Latest news with #Argenta
Cision Canada
13-08-2025
- Business
- Cision Canada
Argenta Silver Corp. Drills 1,026 g/t Silver over 40 meters, including 18,467 g/t Silver over 1.05 meters on its Drill Program at El Quevar Project
TSX-V:AGAG VANCOUVER, BC, Aug. 13, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF) (FSE: T1K) ("Argenta" or the "Company") is pleased to report the second batch of assay results from its ongoing 2025 winter diamond drilling program at the 100% owned El Quevar Project in Salta Province, Argentina. These results confirm the presence of multiple high-grade silver intervals within the Yaxtché Deposit, including an exceptionally high-grade intersection, with one sample returning 18,467 g/t Silver over 1.05 meters, surpassing the historic maximum from drill core samples at El Quevar. Highlights QVD-412 validates continuity with 1,026 g/t Ag over 40.00 meters, including 2,246 g/t Ag over 15.00 m, which includes 4,423 g/t Ag over 6.00 m, which also includes 18,467 g/t Ag over 1.05 m.* QVD-413 delivers 414 g/t Ag over 14.35 meters, including 795 g/t Ag over 3.00 m and 466 g/t Ag over 4.00 m, expanding the up-dip potential for the existing resource. * QVD-411 was halted at 92 meters due to operational challenges. The target remains in the program and will be re-drilled after other priority areas are completed. * *Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time. Joaquin Marias, CEO, President and Director of Argenta Silver Corp. commented: "From a technical standpoint, the extraordinary tenor of the Yaxtché mineralization highlights the strength and scale of the hydrothermal system that formed El Quevar. The success of the up-dip hole QVD-413, along with the project's highest-ever assay, 18,467 g/t silver over 1.05 meters within a broader interval of 1,026 g/t silver over 40.00 meters in QVD-412, validates and reinforces our dual strategy: expanding the known resource while aggressively exploring the vast, untested areas of this high-grade system." 2025 Winter Drilling Program Results – Second Group of Results Drilling kicked off in late May as part of a fully funded 4,000 m winter campaign designed to confirm known high–grade zones, step out along strike, and test new targets. Assays from the first group of results were announced on July 21, 2025 (see news release from July 21, 2025). The exploration program still on going and results for the remaining holes are expected by early and late September. Of the three drill holes from the second batch of results with assays in hand: One infill hole (QVD-412), drilled in a gap of 60 meters with no previous drilling. This drillhole confirms the presence of mineralization on mentioned gap with similar grades as the surrounding drillholes, including one intercept that is an all-time record high for the project These results support infill drilling in upcoming programs for an area that could potentially increase the resource in the future. One resource expansion hole (QVD–413), drilled up dip from the existing resource. This drillhole confirms the extension of mineralization up dip from the existing resource in that area, encouraging the company to keep testing in future programs the up-dip section in between the deposit and surface. One abandoned drillhole (QVD-411) due to operational challenges. This drillhole was halted at 92 meters, before reaching the proposed target. This target remains in the exploration plan and it will be redrilled once the other targets have been drilled. Highlighted intercepts from QVD-412 and QVD-413 * (see Table 1): *Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time. The mineralization observed in these drillholes aligns closely with findings from the extensive relogging completed during Phase 1 (see press release from May 14, 2025). Silver-bearing minerals occur both within the clasts and matrix of the breccia, and locally within sulfide-rich veinlets, features that are characteristic of a high-sulfidation epithermal system. Alongside with previously disclosed drillholes from this program (see news release from July 21, 2025), the results also confirm the high-grade, pure silver character of the mineralization and reinforce the need of systematic exploration outside of the existing resource (Yaxtche deposit) when less than 3% of the property has seen modern exploration. *Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to calculate true width at this time. Exploration Drilling Commences on New Targets Argenta is also pleased to announce that it has commenced drilling on the exploration targets (Atenea, Andrea, Argenta and Mani-Copan) located outside the main Yaxtché deposit. This represents a significant step forward, as many of these areas have never been drill-tested by previous operators. The exploration targets were selected during Phase 1 (see press release from May 14, 2025) through a rigorous process, combining meticulous fieldwork with detailed geological interpretations of both historical and recent data. This campaign underscores the company's commitment to systematically and aggressively expanding