Northwire Canada EditionWednesday, July 29, 2026
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ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results

Capitan Drills 2,636 g/t Silver over 1.5 Metres Within Wider Interval of 370.2 g/t Silver over 19.8 Metres

By The Northwire Desk — AI Analysis Sep 02, 2025 · 07:01 CAPT · 1.5 Capitan Silver Corp.
CAPT · Price

Executive Summary

  • Capitan Silver reports exceptionally high‑grade silver intercepts from the first twelve RC drillholes of its Phase One 10 km program, including 2,636 g/t Ag over 1.5 m (hole 25‑ERRC‑12) – one of the highest grades ever recorded at Cruz de Plata.
  • New high‑grade mineralized zones have been identified north of the historic Jesús María vein and the existing zone has been extended ~150 m eastward along strike, remaining open at depth.
  • To date 6,700 m in 41 RC holes have been completed; an additional 30 RC holes are pending assay results, with follow‑up drilling already planned for the newly discovered zones.

Key Details

  • Hole 25‑ERRC‑12:
  • 2,636 g/t Ag over 1.5 m (within 1,400 g/t Ag over 4.6 m; broader envelope 370.2 g/t Ag over 19.8 m).
  • Also intersected 479 g/t Ag + 0.13 g/t Au over 25.9 m and a deeper zone of 171.5 g/t Ag over 1.5 m.
  • Hole 25‑ERRC‑08 (new north zone):
  • 456 g/t Ag over 1.52 m; 382 g/t Ag over 1.52 m within a broader 109.4 g/t Ag over 16.8 m.
  • Hole 25‑ERRC‑10:
  • 502 g/t Ag over 1.5 m within 316.3 g/t Ag over 3.0 m; deeper intercepts of 166.5 g/t Ag over 1.5 m.
  • Hole 25‑ERRC‑09:
  • 427 g/t Ag over 1.5 m within 79 g/t Ag, 0.1 g/t Au, 0.2 % Pb, 0.6 % Zn (106.4 g/t AgEq) over 13.7 m.
  • Overall program status: 6,700 m drilled in 41 RC holes; 30 additional RC holes completed with results pending. Follow‑up drilling initiated on the high‑grade zones identified.
  • Assay methodology & QA/QC: Samples processed by Bureau Veritas (Durango) using MA300 digestion; Au via fire assay (FA430). Rigorous QA/QC with standards, blanks and duplicates inserted; qualified person Marc Idziszek, P.Geo, reviewed data.
  • CEO Comment (Alberto Orozco): Emphasized early success in extending the Jesús María zone eastward and discovering a new high‑grade zone, underscoring the project's strong silver system and larger consolidated land package.

Notable Quotes

“I am encouraged by the early success of our 2025 drill program… we have already extended the Jesús Maria silver zone to the east and uncovered a brand‑new high‑grade zone – all within the first twelve drillholes.” – Alberto Orozco, CEO

All non‑material boilerplate, forward‑looking disclaimer text and company background sections have been omitted for brevity.

Read the original news release →

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