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)
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)
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
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.
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
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
During the 30th week of the year (July 20th to July 26th, 2026), 22 companies working in Mexico posted press releases. Two companies presented activities on early-stage work. Six companies presented quarterly reports. One company closed a bought deal financing, another one began trading on the Canadian Securities Exchange, and a further one announced a dividend. Four companies presented drilling results from advanced properties. Two companies completed their merger, another company acquired two other companies, shareholders of two companies approved their merger, one more presented AGM results and a further one announced its expansion plans. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, In Sonora, Tocvan Ventures presented drilling results from Gran Pilar. In Chihuahua, Kingsmen Resources delivered results from drilling at Las Coloradas. ON MINING, Luca Mining, Altius Minerals, Avino Silver & Gold Mines, Americas Gold and Silver, Teck Resources and Newmont presented quarterly releases. ON FINANCING. Altius Minerals closed a C$181.5 M bought deal public offering. Centenario Gold commenced trading on the Canadian Securities Exchange. Teck Resources announced a dividend. ON RESOURCES AND DEVELOPMENT, Coeur Mining provided an exploration update for Palmarejo, in Chihuahua, and Las Chispas, in Sonora. Silver Storm presented results from drilling at La Parrilla, in Durango. Silver Viper released results from drilling the El Rubí zone at La Virginia, in Sonora. Defiance Silver posted drilling assays from the San Acacio deposit, at its Zacatecas Silver project in Zacatecas. ON DEALS AND CORPORATE ISSUES, Mexican Gold Mining and Alcon Silver completed the arrangement to create Platuro Metals. Canasil Resources announced results from its AGM. Orla Mining and Equinox Gold shareholders approved their merger. Goldgroup Mining presented its growth strategy. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
No Relevant News
ON EXPLORATION
Kingsmen Extends High-Grade Soledad System at Depth, with a 1.4m intercept of 641 g/t silver equivalent, confirming continuity over 135 meters of vertical depth at its Las Coloradas silver project, Chihuahua, Mexico: Kingsmen Resources (Las Coloradas, Chihuahua)
Tocvan Discovers New High Grade at Surface Silver-Gold Zone 900 m East of Pilot Plant Facility at Gran Pilar Project: Tocvan Ventures (Gran Pilar, Sonora)
Altius Reports Q2 2026 Expected Record Attributable Revenue: Altius Minerals (royalty on Cuale, Jalisco)
Avino Announces Q2 2026 Production Results Avino Silver & Gold Mines (Avino and La Preciosa, Durango)
Americas Gold and Silver Corporation Announces Second Quarter Production: Americas Gold and Silver (Cosalá, Sinaloa)
Teck Reports Unaudited Second Quarter Results for 2026: Teck Resources (San Nicolás, Zacatecas)
Newmont Reports Robust Second Quarter 2026 Results; Remains on Track to Achieve Full Year Guidance: Newmont (Peñasquito, Zacateca)
ON FINANCING
Altius Minerals Corporation Closes C$181.5 Million “Bought Deal” Public Offering of Common Shares: Altius Minerals (royalty on Cuale, Jalisco)
Centenario Gold Corp. to commence Trading on the Canadian Securities Exchange: Centenario Gold (Los Reyes, Chihuahua)
Teck Announces Dividend: Teck Resources (San Nicolás, Zacatecas)
ON RESOURCES AND DEVELOPMENT
Coeur Provides Exploration Update for Palmarejo and Las Chispas: Coeur Mining (Palmarejo, Chihuahua; Las Chispas, Sonora)
Silver Storm Drills 661 g/t Ag.Eq(1,2) Over 3.7 m and 328 g/t Ag.Eq Over 15.4 m at San Marcos Silver Storm Mining (La Parrilla, Durango)
Silver Viper Receives Additional Infill Drilling Results from the Program at The El Rubi Zone, La Virginia Project in Sonora, Mexico: Silver Viper (La Virginia, Sonora)
Defiance Silver Drilling Returns up to 1,470 g/t Ag from San Acacio Diamond Drill Program: Defiance Silver (Zacatecas Silver, Zacatecas)
ON DEALS AND CORPORATE ISSUES
Mexican Gold Mining Corp. and Alcon Silver Corp. Complete Arrangement to Create Platuro Metals Corp., a Diversified Precious Metals Exploration Company: Mexican Gold Mining (Las Minas, Veracruz)
Silver Hammer Announces Acquisitions of Stroud Resources and Silver Mark Resources and Brokered Financing, Eric Sprott to Become Cornerstone Shareholder Silver Hammer-Stroud Resources-Silver Mark Resources (San Diego, Jalisco)
Canasil Resources Inc. Announces Results of Annual General and Special Meeting: Canasil Resources (La Esperanza, Durango-Zacatecas)
Orla Shareholders Overwhelmingly Approve Business Combination with Equinox Gold: Orla Mining (Camino Rojo, Zacatecas)
Equinox Gold Shareholders Approve Business Combination with Orla Mining: Equinox Gold (Los Filos, Guerrero)
Goldgroup Accelerates Growth Strategy Following Transformational Merger; Company Announces Multi-Asset Drill Programs, Mine Development and Expansion Plans: Goldgroup Mining (San Francisco, Sonora)
ON SOCIAL RESPONSIBILITY
No Relevant News
On the image below: Strong chlorite alteration and quartz veining in volcanosedimentary rocks, HQ core. Picture by Jorge Cirett
During the 24th week of the year (June 8th to June 14th, 2026), 26 companies working in Mexico posted press releases. Three companies informed about early-stage property work and one company poured its first doré. Two companies joined an additional Index, one company announced a normal course issuer bid, one more announced a dividend, and another the closing of a private placement. One company secured construction permits for an underground mine, one more announced the arrival of another drilling rig, two companies released drill results on their advanced projects, and another one announced a fatality on an advanced project. Nine companies presented deals and corporate issues. ON MEXICO ISSUES, LitioMx was obliged to present information on its budget and exploration activities after the institution had reject to do so on grounds of National Security (the preferred method applied by the actual and past federal administrations to evade the obligation to disclose information). The US$0.81 M annual budget was 97% applied on salaries for 17 employees, and no budget was allocated to any specific project. EXPLORATION, in Sonora, Questcorp Mining and Riverside Resources are to commence a phase 2 drilling campaign at La Unión. In Oaxaca, EV Resources informed on geophysical targeting at Los Lirios. ON MINING,Silver Storm Mining conducted the first doré production at La Parrilla. ON FINANCING. Altius Minerals is to join the S&P/TSX Composite Index, and Coeur Mining the S&P MidCap 400 Index. Elemental Royalty announced an issuer bid. Salifish Royalty declared a dividend. Sonoro Gold closed an oversubscribed private placement. ON RESOURCES AND DEVELOPMENT, GoGold Resources obtained the final permits for construction of the Los Ricos South underground mine. Capitan Silver announced the arrival of an additional rig at its Cruz de Plata project. Mithril Silver and Gold released drilling results from its Copalquín project. Kootenay Silver announced a fatality at its Columba project. Pacifica Silver reported drilling results from its Claudia project. ON DEALS AND CORPORATE ISSUES, Avino Silver & Gold Mines announced key appointments. Heliostar Metals and Zacatecas Silver announced the closing of the definitive option agreement on non-core Heliostar properties. Silver Spruce Resources announced management changes and the grant of options. Americas Gold and Silver closed on an agreement to settle silver and gold delivery obligations. Luca Mining provided an operations and corporate update. First Majestic reported on its AGM. Galore Resources provided an update on the Dos Santos project. Capitan Silver informed on its AGM results. ON SOCIAL RESPONSIBILITY, Santacruz Silver published its 2025 sustainability report for its Mexican operations (Zimapán, Hidalgo).
