Drill Results
Silverco Mining Expands on San Miguel Target, Drilling 8.6m Grading 250 g/t AgEq and 2.1m Grading 1,042 g/t AgEq at the Cusi Property, Chihuahua, Mexico

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Executive Summary
- Silverco Mining released initial assay results from its 15,000 m 2025 diamond drill program at the San Miguel vein, showing multiple high‑grade AgEq intercepts (e.g., 1,868 g/t AgEq over 1.4 m).
- The results expand known mineralization depth by ~100 m and confirm continuity across a 260 m strike length, supporting plans for a potential restart of production at Cusi in 2026.
- The drill program is two‑thirds complete; additional assays are expected through Q1 2026, with further step‑out drilling planned to test lateral and depth extensions.
Key Details
- High‑grade intercepts:
- Hole CU-25-29 – 2.1 m @ 1,042 g/t AgEq; 8.6 m @ 250 g/t AgEq.
- Hole CU-25-25 – 1.4 m @ 1,868 g/t AgEq; 4.9 m @ 365 g/t AgEq; 2.7 m @ 422 g/t AgEq.
- Additional notable assays:
- CU‑25‑21 – 0.7 m @ 643 g/t AgEq.
- CU‑25‑22 (Promontorio) – 1.1 m @ 710 g/t AgEq.
- CU‑25‑23 – 1.1 m @ 740 g/t AgEq; 3.5 m @ 383 g/t AgEq.
- Program scope: 15,000 m total planned; ~10,000 m completed (≈2/3).
- Drilling methodology: Surface diamond drilling with HQ core to 400 m depth, then NQ; all core logged, photographed, split for assay and retention.
- Assay laboratory: ALS Minerals (ISO/IEC 17025 certified); QA/QC samples ≈18% of total, meeting accuracy thresholds.
- Geology: Vein system hosted in rhyolite lapilli tuff; steeply dipping (70‑80°) parallel veins, widths 1–5+ m.
- Future work: Continued step‑out drilling to extend strike beyond the current 260 m and deepen exploration; additional infill/drilling of down‑thrown blocks planned.
- CEO comment (Mark Ayranto): Emphasized that results demonstrate “significant vein widths at high grade” and form a foundation for a potential production restart next year.
Notable Quotes
"Drilling at San Miguel continues to showcase significant vein widths at high grade… We believe that San Miguel will provide the foundation for achieving increased production from Cusi in a potential restart next year." – Mark Ayranto, CEO
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Jul 13, 2026 · 06:31