Drill Results
Argenta Silver Intersects 1,385 g/t Ag over 4.0m at Mani-Copan Target and Discovers New High-Grade Silver Zone at El Quevar
Argenta Silver Corp.
Executive Summary
- Latest Drilling Campaign: Argenta Silver reported high-grade silver intercepts from its ongoing 2025–2026 diamond drilling campaign at the El Quevar Project.
- Mani-Copan Target: Hole QVD-444 intersected 1,385 g/t Ag over 4.0m (from 271.0m to 275.0m).
- New Discovery: A new mineralized zone was discovered at the Argentina target with intercepts up to 725 g/t Ag over 3.0m.
- Program Progress: Over 14,500 meters completed across 61 holes (more than half of the total 25,000-meter program). Two rigs are operational.
- Existing Resource: Yaxtché Deposit holds 45.3 million ounces Indicated silver @ 482 g/t Ag and 4.1 million ounces Inferred @ 417 g/t Ag.
- Management Commentary: CEO Joaquin Marias stated results reinforce district-scale potential and confirm mineralization beyond the current resource envelope, noting Mani-Copan shares a geochemical signature with Yaxtché but has higher-grade surface samples.
Material Impact
- Confirmation of Trend: The 1,385 g/t Ag intercept at Mani-Copan is consistent with previous high-grade results announced in February 2026 (4,982 g/t Ag over 7.5m), confirming the continuity of the mineralized system rather than introducing a fundamentally new valuation driver.
- Program Execution: The news confirms the company is executing its fully funded 25,000-meter program as planned in January/February 2026, validating management's capital allocation strategy.
- Market Context: Despite positive drilling results, the stock price has declined significantly from $0.93 (January 2026) to $0.53 (April 2026). This suggests the market is currently pricing in dilution risks or broader sector headwinds rather than exploration upside alone.
- Routine Nature: As this is part of an announced summer drill program where high grades were already anticipated following February results, the news is incremental validation rather than a surprise event that fundamentally alters the risk/reward profile immediately.
- Positive Sentiment: The discovery of a new zone at the Argentina target adds to the district-scale narrative, which supports long-term value but does not constitute an immediate resource update or financing event.
AGAG · Price
Company Overview
- Company Name: Argenta Silver Corp. (TSX.V: AGAG).
- Flagship Project: El Quevar Project in Salta Province, Argentina.
- Project Status: Exploration / Development (not yet producing).
- Asset Size: 57,000 hectares; less than 3% explored to date.
- Infrastructure: Extensive infrastructure including >60 km internal roads, camp for 100 workers, nearby rail, gas pipeline, and high-voltage transmission line.
- Deposit Type: High-grade silver deposit (Yaxtché) with potential for district-scale expansion (Mani-Copan, Argentina Target).
- Jurisdiction: Salta Province recognized by Fraser Institute as a top mining jurisdiction in Latin America.
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Jul 06, 2026 · 08:00