Regency Silver was the only company to release drilling results from a project in Mexico during the week, with interesting gold, copper and silver numbers. The Dios Padre property is in the Santa Rosa de Yecora district, which hosts several ore deposits in breccia bodies within a batholith or in its contact with volcanic rocks, like some other projects in the area.

Speaking of the Santa Rosa de Yecora district, this week also Atacama Copper released a Cu-Ag-Mo maiden resource estimate for its Yecora project, which is adjacent to the Santana gold project currently being mined by Minera Alamos, and is also adjacent to the historically known Los Verdes Mo-Cu deposit. A few kilometers to the East is the Mercedes project (formerly La Lamosa), which was drilled last year by Magna Gold and holds a small (non NI-43-101 compliant) gold resource. Several other projects, like Potrerillos, Tía Cantuna and Santa Rosa (drilled by Centerra) are also related to breccia bodies or the batholith contact with the hosting volcanic rocks.

According to the technical report released by Regency early in 2023, the silver deposit at Dios Padre is of low sulfidation epithermal affinity. In the last press release the picture emerging is more according to the district mineralization, with an early gold-silver mineralization related to a pyrite-specularite breccia and copper mineralization increasing with depth to a quartz-feldspar porphyry. The Santa Rosa de Yecora District is likely to have more significant mineralization to be found.