Summary
Aftermath Silver advances drilling at Berenguela and Challacollo
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF, FRA:FLM1) told investors that it is advancing drilling and development work at its Berenguela silver-copper-manganese project in southern Peru and Challacollo silver-gold project in northern Chile, with a prefeasibility study at Berenguela remaining on schedule for early 2027. At Berenguela, the company has completed 4,002 metres of its third diamond drilling campaign as of July.
Aftermath Silver advances Berenguela copper drilling - ICYMI
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF, FRA:FLM1) CEO Ralph Rushton talked with Proactive about the company's latest drilling campaigns at the Berenguela and Challacollo projects, outlining exploration plans aimed at expanding existing mineral resources while engineering work continues in parallel. Proactive: Welcome back inside our Proactive newsroom.
Aftermath Silver begins drilling at Berenguela copper target and Chile's Challacollo project
Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF, FRA:FLM1) announced that it has started drilling at the eastern edge of its Berenguela project in Peru to test for high-grade copper mineralization beyond the current mineral resource estimate, while also launching a drill program at its Challacollo silver-gold project in northern Chile. The company said the Berenguela program will initially include up to 1,000 metres of core drilling targeting an eastern copper zone, following previous drill results that intersected high-grade copper and silver mineralization.
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Aftermath Silver Ltd. Profile
| Metals & Mining Industry | Materials Sector | Ralph W. Rushton CEO | OTCQB Exchange | 00831V205 CUSIP |
| CA 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.
