Category: Exploration and Development

Capitan Silver announced the arrival of a fourth drill rig at its Cruz de Plata silver-gold project in Durango, Mexico, completing the planned four-rig fleet for its fully funded 60,000-metre 2026 drill program. The additional rig is expected to accelerate testing of high-grade silver zones, expand the Jesús María trend, and support resource growth while numerous drill results remain pending.

Mithril Silver & Gold reported additional high-grade drill results from the Target 1 area of its Copalquin project in Durango, Mexico, including 7.25 m grading 4.01 g/t gold and 225 g/t silver. The results continue to extend and upgrade mineralization within the El Refugio–La Soledad corridor and support the company’s ongoing resource expansion and update program.

Geophysical surveys at EV Resources’ Los Lirios antimony project in Oaxaca have identified multiple new exploration targets and suggest the mineralized system may be significantly larger than previously recognized. Results from CSAMT and magnetic surveys expanded the prospective strike length along the Lirios Fault Zone, supporting the potential for additional high-grade antimony mineralization and enhancing targeting for ongoing drilling and future resource growth.

Zacatecas Silver reported high-grade surface sampling results from the Oso Negro project in Sonora, where gold and silver mineralization has been traced over a strike length exceeding 2 kilometres. Highlights include samples grading up to 16.8 g/t gold and 1,395 g/t silver, supporting the project’s potential for a significant epithermal precious metals system. The results will help guide upcoming exploration and drill targeting programs.

Riverside Resources and Questcorp Mining have begun a fully funded 1,500-metre Phase 2 diamond drilling program at the La Union Project in Sonora, Mexico. The campaign will test both sediment-hosted gold and CRD-style gold-silver-zinc mineralization, following encouraging Phase 1 results. Drill targeting incorporates recent mapping, drone magnetic surveys, and IP geophysics, with results expected to generate steady news flow through summer 2026.

Questcorp Mining has commenced a fully funded 1,500-metre Phase 2 diamond drilling program at the La Union Project in Sonora, Mexico. The campaign will test both sediment-hosted gold and carbonate replacement (CRD) gold-silver-zinc mineralization across multiple targets identified through drilling, mapping, aeromagnetic surveys, and IP geophysics. Results are expected to provide continuous news flow through the summer exploration season.

Advance Metals reported strong initial drilling results from the Gavilanes Silver Project in Durango, Mexico. Hole H1 intersected 33.9 metres grading 220 g/t silver, including 6.2 metres grading 718 g/t silver, confirming the down-dip extension of the high-grade Descubridora Zone. An 18-hole, 4,500-metre drill program is underway to support resource growth.

Centenario Gold reported high-grade copper mineralization from underground channel sampling at its Los Reyes Project in Chihuahua, Mexico. Results from historic mine workings confirm the presence of a copper-rich skarn/carbonate replacement system and will help guide a planned 1,500-metre drill program targeting extensions of known copper-zinc-silver mineralization.