ON MEXICO ISSUES
LitioMx was forced to provide information on exploration, budget and activities. Most (97%) of the 0.81 M annual budget was applied on salaries, while no budget was allocated to any specific project: News on Mexico
ON EXPLORATION
Questcorp Commences Fully Funded Phase 2 Drill Campaign at La Union Targeting Gold-Silver Carbonate Replacement District Potential: Questcorp Mining (La Unión, Sonora)
Riverside Resources and Questcorp Announce Commencement of Phase 2 Drilling at Union Project, Sonora, Mexico Riverside Resources (La Unión, Sonora)
EV Resources: Geophysics Reveals New Targets and Increased Scale Potential at Lirios 1 EV Resources (Los Lirios, Oaxaca)
ON MINING
Silver Storm Conducts First Pour of Silver-Gold doré at La Parrilla: Silver Storm Mining (La Parrilla, Durango)
ON FINANCING
Altius Minerals Corporation to Join the S&P/TSX Composite Index: Altius Minerals (royalty on Cuale, Jalisco)
Sonoro Gold Announces Closing of Oversubscribed $15.5 M Private Placement: Sonoro Gold (Cerro Caliche, Sonora)
ON RESOURCES AND DEVELOPMENT
GoGold Achieves Major Milestone: Final Remaining Permits Secured and Construction Approved for Los Ricos South Underground Mine: GoGold Resources (Los Ricos South, Jalisco)
Capitan Silver Announces Arrival of 4th Drill Rig at the Cruz De Plata Project Capitan Silver (Cruz de Plata, Durango)
Mithril Drills 4.01 g/t Gold, 225 g/t Silver Over 7.25 M Including 15.25 g/t Gold, 533 g/t Silver Over 0.5 m at Target 1, Copalquin Mithril Silver and Gold (Copalquín, Durango)
Pacifica Silver Reports Strong Gold-Silver Intercepts at Claudia Project and Extends Justina Vein to 600 Metres in Strike Length: Pacifica Silver (Claudia, Durango)
ON DEALS AND CORPORATE ISSUES
Avino Announces Key Senior Executive Appointments: Avino Silver & Gold Mines (Avino and La Preciosa, Durango)
Heliostar Announces Closing of Option Agreement with Zacatecas Silver for Non-Core Properties Heliostar Metals (Ana Paula, Guerrero)
Zacatecas Silver Enters into Definitive Option Agreement to Acquire MultiAsset Exploration Portfolio from Heliostar Metals Zacatecas Silver (Esperanza, Morelos)
Silver Spruce Resources, Inc. Announces Management Changes and Option Grants Silver Spruce Resources (Pino de Plata, Chihuahua)
Americas Gold and Silver Closes Previously announced Agreements to Settle Silver and Gold Delivery Obligations Americas Gold and Silver (Cosalá, Sinaloa)
During the 22nd week of the year (May 25th to May 31st, 2026), companies working in Mexico released 21 press releases. One company informed on early-stage property work while six companies presented quarterly reports. One company closed a credit facility, one other secured a working capital facility with the Mexican government, two companies increased their financing rounds, another company declared a dividend, while one more granted stock options. Two companies released drill results on their advanced projects. Two companies announced results of their AGM’s, one changed auditor, another one settled on gold delivery obligations and one other is to report semi-annually. ON MEXICO ISSUES, some paperwork for the mining industry has been simplified. EXPLORATION, in Querétaro, Starcore International Mines reached a community agreement at La Tortilla. ON MINING,Orogen Royalty, Guanajuato Silver Company, Empress Royalty, Minera Alamos, Sailfish Royalty and Silverco Mining reported quarterly results. ON FINANCING. Minera Alamos closed a US$75 M revolving credit facility and granted stock options. Vizsla Silver secured a working capital agreement with the government for the Pánuco project in Sinaloa. Southern Empire Resources and Sonoro Gold increased their private placements to C$1.75 M and C$15 M respectively, Alamos Gold declared a quarterly dividend, Sonoro Gold. ON RESOURCES AND DEVELOPMENT, Axo Metals released drilling results from the San Antonio project in Sonora. Minaurum Silver presented results from expansion drilling at the Alamos Silver project in Sonora. ON DEALS AND CORPORATE ISSUES, Americas Gold and Silver settled an agreement on a fixed gold delivery obligation. Sonoro Gold changed auditor. Alamos Gold and Elemental Royalty announced results from their respective AGM’s. Silver Viper adopted semi-annual reporting ON SOCIAL RESPONSIBILITY, Torex Gold released its “2025 Responsible Gold Mining Report” (Morelos Complex, Guerrero). Pan American Silver released its “2025 Sutainability Report” (La Colorada, Zacatecas).
ON MEXICO ISSUES
Elimina Federación un trámite y simplifica 42 para inversiones mineras: News on Mexico
ON EXPLORATION
Starcore Reaches Communities Agreement for La Tortilla Project: Starcore International Mines (San Martín, Querétaro)
ON MINING
Orogen Reports Strong Q1 2026 Results with 144% Growth in Net Income: Orogen Royalties (Ermitaño, Sonora)
Guanajuato Silver Delivers Record Revenue and Record Net Income in Q1, 2026: Guanajuato Silver Company (El Cubo, Guanajuato)
Minera Alamos Reports First Quarter 2026 Results, Setting Quarterly Records for Revenue of US$39.2 Million, Earnings of US$10.9 Million, and EBITDA of US$15.3 Million: Minera Alamos (Cerro de Oro, Zacatecas)
Silverco Mining Announces Filing of Q1 2026 Interim Financial Statements and MD&A: Silverco Mining (La Negra, Querétaro)
ON FINANCING
Minera Alamos Closes US$75 Million Revolving Credit Facility with Scotiabank and National Bank, Strengthening Balance Sheet for Organic Growth Profile: Minera Alamos (Santana, Sonora)
Vizsla Silver Secures Working Capital Facility with Mexican Government Financial Institution for Panuco Vizsla Silver (Pánuco, Sinaloa)
Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases Under Normal Course Issuer Bid: Alamos Gold (Mulatos, Sonora)
Sonoro Gold Announces Increase in Private Placement to $15 Million Sonoro Gold (Cerro Caliche, Sonora)
Minera Alamos Announces Granting of Stock Options: Minera Alamos (Cerro de Oro, Zacatecas)
ON RESOURCES AND DEVELOPMENT
Axo Metals Intercepts 23.6 Metres of 2.13 g/t from Surface at the San Antonio Project: Axo Metals (San Antonio, Sonora)
Minaurum Drills High-Grade Silver on the Europa Sur Vein Zone at the Alamos Silver Project: 3.20 m of 882 g/t AgEq and 6.20 m of 374 g/t AgEq Minaurum Silver (Alamos Silver, Sonora)
ON DEALS AND CORPORATE ISSUES
Americas Gold and Silver Announces Agreement with Affiliate of Royal Gold to Settle Fixed Gold Delivery Obligation: Americas Gold and Silver (Cosalá, Sinaloa)
During the 8th week of the year (February 16th to February 22nd, 2026), companies working in Mexico released 54 press releases. Five companies informed on early-stage properties work, eleven presented quarterly and full-year reports, one company is working on an expansion project and one more release its guidance for 2026. Six companies updated on financing rounds, one company granted options, one company consolidated shares, three more declared dividends and eight were recognized as top companies. Nine companies presented updates on advanced properties, while five companies informed on deals and corporate issues. ON MEXICO ISSUES, The Mexican government is assessing to open oil and gas fracking, a previously no-go zone. Vizsla Silver continues operations in Sinaloa. ON EXPLORATION, in Chihuahua, Kingsmen Resources is to drill at Las Coloradas. In Sinaloa, Mercado Minerals informed on exploration and surveys at Copalito. In Durango, Canasil Resources is to drill at Vizcaíno; Silver Wolf Exploration is to drill the Ana María project. In Oaxaca, EV Resources informed on work at Los Lirios. ON MINING,Starcore International Mines, Alamos Gold, Torex Gold Resources, Equinox Gold, Pan American Silver, Coeur Mining, Discovery Silver, Royal Gold, Avino Silver and Gold Mines, Newmont and First Majestic Silver presented quarterly and full-year 2025 reports. Luca Mining is working on an expansion project for its Campo Morado mine in Guerrero. Capstone Copper released its 2026 guidance. ON FINANCING, six companies informed on financing rounds: Silver Tiger Metals (C$57.5 M), Regency Silver (C$4 M), Tocvan Ventures (C$10 M), Silverco Mining (C$62.5 M), Algo Grande Copper (C$7 M) and Orex Metals amended terms on a previously announced placement. Silver Wolf Exploration granted stock options. Infinitum Copper and Canuc Resources informed on share consolidation programs. Equinox Gold, Alamos Gold and Teck Resources informed on dividends. Eight companies made it to the 2025 TSX Venture Exchange Top 50, seven of which have the term silver on its name: Apollo Silver, Guanajuato Silver Company, Sierra Madre Gold and Silver, Capitan Silver, Silver Viper Metals, Santacruz Silver Mining, Southern Silver Exploration and Goldgroup Mining. ON RESOURCES AND DEVELOPMENT, GR Silver mobilized drill rigs to Plomosas, in Sinaloa. Sierra Madre Gold and Silver is expanding production at La Guitarra, Estado de México. Pacifica Silver released drill results from Claudia, in Durango. Luca Mining released interesting drill results from its Campo Morado mine in Guerrero. Alamos Gold reported 2025 its MRE for the Mulatos district in Sonora. Hecla Mining reported 2025 MRE for San Sebastián in Durango. Defiance Silver updated on drilling results at its Zacatecas project. Newmont reported mineral reserves and resources for Peñasquito, in Zacatecas. Orla Mining released a PEA for Camino Rojo underground in Zacatecas. ON DEALS AND CORPORATE ISSUES, EV Resources and Kootenay Silver entered into marketing services agreements. Discovery Silver and Hecla Mining announced appointments to the board. Bear Creek Mining shareholders voted for the arrangement with Highlander Silver. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
Mexico’s president Claudia Sheinbaum acknowledged that the federal government through Pemex (Petroleos Mexicanos) assesses the possibility of using fracking to recover gas and oil in Mexican soil.
