Northwire Canada EditionFriday, September 25, 2026
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GOLD 4298.00 −0.5% SILVER 64.00 −1.5% COPPER 6.77 +0.3% OIL 94.61 +2.7% PALLADIUM 1274.00 +0.3% TSLV 0.075 −11.8% ESM 0.160 +0.0% IMM 0.060 +0.0% BRON 0.055 +0.0% NG 10.09 −1.1% EAM 0.075 +0.0% LUG 91.04 −0.7% MOLY 1.73 +1.8% V 0.340 +0.0% AUMB 0.810 −3.6% BYN 1.92 +0.5% RME 0.230 +0.0% TOM 0.195 +0.0% GNG 0.070 +0.0% ETL 0.780 −1.3% SGZ 0.035 +16.7% GOLD 4298.00 −0.5% SILVER 64.00 −1.5% COPPER 6.77 +0.3% OIL 94.61 +2.7% PALLADIUM 1274.00 +0.3% TSLV 0.075 −11.8% ESM 0.160 +0.0% IMM 0.060 +0.0% BRON 0.055 +0.0% NG 10.09 −1.1% EAM 0.075 +0.0% LUG 91.04 −0.7% MOLY 1.73 +1.8% V 0.340 +0.0% AUMB 0.810 −3.6% BYN 1.92 +0.5% RME 0.230 +0.0% TOM 0.195 +0.0% GNG 0.070 +0.0% ETL 0.780 −1.3% SGZ 0.035 +16.7%
Drill Results

Sendero Resources Provides Strategic and Exploration Update at the Penas Negras Project, Argentina

SEND · Price

Executive Summary

  • Sendero Resources announces completion of Phase I (3,126 m core drilling, extensive geophysical work) and outlines a Phase II drill program (~3,600 m) slated for Q1 2026 to test a newly modeled porphyry‑epithermal target in the Vicuña Belt.
  • Phase I generated multiple intercepts of gold‑copper mineralization (e.g., 256 m @ 0.53 g/t AuEq, 364 m @ 0.51 g/t AuEq).
  • The company has integrated regional datasets into a predictive discovery model that identifies a 3 km × 2 km structurally‑defined target area and supports a pipeline of future exploration targets on its 211 km² land package.

Key Details

  • Phase I Summary:
  • 3,126 m core drilling in eight holes.
  • 715 km airborne magnetics/radiometrics; 10 km² IP lines; 211 km ground magnetics surveys.
  • Results demonstrated both porphyry and epithermal mineralization signatures.

  • Highlighted Intercepts (Phase I):

  • Hole PNDH‑001 (La Peña) – 226 m @ 0.22 g/t AuEq from surface*.
  • Hole PNDH‑002 (Tamberías) – 168 m @ 0.22 g/t AuEq from surface*.
  • Hole PNDH‑003 (La Ollita) – 256 m @ 0.53 g/t AuEq from 84 m*.
  • Hole PNDH‑004 (La Ollita) – 266 m @ 0.52 g/t AuEq from 96 m**.
  • Hole PNDH‑05 (La Ollita) – 300 m @ 0.36 g/t AuEq from 122 m**.
  • Hole PNDH‑06 (La Ollita) – 364.2 m @ 0.51 g/t AuEq from 33.8 m**.

  • Data Integration & Modeling:

  • Consolidated historic and recent geophysical, geochemical, spectral, drilling, trenching, and structural data into an integrated database.
  • Developed a mineral‑systems‑based geological model highlighting a gold‑copper porphyry system with high‑sulfidation epithermal affinities within the Mogotes structural corridor.

  • Phase II (Q1 2026) Plan:

  • ~3,600 m of drilling targeting the newly defined 3 km × 2 km tract that exhibits favorable structural, alteration, and geophysical signatures.
  • Objective: advance Peñas Negras toward a discovery capable of redefining the Mogotes corridor.

  • Strategic Context:

  • Project sits in central Vicuña Belt, adjacent to world‑class copper‑gold discoveries (Filo del Sol, José María, Lunahuasi).
  • Land package totals 211 km² with additional option to earn 100 % interest on eight adjoining concessions covering 91.7 km².

  • Management Quote:

    “2025 has been a transformative year for Sendero… Our focus now shifts to drilling – the stage where true value is created.” – Alex Gostevskikh, CEO

Notable Quotes

  • “Our focus now shifts to drilling – the stage where true value is created. We believe Peñas Negras gives our shareholders rare exposure to the next discovery potential in the Vicuña Belt.” – Alex Gostevskikh, Chief Executive Officer

Qualified Person: Steven McMullan, P.Geo., NI 43‑101 qualified.

Read the original news release →

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