Aftermath Silver Ltd. (AAGFF)
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Aftermath Silver boosts Berenguela project resource - ICYMI
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF) CEO Ralph Rushton talked with Proactive about the company's recent infill drilling program at its Berenguela silver-copper-manganese project in southern Peru, located near the town of Santa Lucia. The program aimed to upgrade inferred resources to the measured and indicated category.
Aftermath Silver unveils resource upgrade at Berenguela deposit in Peru
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF) has released an updated Mineral Resource Estimate (MRE) for its Berenguela silver-copper-manganese deposit in southern Peru, highlighting a significant expansion and upgrade of its previous 2023 resource. The new estimate, prepared by BBA International (Canada) in accordance with NI 43‑101 standards, is based on the most comprehensive geological model of the deposit to date, according to Aftermath.
Silver surges to record on Fed rate cut optimism
Silver prices soared to a new all-time high on Friday, surpassing the $55 per ounce mark as investor optimism grew over a potential interest rate cut by the US Federal Reserve in December. The precious metal jumped over 3% to $55.01 per ounce just after US markets opened on Friday.
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Aftermath Silver Ltd. Profile
| - Industry | - Sector | Mr. Ralph W. Rushton M.Sc. CEO | OTCQB Exchange | - ISIN |
| Canada Country | - Employees | - Last Dividend | 23 Feb 2017 Last Split | - IPO Date |
Overview
Aftermath Silver Ltd. is a Vancouver-based exploration stage company founded in 2011, dedicated to the acquisition, exploration, and development of mineral properties. Initially known as Full Metal Zinc Ltd., the company underwent a name change to Aftermath Silver Ltd. in April 2014, signaling a refined focus on silver and other mineral deposits. With a strategic emphasis on silver, gold, copper, and manganese, Aftermath Silver Ltd. aims to unearth and develop rich mineral deposits, primarily focusing on locations within Chile and Peru. The company's portfolio includes the Cachinal and Challacollo properties in Chile, along with the Berenguela property in Puno, Peru, showcasing its broad and strategic interest in South American mineral exploration.
Products and Services
- Silver Exploration
Aftermath Silver Ltd. places a significant emphasis on silver exploration, reflecting its primary business objective and namesake. The company is actively engaged in the exploration and potential development of silver deposits, particularly through its interests in the Cachinal and Challacollo properties in Chile. This focus on silver underpins its strategic operations and future growth plans.
- Gold Exploration
Beyond silver, Aftermath Silver Ltd. explores for gold deposits as part of its diversified mineral exploration portfolio. Gold exploration, being inherently valuable and complementary to silver mining operations, represents an important aspect of the company's strategy to maximize the value of its multi-mineral properties.
- Copper and Manganese Exploration
In addition to silver and gold, Aftermath Silver Ltd. is involved in the exploration of copper and manganese, two industrially critical minerals. The exploration of these minerals demonstrates the company's broader vision to explore and develop a range of mineral deposits, catering to various market demands and leveraging the diverse geological makeup of its properties in Chile and Peru.
- Development of Mineral Properties
Key to Aftermath Silver Ltd.'s operations is the development of its mineral properties, with a focus on advancing prospects from the exploration stage to potentially productive mines. This involves detailed geological surveys, resource estimation, feasibility studies, and, where viable, the planning and execution of mining operations. The ultimate goal is to bring its properties, namely Cachinal, Challacollo in Chile, and Berenguela in Peru, to production, thereby generating revenue and shareholder value.
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