Author: Gambusino Prospector
Talamore Announces Shareholder Approval of Financing and Timing of Warrant Early Exercise Incentive Program
Discovery Announces Receipt of Key Environmental and Land Use Permits for Cordero Project
Zacatecas Silver Signs Option to Acquire the Lourdes Gold-Silver Project from Guanajuato Silver
Heliostar Announces Graduation to TSX
Silver Bull Provides Update on Sierra Mojada
The Mining and Exploration News in Mexico; Highlights on the First Week of October 2026
By Jorge Cirett
During the 40th week of the year (September 28th to October 4th, 2026), 16 companies working in Mexico released press releases. Four companies reported on activities at early-stage projects. Two companies reported on quarterly results and one announced an expansion plant update. One company changed trading symbol, and one more closed a financing round. One company reported on metallurgical results and one more on an advanced property drilling results. Four companies reported on deals and corporate issues. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, in Sonora, Tocvan presented drilling results from Gran Pilar, Algo Grande Copper secured a surface agreement for Adelita and Masivo Silver reported on drilling at Cerro Colorado. In Chihuahua, Centenario Gold begins drilling at Los Reyes. ON MINING, Sierra Madre Gold and Silver updated on the plant expansion at La Guitarra, in Estado de México. Agnico Eagle and Alamos Gold informed on Q3 Results. ON FINANCING. Platauro Metals announced a new OTCQB symbol. Pinnacle Gold and Silver closed a financing round for C$1.65 M. ON RESOURCES AND DEVELOPMENT, Tocvan Ventures reported on metallurgical results at Gran Pilar, in Sonora. Sonoro Gold presented results from drilling at Cerro Caliche, in Sonora. ON DEALS AND CORPORATE ISSUES, Goldgroup Mining announced a US$75 M strategic investment in Luca Mining, to support the acquisition of Cozamin, in Zacatecas. Silver Hammer and Stroud Resources shareholders approved of its merge. Madoro Metals updated on the proposed takeover with Narrow River Resources. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
- No Relevant News.
ON EXPLORATION
- Tocvan Expands El Mezquite; Drilling Returns 106.8 m of 0.5 g/t Au: Tocvan Ventures (Gran Pilar, Sonora)
- Algo Grande Copper Secures Five-Year Surface Access Agreement with Ejido Palos Chinos at the Adelita Project: Algo Grande Copper (Adelita, Sonora)
- Masivo Silver Reports Broad Polymetallic Mineralization from Initial 2026 Drilling Program at Cerro Colorado Project, Sonora, Mexico: Masivo Silver (Cerro Colorado, Sonora)
- Centenario Gold Announces the Start up of it’s Maiden Drill Program at the Los Reyes Copper, Moly, Gold Skarn System: Centenario Gold (Los Reyes, Chihuahua)
ON MINING
- Sierra Madre Announces Guitarra Processing Plant Achieves Throughputs of up to 720 Tonnes per Day as Development at Nazareno and Guitarra Mines Accelerates: Sierra Madre Gold and Silver (La Guitarra, Estado de México
- Agnico Eagle Provides Notice of Release of Third Quarter 2026 Results and Conference Call: Agnico Eagle (San Nicolás, Zacatecas)
- Alamos Gold Provides Notice of Third Quarter 2026 Results and Conference Call: Alamos Gold (Mulatos, Sonora)
ON FINANCING AND SHARES
- Elemental Royalty to Participate in Renmark’s Virtual Non-Deal Roadshow Series on Wednesday, October 7, 2026: Elemental Royalty (Mercedes, Sonora)
- Platauro Metals Announces New OTCQB Trading Symbol: Platauro Metals (Las Minas, Veracruz)
- Pinnacle Closes Second and Final Tranche of Private Placement: Pinnacle Silver and Gold (Potrero, Durango)
ON RESOURCES AND DEVELOPMENT
- Tocvan Reports Positive Closed-Circuit Column Leach Test Results at Gran Pilar: Tocvan Ventures (Gran Pilar, Sonora)
- Sonoro Gold Announces Continued Expansion of Higher-Grade Mineralization at Cerro Caliche: Sonoro Gold (Cerro Caliche, Sonora)
ON DEALS AND CORPORATE ISSUES
- Goldgroup Announces Commitment for Strategic Investment in Luca Mining: Goldgroup Mining (San Francisco, Sonora)
- Luca Mining Announces Binding Equity Commitment from Goldgroup Mining Inc.: Luca Mining (Campo Morado, Guerrero)
- Silver Hammer and Stroud Shareholders Overwhelmingly Approve the Amalgamation of Silver Hammer, Stroud and SilverMark, and Announce Results of Annual and Special Meetings: Silver Hammer Mining (Santo Domingo, Jalisco)
- Madoro Metals Corp. Provides Update on Proposed Reverse Takeover with Narrow River Resources: Madoro Metals (Cerro Minas, Oaxaca)
ON SOCIAL RESPONSIBILITY
- No Relevant News
On the image below: Monzonite porphyry in northern Sonora. Picture by Jorge Cirett
Mexico’s Best Drilling Intercepts, First Week of October 2026
Three companies released results from drilling projects in Mexico during the week, notably, the three projects are in Sonora.
