News Releases

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

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Five companies announced results from diamond drilling campaigns at five properties in Mexico during the week.

Coeur Mining updated on its exploration activities at the Palamrejo mine, in Chihuahua, and Las Chispas mine, in Sonora. “At Palmarejo, the exploration program continues to focus on accelerating the Eastern District resource growth and building resources along the Main Trend.” At Las Chispas, “The previously underxplored Gap Zone between the Babicanora and Las Chispas Blocks continues to emerge as a key growth corridor…” Both properties present low sulfidation epithermal mineralization.

Silver Viper Minerals announced drill results from nine infill holes from El Rubi deposit at its La Virgina project in Sonora. Mineralization at the property presents characteristics of low sulfidation epithermal systems, locally displaying more intermediate sulfidation affinity.

Defiance Silver provided an update on current drilling at the Zacatecas project, in Zacatecas. The results come from the San Acacio zone and are part of the campaign to produce an upcoming mineral resource estimate (MRE). The project displays intermediate sulfidation epithermal mineralization.

Silver Storm Mining announced drill results from the San Marcos zone at La Parrilla mine in Durango. “The San Marcos zone is comprised of quartz-carbonate vein mineralization, striking north-northwest and dipping 60 degrees to the northeast, hosted within a fault zone marking the eastern contact of the granodiorite stock. The zone has a known strike length of approximately 650 m and a thickness of up to 17 m, with mineralization extending vertically for 450 m. The system at La Parrilla presents characteristics of skarn, carbonate replacement deposits (CRD) and intermediate sulfidation epithermal mineralization.

Kingsmen Resources reported the first assays from drilling at Las Coloradas property in Chihuahua. “The Las Coloradas Project (8.5 km² – 3.3 sq. miles) represents a consolidation of a historic mining district which covers numerous silver-gold-lead-zinc-copper mines previously exploited by ASARCO (American Smelting and Refining Company), the U.S.-based subsidiary of Grupo Mexico”. Mineralization at the site presents characteristics of intermediate sulfidation epithermal systems.  

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

Mexico’s Best Drilling Intercepts, Third Week of July 2026

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Two companies announced results from diamond drilling campaigns in Mexico during the week. The third company included in the table below published results past week that were not included in the respective weekly compilation

Torex Gold presented results from drilling at its Morelos Complex in Guerrero. The company’s 2026 program includes 62,500 m of drilling for the Media Luna Cluster focusing on growing resources and offsetting depletion, with a further 36,000 m targeting ELG Underground to offset depletion, grow mineral reserves, and expand resources within the main mineralized trends. “The Media Luna Cluster and ELG Underground are located within the Morelos Complex, both of which are hosted within the Mesozoic carbonate-rich Morelos Platform, overlayed by Cuautla and Mezcala formations and have been intruded by Paleocene stocks, sills, and dikes of granodioritic to tonalitic composition…. The mineral assemblage is characterized by pyroxene, garnet, and magnetite. Metal deposition occurred during hydrated minerals alteration and is associated with a mineral assemblage comprising of amphibole, phlogopite, chlorite, and calcite ± quartz ± epidote as well as variable amounts of magnetite and sulfides, primarily pyrrhotite”. Gold occurs as free gold and was deposited after the chalcopyrite bearing calc-silicate alteration.

Advance Metals provided an update on drilling progress at the Gavilanes project in Durango. “The latest results provide further evidence that Gavilanes may represent a multi-stage telescoped mineralising system with geological similarities to the nearby San Dimas district. At San Dimas, mineralisation is interpreted to reflect several superimposed events, including an early Cretaceous copper-gold porphyry event overprinted by later silver-dominant and then gold-dominant epithermal vein systems”. The project presents mineralization with intermediate sulfidation epithermal characteristics.

Minaurum Silver reported las week results from drilling on the Europa, Quintera, Travesía, and San José vein zones at its Alamos Silver project in Sonora. The drilling is part of the Phase II 50,000 m resource expansion program at the site. The Alamos Silver project displays Intermediate sulfidation epithermal mineralization.  

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