Reserves

The Mining and Exploration News in Mexico; Highlights on the Fourth Week of May 2026

/ Gambusino Prospector / Leave a comment

By Jorge Cirett

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

ON MINING

  • Orogen Reports Strong Q1 2026 Results with 144% Growth in Net Income: Orogen Royalties  (Ermitaño, Sonora)
  • Empress Reports 2026 First Quarter Financial Results: Empress Royalty (Tahuehueto, Durango)
  • 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)
  • Sailfish Reports Q1 2026 Results: Sailfish Royalty (Royalty on Gavilanes, Durango)  
  • 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)
  • Southern Empire Increases Private Placement to $1,750,000 CAD Southern Empire Resources (Pedro, Durango)
  • 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)
  • Sonoro Gold Announces Change of Auditor Sonoro Gold (Cerro Caliche, Sonora)
  • Alamos Gold Announces Results of the Annual General Meeting of Shareholders: Alamos Gold (Mulatos, Sonora)
  • Elemental Announces Voting Results from its 2026 Annual General and Special Meeting Elemental Royalty (Royalty on Mercedes, Sonora)
  • Silver Viper Announces Adoption of Semi-Annual Reporting Framework: Silver Viper (La Virginia, Sonora)

ON SOCIAL RESPONSIBILITY

  • Torex Gold Releases 2025 Responsible Gold Mining Report Torex Gold (Morelos Complex, Guerrero)
  • Pan American Silver Releases 2025 Sustainability Report: Pan American Silver (La Colorada, Zacatecas)

On the image below: Epithermal quartz veining and pyrite in volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.

The Mining and Exploration News in Mexico; Highlights on the Second Week of May 2026

/ Gambusino Prospector / Leave a comment

By Jorge Cirett

During the 20th week of the year (May 11th to May 17th, 2026), companies working in Mexico released 39 press releases. Two companies informed on early-stage property work and ten companies presented quarterly reports. Two companies adopted semi-annual reporting, one company declared a dividend, one more repaid a loan, and one other closed a private placement while one more granted stock options. Three companies released drill results on their advanced projects, and one more updated the technical report on a property. Five companies announced appointments and officers changes, one company is acquiring more ground, two mid-tier companies announced their merger, one company reported its AGM results, and the acquisition of a royalty company was announced. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, in Sonora, Tocvan Ventures reported continued drilling and exploration at Gran Pilar. In Chihuahua, Kingsmen Resources completed topographic surveys at Las Coloradas and Almoloya.  ON MINING, Orla Mining, First Majestic, Altius Minerals, Heliostar Metals, Osisko Development, Elemental Royalty, Discovery Silver, Americas Gold and Silver, Avino Silver & Gold Mines, Santacruz Silver and Golden Minerals reported quarterly results. ON FINANCING Silver Viper and Regency Silver adopted semi-annual reporting. Coeur Mining reported a dividend. Heliostar Metals granted stock options. Guanajuato Silver repaid a gold loan. J2 Metals closed the second tranche of a private placement for C$356 K in gross proceeds.  ON RESOURCES AND DEVELOPMENT, Goldgroup updated the technical report on the San Francisco mine in Sonora. Capitan Silver released results from drilling at Cruz de Plata in Durango. Defiance Silver announced drilling results from its Zacatecas project in Zacatecas. Mithril Silver and Gold provided assay results from drilling at the Target 1 of its Copalquin project in Durango. ON DEALS AND CORPORATE ISSUES, Oroco Resource, Minera Alamos, Vizsla Silver, Regency Silver and Goldgroup announced appointments to the board. Sonoro Gold signed a LOI on the acquisition of adjacent ground at Cerro Caliche, in Sonora. Equinox Gold and Orla Mining announced their merger. Altius Minerals presented results of its AGM. Elemental Royalty is to acquire Vizsla Royalties. Minera Alamos is to change name to Mining Americas. ON SOCIAL RESPONSIBILITY, No relevant news.

