Silver Explorer Starts Drilling Campaign at Mexico's Dios Padre
Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB) starts its 2026 drilling program at the Dios Padre project in Sonora, Mexico. Read why one expert thinks the project stands out.
Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB) announced the start of its 2026 drilling program at the Dios Padre project in Sonora, Mexico, according to a January 15 release.
The initial drilling will concentrate on the area surrounding Hole REG 25-26, which intersected sulfide-specularite-supported breccia across multiple zones within a broad, non-continuous ~240-meter interval. These breccia zones seem to be influenced by a series of Quartz-Feldspar porphyries and vary in size from 5 to 50 meters, the company said.
Hole REG 25-26 intersected mineralization approximately 150 meters down-dip from the historic Dios Padre silver mine workings and about 225 meters up-dip from drill hole REG-25-25. Previous results include REG 23-21 with 38 meters of 7.36 grams per tonne (g/t) gold, REG-22-01 with 35.8 meters of 6.84 g/t gold, 0.88% copper, and 21.82 g/t silver, and REG 23-14 with 29.4m of 6.32 g/t gold. Assays for Hole REG 25-26 are currently underway.
Regency said Hole REG 25-27 is the first hole of the 2026 segment of Regency's ongoing drill program and will target 50 meters above the strongest mineralization observed in REG-25-26. A minimum of four holes, each between 500-650 meters in length, will be drilled near REG-25-26 to further investigate the intersected mineralization and to determine its orientation.
"The initial phase of the 2026 drill program will focus on testing the areas around Hole REG 25-26," said Director and Head Geologist Mike Tucker in the release. "The objective is to systematically establish the dip and strike of the breccia with additional holes up and down-dip, as well as subsequent holes along strike to confirm the orientation of the zones before stepping out more aggressively. Hole REG 25-26 helps to validate our hypothesis in observing multiple porphyry dykes with adjacent sulfide-specularite-supported breccias, indicating their key role in driving the mineralized zones. Mapping these porphyry dykes systematically through the current drill campaign will be critical to helping us rapidly expand this newly discovered zone."
'A Defining Year' for the Company
Earlier this month, the company looked back on its accomplishments from 2025 and forward to its path in 2026. The release highlighted a year marked by strategic leadership changes, significant capital formation, and notable exploration progress at Dios Padre, its flagship gold-copper-silver project.
"2025 was a defining year for Regency Silver," stated Chief Executive Officer Bruce Bragagnolo at the time. "We strengthened our leadership, raised over CA$8 million in high-quality capital, and materially advanced the Dios Padre discovery. The work completed this year sets the foundation for what we believe will be a highly impactful 2026 exploration campaign."
In April 2025, Bragagnolo was appointed CEO, bringing a renewed focus on disciplined capital markets execution and systematic exploration advancement, the company noted. The company also completed an oversubscribed CA$4 million brokered private placement in September 2025, led by Centurion One Capital, ensuring full funding for drilling at Dios Padre. In December 2025, Regency announced and closed a brokered LIFE offering totaling approximately CA$4.1 million, again led by Centurion One Capital, bolstering the balance sheet and extending the exploration runway into 2026. These financings position Regency "among the best-capitalized junior explorers in its peer group," according to the release.
With drilling funded, permits secured, and a strengthened geological framework, Regency Silver stated it is entering the new year focused on advancing systematic step-out drilling at Dios Padre, refining structural and porphyry controls on mineralization, and translating geological confidence into expanded discovery scale.
Historic Mine With Room For Growth
Dios Padre is a historic silver mine with a 400-year history, reportedly having produced around 16 million ounces (Moz) of silver from 500,000 tonnes of ore.
1John Newell of John Newell & Associates described the mine as a high-sulfidation/porphyry mineralized system with considerable potential for growth. He characterized the exploration company as a "compelling exploration play," emphasizing its experienced leadership advancing a gold-silver discovery during a historic precious metals bull market.
