Pantera Silver Advances Rakanco Project with Drone Magnetic Survey Near Carangas Silver Discovery in Bolivia
Pantera sharpens focus on Bolivian silver as it abandons Mexican assets to preserve capital for Rakanco drilling.
The most recent news (March 17, 2026) announces the commencement of a high-resolution drone magnetic survey at the Rakanco Silver Project in Bolivia. This follows a previously completed satellite spectral study. The survey aims to refine drill targets by identifying structural corridors and alteration zones. Critically, the company announced it is relinquishing the Nuevo Taxco Project in Mexico to the vendor, electing not to allocate further resources there after a strategic review.
The impact is Routine - Positive. While the drone survey is a necessary technical step toward drilling, it is an incremental advancement of the exploration program already signaled in August 2025. The "Material" aspect of this update is actually the abandonment of the Nuevo Taxco project. By relinquishing this asset, Pantera is stopping "bad money" from following "good money" on an impaired asset (previously written down to $1), thereby preserving its $6.87M cash pile for the Rakanco project, which is adjacent to New Pacific Metals' significant Carangas discovery. This shows disciplined capital allocation but does not yet represent a discovery or a "game-changing" event.
Pantera Silver Corp. is a junior explorer focused on silver systems in the Americas. Its flagship is the Rakanco Silver Project in Oruro, Bolivia. The project covers 17,975 hectares in the Western Altiplano silver belt, adjacent to the Carangas discovery. It is characterized by a volcanic caldera setting with potential for large-scale epithermal silver and precious metals.