Category: Exploration and Development

EV Resources announced production of its first antimony ingots from material at the Los Lirios Project in Oaxaca, Mexico, validating a simple, low-cost smelting pathway. The milestone supports its strategy to become a near-term North American antimony producer, with drilling, metallurgical testing, and plant refurbishment advancing

Kingsmen Resources plans step-out and deeper drilling at its Las Coloradas high-grade silver project and initial diamond drilling at the Almoloya gold-silver project in Chihuahua, Mexico, after closing a bought-deal financing that fully funds its 2026 exploration programs. Multiple large, largely untested targets remain at both properties, highlighting strong discovery potential.

Luca Mining Corp. reported underground drilling at its Campo Morado Mine (Largo Norte Zone) that hit 135.7 m of 1.58 g/t gold, 77.1 g/t silver, 0.88% copper and 1.61% zinc, extending known mineralization and prompting follow-up drilling to expand the zone. Additional underground holes also intersected encouraging polymetallic intervals.

Sierra Madre Gold and Silver is advancing a two-stage expansion at its La Guitarra silver-gold mine. The first phase will boost processing from 500 tpd to ~750–800 tpd, with equipment upgrades and purchases underway. A second phase aims for 1,200–1,500 tpd by Q3 2027. Work includes plant upgrades, tailings handling, crushers, mills, and expanded mining fleet.

Mithril Silver and Gold announced exploration updates at its Copalquin silver-gold project in Durango, Mexico. Maiden drilling at Target 5 confirmed a large 9.6 km² silver-rich zone with high-grade intercepts. Phase IV drilling advances at Target 1 to extend resources, while drilling starts at Target 3. Up to 25,000m drilling planned for 2026.

Tocvan Ventures Corp. announced the restart of exploration drilling at the South Block of its Gran Pilar Gold-Silver Project in Sonora, Mexico. Targeting new high-priority zones from drone magnetics and geochemistry (up to 21.2 g/t Au, >2,000 g/t Ag). Up to 10,000m RC drilling planned; two holes completed. Follows strong 2025 intercepts like 19.4 g/t Au over 3.1m. Pilot Mine condemnation drilling finished.

Minaurum Silver Inc. reported high-grade silver intercepts at its Alamos Project in Sonora, Mexico: 12.35 m of 408 g/t AgEq (including 3.20 m of 1,277 g/t AgEq) in the Europa Vein Zone, a 250 m step-out from the inferred resource. Mineralization remains open; Phase 2 drilling aims to expand resources.

Capitan Silver Corp. announced high-grade drill results at Cruz de Plata, Durango, Mexico, including 1,833 g/t AgEq over 1.5 m within a broader 340 g/t AgEq over 21.3 m at the new high-grade silver zone, plus 1,254 g/t AgEq over 1.5 m within 157 g/t over 16.8 m along the Jesus Maria trend.

Pacifica Silver announced a new high-grade discovery at the Justina vein in its Claudia Silver-Gold Project, Durango, Mexico. Hole 25CLAU059D intersected 2.10m at 3.53 g/t Au and 460 g/t Ag, including 0.80m at 9.01 g/t Au and 1,175 g/t Ag. The vein extends 160m down-dip; step-out drilling planned.

Capitan Silver Corp. announced the arrival of a second drill rig at its Cruz de Plata silver-gold project in Durango, Mexico. It will test a newly discovered high-grade silver zone near the Peñoles fault (e.g., 2,636 g/t Ag over 1.5m in prior holes). A 60,000m drill program is planned for 2026.