgEq. Consolidated cash costs $12–$13/oz Ag (net), AISC $27–$28/oz. Total capex $157.8M; exploration $25.9M. Terronera drives strong gold output and low costs.
Discovery Silver Corp. announced that its Porcupine operations produced 66,718 ounces of gold in Q4 2025, up 6% from the prior quarter due to higher grades and throughput. Post-acquisition (April 2025), total output reached 180,424 ounces, with full-year 2025 production at 234,702 ounces.
Guanajuato Silver closed its acquisition of the Bolanitos gold-silver mine from Endeavour Silver on January 15, 2026, for up to US$50M (US$40M upfront + US$10M contingent). The mine, adjacent to GSilver’s San Ignacio, includes a 1,600 tpd plant and marks GSilver’s fifth producing asset in Mexico.
Mexico Mining Center © 2021 / All Rights Reserved