the property's mining potential, employing a data-driven approach to discovering new mineralized zones. Webinar Please join CEO Joaquin Marias for a live webinar on Thursday August 14th at 3pm EST / 12 noon PST. A live Q&A will follow an initial discussion. Register here to secure your spot: About El Quevar Project The El Quevar Project is located in Salta, Argentina and spans an area of 57,000 hectares. The property remains underexplored with less than 3 % of the area covered with comprehensive exploration work. The property boasts exceptional infrastructure with over 60 km of internal roads, a fully owned, fully operational camp for 100 workers with multiple support buildings, and a railroad, gas pipeline and service road just 3 km from camp, while a high–voltage transmission line lies approximately 20 km from the exploration area. The robust infrastructure associated with the project provides a cost-effective platform to de–risk and accelerate future drilling and development. The foundational Mineral Resource Estimate of the Yaxtché deposit boasts an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag (1). The mineral resource area remains open at depth and in multiple directions, particularly to the southeast and northwest. One of the objectives of the 2025 Winter Drilling Program is to specifically target and expand these high-grade Yaxtché zones. The mineralization at the Yaxtché deposit is defined as a silver rich, high to intermediate-sulphidation epithermal system with associated gold. Mineralization is controlled by NW-SE and NE-SW fault structures and is mainly hosted in brecciated zones and dacite domes. Silver minerals at Yaxtché consist of complex silver sulphides, sulphosalts and native silver. These minerals are found within silicified breccias, commonly appearing as veinlets, stockworks, disseminations, and breccia fillings. QAQC Statement The Company adheres to CIM Best Practices Guidelines for exploration-related activities conducted on its property. Quality Assurance and Quality Control (QA/QC) procedures are overseen by a Qualified Person. All geochemical sample assay results from Argenta Silver have been independently monitored through a rigorous QA/QC protocol. This protocol includes the regular insertion of blind standard reference materials, blanks, and duplicates. The logging and sampling of the El Quevar drill core were completed at Argenta's core handling facilities in Salta, Argentina. Drill core was diamond-sawn on-site, and half drill-core samples were securely transported to Alex Stewart Laboratories' (ASI) sample preparation facilities in Jujuy, and forwarded to their facility in Mendoza, Argentina for analysis. The other half-core is retained on site for reference. Soil samples were prepared by drying and sieving to minus 80 mesh. Rock chip and diamond drill core samples were dried and then underwent 2 stage crushing to 80% passing minus 10 mesh before collecting a 600 gram split that was pulverized to 90% passing -140 mesh. A 200 gram split is sent for analysis and the remaining 400g is archived. All samples were analyzed for gold using a fire assay on a 50-gram sample with an AAS finish, and for 39 elements by 4 acid, ICP-OES on a 0.2-gram sample. Soils were also analyzed for mercury using cold vapor AA on a 0.2-gram. Overlimit silver was determined by a 50-gram fire assay with a gravimetric finish and over limit lead, zinc and copper were determined by ICP_OES using a mixture of highly oxidizing acids on a 0.2-gram sample. Qualified Person Rob van Egmond, a "qualified person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release. Rob van Egmond, has visited the El Quevar Project and is not independent of the Company. (1) Refer to NI43-101 technical report with effective date of September 30, 2024, titled "NI 43-101 Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Province, Argentina", posted on under Argenta Silver Corp. About Argenta Silver Corp. Argenta Silver Corp. is a silver exploration company committed to (or- "focused on") advancing projects that support the global energy transition. Our mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance, and project development, Argenta emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver — a critical metal in renewable energy and emerging technologies. On behalf of Argenta Silver Corp. "Joaquín Marias" President and Chief Executive Officer Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements and forward-looking information as defined by applicable securities laws. Forward-looking statements include risks and uncertainties, as detailed in the Company's disclosure. The Company undertakes no obligation to update these statements except as required by law. Forward Looking Information Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the El Quevar project; potential for resource expansion and significantly larger mineralization beyond the current resource; further results from on-going exploration and evaluation of assays. Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. SOURCE Argenta Silver Corp.
