Category: Exploration and Development

Kingsmen Resources Ltd reported drilling results from its Las Coloradas project in the Parral district confirming continuity of silver-rich mineralization down-dip and along strike. Key intercepts included 15.7 m @ 74 g/t AgEq (with higher-grade sub-intervals up to 1,379 g/t AgEq) and deeper zones showing increasing width and grade, highlighting untested high-grade potential.

Guanajuato Silver closed its acquisition of the Bolanitos gold-silver mine from Endeavour Silver on January 15, 2026, for up to US$50M (US$40M upfront + US$10M contingent). The mine, adjacent to GSilver’s San Ignacio, includes a 1,600 tpd plant and marks GSilver’s fifth producing asset in Mexico.

Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) has commenced its 2026 drill program at the Dios Padre project in Sonora, Mexico. It targets broad sulphide-specularite bearing breccia zones as follow-up to hole REG-25-26 (~240m non-continuous mineralized interval, assays pending). Initial focus: minimum 4 holes (500-650m each) near REG-25-26, including REG-25-27 (50m above strongest zone), to test dip, strike, and expand the high-grade gold-copper-silver discovery.

Colibri Resource Corporation (TSXV: CBI) resumed RC drilling at its EP Gold Project in Sonora, Mexico, completing 11 holes (906m) at San Perfecto and Banco de Oro targets. Assays expected early February 2026; additional 6-10 holes planned for priority targets in this prospective region.

Mithril Silver & Gold Limited has commenced its maiden 3,300-metre drill program at Target 3 in the Copalquin gold-silver district, Durango, Mexico. This forms part of a planned 25,000m district-wide campaign in H1 2026, testing mineralization continuity near high-grade El Jabali historic workings (up to 16 g/t Au and 1,275 g/t Ag).

GR Silver Mining outlined its 2026 plans to accelerate exploration, drilling, and project development at its San Marcial and Plomosas areas in Sinaloa, Mexico, targeting resource growth and advancement. The company aims to expand high-grade zones and progress key project milestones through systematic drilling, aiming to add value and move toward potential future development.

Algo Grande Copper Corp. has engaged AI-Metals for a 12-month AI-driven program to reprocess and integrate geological, geochemical, and geophysical data at its 100%-owned Adelita Copper-Gold-Silver Project in Sonora, Mexico. This reinforces a large skarn-porphyry system, supporting 32 high-priority targets and upcoming Phase 2 exploration in Q1-Q2 2026.

Silver Storm Mining Ltd. has begun a 6,000-metre underground drilling program at its 100% owned La Parrilla Silver Mine Complex in Durango, Mexico. The campaign targets step-out and infill drilling at Quebradillas, San Marcos, and Rosarios to grow resources and support development toward a potential restart of operations in 2026. Follow-up drilling and surface exploration are also planned.

Vizsla Silver announced additional high-grade intercepts from geotechnical drilling at the Copala area of the Panuco silver-gold project, Mexico. Key results include 1,800 g/t AgEq over 3.80m true width (incl. 3,833 g/t over 0.93m) and 840 g/t AgEq over 6.50m true width. These dual-purpose holes confirm strong mineral continuity and support upcoming engineering studies.

Questcorp Mining and Riverside Resources announce a new Carlin-like gold discovery at the Luis Hill target on the Union Project, Sonora, Mexico. Initial drilling hit 42.7m @ 0.286 g/t Au in black shales and carbonates. Famosa Mine area returned 1.85m @ 0.345 g/t Au. Phase I completed 12 holes (1,625m); assays pending for other targets. Follow-up drilling planned for 2026.