Feliciano Castro, economy secretary in Sinaloa,informed Vizsla Silver is to continue operations in Sinaloa. This after the recent violence that affected its workers in the Concordia community.
ON EXPLORATION
Canasil Resources Inc. announced the drill permit application for the Vizcaino project in Durango is in progress. The program envisages 1,050 m of diamond drilling in six holes. A phase 2 program of 1,450 m in eight holes is to follow after the evaluation of results. “The outcrops show classic banded epithermal textures typical of the higher levels of epithermal vein systems”.
Kingsmen Resources Corp. informed the upcoming drill program at Las Coloradas in Chihuahua “will comprise step-out and deeper drilling around the high-grade silver mineralization intersected in the Soledad and Soledad II vein/structures. Drilling on the Soledad vein/structure has tested very specific targets and approximately 700 meters of the system remains to be drilled. With only one shallow hole drilled, the ~1.7 km-long Soledad II vein/structure offers excellent discovery potential”. Targets to be tested include Saddle, Silvia/La Plata and Almoloya.
Silver Wolf Exploration Ltd. announced that a drill contract has been signed, and a drill rig mobilized to the Ana María property in Durango. The company intends to commence a 3,000 m 13-hole drill program.
EV Resources Ltd. informed antimony ingots were produced on preliminary metallurgical testing at Los Lirios project in Oaxaca. “EVR utilised stockpiles of material from the Lirios 1 and Lirios 2 East open pits to conduct preliminary direct-to-smelter testing”.
Mercado Minerals Ltd. informed its technical team has been mapping, sampling and preparing an incoming 3,000 m drilling program at its Copalito project in Sinaloa. A drone based magnetic survey and a drone LiDAR survey have been completed, while soil sampling presents 25% advance. Geological mapping has identified three new areas with mineralization hundreds of meters from previously known targets.
ON MINING
Starcore International Mines Ltd. announced production results for its third fiscal quarter ended January 2026. At San Martín, in Querétaro, 52.6 K tonnes were processed grading 1.33 gpt Au, 18.3 gpt Ag, recovering 85.7% Au, 46.4% Ag, to produce 2,162 gpt AuEq. “… the exploration carried out over the past six months to extend the high-grade ore bodies in the northern part of the current operation was successful. We have begun mining these new highgrade extensions which are grading approximately 5 grams of gold and 80 grams of silver per ton”.
Alamos Gold Inc. presented its fourth quarter and year-end 2025 results, including figures from its Mexican operations. On a consolidated basis the company produced 545,040 Oz Au at a cash cost of $1,077 per Oz Au and an AISC of $1,524 per Oz Au in the year and 141,500 Oz Au in the quarter. At the Mulatos District, in Sonora, Alamos Gold produced 40,100 Oz Au in the quarter and 141,600 Oz Au in the year at cash cost $947 per Oz Au and an AISC of $1,018 per Oz Au.
Torex Gold Resources Inc. reported its financial and operational results for Q4 of 2025. At its Morelos property in Guerrero, the company produced 117,325 Oz AuEq in the quarter, at cash cost $1,499 per Oz AuEq and an AISC of $1,905 per Oz AuEq. For the year, production was 461,420 Oz AuEq at cash cost $1,376 per Oz AuEq and an AISC of $1,783 per Oz AuEq. “The Company plans to invest a record $77 million in exploration and drilling in 2026 including $43 million at Morelos. Drilling at Los Reyes remains suspended given the security environment within the State of Sinaloa…”.
Equinox Gold Corp. reported its financial and operational results for Q4 and full-year 2025, without disclosing figures from its Mexican operations. The company had a consolidated production of 856,908 Oz Au at cash cost $1,416 per Oz Au and an AISC of $1,809 per Oz Au. Operations at Los Filos, in Guerrero, were terminated on April 2025 because of the rejection of the community to grant land access.
Pan American Silver Corp. reported fourth quarter and year-end 2025 financial results, without disclosing figures by operation. The company produced 22.8 M Oz Ag, 742.2 K Oz Au, 3 K tonnes Cu, 27 K tonnes Pb, 55.9 K tonnes Zn, an AISC of $13.88 per Oz Ag. “The Company is now evaluating a potential phased approach to developing the La Colorada mine and Skarn project with the aim of maximizing the overall value of the deposit. A phased approach would allow the Company to focus on a higher grade, lower tonnage and less capital intensive initial stage with the option to be followed by a later expansion to target lower grade material”.
Coeur Mining Inc. reported fourth quarter and year-end 2025 financial results, including figures from its Mexican operations. The company produced 419,046 Oz Au, 18.2 M Oz Ag, at cash cost $1,347 per Oz Au, $17.69 per Oz Ag. At Las Chispas, in Sonora, the company milled 403 K tonnes during 2025, grading 4.4 gpt Ag, 409 gpt Ag, recovering 97.1% Au, 97.2% Ag, to produce 54,705 Oz Au, 5.1 M Oz Ag, at cash cost $1,649 per Oz Au, $19.11 per Oz Ag, generating US$285.8 M in free cash flow. At Palmarejo, in Chihuahua, 1.75 M tonnes were milled grading 1.9 gpt Au, 130 gpt Ag, recovering 94.2% Au, 88.7% Ag, to produce 100,768 Oz Au, 6.5 M Oz Ag, at cash cost $871 per Oz Au, $15.85 per Oz Ag, generating US$154.5 in free cash flow. At the end of the period Coeur had US$554 M in cash and total debt of US$341 M.
Discovery Silver Corp. announced financial and operating results for the fourth quarter and full-year 2025. The company produced 66,718 Oz Au during 2025 at cash cost $1,185 per Oz Au and at an AISC of $2,034 per Oz Au, out form Mexico. During Q4 2025 the company engaged a third-party assessment on the use of natural gas power sources at Cordero, in Chihuahua, completed a geotechnical assessment work on the planned upgrade of the local water treatment plant and is evaluating the potential to establish solar farms around the project site, while working with the various governmental bodies involved in issuing the permits for the project.
Royal Gold Inc. released results for Q4 and full year 2025, including figures from its Mexican operations. For 2025 the company had revenue of US$1,030. 5 M. Royalties in the year from Peñasquito in Zacatecas amounted to US$70.2 M and from Mercedes in Sonora to US$3.5 M.
Avino Silver & Gold Mines Ltd. provided an outlook for 2026 and key 2025 milestones. During 2025 production results were 1.16 M Oz Ag, 7,621 Oz Au, 5.7 M Lb Cu. The company changed the planned mining method for La Preciosa, in Durango, to allow for a 500 tpd rate of extraction by H2 2026. “In the fourth quarter, La Preciosa contributed nearly 12,000 tonnes of mill feed”. In 2026 the company expects to process 725 – 750 K tonnes sourced from La Preciosa and Avino mines, to produce 1.0 – 1.2 M Oz Ag, 5 – 7 K Oz Au and 6.0 – 7.5 M Lb Cu at cash cost $18 – $20 per Oz AgEq and an AISC of $24 – $26 per Oz AgEq. Plans for 2026 include 30,000 m of drilling at La Preciosa and Avino.