ON MEXICO ISSUES

  • No relevant news

ON EXPLORATION

  • Tocvan Accelerates Gran Pilar: 5,000+ Meters Drilled to Date, Historic Workings Discovered on South Block, Pilot Progresses: Tocvan Ventures  (Gran Pilar, Sonora)
  • Kingsmen Completes 60 km² Precision Satellite Topographic Surveys at Las Coloradas and Almoloya, Advancing Drill Targeting Across the High-Grade Parral Silver-Gold District, Chihuahua, Mexico: Kingsmen Resources (Las Coloradas, Chihuahua)
  • Tocvan Announces New surface Gold-Silver Results, Outlining New Target 3 Kilometers East of Main Zone at Gran Pilar Gold-Silver Project: Tocvan Ventures (Gran Pilar, Sonora)

ON MINING

  • Orla Mining Reports First Quarter 2026 Financial Results: Orla Mining (Camino Rojo, Zacatecas)
  • First Majestic Announces Q1 2026 Financial Results and Increased Quarterly Dividend Payment; Provides Management Updates: First Majestic Silver (San Dimas, Sinaloa)  
  • Altius Reports Q1 2026 Attributable Royalty Revenue of $26.8M and Adjusted Earnings(1) of $5.4M: Altius Minerals (royalty on Cuale, Jalisco)
  • Heliostar Presents Record Q1 2026 Financial and Operating Results: Heliostar Metals (Ana Paula, Guerrero)
  • Osisko Development Reports First Quarter 2026 Results: Osisko Development (sold San Antonio, Sonora)
  • Elemental Royalty Announces Record Quarterly Revenue and Adjusted EBITDA Elemental Royalty (royalty on Mercedes, Sonora)
  • Discovery Silver Reports Solid Earnings and Cash Flow in Q1 2026: Discovery Silver (Cordero, Chihuahua)
  • Americas Gold and Silver Reports Record Production and Sales in Q1 2026 as Execution on the Growth Plan Continues at Galena:  Americas Gold and Silver (Cosalá, Sinaloa)
  • Avino Delivers Record Q1 2026 Financial Results: Avino Silver & Gold Mines (Avino, Durango)
  • Santacruz Silver Reports First Quarter 2026 Financial Results: Santacruz Silver (Zimapán, Hidalgo)
  • Golden Minerals Reports First Quarter 2026 Financial Results: Golden Minerals (sold Velardeña, Durango)

ON FINANCING

  • Silver Viper Announces Adoption of Semi-Annual Reporting: Silver Viper Minerals   (Cerro Caliche, Sonora)
  • Heliostar Grants Options and RSUs under its Omnibus Equity Incentive Compensation Plan: Heliostar Metals (Ana Paula, Guerrero)
  • Coeur Declares Inaugural Dividend: Coeur Mining (Palmarejo, Chihuahua)
  • Guanajuato Silver Accelerates Gold Loan Repayment: Guanajuato Silver (El Cubo, Guanajuato)
  • J2 Metals Inc. Announces Closing of Flow-Through Private Placement: J2 Metals (Sierra Plata, Estado de México)
  • Regency Silver Adopts Semi-Annual Reporting and Stock Option Grants: Regency Silver (Dios Padre, Sonora)

ON RESOURCES AND DEVELOPMENT

  • Goldgroup Files Updated Technical Report on San Francisco Gold Project: Gold Group Mining (San Francisco, Sonora)
  • Capitan Silver Intersects 935 g/t Silver Equivalent over 1.3 Metres, Within a Wider Zone of 157 g/t Silver Equivalent over 20.0 Metres at the Cruz De Plata Project: Capitan Mining (Cruz de Plata, Durango)
  • Defiance Silver Drilling Returns up to 356 g/t Ag and 2.15 g/t Au in Additional Silver and Gold Structures: Defiance Silver (Zacatecas Project, Zacatecas)
  • Mithril Drills 7.00 g/t Gold, 370 g/t Silver Over 9.65 m Including 30.7 g/t Gold, 1,780 g/t Silver Over 0.5 m at Target 1, Copalquin: Mithril Silver and Gold (Copalquín, Durango)

