Fortune Bay Corp. (TSXV: FOR) announced that a new state-protected natural area in Chiapas, Mexico (“Mina Banderas”, decreed Nov. 19, 2025), overlaps ~11% of its Río Negro concession (Poma Rosa gold-silver project), affecting part of the Campamento deposit. The company has filed a federal amparo challenge and reports no immediate operational impact.
EV Resources (ASX: EVR) has finalised a fully funded 1,500-2,000m maiden diamond drill program at its high-grade Los Lirios antimony project in Mexico, set to start early January 2026 pending permits. The Phase 1 drilling targets ~900m of the 4km Lirios Fault Zone to define extensions beneath historical workings, aiming for a maiden JORC resource in Q3 2026.
Regency Silver (TSXV: RSMX) upsized its brokered LIFE private placement to up to 19.7M units at $0.175 (each: 1 share + 1 warrant @ $0.26 for 36 months) for gross proceeds up to $3.45M. Proceeds will fund drilling at the Dios Padre silver-copper-gold project in Sonora, Mexico. Closing expected ~Dec 18, 2025.
Mexico’s federal government has accelerated mining permit processing by clearing 62.5% of a 176-project backlog in 14 months, cutting environmental and land-use approval times by 25-33%. This has unlocked >US$11B in investments, led by Zacatecas (US$6.5B) and Sonora, driving rapid project advancement while maintaining environmental and indigenous consultation standards. Full normalization targeted for mid-2026.
Minaurum Gold (TSXV: MGG) closed a C$25M private placement, issuing 69.44M units at C$0.36 (each: 1 share + ½ warrant @ C$0.50, exp. Dec 2027). Proceeds will fully fund Phase II drilling at the Alamos silver project in Mexico; ~44M units issued under LIFE are free-trading immediately.
GoGold Resources (TSX: GGD) reported record FY2025 results: Parral revenue doubled to $72.5M from 2.1M silver equivalent oz sold. Net income $17.3M, operating cash flow $26M. Ended with $141M USD cash, zero debt, and post-financing >$240M USD liquidity to fund Los Ricos development amid silver prices >$55/oz.
Heliostar Metals (TSXV: HSTR) released a PFS for its 100% owned Cerro del Gallo project in Mexico: 15.3-year mine life, 85.7k GEOs/yr at AISC US$1,390/oz. Initial capex $195M, post-tax NPV5% $424M and 33% IRR at $2,300/oz Au; $972M NPV and 59% IRR at $3,900/oz Au. Low strip ratio and heap-leach + SART design drive strong economics and upside.
EV Resources (ASX: EVR) completed due diligence on its 150tpd Tecomatlán antimony plant in Mexico. No issues found; crushing and power systems successfully tested. Plant to produce antimony concentrate from artisanal ore and pilot Los Lirios project. Environmental permit submitted, maiden drilling set for mid-January 2026. Fast-track to near-term antimony production.
Fortune Bay Corp. (TSXV: FOR) announced the adoption of its formal ESG Policy on Dec 10, 2025, formalizing its long-standing commitment to responsible exploration. The policy emphasizes community engagement, environmental stewardship, transparency, ethical governance, and local economic benefits across its gold and uranium projects in Canada and Mexico.
Defiance Silver Corp. held its 2025 AGM on Dec 5, with ~25% of shares voted. Shareholders overwhelmingly approved all resolutions: setting 5 directors, electing all nominees, appointing Davidson & Company LLP as auditor, and ratifying the 2021 Omnibus Plan. CEO Christopher Wright thanked shareholders for their support.
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