Newmont Corp. announced fourth quarter and full year 2025 results, including figures from its operations in Mexico. During the year 5.89 M Oz Au were produced globally. At Peñasquito, in Zacatecas, 415 K Oz Au, 28 M Oz Ag, 28 K tonnes Pb, 58 K tonnes Zn were produced at an AISC of 1,491 per Oz AuEq. Guidance for 2026 is 185 K Oz Au, 32 M Oz Ag, 90 k tonnes Lead, 220 K tonnes Zn.
First Majestic Silver Corp. announced Q4 and year 2025 audited consolidated financial results. In 2025 the company produced 15.4 M Oz Ag, 147,433 Oz Au (342 Oz Au produced out from Mexico) at cash cost $15.07 per Oz AgEq and an AISC of $21.17 per Oz AuEq. During the year, at Los Gatos in Chihuahua, 5.87 M Oz Ag, 3,121 Oz Au (8.9 M Oz AgEq) were produced at cash cost $12.91 per Oz AgEq and an AISC of $15.15 per Oz AgEq. At San Dimas in Durango, 5.38 M Oz Ag, 55,724 Oz Au were produced at cash cost $14.97 per Oz AgEq and an AISC of $19.62 per Oz AgEq. At Santa Elena, in Sonora, 1.42 M Oz Ag, 88,107 Oz Au were produced at cash cost $14.36 per Oz AgEq and an AISC of $17.96 per Oz AgEq. At La Encantada, in Coahuila, 2.76 M Oz Ag, 137 Oz Au were produced at cash cost $23.61 per Oz AgEq and an AISC of $29.96 per Oz AgEq.
Luca Mining Corp. is working on an expansion project led by Ausenco for its Campo Morado mine in Guerrero. The project focuses on bulk flotation and recovery of precious metals from pyrite concentrates. A second phase will evaluate methods to recover Au and Ag from tailings, including cyanide leaching, Albion process, and Pressure Oxidation.
Capstone Copper Corp. released 2026 annual production guidance, including figures for its Mexican operations. Consolidated copper production is forecast between 200 -230 K tonnes at cash cost $2.45 to $2.75 per Lb Cu. Total sustaining capital expenditures are set at US$270 M. For Cozamin in Zacatecas, production is estimated between 21 to 24 K tonnes Cu, at cash cost $1.55 to $1.85 per Lb Cu, with ore production grades estimated at 1.8% Cu.
ON FINANCING
Mexico Financing in Q4 2025. over US$1.5 billion was channeled to mining companies in Mexico through financing rounds in the last quarter of 2025. Companies with operating mines or properties near production took 77% of these funds, with Endeavour Silver, First Majestic Silver and Vizsla Silver (the three silver miners), taking over US$300 M each to their coffers. Companies with advanced properties raised 19% of the total while exploration companies accrued 4% of the funds.
Silver Tiger Metals Inc. closed its previously announced bought deal offering for gross proceeds of C$57.5 M (El Tigre, Sonora).
Regency Silver Corp. arranged a non-brokered private placement for aggregate gross proceeds of C$4 M (Dios Padre, Sonora).
Tocvan Ventures Corp. closed its previously announced bought deal private placement for aggregate gross proceeds of C$10 M, including the full exercise of the over-allotment option (Gran Pilar, Sonora).
Silverco Mining Ltd. closed its previously announced bought deal offering for aggregate gross proceeds of C$62.5 M. Insiders of the company subscribed for C$11.2 M (Cusi, Chihuahua).
Algo Grande Copper Corp. upsized its previously announced non-brokered private placement to accrue up to C$7 M in gross proceeds (Adelita, Sonora).
Orex Metals Inc. amended the terms of its previously announced non-brokered private placement. The hold period has been increased to twelve months from four months previously. The anticipated closing of the offering is now March 4, 2026, with the correct warrant price being C$0.22 (Sandra, Durango).
Silver Wolf Exploration Ltd. granted 2.3 M incentive stock options to directors, officers, consultants and employees (Ana María Durango).
Infinitum Copper Corp. announced the completion of its eight to one share consolidation is to take effect on February 20, 2026 (Adelita, Sonora).
Canuc Resources Corp. announced its shares have been consolidated on a ten to one ratio (10:1) on February 18, 2026 (San Javier, Sonora).
Teck Resources Ltd. has declared an eligible dividend on its outstanding class A common shares and class B subordinate voting shares to be paid on March 31, 2026 (San Nicolás, Zacatecas).
Alamos Gold Inc. authorized a 60% increase to its quarterly dividend to US$0.04 per common share (Mulatos, Sonora).
Apollo Silver Corp. has been recognized as a 2026 Top Company by the TSX Venture Exchange (Cinco de Mayo, Chihuahua).
Guanajuato Silver Company Ltd. has been included in the 2025 TSX Venture 50 list of top performing companies. Additionally, the company entered in a service agreement with Epstein Research for investor relations services, for a US$2 K monthly fee (El Cubo, Guanajuato).
Sierra Madre Gold and Silver Ltd. has been recognized as a 2026 Top 50 company by the TSX Venture Exchange. The company granted 1 M stock options to employees and consultants (La Guitarra, Estado de México, Estado de México).
Capitan Silver Corp. has been included in the TSX Venture 50 list (undisclosed project in Mexico).
Silver Viper Minerals Corp. announced its inclusion in the 2026 TSX Venture 50 (La Virginia, Sonora).
Santacruz Silver Mining Ltd. announced it ranked first overall on the 2026 TSX Venture 50 list (Zimapán, Hidalgo).
Southern Silver Exploration Corp. has been included in the TSX Venture 50 (Cerro Las Minitas, Durango).
Goldgroup Mining Inc. announced its inclusion in the TSX Venture 50 list of top performing companies (Cerro Prieto, Sonora).
ON RESOURCES AND DEVELOPMENT
GR Silver Mining Ltd. announced the mobilization of multiple drill rigs to the San Marcial area of its Plomosas project in Sinaloa. The company intends to expand “the footprint of the mineralized system hosted in a chlorite-rich hydrothermal breccia, by an additional 200 metres along strike” and conduct step-put drilling for resource expansion aiming to produce a preliminary economic assessment (PEA) late in 2026. The exploration office has been relocated to Durango, to address recent operational challenges in Sinaloa.
Sierra Madre Gold and Silver Ltd. informed the first expansion stage at La Guitarra plant in Estado de México is to increase production rates from 500 tonnes pe day (tpd) to 750-800 tpd of processing capacity. To achieve these production rates the company has acquired two new scoop trams, one used scoop tram and is rebuilding two existing scoops. Four haulage trucks have been purchased along a front end loader.
Pacifica Silver Corp. released assay results from nine holes of its phase 1 diamond drilling program at its Claudia project in Durango. Highlighted core length intervals comprise 10.7 m @ 0.33 gpt Au, 11 gpt Ag; 14.35 m @ 0.76 gpt Au, 73 gpt Ag (including 2.2 m @ 2.31 gpt Au, 409 gpt Ag); 8.3 m @ 0.89 gpt Au, 62 gpt Ag; 0.3 m @ 22.3 gpt Au, 156 gpt Ag. The company has completed more than 3,650 m of drilling across 13 holes on the current program that is currently focused on expanding and following mineralized intervals in the Aguilareña vein, step-out drilling in the Justina vein and testing the Mina Vieja and Mina de Oro areas.
