non-brokered private placement
The Mining and Exploration News in Mexico: Highlights on the Second Week of October, 2026

Quartz-Sericite Vein
By Miguel A Heredia
During the 41th week of the year (October 5 to October 11, 2026), at least 27 press releases were issued by companies operating in Mexico. Of these, eleven related to deals and corporate matters, six reported production results, five covered resource and development updates, three announced financial activities, one presented exploration results, and one addressed Mexican-related issues ON MEXICO ISSUES, Oroco Resource reported the best drilling intercepts in Mexico on the first week of October, 2026 ON EXPLORATION, In Sonora, Algo Grande announced that laboratory measurements show that mineralized skarn at Cerro Grande is denser and more chargeable than the host rock tested, for which it has engaged GEOTEM Ingeniería to complete a ground gravity survey to test targets already identified and generate others. ON MINING, Torex Gold reported preliminary Q3, 2026 production results. Teck announced that it will release its Q3, 2026 earning results on October 29, 2026. Pan American announced that its Q3, 2026 unaudited financial results will be released on November 4, 2026. First Majestic, Endeavour Silver, and Aura Minerals reported Q3, 2026 production results. ON FINANCING, Talamore announces shareholder approval of financing and timing of warrant early exercise incentive program. Silver Valley Metals announced a non-brokered private placement for gross proceeds of up to CAD$ 2.4M. Silver Tiger filed a final prospectus in connection with a bought deal public offering for gross proceeds of CAD $87M. ON RESOURCES AND DEVELOPMENT, Discovery Mining received the environmental impact assessment permit and the change of land use permit from SEMARNAT for its Cordero project in Chihuahua, and positions positioning the company to advance towards development. Silver Dollar provided an update on the exploration drill program at its La Joya project, Durango. Starcore identified four priority geophysical exploration targets at its San Martin mine in Queretaro. Oroco reported assay results from its Phase 2 resource drilling program at Santo Tomas project in Sinaloa. Guanajuato Silver announced that it has completed a 267m-long underground production ramp connecting the San Ignacio mine with the Bolañitos mine in Guanajuato. ON DEALS AND CORPORATE ISSUES, Heliostar announced that its common shares will commence trading on the Toronto Stock Exchange effective at market open on October 7, 2026. Zacatecas Silver entered into an option agreement with Guanajuato Silver to acquire a 100% interest in the Lourdes project in Guanajuato. Silver Bull provided an update on its efforts to restore clear legal ownership on the Sierra Mojada project in Coahuila. Altius Minerals filed an early warning report with respect to previously acquired common shares of TNR Gold Corp. Colibri provided clarification Q2 interim filings posted on SEDAR on August 31, 2026. Pantera Silver provided an update on annual financial filings and cease trade order. Teck has been named to the Forbes World’s Top Companies for Women 2026 list. Pan American announced the resignation of one of its Directors. Kingsmen entered into a service agreement with Resource Stock for marketing services. Vizsla reported voting results of its annual general meeting of shareholders. ON SOCIAL RESPONSIBILITY, No relevant news.
