Latest news with #ElQuevarProject
Cision Canada
12-08-2025
- Business
- Cision Canada
Argenta Silver Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$15 Million
TSX-V:AGAG VANCOUVER, BC, Aug. 12, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (FSE: T1K) (" Argenta" or the " Company") is pleased to announce the closing of its previously announced "bought deal" private placement (the " Offering") for gross proceeds of C$15,000,000, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 37,500,000 units of the Company (each, a " Unit") at a price of C$0.40 per Unit (the " Offering Price"). Red Cloud Securities Inc. (" Red Cloud") acted as sole underwriter and bookrunner under the Offering. 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 August 12, 2028. The Company intends to use the net proceeds from the Offering 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. As consideration for their services under the Offering, Red Cloud received aggregate cash fees of C$801,180 and 2,002,950 non-transferable common share purchase warrants (the " Broker Warrants"). Each Broker Warrant is exercisable into one Common Share at the Offering Price at any time on or before August 12, 2028. The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the " TSX-V"). The securities issued pursuant to the Offering are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date, being December 13, 2025. Early Warning The Company further announces that Mr. Frank Giustra acquired ownership of 450,000 Units of the Company pursuant to the Offering, representing 450,000 Common Shares and 225,000 Warrants. As reported in the last early warning report filed on January 29, 2025, Mr. Giustra had indirect ownership and/or control over an aggregate of 25,540,000 Common Shares and 3,425,000 common share purchase warrants of the Company, representing 15.09% of the outstanding Common Shares and 16.78% on a partially diluted basis, assuming the exercise of 3,425,000 warrants. Mr. Giustra now has indirect ownership and/or control over an aggregate of 27,490,000 Common Shares and 3,650,000 common share purchase warrants of the Company, representing, as a result of the dilution from the Offering and various exercises of convertible securities, a decrease to 11.34% of the outstanding Common Shares and 12.66% on a partially diluted basis, assuming the exercise of 3,650,000 warrants. Mr. Giustra acquired the above-mentioned securities for investment purposes, and may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning Report filed by Mr. Giustra may be obtained from the Company's SEDAR profile. Certain insiders of the Company subscribed for a total of 666,000 Units which constitutes a "related party transaction" for the purposes of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities issued to the Insiders nor the fair market value of the consideration for the securities issued to the Insiders exceeds 25% of the Company's market capitalization as calculated in accordance with MI 61-101. The Company did not file a material change report containing all of the disclosure required by MI 61-101 more than 21 days before the expected closing date of the offerings as the aforementioned insider participation had not been confirmed at that time and the Company wished to close the offerings as expeditiously as possible. About the 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 ongoing 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. 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. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act"); or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. 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. 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 intended use of proceeds of the Offering and the final approval of the Offering and 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: 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
21-07-2025
- Business
- Cision Canada
Argenta Silver Drills 533 g/t Silver over 20.20 meters, including 3,549 g/t Silver over 1.00 meter from its Inaugural Drill Program at El Quevar
TSX-V: AGAG VANCOUVER, BC , July 21, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF) (FSE: T1K) ("Argenta" or the "Company") is pleased to report the first batch of assay results from its ongoing 2025 winter diamond drilling program at the 100% owned El Quevar Project in Salta Province , Argentina . The first drill holes completed by the Company on the El Quevar Project have delivered wide, high-grade silver intersections, and results from additional sampling of historic drill core confirms upside for resource expansion. Surface rock sampling from underexplored areas on the property have returned multiple high-grade silver results highlighting the growth potential of new mineralized zones. Continue Reading Map showing the location of collars QVD-408, QVD-409 and QVD-410 and planned drillholes of the 2025 drill program. (CNW Group/Argenta Silver Corp.) Long-section of Yaxtché deposit highlighting intercepts from holes QVD-408, QVD-409 and QVD-410 of the 2025 drill program. Refer to the spreadsheet on the next page