ON DEALS AND CORPORATE ISSUES

  • Oroco Resource Corp. Appoints New CEO: Oroco Resource (Santo Tomás, Sinaloa)
  • Minera Alamos Strengthens Board and Management Team and Proposes Name Change to Mining Americas Inc.: Minera Alamos (Santana, Sonora)
  • Sonoro Gold Announces Letters of Intent to Acquire Adjacent Mineral Concessions to Further Expand the Cerro Caliche Gold Project: Sonoro Gold  (Cerro Caliche, Sonora)
  • Vizsla Silver Announces Change of Corporate Secretary: Vizsla Silver (Panuco, Sinaloa)
  • Equinox Gold and Orla Mining Combine to Create North America’s New Senior Gold Producer: Built to Grow, Built to Last: Orla Mining (Camino Rojo)
  • Equinox Gold and Orla Mining Combine to Create North America’s New Senior Gold Producer: Built to Grow, Built to Last: Equinox Gold (Los Filos, Guerrero)
  • Altius Reports Voting Results From its May 13, 2026 Annual and Special Meeting:  Altius Minerals (royalty on Cuale, Jalisco)
  • Elemental Royalty to Acquire Vizsla Royalties, Securing Long-Life Royalty Exposure to the Panuco Silver-Gold Project: Elemental Royalty (royalty on Mercedes, Sonora)
  • Vizsla Silver appoints Former Senior Mexican Government Mining Official as Vice President, Government Relations: Vizsla Silver (Panuco, Sinaloa)
  • Regency Silver Corp. (TSXV: RSMX) Appoints Private Equity Fund Manager Alejandro Sucre to Board of Directors: Regency Silver (Dios Padre, Sonora)
  • Goldgroup Announces Nominees to Board in Connection with Proposed Business Combination with Gold Resource Corporation and Amends Arrangement Agreement: Goldgroup Mining (Cerro Prieto, Sonora)

ON SOCIAL RESPONSIBILITY

  • No Relevant News

On the image below: Epithermal quartz veining and pyrite in volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.

The Mining and Exploration News in Mexico; Highlights on the Third Week of April 2026

/ Gambusino Prospector / Leave a comment

By Jorge Cirett

During the 16th week of the year (April 13th to April 19th, 2026), companies working in Mexico released 22 press releases. Six companies informed on early-stage property work on their projects, seven companies presented quarterly and/or full-year 2025 reports and one received a drill quote. Reflecting the global capital markets turmoil, only one company updated on a financing round. Two companies presented PEA reports on their properties, another one re-assayed historic drill core, one more released drill results on its advanced project and one more presented consolidated MRE’s. One company is to change its financial’s reporting  and another one updated on legal issues. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, in Sonora, Tocvan is accelerating trenching and mine works at Gran Pilar; Questcorp Mining quickens exploration at La Unión; Algo Grande Copper prepares for drilling at Adelita. In Chihuahua, Centenario Gold initiates work at Los Reyes. In Oaxaca, EV Resources defines antimony system at Los Lirios and continues to advance the project.  ON MINING, Orla Mining, GoGold, Fuerte Metals, Impact Silver, Americas Gold and Silver, Santacruz Silver Mining and Fresnillo plc reported quarterly and/or yearly results. Mammoth Resources received a drill quote for Tenoriba, in Chihuahua. ON FINANCING, one company informed on a financing round. ON RESOURCES AND DEVELOPMENT, Silverco Mining released a PEA for the Cusi mine in Chihuahua. Mercado Minerals completed re-assaying of historic core at Copalito, in Sinaloa. Pacifica Silver reported drilling results from Claudia, in Durango. Sonora Gold updated the PEA on Cerro Caliche, in Sonora. Avino Silver & Gold announced consolidated MRE’s on La Preciosa and Avino, in Durango. ON DEALS AND CORPORATE ISSUES, Silver Dollar adopted semi-annual financial reporting. Silver Bull updated on its arbitration case against Mexico. ON SOCIAL RESPONSIBILITY, no relevant news.

ON MEXICO ISSUES

No Relevant News

ON EXPLORATION

  • Tocvan Mobilizes heavy Equipment at Gran Pilar to accelerate trenching and mine works: Tocvan Ventures (Gran Pilar, Sonora).
  • Questcorp Mining Accelerates Phase 2 Exploration at La Union Following New Gold Discovery: Questcorp Mining (La Unión, Sonora).
  • Centenario Announces Initial Work Starting at the Los Reyes Copper Gold Project in Chihuahua, Mexico: Centenario Gold Los Reyes, Chihuahua).
  • EV Resources Defines Large-Scale, Shallow CRD Antimony System at Los Lirios: EV Resources (Los Lirios, Oaxaca).
  • Algo Grande Begins Earthworks in Preparation for Phase II Drill Program at Adelita and Announces Grant of Options and Restricted Share Units: Algo Grande Copper (Adelita, Sonora)
  • Multiple Workstreams Advance EVR’s Antimony Hub Toward Near-Term Production: evresources (Los Lirios, Oaxaca).

