Northwire Canada EditionWednesday, October 21, 2026
Northwire
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GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4% GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4%
Drill Results Routine +

Aftermath Silver Drilling at Berenguela Returns 33.2m @ 394g/t Ag + 1.19% Cu

Aftermath Silver Berenguela Project Drilling Completion Validates PFS Path Amidst Commodity Price Volatility

Executive Summary
  • Aftermath Silver released assay results from 19 holes of its Phase 3 diamond drill program at the Berenguela silver-copper-manganese deposit in Peru.
  • The infill drilling successfully delineated high-grade mineralization within existing resource zones to assist in planning a potential starter pit.
  • Total core drilling completed across three phases is now 15,540m.
  • Significant intercepts reported include AFD165 (33.2m @ 394g/t Ag + 1.19% Cu) and AFD178 (multiple high-grade intervals).
  • Geological findings extended the known strike length of mineralization to at least 1,550m with host stratigraphy consisting of folded limestones.
  • Future work will shift focus to geotechnical holes required for the Pre-Feasibility Study (PFS), followed by exploration of Copper East and Southwest Intrusive targets.
  • CEO Ralph Rushton confirmed infill drilling in Domains 1 and 2 is finished, validating the 2025 mineral resource estimate.
Material Impact
  • The news confirms the completion of a critical infill drilling program necessary to de-risk the ongoing Pre-Feasibility Study (PFS).
  • While grades are high (394g/t Ag), this represents confirmation of existing zones rather than a new discovery, aligning with expectations set in March 2026.
  • The shift to geotechnical drilling is a standard procedural step following infill completion and does not introduce unexpected variables.
  • The financing completed in December 2025 ($20M) was explicitly intended to fund this work; the progress validates capital deployment without requiring immediate additional dilution.
  • Given the prior Material - Positive rating for March drilling results, this update is incremental confirmation rather than a fundamental change in project economics or risk profile at this stage.
AAG · Price
Company Overview
  • Company: Aftermath Silver Ltd., publicly traded on TSX Venture (AAG).
  • Flagship Project: Berenguela in southern Peru, a carbonate-replacement deposit hosting silver, copper, and manganese.
  • Project Status: Development-stage with 100% ownership secured following acquisition completion in January 2026.
  • Resource Base: Measured & Indicated resources of 122.5 Moz Ag, 717.1 Mlb Cu, and 2.93 Mt Mn based on the November 2025 estimate.
  • Secondary Assets: Challacollo (Chile) silver-gold project and Cachinal (Chile) silver-gold project.
  • Jurisdiction: Peru is a tier-1 mining jurisdiction with established infrastructure, though political risks remain inherent to the region.
Read the original news release →

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