Mexico

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

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Four companies company released results from drilling projects in Mexico during the week.

Heliostar Metals presented results from resource infill drilling at the High Grade Panel and down-dip exploration drilling at the Expansion Zone on its Ana Paula project in Guerrero. “A total of 122 holes and 35,121 metres have been completed at the deposit….” as part of the program to support the upcoming feasibility study (FS) and to explore down-plunge mineralization below the scope of the PEA mine plan. The company geologists interpret the mineralization at Ana Paula to represent a shallower part of a system where the main potential is associated to the contact skarn alteration of a deeper intrusive body, as in the multi-million ounces deposits at the Morelos Complex and Los Filos within the Guerrero Gold Belt. In that light the favorable intercepts below the Expansion Zone represent a good omen for a deeper concealed target.

Capitan Silver reported results from 22 diamond holes part of the 60,000 m drill program at its Cruz de Plata project in Durango. The company suggests a newly discovered event of silver-rich carbonate replacement mineralization is overprinting the intermediate sulfidation epithermal mineralization of the Jesús María Trend. Additionally, Capitan Silver identifies the adjacent Capitan Hill low sulfidation mineralization as a distal oxide gold deposit.

Axo Metals announced drilling results from its San Antonio project in Sonora. The company reported results from 33 holes, approximately 3,700 m of drilling, from the Luz del Cobre target, the Gap Zone between Luz del Cobre and the Sapuchi resource and testing on the Sapuchi deposit periphery. The San Antonio project is part of a large iron oxide copper gold system (IOCG) with a complex pre and post mineralization structural history that first focus and then displaces separate gold, copper and silver occurrences in a district more than 100 square km in size.

Minaurum Silver reported drilling results from the (Africa (new discovery), Europa Sur, Quintera, Promontorio Sur and San José veins at its Alamos Silver project in Sonora. The expansion drill program is focused on growing the current 55 M Oz AgEq inferred resource on this intermediate sulfidation epithermal system.

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

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

Mexico’s Best Lead and Zinc Drilling Intercepts, Third Quarter 2026

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Nineteen companies released lead and/or zinc results from drilling programs in Mexico during the third quarter of 2026. Sothern Silver Exploration’s Cerro Las Minitas advanced project in Durango produced the best lead results from carbonate replacement mineralization, with 35 m grading 4.9% Pb, whereas Luca Mining´s Campo Morado volcanogenic massive sulfides mine sourced the best zinc intercept with 183.7 m grading 1.7% Zn. In 2025 Mexico produced 412,000 tonnes of zinc and 172,000 tonnes of lead, a two to one ratio that can be gleaned from the percentage-meter numbers from the table below.

Twelve of the nineteen properties present intermediate sulfidation epithermal mineralization, including Don David, Las Coloradas, Tahuehueto, Copalito, San Marcial, San Acacio, Gavilanes, Cruz de Plata, Columba, Alamos Silver, Cusi and Zacatecas Silver. Copalquín presents mainly low sulfidation epithermal mineralization, but the zinc rich intercept is of a more restricted intermediate sulfidation mineralization. Cosalá, La Parrilla and La Unión present mainly carbonate replacement mineralization (CRD style). Finally, Adelita is a skarn distal to a porphyry copper system.