Argenta Silver Corp. Drills 1,026 g/t Silver over 40 meters, including 18,467 g/t Silver over 1.05 meters on its Drill Program at El Quevar Project
TSX-V:AGAG
Highlights
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QVD-412 validates continuity with 1,026 g/t Ag over 40.00 meters, including 2,246 g/t Ag over 15.00 m, which includes 4,423 g/t Ag over 6.00 m, which also includes 18,467 g/t Ag over 1.05 m.*
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QVD-413 delivers
414 g/t Ag over 14.35 meters, including 795 g/t Ag over 3.00 m and 466 g/t Ag over 4.00 m, expanding the up-dip potential for the existing resource. *
- QVD-411 was halted at 92 meters due to operational challenges. The target remains in the program and will be re-drilled after other priority areas are completed. *
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*Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time. |
Joaquin Marias, CEO, President and Director of
2025 Winter Drilling Program Results –
Drilling kicked off in late May as part of a fully funded 4,000 m winter campaign designed to confirm known high–grade zones, step out along strike, and test new targets. Assays from the first group of results were announced on
Of the three drill holes from the second batch of results with assays in hand:
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One infill hole (QVD-412), drilled in a gap of 60 meters with no previous drilling. This drillhole confirms the presence of mineralization on mentioned gap with similar grades as the surrounding drillholes, including one intercept that is an all-time record high for the project These results support infill drilling in upcoming programs for an area that could potentially increase the resource in the future.
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One resource expansion hole (QVD–413), drilled up dip from the existing resource. This drillhole confirms the extension of mineralization up dip from the existing resource in that area, encouraging the company to keep testing in future programs the up-dip section in between the deposit and surface.
- One abandoned drillhole (QVD-411) due to operational challenges. This drillhole was halted at 92 meters, before reaching the proposed target. This target remains in the exploration plan and it will be redrilled once the other targets have been drilled.
Highlighted intercepts from QVD-412 and QVD-413* (see Table 1):
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QVD-412 [infill drillhole]: 1,026 g/t Ag over 40 meters; including three highlighted intervals of:
- 532 g/t Ag over 7.00 m which includes: 1,575 g/t Ag over 2.00 m.
- 2,246 g/t Ag over15.00 m which includes: 2,815 g/t Ag over 2.00 m; 4,423 g/t Ag over 6 m (including 1.05 m with 18,467 g/t Ag); and 322 g/t Ag over 4.00 m.
- 347 g/t Ag over 9.00 m which includes: 519 g/t Ag over 3.00 m.
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QVD-413 [up-dip expansion drillhole]: 414 g/t Ag over 14.35 meters; including three highlighted intervals of:
- 795 g/t Ag over3.00 m.
- 466 g/t Ag over 4.00 m.
- 399 g/t Ag over 3.00 m.
