Silver Viper Minerals Corp.
Silver Viper Minerals Corp. (TSXV: VIPR) explores for gold and silver in Mexico. Its flagship, the 100%-owned La Virginia gold-silver project in Sonora, carries a maiden NI 43-101 resource (effective 1 May 2021) of 154,300 oz gold and 6.93 Moz silver Indicated (6.18 Mt at 0.78 g/t Au and 35 g/t Ag) plus 260,300 oz gold and 12.94 Moz silver Inferred, with gold about 64% of the Indicated value at the estimate's own prices; infill drilling at the El Rubi zone is under way toward an updated estimate. Silver Viper also owns 100% of the Coneto gold-silver project in Durango, acquired from Fresnillo plc and Orex Minerals for US$15 million in shares (closed 4 May 2026; an Inferred-only estimate), and the Cimarron gold-copper project in Sinaloa.
Notable vs. Peers
- Financials score of 2.6/10 is weaker than the peer average of 5.3/10.
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
- Trading within 0% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)6/10
Mexico has a long mining tradition and an established regulatory framework, but carries moderate security, permitting, and fiscal-policy risk relative to Canada/US/Australia.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at La Virginia Project, Sonora, Mexico (checked Oct 2, 2026; recheck due Mar 31, 2027). Counts at a neutral 5/10 until one does.
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:3.5/10
Stage: Resource Definition
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:6/10
Mexico: jurisdiction score 6/10
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 and Director of Silver Viper Minerals Corp.; also a director of Orex Minerals Inc. 12 years' experience in the mining sector, having worked in corporate development for Orko Silver Corp, Barsele Minerals Inc, Orex Minerals Inc and Timmins Gold Corp, covering financing, project evaluation, investor relations and mergers and acquisitions.
Chief Financial Officer of Silver Viper Minerals Corp., effective January 23, 2026; also Chief Financial Officer of Copper Lake Resources Ltd and Orex Minerals Inc. Over 30 years of financial leadership experience spanning public and private companies, with expertise in accounting, capital markets, corporate governance, financial reporting and strategic growth initiatives. Held senior finance roles across North America and the Middle East, including at TSX-listed mining companies. Chartered Professional Accountant (CPA, CA) in Canada and a U.S. Certified Public Accountant (CPA); Bachelor of Commerce (Honors). Concurrently CFO of Goldsky Resources Corp. (TSX-V: GSKR), formerly First Nordic Metals.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Fresnillo plc — the world's largest primary silver producer — holds about 13.19% of Silver Viper and operates the Coneto project. But how it got there matters: Silver Viper bought Coneto from Fresnillo and Orex Minerals in May 2026 for US$15 million paid entirely in shares, so Fresnillo's stake is consideration for an asset it sold rather than a cash decision to buy in. It did also sign an investor rights agreement with anti-dilution protection and stay on as operator, which is more commitment than a vendor has to give. Beyond that the register is bare — no fund holders, institutional ownership of 1.4%, and no insider transactions on file.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Despite its name, Silver Viper Minerals' leading metal by value is gold: its flagship, the 100%-owned La Virginia gold-silver project in Sonora, Mexico, has a maiden resource, effective 1 May 2021, containing 154,300 oz of gold and 6,929,000 oz of silver in the indicated category (6,179,000 t at 0.78 g/t gold and 35 g/t silver), with gold about 64% of the indicated value, plus 260,300 oz of gold inferred. Infill drilling at the El Rubi zone, 27 holes and 8,885.5m since October 2025, is aimed at upgrading the resource, and in July 2026 returned 15.8m of 2.20 g/t gold and 355.2 g/t silver in hole LV26-356. Silver Viper also owns 100% of the Coneto gold-silver project in Durango, acquired from Fresnillo and Orex Minerals for US$15M in shares and closed on 4 May 2026, and the Cimarron gold-copper project in Sinaloa.