Northwire Canada EditionSaturday, July 25, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Masivo Silver Corp. Advances Cerro Colorado Project with Permitting Submission and Plans for Phase 1 Drill Program in January 2026

Masivo Silver Inches Toward 2026 Drilling as Working Capital Deficit Clouds Exploration Ambitions

By The Northwire Desk — AI Analysis Dec 22, 2025 · 12:39 MASS · 0.09 Masivo Silver Corp.
Executive Summary

The most recent news release (December 22, 2025) confirms that Masivo Silver Corp. has officially submitted its environmental permit applications to SEMARNAT for the Cerro Colorado Project in Sonora, Mexico. This follows the securing of a 10-year land access agreement in late October. The company is now targeting the commencement of a Phase 1 drill program in January 2026, contingent on receiving these permits. This news follows a pattern of procedural advancement for the project throughout 2025, including the transition from a non-binding LOI to a definitive option agreement.

Material Impact
  • Timeline Slippage: In news releases from July and August 2025, the company stated it expected to start drilling at Cerro Colorado in "Q4 2025." The current target of January 2026 represents a minor delay into the first month of the new year, though it remains relatively close to the original guidance.
  • Permitting Risk: The impact is "Routine - Positive" because while the submission is a necessary milestone, it is merely administrative. Material impact will only occur upon the actual receipt of the permits and the mobilization of rigs.
  • Financial Readiness: The news mentions "positioning Masivo to move efficiently into drilling," but fails to mention that as of September 30, 2025, the company had a negative working capital position. The cost of a Phase 1 program will likely require further capital or the utilization of the $75,000 USD drill credit mentioned in earlier releases.
MASS · Price
Company Overview

Masivo Silver is a junior explorer focused on silver, gold, and base metal projects in Mexico and Nevada. - Cerro Colorado (Sonora, Mexico): A subepithermal polymetallic system. The company can acquire 100% via an option agreement involving $310,000 USD in cash and up to 7 million shares over four years. Historical samples show high-grade potential (e.g., 2,200 g/t Ag). - Boston Mine (Nevada, USA): A skarn-hosted copper-gold-silver project. Recent drilling confirmed mineralization (55 ft of 0.99% Cu).

Read the original news release →

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Jul 15, 2026 · 10:39

Masivo reported grades and widths from one drill hole while three other mineralized holes remain undisclosed in graphics behind a CuEq that hides missing recovery assumptions.

Drill Results May 19, 2026 · 17:06

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Drill Results Apr 08, 2026 · 14:29

Masivo’s first hole hits visible mineralization – a modest but encouraging step toward scaling Cerro Colorado

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Masivo Silver begins phase I drilling at Cerro Colorado

Drill Results Feb 26, 2026 · 10:29

Masivo kicks off Cerro Colorado drilling phase as it pushes toward expansion with near-term catalysts in sight

Drill Results Jan 15, 2026 · 23:20

Masivo Silver continues Cerro Colorado drilling prep

Drill Results