ON MINING

  • Orla Mining Reports First Quarter 2026 Gold Production: Orla Mining. Produced 18,221 Oz Au at Camino Rojo, in Zacatecas
  • GoGold Announces Q2 2026 Parral Production: GoGold Resources (Parral, Chihuahua).
  • Fuerte Files Annual 2025 Financial Results Fuerte Metals
  • Impact Silver Announces Full Year 2025 Results with Record Revenue and Strong Cash Position: Impact Silver (Zacualpan, Estado de México; Plomosas, Chihuahua)
  • Americas Gold and Silver Corporation Announces New Record Quarterly Silver Production and Sales, Including 787,000 Ounces Produced and 830,000 Ounces Sold: Americas Gold and Silver (Cosalá, Sinaloa).
  • Santacruz Reports Q1 2026 Production of 1,341,499 Ounces of Silver and 21,640 Tonnes of Zinc, with Continued Recovery of Production at Bolivar Mine: Santacruz Silver Mining (Zimapán, Hidalgo).
  • Mammoth Receives Updated Drill Quote Illustrating Low US$1.70 per Gold Equivalent Ounce Cost to Drill Initial 500,000 Ounce Exploration Target at its Tenoriba, Gold-Silver Property, Mexico: Mammoth Resources (Tenoriba, Chihuahua).
  • Fresnillo plc – Annual Financial Report and Notice of AGM: Fresnillo plc (Fresnillo, Zacatecas; La Herradura, Sonora; San Julián, Chihuahua).

ON FINANCING

  • Vortex Metals Announces Extension of Non-Brokered Private Placement: Vortex Metals (Riqueza Marina and Zaachila, Oaxaca)

ON RESOURCES AND DEVELOPMENT

  • Silverco Mining Releases Robust PEA for the Cusi Mine Highlighting High-Margin, Low Capital Restart: Silverco Mining. Over 72.8 M Oz AgEq in M&I and inferred resources. (Cusi, Chihuahua).
  • Mercado Minerals Completes Historic Drill Core Re-Sampling and Re-Assaying Program at the Copalito Project: Mercado Minerals (Copalito, Sinaloa).
  • Pacifica Silver Reports Initial Phase II Drill Results at Claudia with Multiple High-Grade Intercepts at the Aguilareña Area: Pacifica Silver (Claudia, Durango).
  • Sonoro Files Updated Preliminary Economic Assessment for the Cerro Caliche Project : Sonoro Gold (Cerro Caliche, Sonora).
  • Avino Announces Inaugural Consolidated Mineral Reserves: Avino Silver & Gold Mines  (Avino and La Preciosa, Durango).

ON DEALS AND CORPORATE ISSUES

  • Silver Dollar Adopts Semi-Annual Financial Reporting: Silver Dollar Resources (La Joya, Durango).
  • Silver Bull Provides Update on its Arbitration Case Against Mexico and Voting Results of the Annual Meeting of Shareholders: Silver Bull Resources (Sierra Mojada, Coahuila).

ON SOCIAL RESPONSIBILITY

  • No Relevant News.

On the image below: Quartz veining, pyrite and specularite turning to hematite in volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.

