Category: Exploration and Development

Pacifica Silver Drills 6.35 m of 2.94 g/t Au and 313 g/t Ag, Including 0.85 m of 9.27 g/t Au and 1,905 g/t Ag; Confirms Northern Extension of the Aguilareña Vein at the Claudia Project

Pacifica Silver reported strong Phase I drill results at its 100 %-owned Claudia Silver-Gold Project in Durango, Mexico, including 6.35 m of 2.94 g/t gold and 313 g/t silver—with 0.85 m grading 9.27 g/t gold and 1,905 g/t silver—confirming the northern extension of the high-grade Aguilareña vein system and encouraging further exploration.

Maiden Drilling Set to Commence at High-Grade Los Lirios Project

EV Resources (ASX: EVR) has finalised a fully funded 1,500-2,000m maiden diamond drill program at its high-grade Los Lirios antimony project in Mexico, set to start early January 2026 pending permits. The Phase 1 drilling targets ~900m of the 4km Lirios Fault Zone to define extensions beneath historical workings, aiming for a maiden JORC resource in Q3 2026.

Major Advancement in EVR’s Producer Strategy as Tecomatlán Plant Clears Technical Review

EV Resources (ASX: EVR) completed due diligence on its 150tpd Tecomatlán antimony plant in Mexico. No issues found; crushing and power systems successfully tested. Plant to produce antimony concentrate from artisanal ore and pilot Los Lirios project. Environmental permit submitted, maiden drilling set for mid-January 2026. Fast-track to near-term antimony production.

Silverco Announces Updated MRE for Cusi: 41 Moz AgEq M&I and 32 Moz AgEq Inferred

Silverco Mining Ltd. (TSXV: SICO) released an updated MRE for its 100%-owned Cusi silver project in Mexico: M&I 4.89 Mt at 262 g/t AgEq (41.2 Moz contained), Inferred 4.07 Mt at 243 g/t AgEq (31.8 Moz). San Miguel zone drives growth with 10.8 Moz Indicated + 16.2 Moz Inferred; resource uses tighter, more conservative parameters.

Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico

Colibri Resource Corp. (TSXV: CBI) has commenced reverse circulation drilling at its 4,766-ha EP Gold Project in Mexico’s prolific Caborca Gold Belt, adjacent to Fresnillo plc holdings. CEO Ian McGavney called the start of drilling a key catalyst for exploration momentum in this established mining district.

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