Estado de México
Xali Gold to Present at the Moody Capital Solutions 2026 Conference
The Mining and Exploration News in Mexico; Highlights on the Third Week of August 2026

By Jorge Cirett
During the 34th week of the year (August 17th to August 23rd, 2026), 24 companies working in Mexico posted press releases. Four companies reported activities on early-stage properties. Six companies presented quarterly reports while one more informed on an illegal blockade. One company announced a financing round. One company filed a technical report, two more companies presented drilling results on advanced properties and one more announced a board appointment. Six companies presented news on deals and corporate issues. ON MEXICO ISSUES, Mexico has lost four years on the development of its lithium industry. ON EXPLORATION, In Sinaloa, Mercado Minerals completed its maiden drill program at Copalito. In Durango, Pinnacle Silver and Gold reported underground drilling results at Potrero; Pacifica Silver obtained a drilling permit for its Claudia project. In Oaxaca, EV Resources further defines antimony bearing veins. ON MINING, Starcore International Mines, Luca Mining, Santacruz Silver, Mining Americas, Impact Silver and Dyna Resource presented quarterly reports. Endeavour Silver informed on an illegal blockade to its Terronera mine in Jalisco. ON FINANCING. Silver Storm Mining announced a C$7.5 M private placement. ON RESOURCES AND DEVELOPMENT, Mithril Silver and Gold filed a technical report on Copalquín, in Durango. Goldgroup Mining released results from drilling at its Don David mine in Oaxaca. Oroco Resource presented its case for an improving permitting process in Mexico. Kingsmen Resources presented drilling results for Las Coloradas, in Chihuahua. ON DEALS AND CORPORATE ISSUES, GR Silver adopted an advance notice policy. Madoro Metals updated on its reverse takeover transaction. Royalties Inc. demanded production evidence from the Cozamín mine in Zacatecas. Vortex Metals made two appointments and informed on a services agreement. Silver Dollar announced AGM results. Newmont announced an appointment to the board. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
- Mexico has lost four years to develop it lithium industry, according to specialists. Lithium -El Imparcial
ON EXPLORATION
- Pinnacle Provides First Results from Underground Drilling Program at El Potrero; Samples up to 59.2 g/t Au and 424 g/t Ag with Visible Gold: Pinnacle Silver and Gold (El Potrero, Durango)
- Mercado Minerals Provides Summary of Copalito Drill Program, Highlights New Renata Vein and Phase II Exploration Plans: Mercado Minerals (Copalito, Sinaloa)
- Pacifica Silver Secures 491 New Drill Pad Sites and Expands 2026 Drill Program to 30,000 Metres: Pacifica Silver (Claudia, Durango)
- EV Resources, Four New Antimony Feeder Vein Systems Confirmed at Los Lirios – Resource Expansion Potential: EV Resources (Los Lirios, Oaxaca)
ON MINING
- Endeavour Silver Reports an Illegal Blockade and Suspension of Operations at its Terronera Mine: Endeavour Silver (Terronera, Jalisco)
- Starcore Reports First Quarter Production Results: Starcore International Mines (San Martín, Querétaro)
- Luca Mining Corp. reports $10.5 Million of Net Earnings in Q2: Luca Mining (Campo Morado, Guerrero)
- Santacruz Silver Reports Second Quarter 2026 Financial Results: Santacruz Silver (Zimapán, Hidalgo)
- Mining Americas Reports Q2 2026 Financial and Operating Results: Mining Americas (Santana, Sonora)
- IMPACT Silver Reports Q2 2026 Results: Revenue Increased by 124%, Gross Profit up 756%on Silver Leverage, Higher Grades: Impact Silver (Plomosas, Chihuahua)
