Mexico’s Best Drilling Intercepts, Fourth Week of May 2026

Two companies announced results from drilling campaigns in Mexico during the week.

Axo Metals released results from approximately 3,000 m of drilling in 21 holes, with drilling concentrated in and around the Sapuchi deposit at its San Antonio project in Sonora. The company plans to complete 25,000 m of drilling at the Sapuchi deposit to upgrade resource confidence, infill gaps within the block model designated as waste, and test the periphery of the deposit. The company has engaged a contractor to complete a resource estimate for a PEA expected to be finished by late Q3 2026. The San Antonio project is pat of a large iron oxide-copper-gold mineralization (IOCG) system that includes the dislocated copper-rich San Javier project owned by Barksdale Resources a few kilometers to the west.

Minaurum Silver reported drill results from the Europa Sur, Travesía, and San Jose Vein Zones at its Alamos Silver property in Sonora. The company is performing a resource expansion 50,000 m drilling campaign on this intermediate sulfidation epithermal system.

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