Southern Silver Exploration reported drill results from the Puro Corazon claim at its Cerro Las Minitas project in Durango, Mexico, including 15.3 m @ 581 g/t AgEq and 22 m @ 426 g/t AgEq, extending high-grade mineralization to ~235 m depth. Results will feed into an updated Mineral Resource Estimate and revised PEA as assays continue.
Shareholders overwhelmingly approved the plan of arrangement for Coeur Mining to acquire New Gold, with about 99% support from New Gold shareholders. Coeur shareholders also approved the required resolutions. The transaction is expected to close in the first half of 2026, subject to regulatory and court approvals.
Chesapeake Gold closed a $17.2 million bought deal public offering (including full exercise of the over-allotment) and a $2.8 million non-brokered private placement with participation from Eric Sprott. Proceeds will support exploration and development at the company’s gold projects in Mexico.
Sierra Madre Gold & Silver secured land-use authorization for its Tlacotal property at the La Guitarra silver-gold complex (Estado de México), enabling mining and development. The company also expanded land holdings, including areas near the tailings facility, supporting future expansion and planned 2026 drilling.
Kingsmen Resources Ltd. (TSXV: KNG) upsized its bought deal private placement to C$11M from C$10M due to strong demand. Red Cloud Securities will buy 4,888,889 units at C$2.25 each (1 share + ½ warrant exercisable at C$3.00 for 36 months), with option for 888,889 more. Proceeds fund Mexican projects and working capital; closing expected ~Feb 11, 2026, subject to TSXV approval.
Silver Spruce Resources announced the resignation of a director and an officer from the company’s board and management team. The departures are part of a broader corporate transition as the company refocuses its priorities. Silver Spruce thanked the outgoing executives for their service and said it is evaluating next steps for leadership continuity.
Goldgroup Mining will acquire Gold Resource Corporation in an all-stock merger (~US$372 M), creating a Mexico-focused precious metals producer with diversified assets in Oaxaca and Sonora, plus the U.S. Back Forty project. The deal values GRC at a 39% premium and is expected to close in Q2 2026, pending approvals.
Continued drilling at the La Preciosa silver-gold project in Durango, Mexico delivered high-grade intercepts, including significant silver and gold values over meaningful widths. Results expand known mineralization and support ongoing exploration, guiding future drilling to further define and grow the resource potential.
Questcorp Mining appointed Amandip Singh to its Advisory Board. Singh brings over 15 years of experience in exploration, capital markets and strategic deals. The company also granted 4.4 M incentive stock options to directors, officers and advisors, with some vesting tied to future market-cap milestones, to support its exploration and development efforts.
Silver Dollar Resources outlined 2026 exploration plans at its 100%-owned La Joya Silver (Cu-Au) Project in Durango, Mexico, shifting focus toward higher-grade underground targets. The company has defined five priority drill targets to test deep San Martin-style mineralization, continues detailed mapping/sampling, and is fully funded to begin drilling once targeting is finalized.
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