ON MEXICO ISSUE
- Oroco Resource reported the best drilling intercepts in Mexico on the first week of October, 2026: Gambusino Prospector Mexico
ON EXPLORATION
- Algo Grande Copper Core Testing Shows Mineralized Skarn Is Denser and More Chargeable Than Host Rocks; Ground Gravity Survey to Begin at Adelita: Algo Grande Copper Corp
ON MINING
- Torex Gold Reports Q3 2026 Production Results: Torex Gold Resources Inc
- Teck to Release Third Quarter 2026 Results on October 29, 2026: Teck Resources Limited
- Pan American Silver to Announce Third Quarter 2026 Unaudited Financial Results: Pan American Silver Corp
- First Majestic Reports Q3 2026 Production Results, Announces Q3 Conference Call Details and Renewal of Share Repurchase Program: First Majestic Silver Corp
- Endeavour Silver Produces 2,096,545 Oz Silver and 10,126 Oz Gold, for a total of 3.6 Million Silver Equivalent Oz in Q3 2026: Endeavour Silver Corp
- Aura Announces Preliminary Record High Production in Q3 2026 and 9M 2026 Production Results: Aura Minerals Inc
ON FINANCING
- Talamore Announces Shareholder Approval of Financing and Timing of Warrant Early Exercise Incentive Program: Talamore Mining Corp
- Silver Valley Metals Announces $2.4Million Non-Brokered Private Placement Financing: Silver Valley Metals Corp
- Final Short Form Prospectus Accessible on SEDAR+: Silver Tiger Metals Inc
ON RESOURCES AND DEVELOPMENT
- Discovery Announces Receipt of Key Environmental and Land Use Permits for Cordero Project: Discovery Mining Ltd
- Silver Dollar Provides Update on Exploration Drilling at its La Joya Silver (Cu-Au) Project: Silver Dollar Resources Inc
- Starcore Identifies Four Priority Geophysical Exploration Targets at San Martin and Makes Progress on the Structural Model to Define Drilling Targets: Starcore International Mines Limited
- Oroco Drills 234.6 Meters of 0.52% CuEq at Santo Tomás: Oroco Resource Corp
- Guanajuato Silver Completes San Ignacio to Bolañitos Connection Tunnel: Guanajuato Silver Company Ltd1
ON DEALS AND CORPORATE ISSUES
- Heliostar Announces Graduation to TSX: Heliostar Metals Ltd
- Zacatecas Silver Signs Option to Acquire the Lourdes Gold-Silver Project from Guanajuato Silver: Zacatecas Silver Corp
- Guanajuato Silver Enters Option Agreement on Its Lourdes Property in Mexico: Guanajuato Silver Company Ltd
- Silver Bull Provides Update on Sierra Mojada: Silver Bull Resources Inc
- Altius Minerals Corporation Files Early Warning Report: Altius Minerals Corporation
- Colibri Resource Corporation Provides Clarification Regarding Q2 Interim Filings: Colibri Resource Corporation
- Pantera Silver Provides Update on Annual Financial Filings and Cease Trade Order: Pantera Silver Corp
- Teck Named to Forbes World’s Top Companies for Women 2026 List: Teck Resources Limited
- Pan American Silver Announces Director Resignation: Pan American Silver Corp 1
- Kingsmen Engages Resource Stock Digest for Marketing Contract: Kingsmen Resources Ltd
- Vizsla Silver Announces Results of Annual General and Special Meeting: Vizsla Silver Corp
ON SOCIAL RESPONSIBILITY
- No relevant news
Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.
On the picture below, a quartz-sericite vein in an epithermal vein system in a project in Chihuahua, Mexico. Photo taken by Miguel A Heredia.

