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

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)
  • Coeur Mining to Join S&P MidCap 400 Index: Coeur Mining (Las Chispas, Sonora)
  • Elemental Royalty Announces Normal Course Issuer Bid Elemental Royalty (royalty on Mercedes, Sonora)
  • Sailfish Royalty Declares Q2 2026 Dividend: Sailfish Royalty (Royalty on Gavilanes, Durango)
  • 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)
  • Kootenay Reports Incident at Columba Silver Project: Kootenay Silver (Columba, Chihuahua)
  • 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)
  • Luca Mining Provides Operations and Corporate Update: Luca Mining (Campo Morado, Guerrero)
  • First Majestic Announces Voting Results from 2026 Annual General Meeting First Majestic Silver (San Dimas, Durango)
  • Galore Provides Corporate Update on Dos Santos Project, Concessions, Legal Developments, Concession Regularization and Shareholder Financing: Galore Resources (Dos Santos, Zacatecas)
  • Capitan Silver Announces Results of Annual General and Special Meeting of Shareholders: Capitan Silver (Cruz de Plata, Durango)

ON SOCIAL RESPONSIBILITY

  • Santacruz Silver Announces Publication of 2025 Sustainability Report for Mexican Operations Santacruz Silver Mining  (Zimapán, Hidalgo)

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

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.

Mexico’s Best Copper Drilling Intercepts, First Quarter 2026

Eight companies released copper results from drilling programs in Mexico during the first quarter of 2026. The best copper intercept is from Luca Mining’s drilling at Campo Morado in Guerrero, with 135.7 m averaging 0.88% Cu. The underground diamond drilling results are from the Largo Norte Zone, near current mining operations in this volcanogenic massive sulfides deposit (VMS).

For a short table like this one it is striking the diversity of mineralization styles present. The most common deposit type is intermediate sulfidation epithermal, of which there are three examples at the lower end: Tahuehueto, La Colorada (Zacatecas) and Alamos Silver. Mineralization at La Huerta is described as of iron-oxide-copper-gold (IOCG) affinity, Cerro Las Minitas presents skarn and carbonate replacement mineralization, whereas Adelita can be defined as a skarn distal to a porphyry copper system, and Dios Padre as a strongly zoned Au-Cu-Ag breccia related to a porphyry copper system.  

#Mexico #Mining #Exploration #Drilling Copper