Goldgroup reported encouraging initial results from six holes at its San Francisco Gold Project in Sonora, highlighted by 16.8 metres grading 4.36 g/t gold. The US$8.5-million, 26,000-metre program supports a Q4 2026 technical study and a potential restart in Q1 2027.
Santacruz Silver received conditional approval to graduate from the TSX Venture Exchange to the Toronto Stock Exchange. Subject to satisfying customary requirements and submitting final documentation, its shares will trade on the TSX under the existing symbol “SCZ.” Shareholders need take no action.
Luca Mining intersected 9.9 metres grading 5.39 g/t gold equivalent at the underexplored Catorce Zone, including 1.0 metre at 27.56 g/t. Additional high-grade results confirmed Creston Vein continuity below existing workings, supporting near-mine resource expansion and potential incorporation into Tahuehueto’s near-term mine plan.
GR Silver Mining extended mineralization beyond the 2023 resource boundary at San Marcial, Sinaloa. Step-out drilling returned 16.1 metres grading 162 g/t silver, including 0.7 metres at 1,344 g/t, and 11.7 metres at 147 g/t silver. Mineralized breccias now extend approximately one kilometre along strike, supporting potential resource growth.
Discovery Mining appointed veteran mining executive Bill Shaver to its board and Ewan Downie as advisor to the president, CEO and chairman. The company also promoted seven senior executives and appointed Mike Mayhew vice-president of special projects, strengthening its leadership team as it advances growth plans in Canada and Mexico.
EV Resources’ preliminary metallurgical testing of Vinatas antimony ore achieved up to 78.6% recovery through conventional flotation and produced a gravity-upgraded concentrate grading 68.3% antimony. The results establish Vinatas as a second potential third-party feed source compatible with the Tecomatlán processing plant, supporting its proposed regional processing-hub model.
DynaResource’s Mexican subsidiary received MXN $69.5 million (approximately US$4 million) in cash from SAT for recoverable IVA credits from January–June 2025. Following the refund, approximately MXN $425 million (US$24.9 million) in IVA receivables remains outstanding and subject to separate applications, reviews and audits.
Sonoro Gold promoted Oscar Armando González Peña to Vice President, Exploration, and Melvin Herdrick to Senior Vice President, Mexico. González has led exploration and resource delineation at Cerro Caliche for nine years, while Herdrick brings more than 50 years of geological experience and will assume a broader senior management role overseeing Sonoro’s activities in Mexico.
Mining Americas received SEMARNAT approval for the MIA and ETJ-CUS permits required to develop its 100%-owned Cerro de Oro open-pit, heap-leach gold project in Zacatecas. The company will advance ancillary permitting, engineering and drilling toward a potential 2027 construction decision. The project hosts 790,000 inferred gold ounces.
Goldgroup highlighted district-scale exploration potential at its Don David operations in Oaxaca, covering approximately 55 km of the San José structural corridor. Beyond the producing Arista and Alta Gracia mines, the company identified Margaritas and El Rey as priority gold-silver targets, emphasizing opportunities to extend known veins and discover additional mineralized structures.
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