Apollo Silver Corp. closed the final tranche of its $27.5M private placement on Jan 28, 2026, raising $12.5M from Jupiter Asset Management ($5.00/unit). Total proceeds: $27.5M to advance Calico Project and corporate purposes.
Minaurum Silver Inc. (TSXV: MGG, OTCQX: MMRGF) announced an initial Inferred Mineral Resource Estimate at its 100%-owned Alamos Silver Project in Sonora, Mexico: 5.37 Mt grading 320 g/t AgEq (202 g/t Ag, plus Au, Cu, Pb, Zn), containing 55.2 Moz AgEq. Based on 104 drill holes across three vein zones; resource remains open with ongoing Phase II drilling. Effective January 8, 2026.
Regency Silver reports that a second drill hole at its Dios Padre project in Sonora, Mexico intersected broad zones of sulphide-specularite breccia, supporting its geological model. This follows earlier holes showing similar mineralized breccias, and further drilling is underway to delineate the extent of the system.
Minera Alamos Inc. (TSXV: MAI, OTCQX: MAIFD) announced a subsidiary of Equinox Gold Corp. sold 9,680,281 common shares to strategic investors, including EVP Darren Blasutti, at C$5.80 per share for C$56.1M gross proceeds to the seller. Blasutti acquired 517,242 shares for C$3M. Shares originated from the Pan Operating Complex acquisition in Nevada. Closing expected early February 2026.
Mercado Minerals Ltd. (CSE: MERC) started geophysical surveys at Copalito Project, Sinaloa, Mexico: high-resolution drone magnetic survey (1,885 ha, 50m lines) to map veins/drill targets, followed by drone LiDAR survey (1,867 ha) for detailed topography. Magnetic survey underway; LiDAR begins early February.
Colibri Resource finished its Phase 1 reverse circulation drilling at the San Perfecto and Banco de Oro targets within the El Plomo (EP) Gold Project in Sonora, Mexico. Initial assay results from pre-holiday holes have been received, with follow-up “shoulder” sampling in progress and remaining samples being prepared for lab analysis.
Fresnillo plc’s 4Q25 Production Report (28 Jan 2026): Q4 silver output 12.2 moz (+5.9% QoQ, -8% YoY); full-year 48.7 moz (down 13.5% YoY, met guidance). Gold Q4 135.3 koz (down YoY); full-year 600.3 koz (beat guidance). 2026 silver and gold guidance reduced due to mine plan changes and lower grades.
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) completed the sale of its San Antonio gold project in Sonora, Mexico, to Axo Copper Corp. on January 27, 2026. Received 15,325,841 Axo shares (9.99% stake) plus contingent payments (VAT refund, US$2M on feasibility study, US$2M on first gold pour) and anti-dilution rights.
Axo Copper Corp. (TSXV: AXO) completed the acquisition of the San Antonio gold project in Sonora, Mexico, from Osisko Development Corp. on January 27, 2026, by acquiring 100% of Sapuchi Minera. Consideration included issuing ~15.3M shares to Osisko (9.99% stake) and ~7.7M to OR Royalties, plus contingent payments. This advances Axo toward development with resource growth potential.
Silverco Mining provided details on its agreement to acquire Nuevo Silver and the La Negra mine in Querétaro, Mexico. Under the deal, Silverco will issue shares to Nuevo Silver shareholders, with potential earn-out payments tied to future silver prices and production milestones. The acquisition expands Silverco’s Mexican asset base and is expected to enhance long-term growth and production potential.
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