Mexican Gold acquired 100% interest in Chesapeake’s Tatatila Project (3,824 ha) in Veracruz, Mexico, adjoining Las Minas, for 4.45M shares ($222K value, 14.99% stake) and 1.5% NSR royalty (0.5% buy-back at US$500K). Shares subject to hold periods and 2.5-year lock-up; pending TSXV approval.
Silver Spruce signed an amending agreement to acquire Colibri’s 50% interest in the Jackie Au-Ag Project in Sonora, Mexico, for 166,667 shares at $0.15 each and 1% NSR royalty, gaining 100% ownership. Plans include environmental permitting, fieldwork, trenching, and initial drilling on high-grade epithermal targets.
Questcorp Mining Inc. completed Phase 1 drilling at La Union gold-silver project in Mexico: 12 core holes totaling >1,600m across six targets. Over 700 samples shipped for assays. Riverside Resources operated; results to inform Phase 2 in H1 2026.
Riverside Resources completed Phase 1 drilling at its Union Project in Sonora, Mexico: 12 holes totaling over 1,600m across six targets (Union Mine, Famosa, etc.). Funded by partner Questcorp; over 700 samples shipped for assays. Results to guide Phase 2 exploration in H1 2026.
Silver Dollar Resources discovered the North Canyon zone at its Nora property in Durango, Mexico, 1,500m north of the Candy mine. Channel sampling returned 162 g/t AgEq over 12.48m. A 3-year drill permit has been received to advance exploration.
Luca Mining announced a three-year, US$25M exploration program targeting high-grade gold at its Campo Morado and Tahuehueto mines in Mexico, including 80,000m of drilling and AI analysis of historical data. 2026: US$6.5M for 20,000m; 2027-2028: US$18.5M for 60,000m.
Tocvan Ventures commenced its maiden drill program at the North Block of Gran Pilar Gold-Silver Project in Sonora, Mexico, on Nov 11, 2025. Initial 2,000m underway (3,000m more proposed) targeting a 3.2km x 1.5km zone with high-grade surface results (up to 5.6 g/t Au, 1,225 g/t Ag); fully permitted for 30,000+m drilling to expand resources.
Silverco Mining Ltd. (TSXV: SICO) reported drill results from San Miguel target at Cusi Property, Mexico: 8.6m @ 250 g/t AgEq and 2.1m @ 1,042 g/t AgEq. The 15,000m 2025 drill program is two-thirds complete, aiming to expand veins for higher-grade resource and production restart.
Capitan Silver Corp. reports high-grade silver mineralization at Cruz de Plata’s Jesus Maria trend, with drillhole 25-ERRC-26 intersecting 1,767 g/t AgEq over 1.5m within 234 g/t over 25.9m. Expands zones, identifies new structures like Peñoles Fault; ongoing 15,000m program with pending assays and resource update.
Kenadyr Metals (to be Algo Grande Copper) updates Adelita Project: Phase 1 exploration (drilling, magnetic/geochemical surveys) starts Nov 2025 at Cerro Grande Skarn. Fully permitted, including 20-year mining license. Acquisition from Infinitum (80%) and Minaurum (20%) awaits TSXV approval. Financing closes soon. Shareholder call Nov 7.
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