Ten employees of the Vancouver-based Vizsla Silver Corp have been missing since 23 January, when they were taken from a mining site near Concordia, Mexico.

Vizsla Silver Corp said it had been informed by family members of some of the kidnapped workers that their relatives were found deceased.

The mining firm says it is "awaiting confirmation from the Mexican authorities and will provide further updates as appropriate."

"We are devastated by this outcome and the tragic loss of life," Vizsla president and CEO Michael Konnert said.

Konnert offered condolences to the families of the dead, and said "our focus remains on the safe recovery of those who remain missing".

One family member told CBC News that he identified the body of his 43-year-old brother on Sunday.

He said his brother, José Manuel Castañeda Hernández, worked as a geologist.

"In truth, this has been very painful to be here, in a place where we don't want to be," his brother Jaime Castañeda told CBC, adding later: "There's no justice with what's happening."

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Police say they won't speculate on the intent of the accused, who appeared to have been developing an anti-drone weapons system to meet "military demand".