Category: Exploration and Development

Capitan Silver Announces Arrival of 3rd Drill Rig at the Cruz de Plata Project

Capitan Silver announced the arrival of a third drill rig at its Cruz de Plata silver-gold project in Durango, Mexico, further expanding its 2026 exploration campaign. The rig will help accelerate the company’s 60,000-metre multi-rig drilling program, targeting extensions of high-grade mineralization along the Jesús María Silver Trend, including the Peñoles and Gully fault zones.

EV Resources Acquires 100% of Don Enrique Copper-Silver Project

EV Resources announced it has acquired the remaining 50% interest in the Don Enrique Copper-Silver Project in Peru, securing 100% ownership for about US$150,000. The consolidation creates a 2,684-hectare land package with 5.5 km of prospective strike over a large undrilled geophysical anomaly. Historic sampling returned copper grades up to 3.22%, and the project is drill-ready with permits in place.

Mercado Minerals Commences Inaugural 3,000 Metre Diamond Drill Program at Copalito

Mercado Minerals has begun a 3,000-meter diamond drilling program at its Copalito project in Sinaloa, Mexico. About 25 drill holes will test several segments of known silver-gold veins including 5 Señores, El Agua, La Chiva, and El Pilar, while also evaluating new targets. The program builds on 81 historical drill holes and aims to better define mineralization and guide future exploration.

Advance Metals Reports Broad Silver-Gold Intersections Confirm Resource Upside Potential at Yoquivo

Advance Metals reported broad silver-gold drill intersections at its Yoquivo Project in Chihuahua, Mexico, confirming strong mineralization continuity and indicating potential for a significant resource upgrade. The results support expanding the geological model and evaluating larger-scale development scenarios as the company works toward an updated JORC mineral resource estimate expected in 2026.

Luca Intersects 7.6 Metres of 16.1 g/t Gold at Tahuehueto Mine – Expanding High-Grade Mineralization Near Existing Workings

Luca Mining reported new drilling results from its Tahuehueto Mine in Durango, Mexico, intersecting 7.6 m grading 16.1 g/t gold equivalent, confirming high-grade breccia mineralization below current workings. The results demonstrate continuity in the Creston vein system and potential to expand near-mine resources, prompting a 40% increase in the 2026 drill budget to $3.5 million.

Pan American Silver Discovers New High-Grade Veins at the La Colorada Mine

Pan American Silver reported the discovery of at least four new high-grade silver veins at the La Colorada mine in Zacatecas, Mexico. Drilling between the Cristina and San Gerónimo systems returned strong intercepts, with 40% of holes exceeding 1,000 g/t silver. The Filomena, Nicolasa, Bernardina, and Josefina veins may expand mineral resources and support future high-grade development.

Columba drilling returns 10 meters of 503 gpt silver, 0.1% lead, 0.6% zinc and 9.88 meters of 319 gpt silver, 0.1% lead and 0.6% zinc from the Columba Drill Program

Kootenay Silver reported additional drill results from its Columba High-Grade Silver Project in Chihuahua, Mexico, including 10 m grading 503 g/t silver and 9.88 m grading 319 g/t silver from the Lupe Vein system. The ongoing drill program—expanded to 60,000 meters—is focused on step-out drilling to expand resources, currently estimated at 54.1 million inferred ounces of silver at 284 g/t.

Columba Drilling Returns 10 Meters of 503 gpt Silver, 0.1% Lead, 0.6% Zinc and 9.88 Meters of 319 gpt Silver, 0.1% Lead and 0.6% Zinc From the Columba Drill Program

Kootenay Silver reported additional drill results from its Columba High-Grade Silver Project in Chihuahua, Mexico, including 10 m grading 503 g/t silver and 9.88 m grading 319 g/t silver from the Lupe Vein system. The ongoing drill program—expanded to 60,000 meters—is focused on step-out drilling to expand resources, currently estimated at 54.1 million inferred ounces of silver at 284 g/t.

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