Category: Exploration and Development

Advance Metals (ASX:AVM) reports high-grade results from sampling unassayed historic core at Yoquivo: up to 370g/t Ag & 6.2g/t Au in first 222.7m batch. New intersections include 2.05m at 480g/t AgEq. Over 6,300m unsampled core identified; sampling ongoing. Drilling resumes soon; JORC Resource update Q1 2026.

Mithril Silver and Gold reports high-grade silver-gold intercepts at Target 5 in Mexico’s Copalquin District, including 2.75m @ 660 g/t AgEq. All eight assayed holes from 13 drilled show mineralization. Drilling starts at high-grade Tasolera; Target 3 prep ongoing. Fully funded for 45,000m drilling to mid-2026.

Pinnacle Silver and Gold Corp. reports positive preliminary metallurgical tests for El Potrero project, Mexico: gold recoveries up to 96.79% (avg 95.09%), silver avg 54.68% via bottle roll cyanide leach. Gravity tests variable; further optimization planned for silver.

Avino Silver & Gold Mines Ltd. (TSX:ASM) reports strong drill results from La Preciosa twin holes: PMLP 25-06: 787 g/t Ag, 0.51 g/t Au over 5.22m TW; PMLP 25-08 Gloria: 306 g/t Ag, 1.15 g/t Au over 3.98m TW; Abundancia: 463 g/t Ag, 0.61 g/t Au over 4m TW. Exceeds resource averages, confirms model.

Sierra Madre Gold and Silver restarts exploration at East District of Guitarra project, Mexico, with US$3.5M budget for mapping, sampling, and 20-25k meter drilling to assess historic veins’ potential. Includes Mina de Agua resources. Marketing agreements signed; CFO Ken Scott appointed Corporate Secretary Nov 1.

DynaResource (OTCQX: DYNR) installs three Falcon gravity concentrators at San Jose de Gracia plant in Mexico, creating primary gravity gold circuit to boost recoveries from 75% to >80%. Units commissioned; ramp-up to design capacity by Oct end, with Sepro assistance for optimization.

Silver Storm Mining has commenced rehabilitation at its La Parrilla Silver Mine in Mexico. Dynamic Engineering is leading plant rehab, expanding the sulphide circuit 25% to 1,250 tpd (7-9 months). Long-lead items ordered; underground works (drift cleaning, ventilation) underway. SRK reviews restart plan, targeting potential Q2 2026 production.

“Today’s results show that the La Colorada mine can continue to be a high-margin, low CAPEX operation with a 6.1-year mine life. This updated study is focused on the open pits at La Colorada, demonstrating positive economics at conservative gold prices and a compelling opportunity at current gold prices. The Company aims to continue to maximize cash generation from stockpiles in the near term and internally fund capital requirements for open-pit production planned in 2027.”

Questcorp Mining Inc. reports progress on its maiden La Union drilling program in Sonora, Mexico: 7 holes completed across four of five targets, on track and budget. Key tests at Union, Famosa (59.4 g/t Au, 833 g/t Ag grabs), North Union, and El Cobre. Plans for 2-5 more holes, new feeders, and follow-up assays.

Minaurum Gold Inc. (TSXV: MGG; OTCQX: MMRGF) reports initial 2025 drill results from Alamos Silver Project, Mexico, with high-grade AgEq intersections: 5.85m @ 476 g/t (incl. 1.80m @ 1,339 g/t) at Europa; 21.45m @ 220 g/t (incl. 1.20m @ 1,377 g/t) at Promontorio. Data to support maiden resource estimate.