Northwire Canada EditionThursday, July 30, 2026
Northwire
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

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.

Read the original news release →

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