Argenta Silver Intersects 4,982 g/t Ag over 7.5m including 6,859 g/t Ag over 4.5m at Emerging Target; Step-Out Drilling Expands Resource Footprint by 270m; Gold and Copper Discovery Drill-Confirmed
Argenta Silver hits bonanza grades at El Quevar as aggressive step-out drilling validates district-scale potential beyond the known resource.
The most recent news (February 23, 2026) reports exceptional assay results from the ongoing 2025-2026 Summer Exploration Program at the El Quevar Project. Key highlights include: - Bonanza silver grades: Hole QVD-433 intersected 4,982 g/t Ag over 7.5m, including a spectacular 6,850 g/t Ag over 4.5m. - Resource Expansion: Step-out drilling has expanded the mineralized footprint by 100m to the northwest and 170m to the southeast. - New Discovery: Confirmation of a gold-copper mineralized zone at the Carmen target (0.66 g/t Au and 0.73% Cu over 1.0m), diversifying the project's commodity profile. - Footprint Growth: The total exploration footprint has more than doubled from 25km² to 60km².
This news is Material - Positive. While the market was already aware of high-grade silver at El Quevar, the tenor of the recent intercepts (nearly 5,000 g/t Ag) exceeds the average resource grade (482 g/t Ag) by a factor of ten. - Resource Growth: The 270m of total strike extension suggests a significant upcoming increase to the 45.3 Moz Ag Indicated resource. - De-risking: The initiation of metallurgical and technical studies (announced Feb 3) combined with these results indicates the company is moving toward a Pre-Feasibility stage. - Financial Strength: With C$41M in working capital (as of Feb 3), the company is fully funded for this expanded 25,000m program, removing near-term dilution risk.
Argenta Silver Corp. (formerly Butte Energy) is focused on the El Quevar Project in Salta, Argentina. - Flagship: El Quevar is a high-grade, intermediate-sulphidation epithermal silver system. - Resource: 45.3 Moz Ag @ 482 g/t (Indicated) and 4.1 Moz Ag @ 417 g/t (Inferred). - Infrastructure: Exceptional for a junior, including a 100-person camp, 60km of roads, and proximity to a gas pipeline and high-voltage power.