Aftermath Silver Reports Positive Phase 2 Drilling Results at Berenguela Deposit

2 min read | February 14, 2025 01:59 AM EST | By Team Kalkine Media

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Aftermath Silver Reports Positive Phase 2 Drilling Results at Berenguela Deposit — Image source: Shutterstock

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Highlights

Latest assay results from 23 drill holes confirm consistency with previous findings.

Geological investigation and resource infill drilling aim to upgrade resource estimates.

Company targets completion of a Preliminary Economic Assessment by Q3 2025.

Aftermath Silver Ltd. (TSX:AAG) CEO Ralph Rushton recently shared encouraging assay results from the company’s ongoing Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit in Puno, southern Peru. The announcement, made during an interview with Proactive, highlights key findings from 23 additional drill holes as part of a 60-hole program.

The latest results include Holes AFD064 to AFD077, which were designed as geological investigation holes to analyze a north-south striking fault zone within the mineral resource. Meanwhile, Holes AFD105 to AFD113 were drilled as resource infill holes in the east-central anticline, an area on the eastern side of the deposit. These infill holes play a crucial role in upgrading inferred resources to measured and indicated categories, improving the project’s overall resource confidence.

According to Rushton, the results are consistent with previous drilling data, reinforcing the company’s understanding of the mineralization at Berenguela. The data from this latest round of drilling will be incorporated into an updated block model, refining Aftermath Silver’s resource estimates and supporting the company’s future development plans.

With nearly 450 drill holes completed at Berenguela, Aftermath Silver believes it has gathered sufficient geological and metallurgical data to finalize its model. The company remains on track to complete a Preliminary Economic Assessment (PEA) by Q3 2025, marking a significant step forward in evaluating the economic potential of the deposit.

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