Northwire Canada EditionMonday, August 10, 2026
Northwire
PRU 5.49 +0.9% TOM 0.160 +14.3% QCX 0.235 +6.8% LOD 0.360 −7.7% SSE 0.085 −5.6% GEMG 1.75 +4.2% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.89 +10.5% NBY 0.085 −10.5% HBM 38.46 +0.1% SAGE 0.155 +6.9% NIM 0.760 +2.7% XTM 0.070 +7.7% SCD 0.210 +7.7% LXE 0.180 +24.1% PRU 5.49 +0.9% TOM 0.160 +14.3% QCX 0.235 +6.8% LOD 0.360 −7.7% SSE 0.085 −5.6% GEMG 1.75 +4.2% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.89 +10.5% NBY 0.085 −10.5% HBM 38.46 +0.1% SAGE 0.155 +6.9% NIM 0.760 +2.7% XTM 0.070 +7.7% SCD 0.210 +7.7% LXE 0.180 +24.1%
Drill Results

[Video Enhanced] Argenta Silver CEO Joaquin Marias Addresses Shareholders at 1-Year Anniversary after 320% Share Price Increase

LIT · Price

Executive Summary

  • Argenta Silver celebrated its first anniversary, highlighting $35 M raised to date and $12 M spent on acquisition, development and drilling at the El Quevar project.
  • The company disclosed significant drill intercepts (e.g., 1.05 m @ 18,467 g/t Ag; 533 g/t Ag over 20.20 m; 1,026 g/t Ag over 40 m) and confirmed the continuity of the Yaxtché deposit.
  • A robust drilling program for Nov 2025‑May/Jun 2026 is planned (12,000–15,000 m), with funding secured through May/June 2026; the resource estimate stands at 45.3 Moz indicated and 4.1 Moz inferred Ag.

Key Details

  • Financing to Date: C$35 M raised; C$12 M deployed (C$5 M acquisition, C$8 M operations).
  • Operational Spend Breakdown:
  • General & administrative, marketing, camp/road work, re‑logging ~29,000 m of historic core.
  • Database compilation, 3D modeling, mapping of 133 km², alteration studies on >6,000 samples.
  • Surface sampling: 1,400 samples assayed; 6,900 TerraSpec‑Density‑pH samples collected.
  • Infrastructure: 8 km new access roads, 4,244 m of new drilling generating ~4,200 samples.
  • Upcoming Drilling Campaign (Nov 2025–May/Jun 2026):
  • Planned total depth: 12,000–15,000 m.
  • Capital allocation: ~40 % resource expansion, ~60 % exploration.
  • Activities include infill & step‑out drilling, new geophysical surveys on previously unwalked terrain, and follow‑up of historic targets.
  • Key Drill Intercepts Reported:
  • 1.05 m @ 18,467 g/t Ag (record high).
  • July 21 2025 – 533 g/t Ag over 20.20 m.
  • August 13 2025 – 1,026 g/t Ag over 40 m.
  • September 23 2025 – 545 g/t Ag over 43.20 m (new exploration target).
  • Yaxtché Deposit Resource Estimate (NI 43‑101, effective 30 Sep 2024):
  • Indicated: 45.3 Moz Ag in 2.93 Mt at 482 g/t.
  • Inferred: 4.1 Moz Ag in 0.31 Mt at 417 g/t.
  • Shareholder Activity:
  • Frank Giustra increased stake to 15.09 % (Jan 29 2025).
  • Eduardo Elsztain invested US$5 M (May 2 2025).
  • Corporate Milestones (last 12 months): acquisition of El Quevar, listing in Germany, appointment of CEO, multiple financing events, and validation of deposit continuity.

Notable Quotes

“I am confident – yes, I am.” – Joaquin Marias, President & CEO, emphasizing confidence in the project’s upside.
“Our valuation has steadily strengthened… driven not only by favourable market conditions but also by our team consistently delivering results.” – Marias on company performance and outlook.

Read the original news release →

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