Category: Exploration and Development

Zacatecas Silver has commenced drilling at the El Cristo target within its Zacatecas Silver Project, marking the start of its 2026 exploration campaign. The program includes ~4,000 metres of drilling (2,800 m at El Cristo) to expand mineralization and support a potential maiden resource, following strong historical results and recent permit approval.

Tocvan reported a new gold-silver discovery at its Gran Pilar project in Sonora, with step-out drilling 1.6 km from the Main Zone intersecting mineralization from surface. Initial results confirm a new zone aligned with a magnetic anomaly, highlighting district-scale expansion potential and supporting ongoing drilling to define the extent and open-pit resource upside.

Questcorp Mining and Riverside Resources have launched a fully funded Phase 2 exploration program at the La Union Project in Sonora, building on strong Phase 1 results, including high-grade gold-silver and a new sediment-hosted gold discovery. Work includes mapping, geophysics, geochemistry, and target refinement ahead of a planned drilling campaign in summer 2026.

Minaurum Silver reported high-grade drill results from its Alamos Project in Sonora, including 5.3 m of 570 g/t Ag with higher-grade intervals up to 1,024 g/t Ag. Results from multiple vein zones confirm strong continuity and expansion potential, supporting a 50,000 m drill program and a planned updated resource estimate in 2026.

Americas Gold and Silver reported new high-grade discoveries in Idaho and Mexico and a strong 2025 resource update, with M&I silver resources up 10% to 115.7 Moz and grades rising significantly. At Galena, resources increased 19% with higher grades, while new veins and near-mine discoveries highlight growth potential. A major 2026 exploration program is planned.

Zacatecas Silver reported results from 124 rock-chip samples at the El Cristo vein system, with nearly a quarter exceeding 100 g/t AgEq and a high of 670 g/t AgEq. Results from historic shaft dumps highlight near-surface silver-base metal mineralization and will guide upcoming drilling, though grab samples are not representative of true grade or continuity.

EV Resources is accelerating near-term antimony production by refurbishing the Tecomatlán processing plant in Mexico. A restructured, milestone-based agreement minimizes upfront costs and links payments to permits and performance. Plant upgrades are underway, supported by high-grade feed from Los Lirios and strong recoveries (~90.8%), positioning EVR as a low-capex, first-mover supplier in a tightening global antimony market.

Silver Viper reported high-grade infill drill results at the El Rubi zone, including 11.7 m grading 9.18 g/t gold and 352 g/t silver, with extremely high-grade sub-intervals. The program has exceeded 5,600 m and continues, supporting resource expansion potential at La Virginia while also identifying new mineralized structures at nearby El Molino.

Southern Silver reported strong drill results at Cerro Las Minitas, including 6.3 m grading 874 g/t AgEq, confirming high-grade, silver-rich polymetallic mineralization. Results from the Puro Corazón area continue to expand known zones and support resource growth, with ongoing drilling expected to enhance the upcoming resource update and project economics.

Algo Grande launched advanced geophysical and geochemical programs at its Adelita Project in Sonora to refine drill targets ahead of a Phase II campaign in Q2 2026. Work includes LiDAR, geophysics, and surface sampling aimed at improving structural understanding and identifying high-priority zones for upcoming drilling.