Bear Creek Mining congratulated Chair Catherine McLeod-Seltzer on her induction into the Canadian Mining Hall of Fame. Recognized for raising over $750 million in capital and building successful companies—including the $1.1 billion sale of Arequipa Resources to Barrick—she has also served in leadership roles at Teck Resources and Kinross Gold.
Chesapeake Gold Corp. (TSXV: CKG) upsizes its bought deal public offering to $15 million (3,571,500 units at $4.20 each). Each unit includes one share and one-half warrant (exercisable at $5.65 for 36 months). Adds non-brokered private placement up to $2.877M with Eric Sprott participation. Proceeds advance oxidative leach technology, Metates and Lucy projects, and working capital. Closing expected ~January 27, 2026.
Canasil Resources Inc. (TSXV: CLZ.H) reviews a positive 2025: revoked CTO, resumed TSX-V trading (September 25, 2025), executed 5-year option agreement with Amarc for Brenda gold-copper project (Amarc earning 100%, Canasil retains 2% NSR), and completed surveys on Lil silver project. Amarc advanced JOY District with Freeport. Looks forward to advancing gold-silver-copper portfolio in BC and Mexico in 2026; separate news release on programs to follow.
Luca Mining Corp. reported strong drill results at Campo Morado, including 55.8 m of 5.90 g/t AuEq (with 7.7 m of 10.09 g/t) in hole CMRF25-15, confirming wider, higher-grade gold-rich mineralization near infrastructure. The company has expanded the program, adding a second rig and 10,000 m of drilling to test high-priority targets.
Pacifica Silver Corp. launched a 12,000m Phase II diamond drill program at its Claudia Silver-Gold Project in Durango, Mexico, starting January 15 with three rigs. Following the completed 7,992m Phase I, it will expand high-grade zones and test new southern targets, backed by ongoing exploration including mapping, LiDAR, and IP surveys.
Riverside Resources Inc. outlines a strong 2026 outlook, building on 2025 successes: Blue Jay Gold spin-out, partner-funded Mexico exploration, and C$3.7M strategic investment (including Rick Rule/Sprott). With no debt and ~93M shares, the company plans to advance Canadian/Mexican assets and grow its royalty portfolio through disciplined transactions.
Chesapeake Gold Corp. (TSXV: CKG) announces a $10 million bought deal public offering of 2,380,953 units at $4.20 each. Each unit includes one common share and one-half warrant (exercisable at $5.65 for 36 months). Proceeds will advance proprietary oxidative leach technology, the Metates and Lucy projects, and working capital. Led by Red Cloud Securities, closing expected ~January 27, 2026, with 15% over-allotment option.
Aura Minerals Inc. reported record Q4 2025 preliminary production of 82,067 GEO, up 11% from Q3 and 23% from Q4 2024. Full-year 2025 output reached 280,414 GEO (+5% vs. 2024), achieving the upper half of its 266,000–300,000 GEO guidance, driven by contributions from six mines including strong ramp-up at Borborema and initial output from the acquired MSG mine.
Mexus Gold US provided a corporate update on its Santa Elena Gold Project in Sonora, Mexico, on January 12, 2026. The company, in good standing in Nevada, voluntarily halted OTC trading in 2024 to save over $150,000 annually and redirect funds to the fully permitted 6,000-acre property. It reports 2023 test pit sales of $178,000 at 3.2 gpt gold and seeks a joint venture partner to explore and develop a potential 1-3 million ounce gold/silver deposit, planning to relist publicly once funded amid rising gold prices to $4,400/oz.
Oroco Resource Corp. filed a prospectus supplement dated January 9, 2026 to its base shelf prospectus to qualify a bought-deal public offering of 52,631,600 units at C$0.38 each, targeting ~C$20 million in gross proceeds. Each unit includes one share and half a warrant (exercise C$0.53, 36-month term). Underwriters led by Canaccord Genuity have an option for 7,894,740 additional units. Closing is expected ~January 14, 2026, subject to regulatory approval.
Mexico Mining Center © 2021 / All Rights Reserved
