Silver Spruce Resources Inc. announced a non-brokered private placement to raise up to $2 million, expected to close around March 27, 2026. Proceeds will fund exploration of the company’s mineral projects and general working capital. The offering may include finder’s fees and warrants, and insiders may participate, subject to TSX Venture Exchange approval.
Zacatecas Silver Corp. agreed to buy a 100% interest in Heliostar Metals’ Cumaro, La Lola, Oso Negro and Ejutla exploration properties in Sonora and Oaxaca, Mexico, creating a larger district-scale exploration platform with near-term drill targets and longer-term strategic potential. Oso Negro is a priority, undrilled high-grade opportunity. The deal expands Zacatecas Silver’s Mexican asset base.
Kootenay Silver reported additional drill results from its Columba High-Grade Silver Project in Chihuahua, Mexico, including 10 m grading 503 g/t silver and 9.88 m grading 319 g/t silver from the Lupe Vein system. The ongoing drill program—expanded to 60,000 meters—is focused on step-out drilling to expand resources, currently estimated at 54.1 million inferred ounces of silver at 284 g/t.
Regency Silver reports that 2025 drilling at its Dios Padre project in Sonora, Mexico has identified new silver-rich zones beneath the historic mine, extending the system 125 m down dip. Highlight assays include 158 g/t silver with copper over 9 m and 5.4 g/t gold over 9 m, supporting continuity of mineralization and potential for substantial new silver-rich zones.
Mithril Silver & Gold Limited has appointed James Barr, P.Geo., as its new Vice President, Exploration, bringing over 20 years of global experience, especially in Mexico’s high-grade epithermal gold-silver systems. He previously held senior exploration roles at SilverCrest Metals, contributing to growth at the Las Chispas Mine. His expertise supports Mithril’s Copalquin exploration strategy.
Endeavour Silver announced leadership changes: George Paspalas was appointed to the Board of Directors; long-time COO Don Gray will retire April 30, 2026; Luis Castro takes over as Chief Operating Officer, and Gord Bussieres was named Vice President, Projects to advance its development pipeline. The updates support company growth as it operates three underground mines and pursues major projects.
Heliostar Metals announced a binding option agreement with Zacatecas Silver Corp., granting Zacatecas the right to acquire 100% of four non-core Mexican exploration projects (Cumaro, La Lola, Oso Negro and Ejutla). Payments over three years total $450K cash and $750K in shares, with Heliostar retaining a 2% NSR royalty (1% repurchasable). The deal should close by March 31, 2026 pending conditions.
Starcore International Mines reported Q3 (ended Jan 31, 2026) financial results, reflecting continued production from its San Martin mine in Mexico and modest profitability. The company generated revenue of roughly $9–10M with positive earnings, supported by steady gold and silver output, while maintaining a focus on operational efficiency and cash flow stability.
Sonoro Gold Corp. reported an updated Mineral Resource Estimate and Preliminary Economic Assessment (PEA) for its Cerro Caliche gold project in Sonora, Mexico. The 10-year open-pit heap leach plan shows an after-tax NPV of USD 224 million and after-tax IRR of 50% at base metal prices, with strong production and payback metrics, underpinning project viability.
Empress Royalty Corp. reported record 2025 results, with US $17.2 M in revenue, US $12.1 M gross profit, US $7.4 M net income (up sharply from US $1.0 M in 2024) and positive operating cash flow of US $3.7 M. The company expects 7,045–7,430 attributable GEOs in 2026, reflecting anticipated production growth and stable metals prices.
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