Luca Mining Corp. announced underground drill results from its ongoing exploration program at Campo Morado, Guerrero. Highlighted core length results comprise 33.5 m @ 0.18 gpt Au, 25 gpt Ag, 0.36% Cu, 0.3% Pb, 1.4% Zn; 41.4 m @ 0.20 gpt Au, 13 gpt Ag, 0.34% Cu, 0.1% Pb, 2% Zn; 14.3 m @ 1.5 gpt Au, 76 gpt Ag, 1.01% Cu, 0.5% Pb, 2.8% Zn; 12.4 m @ 0.96 gpt Au, 21 gpt Ag, 0.44% Cu, 0.1% Zn; 135.7 m @ 1.58 gpt Au, 77 gpt Ag, 0.88% Cu, 0.4% Pb, 1.6% Zn (including 101.5 m @ 1.92 gpt Au, 99 gpt Ag, 0.88% Cu, 0.5% Pb, 2.1% Zn); 22.5 m @ 2.74 gpt Au, 162 gpt Ag, 0.85% Cu, 1.1% Pb, 4.1% Zn. To date, 38 underground diamond drillholes totaling 9,043 m have been completed and 8,682 m have been drilled from 29 surface drillholes at the Reforma, El Rey, Reforma Deeps and Zapata targets.
Alamos Gold Inc. reported mineral reserves and reserves for 2025, including figures for its Mexican operations. Globally, the company holds 15.9 M Oz Au in mineral reserves, 5.5 M Oz Au in measured and indicated resources and 2.0 M Oz Au in inferred resources. At the Mulatos District in Sonora the company reported 1.2 M Oz Au in reserves, 0.83 M Oz Au in measured and indicated resources and 0.1 M Oz Au in inferred resources. In the table below can be seen the reserves and resources held in the Mulatos mine, La Yaqui Grande, Puerto del Aire, Cerro Pelón and Carricito deposits.
Hecla Mining Co. reported 2025 year-end mineral reserves and resources, including figures for its Mexican operations. Hecla holds consolidated mineral reserves of 231 M Oz Ag, 2 M Oz Au, measured and indicated resources of 160.9 M Oz Ag, 4.5 M Oz Au and inferred resources of 467.7 M Oz Ag, 6.3 M Oz Au. At San Sebastián, in Durango, the company holds 15 M Oz Ag, 145 K Oz Au, 15 K tons Cu, 23.3 K tons Pb, 35.6 K tons Zn in measured and indicated resources, and 19.2 M Oz Ag, 160 K Oz Au, 3 K tons Cu, 5.5 K tons Pb, 8.1 K tons Zn.
Defiance Silver Corp. provided an update on the current drilling campaign at its Zacatecas project in Zacatecas. The 10,000 m program is designed to confirm extensions to known mineralization and to validate the current geological model that will be used for the upcoming mineral resource estimate. The results are from 2,553 m in five holes, with highlighted core length intervals comprising 4.15 m @ 0.2 gpt Au, 94 gpt Ag0.3% Zn; 1.33 m@ 1.24 gpt Au, 67 gpt Ag, o.7% Pb, 3.1% Zn; 22.57 m @ .03 gpt Au, 103 gpt Ag, 10.65 m @ .17 gpt Au, 211 gpt Ag, 0.2% Zn (including 3.07 m @ 0.28 gpt Au, 579 gpt Ag, 0.2% Zn, which includes 0.55 m @ 0.97 gpt Au, 2,120 gpt Ag, 0.2% Pb, 0.2% Zn); 10.52 m @ 101 gpt Ag, 0.1% Zn.
Newmont Corp. reported 2025 global mineral reserves adding up to 118.2 M attributable Oz Au, 12.5 M attributable tonnes Cu and 442 M attributable Oz Ag. At Peñasquito, in Zacatecas, proven and probable mineral reserves stand at 256.6 M tonnes grading 0.49 gpt Au, 30.7 gpt Ag, 0.3% Pb, 0.67% Zn, holding 4.1 M Oz Au, 253.3 M Oz Ag, 0.7 B tonnes Pb, 1.5 B tonnes Zn. Measured and indicated resources stand at 224.9 M tonnes grading 0.23 gpt Au, 26 gpt Ag, 0.24% Pb, 0.60% Zn, containing 1.6 M Oz Au, 188 M Oz Ag, 0.5 B tonnes Pb, 1.4 B tonnes Zn, and 9.2 M tonnes grading 0.2 gpt Au, 24.2 gpt Ag, 0.2% Pb, 0.5% Zn containing 0.1 M Oz Au, 7.1 M Oz Ag. At La Bikina measured and indicated resources stand at 19.9 M tonnes @ 0.37 gpt Au, 13.99 gpt Ag, 9 M Oz Ag, containing 200 K Oz Au and inferred resources of 1.6 M tonnes grading 0.2 gpt Au, 11 gpt Ag.
Orla Mining Ltd. released results of a preliminary economic assessment (PEA) for the underground project at its Camino Rojo mine in Zacatecas. The PEA outlines the development for an underground mine standalone operation at Camino Rojo beyond the current open pit heap leach operation supported by its own crushing, grinding, and flotation circuits to produce concentrates. The project envisages a net present value (5%) of 1.3 B and a 30% internal rate of return (IRR) at a price of $3,100 per Oz Au. It includes mining at an 8,000 tpd rate to process 37.2 M tonnes grading 2.7 gpt Au, 11.5 gpt Ag, 0.39% Zn (2.96 gpt AuEq), producing 215 K Oz Au (228 K Oz AuEq) per year and a total of 2.8 M Oz Au (2.97 M Oz AuEq) in the 17 years mine life, with cash cost of $1,067 and an AISC of $1,339 per Oz Au. The project includes a capital cost of US$608.1 M.
ON DEALS AND CORPORATE ISSUES
EV Resources Ltd. entered into a services agreement with MineMaker LLC, including “identifying and securing non-dilutive funding through U.S. government programs intended to onshore critical mineral supply chains. This includes loans, co-investment opportunities, tax incentives, and procurement mechanisms, as well as securing appropriate assistance for permitting at Federal and State level for the Company’s Nevada assets” (Los Lirios, Oaxaca).
Kootenay Silver Inc. entered into a marketing services agreement with Gold Standard Media LLC, an internet marketing and advertising company. Gold Standard will provide certain financial publishing and digital marketing services focused on introducing the company to a broader audience. In exchange for providing these services, Gold Standard will receive an aggregate upfront payment of USD$1 million. (Columba, Chihuahua).
Discovery Silver Corp. announced the appointment of Lee Hodgkinson to the board of directors (Cordero, Chihuahua).
Hecla Mining Co. informed Mr. Stephen F. Ralbovsky has retired from the board of directors. Also, Ms. Jill Satre was appointed as “the Chair of the Company’s Audit Committee” (San Sebastián, Durango).
Bear Creek Mining Corp. that its share holders have voted in favour of both the previously announced acquisition of the company by Highlander Silver Corp. and the interest deferral agreements entered into between the company and Royal Gold, Inc. and Equinox Gold Corp. at the company’s special meeting (Mercedes, Sonora).
ON SOCIAL RESPONSIBILITY
No Relevant News.
On the image below: chlorite flooding and specularite veining on volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.
During the 2nd week of the year (January 05th to January 11th, 2026), companies working in Mexico released 31 press releases. Three companies informed on early-stage properties work and three more presented quarterly reports. Four companies presented news on financing rounds, one on consolidation of shares, one on the repurchase of shares and, a sign of the current buoyant times, six on the granting of stock options. Five companies presented updates on advanced properties, while six companies informed on deals and corporate issues. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, in Sonora Aztec Minerals provided an update on Cervantes; Algo Grande generated tens of targets at Adelita. In Durango, Pinnacle Silver and Gold completed a LIDAR survey at El Potrero. ON MINING, Heliostar Metals, Endeavour Silver and Torex Gold presented quarterly reports. ON FINANCING, four companies informed on financing rounds: Capitan Silver (C$6 M), Kootenay Silver (406 K), Bear Creek Mining (C$18 M) and Oroco Resource (C$15 M). Chesapeake Gold, Santacruz Silver Mining, J2 Metals, Barksdale Resources, Canasil Resources, and Elemental Royalties granted incentive stock options. Minera Alamos consolidated its shares on a 10:1 basis. Fortuna Mining repurchased 1.7 M common shares of its stock. ON RESOURCES AND DEVELOPMENT, Silverco Mining provided an update on the restart of mining at Cusi, in Chihuahua. Southern Silver Exploration reported drilling results from Cerro Las Minitas in Durango. Regency Silver informed on breccia characteristics intercepted by drilling at Dios Padre, in Sonora. Kootenay Silver released results from drilling at Columba, in Chihuahua. Kingsmen Resources reported assay results from one hole at Las Coloradas, in Chihuahua. ON DEALS AND CORPORATE ISSUES, Silver Viper Minerals contracted marketing campaigns and announced appointments to the board. Centenario Gold signed a LOI with Vector Factor to option Los Reyes project, in Chihuahua. Zacatecas Silver updated on work at Esperanza and Zacatecas Silver projects in Morelos and Zacatecas, respectively. Algo Grande announced an appointment to the board. Highlander Silver and Bear Creek Mining amended the agreement on which Highlander is acquiring all Bear Creek shares. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
No Relevant News.
