Drill Results
BP Silver Outlines 2026 Work Program at Cosuno
BP Silver Outlines Phase 2 Drilling Plan at Cosuño Following $10M Raise; Shares Consolidate Near Support

Executive Summary
- BP Silver Corp has outlined its 2026 exploration work program for the Cosuño Silver Project in Bolivia.
- The program includes road construction, geochemical sampling, and geophysical surveys (magnetic and induced polarization).
- Phase 2 drilling is planned consisting of approximately 2,000 metres to follow up on high-grade silver intercepts from Phase 1.
- An agreement has been entered into with Atrium Research Corporation for analyst coverage and research services for an 18-month period starting June 1, 2026.
- Compensation for the analyst coverage is C$51,300.
- CEO Tim Shearcroft states Cosuño has the potential to become a Tier 1 silver project following the successful Phase 1 drill program and upsized $10 million financing.
Material Impact
- The news confirms execution of previously announced plans rather than introducing new material catalysts.
- The Phase 2 drilling plan was already outlined in the April 2026 financing announcement (NewsId 594403) as a primary use of proceeds.
- The analyst coverage agreement is a standard operational expense for investor relations and does not materially alter the company's financial position or asset value.
- No new drill results, resource estimates, or strategic investments are disclosed in this release; it serves as an execution update to the $10 million capital raise closed in April 2026.
- The market has already priced in the Phase 1 success (February/March 2026) and the financing (April 2026), making this a routine follow-up announcement.
BPAG · Price
Company Overview
- Company Name: BP Silver Corp (TSX-V: BPAG | OTCQB: BPSCF).
- Flagship Project: Cosuño Silver Project located in Bolivia’s southeastern tin-silver belt.
- Project Status: Phase 1 drilling completed (Nov-Dec 2025); Phase 2 drilling planned for mid-2026.
- Asset Size: Approximately 10.5 km² lithocap zone with advanced argillic alteration.
- Mineralization: Confirmed silver-gold mineralization across four priority targets (Pocañita Chica, Pocañita Grande, Pocalleta, Jalsuri).
- Key Intercepts: Phase 1 returned high-grade intervals including 38m @ 116.39 g/t Ag and 5m @ 600.4 g/t Ag.
- Secondary Asset: Titiri project in Bolivia undergoing surface sampling and mapping; no drilling reported yet.
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Jul 07, 2026 · 07:01