for details. Intervals shown are core length. (CNW Group/Argenta Silver Corp.) Image of surface rock sample (grab) 101125 which reached the analytical upper detection limit of 20,000 g/t Ag. Visible native silver is observed on the sample (left image) and on the zoom portion of the picture (right image), displaying native silver with pale grey metallic color and sparkly disseminated habit. (CNW Group/Argenta Silver Corp.) Highlights QVD-410 delivers 533 g/t Ag over 20.20 meters, including 1,320 g/t Ag over 4.00 m (which includes 3,549 g/t Ag over 1.00 m ), plus 484 g/t Ag over 5.00 m , and 805 g/t Ag over 3.20 m . including 1,320 g/t Ag over (which includes 3,549 g/t Ag over ), plus 484 g/t Ag over , and 805 g/t Ag over . QVD-409 validates continuity with 309 g/t Ag over 26.00 meters, including 713 g/t Ag over 8.25 m , which also includes 1,169 g/t Ag over 2.50 m , plus a shallow 1.00 m with 1.22 g/t Au. including 713 g/t Ag over , which also includes 1,169 g/t Ag over , plus a shallow with 1.22 g/t Au. QVD-408 step-out success: 112 g/t Ag over 19.20 meters , including 408 g/t Ag over 2.20 m and 105 g/t Ag over 7.00 m , extending the high-grade zone 50 m to the southeast. , including 408 g/t Ag over and 105 g/t Ag over Historic core sampling: new sampling of un-assayed historic drill core now assayed, returning up to 602 g/t Ag over 3.00 m including 882 g/t Ag over 1.00 m . 35 % of historical drilling (~ 38,000 m) has been cut and assayed, leaving some 66,000 m of core unanalyzed and available at a low cost for potential resource expansion. new sampling of un-assayed historic drill core now assayed, returning up to (~ 38,000 m) has been cut and assayed, leaving some 66,000 m of core unanalyzed and available at a low cost for potential resource expansion. Surface sampling exceeds analytical upper detection limit of 20,000 g/t Ag for a single rock grab sample, with additional surface rock grab samples of 16,145 g/t and 6,004 g/t Ag across the new Quevar South targets. *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: "The wait is over. While silver spot prices are on the verge of new record highs, our first batch of results is here, a true statement of El Quevar's potential to deliver unparalleled results. Since the company's inception, our approach has been laser–focused on creating sustainable value for our stakeholders. With assays returning 533 g/t Ag over 20.20 m in a drill intercept, a surface rock-chip sample topping 20,000 g/t Ag and legacy core that has been sampled for the first time returning positive high-grade silver results, we've only just begun to unlock the true potential of this high–grade silver system. Expect more results from the ongoing exploration program." 2025 Winter Drilling Program Results – First 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 three drill holes have been received, with results for the remaining holes expected by mid-August and mid-September. Of the three holes with assays in hand: One step–out hole (QVD-408) extended the known mineralized footprint by 50 m to the southeast , an area previously untested by historical drilling which was recently highlighted by Argenta's technical team to have potential. This result supports follow–up drilling in upcoming programs and encourages the company to test the extensions of the current deposit for further step-outs. , an area previously untested by historical drilling which was recently highlighted by Argenta's technical team to have potential. This result supports follow–up drilling in upcoming programs and encourages the company to test the extensions of the current deposit for further step-outs. Two confirmation holes (QVD–409 and QVD–410) intersected multiple, broad high–grade silver intervals within the Yaxtché Deposit, providing fresh material to document alteration, lithology and the consistent high–grade silver character of the mineralization. Highlighted intercepts from these 3 drillholes* (see Table 1): QVD-408 [step-out drillhole to southeast of the Yaxtché deposit]: 112 g/t Ag over 19.20 m ; including 408 g/t Ag over 2.20 m , and 105 g/t Ag over 7.00 m ( which includes 2.00 m containing 0.30 g/t Au ), and 108 g/t Ag over 2.00 m . [step-out drillhole to southeast of the Yaxtché deposit]: ; including and which includes ), and . QVD-409 [confirmation hole]: 309 g/t Ag over 26.00 m ; including 244 g/t Ag over 2.00 m , and 180 g/t Ag over 2.10 m , and 461 g/t Ag over 14.75 m which includes 713 g/t Ag over 8.25 m with a shorter intercept of 2.50 m containing 1,169 g/t Ag. The hole also intercepted 1.22 g/t Au over 1.00 m at shallow depths from 22 to 23 m deep. [confirmation hole]: ; including , and , and which includes with a shorter intercept of The hole also intercepted at shallow depths from 22 to deep. QVD-410 [confirmation hole]: 533 g/t Ag over 20.20 m , including 1,320 g/t Ag over 4.00 m (which includes 1.00 m containing 3,549 g/t Ag), and including 484 g/t Ag over 5.00 m , and 805 g/t Ag over 3.20 m . *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. The results from the three drill holes received to date as well as the surface rock sampling validate the