Guanajuato Silver closed its acquisition of the Bolanitos gold-silver mine from Endeavour Silver on January 15, 2026, for up to US$50M (US$40M upfront + US$10M contingent). The mine, adjacent to GSilver’s San Ignacio, includes a 1,600 tpd plant and marks GSilver’s fifth producing asset in Mexico.
DynaResource reported preliminary 2025 results from its San Jose de Gracia Mine, producing 21,393 ounces of gold and completing processing plant optimizations with Falcon gravity units. For 2026 guidance, it forecasts 22,000–24,000 ounces of gold production with cash costs of $1,400–$1,600/oz and AISC of $2,400–$2,600/oz, plus planned $1M–$2M exploration.
Endeavour Silver completed the sale of its Bolañitos silver-gold mine in Mexico to Guanajuato Silver on January 15, 2026, for US$40M upfront (US$30M cash + US$10M shares) plus up to US$10M contingent on production milestones. The move supports Endeavour’s focus on core silver assets.
Pacifica Silver Corp. entered a brokered private placement offering of 6.9 million common shares at C$1.45, aiming to raise about C$10 million (with a 15% agents’ option). The net proceeds will fund exploration and drilling at the Claudia Project in Durango, Mexico, and support general corporate and working capital needs. Closing is expected around January 23, 2026, subject to approvals.
First Majestic reported strong Q4 2025 results with 7.8 M oz silver-equivalent production and a 77 % jump in silver output year-over-year, met its full-year guidance, and advanced exploration discoveries. It forecasts 2026 production, plans capital investments, agreed to sell the Del Toro mine, and is increasing its quarterly dividend to 2 % of net revenues.
Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) has commenced its 2026 drill program at the Dios Padre project in Sonora, Mexico. It targets broad sulphide-specularite bearing breccia zones as follow-up to hole REG-25-26 (~240m non-continuous mineralized interval, assays pending). Initial focus: minimum 4 holes (500-650m each) near REG-25-26, including REG-25-27 (50m above strongest zone), to test dip, strike, and expand the high-grade gold-copper-silver discovery.
Colibri Resource Corporation (TSXV: CBI) resumed RC drilling at its EP Gold Project in Sonora, Mexico, completing 11 holes (906m) at San Perfecto and Banco de Oro targets. Assays expected early February 2026; additional 6-10 holes planned for priority targets in this prospective region.
Mithril Silver & Gold Limited has commenced its maiden 3,300-metre drill program at Target 3 in the Copalquin gold-silver district, Durango, Mexico. This forms part of a planned 25,000m district-wide campaign in H1 2026, testing mineralization continuity near high-grade El Jabali historic workings (up to 16 g/t Au and 1,275 g/t Ag).
GR Silver Mining outlined its 2026 plans to accelerate exploration, drilling, and project development at its San Marcial and Plomosas areas in Sinaloa, Mexico, targeting resource growth and advancement. The company aims to expand high-grade zones and progress key project milestones through systematic drilling, aiming to add value and move toward potential future development.
Algo Grande Copper Corp. has engaged AI-Metals for a 12-month AI-driven program to reprocess and integrate geological, geochemical, and geophysical data at its 100%-owned Adelita Copper-Gold-Silver Project in Sonora, Mexico. This reinforces a large skarn-porphyry system, supporting 32 high-priority targets and upcoming Phase 2 exploration in Q1-Q2 2026.
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