zinc

The Mining and Exploration News in Mexico; Highlights on the First Week of August 2026

/ Gambusino Prospector / Leave a comment

By Jorge Cirett

During the 32nd week of the year (August 3rd to August 9th, 2026), 27 companies working in Mexico posted press releases. Three companies presented activities on early-stage work properties. Five companies presented quarterly reports, one began underground mining development, and one more obtained a substantial drilling permit. Six companies announced financings or share related events. One company presented a PEA, two more companies presented drilling results and one more reported exploration activities, all on advanced properties. Five companies presented news on deals and corporate issues. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, In Sonora, Tocvan Ventures presented drilling results from Gran Pilar; Defiance Silver received the drilling permit for El Espíritu. In Durango, Pinnacle Silver and Gold reported underground sampling results. ON MINING, Elemental Royalty, Equinox Gold, Gold Royalty, Coeur Mining, Heliostar Metals, Torex Gold informed on quarterly reports. Silverco Mining began underground development at Cusi, in Chihuahua. Guanajuato Silver Company received the drilling permit for El Horcón, in Guanajuato. ON FINANCING. Teck announced the commencement of consent solicitation. Chesapeake Gold announced stock option grant. Aura Mining and Equinox Gold informed on dividends. Endeavour Silver announced a revolving credit facility. Santacruz Silver Mining announced equity incentive grants. ON RESOURCES AND DEVELOPMENT, Kootenay Silver filed a PEA on La Cigarra, Chihuahua. Silver Storm Mining reported results from drilling at La Parrilla, in Durango. Luca mining released drilling results from its Campo Morado mine in Guerrero. Oroco Resource informed on exploration work at Santo Tomás, in Sinaloa. ON DEALS AND CORPORATE ISSUES, Vizsla Silver announced an appointment. Empress Royalty acquired a royalty portfolio. Almadex Minerals completed the sale of a royalty interest. Silver Hammer is acquiring Stroud Resources and Silvermark Resources. Dyna Resource announced a favorable ruling.  ON SOCIAL RESPONSIBILITY, no relevant news.

ON MEXICO ISSUES

  • No Relevant News

ON EXPLORATION

  • Pinnacle Reopens Additional Historic Mine Workings at El Potrero and Samples up to 26.1 g/t Au and 511 g/t Ag: Pinnacle Silver and Gold   (El Potrero, Durango)
  • Defiance Silver Receives Approval for up to 172 Drill Sites at Espiritu Copper Target, Sonora: Defiance Silver (Espíritu, Sonora)
  • Tocvan Drills Significant Discovery on Mezquite Trend Gran Pilar 215M of 0.6 g/t Au, from 36.6 mDownhole: Tocvan Ventures (Gran Pilar, Sonora)

ON MINING

  • Silverco Mining Begins Underground Development at Cusi, Restart Remains on Budget and on Schedule: Silverco Mining  (Cusi, Chihuahua)
  • Guanajuato Silver Receives Drilling Permits for El Horcon Project: Guanajuato Silver Company (El Horcón, Guanajuato)
  • Elemental Royalty to Release Q2 2026 Results on August 11, 2026: Elemental Royalty (royalty on Mercedes, Sonora)
  • Equinox Gold Delivers Strong Second Quarter Results; Increases 2026 Production Guidance Following Successful Completion of the Orla Mining Merger; Quarterly Dividend Increased by 50%: Equinox Gold (Los Filos, Guerrero)
  • Gold Royalty Reports Record Six-Month Results with Continued Strong Cash Flow and Earnings Growth: Gold Royalty (Cozamin, Zacatecas)
  • Coeur Reports Second Quarter 2026 Results: Coeur Mining (Palmarejo, Chihuahua)
  • Heliostar Presents Q2 2026 Financial and Operating Results with Record Gold Production and Cash Balance: Heliostar Mining (Ana Paula, Guerrero)
  • Torex Gold Reports Q2 2026 Results: Torex Gold (Morelos Complex, Guerrero)

ON FINANCING

  • Teck Announces Commencement of Consent Solicitation: Teck Resources  (San Nicolás, Zacatecas)
  • Chesapeake Gold Announces Stock Option Grant: Chesapeake Gold (Metates, Durango)
  • Aura Declares Dividend of US$0.72 Per Share and US$0.24 Per BDR Based on Q2 2026 Results, Resulting in a Dividend Yield of 4.3% in the LTM: Aura Mining (Aranzazu, Zacatecas)
  • Equinox Gold Increases Cash Dividend by 50%; Declares Quarterly Cash Dividend of US$0.0225 per Common Share: Equinox Gold (Los Filos, Guerrero)
  • Endeavour Silver Announces US$25 Million Revolving Term Credit Facility: Endeavour Silver  (Terronera, Jalisco)
  • Santacruz Silver Announces Equity Incentive Grants: Santacruz Silver Mining (Zimapán, Hidalgo)

