Blog posts

By Miguel A Heredia

During the 1^st week of the year (December 29^th 2025 to January 04^th 2026), at least 10 press releases were announced by companies working in Mexico, with seven disclosing deals and corporate issues, two announcing financial rounds, and one informing on exploration results. ON MEXICO ISSUES, No relevant news. ON EXPLORATION, In Sonora, Tocvan provided a review of the most significant activities performed at its Gran Pilar project during the year 2025. ON MINING, No relevant news.  ON FINANCING, Apollo informed that it has upsized its previously announced non-brokered private placement by an additional CAD $2.5M for total gross proceeds of up to CAD $27.5M (Cinco de Mayo project, Chihuahua). Sonoro Gold closed its previously announced oversubscribed non-brokered private placement for gross proceeds of CAD $4.9M (Cerro Caliche project, Sonora). ON RESOURCES AND DEVELOPMENT, No relevant news.  ON DEALS AND CORPORATE ISSUES, Chesapeake announced the appointment of Jean-Paul Tsotsos and Rajesh Vyas as Chief Executive Officer and Chief Financial Officer and Corporate Secretary respectively, effective January 1^st, 2026, and the step down of Navin Sandhu and Bernard Poznanski as Interim Chief Financial Officer and Corporate Secretary respectively, effective December 31, 2025  (Metates project, Durango). Silver Dollar granted stock options to Directors, Officers and Consultants (La Joya project, Durango). Vortex announced that it has continued out of the provincial jurisdiction of British Columbia (Riqueza Marina project, Oaxaca). Minera Alamos informed that it will consolidate its common shares (Santana project, Sonora). Golden Minerals reported that it has substantially reduced its liabilities in Mexico. Goldgroup Mining entered into an agreement to sell all of its shares in Minera Apolo which owns the Pinos project in Zacatecas to a private British company. Silver Viper provided a clarification and additional details regarding its existing agreements with Nordcore Media and Red Cloud Securities about marketing and trading support, and announced the resignation of Taj Singh from the board of Directors (La Virginia project, Sonora). ON SOCIAL RESPONSIBILITY, No relevant news.

ON MEXICO ISSUES

• No relevant news.

ON EXPLORATION

• Tocvan Ventures Corp., provided a review of the most significant activities performed in 2025 with major progress on their Gran Pilar project in Sonora. Highlights include record high-grade gold and silver drilling results; new discoveries expanding their mineral targets across a 22km² area; secured critical permits for drilling and a 10-year pilot mine with 50,000 tonnes capacity; and strengthened their team and attracted significant funding to support ongoing growth and shareholder value.

ON MINING

• No relevant news.

ON FINANCING

• Apollo Silver Corp., informed that it has upsized its previously announced non-brokered private placement by an additional CAD $2.5M for a total gross proceeds of up to CAD $27.5M through the issuance of 5,500,000 units at a price of CAD $5 per unit. Gross proceeds will be used to fund exploration and development activities across the Company’s projects, as well as for general working capital and corporate purposes (Cinco de Mayo project, Chihuahua).
• Sonoro Gold Corp., closed its previously announced oversubscribed non-brokered private placement of 24,500,000 units at a price of CAD $0.20 per unit for gross proceeds of CAD $4.9M. Net proceeds will be used to fund the ongoing development of its Cerro Caliche project in Sonora, and for general working capital purposes.

ON RESOURCES AND DEVELOPMENT

• No relevant news.

ON DEALS AND CORPORATE ISSUES

• Chesapeake Gold Corp., announced the appointment of Jean-Paul Tsotsos and Rajesh Vyas as Chief Executive Officer and Chief Financial Officer and Corporate Secretary respectively, effective January 1^st, 2026, and the step down of Navin Sandhu and Bernard Poznanski as Interim Chief Financial Officer and Corporate Secretary respectively, effective December 31, 2025 (Metates project, Durango).
• Silver Dollar Resources Inc., granted stock options to Directors, Officers and Consultants to purchase up to 1,850,000 shares of the company at a price of 0.55 per share until December 30, 2030 (La Joya project, Durango).
• Vortex Metals Inc., announced that it has continued out of the provincial jurisdiction of Ontario under the Business Corporations Act (Ontario) into the provincial jurisdiction of British Columbia under the Business Corporations Act (British Columbia). Shareholders approved the continuance at the Company's annual general and special meeting of shareholders held on October 15, 2025 (Riqueza Marina project, Oaxaca).
• Minera Alamos Inc., informed that it will consolidate its common shares at a ratio of ten pre-consolidation shares to one post-consolidation share. Upon completion of the consolidation, the company will have approximately 108,044,073 common shares issued and outstanding (Santana project, Sonora).
• Golden Minerals Company reported that it has substantially reduced its liabilities in Mexico. It has completed the sale of its wholly owned Mexican subsidiaries Servicios Velardeña S.A. de C.V., and Golden Minerals Company Equipos S.A. de C.V., to a privately held Mexican group. The transaction was completed on December 30, 2025, for total consideration of approximately USD $65K. Upon consummation of the transaction, Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V. held net operating losses, inflation-adjusted capital contributions, several liabilities including approximately USD $60K in past-due accounts payable, the remaining labor claim in Mexico of approximately USD $56K, and the Rodeo mining concession, a mined-out project that includes an associated asset retirement obligation with a book liability value of approximately USD $450K. Under Mexican law, the balance of the subsidiaries’ capital contribution accounts may be bought and sold. All funds related to the sale have been received.
• Goldgroup Mining Inc., entered into an agreement to sell all of its shares in Minera Apolo S.A. de C.V., which owns all the issued and outstanding shares of the Minera Catanava S.A.de C.V., to a private British company. Apolo and Minera Catanava collectively hold a 100% interest in the Pinos gold/silver project in Zacatecas The sale is structured for a total consideration of USD $5M, paid in stages: an initial deposit of USD $2.45M, USD $550K on closing, and USD $2M to be paid within six months via a promissory note. The purchaser will assume all liabilities associated with Apolo, Minera Catanava and the Pinos project including the assumption of USD $400K remaining payable on the original purchase agreement in addition to debt in the amount of USD $1.5M payable to the previous owners of Apolo that will be triggered by the sale of Apolo. The transaction is subject to approval by the TSX Venture Exchange.
• Silver Viper Minerals Corp., provided a clarification and additional details regarding its existing agreements with Nordcore Media and Red Cloud Securities about marketing and trading support. The company has entered into a six-month digital marketing contract with Nordcore for USD $300K to enhance investor awareness through online advertising and digital strategies. Simultaneously, it has a month-to-month agreement with Red Cloud Securities for CAD $7K monthly to support market stabilization and liquidity for its shares on the TSX Venture Exchange. Both agreements stick to the original terms like arm’s-length status and no security-based payments. Silver Viper also announced the resignation of Taj Singh from the Board of Directors, effective December 18, 2025 (La Virginia project, Sonora).

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, subhorizontal quartz veins cut by high-angle structures in an IOCG project in Sonora, Mexico. Photo taken by Miguel A Heredia.