Company's existing resource model and underscore the untapped potential at El Quevar. They confirm the high-grade, pure silver character of the mineralization and reinforce the need of systematic exploration when less than 3% of the property has seen modern exploration. Table 1: 2025 Winter Drilling Program Assays (cut-off-100 g/t Ag) Hole ID From [m] To [m] Length* [m] Ag [g/t] Au [g/t] Pb [%] Zn [%] Cu [%] QVD-408 89.80 109.00 19.20 112 0.06 0.08 0.02 0.19 208.50 including 89.80 92.00 2.20 408 0.03 0.12 0.09 0.67 including 96.00 103.00 7.00 105 0.10 0.07 0.02 0.22 including 107.00 109.00 2.00 108 0.05 0.16 0.02 0.14 QVD-409 20.00 46.00 26.00 309 0.06 0.23 0.00 0.06 160.50 including 20.00 22.00 2.00 244 0.02 0.62 0.00 0.00 including 26.00 28.10 2.10 180 0.01 0.58 0.01 0.01 including 31.25 46.00 14.75 461 0.01 0.07 0.00 0.10 which includes 32.25 40.50 8.25 713 0.01 0.04 0.00 0.18 which includes 38.00 40.50 2.50 1169 0.05 0.11 0.00 0.16 including 62.00 64.50 2.50 117 0.09 0.23 0.00 0.00 QVD-410 101.00 121.20 20.20 533 0.00 0.07 0.03 0.35 146.00 including 101.00 106.00 5.00 484 0.01 0.11 0.06 0.04 including 111.00 115.00 4.00 1320 0.01 0.08 0.03 1.28 which includes 114.00 115.00 1.00 3549 0.00 0.18 0.06 2.18 including 118.00 121.20 3.20 805 0.01 0.09 0.07 0.36 *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. 2025 Surface Sampling Results – First 2025 Batch Surface exploration work started on January 3, 2025 (see news release of January 6, 2025 ), leading Argenta to submit approximately 1,000 soil samples and over 400 rock chip samples for laboratory analysis. Rock sampling primarily targeted the "Mani", "Andrea", "Rosa", and "Argentina" exploration areas. Soil samples were systematically collected using a grid pattern, with 200x200-meter and 100x100-meter spacing, and infill sampling at 50x50 meters to ensure comprehensive coverage of the Quevar South central zone. With numerous rock chip surface assays still pending from the laboratory, initial results already reveal multiple high–grade silver values. More than twenty rock chip samples returned grades above 150 g/t Ag, including several exceeding 1,000 g/t Ag. Notably: Sample 81701 [rock grab sample]: 6,004 g/t Ag [rock grab sample]: Sample 101128 [rock grab sample]: 16,145 g/t Ag [rock grab sample]: Sample 101125 [rock grab sample]: reached the analytical upper detection limit of 20,000 g/t Ag Although these high values do not reflect the deposit's average grade, they clearly demonstrate the strong potential of the El Quevar mineral system. Meanwhile, analytical results from the soil sample grid have revealed new areas with anomalous silver values, including soil samples reaching 147 g/t Ag and 296 g/t Ag. By integrating these results with historical data from previous operators, Argenta has identified multiple new areas with highly anomalous values in silver and pathfinder elements that will guide our technical team to define future drill targets. The findings from the expanded surface soil geochemistry program indicate the potential of a significantly larger mineralized system at El Quevar beyond the current resource. The well-defined silver zone demonstrates strong continuity, while newly identified gold anomalies reveal promising new exploration targets that were historically underexplored. Importantly, these zones have seen minimal drilling, representing substantial untested exploration potential. Historical Drill Core Sampling Results and Phase 1 Results Phase 1 of the 2025 Exploration Program at El Quevar (see news release from May 14, 2025 ) represented Argenta's first systematic evaluation of the project, targeting altered and mineralized structures with anomalous geochemical, spectral and geophysical signatures. The principal aim in the Quevar South area was to refine the geological model by reinterpreting and remodeling existing historical data, and then backing it up with new, systematically collected surface samples, detailed structural mapping and re-logging and validation of legacy core logs. These efforts have confirmed the strong potential for additional high–grade silver and gold mineralization in untested targets beyond the Yaxtché deposit. A key opportunity lies in the fact that only about 35 % of historical drilling (~ 38,000 m) has been cut and assayed, leaving some 66,000 m of core unanalyzed and available at a low cost for potential resource expansion. To kick–start this, Argenta sampled a portion of the unanalyzed Yaxtché drill holes (25 holes in total) and returned significant silver mineralization in five holes, with a standout intercept of 882 g/t Ag over 1.00 m and an average grade of roughly 226 g/t Ag across those samples. Particularly elevated silver grades were identified in the following drillholes: QVD-117 [additional sampling from historical drillhole]: 148 g/t Ag over 1.00 m , and 134 g/t Ag over 2.00 m , including 212 g/t Ag over 1.00 m ; both intercepts in oxide zone. [additional sampling from historical drillhole]: , and , including ; both intercepts in oxide zone. QVD-134 [additional sampling from historical drillhole]: 132 g/t Ag over 4.00 m ; in oxide zone. [additional