Cision Canada
01-08-2025
- Business
- Cision Canada
Eduardo Elsztain Increases Strategic Investment in Argenta Through C$2.5 Million Private Placement
TSX-V:AGAG VANCOUVER, BC, Aug. 1, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF) (FSE: T1K) ("Argenta" or the "Company") further to its press release of May 2, 2025 announcing a C$5 million strategic investment (the " Initial Investment") by Eduardo Elsztain, the Company is pleased to announce that Mr. Elsztain has elected to exercise his pro-rata equity participation rights (the " Pro Rata Rights") under an Investor Rights Agreement, which was entered into with the Company concurrently with the Initial Investment. The Pro Rata Rights are being exercised following the announcement by the Company of a bought deal private placement financing on July 24, 2025 and July 25, 2025 (the " Private Placement"). An entity controlled by Mr. Elsztain will invest in Argenta on the same pricing and terms as the Private Placement and purchase 6,250,000 units (the " Units") at $0.40 per Unit for a total investment of C$2,500,000 (the " Pro Rata Investment"), separate and apart from the Private Placement. Each Unit consists of one common share of the Company (each, a " Common Share") and one-half of one transferable common share purchase warrant (each whole warrant, a " Warrant"). Each whole Warrant entitles the holder to purchase one Common Share (each, a " Warrant Share") at a price of C$0.60 at any time on or before that date which is 36 months after closing of the Pro Rata Investment. Joaquin Marias, Chief Executive Officer of Argenta stated, "We are very pleased that Mr. Elsztain's group has elected to increase their strategic investment in Argenta. This significant commitment reflects their confidence in our vision and the immense potential of our El Quevar project." The Company intends to use the net proceeds from the Pro Rata Investment for the exploration and advancement of the Company's 100% owned El Quevar Project in Salta Province, Argentina as well as for working capital and general corporate purposes. The Pro Rata Investment is expected to close concurrently or shortly after the Private Placement on or about August 12, 2025. Securities issued pursuant to the Pro Rata Investment will be subject to a four month and one day hold period in accordance with applicable Canadian securities laws and are subject to final acceptance of the TSX Venture Exchange. ABOUT ARGENTA SILVER CORP. Argenta Silver Corp. is a focused silver exploration company committed to advancing projects that support the global energy transition. Our mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance, and project development, Argenta takes a disciplined, strategic approach to growth. With a strong emphasis on responsible mining practices, we are well-positioned to meet the rising demand for silver—a critical metal in renewable energy and emerging technologies—while building a lasting and successful company. On behalf of Argenta Silver Corp. "Joaquín Marias" President and Chief Executive Officer Neither the TSX-V nor its regulation services provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward looking information in this news release includes, but is not limited to: the structure and terms of the Pro Rata Investment, the anticipated closing date of the Pro Rata Investment, the intended use of proceeds of the Pro Rata Investment, and the approval of the Pro Rata Investment by the TSX-V. Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: the Pro Rata Investment may not close as currently contemplated, or at all; exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. SOURCE Argenta Silver Corp.
Finextra
07-07-2025
- Business
- Finextra
Five more Belgian banks join the European payments Initiative
Five big banks in Belgium have joined the European Payments Initiative (EPI) with the intention of rolling out the Wero digital wallet and instant account-to-account (A2A) payment application to customers in the first half of next year. 0 Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank are preparing to roll out Wero within their own banking apps or as a standalone app for making P2P payments, further extending the initiative's reach within Belgium. Koen Spinoy, member of the executive committee at Beobank, comments: 'In line with our strong digital journey, mobile app usage at Beobank has grown by over 300% in just five years. Integrating payment solutions such as Wero is a logical next step in our digital evolution. Wero aligns perfectly with our commitment to provide innovative, secure, and convenient payment experiences that meet our customers' everyday needs.' Available since Summer 2024 for person-to-person transactions in Belgium, France and Germany, Wero has already gained more than 40 million registered users. Future iterations include the introduction of e-commerce payments later this year, followed by in-store payments, subscription management, and loyalty services from 2026. The new Belgian members follow the recent recruitment of five Luxembourg banks and fintech super app Revolut. Martina Weimert, CEO of the EPI Company. 'I'm particularly proud to see the number of members trusting us is growing. These new members' local presence and close relationship with their customers will be essential to making Wero a trusted part of everyday payments across the continent."
Reuters
07-07-2025
- Business
- Reuters
Belgian banks join European Payments Initiative to expand Wero wallet across Europe
July 7 (Reuters) - Five Belgian banks - Argenta, Bank Van Breda, Beobank, Crelan and vdk bank - said on Monday that they were joining the European Payments Initiative and that they would roll out the EPI's digital wallet Wero to their customers next year. WHY IT'S IMPORTANT: The EPI was set up by European banks in a bid to rival the dominance of U.S. companies Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab. EPI has been hit in the past by some other banks leaving its network. KEY QUOTES: "By integrating Wero into our offering from 2026, we will empower our clients – entrepreneurs and liberal professions - with a fast, secure, and intuitive way to manage their payments which is fully aligned with their daily needs," said Bank Van Breda CEO Dirk Wouters. BY THE NUMBERS: According to the EPI, the Wero digital wallet it launched last year already has 40 million registered users across Belgium, France, and Germany.
Yahoo
07-07-2025
- Business
- Yahoo
Belgian banks join European Payments Initiative to expand Wero wallet across Europe
(Reuters) -Five Belgian banks - Argenta, Bank Van Breda, Beobank, Crelan and vdk bank - said on Monday that they were joining the European Payments Initiative and that they would roll out the EPI's digital wallet Wero to their customers next year. WHY IT'S IMPORTANT: The EPI was set up by European banks in a bid to rival the dominance of U.S. companies Visa and Mastercard. EPI has been hit in the past by some other banks leaving its network. KEY QUOTES: "By integrating Wero into our offering from 2026, we will empower our clients – entrepreneurs and liberal professions - with a fast, secure, and intuitive way to manage their payments which is fully aligned with their daily needs," said Bank Van Breda CEO Dirk Wouters. BY THE NUMBERS: According to the EPI, the Wero digital wallet it launched last year already has 40 million registered users across Belgium, France, and Germany. Sign in to access your portfolio
