# Latin American mining exploration and technical studies

> Developing situation record from CLSTR: https://clstr.news/situations/latin-american-mining-exploration-and-technical-studies
> Updated: 2026-11-06T16:20:41.000Z. Sources: 4. Developments: 2.

Mining companies across Latin America are advancing exploration and technical assessment programs. In Mexico, Sinda Ltd. reported progress in the Guanajuato Mining District, including high-grade silver intersections in the Caracol area, while Goldgroup Mining has conducted extensive diamond drilling in Oaxaca and is evaluating the reactivation of an open-pit operation in Sonora.

In South America, Collective Mining reported high-grade gold results at the Guayabales project in Colombia. Meanwhile, FOMICRUZ S.E. initiated a new drilling campaign in Argentina to attract investment. In Brazil, GoldMining has begun environmental and socioeconomic studies for its São Jorge gold project alongside an infill drilling campaign to improve resource estimation.

## Timeline

### 2026-11-06: GoldMining and Goldgroup advance drilling and environmental studies

GoldMining begins environmental studies and drilling for its São Jorge project in Brazil, while Goldgroup Mining reports extensive drilling progress in Oaxaca and Sonora, Mexico.

2 sources. https://clstr.news/cluster/goldmining-and-goldgroup-advance-drilling-and-environmental-studies

### 2026-11-02: Mining companies report exploration progress in Mexico, Colombia, and Argentina

Mining firms Sinda, Collective Mining, and FOMICRUZ report significant drilling progress and high-grade mineral discoveries in Mexico, Colombia, and Argentina.

3 sources. https://clstr.news/cluster/mining-companies-report-exploration-progress-in-mexico-colombia-and-argentina

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Cite as: Latin American mining exploration and technical studies. CLSTR, https://clstr.news/situations/latin-american-mining-exploration-and-technical-studies