- Endeavour Silver Provides Update on Blockade at its Terronera Mine: Endeavour Silver (Terronera, Jalisco)
- DynaResource Reports Q2 2026 Results at the San José de Gracia Mine: DynaResource (San José de Gracia, Sinaloa)
- Endeavour Silver Announces Removal of Blockade at its Terronera Mine: Endeavour Silver (Terronera, Jalisco
ON FINANCING
- Silver Storm Announces $7.5 Million Non-Brokered Private Placement with Eric Sprott: Silver Storm Mining (La Parrilla, Durango)
ON RESOURCES AND DEVELOPMENT
- Mithril Silver & Gold Announces Filing of Technical Report: Mithril Silver and Gold (Copalquín, Durango)
- Permitting Progress in Mexico: What It Means for Santo Tomás: Oroco Resource (Santo Tomás, Sinaloa)
- Goldgroup Reports Selected Drill Results Highlighting Growth Potential at Don David: Goldgroup Mining (Don David, Oaxaca)
- Kingsmen Drills 1.40 Metres of 433 g/t AgEq (239 g/t Ag) at Las Coloradas, Expanding a High-Grade Silver Zone Open at Depth and Along Strike: Kingsmen Resources (Las Coloradas, Chihuahua)
ON DEALS AND CORPORATE ISSUES
- GR Silver Adopts an Advance Notice Policy: GR Silver (Plomosas, Sinaloa)
- Madoro Metals, Update on Reverse Takeover Transaction: Madoro Metals (Cerro Minas, Oaxaca)
- Royalties Inc. Escalates Criminal Investigation by Formally Demanding Production Evidence at the Cozamin Mine: Royalties Inc. (Cozamin, Zacatecas)
- Vortex Metals Engages Global Frontier Advisors and Appoints Ambassador Roberta Jacobson and Ambassador James Story to Advisory Board: Vortex Metals (Riqueza Marina, Oaxaca)
- Silver Dollar Resources Announces AGM Results and Provides Operational Update: Silver Dollar Resources (La Joya, Durango)
- Newmont Appoints Peter Beaven to Board of Directors: Newmont Corp. (Peñasquito, Zacatecas)
ON SOCIAL RESPONSIBILITY
- No Relevant News
On the image below: Deformed dikelet in northern Sonora. Picture by Jorge Cirett

IMPACT Silver Reports Q2 2026 Results:Revenue Increased by 124%, Gross Profit up756% on Silver Leverage, Higher Grades
Gobierno da 12 títulos de concesión a Industrias Peñoles y Minera Fresnillo; Economía aclara que no son nuevas
La Secretaría de Economía (SE) entregó otros 12 títulos de concesión, ahora a Minera Fresnillo e Industrias Peñoles para explorar y explotar yacimientos de oro, plata y otros minerales en Chihuahua, Durango, Jalisco, Sonora, Estado de México y Guerrero.
………
La Secretaría de Economía (SE) entregó otros 12 títulos de concesión, ahora a Minera Fresnillo e Industrias Peñoles para explorar y explotar yacimientos de oro, plata y otros minerales en Chihuahua, Durango, Jalisco, Sonora, Estado de México y Guerrero.
…………..
Minera San Julián obtuvo cinco títulos de concesión para explorar y extraer minerales en la mina Ceniza U en Guadalupe y Calvo, así como en los lotes Corona y Coroma Dos en Uruachi, y en el yacimiento de la Barranca en Urique, Chihuahua.
Adicionalmente, a la filial de Minera Fresnillo le dieron luz verde para que trabaje en el lote de
Buenavista, en Guanaceví, Durango. Cada título tiene una vigencia de 50 años.
A Minera Saucito le dieron el título de concesión del lote Chinampas II RI 50 en Ojuelos de Jalisco, así como la mina Jamaica RI en Hostotipaquillo, Jalisco.
…………
Secretaría de Economía aclara que no son nuevas concesiones sino regularización y reorganización de las mismas
La Unidad de Coordinación de Actividades Extractivas (UCAE) informó a Forbes México que los 12 títulos de concesión a Industrias Peñoles y Minera Fresnillo no corresponden a nuevas concesiones mineras, sino a la regularización y reorganización de concesiones previamente existentes, mediante procedimientos de reducción, división y unificación de superficies.