ON EXPLORATION
Aztec Minerals Corp. provided an update on work at its Cervantes property in Sonora. During 2025 conducted a surface exploration program that expanded the known extent of the California Au-Cu porphyry system another 0.5 km to the east.. During the first half of 2026 surface exploration is to continue in preparation for potential continued step out and exploration drilling.
Pinnacle Silver and Gold Corp. informed the airborne LIDAR survey recently flown over the 1,100 ha El Potrero project in Durango “has confirmed known structural trends, outlined previously unknown structures, and identified a total of 64 adits, 6 shafts and 51 prospecting pits on the two claim blocks comprising the project”.
Algo Grande Copper Corp. completed reprocessing and reinterpretation of historical geophysical and geochemical datasets at its Adelita project in Sonora, confirming a district-scale structurally controlled porphyry-skarn system. The work identified 32 Cu-Au-Ag targets, including 14 generated by machine-learning techniques. A high-definition ground magnetic survey has commenced over the Cerro Grande skarn zone.
ON MINING
Heliostar Metals Ltd. produced 8,459 Oz AuEq during Q4 2025, for a total of 34,098 Oz AuEq during the year, well within the 2025 guidance. At La Colorada, in Sonora, 17,793 Oz Au, 57.5 K Oz Ag (or 18,467 Oz AuEq) were produced in 2025, whereas at San Agustin, in Durango, 14,883 Oz Au, 22.5 K Oz Ag (or 15,139 Oz AuEq) were produced in the same period while the reminder was produced at the now closed El Castillo operations.
Endeavour Silver Corp. reported a full 2025 year production of 6.5 M Oz Ag, 37,164 Oz Au which, in combination with base metal production, equals 11.2 M AgEq. In Mexico, the company produced 7.85 M Oz AgEq from its operation. At Terronera, in Jalisco, 154.2 K tonnes were processed averaging 86 gpt Ag, 2.27 gpt Au, recovering 82.6% Ag, 72.5% Au, to produce 352 K Oz Ag, 8,148 Oz Au. At Guanaceví, in Durango, 403 K tonnes were processed averaging 334 gpt Ag, 1.16 gpt Au, recovering 90.3% Ag, 91.5% Au, to produce 3.9 M Oz Ag, 13,747 Oz Au. At Bolañitos, in Guanajuato, 393.9 K tonnes were processed averaging 57 gpt Ag, 1.37 gpt Au, recovering 84.0% Ag, 87.9% Au, to produce 608.4 K Oz Ag, 15,270 Oz Au. Terronera was declared commercial production on October 1, 2025, and a definitive agreement to sell the Bolañitos operation was signed in November 2025.
Torex Gold Resources Inc. reported 115,066 Oz AuEq of payable production during the fourth quarter of 2025. The company mined 3,175 tpd at ELG Underground and 7,052 tpd at Media Luna Underground, for a total of 10,705 tpd processed at its Moelos Complex in Guerrero. Ore graded 3.40 gpt, 19.08 gpt Ag, 0.65% Cu, with recoveries of 90.3% Au, 83.1% Ag, 91.9% Cu, to produce 94,878 Oz Au, 498.2 K Oz Ag, 13 M Lb Cu. For the full year 2025, payable production totalled 376,586 Oz AuEq. “During 2025, the Company repurchased 825,769 shares at an average price of C$57 per share and paid an inaugural quarterly dividend of C$0.15 per share”.
ON FINANCING
Minera Alamos Inc. announced its common shares have been consolidated at a ratio of ten to one. The company now has 108 million common shares issued and outstanding (Santana, Sonora).
Chesapeake Gold Corp. granted 100 K stock options to Mr. Rajesh Vyas in relation to his appointment as chief financial officer (Metates, Durango).
Santacruz Silver Mining Ltd. granted 39 K restricted share units to a director of the company. (Zimapán, Hidalgo).
Capitan Silver Corp. announced that the company has completed its investment from Schroder Investment Management Limited acting as agent on behalf of one of its UCITS funds, for gross proceeds of C$6 M (Cruz de Plata, Durango).
J2 Metals Inc. granted 195 K stock options to certain directors and consultants of the company (Sierra Plata, Guerrero).
Barksdale Resources Corp. omnibus share incentive plan has been approved by the TSX Venture Exchange (San Javier, Sonora).
Oroco Resource Corp. entered into an agreement with Canaccord Genuity Corp. as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters pursuant to which the underwriters have agreed to purchase, on a bought deal basis units of the company for C$15 M (Santo Tomás, Sinaloa).
Fortuna Mining Corp. reported the company repurchased 1.7 M common shares on the open market of the New York Stock Exchange for a total gross consideration of US$17 M (undisclosed projects, Mexico).
Canasil Resources Inc. applied to the TSX Venture Exchange for approval to grant 5.15 M incentive stock options to directors, officers, advisors and employees (Nora, Durango).
Kootenay Silver Inc. informed that during the third quarter of 2025 the company issued common shares under the ATM program for C$142.6 K in gross proceeds, paying C$3.6 K in aggregate commissions. During the fourth quarter of 2025 the company issued C$263.3 K in common shares with aggregate commissions of C$6.6 K (Columba, Chihuahua).
Bear Creek Mining Corp. closed its previously announced non-brokered private placement financing to raise gross proceeds of C$18 M (Mercedes, Sonora).
Elemental Royalty Corp. granted 663.3 K incentive stock options and 155.1 K restricted share units to officers, directors, employees and consultants of the company, and 14.9 K cash-settled DSUs to independent directors, redeemable upon the retirement, resignation or replacement of a director (royalty in Mercedes, Sonora).
ON RESOURCES AND DEVELOPMENT
Silverco Mining Ltd. provided an update on the restart of operations at its Cusi project, in Chihuahua. Underground workings at the Promontorio area have been dewatered, a project manager has been hired in-country, rehabilitation has commenced with ramp scaling and ground support installation. JDS Energy & Mining Inc. has been engaged to produce a restart study utilizing the updated mineral resource estimate (MRE). Metallurgical optimization test work by Forte Analytical is nearing completion. The remainder of the 2025 drill program results are expected in early Q1 2026 and the recently flown LIDAR survey data is being integrated.
Southern Silver Exploration Corp. reported assays from four holes testing the recently acquired Puro Corazon claim within its Cerro Las Minitas project in Durango. Highlighted true width intervals comprise 5.3 m @ 73 gpt Ag, 2.8% Pb, 3.4% Zn; 0.8 m @ 405 gpt Ag, 11.1% Pb, 9.1% Zn; 0.7 m @ 566 gpt Ag, 0.1% Cu, 29.2% Pb, 8.0% Zn; 17.9 m @ 63 gpt Ag, 0.1% Cu, 1.6% Pb, 1.4% Zn; 4.0 m @ 120 gpt Ag, 0.2% Cu, 3.5% Pb, 4.5% Zn; 7.3 m @ 102 gpt Ag, 0.5% Cu, 3.6% Pb, 3.7% Zn (including 4.0 m @ 131 gpt Ag, 0.8% Cu, 6.4% Pb, 5.4% Zn); 3.0 m @ 171 gpt Ag, 0.1% Cu, 2.2% Pb, 3.7% Zn (including 0.4 m @ 0.1 gpt Au, 724 gpt Ag, 0.5% Cu, 6.8% Pb, 21.6% Zn). Sixteen of the proposed twenty-one holes have been completed for a total of 6,820 m of the planned 12,000 m of drilling to test the Puro Corazon claim.
