Year: 2026

Guanajuato Silver Company Ltd. plans a record 75,000 meters of drilling in 2026 across its five Mexican mines (Bolanitos, El Cubo, Valenciana, San Ignacio, Topia) and Horcon project—45,000m exploration and 30,000m infill—up 731% from 2025. Goal: establish reserves, de-risk operations, expand resources. Permits anticipated Q2 2026.

Silver Valley Metals Corp. (TSXV: SILV, OTCQB: SVMFF) announces a non-brokered private placement of up to $2 million, issuing 16,666,667 units at $0.12 each (one common share + one warrant exercisable at $0.25 for 24 months). Insiders subscribe $504,000. Proceeds for mineral projects and working capital; subject to TSXV approval and 4-month hold period.

J2 Metals increased its financing to $5.3 million, comprising $3.8 million of subscription receipts at $0.25 and up to $1.5 million of flow-through receipts at $0.35. Proceeds will advance its projects and fund corporate purposes, while flow-through proceeds will support eligible exploration expenditures at its Québec project.

AXO Copper Corp. (TSXV: AXO) upsized its bought deal private placement to C$35M from C$25M due to strong demand. Underwriters will purchase 50M units at C$0.70 each (1 share + ½ warrant at C$1.00 for 18 months, accelerable if 10-day VWAP ≥ C$1.25). 15% over-allotment option for up to C$40.25M. Proceeds fund Mexican projects and working capital; closing ~Feb 19, 2026, subject to TSXV approval.

Zacatecas Silver Corp. granted 2,550,000 incentive stock options at $0.135 per share (5-year expiry) and 3,000,000 restricted share units to its officers, directors, key employees and consultants. Each RSU converts into a common share and expires in three years, with a one-year hold period before exercise.

EV Resources reported strong Q4 progress, advancing its Los Lirios antimony project in Mexico with extensive trenching, high-grade metallurgy and drill readiness for January 2026. The company secured a 150 tpd plant, delivered high-grade Nevada results, streamlined its portfolio, strengthened leadership, and ended the quarter fully funded for drilling and potential production.

Vizsla Royalties Corp. (TSXV: VROY) issued an update regarding a media-reported security incident at Vizsla Silver’s Panuco Project in Concordia, Mexico. Ten individuals were taken; the matter is under investigation with limited information available. Activities are suspended as a precaution, with safety as the top priority. Vizsla Royalties does not operate the site.

Vizsla Silver Corp. (TSX: VZLA, NYSE: VZLA) reports a security incident at its Panuco project site in Concordia, Mexico, where ten individuals were taken. The matter is under investigation with limited information available. Local authorities notified; crisis and security teams engaged. Safety is the top priority; certain site activities temporarily suspended as precaution.

AXO Copper Corp. (TSXV: AXO) announced a $25M bought deal private placement of 35,715,000 units at C$0.70 each (one common share + ½ warrant). Warrants exercisable at C$1.00 for 18 months (accelerable if VWAP ≥ C$1.25 for 10 days). 15% over-allotment option. Proceeds fund La Huerta and San Antonio projects plus working capital. Closing ~Feb 19, 2026, subject to TSXV approval.

Apollo Silver Corp. closed the final tranche of its $27.5M private placement on Jan 28, 2026, raising $12.5M from Jupiter Asset Management ($5.00/unit). Total proceeds: $27.5M to advance Calico Project and corporate purposes.