Puede leer el texto completo en la fuente: https://forbes.com.mx/gobierno-da-12-titulos-de-concesion-a-industrias-penoles-y-minera-fresnillo/
Mexico’s Best Lead and Zinc Drilling Intercepts, Second Quarter 2026
Thirteen companies released lead and/or zinc results from fourteen drilling programs in Mexico during the second quarter of 2026. The best results for both lead and zinc come from a volcanogenic massive sulfides (VMS) deposit: Luca Mining’s Campo Morado mine in Guerrero, with a core length interval of 100.70 m averaging 0.7% Pb, 2.6% Zn.
Eight of the twelve properties present intermediate sulfidation epithermal mineralization, including Copalito, Tahuehueto, Zacatecas Silver, San Marcial-Plomosas, Zacualpan, Cruz de Plata, Gavilanes and Alamos Silver. Gran Pilar also displays intermediate sulfidation epithermal mineralization, probably distal to a porphyry copper system. The Claudia project in Durango presents mainly low sulfidation epithermal mineralization, but the intervals here included represent some intermediate sulfidation mineralization. Cerro Las Minitas, Cosalá and La Parrilla can be described as skarn and carbonate replacement systems, the latter presenting also intermediate sulfidation mineralization.
To note is that eleven of the fourteen properties with reported lead-zinc intercepts are localized in only three adjacent states: Sonora, Sinaloa and Durango.

Sierra Madre Receives Permit to Start East District Exploration Drilling
Mexico’s Best Copper Drilling Intercepts, Second Quarter 2026
Nine companies released copper results from ten drilling programs in Mexico during the second quarter of 2026. The best copper intercept is, as in the first quarter, from Luca Mining’s drilling at Campo Morado in Guerrero, with 118.2 m averaging 0.76% Cu. The underground diamond drilling results are from the Largo Norte Zone, which “… is a large, 650m long, consistent mineralized VMS body that dips shallowly to the south and ranges from 20 to 60 meters in thickness”.
Intermediate sulfidation epithermal systems represent 50% of the reported copper result, although all in the bottom half of the table. Alamos Silver, Tahuehueto, Zacualpan, Gavilanes and Gran Pilar (this one as a distal part of a porphyry copper system) fall into this category. Santo Tomás is the only porphyry copper deposit with published results, Dios Padre is a strongly zoned Au-Cu-Ag breccia related to a porphyry copper system whereas Adelita can be defined as a skarn distal to a porphyry copper system. Cosalá presents skarn and carbonate replacement (CRD) mineralization.
Looking at a table like this one it is no apparent that over 80% of the copper produced in Mexico comes from porphyry copper deposits, with the bulk of it originating on the Buenavista del Cobre and La Caridad mines in Sonora.

Mexico’s Best Silver Drilling Intercepts, Second Quarter 2026
Nineteen companies released silver results from twenty drilling programs in Mexico during the second quarter of 2026. The highest silver intercept is from GRSilver Mining at the San Marcial deposit within its extensive Plomosas project in Sinaloa, with an impressive 45 m intercept averaging over 1,600 gpt Ag. The interval includes an 8.6 m subinterval over 8,600 gpt Ag on this step-out hole that intercepted the chlorite-hematite rich breccia in the contact between a Jurassic volcanosedimentary unit and Oligocene volcanic rocks. The multi-stage hydrothermal breccias present are overprinted by polymetallic intermediate sulfidation epithermal mineralization.
Over sixty percent of the projects in this table correspond either to intermediate or low sulfidation epithermal mineralization systems. The more numerous are those of intermediate sulfidation affinity, including San Marcial, Cruz de Plata, Zacualpan, Gavilanes, Coplaito, Alamos Silver, Zacatecas Silver, Tahuehueto, Low sulfidation epithermal systems in the list comprise Copalquín, Terronera and Claudia, while La Colorada (Sonora) adscription remains debatable. Gran Pilar presents characteristics of intermediate sulfidation epithermal affinity, distal to a porphyry copper system.