Pinnacle Closes Second and Final Tranche of Private Placement
MADORO METALS CORP. PROVIDES UPDATE ON PROPOSED REVERSE TAKEOVER WITH NARROW RIVER RESOURCES
The Mining and Exploration News in Mexico: Highlights on the Second Week of September, 2026

Brochantite
By Miguel A Heredia
During the 37th week of the year (September 07 to September 13, 2026), at least 32 press releases were issued by companies operating in Mexico, and 1 news published by the media. Of these, twelve related to deals and corporate matters, ten covered resource and development updates, seven presented exploration results, two announced financial activities, one addressed Mexican-related issues, and one reported social issues. ON MEXICO ISSUES, Two alleged members of Los Chapitos arrested for the kidnapping of 10 miners in Sinaloa. ON EXPLORATION, In Sonora, Riverside and its JV Partner Questcorp released assay results from the Phase 2A 2026 core drilling program at the Union project, Zacatecas Silver reported assay results from the second phase of rock chip sampling at its Oso Negro project, Algo Grande announced drill results from its Adelita project, and Tocvan confirmed gold mineralization along El Mezquite trend at its Gran Pilar project. In Nayarit, Miravalles Gold filed an independent technical report for its Fairfield project. In Durango, Pinnacle announced that its ongoing drilling program at El Potrero project has confirmed and extended the previously announced high-grade gold-silver mineralization at the historic Pinos Cuates mine. ON MINING, No relevant news. ON FINANCING, DynaResource received USD $4M in IVA tax refund. Goldgroup announced a non-brokered private placement for gross proceeds of up to USD $75M. ON RESOURCES AND DEVELOPMENT, Luca Mining released new assay results from its ongoing drill program at the Tahuehueto project, Durango. Zacatecas Silver announced drill assays from El Cristo drill program in Zacatecas. GR Silver reported that its ongoing 20,000m drill program at San Marcial project, Sinaloa continues to deliver significant drill intercepts confirming extension of mineralization beyond the current mineral resource estimate area. Goldgroup reported strong assay results of the six first drillholes from its ongoing 26,000m drill campaign at its San Francisco mine, Sonora. First Majestic announced positive results from its ongoing 2026 drilling program and expands exploration footprint at San Dimas project Durango. Defiance Silver provided the results on the drilling campaign on the San Acacio resource drilling program on the Zacatecas project. Oroco reported the fourth batch of assay results from its Phase 2 resource drilling program at its Santo Tomas project in Sinaloa. Sierra Madre announced that the twin diesel electric generators have been installed at La Guitarra mine in the State of Mexico. Silver Tiger reported exploration results for the 2026 summer program at its El Tigre project in Sonora. Goldgroup provided an overview of its Oaxaca mining operations and regional land package. ON DEALS AND CORPORATE ISSUES, Starlo Ventures entered into a binding letter of intent to acquire a 100% interest in and to the Margarita project, Chihuahua. Discovery Mining announced the appointment of William Shaver to the Board of Directors, as well as a number of senior appointments and executive promotions. Santacruz received conditional approval from the Toronto Stock Exchange to list its common shares. Americas Gold and Silver, Avino, and Discovery Mining announced that they have been named to the 2026 TSX30™, the Toronto Stock Exchange’s annual ranking of the 30 top-performing companies based on dividend-adjusted share price performance over a three-year period. Elemental Royalty received approval from Mexico´s antitrust agency with respect to the acquisition of Vizsla Royalties. Guanajuato Silver appointed Colin Bower as Chief Operating Officer. Regency Silver agreed to acquire a 100% interest in the past producing Jabali Gold project, Sonora. GR Silver granted stock options to certain directors, officers, employees, and consultants. Apollo Silver announced a community assembly at which members of the Ejido are expected to vote on lifting the moratorium on mineral exploration and development affecting lands which include the Cinco de Mayo project, which is expected to be held on September 20, 2026. Mining Americas changed its auditor from McGovern Hurley LLP to Ernst & Young LLP. ON SOCIAL RESPONSIBILITY, Algo Grand received a BB rating in its first Digbee ESG assessment, covering both the Company and its 100%-owned Adelita Project in Sonora, Mexico.
