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

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.

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.

(No direct quotes provided in the release.)

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