Northwire Canada EditionSaturday, July 11, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Aftermath Silver Intercepts 30.0 metres of 77 g/t Silver + 2.93% High Grade Copper at Berenguela

Aftermath’s Berenguela infill drilling confirms high-grade zones as the stock tests new lows amid broader market drag and a PFS timeline.

Executive Summary

Aftermath Silver Ltd. announced assay results from the final 15 holes of its 90-hole Phase 3 diamond drill program at the Berenguela project in Peru. Significant high-grade intercepts were reported, including AFD184 returning 62.3m @ 81 g/t Ag + 1.99% Cu + 19.2% Mn (including 30.0m @ 77 g/t Ag + 2.93% Cu + 21.0% Mn) and AFD190 returning 24.5m @ 293 g/t Ag + 0.81% Cu + 14.3% Mn (including 4.95m @ 882 g/t Ag).

The completed infill drilling targets a 100m strike length to delineate high-grade mineralization for a planned starter pit and supports metallurgical testwork and mine scheduling for the ongoing pre-feasibility study (PFS). A second drill rig is mobilizing to explore the Copper East and Southwest Intrusive Skarn targets. QA/QC indicates a 97% weighted average drillhole recovery with 4 CRM fails observed out of 173 samples.

Material Impact

Aftermath Silver Ltd. (AAG) reported results consistent with previous Phase 3 drill releases in March and May 2026, confirming the continuity of high-grade silver, copper, and manganese mineralization. The infill drilling did not materially expand the December 2025 NI 43-101 resource estimate, which reported 122.5 Moz Ag and 717.1 Mlb Cu in Measured & Indicated categories.

The findings serve as a routine milestone to de-risk the geological model ahead of the Preliminary Feasibility Study (PFS), launched in February 2026. Market reaction has been muted to negative, with the stock trading near its 52-week low, suggesting investors are focused on cash burn and financing needs rather than incremental drill results.

AAG · Price
Company Overview

Aftermath Silver Ltd. is a junior explorer advancing silver-gold projects in Chile and Peru. Its flagship asset is the Berenguela Silver-Copper-Manganese Project, located in the Puno Department of southern Peru at an elevation of 4,200m on the Altiplano.

According to a December 2025 NI 43-101 report, the company holds a resource base of 122.5 Moz Ag and 717.1 Mlb Cu in Measured & Indicated categories, plus 2.93 Mt Mn. Manganese is the primary economic driver, accounting for approximately 75% of relative value, followed by silver at ~13% and copper at ~11%.

The company also holds other assets, including the Challacollo (Ag-Au) project in Chile and the Cachinal (Ag-Au) project in Chile. Infrastructure including rail, power, road, and labor is within 6km of the Berenguela site. A railway loading station at Santa Lucia connects the project to Matarani Port.

Read the original news release →

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