Drill Results
Argenta Silver talks up recent results

AGAG · Price
Executive Summary
- Argenta Silver released second‑batch assay results from its 2025 winter diamond drilling program at El Quevar, highlighting a high‑grade intercept of 18,467 g/t Ag over 1.05 m (broader 1,026 g/t Ag over 40 m).
- The company announced a $15 million financing at $0.40 per unit and a concurrent $2.5 million investment by Tyrus S.A., increasing strategic investor ownership.
- Updated resource estimate for the Yaxtche deposit now stands at 45.3 Moz indicated and 4.1 Moz inferred silver.
Key Details
- Assay Highlights (Aug 13, 2025):
- Hole QVD‑413 – 18,467 g/t Ag over 1.05 m.
- Hole QVD‑412 – 1,026 g/t Ag over 40.00 m (includes the above high‑grade interval).
- Drilling Program Overview:
- Total planned length: 4,000 m winter campaign.
- Allocation: ~15% confirmation, 25% expansion, 60% exploration drilling.
- Yaxtche deposit remains open; less than 3% of the 57,000‑ha property explored to date.
- Financing (Aug 12, 2025):
- $15 million raised at $0.40 per unit.
- Frank Giustra purchased 450,000 common shares + 225,000 warrants.
- Post‑offering ownership: Giustra – 15.09% common, 16.78% partially diluted (assuming full warrant exercise).
- Strategic Investment (Aug 12, 2025):
- Tyrus S.A. (affiliated with Eduardo Elsztain) invested $2.5 million on same terms as April 28, 2025 Investor Rights Agreement.
- Elsztain’s holdings: 31.25 M common shares + 8.325 M warrants → 12.57% common, 15.40% partially diluted.
- Project Acquisition:
- El Quevar purchased for $3.5 million (U.S.) in Oct 2024.
- Resource Estimate (Yaxtche Deposit):
- Indicated: 45.3 Moz Ag from 2.93 Mt at 482 g/t.
- Inferred: 4.1 Moz Ag from 310,000 t at 417 g/t.
- Qualified Person: Rob van Egmond, P.Geo., reviewed and approved technical information (not independent).
Notable Quotes
“It’s a pure silver play… The success of the up‑dip hole QVD‑413, along with the project’s highest‑ever assay, validates and reinforces our dual strategy.” – Joaquin Marias, CEO
“We are grateful for Mr. Elsztain’s ongoing support.” – Joaquin Marias, speaking to Guy Bennett, GSN.
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