Category: Exploration and Development

Avino Silver & Gold Mines Ltd. reported assay results from four drill holes at La Preciosa, targeting the La Gloria and Abundancia veins. Highlights include hole PMLP 25-03 with 1,638 g/t Ag and 1.92 g/t Au over 7.90m true width, and hole PMLP 25-04 with 544 g/t Ag and 0.46 g/t Au over 6.42m. The results confirm high-grade mineralization, exceeding resource expectations, and support further drilling to expand the resource. The veins show typical epithermal characteristics, with no notable copper. Assays followed strict QA/QC protocols at SGS Laboratory in Durango.

Advance Metals Limited completed its maiden diamond drilling program at the Yoquivo Silver-Gold Project in Chihuahua, Mexico, with significant results. Hole YQ-25-007 intersected 7.6m at 116 g/t AgEq, including 1.11m at 2,063 g/t AgEq (1,556 g/t Ag, 6.6 g/t Au), extending high-grade mineralization 60-70m down dip. Scoping holes YQ-25-005, 006, and 008 also hit high-grade structures north of the existing resource, with assays up to 649 g/t AgEq. The company is updating the geological model to guide future exploration and potential JORC resource upgrades.

Tocvan Ventures Corp. has secured a permit for a 50,000-tonne pilot mine facility at its Gran Pilar Gold-Silver Project in Sonora, Mexico, enabling processing of high-grade zones with a target of 1.2 g/t gold and 70% recovery. Combined with permits for 30,000 meters of drilling and 67 trenches, the project is advancing toward production, supported by strong metallurgical results (up to 99% gold recovery) and recent high-grade drill intercepts, including 6.1m at 5.4 g/t Au.

Silver Tiger Metals Inc. announced preliminary results from its 2025 Summer Exploration Program at the El Tigre Project in Sonora, Mexico. The program focuses on mapping and sampling the Northern Veins, 2 km north of the historic El Tigre Mine, to define drill-ready targets for Q4-2025. Exploration will also target undrilled Southern Veins, aiming to expand the project’s 25 km of mapped vein strike length.

Zacatecas Silver Corp. launched a 4,000-metre diamond drill program at its Zacatecas Silver Project, targeting El Cristo and Panuco North vein systems. The program aims to expand the 20.5 Moz AgEq resource at Panuco and explore El Cristo’s high-grade potential. A $2.5M private placement will fund drilling and growth initiatives.

Orla Mining Ltd. completed a 15,000-metre infill drilling program at Camino Rojo’s Zone 22 in Zacatecas, Mexico, on July 18, 2025, with an additional 5,000 metres planned. High-grade Au-Ag-Zn intersections, including 142.0 g/t AuEq over 1.4 m, enhance the underground resource potential. The results support a 2026 resource estimate update and PEA, with mineralization open for further growth.

Aztec Minerals announced August 6, 2025, surface sampling results from Cervantes project, Sonora, Mexico: 151 samples with highs of 15.6 gpt Au and 177.3 gpt Ag at Brasil target. Multiple strong precious metals targets outlined (California East/North, Brasil, Estrella, Purisima East). Follow-up drilling planned after rainy season to expand mineralization.

Questcorp Mining Inc. has begun a 1,500m diamond core drilling program at its La Union Project in Sonora, Mexico, operated by Riverside Resources Inc. The program targets carbonate-hosted replacement deposit (CRD) mineralization, aiming to expand known zones and test new targets across four areas. This marks the first drilling at La Union, with potential for significant gold discoveries.

Orogen Royalties Inc. signed an agreement with Fresnillo plc, selling its Los Coyotes silver-gold project in Sonora, Mexico, for US$118,000 upfront and US$1 million upon commercial production. Orogen retains a 1% NSR royalty. The undrilled project, part of the Laramide porphyry copper belt, features high-grade silver-gold mineralization, with samples up to 6.81 g/t gold and 927 g/t silver.