Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico

Colibri Resource Corp. (TSXV: CBI) has commenced reverse circulation drilling at its 4,766-ha EP Gold Project in Mexico’s prolific Caborca Gold Belt, adjacent to Fresnillo plc holdings. CEO Ian McGavney called the start of drilling a key catalyst for exploration momentum in this established mining district.

Los Lirios Exploration and Development Update

EV Resources (ASX:EVR) completed drill permitting (up to 50 holes) at Los Lirios, with drilling to start mid-January 2026. Tecomatlán plant due diligence positive; Phase 1 engineering nears completion. Fully funded after closing placement; first assays mid-December. On track for antimony production mid-2026.

Torex Gold Reports Promising Drill Results from Media Luna West

Torex Gold Resources (TSX: TXG) reported strong 2025 drilling at Media Luna West (Morelos Complex, Mexico), defining a 400×300 m high-grade zone near Media Luna. Highlights: 17.79 gpt AuEq over 12.9 m and 12.25 gpt AuEq over 11.0 m. An inaugural Inferred Resource is expected in March 2026; remains open north and south.

Southern Silver Intersects 10.5 metres averaging 1,115g/t AgEq at Cerro Las Minitas Project in Durango, México

Southern Silver Exploration (TSXV: SSV) announced bonanza-grade silver intercepts from the first drill holes on its newly acquired Puro Corazon claim at the Cerro Las Minitas project in Mexico. Ten of 21 planned holes (4,000 m) are complete with several additional thick sulphide intercepts logged and assays pending. Underground channel sampling has begun, with results to support an updated mineral resource estimate and new PEA expected in Q1 2026.

Mithril Gives Exploration Update Including Channel Sample Results up to 4,520 g/t Silver, and 38.2 g/t Gold as Expansion of the District Continues at Copalquin, Mexico

Mithril Silver and Gold (TSXV:MSG) reported high-grade channel samples across Copalquin District, Mexico: highlights include 0.60 m @ 38.3 g/t Au + 4,520 g/t Ag (Target 5), 0.50 m @ 16.8 g/t Au + 625 g/t Ag (Target 1 West), and 0.65 m @ 16.0 g/t Au + 284 g/t Ag (Target 3). Drilling expands Target 1 West and Target 5; Target 3 drilling starts Jan 2026. 25,000 m drill program planned for H1 2026.

Axo Copper Announces Acquisition of Past Producing San Antonio Gold Project from Osisko Development

Axo Copper (TSXV:AXO) is acquiring the San Antonio Gold Project (Sonora, Mexico) from Osisko Development. The past-producing project hosts 576 koz Au Indicated (1.20 g/t) and 544 koz Au Inferred (1.02 g/t) in open-pittable oxides/transition/sulphides, with full infrastructure. Consideration: shares giving Osisko 9.99% and OR Royalties 4.99% of Axo, plus contingent payments and an amended 7.15% Au/Ag stream (30% of spot). Closing expected Q4 2025.

Pinnacle Flies LiDAR Survey at El Potrero

Pinnacle Silver and Gold Corp. (TSXV:PINN) has completed a high-resolution airborne LiDAR and aerial photography survey over its entire 11 km² El Potrero high-grade gold-silver project in Durango, Mexico. The survey will reveal hidden structures, veins, and historic workings beneath vegetation to guide upcoming drilling and fast-track the low-capex restart of the past-producing project near four operating mines. Results expected mid-December.

Capitan Silver Announces $20 Million Bought Deal Financing

Capitan Silver Corp. (TSXV: CAPT) announced a C$20M bought deal private placement of 9.855M common shares at C$2.03 each, led by Stifel Canada. An option for an additional 1.478M shares exists. Proceeds will fund exploration at Cruz de Plata project and general purposes. Closing expected December 17, 2025.

Hecla Mining Company to Join S&P MidCap 400 Index

Hecla Mining Company (NYSE: HL) will join the S&P MidCap 400 Index effective December 22, 2025. This recognizes its strong performance, ~$11B market cap, and operational excellence in silver/gold mining. Hecla becomes the only precious metals producer in the index, expected to attract more institutional investors and improve liquidity.

