Northwire Canada EditionThursday, August 6, 2026
Northwire
IVN 11.41 −0.2% HHH 4.38 +11.2% FMN 0.265 +0.0% OMM 0.065 +30.0% DYG 0.130 +0.0% GTC 0.710 +0.0% DLTA 0.185 +2.8% GOFL 0.025 +0.0% NVX 0.250 +25.0% TRCG 0.190 +0.0% LGO 0.990 +0.0% FL 0.440 +2.3% EAU 0.080 +0.0% LBNK 0.530 +8.2% DEC 0.070 +0.0% ABI 0.070 +0.0% IVN 11.41 −0.2% HHH 4.38 +11.2% FMN 0.265 +0.0% OMM 0.065 +30.0% DYG 0.130 +0.0% GTC 0.710 +0.0% DLTA 0.185 +2.8% GOFL 0.025 +0.0% NVX 0.250 +25.0% TRCG 0.190 +0.0% LGO 0.990 +0.0% FL 0.440 +2.3% EAU 0.080 +0.0% LBNK 0.530 +8.2% DEC 0.070 +0.0% ABI 0.070 +0.0%
Drill Results

Pacifica Silver Drills 6.35 m of 2.94 g/t Au and 313 g/t Ag, Including 0.85 m of 9.27 g/t Au and 1,905 g/t Ag; Confirms Northern Extension of the Aguilarena Vein at the Claudia Project

PSIL · Price

Executive Summary

  • Pacifica Silver released assay results from the first 10 of 29 Phase I drill holes (7,992 m) at the Claudia Silver‑Gold Project, highlighting several high‑grade intercepts, notably up to 9.27 g/t Au and 1,905 g/t Ag over 0.85 m.
  • Results extend high‑grade mineralization along the Aguilareña vein >300 m north of historic underground workings and demonstrate increasing vein widths down‑dip on the Guadalupana structure.
  • The company plans to finish Phase I by end‑December 2025, begin a ~12,000 m Phase II program in January 2026, and is awaiting assay results for holes 047‑066 and pending assays on additional Guadalupana targets.

Key Details

  • Hole 25CLAU039D: 6.35 m @ 2.94 g/t Au & 313 g/t Ag (192.5–198.85 m); includes 0.85 m @ 9.27 g/t Au & 1,905 g/t Ag – highest silver grade recorded since 1991.
  • Hole 25CLAU037D: 6.55 m @ 3.38 g/t Au & 74 g/t Ag (116.95–123.5 m); includes 3.45 m @ 5.10 g/t Au & 74 g/t Ag.
  • Hole 25CLAU040D: 8.40 m @ 0.98 g/t Au & 82 g/t Ag; intersected 4.00 m @ 1.66 g/t Au & 77 g/t Ag in Aguilareña vein and 1.00 m @ 3.17 g/t Au & 134 g/t Ag in Mark Twain vein.
  • Hole 25CLAU041D (Veta West): 0.95 m @ 3.25 g/t Au & 18 g/t Ag – gold grade five times higher than surface samples.
  • Guadalupana Vein: No significant mineralization in hole 046D; pending assays for holes 050D (10 m), 051D (8.4 m) and 058D (10.35 m) showing promising vein textures and widths (estimated true widths 7‑10 m).
  • Phase I Summary: 29 holes, 7,992 m total; average depth ~260 m. Drilling distribution: Aguilareña (3,584 m), Guadalupana (2,285 m), other veins (1,457 m).
  • Future Plans: Conclude Phase I by Dec 2025; commence Phase II (~12,000 m) in Jan 2026 targeting Aguilareña, Guadalupana, and Veta Central veins. Three drill rigs will remain on site year‑round.
  • Permitting: Over 300 drill pad applications submitted; environmental permit expected early 2026.
  • Quality Assurance/Control: HQ‑diameter core sampled, logged, split, and shipped to ALS Minerals labs (ISO/IEC 17025:2017 accredited). Gold analyzed by fire‑assay; silver & trace elements by ICP‑AES.
  • Qualified Person: Patrick Loury, AIPG CPG, has reviewed and approved technical content per NI 43‑101.
  • Termination of Janampalla Option Agreement (Dec 9): Company ended the Peru property option to focus resources on Claudia Project.

Notable Quotes

“We are thrilled to hit outstanding silver grades at the outset of our maiden drill campaign… Early results have also confirmed that high‑grade mineralization at the Aguilareña vein extends over 300 metres north of historical underground workings.” – Todd Anthony, CEO


Materiality Assessment: Material – Positive** (high‑grade intercepts and expanded drilling program indicate significant upside to project valuation).

Read the original news release →

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