sampling from historical drillhole]: ; in oxide zone. QVD-211 [additional sampling from historical drillhole]: 144 g/t Ag over 6.00 m ; including 214 g/t Ag over 2.00 m and 215 g/t Ag over 1.00 m . [additional sampling from historical drillhole]: ; including and . QVD-273 [additional sampling from historical drillhole]: 194 g/t Ag over 6.00 m , including 230 g/t Ag over 2.00 m , and 311 g/t Ag over 2.00 m . [additional sampling from historical drillhole]: , including , and . QVD-362 [additional sampling from historical drillhole]: 255 g/t Ag over 10.00 m , including 175 g/t Ag over 2.00 m , and 603 g/t Ag over 3.00 m which includes 882 g/t Ag over 1.00 m . *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. Webinar Please join CEO Joaquin Marias for a live webinar on Monday July 21st at 1pmET / 10amPT . 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. For further information, please contact: Tel: 604-609-6110
Cision Canada
26-05-2025
- Business
- Cision Canada
Argenta Announces Mobilization for 2025 Drilling Program at El Quevar Project and appoints Vanessa Bogaert as VP of Investor Relations and Communications
TSXV – AGAG VANCOUVER, BC, May 26, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF) (FSE: T1K) (" Argenta" or the " Company") is pleased to announce that mobilization has begun for the 2025 drilling program at the El Quevar Project in Salta Province, Argentina. Drilling operations are scheduled to begin within the next 10 days, following the successful completion of Phase 1 of the Company's 2025 exploration program, where significant progress was achieved. The Phase 2 program will consist of approximately 4,000 meters of diamond drilling using a single rig, with activities concentrated in Quevar South. These areas are strategically located near, and are believed to be geologically related to, the Yaxtché deposit (the basis of the existing mineral resource estimate). Yaxtché currently hosts an Indicated Resource of 45.3 million ounces of silver at a grade of 482 g/t Ag, and an Inferred Resource of 4.1 million ounces of silver at a grade of 417 g/t Ag¹, ranking it among the top undeveloped silver deposits in Argentina. Originally explored extensively between 2008 and 2013 by its previous owner, the project has since seen only limited and sporadic exploration activities. Of the 104,000 meters of historical drilling conducted by previous operators, over 75,000 meters were drilled within the current Mineral Resource Estimate area, reducing the emphasis on the broader exploration upside. The 2025 drilling campaign will consist of approximately 15% confirmation drilling, 25% step-out and resource expansion drilling, and 60% exploration drilling on new targets identified during Phase 1. These exploration targets are located in areas that display similar structural and mineralogical features to the Yaxtché deposit, offering strong potential for new discoveries and for expanding the mineralized system. Joaquín Marias, Chief Executive Officer of Argenta, commented: "As planned and on time with our schedule, this 4,000-meter winter drill program is about to commence, representing one of our first major steps forward since acquiring El Quevar. It's the beginning of a broader strategy to unlock the project's full potential, not just geologically, but economically. We're already envisioning a more expansive drill program during the Argentine summer. This campaign is about laying down the foundation, carefully and decisively, for what we believe can become one of the premier silver assets in Argentina." Despite the challenges posed by winter conditions in the Argentine Andes, Argenta will proceed with this program using a single rig specially prepared for the El Quevar Project. The Company will be one of the few exploration companies actively drilling during this season, underscoring its deep commitment to advancing the El Quevar Project and creating value for shareholders. Appointment of VP and Stock Option Grant The Company is also pleased to announce the appointment of Vanessa Bogaert as Vice President of Investor Relations and Communications. Ms. Bogaert brings over 23 years of hands-on experience in the mineral exploration industry. She began her career with Kennecott Canada (Rio Tinto), supporting administration and field teams. From 2004 to 2016, she led stakeholder relations, operations, and logistics for junior exploration companies, building deep expertise in project execution. For the past decade, Ms. Bogaert has specialized in investor relations, with a focus on the junior silver sector. Her unique blend of technical insight and market-facing strategy makes her a key bridge between the field and the financial community. Her previous experience includes work on projects across Latin America, and her fluency in Spanish enhances her ability to engage effectively with regional stakeholders and partners. Joaquin Marias, CEO of Argenta, commented: "I'm very pleased to welcome Vanessa to the Argenta team. Having a bilingual VP of Investor Relations and Communications with her depth of experience, particularly in the junior silver sector and in Latin America, is a significant advantage for our company. I'm eager to begin working with her to strengthen our communications and expand our presence in both English and Spanish speaking markets." Subject to the approval of the TSX Venture Exchange (the " Exchange"), the Company has granted Ms. Bogaert a total of 600,000 incentive stock options (the " Option s") at a price of $0.30 per common share for a period of five (5) years from the date of grant. In accordance with the policies of the Exchange, the Options shall vest in four (4) equal instalments over a period of twelve (12) months from the date of grant. 