Silver Explorer Acquires Past-Producing Mexican Gold Mine - Streetwise Reports

AI desk brief

Regency Silver agreed to acquire 100% of the Jabali Gold Project in Mexico’s Mulatos district, including the past-producing La Dura mine, for US$70,000 upfront plus contingent share and cash payments tied to toll-milling access and production milestones. Historical drilling at La Dura returned high-grade intervals including 6.91 g/t gold over 63.4m and 7.26 g/t over 12m, and Regency plans twin-hole drilling, a NI 43-101 report, and a restart study using a toll-milling model.

The company says Jabali is ~6km from Alamos’ Mulatos mine and ~10km from Agnico Eagle’s La India, giving it a district-scale analogue and infrastructure advantage. Separately, Kitco reported gold around US$4,403.10/oz (+1.11%) and silver near US$66.08/oz (+0.68%) on Sept. 9, with Middle East conflict and Brent above US$100/bbl supporting safe-haven flows even as higher rate expectations capped gains.