Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

BP Silver Discovers Multiple New Veins and Breccia Structures at the Cosuno Silver Project

BP Silver Extends Cosuño Corridor to 3.5km, Awaits Critical June Assays as Phase 2 Drilling Prep Continues

Executive Summary
  • BP Silver Corp announced an exploration update for its Cosuño Silver Project in Bolivia on May 19, 2026.
  • Geological mapping has extended the mineralized corridor to approximately 3.5 km.
  • Identified 16 new outcropping vein and breccia structures with aggregate strike length of ~2,100 m.
  • Significant structure identified at Jalsuri Northeast extending ~1,000 m (most significant in that area to date).
  • Over 200 new chip and channel samples collected; assay results expected first week of June.
  • Total project sampling exceeds 520 samples since inception.
  • Widespread stockwork mineralization recorded suggesting potential bulk-tonnage targets alongside high-grade veins.
Material Impact
  • The news is consistent with the work program outlined on May 14, 2026 (road construction, mapping, geophysics).
  • It confirms the robustness of the system but does not provide new grade data; assay results are pending in June.
  • Compared to February/March drill results which drove price from $0.85 to $1.32, this is incremental progress rather than a valuation re-rating event.
  • No strategic investors (e.g., Sprott, Lundin) or M&A activity mentioned; no material change in capital structure beyond previous financing.
  • The extension of the corridor supports the long-term thesis but does not de-risk the project as significantly as drill intercepts did previously.
  • Market likely priced in this exploration progress following the $10M financing closure in April 2026.
BPAG · Price
Company Overview
  • Company: BP Silver Corp (TSX-V: BPAG | OTCQB: BPSCF).
  • Flagship Project: Cosuño Silver Project, Bolivia.
  • Project Type: Early-stage exploration targeting silver-gold polymetallic mineralization within a ~10.5 km² lithocap zone.
  • Status: Phase 1 drilling completed (Nov-Dec 2025); Phase 2 planned for mid-2026.
  • Targets: Pocañita Chica, Pocañita Grande, Pocalleta, Jalsuri.
  • Community: 5-year community agreement and MOU in place to provide social licence.
  • Management: Tim Shearcroft (CEO), Dr. Mark Cruise (Executive Chair), Stewart Redwood (Director/Qualified Person).
Read the original news release →

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