ON RESOURCES AND DEVELOPMENT

  • Oroco Reports Select Surface Sample of 7.57% Copper and Completion of Drone Magnetic Survey at Vainilla: Oroco Resource (Santo Tomás, Sinaloa)
  • Luca Intersects 184 Metres of 1.2 g/t Gold, 72 g/t Silver, 0.4% Copper, 0.5% Lead, and 1.7% Zinc at the Largo Norte Zone, Campo Morado: Luca Mining (Campo Morado, Guerrero)
  • Silver Storm Drills 215 g/t Ag.Eq(1,2) over 11.9 m and 200 g/t Ag.Eq over 15.4 m at the Rosarios Zone: Silver Storm Mining (La Parrilla, Durango)
  • Kootenay Silver Files NI 43-101 Technical Report Supporting Positive PEA for the La Cigarra Silver Project: Kootenay Silver (La Cigarra, Chihuahua)  

ON DEALS AND CORPORATE ISSUES

  • Vizsla Silver Appoints Luis Lázaro as President, México: Vizsla Silver (Panuco, Sinaloa)
  • Almadex Announces Completion of Sale of Royalty Interests: Almadex Minerals (Ixtaca, Puebla)
  • Empress Announces Closing of Acquisition of North American Royalty Portfolio: Empress Royalty (Tahuehueto, Durango)
  • Silver Hammer Announces Acquisitions of Stroud Resources and Silvermark Resources and Brokered Financing, Eric Sprott to Become Cornerstone Shareholder: Silver Hammer (Santo Domingo, Jalisco)
  • Dyna Resource Announces Favorable Ruling in Amparo Proceedings: Dyna Resource (San José de Gracia, Sinaloa)

ON SOCIAL RESPONSIBILITY

  • No Relevant News

On the image below: Complex Quartz/Oxidized-sulfide epithermal vein. Picture by Jorge Cirett

Mexico’s Best Drilling Intercepts, First Week of August 2026

/ Gambusino Prospector / Leave a comment

The table below displays drilling results released during the week from three projects in Mexico.

Luca Mining announced underground drill results from its Campo Morado mine in Mexico. “The results continue to expand high-grade mineralization in multiple unmined zones located adjacent to existing underground infrastructure, highlighting the potential to grow near-mine resources and extend mine life”. Campo Morado is a volcanogenic massive sulfide (VMS) deposit.

Silver Storm Mining released results from its drilling program at its La Parrilla mine in Durango. The supplied intervals are from the Rosario zone, which is “characterized by a sulphide-bearing quartz-carbonate vein hosted within a fault zone striking west-northwest and dipping 64 degrees to the northeast over a known strike length of approximately 2 km. The mineralization at Rosarios extends vertically for 900 m, and its true width varies by up to 14 m. The Rosarios vein is located roughly at the northern contact of sediments and granodiorite stock. Stockwork zones are developed either in the footwall or hanging wall of the Rosarios vein, while vein splays and sulphide replacement zones are typically developed in the hanging wall”. Mineralization at the property presents skarn, carbonate replacement and intermediate sulfidation characteristics.

Tocvan Ventures released last week intervals from its reverse circulation (RC) drilling campaign at its Gran Pilar project in Sonora. The company’s announcement included one of the best intercepts so far in the project, with 215 m of almost 0.6 gpt Au in a location less than 2 km from the planned pilot plant facility. Based on characteristics announced in their press releases, mineralization at the site is of intermediate sulfidation epithermal character and probably distal to a porphyry copper system.

 #Mexico #Mining #Exploration #Drilling #Gold #Silver #Copper #Lead #Zinc

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

/ gambusinoprospectormexico / Leave a comment

Cervantite (Antimony Tetroxide)

