Category: Exploration and Development

Endeavour Silver Corp. reports high-grade silver, lead, and zinc drill results from its Pitarrilla project in Mexico. Drilling confirms multiple mineralized feeder structures and a manto, enhancing resource confidence. Highlights include 1,127 gpt Ag over 2.08m (Casas Blancas) and 2,481 gpt Ag over 1.03m (Danna). The project, with significant infrastructure, is poised for further development.

Mithril Silver and Gold (TSXV: MSG, ASX: MTH) reports high-grade channel samples at Target 5, Copalquin, Mexico, with up to 5.36 g/t gold, 777 g/t silver, and elevated copper, lead, and zinc. The 1.6 km vein corridor, 1.5 km from Target 1, supports a district-scale epithermal system. Drilling is planned for next quarter.

Silver Spruce Resources, Inc. finalized an amended Option Agreement for the Pino de Plata project in Chihuahua, Mexico, simplifying terms to earn 100% interest. The deal includes a $10,000 payment and a 10% future sales participation right over three years, eliminating prior cash, share payments, and royalties. The agreement awaits a landowner access deal to proceed with exploration, including Phase 1 drilling.

Pinnacle Silver and Gold Corp. (TSXV: PINN) reports high-grade gold-silver mineralization at the Pinos Cuates Mine, Durango, Mexico. Underground sampling yielded up to 19.4 g/t Au and 266 g/t Ag over 4.1m. Surface mapping traced the Dos de Mayo vein for 1.6km, with grab samples up to 13.2 g/t Au and 2,280 g/t Ag, indicating drill targets.

First Majestic Silver Corp. announced a second significant gold and silver discovery at its Santa Elena property in Sonora, Mexico, within a year. The newly identified Santo Niño vein, located one kilometre south of the Santa Elena mine, and expanded drilling at the Navidad discovery have revealed high-grade mineralization, enhancing the district’s potential and extending mine life.

Aztec Minerals Corp. launched a two-phase 2025 exploration program at its Cervantes porphyry gold-copper project in Sonora, Mexico. Phase 1 involves surface sampling and mapping at California East, North, and Brasil targets. Phase 2, post-rainy season, plans drilling to expand the California gold target and test Brasil, aiming to define open-pit, heap leach potential.

Minaurum Gold Inc. identified four parallel high-grade vein structures at the Promontorio vein zone of its Alamos silver project in Mexico. Recent drilling yielded intercepts like 10.20 m of 453 g/t AgEq and 0.65 m of 958 g/t AgEq. These results will contribute to the maiden resource estimate, highlighting the zone’s potential.

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 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 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.