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The Mining and Exploration News in Mexico: Highlights on the Third Week of July, 2026

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Ptygmatic Folds

By Miguel A Heredia

During the 29th week of the year (July 13 to July 19, 2026), at least 26 press releases were issued by companies operating in Mexico and 1 news published by the media. Of these, eight related to deals and corporate matters, six covered resource and development updates, five announcing financing activities, four reported production results, two presented exploration results and two addressed Mexican-related issues. ON MEXICO ISSUES, Torex Gold, Advance Metals, and Minaurum Silver reported the best drilling intercepts in Mexico on the third week of July, 2027. El acceso de los países al litio, el cobre, el grafito, el níquel, cobalto y las tierras raras definen su posición y supervivencia en un mundo en franca transformación, en donde las tierras raras son un grupo de 17 elementos químicos con propiedades magnéticas y electrónicas únicas para fabricar tecnologías de alto rendimiento, constituyendo piezas centrales de la economía y la seguridad internacional. ON EXPLORATION, In Chihuahua, Centenario Gold received assay results from its surface and underground mapping collected at Los Reyes project.  In Queretaro, US Antimony hired an AI company who are specialists in the hard rock mining space to work on Los Juarez Silver Mine.  ON MINING, Discovery announced that it will release Q2, 2026 results on August 13, 2026. Gold Royalty informed that it will release Q2, 2026 results on August 5, 2026. Mining Americas reported Q2, 2026 results. Altius provided and update of its project generation business activities and its junior equities portfolio. ON FINANCING, Pinnacle arranged a non-brokered private placement for gross proceeds of up to USD $2.2M. Riverside completed an initial founder financing for Ravena Resources in advance of proposed TSX Venture Spinout. Altius Minerals announced a bought deal public offering for gross proceeds of CAD $181.5M. Mexican Gold closed its previously announced non-brokered private placement for gross proceeds of CAD $2,299,000, and will change its name to Platauro Metals Corp-, effective on or about July 20, 2026. Zacatecas Silver announced a non-brokered private placement for gross proceeds of up to CAD $2.5M to advance Oso Negro drill program in Sonora. ON RESOURCES AND DEVELOPMENT, Silverco Begins Exploration Drilling at La Negra Project in Queretaro. Torex reported results from the drilling and exploration programs at ELG underground and the Media Luna Cluster in Guerrero. Minaurum engaged SGS Metallurgy and Consulting Geological Services to update the Mineral Resource Estimate on its Alamos Silver project in Sonora. Sierra Madre received drill permits from SEMARNAT to commence drilling at the East district of the Guitarra mine in State of Mexico. Silver Storm commenced hot commissioning of the sulphide circuit at La Parrilla mine in Durango. Tocvan announced a development plan for pilot mine operations at its Gran Pilar project in Sonora. Advance Metals reported drill results from its Gavilanes project in Durango. ON DEALS AND CORPORATE ISSUES, Silver Storm amended the Samsung prepayment agreement and secured CAD $5M Loan from First Majestic. Vizsla Royalties received shareholders and court approval for plan of arrangement with Elemental Royalty. Southern Silver engaged the services of ICP Securities to provide automated market making services. Goldgroup and Gold Resource are expected to commence trading under the ticker symbol “GORO” on the NYSE American LLC after the closing of the merger. Apollo Silver announced the resignation of Ross McElroy as President and CEO, and resigned from the Board of Directors: Colin P Sutherland will assume the role of President and CEO, effective July 15, 2026. Gold Resource received notification from the FTSE Russell that following the company´s previously announced merger with Goldgroup, the combined company will not eligible for inclusion in the Russell 2000. EV Resources informed that its securities were put on immediate trading halt. Goldgroup and Gold Resource announce closing of its business combination.   ON SOCIAL RESPONSIBILITY, no relevant news.

ON MEXICO ISSUE

ON EXPLORATION  

  • Results From The Surface and Underground Sampling Program Confirm the Existence of a Significant Copper, Moly, Gold Skarn System at Los Reyes: Centenario Gold Corp
  • United States Antimony Announces Utilization of AI Technology into Certain Mining Projects: US Antimony Corporation

ON MINING

  • Discovery Announces Details of Second Quarter 2026 Results Conference Call and  Webcast: Discovery Mining Ltd
  • Gold Royalty to Release Second Quarter 2026 Results on August 5, 2026 and Announces Acquisition of Additional Royalties: Gold Royalty Corp
  • Mining Americas Inc. Reports Second Quarter 2026 Gold Production: Mining Americas Inc
  • Altius Provides 2nd Quarter 2026 Project Generation Update: Altius Minerals Corporation

ON FINANCING

  • Pinnacle Arranges Non-Brokered Private Placement: Pinnacle Silver and Gold Corp
  • Riverside Resources Completes First Financing for Ravena Resources Corp in Advance of Proposed TSX Venture Spinout: Riverside Resources Inc
  • Altius Minerals Corporation Announces C$181.5 Million “Bought Deal” Public Offering of Common Shares:  Altius Minerals Corporation
  • Mexican Gold Mining Corp to Effect Share Consolidation and Name Change and Announces Closing of $2,299,000 Subscription Receipt Financing: Mexican Gold Mining Corp
  • Zacatecas Silver Announces Non-Brokered Private Placement of up to $2,500,000 to Advance Oso Negro Drill Program: Zacatecas Silver Corp

ON RESOURCES AND DEVELOPMENT

ON DEALS AND CORPORATE ISSUES

  • Silver Storm Commences Hot Commissioning of the La Parrilla Sulphide Circuit, Amends the Samsung Prepayment Agreement, and Secures US $5Million Loan from First Majestic: Silver Storm Mining Ltd
  • Vizsla Royalties Receives Shareholder and Court Approval for Plan of Arrangement with Elemental Royalty: Vizsla Royalties Corp
  • Southern Silver Engages ICP Securities for Automated Market Making Services: Southern Silver Exploration Corp
  • Goldgroup Mining and Gold Resource Corporation Announce Expected Ticker Symbol of Combined Company: Goldgroup Mining Inc
  • Apollo Silver Announces CEO Transition; Colin Sutherland Appointed President and CEO: Apollo Silver Corp
  • After Expected Business Combination of Gold Resource and Goldgroup Mining, Combined Company Will Be Ineligible for Russell 2000 Comprehensive Factor Index Due to National Eligibility Requirements: Gold Resource Corporation
  • EV Resources Ltd (ASX: EVR) – Trading Halt: EV Resources Limited
  • Goldgroup Mining and Gold Resource Corporation Announce Closing of Business Combination and Goldgroup´s Anticipated Listing on the NYSE American: Goldgroup Mining Inc – Gold Resource Corporation

ON SOCIAL RESPONSIBILITY

  • No relevant news.

Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.

On the picture below, ptygmatic folds in an orogenic gold system in a project in Michoacan, Mexico. Photo taken by Miguel A Heredia.