ARGENTA SILVER REPORTS SURFACE EXPLORATION RESULTS AT EL QUEVAR: HIGH GRADE SILVER AT SURFACE, 20+ TARGETS DEFINED
Argenta’s El Quevar project demonstrates district-scale potential through high-grade surface silver, despite concerns over mounting dilution and going-concern risk.
On June 30, 2026, Argenta Silver Corp. (AGAG) reported results from surface exploration and ongoing drilling at its El Quevar project. At the Mani-Copan target, the company identified a 500 m × 90 m footprint of high-grade silver, with surface rock-chip samples returning up to 20,000 g/t Ag. Drilling confirmed three mineralized levels, including previously disclosed hole QVD-433, which returned 4,982 g/t Ag over 7.5 m.
Resource-expansion drilling at the Yaxtché deposit has added approximately 20% to the footprint, extending 270 m of strike. Since May 2025, the company has drilled approximately 22,000 m, with 40% of assays still pending. Argenta outlined over 20 district-scale exploration targets across Quevar South, Quevar North, and Azufre, supported by a ground magnetic survey that is 89% complete.
Metallurgical testwork, with results expected in Q3 2026, and an environmental baseline study, scheduled for completion in July 2026, are underway. The company holds C$30 million in cash. Its current resource stands at 45.3 Moz Ag indicated and 4.1 Moz Ag inferred.
Argenta Silver Corp. (AGAG) issued a progress update that re-presents several previously reported drill intercepts, including the 4,982 g/t Ag from QVD-433, first disclosed in February 2026, and resource-expansion figures noted in April 2026. The release introduces genuinely new information, including surface sampling with a peak of 20,000 g/t Ag, the definition of more than 20 targets, and progress on geophysical surveys.
These findings confirm the district-scale model and provide a pipeline of drill-ready targets, though they do not alter the project’s economic calculus. No metallurgical or resource-expansion numbers were released that would materially re-rate the asset. Given the company’s aggressive exploration program and the market’s familiarity with high-grade silver at El Quevar, the news is consistent with expectations.
Argenta Silver Corp. (AGAG) is a single-asset silver explorer listed on the TSX-V. The company’s 100%-owned El Quevar project covers 57,000 ha in Salta Province, Argentina, a top-tier mining jurisdiction. The Yaxtché deposit hosts an NI 43-101 indicated resource of 45.3 Moz Ag (2.93 Mt @ 482 g/t Ag) and 4.1 Moz Ag inferred (0.31 Mt @ 417 g/t Ag). Less than 3% of the property has been explored. Mineralisation is a high-sulphidation epithermal system with associated gold-copper zones at the Carmen target. The site features exceptional infrastructure, including a 100-person camp, 80+ km of internal roads, a gas pipeline 4 km away, and a high-voltage power line 20 km away.