Two companies announced results from diamond drilling campaigns in Mexico during the week. The third company included in the table below published results past week that were not included in the respective weekly compilation
Torex Gold presented results from drilling at its Morelos Complex in Guerrero. The company’s 2026 program includes 62,500 m of drilling for the Media Luna Cluster focusing on growing resources and offsetting depletion, with a further 36,000 m targeting ELG Underground to offset depletion, grow mineral reserves, and expand resources within the main mineralized trends. “The Media Luna Cluster and ELG Underground are located within the Morelos Complex, both of which are hosted within the Mesozoic carbonate-rich Morelos Platform, overlayed by Cuautla and Mezcala formations and have been intruded by Paleocene stocks, sills, and dikes of granodioritic to tonalitic composition…. The mineral assemblage is characterized by pyroxene, garnet, and magnetite. Metal deposition occurred during hydrated minerals alteration and is associated with a mineral assemblage comprising of amphibole, phlogopite, chlorite, and calcite ± quartz ± epidote as well as variable amounts of magnetite and sulfides, primarily pyrrhotite”. Gold occurs as free gold and was deposited after the chalcopyrite bearing calc-silicate alteration.
Advance Metals provided an update on drilling progress at the Gavilanes project in Durango. “The latest results provide further evidence that Gavilanes may represent a multi-stage telescoped mineralising system with geological similarities to the nearby San Dimas district. At San Dimas, mineralisation is interpreted to reflect several superimposed events, including an early Cretaceous copper-gold porphyry event overprinted by later silver-dominant and then gold-dominant epithermal vein systems”. The project presents mineralization with intermediate sulfidation epithermal characteristics.
Minaurum Silver reported las week results from drilling on the Europa, Quintera, Travesía, and San José vein zones at its Alamos Silver project in Sonora. The drilling is part of the Phase II 50,000 m resource expansion program at the site. The Alamos Silver project displays Intermediate sulfidation epithermal mineralization.
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