Category: Exploration and Development

Tocvan Advances with Pilot Design at Its 100% Controlled Gran Pilar Gold-Silver Project

Tocvan Ventures Corp. announced a 50,000-tonne pilot leaching facility design for its Gran Pilar Gold-Silver Project in Sonora, Mexico, spanning 1.76 hectares. The 2023 land acquisition expanded the project to 21 km². High-grade drilling results (e.g., 3.1m at 19.4 g/t Au) and 62% gold recovery from a 2023 bulk sample highlight its potential, with permitting and financing targeted for 2025.

Impact Silver Intersects 534.8 g/t Silver over 8.50m Including 2,320 g/t Silver over 1.07m on New Kena Vein South at Guadalupe Mine

IMPACT Silver Corp. announced new drill results from the Kena Vein South zone at its Guadalupe silver mine in Mexico. Drilling from Level 140 extended the zone northward, discovering nearby high-grade parallel and splay veins. The zone spans over 300m and remains open. New underground access is complete, with initial mining started and further drilling planned.

Capitan Silver Signs Letter of Intent to Acquire Strategic Land Package to Consolidate the Cruz de Plata Silver-Gold Project, Durango, Mexico

Capitan Silver Corp. signed a Letter of Intent to acquire seven mineral concessions (2,171.4 hectares) adjacent to its Cruz de Plata project in Durango, Mexico, from Minera Fresnillo for US$4M. This expands Capitan’s land by 85%, extends the silver-gold trend by 1.2 km, and enhances exploration and development potential. Closing is expected within 90 days, pending due diligence.

Orla Mining Delivers Initial Underground Mineral Resource for Camino Rojo in Mexico, Paving the Way for Future Development Planning

Orla Mining Ltd. announced the first underground Mineral Resource estimate for its Camino Rojo deposit in Zacatecas, Mexico, extending from the oxide open pit. The Measured and Indicated Resource totals 50.1 Mt at 2.58 g/t AuEq (4.16 Moz), with an Inferred Resource of 5.6 Mt at 2.33 g/t AuEq (0.42 Moz). Zone 22, a sulphide extension, contributes 7% and 19% to these categories, respectively. The resource supports heap leaching, cyanidation, and flotation with pressure oxidation. Orla plans further drilling, an exploration drift, and a 2026 Preliminary Economic Assessment to advance toward underground mining.

Endeavour Silver Continues to Confirm High-Grade Structures During its 2024/2025 Drill Program at Pitarrilla

Endeavour Silver Corp. reports high-grade silver, lead, and zinc drill results from its Pitarrilla project in Mexico. Drilling confirms multiple mineralized feeder structures and a manto, enhancing resource confidence. Highlights include 1,127 gpt Ag over 2.08m (Casas Blancas) and 2,481 gpt Ag over 1.03m (Danna). The project, with significant infrastructure, is poised for further development.

Exploration Expansion Continues at the Copalquin District

Mithril Silver and Gold (TSXV: MSG, ASX: MTH) reports high-grade channel samples at Target 5, Copalquin, Mexico, with up to 5.36 g/t gold, 777 g/t silver, and elevated copper, lead, and zinc. The 1.6 km vein corridor, 1.5 km from Target 1, supports a district-scale epithermal system. Drilling is planned for next quarter.

Silver Spruce Signs Amended Option Agreement, Provides Exploration Update on Pino de Plata Project, Chihuahua, Mexico

Silver Spruce Resources, Inc. finalized an amended Option Agreement for the Pino de Plata project in Chihuahua, Mexico, simplifying terms to earn 100% interest. The deal includes a $10,000 payment and a 10% future sales participation right over three years, eliminating prior cash, share payments, and royalties. The agreement awaits a landowner access deal to proceed with exploration, including Phase 1 drilling.

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