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Highlights
- BP Silver operates in Bolivia’s prolific silver belt with a fully permitted flagship project.
- Phase 1 drilling at the flagship Cosuño project completed eleven holes across four initial targets.
- First two holes intersected 29m at ~80 g/t AgEq with assays pending for nine holes.
- Exploration plans for Cosuño include geophysics, mapping, and follow-up drilling in 2026.
- Titiri project hosts a 2.5km mineralized zone with historical trench results and no drilling to date.
BP Silver Corp. (TSX-V: BPAG), a Canadian silver exploration company, has already made waves in its first six months of trading under the symbol ‘BPAG’ on the TSX-V, recording a remarkable 114.29% gain since September 29, 2025. The company is rapidly advancing its exploration efforts across its Bolivian project portfolio, setting the stage for what the company believes could become a major silver discovery story.
Cosuño Project: A Tier-1 Silver Belt Opportunity
The company is currently focused on drilling, target generation, and geological evaluation at its flagship Cosuño Project in Potosí, which is located within the Bolivian silver belt near Cerro Rico and San Cristóbal. Cosuño s fully permitted for exploration and sits in an underexplored district that has already recorded three silver discoveries of more than 200 million ounces since 2019.
Covering a 10.5km2 zone of alteration, Cosuño lies within the same prolific belt as some of Bolivia’s largest silver systems. Phase 1 drilling has been completed, with eleven holes testing four initial priority targets in the southern portion of the project where mineralization is exposed at surface.
The program operates under a five-year community agreement alongside full drill permits.
Early Drilling Success
Geological work has identified a mineralized lithocap — a feature that is typically barren — and most of the broader alteration system remains concealed beneath surface cover, indicating that only a limited portion of the target area has been tested.
- First Assays From Phase 1: Assay results from the first two drill holes intersected near-surface silver-gold mineralization, including 29 metres grading 56 g/t silver and 28 g/t gold, or approximately 80 g/t silver equivalent.
Results from the remaining nine holes are expected over the coming weeks. The initial drilling focused on outcropping targets, while the wider system is interpreted to host additional concealed zones. According to the technical team, the completed holes represent an initial test of a much larger hydrothermal system.
- 2026 Exploration Plan: Expanding the Footprint
The next phase of work is designed to follow up on current targets and evaluate new ones, subject to drill results. Planned activities include geophysical screening of the lithocap to define extensions and geometry beneath cover, along with additional mapping and sampling across and beyond the alteration footprint.
Titiri Adds Pipeline Depth
At the company’s Titiri Project, historical work by ASARCO identified outcropping mineralization at the intersection of several crustal-scale faults. The project hosts a 2.5-kilometre silver-lead-zinc zone supported by trench results but has not yet been drilled. An MOU with local communities is in place for future exploration.
With Phase 1 assays rolling on, BP Silver’s near-term focus is on integrating results into its geological model and advancing geophysical surveys, mapping, and follow-up drilling at Cosuño. Phase II targeting is subject to outcomes, while the undrilled Titiri trend provides an additional exploration pipeline for future technical programs.
