Mexican Gold Mining Corp.
MEX.V
Toronto Stock Exchange Ventures0.17
CAD
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Mexican Gold Mining Corp.
MEX.V
(Toronto Stock Exchange Ventures)
Recent
price
0.17
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Mexican Gold Mining Corp. (TSXV:MEX) is a Canadian-based mineral exploration company focused on the acquisition, exploration, and evaluation of precious metals and copper resource properties in Mexico. The company holds a 100% interest in the flagship Las Minas project, comprising six mineral concessions covering approximately 1,616 hectares in the historic Las Minas mining district of Veracruz state; this skarn system features advanced-stage gold-copper-silver-magnetite deposits at El Dorado and Santa Cruz zones, supported by a positive preliminary economic assessment outlining initial capital expenditures of US$90.4 million, an after-tax NPV of US$55 million at a 5% discount rate, and 16% IRR over an 8.5-year mine life producing copper-gold-silver concentrates and magnetite from underground mining at 1,400 tonnes per day; the project includes indicated resources of 4.13 million tonnes at 1.96 g/t gold, 1.08% copper, and inferred resources of 5.20 million tonnes at 1.44 g/t gold, 0.95% copper, with multiple exploration targets such as Cinco Senores, Changarro, Carboneras, Nopaltepec, and Pueblo Nuevo. Operations target junior miners and investors seeking exposure to Mexico's prolific gold-copper belts, with infrastructure advantages including proximity to highways, rail, and the port of Veracruz, abundant local labor from Las Minas village, and full permitting for drilling. Founded in 2006 and headquartered in Vancouver, British Columbia, the company recently completed a 10:1 share consolidation, closed an $850,000 non-brokered private placement of 10 million units at $0.085 in November 2025 to fund exploration, acquired the adjacent 3,824-hectare Tatatila project from Chesapeake Gold Corp. via issuance of 4.45 million shares and a 1.5% NSR royalty (with a 0.5% buyback option for US$500,000), appointed Jack Campbell as President and CEO, resolved overlapping claims on Pepe concessions, and scheduled its annual general meeting for December 10, 2025.
Mexican Gold Grants Stock Options
Mexican Gold Announces Date of Annual General Meeting and New Board Nominees