Argenta Silver Corp. Intersects 246 g/t Ag over 20.00m and Discovers New Gold-Copper Target at El Quevar Project and Adoption of RSU/PSU/DSU Plan
High-grade silver continuity confirmed at flagship deposit, while a nascent copper-gold system emerges to muddy the pure-play waters.
On January 21, 2026, Argenta Silver Corp. released results from the first three holes of its 2025–2026 Summer Drill Program at the El Quevar Project in Salta, Argentina. The news highlights two distinct developments: 1. Silver Continuity at Yaxtché: Hole QVD-423 intersected 246 g/t Silver (Ag) over 20.00 meters (from 173m depth). This hole targeted a previously undrilled gap within the existing resource model. 2. New Copper-Gold Discovery at Carmen: Holes QVD-424 and QVD-425 identified a new mineralized system 3km south of the main silver zone. * QVD-424 returned narrow high-grade intervals: 1.0m @ 1.35% Copper (Cu) and 160 g/t Ag, and another 1.0m @ 0.76% Cu. * QVD-425 returned a broad, lower-grade interval: 44.0m @ 0.57 g/t Gold (Au) and 0.58% Cu (from 316m depth). 3. Administrative: The company adopted a new Omnibus Share Incentive Plan (RSU/PSU/DSU) granting up to ~25.6 million share units, subject to TSXV approval.
This news is Material - Positive, though it does not carry the explosive "game changer" weight of the bonanza grades reported in mid-2025 (e.g., >1,000 g/t Ag). * Derisking the Asset: The 246 g/t Ag intercept is critical because it fills a gap in the resource model. While lower than the 1,000 g/t "headline" hits of the past, 246 g/t Ag over 20m is highly economic and confirms the structural continuity required to expand the Indicated Resource. * Exploration Optionality vs. Focus: The discovery of Gold-Copper at Carmen is a double-edged sword. It demonstrates district-scale potential (positive), but 0.58% Cu / 0.57 g/t Au over 44m at 300m depth is borderline economic and may require significant capital to define. It risks distracting the market from the premium "pure silver" narrative that drove the stock from $0.20 to $1.13. * Share Structure: The adoption of the RSU/PSU plan is routine but signals management's preparation for long-term retention, likely resulting in future non-cash compensation expenses.
- Company: Argenta Silver Corp. (TSXV: AGAG, OTCQX: AGAGF).
- Flagship Project: El Quevar Silver Project (Salta Province, Argentina).
- Asset Details: A high-grade silver deposit (Yaxtché) with an Indicated Resource of 45.3M oz Ag @ 482 g/t and Inferred 4.1M oz Ag. The project was acquired for a low cost relative to historical sunk capital (~$60M).
- Status: Advanced Exploration. The company is currently executing a 15,000m drill program (Winter/Summer campaigns) focused 40% on resource expansion and 60% on new discoveries.