Platauro Metals Corp.
Platauro Metals Corp. (formerly Mexican Gold Mining Corp., ticker MEX; created Jul 2026 via plan of arrangement acquiring Alcon Silver Corp., ticker change to PURO effective 20 Jul 2026) is a diversified precious-metals and copper explorer in the Americas. Platauro presents two flagship assets. The first is the Princesa Silver Project in the Puno-Cusco Mining District of southern Peru, added with Alcon Silver, whose only estimate is a historical one from 2011 that Platauro says cannot be relied on, so no resource is counted for it; Platauro is permitting drilling to bring it to a current estimate. The second is its 100%-owned Las Minas gold-copper skarn project in Veracruz State, Mexico, which carries the company's only current resource and its 2021 economic study, and where Platauro is working to resolve a title dispute; additional district ground was consolidated in 2025. The company also holds the Tatatila Project (3,824 hectares, Veracruz). The company closed a $2.299M subscription-receipt financing (11,495,000 receipts at $0.20) for exploration at Princesa, exploration of the Rowdy claim at Tatatila, and Las Minas legal/claims-dispute costs.
Notable vs. Peers
- Jurisdiction risk score of 5/10 is meaningfully riskier than the peer average of 7.8/10.
- Trading within 2% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Not in place: mill, tailings facility. Not yet determined: road access, grid power.
Combined view across 3 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.
- 16%Las Minas Project (Veracruz State, Mexico)
- 8.5 yrsLas Minas Project (Veracruz State, Mexico)
Jurisdiction (40%)5/10
Puno-Cusco mining district, southern Peru (flagship Princesa silver project). Peru carries real community-relations, permitting-delay and political-continuity risk typical of Andean mining jurisdictions; scored 5 in line with the median of the Peruvian companies on this site. Platauro's Las Minas gold project, which carries its only current resource and study, is in Veracruz, Mexico, where the company is working to resolve a title dispute; this single flagship-based score does not capture it.
Infrastructure (40%)6.4/10
Confirmed road access at Princesa Silver Project, Puno-Cusco Mining District, Peru; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:6/10
Stage: Preliminary Economic Assessment
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:5/10
Peru: jurisdiction score 5/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer, President and Director of Platauro Metals Corp., formed July 2026 from the arrangement combining Mexican Gold Mining Corp. and Alcon Silver Corp. into a diversified Mexico-focused precious-metals explorer.
Director of Platauro Metals Corp., a former director of Alcon Silver Corp. who joined the Platauro board as part of the July 2026 arrangement. Holds an AB (Hons) in Geology from Dartmouth, an MSc from Western and a PhD from the Colorado School of Mines. A career geologist of 40+ years across majors and juniors; previously BHP's Global Porphyry Copper Exploration Leader, GM Global Exploration at Zinifex/OZ Minerals, and Corporate Manager of Exploration at Hochschild.
President and a Director of Orestone Mining Corp. (TSXV: ORS), and a Director of Platauro Metals Corp. M.Sc., P.Geo. More than 40 years of experience in the minerals industry as a geologist, corporate executive and consultant. Following 14 years with the major mining companies Texasgulf Inc. and Boliden Inc., he held the position of VP Exploration for Greenstone Resources, Pan American Mineral Corp. and Eldorado Gold Corporation, leading the exploration and development of five gold deposits including the Oronorte Gold Mine in Colombia, the open-pit heap-leach Santa Rosa Gold Mine in Panama, the La Libertad Gold Mine in Nicaragua and the San Andres Gold Mine in Honduras. Was a co-founder, director and VP of Eldorado, where he was involved in the Kisladag discovery in Turkey and La Colorada in Mexico. Subsequently, as President and/or CEO, has led companies exploring primarily in South America for the last twenty years, and since 1999 has been owner and President of Winfield Consulting. Joined the Platauro board as part of the July 2026 Mexican Gold Mining / Alcon Silver arrangement, having been a director of Alcon Silver Corp. Sources: orestone.ca/corporate/management/ and Platauro Metals' own arrangement-completion disclosure.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked directly against the company's own site, which is live and confirms a recent corporate restructuring (a merger that produced the current company), but no specific details about named investors, the former Mexican Gold Mining Corp entity, or the Alcon Silver Corp acquisition were reachable. No producer, specialist fund or named institution holds a disclosed position, and there are no insider trading records in our data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Platauro Metals, formerly Mexican Gold Mining, explores for precious metals and copper in Peru, Mexico and the United States and presents two flagship assets. The first, the Princesa silver-lead-zinc project in southern Peru, came with the acquisition of Alcon Silver completed on 20 July 2026; its only estimate is a historical one from 2011 that the company says cannot be relied on, and it is permitting drilling to bring the deposit to a current estimate. The second, the 100%-owned Las Minas gold-copper skarn project in Veracruz, Mexico, holds the company's only current resource, effective 27 July 2021: 260,000 oz of gold indicated and 241,000 oz inferred. A 2021 preliminary economic assessment of Las Minas gave an after-tax NPV (5%) of US$55M and a 16% after-tax IRR over an 8.5-year mine life, on initial capital of US$90.4M at US$1,625/oz gold, and the company plans an updated study at current metal prices once a title dispute at Las Minas is resolved. It also holds an option to acquire the Star claims in Utah, an early-stage silver target that has not been drilled.