Northwire Canada EditionWednesday, July 15, 2026
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LCE 0.240 −4.0% CBA 0.085 +13.3% SGU 0.040 +14.3% COSA 0.620 +3.3% DML 4.46 +3.7% MTT 0.150 −6.2% LME 0.185 −2.6% SVM 13.20 +0.6% NAU 1.87 +3.3% VTEN 0.580 +0.0% OBUL 0.320 +3.2% WINS 0.100 +0.0% PEMC 0.045 +0.0% SSV 0.450 +4.7% RVG 0.750 +4.2% GGO 0.960 −0.5% LCE 0.240 −4.0% CBA 0.085 +13.3% SGU 0.040 +14.3% COSA 0.620 +3.3% DML 4.46 +3.7% MTT 0.150 −6.2% LME 0.185 −2.6% SVM 13.20 +0.6% NAU 1.87 +3.3% VTEN 0.580 +0.0% OBUL 0.320 +3.2% WINS 0.100 +0.0% PEMC 0.045 +0.0% SSV 0.450 +4.7% RVG 0.750 +4.2% GGO 0.960 −0.5%
Drill Results

Silverco Mining Commences 30,000-Meter 2026 Drill Program at Cusi, Targeting Massive Step-Out Potential and Regional Blue-Sky Prospects

By The Northwire Desk — AI Analysis Mar 17, 2026 · 08:32 SICO · 10.18 Silverco Mining Ltd.
SICO · Price

Executive Summary

  • Silverco Mining launches a fully funded 30,000‑meter 2026 exploration program at its 100% owned Cusi Mine in Mexico.
  • The program targets major resource expansion—including a ~600 m step‑out on the San Juan vein across the Cusi fault, lateral/vertical limits of the San Miguel deposit, and near‑term underground extensions at Promontorio.
  • Successful 2025 intercepts (6.8 m @ 255 g/t AgEq) underpin the high‑upside potential; drilling will be split roughly evenly between surface and underground rigs.

Key Details

  • Program Scope: 30,000 m total drilling (≈15,000 m surface, ≈15,000 m underground).
  • San Juan Extension: Surface step‑out targeting a newly identified downthrown block east of the Cusi fault; aims to connect 2025 intercepts (6.8 m @ 255 g/t AgEq) with historic drill (4.3 m @ 472 g/t AgEq).
  • San Miguel Expansion: Surface drilling to test lateral and vertical limits of the cornerstone deposit (Indicated 1.3 Mt @ 258 g/t AgEq; Inferred 2.03 Mt @ 249 g/t AgEq).
  • Promontorio Underground: Targeted underground drilling to extend high‑grade veins (Measured/Indicated 0.53 Mt @ 285 g/t AgEq; Inferred 0.21 Mt @ 231 g/t AgEq) and support restart planning.
  • Resource Estimates Provided: Detailed tables for San Juan, San Miguel, and Promontorio East (NI 43‑101 compliant).
  • CEO Comment: “This fully funded exploration program drives a core dual strategy… restarting operations in H2 2026 while exploring near‑mine targets with game‑changing upside.” – Mark Ayranto, CEO.
  • Technical Disclosure: Review and approval by Nico Harvey, P.Eng., VP Project Development (Qualified Person). No production decision yet; restart contingent on technical, financial, permitting milestones.

Notable Quotes

“This fully funded exploration program drives a core dual strategy. We remain very focused on restarting operations at Cusi in the second half of 2026 while simultaneously exploring highly prospective, near‑mine targets that have the potential for game‑changing upside at Cusi.” – Mark Ayranto, President & CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

More from Silverco Mining Ltd.

Jul 13, 2026 · 06:31

Silverco begins drilling at La Negra and plans to restart Cusi, leveraging its cash-rich position to execute its development strategy.

Drill Results Jul 07, 2026 · 06:31

Silverco’s Promontorio infill hole returned 11,330 g*m Ag, a world-class grade-width metric near known stopes.

Drill Results Jun 25, 2026 · 06:31

Silverco Mobilizes Underground Mining Contractors at Cusi Property

Production / Operations Jun 16, 2026 · 06:31

Silverco Mining Intersects 1,712 g/t AgEq over 1.4 metres Adjacent to Near-Term Planned Stopes at Cusi

Drill Results May 28, 2026 · 18:03

Silverco Confirms Producer Status and Financing, But Dilution Weighs on Sentiment

Earnings May 21, 2026 · 19:03

Silverco Confirms Cusi Restart Timeline Following Acquisition Completion, Yet Trades Below Financing Price

Technical Study