Regency Silver Corp. announced the latest hole at its Dios Padre project in Sonora has intercepted sulfide-specularite supported breccia in multiple zones across a non-continuous 240 m interval. The breccias are controlled by a series of quartz-feldspar porphyries 5 to 50 m in width and are similar in nature to the breccia hosting Au-Cu-Ag mineralization in previous holes. “The intersection is ~150m down-dip below the historic Dios Padre silver mine workings and ~225m up dip …. ” from a previous hole that intercepted 38 m @ 7.36 gpt Au. Five holes totaling 3,723m have been completed since drilling resumed in October 2025.
Kootenay Silver Inc. announced assay results from nine drill holes completed as part of its 50,000 m drill program at Columba, in Chihuahua. Drilling is focused on the expansion of the known resource, the same that remains open in all directions. The current mineral resource estimate totals 5.92 M tonnes grading 284 gpt Ag, containing 54.1 M Oz Ag. Highlighted true width intervals comprise 9.78 m @ 11 gpt Ag, 1.0% Pb, 1.0% Zn; 50.7 m @ 49 gpt Ag, 0.1% Zn; 2.85 m @ 315 gpt Ag, 0.3% Pb, 0.5% Zn (including 0.43 m @ 1,295 gpt Ag, 1.3% Pb, 1.1% Zn); 60.3 m @ 56 gpt Ag, 0.1% Pb, 0.1% Zn; 4.56 m @ 299 gpt Ag, 0.5% Pb, 1.0% Zn (including 0.27 m @ 1,830 gpt Ag, 5.0% Pb, 6.2% Zn); 2.72 m @ 390 gpt Ag, 0.2% Pb, 0.7% Zn; 4.97 m @ 186 gpt Ag, 0.1% Pb, 3.8% Zn (including 0.71 m @ 1,040 gpt Ag, 0.3% Pb, 21.0% Zn); 51.52 m @ 35 gpt Ag, 0.2% Pb, 0.5% Zn).
Kingsmen Resources Ltd. reported assay results from three diamond drill holes at its Las Coloradas project in Chihuahua. Highlighted core length results comprise 4.8 m @ 52 gpt Ag, 0.9% Pb, 1.22% Zn (including 1.3 m @ 0.72 gpt Au, 143 gpt Ag, 2.5% Pb, 3.4% Zn); 0.25 m @ 0.14 gpt Au, 157 gpt Ag, 0.6% Pb, 1.9% Zn. Mineralization has now been confirmed on three structures -Soledad, Soledad II and No.8- spanning 1.5 km.
ON DEALS AND CORPORATE ISSUES
Silver Viper Minerals Corp. entered into an agreement to support ongoing digital marketing efforts with Nordcore Media LLC. “The engagement covers the creation and management of advertising campaigns, remarketing, and related digital strategy activities”. The total cost for the six-month term is US$300 K in cash. In a second press release Silver Viper announced the appointment of Jeff Couch to its board of directors (La Virginia, Sonora).
Centenario Gold Corp. entered into a letter of intent (LOI) with Vector Factor S.A. de C.V. to acquire 100% interest in the Los Reyes project in Chihuahua. The 45 ha property is “located along a northwest-trending structure … that hosts numerous high-grade current and past operating mines…”. The option can be entered into by making US$15 K payment before the end of 2025, initiate a greater than 1,000 m drill program within 6 months of signing the LOI, a final purchase option agreement signed not later than 45 days after receiving drilling assays with US$45 K on signing, US$50 K on year 1, US$80 K on year 2, US$100 K on year 3, US$110 K on year 4, US$120 K on year 5, and a 2% NSR. Centenario is to pay the mining rights of the two mining concessions involved during the LOI validity term.
Silver Viper Minerals Corp. announced the appointment of Mr. Andreas L’Abbé as financial advisor and Mr. Gernot Wober as technical advisor (La Virginia, Sonora).
Zacatecas Silver Corp. provided a corporate update outlining key operational progress across its portfolio. At the Zacatecas Silver project in Zacatecas the upcoming 4,000 m drill program has been contracted and surface access agreements signed. At Esperanza, in Morelos, the company is well positioned to benefit from recent improvements in Mexico’s permitting landscape, which includes open pit permits.
Algo Grande Copper Corp. appointed João Rocha as vice president of exploration (Adelita, Sonora).
Highlander Silver Corp. and Bear Creek Mining Corp. entered into an amended and restated arrangement agreement dated January 9, 2026, amending and restating the arrangement agreement dated December 18, 2025 pursuant to which Highlander Silver will acquire all of the issued and outstanding common shares of Bear Creek Mining (Mercedes, Sonora).
ON SOCIAL RESPONSIBILITY
No Relevant News.
On the image below: Quartz veinlets in chloritized porphyritic diorite, HQ core. Picture by Jorge Cirett.
During the 50th week of the year (December 8th to December 14th, 2025), companies working in Mexico presented 28 press releases. One company informed about exploration advances on its early-stage property. One company reported results for its fiscal year. Seven companies presented news on financing rounds, and one each on consolidation of shares, dividends and new market listings. Six companies presented updates on advanced properties/mines. Four companies informed on deals and corporate issues. ON MEXICO ISSUES, the backlog in permitting is being reduced, not as fast as the industry requires, but it is a signal by the government that more investment is wanted. ON EXPLORATION, in Sonora, Colibri Resource commenced an RC drilling campaign at the EP project. ON MINING, GoGold Resources announced financial results for its fiscal year. ON FINANCING, six companies informed on financing rounds: Capitan Silver (C$20 M), Gold Royalty (US$103.5 M), First Majestic Silver (US$350 M), Minera Alamos (C$3.5 M), Minaurum Gold (25 M), Regency Silver (C$3 M). Santacruz Silver Mining consolidated its shares on a 4:1 basis. Vizsla Royalties graduated to the OTCQX. Sailfish Royalties declared a quarterly dividend. ON RESOURCES AND DEVELOPMENT, Regency Silver informed on the drilling at Dios Padre, in Sonora. Vizsla Silver filed the FS on the Panuco project, in Sinaloa. Silverco Mining presented an updated MRE for its Cusi project, Chihuahua. Impact Silver released results from underground drilling at its Plomosas mine, in Chihuahua. Heliostar Metals completed a PFS on Cerro del Gallo project , in Guanajuato. Coeur Mining provided an update on 68,000 m of drilling at Palmarejo, in Chihuahua. ON DEALS AND CORPORATE ISSUES, Teck Resources shareholders voted FOR in the merger with Anglo American, same that received the needed government approval on the week. Pinnacle Gold and Silver received conditional approval by the TSX to pay all finders fees associated with the El Potrero option agreement in Durango. Defiance Silver had its AGM. Kingsmen Resources contracted promotional services. ON SOCIAL RESPONSIBILITY, Fortune Bay announced its formal Environmental, Social & Governance (ESG) Policy (Poma Rosa, Chiapas).
ON MEXICO ISSUES
Fernando Aboitiz, head of the Extractive Activities Coordinating Unit from the Economy Secretariat, pointed that nearly 65% of the backlog on permitting for mining activities has been cleared, and that mid 2026 it could be normalized. At the beginning of this presidential term 176 projects were paused, to date 110 have been authorized and 66 are pending. States like Zacatecas, Sonora, Chihuahua and Durango are to be among the most benefited by the issuing of permits.
ON EXPLORATION
Colibri Resource Corp. has commenced a reverse circulation drilling campaign at its 4,766 ha EP project in Sonora.
ON MINING
GoGold Resources Inc. announced financial results for the year ending September 30, 2025. During the period, 416.6 K tonnes were stacked at its Parral operations, selling 2.14 M Oz Ag, produced at cash cost $18.35 per Oz AgEq and an AISC of $23.72 per Oz AgEq. The company had revenue of US$72.5 M, an operating income of US$17.1 M, and net income of US$17.3 M.
ON FINANCING
Capitan Silver Corp. entered into deal with a syndicate of underwriters led by Stifel Canada in connection with a “bought deal” private placement offering for aggregate gross proceeds of C$20 M. A cash commission of 6% of the gross proceeds shall be paid to the underwriters (Cruz de Plata, Durango).
Gold Royalty Corp. entered into an agreement with National Bank Capital Markets, BMO Capital Markets, and RBC Capital Markets as joint bookrunners, on behalf of a syndicate of underwriters that are to purchase on a bought deal basis, common shares of the company for aggregate gross proceeds of US$70 M (royalty on Coazamin, Zacatecas).
