Mogotes Metals Inc. (OTCQB: MOGMF) generates news primarily around its copper, gold and silver exploration activities in the Vicuña district of Argentina and Chile. Company releases focus on technical updates and corporate actions tied to its flagship Filo Sur project, which adjoins the Filo del Sol copper-gold-silver discovery and lies along the same north–south belt as several other copper-gold deposits.
Investors following Mogotes news can expect detailed coverage of exploration milestones. The company reports on 3D MT/IP geophysical models, rock chip and trench assay results, and the definition of priority drill targets such as the Los Mogotes porphyry copper target, the Meseta high-sulfidation epithermal gold–silver target, and the Cuenca epithermal gold–silver zone. Updates also describe the commencement and progress of diamond drilling at targets like Stockwork Hills and Cruz del Sur within the Filo Sur project.
Mogotes’ news flow also includes property and option agreement developments, such as the acquisition of a 100% interest in the Filo Sur project from Golden Arrow Resources Corp., option terms for the La Perla Uno a Diez concessions in Chile, and share issuances to counterparties like Compañía Minera del Pacifico S.A. The company additionally reports on stock option grants to directors, officers, employees and consultants.
By monitoring the MOGMF news page, readers can review technical exploration updates, transaction-related announcements and forward-looking statements that outline Mogotes’ planned work programs and target priorities in the Vicuña district.
Mogotes Metals (MOGMF) detailed 2026-2027 exploration plans for its Filo Sur, Beskauga and Copper Cliff projects and released an updated corporate presentation.
At Filo Sur, drilling is planned to increase to up to 20,000 m in the 2026-2027 season, more than tripling the 6,208 m drilled in 2025-2026, with a restart targeted for November 2026, weather and access permitting. Work will focus on extending the Albor breccia discovery, expansion drilling at Cruz del Sur, porphyry tests at Luz del Sol and Cuenca, completion of Meseta, and reconnaissance along roughly 10 km of the Macho Muerto Fault Zone.
At Beskauga in Kazakhstan, up to 50,000 m of drilling is planned, with drilling already under way, first assays expected in Q4 2026, and a preliminary economic assessment targeted within 12 months. At Copper Cliff in Montana, 8,000-9,000 m of drilling are planned once permits are obtained, with the earliest possible start in November 2026, under an option to joint venture with Kennecott, a Rio Tinto subsidiary.
Mogotes Metals (MOGMF) reported final 2025–2026 field-season results at its Filo Sur project and outlined a 20,000 m drill program for 2026–2027.
The company highlights two discoveries along the Macho Muerto Fault Zone: the high-grade Albor breccia, with 180 m at 0.98% CuEq from 108 m including 58 m at 1.77% CuEq (FS_DDH_016), and the Cruz del Sur gold-copper porphyry, with 308 m at 0.46% CuEq and 334 m at 0.45% CuEq (FS_DDH_006). New drilling at Luz del Sol (FS_DDH_013, FS_DDH_015) defined a leached, high-level breccia zone with anomalous copper above a strong IP chargeability high, creating a new porphyry drill target for 2026–2027. At Cuenca, road-cut channel sampling expanded the porphyry target to about 1.3 km × 0.5 km, including 153 m averaging 0.31 g/t Au and 0.11% Cu from Road Cut 1.
Mogotes Metals (OTCQB:MOGMF) closed a previously announced strategic placement with Rio Tinto Canada, which subscribed for 30,387,857 units at C$0.70 per unit for gross proceeds of about US$15 million (C$21,271,500), giving Rio Tinto an initial stake of approximately 5%.
Each unit includes one common share and half a warrant, for a total of 15,193,928 warrants exercisable at C$1.00 for 18 months, representing potential additional proceeds of about C$15,193,928. According to Mogotes, proceeds will advance work at the Filo Sur copper‑gold‑silver project in the Vicuña district of Argentina and Chile. Mogotes and Rio Tinto have formed a Strategic & Technical Alliance covering Filo Sur, including a joint technical committee, use of Rio Tinto’s proprietary geoscience tools, and joint efforts to expand the land position, with potential extension to other belts such as Kazakhstan.
Rio Tinto received a 15‑month exclusivity period on Filo Sur (extendable by six months), a right to match third‑party proposals, a top‑up right to reach up to 9.99% ownership on a partially diluted basis, and pre‑emptive participation rights, all subject to TSXV approval. Concurrently, other investors exercising pre‑emptive rights bought an additional 7,970,945 units at the same price for extra gross proceeds of C$5,579,661.50.