ON MEXICO ISSUE
- Detienen a dos presuntos integrantes de Los Chapitos por secuestro de 10 mineros en Sinaloa: El Economista – Maria Fernanda Sosa Santiago
ON EXPLORATION
- Riverside Resources Intersects Near-Surface Gold and Base Metal Mineralization at Union Norte and Advances Multiple Targets for Phase 2B Drilling: Riverside Resources Inc
- Questcorp Defines Near-Surface Gold Discovery Corridor at Union Norte Expanding District-Scale Potential at La Union: Questcorp Mining Inc
- Zacatecas Silver Expands Oso Negro to Over 3 Kilometres of Mapped Gold-Silver Veins; Phase Two Rock Chip Sampling Returns up to 20.3 g/t Gold and 3,480 g/t Silver: Zacatecas Silver Corp
- Algo Grande Copper Intersects 30.23 Metres Grading 1.5% CuEq, including 3.55 Metres at 9.4% CuEq and 1.2-Metre Interval at 15.8% CuEq, 100 metres vertical step-out from historical intersects: Algo Grande Copper Corp
- Tocvan Confirms Gold Mineralization Along Entire 1,300-Metre El Mezquite Trend at Gran Pilar: Tocvan Ventures Corp
- Miravalles Gold Corp Files NI 43-101 Technical Report for Fairfield Gold Project, Nayarit, Mexico: Miravalles Gold Corp
- Pinnacle Confirms High-Grade Mineralization in Underground Drilling at El Potrero with up to 58.2 g/t Au and 631 g/t Ag: Pinnacle Silver and Gold Corp
ON MINING
- No relevant news
ON FINANCING
- DynaResource Receives US$4.0 Million in IVA Tax Refund: DynaResource Inc
- Goldgroup Announces US$75 Million Private Placement with US$60 Million already Committed by Leading Natural Resource Investors: Goldgroup Mining Inc
ON RESOURCES AND DEVELOPMENT
- Luca Intersects 9.9 Metres of 5.39 g/t Gold Equivalent from the Catorce Zone at Tahuehueto Mine: Luca Mining Corp
- Zacatecas Silver Announces Multiple Silver Assays from El Cristo Drill Program: Zacatecas Silver Corp
- GR Silver Confirms Extension of Mineralization at San Marcial, Including 16.1 m at 162 g/t Ag and11.7 m at 147 g/t Ag in the SE Area: GR Silver Mining Ltd
- Goldgroup Reports Strong First Results from 26,000 Metre San Francisco Drill Program: Goldgroup Mining Inc
- First Majestic Reports High-Grade Drill Results and Expands Exploration Footprint at San Dimas: First Majestic Silver Corp
- Defiance Silver San Acacio Drilling Returns High Grade Silver; Additional Holes Pending from Lucita Drilling: Defiance Silver Corp
- Oroco Continues South Zone Success: Oroco Resource Corp
- Sierra Madre Onsite Power Generation Fully Functional at La Guitarra: Sierra Madre Gold and Silver Ltd
- Silver Tiger Intersects 2.1 Metres of 7.72 Kilograms Per Tonne Silver Equivalent in the Caleigh Vein Including 0.53Metres of 29.62 Kilograms: Silver Tiger Metals Inc
- Goldgroup Highlights its Two Producing Mines and Significant Growth Potential Across the Don David Gold Complex in Mexico: Goldgroup Mining Inc
ON DEALS AND CORPORATE ISSUES
- Starlo to Acquire Margarita Silver Project, Mexico: Starlo Ventures Ltd
- Discovery Announces Management Changes: Discovery Mining Ltd
- Santacruz Silver Receives Conditional Approval to Graduate to the Toronto Stock Exchange: Santacruz Silver Mining Ltd
- Americas Gold and Silver Recognized as a Top Performer in the 2026 TSX30™: Americas Gold and Silver Corporation
- Avino Earns Second Consecutive TSX30™ Recognition: Avino Silver & Gold Mines Ltd
- Discovery Named 2026 TSX30™ Top-Performing Company: Discovery Mining Ltd
- Elemental Royalty Receives Mexican Antitrust Approval for the Acquisition of Vizsla Royalties: Elemental Royalty Corporation
- Guanajuato Silver Appoints Chief Operating Officer: Guanajuato Silver Company Ltd
- Regency Silver Corp Acquires Past Producing Jabali Gold Project in Sonora, Mexico — Adjacent to Alamos Gold’s Mulatos Mine: Regency Silver Corp
- GR Silver Mining Announces Incentive Plan Grants: GR Silver Mining Ltd
- Apollo Silver Announces Ejido Vote on Mining Moratorium at Cinco de Mayo: Apollo Silver Corp
- Mining Americas Announces Change of Auditor: Mining Americas Inc
ON SOCIAL RESPONSIBILITY
- Algo Grande Copper Achieves BB Rating in First Digbee ESG Assessment at the Adelita Project: Algo Grande Copper Corp
Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.
