Northwire Canada EditionSunday, July 26, 2026
Sign inSubscribe
Northwire
⌕
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Silverco Intercepts 8.8m Grading 319 g/t AgEq, 12.4m at 273 g/t AgEq, and 15.7m at 193 g/t AgEq in Parallel Vein Sets at San Miguel Zone

By The Northwire Desk — AI Analysis Nov 26, 2025 · 08:01 SICO · 4.9 Silverco Mining Ltd.
SICO · Price

Executive Summary

  • Silverco Mining released third‑batch assay results from its 2025 diamond drill program at the Cusi Property, highlighting multiple high‑grade silver‑equivalent intercepts (up to 319 g/t AgEq over 8.8 m).
  • The data reveal a shift from isolated veins to a corridor of steeply‑dipping, parallel veins spaced ~10 m apart, supporting a bulk‑mining model rather than narrow‑vein underground mining.
  • All reported intercepts fall outside the cut‑off date for the upcoming Mineral Resource Estimate (MRE) update slated for December 2025; they will be incorporated into a subsequent MRE revision in 2026.

Key Details

  • Significant Intercepts
  • Hole CU‑25‑37: 8.8 m @ 319 g/t AgEq (incl. 0.68 g/t Au, 1,155 g/t Ag)
  • Hole CU‑25‑37: 12.4 m @ 273 g/t AgEq (incl. 0.32 g/t Au, 958 g/t Ag)
  • Hole CU‑25‑39: 15.7 m @ 193 g/t AgEq (incl. 0.22 g/t Au, 1,222 g/t Ag)
  • Hole CU‑25‑39: 11.0 m @ 174 g/t AgEq (incl. 0.10 g/t Au, 1,194 g/t Ag)

  • Vein Geometry – Parallel, steeply dipping veins (~70–80°) spaced ~10 m apart; widths range from <1 m to >5 m (true width estimated at 65‑90% of core length).

  • Drill Program Overview

  • Total planned depth: 15,000 m surface diamond drilling (≈ 2/3 complete).
  • Focus: Extend San Miguel vein strike and depth; infill/exploratory work on down‑thrown blocks.

  • Core handling: HQ to 400 m depth, NQ beyond; half core retained for reference.

  • Assay Methodology & QA/QC

  • Samples analyzed by ALS Minerals (ISO/IEC 17025 certified).

  • Control samples ≈ 18% of total; analytical procedures include four‑acid digestion ICP‑AES and fire assay for high‑grade silver/gold.

  • Technical Disclosure – Qualified Person: Nico Harvey, P.Eng., VP Project Development (NI 43‑101).

  • Future Plans

  • Remaining assays expected Q4 2025 and Q1 2026.
  • Results to be incorporated into a 2026 MRE update.
  • No production decision yet; restart contingent on technical, financing, permitting milestones.

Notable Quotes

“These results represent a potential paradigm shift for the Cusi project… a corridor of parallel, high‑grade veins … ideally suited for mechanized bulk mining.” – Mark Ayranto, President & CEO

All non‑material boilerplate, forward‑looking statements, and company background have been omitted per instructions.

Read the original news release →

More from Silverco Mining Ltd.

Jul 13, 2026 · 06:31

Silverco begins drilling at La Negra and plans to restart Cusi, leveraging its cash-rich position to execute its development strategy.

Drill Results Jul 07, 2026 · 06:31

Silverco’s Promontorio infill hole returned 11,330 g*m Ag, a world-class grade-width metric near known stopes.

Drill Results Jun 25, 2026 · 06:31

Silverco Mobilizes Underground Mining Contractors at Cusi Property

Production / Operations Jun 16, 2026 · 06:31

Silverco Mining Intersects 1,712 g/t AgEq over 1.4 metres Adjacent to Near-Term Planned Stopes at Cusi

Drill Results May 28, 2026 · 18:03

Silverco Confirms Producer Status and Financing, But Dilution Weighs on Sentiment

Earnings May 21, 2026 · 19:03

Silverco Confirms Cusi Restart Timeline Following Acquisition Completion, Yet Trades Below Financing Price

Technical Study