Sonoro Gold announced assay results from 26 reverse circulation drill holes at its Cerro Caliche property in Sonora, having completed 72 holes over 14,086 m as part of an ongoing 50,000-m campaign. The results are from the recently acquired Diana concessions and the newly-identified La Colorada zone. The higher-grade results from the Diana zone are likely to improve the overall economics of the project, whereas at La Colorada zone “Drilling outlined a new northwest-trending mineralized zone characterized by rhyolitic dikes, structurally controlled breccias, multiple mineralized structures and numerous historical mine workings.”
Tocvan Ventures reported assays results from one additional hole at its Gran Pilar project in Sonora. The hole was collared 130 m from a previous successful hole on the El Mezquite trend, which now has been traced for 1,400 m. “Mineralization remains associated with silicified hydrothermal breccia, pyrite, tourmaline, and increasing Zn-Pb-As pathfinders.” From information on previous news releases, the project presents characteristics of an intermediate sulfidation epithermal system, probably distal to a porphyry copper system.
Masivo Silver reported analytical results from the first drill hole completed at its Cerro Colorado project in Sonora. The company reported the “broad width of mineralization, strong alteration, persistent polymetallic signature and strengthening grades near the bottom of the hole”, same that was terminated due to technical difficulties. Cerro Colorado displays characteristics of intermediate sulfidation epithermal mineralization over imposed on a porphyry copper system.
#Mexico #Mining #Exploration #Drilling #Gold #Silver #Copper #Lead #Zinc
Mexico’s Best Drilling Intercepts, Fourth Week of September 2026
Six companies released results from drilling projects in Mexico during the week.
Torex Gold Resources reported results from drilling at its Morelos property in Guerrero, which encompasses the Limón-Guajes and Media Luna mines, as well as the Media Luna North, Media Luna West, Media Luna East, EPO and ELG Underground deposits, and the San Miguel Corridor target. Impressive gold, silver and copper grades in long intervals from the San Miguel Corridor, Media Luna mine, Media Luna North, Media Luna East and from ELG Underground were announced. The present press release also incorporates information on the regional exploration plays, same that sound really interesting. For a more detailed description of the geology of this skarn related ore deposit, please read the press release.
Southern Silver Exploration reported assays from five definition holes on the Puro Corazón target at its Cerro Las Minitas property in Durango. “These initial results are from the ongoing 14,000 metre core hole drill program that was started in June ’26 and is designed to upgrade resource classification in the Puro Corazon target. The current drill program will test an area that is roughly a 200 metres strike-length by 300 metres down dip within the Puro Corazon claim.” Mineralization present at Cerro Las Minitas is of carbonate replacement deposits (CRD) and skarn deposit styles.
Kootenay Silver announced assays results from expansion drilling along the Lupe vein at its Columba project in Chihuahua. The company has completed more than 30,000 m of drilling on its 60,000 m program, with 51 holes reported to date. “Drilling has outlined the Lupe Vein system over approximately 520 meters of strike and 450 meters of vertical extent, and it remains open for expansion”. Columba presents mineralization of intermediate sulfidation epithermal affinity.
Algo Grande Copper reported the remaining results from one drill hole at its Adelita project in Sonora. The results confirmed the presence of two mineralized intervals. Adelita presents skarn mineralization deemed distal to a porphyry copper system.
Kingsmen Resources reported results from one more drill hole at its Las Coloradas project in Chihuahua. On the #8 structure, “… the mineralization appears as a multidirectional stockwork of massive sulfides within pervasive phyllic alteration. The massive sulfides are accompanied by massive calcite, massive white quartz, and translucent quartz.” Las Coloradas is a good example of intermediate sulfidation epithermal veins.
Minaurum Silver informed on drill results from the Europa, Quintera, San José and Promontorio Sur vein zones, at its Alamos silver project in Sonora. These results are part of the ongoing phase II, 50,000 m resource expansion drilling program. Mineralization at Alamos Silver presents characteristics of intermediate sulfidation epithermal systems.
#Mexico #Mining #Exploration #Drilling #Gold #Silver #Copper #Lead #Zinc