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 emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver — a critical metal in renewable energy and emerging technologies. Andrew Hamilton, 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. The QP 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. 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. 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.
Yahoo
26-05-2025
- Business
- Yahoo
Argenta Announces Mobilization for 2025 Drilling Program at El Quevar Project and appoints Vanessa Bogaert as VP of Investor Relations and Communications
TSXV – AGAG VANCOUVER, BC, May 26, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (OTCQB: AGAGF) (FSE: T1K) ("Argenta" or the "Company") is pleased to announce that mobilization has begun for the 2025 drilling program at the El Quevar Project in Salta Province, Argentina. Drilling operations are scheduled to begin within the next 10 days, following the successful completion of Phase 1 of the Company's 2025 exploration program, where significant progress was achieved. The Phase 2 program will consist of approximately 4,000 meters of diamond drilling using a single rig, with activities concentrated in Quevar South. These areas are strategically located near, and are believed to be geologically related to, the Yaxtché deposit (the basis of the existing mineral resource estimate). Yaxtché currently hosts an Indicated Resource of 45.3 million ounces of silver at a grade of 482 g/t Ag, and an Inferred Resource of 4.1 million ounces of silver at a grade of 417 g/t Ag¹, ranking it among the top undeveloped silver deposits in Argentina. Originally explored extensively between 2008 and 2013 by its previous owner, the project has since seen only limited and sporadic exploration activities. Of the 104,000 meters of historical drilling conducted by previous operators, over 75,000 meters were drilled within the current Mineral Resource Estimate area, reducing the emphasis on the broader exploration upside. The 2025 drilling campaign will consist of approximately 15% confirmation drilling, 25% step-out and resource expansion drilling, and 60% exploration drilling on new targets identified during Phase 1. These exploration targets are located in areas that display similar structural and mineralogical features to the Yaxtché deposit, offering strong potential for new discoveries and for expanding the mineralized system. Joaquín Marias, Chief Executive Officer of Argenta, commented: "As planned and on time with our schedule, this 4,000-meter winter drill program is about to commence, representing one of our first major steps forward since acquiring El Quevar. It's the beginning of a broader strategy to unlock the project's full potential, not just geologically, but economically. We're already envisioning a more expansive drill program during the Argentine summer. This campaign is about laying down the foundation, carefully and decisively, for what we believe can become one of the premier silver assets in Argentina." Despite the challenges posed by winter conditions in the Argentine Andes, Argenta will proceed with this program using a single rig specially prepared for the El Quevar Project. The Company will be one of the few exploration companies actively drilling during this season, underscoring its deep commitment to advancing the El Quevar Project and creating value for shareholders. Appointment of VP and Stock Option Grant The Company is also pleased to announce the appointment of Vanessa Bogaert as Vice President of Investor Relations and Communications. Ms. Bogaert brings over 23 years of hands-on experience in the mineral exploration industry. She began her career with Kennecott Canada (Rio Tinto), supporting administration and field teams. From 2004 to 2016, she led stakeholder relations, operations, and logistics for junior exploration companies, building deep expertise in project execution. For the past decade, Ms. Bogaert has specialized in investor relations, with a focus on the junior silver sector. Her unique blend of technical insight and market-facing strategy makes her a key bridge between the field and the financial community. Her previous experience includes work on projects across Latin America, and her fluency in Spanish enhances her ability to engage effectively with regional stakeholders and partners. Joaquin Marias, CEO of Argenta, commented: "I'm very pleased to welcome Vanessa to the Argenta team. Having a bilingual VP of Investor Relations and Communications with her depth of experience, particularly in the junior silver sector and in Latin America, is a significant advantage for our company. I'm eager to begin working with her to strengthen our communications and expand our presence in both English and Spanish speaking markets." Subject to the approval of the TSX Venture Exchange (the "Exchange"), the Company has granted Ms. Bogaert a total of 600,000 incentive stock options (the "Options") at a price of $0.30 per common share for a period of five (5) years from the date of grant. In accordance with the policies of the Exchange, the Options shall vest in four (4) equal instalments over a period of twelve (12) months from the date of grant. 