Category: Exploration and Development

Southern Silver Exploration Corp. acquires Puro Corazon mining claim, contiguous to Cerro Las Minitas, from arms-length vendor via cash payments over 40 months. The claim mines 60 tonnes/day of silver-lead-zinc concentrates. Plans: 12,000m infill drilling, updated PEA in Q1 2026 for resource growth and enhanced economics.

Colibri Resource Corp. updates on advancing its 100%-owned EP Gold Project in Mexico’s Caborca Belt and 49% stake in Pilar Gold-Silver JV. Amid high metal prices, plans include exploration drilling, pilot mining, resource estimate, PEA, and financing to enhance shareholder value.

Tocvan Ventures Corp. announces the start of field work and airborne magnetics survey at its flagship Gran Pilar Gold-Silver Project in Sonora, Mexico. This advances exploration with geological mapping, sampling, and geophysics, paving the way for imminent drilling, trenching, and pilot mining under a 10-year permit.

Fortuna Mining (FSM) updates $19M generative exploration: Guiglo (Côte d’Ivoire) shows 5km gold anomaly; Tongon North advances targets; Centauro (Mexico) preps drill for epithermal system; La Carmen maps alteration; Cerro Lindo (Argentina) prospective for HSE gold-silver; Arizaro yields intercepts like 0.59 g/t Au, 0.29% Cu over 46m.

Saf Dhillon, President and Chief Executive Officer, states: “The drilling is indicating oxidation is consistent with past mining and targets are coming along with a positive exploration drilling so far. The drilling is intersecting more quartzite than expected which is favorable for fracture-controlled mineralization.” Drilling has now moved to the Famosa Target to progress exploration program.

“As at the historic Pinos Cuates mine, the existing underground workings at Dos de Mayo are giving us an important understanding of the nature of the gold-silver mineralization at El Potrero,” stated Robert Archer, Pinnacle’s President & CEO. “What we are seeing is consistent with these low-sulphidation epithermal systems, where pockets of high-grade mineralization (called “clavos” in Mexico) occur within a defined horizon, likely consistent with the “boiling zone” of the hydrothermal fluids.

GR Silver Mining Ltd. is pleased to announce that it has received a key 5-year drill permit for the San Marcial Area authorizing additional step-out and exploration drilling in an extensive area surrounding the current NI 43-101 Resource Area. The five-year Informe Preventivo issued by the Secretaría de Medio Ambiente y Recursos Naturales Mexico will allow for the drilling of step-out and exploration holes at 46 new drill sites in the San Marcial Area.

Pacifica Silver Corp. (CSE: PSIL) announced a Fall 2025 exploration program at its Claudia Silver-Gold Project in Durango, Mexico. The program includes an 8,000-metre Phase I drill campaign starting late September, targeting high-grade silver-gold veins, alongside surface sampling, geological mapping, and a 27-line km geophysical survey to enhance understanding and identify new drill targets.

Chesapeake Gold Corp. updates on its sulphide leach technology and Lucy exploration. Metates PFS metallurgical testwork advances positively, with third-party testing on three projects underway and new patents filed. At Lucy, a new 200m gold corridor (up to 1.33 g/t Au over 15m) and copper anomalies (up to 2% Cu) identified; project may extend 3km. Drilling planned post-current surveys.

GoGold Resources Inc. (TSX: GGD) announces initial 2025 near-mine exploration results at Los Ricos South Project, Mexico. Highlights: LRSGT-23-001 (41,110 g/t AgEq over 1.42m, incl. 28,094 g/t Ag & 173.6 g/t Au); LRGG-24-318 (904 g/t AgEq over 0.75m); LRGG-25-324 (1,034 g/t AgEq over 1.39m); LRGG-25-337 (849 g/t AgEq over 1.50m). Drilling extends Abra Zone down-dip and south, targeting 3.5km strike.