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

/ Gambusino Prospector / Leave a comment

By Jorge Cirett

During the 14th week of the year (March 30th to April March 5th, 2026), companies working in Mexico released 25 press releases. Five companies informed on early-stage property work on four properties, four companies presented quarterly and/or full-year 2025 reports one provided 2026 guidance and one more provided Q1 2026 results. One Company updated on a financing round, another one informed on a revolving credit facility and one more announced trading on a new market. Three companies presented drilling results on their advanced projects and one more initiated drilling, one more announced increased resources and two more reported updated MREs.  One company is to change name. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, in Sonora, Tocvan Ventures encountered gold mineralization in RC drilling one km from the main zone at Gran Pilar; Questcorp Mining and Riverside Resources commenced phase II exploration at La Unión; Algo Grande Copper reported drilling results from Adelita. ON MINING, Americas Gold and Silver (Cosalá, Sinaloa), Golden Minerlas (sold Velardeña, Durango), Dyna Resource (San José de Gracia, Sinaloa) and Santacruz Silver presented full year 2025 results, while Alamos Gold (Santana, Sonora) provided Q1 2026 results. Royal Gold provided 2026 guidance. ON FINANCING, three companies informed on financing movements: Minera Alamos executed a term sheet for a US$75 M revolving credit facility. Silver Spruce Resources closed the C$739 K first tranche of a non-brokered private placement. Elemental Royalty is to commence trading on the Toronto Stock Exchange.  ON RESOURCES AND DEVELOPMENT, Americas Gold and Silver informed on drilling results at Cosalá, in Sinaloa. Minaurum Silver delivered drill results from the resource expansion drilling at Alamos Silver in Sonora. First Majestic Announced 2025 mineral resource estimates for Los Gatos (Chihuahua), Santa Elena (Sonora), San Dimas (Sinaloa) and La Encantada (Coahuila), for a consolidated 843 M Oz AgEq. Zacatecas Silver commenced drilling at its Zacatecas Silver project in Zacatecas. Southern Silver released drilling results from Cerro Las Minitas in Durango. Capitan Silver delivered results from RC drilling at Cruz de Plata in Durango. Aura Minerals Reported mineral resource estimates, with 246,400 Oz Au, 278.2 M Lb Cu, 7 M Oz Ag in reserves, 180,800 Oz Au, 185.3 M Lb Cu, 4.5 M Oz Ag in measured and indicated resources and 86,120 Oz Au, 104.9 M Lb Cu, 2,7 M Oz Ag in inferred resources. ON DEALS AND CORPORATE ISSUES, Axo Copper is to change name to Axo Metals. ON SOCIAL RESPONSIBILITY, no relevant news.

ON MEXICO ISSUES

No Relevant News

ON EXPLORATION

  • Tocvan Discovers New Gold-Silver Zone 1,600 Metres from Main Zone at South Block Gran Pilar; First Aggressive Step-Out Drilling Intersects Mineralization from Surface (Gran Pilar, Sonora): Tocvan Ventures
  • Questcorp Mining and Riverside Resources Commence Phase 2 Exploration Program at the La Union Project, Sonora, Mexico (La Unión, Sonora): Questcorp Mining
  • Riverside Resources and Questcorp Launch Phase 2 Exploration Program at La Union Project, Sonora, Mexico (La Unión, Sonora): Riverside Resources
  • Pacifica Silver Provides Exploration Update at Claudia Silver-Gold Project; Grants Incentive Stock Options (Claudia, Durango): Pacifica Silver
  • Algo Grande Reports Results from Completed Phase I Drill Program at Cerro Grande Skarn (Adelita, Sonora): Algo Grande Copper

ON MINING

  • Americas Gold and Silver Announces Strong Full-Year 2025 Results and 2026 Guidance with ~30% Annual Production Growth (Cosalá, Sinaloa): Americas Gold and Silver
  • Golden Minerals Reports Full Year 2025 Results (exited Mexico): Golden Minerals
  • DynaResource Reports Year End 2025 Results at the San Jose de Gracia Mine, Net Income for 2025 of $3.8 M, and Adjusted EBITDA for 2025 of $12.1 M (San José de Gracia, Sinaloa): DynaResource  
  • Royal Gold Provides 2026 Guidance and Five Year Outlook and Announces Further Debt Repayment and Publication of Asset Handbook (royalty on Cosalá, Sinaloa): Royal Gold
  • Santacruz Silver Reports Year End 2025 Financial Results (Zimapán, Hidalgo): Santacruz Silver Mining  
  • Alamos Gold Provides Notice of First Quarter 2026 Results and Conference Call, and Annual General Meeting of Shareholders (Santana, Sonora): Alamos Gold

ON FINANCING

  • Minera Alamos Moves to Strengthen Balance Sheet with Executed Term Sheet for US$75 Million Revolving Credit Facility from Scotiabank and National Bank (Cerro de Oro, Zacatecas): Minera Alamos
  • Silver Spruce Resources Inc. Announces Close of $739,250 First Tranche of Non-Brokered Private Placement and Extension (Pino de Plata, Chihuahua): Silver Spruce Resources
  • Elemental Royalty to Commence Trading on the Toronto Stock Exchange (Mercedes, Sonora): Elemental Royalty

