Category: Exploration and Development

Diamond Drilling Commences at the High Grade Gavilanes Silver Project in Mexico

Advance Metals has commenced a 4,500-metre maiden diamond drilling program at its wholly owned Gavilanes silver project in Durango, Mexico. The campaign will target extensions of high-grade silver mineralization and test regional exploration targets beyond the current 22.4-million-ounce AgEq foreign estimate at the project.

Silver Storm’s La Parrilla Mine Laboratory Construction Nears Completion

Silver Storm Mining reported that construction of the on-site laboratory at its La Parrilla silver mine in Durango is nearing completion, with commissioning expected by the end of Q2 2026. The lab will support faster sample analysis and operational efficiency as the company advances toward restarting production at the past-producing mine complex.

Pinnacle Commences Underground Delineation Drilling Program at El Potrero

Pinnacle Silver and Gold has commenced an underground delineation drilling program at its El Potrero project in Durango, targeting high-grade gold-silver zones identified from extensive sampling and 3D modeling. The program will define the size, shape, and grade of mineralized shoots to support a preliminary mine plan, marking a key step toward advancing the project toward potential production.

Sonoro Gold Commences 50,000 Meter Drilling Program

Sonoro Gold has commenced a fully funded 50,000-meter drilling program at its Cerro Caliche gold project in Sonora, supported by an approximately C$11 million financing. The two-phase program will focus on infill and expansion drilling to grow resources and advance the project toward potential open-pit, heap-leach production.

Luca Intersects 6.8 Metres of 5.5 g/t Gold Equivalent at Tahuehueto Mine – Further Expanding High-Grade Mineralization Proximal to Existing Workings

Luca Mining reported new high-grade drill results at its Tahuehueto mine in Durango, including 6.8 m grading 5.5 g/t gold equivalent, confirming mineralization continuity near existing workings. The results expand known high-grade zones and highlight strong potential for resource growth and near-mine expansion as ongoing drilling targets additional extensions.

Questcorp Mining and Riverside Resources Report High-Grade Gold, Silver and Base Metal Results and Advance Toward Fully Funded Phase 2 Drill Program at La Union, Sonora

Questcorp Mining and Riverside Resources reported high-grade gold-silver and polymetallic results at the La Unión Project, including 30 m of 20.2 g/t gold and 226 g/t silver, plus a new sediment-hosted gold discovery (42 m at 0.3 g/t Au). With a fully funded Phase 2 program underway, work is refining targets and advancing toward summer 2026 drilling.

Tecomatlán Plant Reaches Operational Readiness Milestone

EV Resources announced that its Tecomatlán processing plant in Puebla has reached operational readiness, with the grinding circuit entering dry commissioning. This milestone marks the transition from refurbishment to execution, significantly reducing technical risk and advancing the project toward near-term antimony production, with first output targeted by the end of 2026.

Torex Gold Provides Q1 2026 Morelos Drilling & Exploration Update

Torex Gold reported encouraging Q1 2026 drilling results at its Morelos Complex, confirming continuity of high-grade mineralization at ELG Underground and identifying new high-grade structures. Results support resource expansion near Media Luna and efforts to replace reserves, reinforcing the project’s long-term growth potential and extending mine life through ongoing exploration.

EV Resources – Quaterly Activities Report for the Period Ending 31st March 2026

EV Resources reported continued progress during the March 2026 quarter, advancing its exploration portfolio with a focus on lithium, copper, and other battery metals. Key activities included project evaluations, permitting, and early-stage exploration work, while the company maintained a disciplined approach to capital management and strategic asset development.

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