Northwire Canada EditionThursday, July 16, 2026
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CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Drill Results Material +

Zacatecas Silver Announces Agreement to Acquire Multi-Asset Exploration Portfolio from Heliostar Metals, Significantly Expanding Mexican Asset Base

Zacatecas Silver Aggressively Expands Mexican Footprint with Strategic Multi-Asset Acquisition from Heliostar

By The Northwire Desk — AI Analysis Mar 02, 2026 · 06:30 ZAC · 0.105 Zacatecas Silver Corp.
Executive Summary

The most recent news (March 2, 2026) announces the acquisition of a 100% interest in four exploration properties in Mexico—Cumaro, La Lola, Oso Negro, and Ejutla—from Heliostar Metals Ltd. Zacatecas Silver will pay US$450,000 in cash and issue US$750,000 in common shares to exercise the option. This acquisition follows a series of operational milestones, including securing land access for a 4,000m drill program at its flagship Zacatecas Silver Project and a corporate update highlighting an improved permitting environment for its Esperanza Gold Project.

Material Impact

The acquisition is Material - Positive for several reasons: - Strategic Expansion: It establishes a district-scale exploration platform in Sonora and Oaxaca, diversifying the company's risk beyond its primary Zacatecas and Morelos assets. - High-Grade Potential: The Oso Negro property is specifically highlighted as a "compelling, undrilled high-grade discovery opportunity," providing immediate high-impact targets. - Cost-Effective Growth: The total consideration of US$1.2M (mostly in shares) is relatively modest compared to the potential upside of four distinct projects, preserving cash for the upcoming 4,000m drill program. - Synergy with Current Momentum: This news builds on the January 2026 update where the company signaled a return to active drilling. It demonstrates management's ability to execute M&A while simultaneously preparing for organic growth through the drill bit.

ZAC · Price
Company Overview

Zacatecas Silver Corp. is focused on silver and gold exploration in Mexico. Its flagship Zacatecas Silver Project holds an Inferred Resource of 20.5 Moz AgEq (3.41 million tonnes at 187 g/t AgEq). The project is located in the heart of the Zacatecas Silver Belt. Additionally, the company owns the Esperanza Gold Project in Morelos, an advanced-stage oxide heap-leach deposit with 956,000 oz AuEq in Measured & Indicated resources, currently awaiting a more favorable permitting environment.

Read the original news release →

More from Zacatecas Silver Corp.

Jul 14, 2026 · 06:30

Zacatecas raises $2.5 million to fund maiden drilling at the high-grade Oso Negro target.

Drill Results Jul 09, 2026 · 06:30

Zacatecas confirms vein extensions at Oso Negro, advancing toward a near-surface drilling program.

Drill Results Jun 22, 2026 · 06:30

Zacatecas faces stock declines amid permitting challenges in Mexico despite identifying resource upside at its Esperanza project.

Resource Estimate Jun 15, 2026 · 06:30

Zacatecas Silver Completes 2,027 Metre Diamond Drilling Program at El Cristo, Intersecting Multiphase Silver-Base Metal Veins Across 19 Holes - Assays Pending

Drill Results Jun 09, 2026 · 06:30

Zacatecas Silver tests high-grade epithermal veins at Oso Negro as permitting nears and cash burn demands near-term capital.

Drill Results Jun 08, 2026 · 06:30

Zacatecas Silver finalises the Heliostar option, though cash runway constraints and regulatory delays limit near-term catalysts for the project.

M&A / Property