The Mining and Exploration News in Mexico: Highlights on the First Week of November, 2026

By Miguel A Heredia

During the 43th week of the year (November 02 to November 08, 2026), at least 21 press releases were issued by companies operating in Mexico. Of these, six related to deals and corporate matters, six reported production results, four covered resource and development updates, four presented exploration results, and one announced financial activities. ON MEXICO ISSUES, No relevant news. ON EXPLORATION, In Sonora, Riverside and its JV partner Questcorp announced that they are preparing the Phase 2B exploration drill program at La Union project.  In Sinaloa, Chesapeake reported that it has mobilized a 5,000m in-fill and expansion drill program to test the multiple targets identified recently at its Lucy project, and Mercado Minerals announced the commencement of an inaugural 1,500m drill program at its Zamora project.     ON MINING, Elemental Royalty announced that it will release its Q3, 2026 results on November 10, 2026. Avino, Pan American Silver, Torex Resources, First Majestic, and Aura Minerals reported Q3, 2026 operational and financial results. ON FINANCING, Aura Minerals declared Q3, 2026 dividend.  ON RESOURCES AND DEVELOPMENT, Sierra Madre commenced a 30,000m drilling program in the east district of the Guitarra mine complex in the State of Mexico. Minaurum Silver completed its 50,000m resource-expansion drill program at its Alamos Silver project in Sonora. Silverco filed on SEDAR a NI 43-101 Technical Report for la Negra project PEA. Goldgroup provided updates on technical studies, exploration and drilling programs for San Francisco and Cerro Prieto properties in Sonora, and Don David property in Oaxaca. ON DEALS AND CORPORATE ISSUES, Canuc announced that it amended its articles to grant its board of directors the right to consolidate the Company’s issued and outstanding common shares on a one-time basis, at a ratio of up to ten existing common shares for one new common share. Goldgroup reported that it has been included in the Solactive Global Silver Miners Index effective at the opening of trading on November 2, 2026. Pan American acquired ownership of 6,250,000 common shares of Galleon Gold Corp. Pantera Silver announced resumption of trading on the TSX Venture Exchange. Teck released its North America Truth and Reconciliation Action Plan. Silver Storm reported that it will present at the 2026 Precious Metals Summit Zurich Conference. ON SOCIAL RESPONSIBILITY, No relevant news.

 

ON MEXICO ISSUE

  • No relevant news

ON EXPLORATION  

ON MINING

ON FINANCING

  • Aura Declares Dividend of US$0.72 Per Share and US$0.24 Per BDR Based on Q3 2026 Results, Resulting in a Dividend Yield of 4.0%¹ in the LTM: Aura Minerals Inc 1

ON RESOURCES AND DEVELOPMENT

  • Sierra Madre Commences 30,000 Metre Drill Program in the East District of La Guitarra: Sierra Madre Gold and Silver Ltd
  • Minaurum Completes 50,000-Metre Resource-Expansion Drill Program at the Alamos Silver Project, Drills More High-Grade Silver:  751 g/t AgEq over 2.80 m at Africa, 385 g/t AgEq over 5.30 m at Quintera,  and 238 g/t AgEq over 12.20 m at Promontorio Sur: Minaurum Silver Inc
  • Silverco Mining Files NI 43-101 Technical Report for the La Negra Project PEA: Silverco Mining Ltd
  • Goldgroup Provides Updates on Technical Studies, Exploration and Drilling Programs: Goldgroup Mining Inc

ON DEALS AND CORPORATE ISSUES

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 above, a quartz vein showing boxworks in a project in Chihuahua, Mexico. Photo taken by Miguel A Heredia.

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