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

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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.
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May 19, 2026 · 07:01