The rest of the properties display some of the variety of silver mineralization in the country. Cosalá and Cerro Las Minitas present skarn and carbonate replacement (CRD) mineralization styles, while La Parrill adds intermediate sulfidation epithermal mineralization to that mix and Adelita is a skarn distal to porphyry copper style intrusions. Campo Morado is the only volcanogenic massive sulfides (VMS) property in the table and Santo Tomás is the only porphyry copper deposit. Dios Padre is a strongly zoned breccia associated with porphyry copper style intrusions.
By State, Durango has seven entries in the table, Sonora five and Sinaloa four, while Estado de México, Guerrero, Jalisco and Zacatecas have one each.

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

By Jorge Cirett
During the 26th week of the year (June 22nd to June 28th, 2026), 23 companies working in Mexico posted press releases. As you can see below, the markets are hardly making investments in mining right now and companies are now making deals, rearranging and preparing. Not a single company informed on early-stage property work. One company reached a labor pay agreement, another secured land access and one more mobilized an underground mining crew. One company announced its IPO. Two companies released drill results on their properties while one more received a drilling permit. One company is advancing a mine restart plan and another one received construction permits for two underground operations. Thirteen companies presented news on deals and corporate issues. ON MEXICO ISSUES, no relevant news. ON EXPLORATION, no relevant news. ON MINING, Orla Mining reached an agreement on a bonus for its workforce. Silverco Mining mobilized underground contractors at Cusi in Chihuahua. Equinox Gold secured land access to Los Filos in Guerrero (production was halted back in April 2025 by the lack of it). ON FINANCING. Sinda Ltd. launched its IPO on NYSE. ON RESOURCES AND DEVELOPMENT, Capitan Silver received a key drill permit for Cruz de Plata in Durango. Zacatecas Silver increased the resource at Esperanza, in Morelos. Luca Mining released assays from drilling at Campo Morado in Guerrero. Goldgroup Mining is advancing on the restart of the San Francisco mine in Sonora. Heliostar Metals announced drilling results from Ana Paula in Guerrero. First Majestic received the drilling permits for the Navidad and Santo Niño underground operations at Santa Elena in Sonora. ON DEALS AND CORPORATE ISSUES, Sierra Madre and First Majestic closed the Del Toro mine acquisition in Zacatecas. Discovery Silver, Americas Gold and Silver, Sierra Madre Gold and Silver and Minera Alamos released AGM results. Equinox Gold and Orla Mining updated on inner proceedings regarding their merger. Canasil is to change name to Canadian Silver. Minera Alamos formalized its name change to Mining Americas. Silver Spruce Resources disclosed board changes. Mustang Minerals sells El Cobre, in Veracruz. Frontera Copper and Kupari Investments set Piedras Verdes mine in Sonora for sale. ON SOCIAL RESPONSIBILITY, Equinox Gold published its 2025 sustainability report (Los Filos, Guerrero).