Mogotes Metals (TSXV: MOG, OTCQB: MOGMF) has issued 39,186,369 common shares at $0.49 per share, raising aggregate gross proceeds of $19,201,320.81 through an Offering tied to CD Capital’s exercise of its subscription rights and pre-emptive rights agreements with various shareholders.
According to Mogotes, insiders purchased 36,689,414 shares, making the Offering a related party transaction under MI 61-101. The company is relying on valuation and minority approval exemptions, and the new shares are subject to a four-month-plus-one-day hold period. Closing remains subject to regulatory and TSX Venture Exchange approvals, with proceeds earmarked for general corporate and working capital purposes.
Mogotes Metals (OTCQB: MOGMF) updated the terms of the planned share issuance tied to CD Capital Fund IV L.P.’s exercise of its subscription right and related pre-emptive rights agreements. The company now intends to issue up to 39,186,369 common shares at $0.49 per share.
This represents an increase from 38,558,817 shares, for total gross proceeds of up to $19,201,320.81. The issuance is designed to allow CD Capital to raise its ownership to 19.9% on a partially diluted basis. The new shares will be subject to a four‑month‑plus‑one‑day hold period and applicable resale rules. Closing remains conditional on required regulatory and other approvals, including TSX Venture Exchange approval.
Mogotes Metals (OTCQB: MOGMF) announced that, effective August 7, 2026, Stephen Nano has resigned as a director. Nano has served as director, principal technical advisor and Chartered Professional for technical disclosure since the company’s inception in September 2022. According to Mogotes, he played a key role in strategic, technical and capital-raising activities as the company grew following its June 2024 listing, helping build its copper-gold exploration portfolio in the Americas and Central Asia. He contributed to work on the Filo Sur, Beskauga and Copper Cliff projects. Mogotes said Nano will continue supporting the company as a Technical Advisor, bringing more than 38 years of international exploration and corporate experience.
Mogotes Metals (TSXV: MOG, OTCQB: MOGMF) plans to increase the number of common shares to be issued under CD Capital Fund IV L.P.’s subscription and related pre-emptive rights from 31,000,000 to up to 38,558,817 shares at $0.49 per share.
The company expects gross proceeds of up to $18,893,820. CD Capital aims to raise its ownership to 19.9% on a partially diluted basis. The new shares will be subject to a four-month-plus-one-day hold period, and closing remains conditional on regulatory and TSX Venture Exchange approval.
Mogotes Metals (TSXV:MOG, OTCQB:MOGMF) announced that CD Capital Fund IV L.P. has given notice under a 2025 investor rights agreement of its intention to exercise its subscription right (the “Additional Subscription”) to increase its ownership to 19.9% on a partially diluted basis.
The Additional Subscription would involve up to 31,000,000 common shares at $0.49 per share, for potential gross proceeds to Mogotes of $15,190,000. The new shares will be subject to a four‑month‑plus‑one‑day hold period and applicable resale rules. Closing remains conditional on required regulatory and other approvals, including TSX Venture Exchange approval.
Mogotes Metals (OTCQB:MOGMF) reported final assays from hole FS_DDH_016 at the Albor target, Filo Sur, including 180 m at 0.98% CuEq from 108 m, with a 58 m interval at 1.77% CuEq. FS_DDH_019 cut 14 m at 0.82% CuEq near surface.
According to Mogotes, Albor lies on the 10 km Macho Muerto Fault Zone, where two copper-gold-silver-molybdenum discoveries were made this season. Several other targets remain only partially tested, with further drilling planned for 2026–2027.
Mogotes Metals (OTCQB:MOGMF) reported partial assays from diamond drillhole FS_DDH_016 at the Filo Sur project in Argentina, near the Vicuña district deposits.
Results show 86 m from 108–194 m grading 0.7% Cu, 0.55 g/t Au, 2.7 g/t Ag and 169 ppm Mo, including 43 m at 1.1% Cu, 0.82 g/t Au, 4.0 g/t Ag and 281 ppm Mo from 111 m. Peak intervals include 10 m at 1.4% Cu and 1.2 g/t Au, and 5 m at 1.75% Cu and 1.1 g/t Au. Mineralization starts at 108 m and is interpreted to project to surface beneath thin cover.
Mogotes identifies the Albor zone as its second Cu-Au-Ag-Mo discovery this season along a 3.5 km trend, with generally low arsenic (median 2 ppm). The 464 m hole has assays reported for 194 m; remaining 270 m and an additional 3,681 m of drilling are pending.