Heliostar Metals reported multiple near-surface gold intercepts at the San Agustin Mine in Durango, extending oxide mineralization over 200 metres beyond the current pit. Results from several zones support strong potential to expand resources and mine life, prompting an increase in the 2026 drill program to 15,000–18,000 metres.
Orex Minerals announced a binding agreement to sell its 38.79% interest in the Coneto Silver-Gold Project in Durango, Mexico, while partner Fresnillo will sell its 61.21% stake, giving Silver Viper Minerals 100% ownership. The all-share transaction values the project at about US$15 million, with Orex and Fresnillo becoming shareholders in Silver Viper after closing.
Zacatecas Silver received a SEMARNAT drill permit for the El Cristo vein system at its Zacatecas Silver Project, enabling a 4,000 m 2026 drill program (2,800 m at El Cristo). The program targets resource expansion and new zones, aiming to define a maiden resource while building on the existing 20.5 Moz AgEq resource at Panuco.
Azucar Minerals Ltd. announced a corporate name change to Mustang Minerals Limited, effective March 18, 2026, and will trade under new symbols “MMX” (TSXV) and “MMXLF” (OTCQB). The change does not affect share structure or shareholder rights, and no action is required from shareholders.
Pacifica Silver expanded its Phase II drill program at the Claudia silver-gold project in Durango from 12,000 to 20,000 metres following financing and new permits. The program targets high-grade veins and new zones, with multiple rigs active and assays pending. The company also appointed veteran geologist Dr. Steven I. Weiss as Interim VP Exploration.
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.
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