Category: Exploration and Development

Kingsmen Reports Drilling to Commence at Las Coloradas Project, Mexico

Kingsmen Resources Ltd. (TSXV: KNG) has signed a diamond drill contract for its 100% owned Las Coloradas silver project in Chihuahua, Mexico. A 14-hole drill program targeting high-grade silver and gold in the Soledad structures begins immediately, with all permits secured. Assay results will be announced as received, potentially expanding drilling in 2025.

Mako Mining Intersects 39.15 g/t Au over 5.9 m (Estimated True Width) 19.2 m Below Surface In its Inaugural Drill Campaign at El Golfo

Mako Mining Corp. reports high-grade gold and silver results from its 2025 RC drilling at El Golfo, Nicaragua, with drill hole EJ25-RC53 intersecting 39.15 g/t Au and 27.8 g/t Ag over 8.0 m. The 3,000-meter program targets the underexplored 224 km² El Jicaro Concession, near Mako’s San Albino and Las Conchitas mines. Assay results from additional holes are pending.

Torex Gold Reports Latest Drilling Results from ELG Underground

Torex Gold Resources Inc. announced drilling results from the 2024 and early 2025 programs at ELG Underground, confirming high-grade mineralization and potential for extended mine life. Key intercepts include 12.18 gpt AuEq over 26.4 m and 8.98 gpt AuEq over 35.8 m. The 2025 program, with a $12 million budget, targets resource expansion and sustained production beyond 2030.

GR Silver Mining Announces Resumption of Plomosas Silver Project Field Work

GR Silver Mining Ltd. has resumed field work and drilling at the Plomosas Silver Project in Sinaloa, Mexico, after a temporary pause due to regional security concerns. The company is optimistic about expanding the San Marcial resource, with previous trench results showing high-grade silver. The focus is on step-out drilling and surface investigations, while prioritizing safety and assessing a potential bulk sampling program.

Mithril Silver and Gold Returns 11.5m @ 8.61 g/t Gold, 57.6 g/t Silver from 44.5 Metres in Hole T2DH25-006 at Target 2 Area, Copalquin Property, Mexico

Mithril Silver and Gold Limited announced high-grade gold and silver drill results at Target 2 (Las Brujas) in Mexico’s Copalquin district. Hole T2DH25-006 yielded 11.5m at 8.61 g/t gold and 57.6 g/t silver. Exploration advances across multiple targets, with new discoveries at El Peru and El Apomal, confirming the district’s large-scale mineral potential.

Vizsla Silver to Acquire Large Santa Fe Claim Package Including a Producing Mine Along Trend and Immediately South of Panuco

Vizsla Silver Corp. has agreed to acquire the Santa Fe Project, a 12,229 Ha site with a 350 tpd mill, south of its Panuco Project in Mexico. The deal includes cash and share payments for production and exploration concessions. The Santa Fe mine has processed 370,366 tonnes of ore since 2020, with significant exploration potential. The acquisition aims to boost Vizsla’s production profile.

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