On the picture below, brochantite in a Cu-Au project in Sonora Mexico. Photo taken by Miguel A Heredia.

Algo Grande Copper Closes Oversubscribed Private Placement for $4.786 Million
SILVER STORM CLOSES SECOND AND FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT FOR AGGREGATE GROSS PROCEEDS OF $21.0 MILLION
SILVER STORM ANNOUNCES $7.5 MILLION NON-BROKERED PRIVATE PLACEMENT WITH ERIC SPROTT
Madoro – Update on Reverse Takeover Transaction
The Mining and Exploration News in Mexico: Highlights on the Second Week of August, 2026

Vuggy Quartz
By Miguel A Heredia
During the 33th week of the year (August 10 to August 16, 2026), at least 27 press releases were issued by companies operating in Mexico and 2 news published by the media. Of these, eight reported production results, eight related to deals and corporate matters, five covered resource and development updates, four addressed Mexican-related issues, three announcing financing activities, and one presented exploration results. ON MEXICO ISSUES, Stalled mining exploration puts Mexico’s industrial and energy future at risk. Government grants 12 concession titles to Industrias Peñoles and Minera Fresnillo; Ministry of Economy clarifies they are not new. Almaden provided an update on the international arbitration process with Mexico. Advance Metal and Oroco Resource reported the best drilling intercepts in Mexico on the second week of August, 2026. ON EXPLORATION, In Sonora, Algo Grande provided an update on its ongoing Phase II drill program at its Adelita project. ON MINING, Altius reported Q2, 2026 attributable royalty revenue of CAD $30M and adjusted earnings of CAD $7.6M. Americas Gold and Silver announced that it will discuss its Q2, 2026 results on August 14, 2026. Empress Royalty, Avino, Discovery, Pan American Silver, and Americas Gold and Silver reported Q2, 2026 financial and or operating results. GoGold reported Q3, 2026 financial results. ON FINANCING, DynaResource announced a non-brokered private placement for gross proceeds of USD $3M. Vortex closed first tranche of non-brokered private placement for gross proceeds of CAD $485,500. Algo Grande announced a non-brokered private placement for gross proceeds of up to CAD $3M to fund expansion of Phase II exploration program at the Adelita project in Sonora. ON RESOURCES AND DEVELOPMENT, Oroco released the third set of assay results from its Phase 2 Resource drilling program at its Santo Tomas project, Sinaloa. Advance Metals stated that its Gavilanes project in Durango is emerging as its flagship project with new high grade silver intersections. Platauro outlined exploration and development strategy and plans to update the geological model and economics study of its the Las Minas project in Veracruz. EV Resources executed a binding agreement to secure high-grade ore to commence Tecomatlán Antimony Processing Campaign. Goldgroup announced that it is advancing San Francisco Gold mine in Sonora toward potential production restart. ON DEALS AND CORPORATE ISSUES, Silver Spruce appointed Kevin Thieneman as CFO replacing Michael Kinley. Canuc informed that its common shares are now Depository Trust Company eligible in USA. Silverco appointed Jesus Velador as Vice President, Exploration, effective September 1, 2026. Silver Viper provided supplemental disclosure regarding certain marketing, investor relations, and media awareness service arrangements. Talamore announced graduation to Toronto Stock Exchange. Teck announced receipt of requisite consents and expiration of consent solicitation. Orogen Royalties reported voting results from its annual general meeting of shareholders. Silver Spruce entered into debt settlement agreements to settle outstanding indebtedness of CAD $66,125 for an amount of CAD $20,000. ON SOCIAL RESPONSIBILITY, no relevant news.
