Drill Results
Zacatecas Silver Reports High-Grade Gold and Silver Surface Sampling Over 2 km Strike Length at Oso Negro, Sonora
Zacatecas Silver tests high-grade epithermal veins at Oso Negro as permitting nears and cash burn demands near-term capital.

Executive Summary
- Zacatecas Silver Corp. released high-grade gold and silver surface sampling results from its newly acquired Oso Negro project in Sonora, Mexico.
- Sampling covered a 2 km strike length across three outcropping low sulphidation veins, returning up to 14.8 g/t Au and 2,340 g/t Ag.
- 39 of 134 vein samples exceeded 1 g/t Au, and 35 exceeded 100 g/t Ag. Eleven samples also showed >1% combined lead and zinc.
- Geological interpretation indicates samples were collected above the boiling zone of the epithermal system, suggesting higher-grade mineralization remains intact and untested at depth.
- The company plans to submit a drill permit application to SEMARNAT by the end of June 2026 and will conduct follow-up sampling guided by new multispectral satellite imagery.
- This follows the definitive option agreement announced on June 8, 2026, to acquire the Oso Negro, Cumaro, La Lola, and Ejutla properties from Heliostar Metals.
Material Impact
- The sampling results validate the high-grade epithermal potential of the Oso Negro property, which was a cornerstone of the Heliostar portfolio acquisition.
- The discovery of high-grade intercepts above the boiling zone is a standard but positive geological indicator for epithermal systems, implying upside potential if drilling confirms the model.
- The news is incremental and expected, serving as a follow-up to the April 16 sampling program and the June 8 option agreement. It does not introduce new financial terms or alter the strategic thesis.
- The primary material takeaway is the upcoming drill permit submission deadline (end of June 2026), which sets the stage for the next exploration catalyst.
ZAC · Price
Company Overview
- Zacatecas Silver Corp. is an exploration-stage company focused on silver and gold assets in Mexico.
- Flagship Project: Zacatecas Silver Project (Panuco and El Cristo vein systems).
- Panuco Resource: Inferred 20.5 Moz AgEq (19.0 Moz Ag + 19.2 koz Au) from 3.41 Mt at 187 g/t AgEq.
- El Cristo: A 3 km strike-length intermediate sulphidation vein system, historically showing high-grade silver-base metal intercepts. Drilling commenced in March 2026.
- Esperanza Gold Project: Advanced oxide heap-leach asset, currently stalled due to Mexican regulatory opposition to open-pit mining.
- New Portfolio: Heliostar option covering Oso Negro, Cumaro, La Lola, and Ejutla, adding district-scale land packages and multiple high-grade epithermal targets.
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Jul 09, 2026 · 06:30