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 emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver — a critical metal in renewable energy and emerging technologies. Andrew Hamilton, 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. The QP 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. 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. 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. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
ARGENTA COMPLETES PHASE 1 OF 2025 EXPLORATION PROGRAM AT EL QUEVAR
TSXV – AGAG VANCOUVER, BC, May 13, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) ("Argenta" or the "Company") is pleased to announce the successful completion of Phase 1 of its 2025 exploration program at the Company's flagship El Quevar Project, located in Salta Province, Argentina. Phase 1 of the program, which commenced on January 3, 2025 (see press release dated January 6, 2025), was designed to enhance the geological understanding of Quevar South through a systematic program of surface mapping, drill core re-logging, geochemical sampling, and advanced spectroscopic analysis. The results of Phase 1 had been used to define high-priority drill targets for Phase 2, which is expected to commence during Q2 2025. Highlights of Phase 1: Re-logging of 23,500 meters of historical drill core: This work represents over 32% of the total drilling at the Yaxtché deposit (approx. 73,000 meters). The re-logging effort has led to updated interpretations and the identification of key structural and lithological controls on mineralization. Geological modeling underway: New interpretations of the Yaxtché deposit are being developed by the Company's technical team and consultants. These reinterpretations are expected to significantly enhance drill targeting for resource expansion and discovery. Geochemical sampling of previously untested intervals: Over 800 samples were recently collected from more than 750 meters of historical core not previously assayed by the former operator. Results are pending and results will be released when received and compiled. Spectroscopic analysis of 6,000 samples: High-resolution mineralogical analysis using NIR/SWIR technologies provided key insights into hydrothermal alteration patterns and lithological boundaries that will support refined drill targeting. Database modernization: A new geological database has been implemented to unify and validate both historical and newly generated datasets, allowing for improved modeling and future targeting. Regional mapping and surface sampling: 13 km² of 1:10,000 scale surface mapping was completed, identifying key structures and alteration zones. Over 700 soil samples and approximately 200 rock chip samples were collected. Results are pending for these samples and will be released when received and compiled. Surface sampling will continue, depending on weather conditions. Phase 2 of the exploration program is anticipated to commence in Q2 2025 and will focus on drilling high-priority targets identified in Phase 1. The Company is currently finalizing target prioritization and logistical planning. Joaquín Marias, Chief Executive Officer of Argenta, commented: "The completion of Phase 1 marks a major technical milestone for Argenta, setting strong foundations for what is coming next. Through the application of modern tools, detailed analysis, and fresh eyes on the project, we have built a much stronger geological model. Our reinterpretation has revealed patterns and vectors of mineralization that were not previously evident. This new understanding positions us to move forward with greater precision and confidence as we enter the drilling stage." The Company intends to drill approximately 4,000 meters in Phase 2, with the program strategically divided between validation drilling, step-out drilling, and exploration drilling to test new targets generated from the updated model. 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 emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver—a critical metal in renewable energy and emerging technologies. Andrew Hamilton, 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. The QP is not independent of the company. 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. 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. 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. View original content to download multimedia: Sign in to access your portfolio
