Zacatecas Silver Acquires Four Gold-Silver Exploration Projects in Mexico

The Canadian junior miner strengthens its growth pipeline by acquiring four promising gold-silver exploration properties across Sonora and Oaxaca.

Canada-based mining company Zacatecas Silver has taken a significant step toward expanding its exploration footprint in Mexico after acquiring a portfolio of exploration properties from Heliostar Metals. The move is seen as a strategic push to strengthen the company’s presence in regions known for active and historic mining operations.

Under the agreement, Zacatecas Silver will gain a 100 percent interest in four exploration projects: Oso Negro, Cumaro, and La Lola in Sonora, along with the Ejutla project in Oaxaca. Each of these properties is located near producing or previously operating mines, making them attractive opportunities for future exploration and development.

Among them, the Oso Negro project stands out as a high-priority target. Although the site has not yet been drilled, early sampling has revealed promising gold and silver grades from several mineralized veins. Zacatecas Silver plans to begin detailed mapping and sampling work at the site starting in March 2026.

Another project, Cumaro, lies near an active development area linked to Coeur Mining’s El Picacho project. Earlier sampling from the property has already returned encouraging gold and silver values, raising expectations for further discoveries.

The La Lola property offers large-scale exploration potential, covering more than 1,100 hectares and featuring a five-kilometer vein system in a region surrounded by well-known mining operations.

Meanwhile, the Ejutla project in Oaxaca spans over 10,000 hectares and has shown early signs of gold-silver mineralization based on historical sampling.

As part of the deal, Zacatecas Silver will pay US$450,000 in cash and issue US$750,000 in shares to Heliostar Metals over three years. Once the acquisition is completed, the company will also grant a 2 percent net smelter return royalty.

Eric Vanderleeuw, CEO and Director of Zacatecas Silver, described the acquisition as more than just an expansion of assets. “Acquiring this exploration portfolio establishes a strong strategic relationship with a technically capable group while creating new opportunities to build long-term value,” he said.

With exploration work set to begin soon, the newly acquired projects could play a key role in Zacatecas Silver’s efforts to uncover the next generation of gold and silver resources in Mexico.