Regency Silver stands out, he noted, with multiple paths for value creation due to the presence of gold, silver, and copper at Dios Padre.
Following a recent news release, Newell updated Streetwise Reports on the company's chart status: "After a long decline and base-building phase, Regency Silver appears to be breaking out of a declining wedge, a pattern that often marks the start of a new uptrend. The pickup in volume as price turns higher suggests selling pressure is exhausted and buyers are beginning to reassert control."
In a November 20 video, Bragagnolo mentioned that Regency's current focus is on gold. The project already boasts a significant amount of silver, as evidenced by the 2023 NI 43-101-compliant estimate showing an inferred resource of 11,375,000 ounces of silver equivalent (Au eq), represented by 1,384,000 tons at 255.64 g/t of Ag eq.
The Catalyst: 'Resource Nationalism' Driving Metals Higher
Gold and silver concluded 2025 on a high note after record-breaking performances, with money managers anticipating new milestones this year as supply constraints, geopolitical tensions, and concerns about central bank independence drive demand, according to Chloe Taylor, writing for CNBC on January 14.
On January 12, gold reached a record high of over US$4,600 an ounce following news that Jerome Powell, chair of the U.S. Federal Reserve, is under criminal investigation related to the US$2.5 billion renovation of the Fed's headquarters. By early Wednesday morning, spot gold had climbed further, trading at approximately US$4,633.46 an ounce. Meanwhile, spot silver, which surpassed the US$90 mark for the first time on Tuesday, was last seen trading 3.5% higher at US$90.42 per ounce.
Daniel Casali, a partner in investment strategy at British wealth manager Evelyn Partners, expressed optimism about both gold and silver, according to Taylor's report. He noted that geopolitical instability such as Russia's full-scale invasion of Ukraine in 2022 and U.S. President Donald Trump's "liberation day" tariffs announced last April has created uncertainty that continues to support gold prices.
As major powers continue to bolster their trade war arsenals, Casali described an environment of "resource nationalism" that is further boosting precious metal markets.
"When Trump started to raise tariffs, China started to respond, so they pulled out what I would define as a battle between the U.S. and China of resource nationalism," he told CNBC during a call.
Mounting geopolitical tensions and increasing debt levels could drive gold prices as high as US$5,050 per ounce in the first half of 2026, though this may also lead to a more substantial pullback in the latter half, according to analysts at HSBC, reported Ernest Hoffman for Kitco News on January 8.
Streetwise Ownership Overview*
Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB)
*Share Structureas of 1/8/2026"We see a wide range of US$5,050-US$3,950/oz for 2026 and an end-year price of US$4,450/oz," the analysts stated in a note published earlier this month, according to the report. While the US$5,050 forecast exceeds their previous estimate of US$5,000, the bank also reduced its average gold price forecast for 2026 from US$4,600 to US$4,587 per ounce, citing the potential for rising prices to trigger a correction later in the year.
The analysts noted that the correction could be more pronounced if geopolitical risks diminish or if the U.S. Federal Reserve stops cutting interest rates, suggesting that the gold market is likely to experience significant volatility in 2026, Hoffman said. HSBC also increased its average price forecast for 2027 to US$4,625 from US$3,950, for 2028 to US$4,700 from US$3,630, and provided a 2029 average price forecast of US$4,775.
Ownership and Share Structure2
Members of Regency Silver's management team and its board own about 5% of the company. Of this total, CEO Bragagnolo, the largest shareholder overall, owns 3.79%. One institution, Palos Management Inc., holds 0.11%. Retail investors own the remainder.
After the December financing, Regency Silver has 120 million shares outstanding. Its market cap is CA$25.86 million. Its 52-week range is CA$0.09-0.30 per share.
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Important Disclosures:
Regency Silver Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Regency Silver Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Regency Silver Corp.Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.For additional disclosures, please click here.
1. Disclosure for the quote from the John Newell article published on September 10, 2025
For the quoted article (published on September 10, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.John Newell Disclaimer
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.