Category: Exploration and Development

Major Advancement in EVR’s Producer Strategy as Tecomatlán Plant Clears Technical Review

EV Resources (ASX: EVR) completed due diligence on its 150tpd Tecomatlán antimony plant in Mexico. No issues found; crushing and power systems successfully tested. Plant to produce antimony concentrate from artisanal ore and pilot Los Lirios project. Environmental permit submitted, maiden drilling set for mid-January 2026. Fast-track to near-term antimony production.

Silverco Announces Updated MRE for Cusi: 41 Moz AgEq M&I and 32 Moz AgEq Inferred

Silverco Mining Ltd. (TSXV: SICO) released an updated MRE for its 100%-owned Cusi silver project in Mexico: M&I 4.89 Mt at 262 g/t AgEq (41.2 Moz contained), Inferred 4.07 Mt at 243 g/t AgEq (31.8 Moz). San Miguel zone drives growth with 10.8 Moz Indicated + 16.2 Moz Inferred; resource uses tighter, more conservative parameters.

Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico

Colibri Resource Corp. (TSXV: CBI) has commenced reverse circulation drilling at its 4,766-ha EP Gold Project in Mexico’s prolific Caborca Gold Belt, adjacent to Fresnillo plc holdings. CEO Ian McGavney called the start of drilling a key catalyst for exploration momentum in this established mining district.

Coeur Provides Palmarejo Exploration Update

Coeur Mining (NYSE: CDE) reported 2025’s largest-ever exploration program at Palmarejo (Mexico): 68,000m drilled across its 300 km² district (only 3% explored). Key wins include extending Hidalgo Corridor veins, confirming Independencia Sur-Norte continuity, and high-grade hits at San Miguel (e.g., 17.9m @ 4.2 g/t Au + 1,870 g/t Ag) plus a new Camuchín discovery, signaling major mine-life extension potential.

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