Aftermath Silver Drilling At Berenguela Returns Multiple High Grade Copper and Silver Intercepts Including 48.5m @ 438g/t Ag + 2.22% Cu

The most recent news (March 25, 2026) reports the first assay results from the Phase 3 diamond drill program at the Berenguela silver-copper-manganese project in Peru. Key intercepts include 48.5m at 438 g/t Ag and 2.22% Cu, and 45.8m at 528 g/t Ag and 1.48% Cu. Due to these positive geological observations, the company has doubled its drill program from 3,000m to 6,000m. This follows the February 2026 appointment of DRA Global to lead a Pre-Feasibility Study (PFS) and the January 2026 completion of 100% ownership of the project from SSR Mining.

The news is Material - Positive. While the market was aware of the project's potential, these specific intercepts (e.g., 1,042 g/t Ag over 11.4m) significantly exceed the average resource grades (78 g/t Ag in M&I). - Resource Confidence: The drilling is successfully infilling the western part of the resource, which is slated for the initial years of a potential open-pit mine. This reduces technical risk for the upcoming PFS. - Strategic Shift: The doubling of the drill program suggests management sees an opportunity to further expand the high-grade core or convert more resources to the "Measured" category, which carries higher economic weight. - Copper Association: The strong copper grades (up to 2.22% in long intercepts) provide a significant "critical metal" kicker to the silver investment thesis, diversifying the revenue stream.

Aftermath Silver is a developer focused on silver and critical metals in Latin America. - Flagship: Berenguela (Peru). A 100% owned Ag-Cu-Mn deposit. It is unique due to its high manganese content (75% of relative metal value), which the company aims to process into battery-grade manganese sulphate for the EV market. - Secondary Project: Challacollo (Chile). A high-grade silver-gold epithermal system with an existing Indicated resource of 35 Moz Ag.