Category: Exploration and Development

“Today’s results show that the La Colorada mine can continue to be a high-margin, low CAPEX operation with a 6.1-year mine life. This updated study is focused on the open pits at La Colorada, demonstrating positive economics at conservative gold prices and a compelling opportunity at current gold prices. The Company aims to continue to maximize cash generation from stockpiles in the near term and internally fund capital requirements for open-pit production planned in 2027.”

Questcorp Mining Inc. reports progress on its maiden La Union drilling program in Sonora, Mexico: 7 holes completed across four of five targets, on track and budget. Key tests at Union, Famosa (59.4 g/t Au, 833 g/t Ag grabs), North Union, and El Cobre. Plans for 2-5 more holes, new feeders, and follow-up assays.

Minaurum Gold Inc. (TSXV: MGG; OTCQX: MMRGF) reports initial 2025 drill results from Alamos Silver Project, Mexico, with high-grade AgEq intersections: 5.85m @ 476 g/t (incl. 1.80m @ 1,339 g/t) at Europa; 21.45m @ 220 g/t (incl. 1.20m @ 1,377 g/t) at Promontorio. Data to support maiden resource estimate.

Luca Mining Corp. (TSXV: LUCA; OTCQX: LUCMF) reports high-grade intercepts at Reforma, Campo Morado, Mexico: 13m @11.4g/t AuEq (incl. 3.7m @21.3g/t), 24.6m @6g/t AuEq (incl. 11.6m @8.6g/t). Underground: 2.6m @1.84g/t Au, 104g/t Ag, 2%Cu. Drill programs expanded: surface to 5,500m (+120%), underground to 7,500m (+50%).

Guanajuato Silver reported high-grade drill results from its 2025 exploration at the El Cubo Mines Complex, including bonanza intercepts over 2 kg/t AgEq from the Packman and San Luis veins. The company also discovered two new veins near these zones. El Cubo continues to deliver strong production, with ongoing drilling focused on expanding high-grade areas.

Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) declares commercial production at Terronera mine in Jalisco, Mexico, effective Oct. 1, 2025, after commissioning exceeded 90% of 2,000 tpd capacity and metal recoveries. Forecasts 360,000 tonnes processed in next 6 months at 122 g/t Ag, 2.52 g/t Au; higher grades mid-2026. 2026 guidance in Jan. Positions as mid-tier silver producer.

Mithril Silver and Gold announces robust Target 1 drilling at Copalquin, Mexico, extending strike 30% with intercepts like 7.2m @ 2.78g/t Au, 148g/t Ag. Target 5: 11 holes done, assays pending; footprint now 2x2km. Target 3 drill-ready soon. Aerial magnetic survey starts; fully funded for 45,000m program across district.

GR Silver Mining reports Phase II BSTM results at Plomosas Mine, Mexico, delineating high-grade AgEq zones (e.g., 6.7m at 1,040 g/t, 1.2m at 2,365 g/t). Identifies blasted material for processing; advances metallurgical tests and engineering. Leadership: VP Operations resigns; CFO adds Corporate Secretary role.

Capitan Silver Corp. (TSXV: CAPT) reports high-grade assays from Cruz de Plata drilling: 1,541 g/t AgEq over 1.5m in Jesús María vein extension (25-ERRC-20), 476 g/t AgEq/1.5m in new east-west zone (25-ERRC-17), and multiple Gully Fault hits up to 804 g/t AgEq/1.5m. Open targets; 28 assays pending.

Tocvan Ventures Corp. discovered a new mineralized zone with historic underground workings in the 3.2 km North Alteration Zone at its Gran Pilar Gold-Silver Project in Sonora, Mexico. The 80-meter exposed silicified vein breccia area shows intense alteration; channel/grab samples pending. Located 800m SW and 1,100m NE of permitted high-grade drill targets (up to 3.2 g/t Au, 1,225 g/t Ag). Follow-up trenching and drilling planned.