ON RESOURCES AND DEVELOPMENT

  • Americas Gold and Silver Announces New Major Discoveries in Idaho and Mexico and a Strong 2025 Resource & Reserve Update including a 19% Year Over Year Increase in M&I Mineral Resources and 21% Increase in M&I Grades at Galena (Cosalá, Sinaloa): Americas Gold and Silver
  • Minaurum Drills High-Grade Silver on the Quintera Vein Zone at the Alamos Silver Project: 5.30 m of 570 g/t Ag, including 2.50 m of 1,024 g/t Ag and 5.80 m of 581 g/t Ag: Minaurum Silver
  • First Majestic Announces 2025 Mineral Reserve and Mineral Resource Estimates: First Majestic Silver
  • Zacatecas Silver Announces Drilling Commencement and Completion of First Hole at El Cristo: Zacatecas Silver
  • Southern Silver Intersects 4.6 metres Averaging 201g/t Ag, 4.5%Pb and 9.8%Zn (557g/t AgEq) at Cerro Las Minitas Project in Durango, México: Southern Silver Exploration
  • Capitan Silver Intersects 1,450.5 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 211.0 g/t Silver Equivalent over 41.1 Metres at the Cruz De Plata Project: Capitan Silver  
  • Aura Reports Updated Mineral Reserves and Mineral Resources For The YearEnded 2025, Highlighting year of Significant Growth in Mineral Reserve and Resource Portfolio: Aura Minerals

ON DEALS AND CORPORATE ISSUES

  • Axo Copper Announces Proposed Name Change to Axo Metals: Axo Copper  

ON SOCIAL RESPONSIBILITY

  • No Relevant News.

On the image below: Specularite, quartz-pyrite(-) and secondary hematite in chloritized volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.

The Mining and Exploration News in Mexico; Highlights on the Third Week of March 2026

/ Gambusino Prospector / Leave a comment

By Jorge Cirett

Since 2015 Miguel Heredia and I have published the weekly newsletter ‘The Mining and Exploration News in Mexico’. It has been a very rewarding  experience and we have learnt a lot in the process on Mexico and on the global mining industry. Although a pro-bono project, the previous format consumed a lot of time. We realized we could not keep reasonably doing this task in the same manner when recently had to put more than 10 hours in the week for producing the newsletter, while doing long hours on project work at the same time. To sustain this contribution, we are introducing a new, streamlined format with all the key mining activity in Mexico, with links to all the original press releases and sources. It is our intention to continue serving the industry as long as it remains fun and rewarding as it has been so far.    

During the 12th week of the year (March 16th to March 22nd, 2026), companies working in Mexico released 32 press releases. Four companies informed on early-stage property work, four more presented quarterly and/or full-year 2025 reports. Three companies updated on financing rounds/movements, another is not proceeding with a financing round and one more is to list in the OTCQB. Two companies presented drilling results on their advanced projects, while four more informed on their incoming drill programs. One company informed on development contracts while one more received a long awaited mining permit. Finally, one company received an economic update for its project.  ON MEXICO ISSUES, no relevant news. ON EXPLORATION, in Sonora, Questcorp Mining and Riverside Resources  completed the acquisition of key claims on La Union. In Durango, Pinnacle Silver and Gold discovered mineralization after a LiDAR survey at El Potrero. In Michoacán, Canadian Silver Hunter released assay results from surface sampling of stockpiles at an undisclosed project. ON MINING, Heliostar Metals (Ana Paula, Guerrero), Orla Mining (Camino Rojo, Zacatecas), Gold Resource (Don David, Oaxaca) and Elemental Royalty (royalty on Mercedes, Sonora) presented Q4 and/full year 2025 results. ON FINANCING, three companies informed on financing rounds/movements: Barksdale Resources (San Javier, Sonora) completed a shares for debt transaction of US$351 K and completed a private placement for C$763 K. Orogen royalties informed that the company will not proceed with the previously announced private placement. Silverco Mining commenced trading on the OTCQB.  ON RESOURCES AND DEVELOPMENT, Heliostar Metals reported drilling results from San Agustín, in Durango. Silver Tiger announced contracts for development engineering and management for El Tigre, in Sonora. Orla Mining received the environmental permit for the Camino Rojo project in Zacatecas. Southern Silver Exploration presented drill results from Cerro Las Minitas in Durango. Silverco Mining announced a 30,000 m drilling program at Cusi, in Chihuahua. Pacifica Silver announced the expansion to 20,000 m of the drill program at Claudia in Durango. Zacatecas Silver received the drilling permit for its Zacatecas Silver project in Zacatecas. Silver Dollar contracted 3,500 m of drilling for La Joya, in Durango. Royalties Inc. received an economic update for the Bilbao project in Zacatecas. ON DEALS AND CORPORATE ISSUES, Orex Minerals entered into a definitive share purchase agreement with Silver Viper Minerals and Fresnillo plc to sell Silver Viper the Coneto project in Durango, for US$15 M in shares. Azucar Minerals announced the change name to Mustang Minerals Ltd. (El Cobre, Veracruz). Xali Gold announced an appointment to the board. EV Resources secured a plant for antimony production (Los Lirios, Oaxaca). ON SOCIAL RESPONSIBILITY, no relevant news.