ON MEXICO ISSUES
- No Relevant News
ON EXPLORATION
- No Relevant News
ON MINING
- Orla Mining Reaches Agreement on Camino Rojo Productivity Bonus: Orla Mining (Camino Rojo, Zacatecas)
- Silverco Mobilizes Underground Mining Contractors at Cusi Property: Silverco Mining (Cusi, Chihuahua)
- Equinox Gold Secures Long-Term Land Access Agreements with All Three Communities at Los Filos Mine, Planning and Technical Work Underway to Support Mine Restart and Annual Production Expansion: Equinox Gold (Los Filos, Guerrero)
ON FINANCING
- Sinda Ltd. Announces Launch of its Initial Public Offering: Sinda (Caracol, Guanajuato)
- Minera Sinda debuta en el NYSE: Sinda (Caracol, Guanajuato)
ON RESOURCES AND DEVELOPMENT
- Capitan Silver Receives Key Drill Permit for the Cruz De Plata Project and Commences Drilling on Untested High-Priority Regional Targets: Capitan Silver (Cruz de Plata, Durango)
- Zacatecas Silver Announces 21% Increase in High-Grade Heap-Leach Updated Gold Mineral Resource at the Esperanza Gold Project to 1.15 Moz AuEq from 45.4 Mt at 0.79 g/t – Grades Above Global Heap-Leach Average & Highest Grades at Surface: Zacatecas Silver (Esperanza, Morelos)
- Luca Intersects 28.4 m of 2.3 g/t gold, 135 g/t silver, 0.6% Copper, 1% Lead, and 3.7% Zinc at the El Rey Zone, Campo Morado Mine: Luca Mining (Campo Morado, Guerrero)
- Goldgroup Advances San Francisco Restart Plan with Engagement of Leading Mining Contractor Inpromine Goldgroup Mining (San Francisco, Sonora)
- Heliostar Expands Expansion Zone and Drills 99.8 Metres Grading 10.9 g/t Gold at Ana Paula: Heliostar Metals (Ana Paula, Guerrero)
- First Majestic Receives Construction Permits for Santo Niño and Navidad; Advances Development Across the Santa Elena District: First Majestic Silver (Santa Elena, Sonora)
ON DEALS AND CORPORATE ISSUES
- Sierra Madre and First Majestic Announce Closing of Acquisition of the Del Toro Silver Mine for up to US$60M: Sierra Madre Gold and Silver (La Guitarra, Estado de México)
- Discovery Announces Annual General and Special Meeting Results Discovery Mining (Cordero, Chihuahua)
- Silver Spruce Resources, Inc. Adds Mine Production Knowledge to the Board: Silver Spruce Resources (Pino de Plata, Chihuahua)
- Americas Gold and Silver Corporation Announces Election of Directors and Annual Meeting Results: Americas Gold and Silver (Cosalá, Sinaloa)
- Sierra Madre Announces AGM Results: Sierra Madre Gold and Silver (La Guitarra, Estado de México)
- Orla Mining Announces Receipt of Interim Order and Filing and Mailing of Meeting Materials for Special Meeting of Shareholders to Approve the Arrangement with Equinox Gold Corp. Orla Mining (Camino Rojo, Zacatecas)
- Equinox Gold Announces Filing and Mailing of Meeting Materials for the Special Meeting of Shareholders to Approve Business Combination with Orla Mining: Equinox Gold (Los Filos, Guerrero)
- CANASIL Resources Inc. Proposes Name Change to ‘Canadian Silver Corp.’: Canasil Resouces – Canadian Silver (Caracol, Guanajuato)
- Silver Spruce Resources, Inc. Adds Mining, Energy, and Finance Development Expertise to the Board and Announces Director Resignation Silver Spruce Resources (Jackie, Sonora)
- Minera Alamos Announces Annual General and Special Meeting Results and Changes Name to Mining Americas Inc.: Minera Alamos – Mining Americas (Santana, Sonora)
- Mustang Announces Sale of El Cobre Copper-Gold Porphyry Project: Mustang Minerals (El Cobre, Veracruz)
- Frontera y Kupari Anuncian el Inicio del Proceso de Venta Estratégica del Complejo Minero de Cobre de Propiedad Conjunta Piedras Verdes en Sonora, México Frontera Copper and Kupari Investments (Piedras Verdes, Sonora)
ON SOCIAL RESPONSIBILITY
- Equinox Gold Publishes 2025 Sustainability Report: Equinox Gold (Los Filos, Guerrero)
On the image below: Chlorite alteration in volcanosedimentary rocks and silicification halos to quartz veining, HQ core. Picture by Jorge Cirett
