Category: Exploration and Development

Luca Mining Corp. reported underground drilling at its Campo Morado Mine (Largo Norte Zone) that hit 135.7 m of 1.58 g/t gold, 77.1 g/t silver, 0.88% copper and 1.61% zinc, extending known mineralization and prompting follow-up drilling to expand the zone. Additional underground holes also intersected encouraging polymetallic intervals.

Mithril Silver and Gold announced exploration updates at its Copalquin silver-gold project in Durango, Mexico. Maiden drilling at Target 5 confirmed a large 9.6 km² silver-rich zone with high-grade intercepts. Phase IV drilling advances at Target 1 to extend resources, while drilling starts at Target 3. Up to 25,000m drilling planned for 2026.

Tocvan Ventures Corp. announced the restart of exploration drilling at the South Block of its Gran Pilar Gold-Silver Project in Sonora, Mexico. Targeting new high-priority zones from drone magnetics and geochemistry (up to 21.2 g/t Au, >2,000 g/t Ag). Up to 10,000m RC drilling planned; two holes completed. Follows strong 2025 intercepts like 19.4 g/t Au over 3.1m. Pilot Mine condemnation drilling finished.

Minaurum Silver Inc. reported high-grade silver intercepts at its Alamos Project in Sonora, Mexico: 12.35 m of 408 g/t AgEq (including 3.20 m of 1,277 g/t AgEq) in the Europa Vein Zone, a 250 m step-out from the inferred resource. Mineralization remains open; Phase 2 drilling aims to expand resources.

Capitan Silver Corp. announced high-grade drill results at Cruz de Plata, Durango, Mexico, including 1,833 g/t AgEq over 1.5 m within a broader 340 g/t AgEq over 21.3 m at the new high-grade silver zone, plus 1,254 g/t AgEq over 1.5 m within 157 g/t over 16.8 m along the Jesus Maria trend.

Pacifica Silver announced a new high-grade discovery at the Justina vein in its Claudia Silver-Gold Project, Durango, Mexico. Hole 25CLAU059D intersected 2.10m at 3.53 g/t Au and 460 g/t Ag, including 0.80m at 9.01 g/t Au and 1,175 g/t Ag. The vein extends 160m down-dip; step-out drilling planned.

Capitan Silver Corp. announced the arrival of a second drill rig at its Cruz de Plata silver-gold project in Durango, Mexico. It will test a newly discovered high-grade silver zone near the Peñoles fault (e.g., 2,636 g/t Ag over 1.5m in prior holes). A 60,000m drill program is planned for 2026.

Southern Silver reported high-grade intercepts at its Cerro Las Minitas project in Durango, Mexico, including 5.8m averaging 781g/t AgEq (173g/t Ag, 1.5% Cu, 1.8% Pb, 17.3% Zn) in hole 25CLM-210. Additional strong results extend mineralization over 360m depth.

Advance Metals (ASX:AVM) announced historic core sampling at its Yoquivo silver-gold project in Chihuahua, Mexico, revealing resource upside. ~5,000m sampled, 3,516m assayed, with 519m >4g/t AgEq. Highlights: 0.9m at 766g/t AgEq (426g/t Ag, 4.4g/t Au); broad zones like 144m at 93g/t AgEq, suggesting bulk tonnage open-pit potential alongside high-grade underground, supporting upcoming JORC resource upgrade.

Mammoth Resources Corp. announced 87% gold and 67% silver recoveries from bottle roll tests on coarser (-10 mesh) oxidized material from the Carneritos area at its Tenoriba gold-silver property in Chihuahua, Mexico. Results align with prior finer fraction tests (75-90% Au, ~65% Ag), supporting strong heap leach potential for near-surface mineralization.