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*Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time. |
The mineralization observed in these drillholes aligns closely with findings from the extensive relogging completed during Phase 1 (see press release from
Alongside with previously disclosed drillholes from this program (see news release from
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Table 1: 2025 Winter Drilling Program Second Batch of Assays (cut-off-100 g/t Ag)* |
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Hole ID |
From |
To [m] |
Length* |
Ag [g/t] |
Au |
Pb |
Zn |
Cu |
End Of |
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QVD-412 |
290.00 |
330.00 |
40.00 |
1026 |
0.01 |
0.62 |
0.07 |
0.08 |
394.50 |
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including |
290.00 |
297.00 |
7.00 |
532 |
0.01 |
1.91 |
0.12 |
0.03 |
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which includes |
294.00 |
296.00 |
2.00 |
1575 |
0.02 |
0.43 |
0.17 |
0.10 |
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including |
299.00 |
314.00 |
15.00 |
2246 |
0.01 |
0.43 |
0.10 |
0.17 |
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which includes |
299.00 |
301.00 |
2.00 |
2815 |
0.01 |
0.28 |
0.15 |
0.29 |
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which includes |
303.00 |
309.00 |
6.00 |
4423 |
0.01 |
0.56 |
0.17 |
0.30 |
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which includes |
310.00 |
314.00 |
4.00 |
322 |
0.01 |
0.44 |
0.03 |
0.04 |
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including |
321.00 |
330.00 |
9.00 |
347 |
0.01 |
0.27 |
0.03 |
0.05 |
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which includes |
325.00 |
328.00 |
3.00 |
519 |
0.01 |
0.33 |
0.04 |
0.07 |
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QVD-413 |
258.65 |
273.00 |
14.35 |
414 |
0.01 |
0.28 |
0.18 |
0.07 |
289.50 |
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including |
260.00 |
263.00 |
3.00 |
795 |
0.01 |
0.40 |
0.03 |
0.08 |
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including |
264.00 |
268.00 |
4.00 |
466 |
0.01 |
0.18 |
0.02 |
0.07 |
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including |
270.00 |
273.00 |
3.00 |
399 |
0.01 |
0.37 |
0.76 |
0.10 |
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*Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time. |
Exploration Drilling Commences on New Targets
Argenta is also pleased to announce that it has commenced drilling on the exploration targets (Atenea, Andrea, Argenta and Mani-Copan) located outside the main Yaxtché deposit. This represents a significant step forward, as many of these areas have never been drill-tested by previous operators. The exploration targets were selected during Phase 1 (see press release from
This campaign underscores the company's commitment to systematically and aggressively expanding the property's mining potential, employing a data-driven approach to discovering new mineralized zones.
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About
The foundational Mineral Resource Estimate of the Yaxtché deposit boasts an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag (1). The mineral resource area remains open at depth and in multiple directions, particularly to the southeast and northwest. One of the objectives of the 2025 Winter Drilling Program is to specifically target and expand these high-grade Yaxtché zones.
The mineralization at the Yaxtché deposit is defined as a silver rich, high to intermediate-sulphidation epithermal system with associated gold. Mineralization is controlled by NW-SE and NE-SW fault structures and is mainly hosted in brecciated zones and dacite domes. Silver minerals at Yaxtché consist of complex silver sulphides, sulphosalts and native silver. These minerals are found within silicified breccias, commonly appearing as veinlets, stockworks, disseminations, and breccia fillings.
QAQC Statement
The Company adheres to CIM Best Practices Guidelines for exploration-related activities conducted on its property. Quality Assurance and Quality Control (QA/QC) procedures are overseen by a Qualified Person.
All geochemical sample assay results from
The logging and sampling of the El Quevar drill core were completed at Argenta's core handling facilities in
Soil samples were prepared by drying and sieving to minus 80 mesh. Rock chip and diamond drill core samples were dried and then underwent 2 stage crushing to 80% passing minus 10 mesh before collecting a 600 gram split that was pulverized to 90% passing -140 mesh. A 200 gram split is sent for analysis and the remaining 400g is archived. All samples were analyzed for gold using a fire assay on a 50-gram sample with an AAS finish, and for 39 elements by 4 acid, ICP-OES on a 0.2-gram sample. Soils were also analyzed for mercury using cold vapor AA on a 0.2-gram. Overlimit silver was determined by a 50-gram fire assay with a gravimetric finish and over limit lead, zinc and copper were determined by ICP_OES using a mixture of highly oxidizing acids on a 0.2-gram sample.
Qualified Person
(1) Refer to NI43-101 technical report with effective date of
About
On behalf of
"Joaquín Marias"
President and Chief Executive Officer
Neither the
This news release contains forward-looking statements and forward-looking information as defined by applicable securities laws. Forward-looking statements include risks and uncertainties, as detailed in the Company's disclosure. The Company undertakes no obligation to update these statements except as required by law.
Forward Looking Information
Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the El Quevar project; potential for resource expansion and significantly larger mineralization beyond the current resource; further results from on-going exploration and evaluation of assays.
Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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