ON MEXICO ISSUES

ON EXPLORATION

  • Pinnacle Discovers Silver-Lead-Zinc Mineralization Following up on LiDAR Survey at El Potrero : Pinnacle Silver and Gold
  • Canadian Silver Hunter Announces Assay Results : Canadian Silver Hunter
  • Questcorp Mining and Riverside Resources Consolidate Key Mineral Concessions for the La Union Project in Sonora, Mexico : Questcorp Mining
  • Riverside Resources and Questcorp Consolidate Key Mineral Concession for Union Project, Sonora, Mexico : Riverside Resources 

ON MINING

  • Elemental Royalty to Release Q4 and Full Year 2025 Results on Tuesday, March 24, 2026 : Elemental Royalty
  • Gold Resource Corporation Reports Financial Results for the Year Ended December 31, 2025 : Gold Resource
  • Orla Mining Reports Fourth Quarter 2025 Financial Results : Orla Mining
  • Heliostar Presents Fiscal 2025 Financial Results : Heliostar Metals 

ON FINANCING

ON RESOURCES AND DEVELOPMENT

  • Pacifica Silver Expands Phase II Drill Program at Claudia to 20,000 m; Appoints Dr. Steven I. Weiss as Interim VP Exploration : Pacifica Silver
  • Silverco Mining Commences 30,000-Meter 2026 Drill Program at Cusi, Targeting Massive Step-Out Potential and Regional Blue-Sky Prospects : Silverco Mining
  • Silver Dollar Hires Versa for Diamond Drilling at Its La Joya Silver (Cu-Au) Project : Silver Dollar Resources
  • Heliostar Drills Multiple Gold Intercepts over 200 Metres From Pit Edge at San Agustin : Heliostar Metals2
  • Silver Tiger Awards Engineering Procurement and Construction Management Contract and Provides Construction Update : Silver Tiger Metals
  •  Orla Mining Receives Permits to Extend Operations in Mexico Supporting Company’s Long-Term Commitment to Camino Rojo : Orla Mining
  • Southern Silver Intersects 6.3 Metres Averaging 874g/t AgEq at Cerro Las Minitas Project in Durango, México : Southern Silver Exploration
  • Zacatecas Silver Receives Drill Permit for El Cristo, Supporting 2026 Drill Program Aimed at increasing Existing Silver Resource at the Zacatecas Silver Project : Zacatecas Silver
  • Royalties Inc. Receives Bilbao Project Economic Update : Royalties Inc

ON DEALS AND CORPORATE ISSUES

  • Silver Viper Minerals announced execution of definitive agreement to acquire the Coneto Silver-Gold Project: Silver Viper Minerals
  • Orex Minerals Inc. Announces Sale of the Coneto Silver-Gold Project to Silver Viper Minerals Corp. :  Orex Minerals
  • Azucar Minerals Ltd. Announces Change of Name to Mustang Minerals Limited : Azucar Minerals
  • Ms. Chafika Eddine joins Xali Gold Board of Directors : Xali Gold
  •  EVR Secures Plant To Fast Track Antimony Production : EV Resources

ON SOCIAL RESPONSIBILITY

  • No Relevant News.

On the image below: specularite, hematite, pyrite and chlorite on volcanosedimentary rocks, HQ core. Picture by Jorge Cirett.