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.
Endeavour Silver Corp. reported steady progress at its Terronera mine in Jalisco, Mexico, for July 2025. The mine milled 57,080 tonnes, averaging 1,841 tonnes per day (tpd), with current rates between 1,900 and 2,000 tpd. Silver and gold recoveries averaged 71% and 67%, respectively, since July 16. Higher-grade material processing is expected to boost recoveries, with a focus on sustaining 2,000 tpd throughput as the mine advances toward commercial production.
Guanajuato Silver Company Ltd. reported high-grade gold intercepts at its Valenciana Mines Complex in Mexico, with 0.98m at 16.7 g/t gold and 0.26m at 45.3 g/t gold in the Santa Margarita zone. These results, from 475m of Q1 2025 drilling, will support a new mining block in 2025, boosting production potential.
Mithril Silver and Gold Limited reported high-grade gold and silver results from its Copalquin District project in Mexico for Q2 2025. Channel sampling at Target 2 yielded up to 31.8 g/t gold and 1,004 g/t silver, while drilling at Las Brujas returned 11.5m @ 8.61 g/t gold. Target 5 sampling showed up to 5.36 g/t gold and 777 g/t silver, preparing for drilling next quarter. A C$11.5M private placement was completed, with a cash balance of A$11M.
Tocvan Ventures announces permit approval for 45 drill pads and 67 trenches at Gran Pilar Gold-Silver Project, expanding drilled area 5x with over 30,000m of new drilling. This enables testing new targets, resource expansion, and material prep for a 50,000-tonne pilot mine, amid record gold prices.
IMPACT Silver Corp. announced high-grade results from its initial underground drilling at the Santo Domingo Zone, Plomosas Mine, Mexico. Key intersections include 18.03% ZnEq over 2.60m and 23.70% ZnEq over 0.73m. Located outside existing JORC resources, the zone’s proximity to active workings enables rapid production. Drilling continues to expand resources.
Vizsla Silver Corp. announced preliminary HLEM survey results at Panuco, identifying new near-surface anomalies in the Copala and Napoleon vein corridors. The company plans 25,000+ meters of drilling, a TEM survey, and 70% district mapping in 2025, while exploring the newly acquired Santa Fé property. A webcast is scheduled for July 30 to discuss exploration plans.
Mithril Silver and Gold Limited announced high-grade results from channel sampling at Copalquin, Mexico, with Target 6 yielding 57.8 g/t gold and 2,120 g/t silver. Target 5 sampling continues to expand ahead of drilling in August 2025. Fully funded for 45,000 meters of drilling, Mithril aims to unlock the district’s multi-million-ounce potential.
Equinox Gold Corp. reports high-grade gold discoveries at its El Limon Mine in Nicaragua, with drill results up to 36.77 g/t gold over 6.9m. The 2025 100,000m drilling program targets resource expansion, showing potential to extend mineralization. Since acquiring El Limon in 2019, Mineral Reserves increased 700% to 1.12M ounces, with surplus processing capacity supporting future growth.
GR Silver Mining Ltd. announced drilling results from its Step-Out Drilling Program at the San Marcial Area, Plomosas Project, Mexico. The program targets silver mineralization extensions along NE and NW structures, identifying wide, high-grade hydrothermal breccias near the 2023 NI 43-101 resource. Key results include SMS25-05 with 26m at 122 g/t Ag Eq and SMS25-04 with 36m at 144 g/t Ag Eq.
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