Pan American Silver: Early Warning News Release

Pan American Silver Corp. (NYSE: PAAS) acquired 18.75M units of Galleon Gold Corp. (TSXV: GGO) at C$0.60 each via private placement, gaining 18.75M shares and 9.375M warrants (exercisable at C$0.75 until Dec 2027). This boosts ownership to ~14.7% undiluted, ~29.7% partially diluted, atop a C$8M convertible debenture. Investment for long-term potential; early warning filed.

Americas Gold and Silver Closes US$132.25 Million Bought Deal Financing

Americas Gold and Silver closed an oversubscribed US$132.25M bought deal financing, issuing 33M shares at US$4.00 each. Proceeds will fund the acquisition of Crescent Silver Mine (Idaho) and related capex. CEO notes strong institutional support, early Galena hoist upgrade enabling a 21-day December pause, and a fully-funded, robust 2026 outlook.

Guanajuato Silver Provides Corporate Update

Guanajuato Silver is optimizing operations ahead of Bolanitos acquisition (expected Jan 2026): temporarily closing Cata mill, rerouting Valenciana ore to El Cubo, aiming for higher plant utilization and lower costs. Court ruled subsidiary owes NucTech ~US$10.3M in equipment dispute; company will appeal, staying payment.

Fortune Bay Appoints Patrick McGrath as Chief Financial Officer

Fortune Bay Corp. (TSXV: FOR) announced the appointment of Patrick McGrath as Chief Financial Officer, effective immediately. Mr. McGrath, a CPA with over 25 years of resource-sector finance and leadership experience, succeeds Sarah Oliver, who served as CFO since 2016 and will assist with the transition.

Minaurum Gold Inc. Announces Upsize in Best Efforts Private Placement to C$20.0M

Minaurum Gold (TSXV:MGG) has upsized its previously announced private placement to up to C$20M, offering 55.56M units at C$0.36 (each: 1 share + ½ warrant @ C$0.50, 24 months), with an option for another C$5M. Proceeds fund Phase II drilling at the Alamos silver project and working capital. Closing ~Dec 11, 2025.

Mobile View

Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico

Colibri Resource Corp. (TSXV: CBI) has commenced reverse circulation drilling at its 4,766-ha EP Gold Project in Mexico’s prolific Caborca Gold Belt, adjacent to Fresnillo plc holdings. CEO Ian McGavney called the start of drilling a key catalyst for exploration momentum in this established mining district.

Los Lirios Exploration and Development Update

EV Resources (ASX:EVR) completed drill permitting (up to 50 holes) at Los Lirios, with drilling to start mid-January 2026. Tecomatlán plant due diligence positive; Phase 1 engineering nears completion. Fully funded after closing placement; first assays mid-December. On track for antimony production mid-2026.

Capitan Silver Announces $20 Million Bought Deal Financing

Capitan Silver Corp. (TSXV: CAPT) announced a C$20M bought deal private placement of 9.855M common shares at C$2.03 each, led by Stifel Canada. An option for an additional 1.478M shares exists. Proceeds will fund exploration at Cruz de Plata project and general purposes. Closing expected December 17, 2025.

Hecla Mining Company to Join S&P MidCap 400 Index

Hecla Mining Company (NYSE: HL) will join the S&P MidCap 400 Index effective December 22, 2025. This recognizes its strong performance, ~$11B market cap, and operational excellence in silver/gold mining. Hecla becomes the only precious metals producer in the index, expected to attract more institutional investors and improve liquidity.

Pan American Silver: Early Warning News Release

Pan American Silver Corp. (NYSE: PAAS) acquired 18.75M units of Galleon Gold Corp. (TSXV: GGO) at C$0.60 each via private placement, gaining 18.75M shares and 9.375M warrants (exercisable at C$0.75 until Dec 2027). This boosts ownership to ~14.7% undiluted, ~29.7% partially diluted, atop a C$8M convertible debenture. Investment for long-term potential; early warning filed.

Americas Gold and Silver Closes US$132.25 Million Bought Deal Financing

Americas Gold and Silver closed an oversubscribed US$132.25M bought deal financing, issuing 33M shares at US$4.00 each. Proceeds will fund the acquisition of Crescent Silver Mine (Idaho) and related capex. CEO notes strong institutional support, early Galena hoist upgrade enabling a 21-day December pause, and a fully-funded, robust 2026 outlook.

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

End of Mobile View Section