By Miguel A Heredia

During the 31st week of the year (July 27 to August 2, 2026), at least 30 press releases were issued by companies operating in Mexico and 1 news published by the media. Of these, ten reported production results, nine related to deals and corporate matters, four announcing financing activities, three covered resource and development updates, three presented exploration results and two addressed Mexican-related issues. ON MEXICO ISSUES, Vulcan losses multi-million dollar claim against Mexico over Calica mine in Playa del Carmen, Quintana Roo. Mercado Minerals, Tocvan and Pacific Silver reported the best drilling intercepts in Mexico on the fifth week of July, 2026. ON EXPLORATION, In Chihuahua, Radius provided an update on its Amalia project. In Sinaloa, Mercado Minerals reported drill results from el Pilar Vein at its Copalito project. In Durango, Pacifica identified new high grade Aguilareña mineralized shoot at Claudia project, and provided an exploration update.  ON MINING, Starcore, reported Year End 2026 results. Silver Storm announced first concentrate shipment from its La Parrilla mine, Durango. Santacruz, Endeavour, First Majestic, Golden Minerals, Agnico Eagle, Alamos Gold, and J2 Metals reported Q2, 2026 production and/or financial results. Mining Americas announced that it will release its financial and operating results for the three and six months ended June 30, 2026 on August 17, 2026. ON FINANCING, Zacatecas Silver closed first tranche of a non-brokered private placement for gross proceeds of CAD $1,475,194.07. Altius closed transaction increasing ownership interest in Great Bay Renewables and announced increased credit facility. Centenario Gold announced the cancellation of an aggregate of 1,720,000 stock options. Discovery Mining increased and extended to USD $400M from USD $250M, a revolving credit facility. ON RESOURCES AND DEVELOPMENT, Axo secured major environmental permit approval for its San Antonio Gold project in Sonora and cleared path for production. Mithril reported its June 2026 quarterly activities for its Copalquin and La Dura projects in Durango. Barksdale released results from the core re-sampling program at its San Javier project in Sonora, and completed the final payment to Tusk to own 100% of the property. ON DEALS AND CORPORATE ISSUES, Goldgroup appointed Javier Reyes as Interim Chief Executive Officer effective immediately, and announced the transition of Allen Palmiere form his role as President and Chief Executive Officer and expect he remains in an advisory capacity to support an orderly leadership transition. Minaurum informed the engagement of Paula Montoya to significantly advance the geological understanding of its flagship Alamo Silver project in Sonora. Orogen Royalties announced updates for its partner funded exploration stage projects and royalties for the first half of 2026 and forecast for the remainder of the year. Tocvan appointed Brodie Sutherland, as Executive Chair, Christopher Gordon as Chief Executive Officer and Rodrigo Calles as President.  Orla receives court approval for business combination with Equinox Gold. Equinox and Orla complete business combination, creating North America´s New Senior Gold Producer. Teck and Anglo announced future Anglo Teck Executive Leadership Team. Royalties Inc announced that Chris Lloyd will present Bilbao project at the Discoveries Conference in Hermosillo, Sonora. ON SOCIAL RESPONSIBILITY, no relevant news.

ON MEXICO ISSUES

ON EXPLORATION  

  • Radius Gold Provides Portfolio Update on High-Grade Amalia and Holly Gold-Silver Projects and Announces Financing: Radius Gold Inc
  • Pacifica Silver Identifies New High-Grade Aguilareña Mineralized Shoot at Claudia Project;  Provides Exploration Update: Pacifica Silver Corp
  • Mercado Minerals Intersects 0.80 Metres of 675 g/t Silver Equivalent within 3.40 Metres of 403 g/t Silver Equivalent at El Pilar Vein Copalito Project: Mercado Minerals Ltd

ON MINING

ON FINANCING

  • Zacatecas Silver Closes the First Tranche of Non-Brokered Private Placement: Zacatecas Silver Corp
  • Altius Minerals Corporation Closes Transaction Increasing Ownership Interest in Great Bay Renewables and Announces Increased Credit Facility: Altius Minerals Corporation
  • Centenario Gold Corp, Announces Cancellation of Stock Options: Centenario Gold Corp
  • Discovery Announces Increase and Extension of Revolving Credit Facility: Discovery Mining Ltd

ON RESOURCES AND DEVELOPMENT

  • Axo Metals Secures Major Environmental Permit Approval; Clear Path for Production at the San Antonio Gold Project: Axo Metals Corp
  • Mithril Silver and Gold June 2026 Quarterly Report; Upgraded T1 MRE and District Expansion Drill Program: Mithril Silver and Gold Limited
  • Royalties Inc. Presenting Bilbao Project at the Discoveries Conference in Hermosillo, Sonora, Mexico: Royalties Inc
  • Barksdale Resources Reports 9 Metres 3.464g/t Au in SJ07-64 and 12 Metres of 1.084 g/t Au from Resampling Program, Completes Payments to Tusk to Own 100% of San Javier Project: Barksdale Resources Corp

ON DEALS AND CORPORATE ISSUES

  • Goldgroup Announces Leadership Transition as Company Advances Next Phase of Growth: Goldgroup Mining Inc
  • Minaurum Engages Dr. Paula Montoya and Launches Down-Hole Imagery Program to Enhance Geological Modeling of the Alamos Silver Project: Minaurum Silver Inc
  • Orogen Royalties Announces Project, Partner and Royalty Update: Orogen Royalties Inc
  • Tocvan Announces Strategic Management Restructuring to Align Leadership with Growth and Production Objectives: Tocvan Ventures Corp
  • Orla Receives Court Approval for Business Combination with Equinox Gold: Orla Mining Ltd
  • Equinox Gold and Orla Mining Complete Business Combination, Creating North America’s New Senior Gold Producer: Equinox Gold Corp and Orla Mining Ltd
  • Teck and Anglo American announce future Anglo Teck Executive Leadership Team: Teck Resources Limited

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, Cervantite in a low-sulphidation epithermal vein system in a project at Durango, Mexico. Photo taken by Miguel A Heredia.