ON MEXICO ISSUES
- Exploración minera frenada pone en riesgo el futuro industrial y energético de México: Gabriel Benitez El Sol de Hermosillo
- Gobierno da 12 Títulos de Concesión a Industrias Peñoles y Minera Fresnillo; Economía Aclara que No Son Nuevas: Enrique Hernandez Forbes
- Almaden Provides Update on Arbitration Process with Mexico, Hearing Date Rescheduled: Almaden Minerals Ltd
- Mexico´s Best Drilling Intercepts, Second Week of August 2026: Gambusino Prospector de Mexico
ON EXPLORATION
- Algo Grande Provides Phase II Drill Update; Hole 2 Copper Zone Doubles as Hole 3 Delivers Extensive New Interval, Remains Mineralized at Depth: Algo Grande Copper Corp
ON MINING
- Altius Reports Q2 2026 Attributable Royalty Revenue of $30.0M and Adjusted Earnings(1) of $7.6M: Altius Minerals Corporation
- Americas Gold and Silver Provides Notice of Second Quarter 2026 Results and Conference Call: Americas Gold and Silver Corporation
- Empress Reports 2026 Second Quarter Financial Results: Empress Royalty Corp
- Avino Reports Q2 2026 Financial Results: Avino Silver & Gold Mines Ltd
- Discovery Reports Record Revenue, Strong Year-Over-Year Earnings Growth in Q2, 2026: Discovery Mining Ltd
- Pan American Silver Reports Second Quarter 2026 Financial Results: Pan American Silver Corp
- Americas Gold and Silver Reports Financial Results for Q2, 2026 Highlighted by Strong Operational Performance at Cosalá and Upgrade Project Progress at the Galena Complex: Americas Gold and Silver Corporation
- GoGold Announces Q3 Financial Results: GoGold Resources Inc
ON FINANCING
- DynaResource Announces US$3.0 Million Private Placement Financing: DynaResource Inc
- Vortex Metals Closes First Tranche of Non-Brokered Private Placement: Vortex Metals Inc
- Algo Grande Copper Announces $3M Private Placement to Fund Expansion of Phase II Exploration Program at the Adelita Project: Algo Grande Copper Corp
ON RESOURCES AND DEVELOPMENT
- Oroco Drills 26.48m of 1.18% CuEq in South Zone: Oroco Resource Corporation
- Gavilanes Emerges as Advance’s Flagship Project with New High Grade Silver Intersections: Advance Metals Limited
- Platauro Metals Corp., Outlines Exploration and Development Strategy: Platauro Metals Corp
- EVR Secures High-Grade Ore to Commence Tecomatlán Antimony Processing Campaign: EV Resources Limited
- Goldgroup Advances San Francisco Toward Potential Production Restart: Goldgroup Mining Inc
ON DEALS AND CORPORATE ISSUES
- Silver Spruce Resources, Inc. Announces New Chief Financial Officer: Silver Spruce Resources Inc
- Canuc Announces DTC Eligibility for Company Shares: Canuc Resources Corporation
- Silverco Mining Announces Appointment of Dr. Jesus Velador as Vice President, Exploration: Silverco Mining Ltd
- Silver Viper Provides Updates Regarding Investor Relation Arrangements: Silver Viper Minerals Corp
- Talamore Announces Graduation to Toronto Stock Exchange: Talamore Mining Corp
- Teck Announces Receipt of Requisite Consents and Expiration of Consent Solicitations: Teck Resources Limited
- Orogen Royalties Announces Results of the 2026 Annual General Meeting: Orogen Royalties Inc
- Silver Spruce To Settle Outstanding Indebtedness: Silver Spruce Resources Inc
ON SOCIAL RESPONSIBILITY
- No relevant news.
Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.
On the picture below, Vuggy Quartz in a high-sulphidation epithermal system in a project at Jalisco, Mexico. Photo taken by Miguel A Heredia.
