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Zacatecas Silver gets drill permit, starts 2,500m maiden drilling at Oso Negro, Sonora gold-silver project

Company Fundamentals
29 Oct 2026, 13:30 WIB
GlobeNewsWire
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Bullish
Zacatecas Silver gets drill permit, starts 2,500m maiden drilling at Oso Negro, Sonora gold-silver project

Zacatecas Silver Corp. has received the final drill permit for its Oso Negro gold-silver project in Sonora, Mexico, and finalized a 2,500-metre maiden diamond drill program targeting the Prospecto and Tere vein systems. The project is drill-ready with surface access secured, and drilling will test high-grade gold and silver veins exposed at surface just 40 to 80 metres deep. This first-ever drilling aims to confirm if surface grades continue at depth, reducing exploration risk due to extensive surface exposure. The company plans to advance this along with other projects, including the recently optioned Lourdes project.

Zacatecas Silver's drill permit news provides context for Basic Materials sector activity on Pluang. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 29, 2026 17:51 WIB: Out of 83 priced US stocks, 22 rose and 58 fell. Notable movers include Silvercorp Metals Inc. (SVM) at USD 8.37, down 2.79%, Coeur Mining Inc. (CDE) at USD 14.02, down 2.77% with 100% buy order activity, and USA Rare Earth Inc. (USAR) at USD 10.19, down 2.77% with 69% sell order activity.

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