Northwire Canada EditionMonday, November 2, 2026
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Gold 3,970.10 +1.8% Silver 51.03 +3.6% Copper 6.57 +1.4% Oil 97.25 −6.6% Palladium 971.75 −1.6% CDA 0.820 +0.0% SGML 8.20 −13.7% REC 0.075 +36.4% MOLY 1.46 +7.3% NIM 0.610 +1.7% GMX 2.04 +2.0% LEGY 0.800 +0.0% LIB 0.660 +1.5% NOBL 0.075 +0.0% GER 0.005 + BOL 0.055 +0.0% ECR 0.175 −7.9% BBB 0.550 +1.9% WGLD 0.120 +0.0% GLD 0.040 +0.0% TECT 1.57 +14.6% Gold 3,970.10 +1.8% Silver 51.03 +3.6% Copper 6.57 +1.4% Oil 97.25 −6.6% Palladium 971.75 −1.6% CDA 0.820 +0.0% SGML 8.20 −13.7% REC 0.075 +36.4% MOLY 1.46 +7.3% NIM 0.610 +1.7% GMX 2.04 +2.0% LEGY 0.800 +0.0% LIB 0.660 +1.5% NOBL 0.075 +0.0% GER 0.005 + BOL 0.055 +0.0% ECR 0.175 −7.9% BBB 0.550 +1.9% WGLD 0.120 +0.0% GLD 0.040 +0.0% TECT 1.57 +14.6%
Drill Results

Pacifica Silver Expands Phase II Drill Program at Claudia to 20,000 m; Appoints Dr. Steven I. Weiss as Interim VP Exploration

By The Northwire Desk — AI Analysis Mar 16, 2026 · 08:02 PSIL · 1.21 Pacifica Silver Corp.
PSIL · Price

Executive Summary

  • Pacifica Silver expands its Phase II drill program at the Claudia Silver‑Gold Project from 12,000 m to 20,000 m (≈67% increase).
  • To date, ~6,452 m across 25 holes have been drilled (or are in progress); drilling is slated to finish by June 2026.
  • Dr. Steven I. Weiss appointed Interim Vice President of Exploration; Davidson & Co. named new auditor.

Key Details

  • Financing backdrop: $23 M financing closed on Jan 23 2026, enabling the drill expansion.
  • Permits: New permits received Feb 11 2026 for up to 153 additional drill sites.
  • Drill program scope: Total planned drilling = 20,000 m; current progress = 6,452 m (25 holes) using three rigs.
  • Target focus:
  • Expand high‑grade silver‑gold zones at the Aguilareña vein.
  • Follow‑up on recent high‑grade discovery at the Justina vein (Feb 9 2026 news).
  • Test southern extension – Mina Vieja and Mina de Oro targets.
  • Phase I integration: 354 m of Phase I holes deepened during Phase II.
  • Assay status: Numerous assays pending; results to be released in coming weeks/months.
  • Program timeline: Expected completion June 2026.
  • Executive appointment: Dr. Steven I. Weiss, PhD, CPG – Interim VP of Exploration, effective immediately.
  • Leadership continuity: Former VP Octavio Lizardi remains Senior Structural Geologist.
  • Auditor change: Davidson & Company LLP appointed as new auditor (effective Mar 16 2026), replacing Mao & Ying LLP.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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Jun 11, 2026 · 07:31

Exploration-stage silver-gold developer extending high-grade vein systems at Claudia, Mexico, while burning through cash pre-revenue.

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Pacifica Silver identifies targets at Claudia

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Pacifica Silver expands phase 2 drilling at Claudia

Drill Results Feb 18, 2026 · 07:31

Pacifica Silver Reports Additional Drill Results at Claudia with Multiple High-Grade Silver-Gold Intercepts at the Aguilarena Area

Drill Results