Axo Copper Acquires San Antonio Gold Project in Sonora, Expanding Operations in Mexico
Axo Copper Corp. has expanded its portfolio by acquiring the San Antonio Gold project in Sonora, Mexico. This follows their existing copper exploration project at La Huerta in Jalisco. The San Antonio project consists of 43 concessions covering 11,338 hectares and includes significant gold and silver resources, although no economic feasibility study has been completed yet. The company plans to focus on resource expansion and testing new targets by mid-2026.
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Axo Copper Corp. has acquired the San Antonio Gold project in Sonora, Mexico, enhancing its operations alongside its La Huerta copper exploration in Jalisco. The San Antonio project encompasses 43 concessions with known resources of 576,000 ounces of gold and 1.37 million ounces of silver in the indicated category.
The company plans to conduct an initial work program focused on resource expansion and exploration of new targets by mid-2026. The La Huerta project covers 11,331 hectares with significant copper mineralization, supported by a recent financing round that increased from CAD 25 million to CAD 40.25 million, indicating strong market confidence.
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