Zacatecas Silver optioned a 100% interest in Guanajuato Silver’s 509-hectare Lourdes project for US$825,000 in cash and shares over two years, with no minimum exploration spending. The lightly drilled Guanajuato epithermal system has six mapped veins. Zacatecas plans to review historical data, conduct confirmation sampling and refine deeper drill targets.
Pinnacle closed the final tranche of its private placement, raising $1.00 million and bringing total proceeds to $1.65 million. Funds will advance the El Potrero gold-silver project in Durango, support project evaluations, and provide working capital. The financing remains subject to TSX Venture Exchange approval.
Sonoro Gold reported results from 26 additional holes at Cerro Caliche, Sonora, expanding mineralization at Diana and outlining the La Colorada zone. Highlights include 28.95 metres grading 2.598 g/t gold and 47.24 metres at 1.552 g/t gold. The ongoing 50,000-metre campaign has completed 14,086 metres in 72 holes. True widths are estimated at 60–90% of drilled lengths. globenewswire.com
Algo Grande Copper secured a five-year surface access agreement with Ejido Palos Chinos y su Anexo El Guamúchil covering approximately 1,796 hectares at its Adelita Project in Sonora. Effective through September 2031, the agreement maintains uninterrupted access for geological mapping, sampling, geophysical surveys and drilling as Phase II exploration advances.
Platauro Metals began trading on OTCQB under symbol PUROF on September 30, replacing MEXGF after its name change from Mexican Gold Mining. Its TSXV symbol remains PURO; the CUSIP is unchanged, and shareholders need take no action.
Talamore Mining increased its proposed debt facility from $400 million to $450 million, carrying 8.65% annual interest over seven years. Combined with warrant exercises and a completed equity offering, financing could reach $688 million. Shareholder approval remains pending, while the largest debt tranche requires final construction permits for the Coffee Gold Project in Yukon.
Madoro Metals filed initial documentation with the TSX Venture Exchange for its proposed reverse takeover with Narrow River Resources. It is advancing a concurrent private placement of up to C$1.23 million and plans to file a Lac Simard technical report. Completion remains subject to exchange, regulatory and shareholder approvals, financing and customary conditions.
Masivo Silver’s first 2026 hole at Cerro Colorado, Sonora, intersected 32.5 metres grading 0.271% zinc, 7.0 g/t silver and 0.141% lead, plus copper and gold. Drilling stopped at 259.5 metres due to technical difficulties while still in mineralized rhyolitic porphyry. Grades strengthened near the bottom, supporting follow-up drilling. True widths remain unknown.
Centenario Gold has begun a maiden 1,500-metre drill program at Los Reyes, Chihuahua, comprising five to six holes, 200–500 metres deep. Drilling targets depth extensions of skarn mineralization beneath the historic Jibosa and Tueda workings. Previous underground sampling returned up to 27.9% copper at Jibosa and 2.1% molybdenum at Tueda.
Goldgroup committed US$75 million to Luca Mining’s financing for the Cozamin copper-silver mine acquisition, targeting a 19.9% stake and replacing Trafigura’s backstop. Funded from existing cash, the investment would leave approximately US$91 million before costs and other commitments. Goldgroup would receive conditional rights to nominate two directors. Completion remains subject to TSXV approval.
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