LitioMx’s Budget Lacks Project Development Resources

State-owned lithium mining company LitioMx is expected to receive MX$13.9 million (US$747,528) for 2026, according to the Ministry of Finance (SHCP). The resources are destined for operational expenses, marking the third consecutive year without a specific line item for project investment. In other news, US-based Coeur Mining announced positive exploration results from its Las Chispas mine in Sonora. The company said these results are the highest-grade intercepts to date at the operation.

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LitioMx's 2026 Budget Neglects Project Investment

SHCP proposed a total budget of MX$13.9 million for the state-owned company LitioMx in 2026. The funds are designated for operating expenses, primarily for payroll.

First Majestic Reports High-Grade Results at Los Gatos After Deal

First Majestic announced positive drilling results from its 2024-2025 exploration programs at the Los Gatos Silver mine in Chihuahua. The company stated that the drilling has successfully expanded silver, zinc, lead, copper, and gold mineralization in three key zones across the recently acquired asset.

Capitan Silver Intersects 2,636g/t Silver at Cruz de Plata

Capitan Silver announced high-grade assay results from the first eleven drill holes of its Phase One 10,000m drill program at the Cruz de Plata silver-gold project in Durango. Capitan Silver reported that hole 25-ERRC-12 returned one of the highest-grade intervals to date at the project, intersecting 2,636g/t silver over 1.5m, within a wider zone of 370.2g/t silver over 19.8m. This result also expands the Jesus Maria mineralized zone by 150m to the east.

Pan American Silver Reports High-Grade Discoveries at La Colorada

Pan American Silver has announced the drilling results from its La Colorada mine in Zacatecas, revealing new high-grade silver veins that could boost mineral resources, extend mine life, and enhance project economics.

Coeur Mining Hits High-Grade Silver, Gold at Las Chispas

Coeur Mining announced positive exploration results from its Las Chispas silver and gold mine in Sonora and its Kensington gold mine in Alaska. The company reported that recent drilling at Las Chispas has returned some of the highest-grade intercepts to date at the operation.