Santacruz Silver Mining Ltd. announced the consolidation of its shares on a four to 1 (4:1) basis on December 10, 2025, subject to final approval by the TSX Venture Exchange (Zimapán, Hidalgo).
First Majestic Silver Corp. announced the closing of its previously announced US$300 M offering of unsecured convertible senior notes due in 2031, and the concurrent closing of an additional US$50 M aggregate principal amount of notes pursuant to the exercise in full of the over-allotment option granted to the initial purchasers of the notes (San Dimas, Durango).
Gold Royalty Corp. increased the size of its previously announced bought deal financing for aggregate gross proceeds of US$90 M. The company granted the underwriters an over-allotment option to purchase up to an additional 15% of the common shares issued on the offering, for additional gross proceeds of up to US$103.5 M (royalty on Cozamin, Zacatecas).
Minera Alamos Inc. closed its previously announced private placement offering for gross profits of C$3.5 M (Santana, Sonora).
Minaurum Gold Inc. completed its previously announced “best efforts” private placement, for C$25 M in gross proceeds, which included the exercise in full of the agents’ option. Cormark Securities Inc. acted as lead agent, on behalf of itself and a syndicate of agents includingBeacon Securities Ltd. and Canaccord Genuity Corp. The company paid the agents a C$1.4 M cash commission and issued 3.95 M purchase warrants. In addition, a cash fee of C$11.2 K was paid and issued 31.3 K broker warrants to an arm’s length finder (Alamos Silver, Sonora).
Regency Silver Corp. entered into an agreement with Centurion One Capital Corp. as lead agent and sole bookrunner with a brokered private placement to raise up to C$2 M. Later on the week the offering was upsized to C$3 M in gross profits (Dios Padre, Sonora).
Vizsla Royalties Corp. graduated to trade on the OTCQX Best Market (royalty on Panuco, Sinaloa).
Sailfish Royalties Inc. declared a quarterly dividend of US$0.0125 per share, to be payable on July 15, 2026 (royalty on Gavilanes, Durango).
ON RESOURCES AND DEVELOPMENT
Regency Silver Corp. informed a new drill hole intersected 23.7 m of sulfide-specularite breccia similar to the breccia hosting high-grade Au-Cu-Ag mineralization 35 m updip and along strike from a previous hole at its Dios Padre project in Sonora. Four holes totalling 2,476 m have been completed since early October 2025. ”… the mineralized shingle breccia typically hosting mineralization is found on both sides of a new intersection of Quartz-Feldspar porphyry … ”.
Vizsla Silver Corp. filed the feasibility study (FS) on the Panuco project, in Sinaloa, “which highlights 17.4 M Oz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au”.
Silverco Mining Ltd. presented an updated mineral resource estimate (MRE) for its Cusi project in Chihuahua. The study notes 4.89 M tonnes grading 206 gpt Ag, 0.15 gpt Au, 0.73% Pb, 0.86% Zn (262 gpt AgEq), containing 32.4 M Oz Ag, 24 K Oz Au, 78.3 M Lb Pb, 92.8 M Lb Zn (41.2 M Oz AgEq) in measured and indicated resources and 4.07 M tonnes grading 172 gpt Ag, 0.17 gpt Au, 0.89% Pb, 1.20% Zn (243 gpt AgEq), containing 22.5 M Oz Ag, 22.2 K Oz Au, 79.5 M Lb Pb, 107.5 M Lb Zn (31.7 M Oz AgEq).
Impact Silver Corp. released further results from its underground drill program in the Santo Domingo zone at its Plomosas mine in Chihuahua. Highlighted true width intercepts comprise 0.84 m @ 35 gpt Ag, 6.5% Pb, 26.3% Zn; 2.07 m @ 24 gpt Ag, 9.4% Pb, 10.6% Zn; 4.95 m @ 23 gpt Ag, 7.4% Pb, 13.8% Zn (including 1.33 m @ 29 gpt Ag, 11.3% Pb, 18.2% Zn); 0.58 m @ 45 gpt Ag, 18.3% Pb; 20.3% Zn; 3.15 m @ 9 gpt Ag, 5.1% Pb, 5.0% Zn. “All these Santo Domingo drill intersections lie outside the JORC mineral resource blocks published by the previous operator”.
Heliostar Metals Ltd. completed an updated prefeasibility study (PFS) for its Cerro del Gallo project in Guanajuato. The current mineral reserve base is 2.27 M Oz AuEq, with the study outlining a 15.3 year mine life producing 85,700 Oz AuEq per year at cash cost $1,252 per Oz AuEq and an AISC of $1,390 per Oz AuEq and a CAPEX of US$195.3 M to bring it into production. “At the base case gold price of $2,300 per ounce, this results in an after-tax NPV of $424M, an IRR of 33.1% and a payback period of 2.3 years”. The study envisages a 6 M tonne per year open pit mining operation with ore crushed and stacked with cyanide leaching. “Copper and silver dissolved in solution will be recovered through a sulphidization, acidification, recycling, and thickening”.
Coeur Mining Inc. provided an update on the 2025 exploration campaign at its Palmarejo complex in Chihuahua. Approximately 68,000 m of drilling have been completed by eleven rigs on the 30,000 ha property. The program identified numerous resource growth opportunities through a balance of near-mine and district-scale exploration. The Hidalgo Libertad, San Juan veins have been extended along strike by 500 m, 300 m and 150 m respectively, continuity confirmed between the Independencia Norte and Independencia South zones and drilling confirmed mineralization along 900 m of strike along the 4 km Camuchin-Escondida trend. Highlighted true width intercepts comprise 10.4 m @ 4.10 gpt Au, 1,517 gpt Ag (including 1.50 m @ 15.40 gpt Au, 4,957 gpt Ag); 17.9 m @ 4.20 gpt Au, 1,870 gpt Ag (including 9.1 m @ 7.10 gpt Au. 3,610 gpt Ag); 10.5 m @ 4.10 gpt Au, 1,928 gpt Ag; 5.2 m @ 14.70 gpt Au, 4,527 gpt Ag; 3.7 m @ 18.60 gpt Au, 778 gpt Ag; 22.2 m @ 6.70 gpt Au, 26 gpt Ag (including 4.80 m @ 14 gpt Au, 33 gpt Ag).
ON DEALS AND CORPORATE ISSUES
Teck Resources Ltd. informed its shareholders overwhelmingly voted to approve the special resolution involving the merger with Anglo American plc. Later on the week Teck obtained a final order from the Supreme Court of British Columbia approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act, authorizing the merger of equals of Anglo American and Teck (50% San Nicolas, Zacatecas).
Pinnacle Silver and Gold Corp. received conditional TSX Venture Exchange approval for all finders fee shares associated with the staged option of the El Potrero project in Durango. “a Finder’s Fee of 4% of the measurable benefit of each installment payment will be paid to Juan Jose Camacho, who is arm’s length to the issuer and the vendor”. Payments include 71.6 K shares on February 2025, 40 K shares and US$8,000 on November 2025, 40 K shares and US$30 K on February 2026, US$40 K when the plant is sufficiently upgraded and all permits received to commence production, or 4 years from signing, US$60 K one year after commencing production, or 5 years from signing, US$120 K two years after commencing production or 7 years from signing. And a contingent payment of US$40 K and 40 K shares upon the establishment of a NI-43-101 350 K Oz AuEq in the inferred category or better.
Defiance Silver Corp. announced shareholders approved all matters presented at its annual general and special meeting (Zacatecas Silver, Zacatecas).
Kingsmen Resources Ltd. entered into a service agreement with Resource Stock Digest of Round Rock, Texas, to provide certain promotional services (Las Coloradas, Chihuahua).
ON SOCIAL RESPONSIBILITY
Fortune Bay Corp. announced the adoption of its formal Environmental, Social & Governance (ESG) Policy, highlighting a community-centered approach, responsible environmental practices, transparency and straight talk, governance and ethical conduct and local economic participation (Poma Rosa, Chiapas).
On the image below: Specularite veining on volcanic sedimentary rocks, HQ core. Picture by Jorge Cirett.
