Aftermath Silver’s Exciting Discoveries at Berenguela: A New Lease of Life for the Project
Vancouver, British Columbia – Aftermath Silver Ltd. (AAG), a silver-focused exploration and development company, recently announced the assay results from its Phase 2 diamond drill program at the Berenguela project in the Department of Puno, southern Peru. This project, which is rich in silver, copper, and manganese, is generating significant excitement in the mining industry.
Assay Results Highlight Promising Silver-Copper-Manganese Deposits
The latest assay results from the Berenguela project reveal impressive silver, copper, and manganese mineralization. The drill program, which consisted of 13 holes totaling 2,500 meters, yielded several high-grade intercepts. For instance, hole BG22-037 intersected 1,188 grams per tonne (g/t) silver, 0.21% copper, and 12.4% manganese over 3.4 meters. Hole BG22-032 also displayed strong mineralization, with 267 g/t silver, 0.15% copper, and 5.9% manganese over 1.5 meters.
The Significance of the Berenguela Project
The Berenguela project, which is located in the prolific Tariqa-Huanca silver belt, has the potential to significantly contribute to the global silver market. According to the International Silver Institute, global silver production was approximately 26,600 metric tons in 2023. With these impressive assay results, the Berenguela project could potentially add substantial silver reserves to the global market.
Impact on Aftermath Silver and the Mining Industry
These impressive results could have a positive impact on Aftermath Silver. The company’s share price has already shown a significant increase following the announcement. Moreover, the discovery of high-grade silver, copper, and manganese deposits could potentially lead to increased investor interest and further exploration efforts.
Implications for Consumers and the Economy
The mining industry is a significant contributor to the global economy, and the discovery of large silver deposits can have far-reaching implications. Silver is used in various industries, including electronics, solar panels, and jewelry. The increased supply could lead to lower prices for consumers and potentially stimulate economic growth in countries where mining operations are located.
Looking Forward: The Future of the Berenguela Project
- Aftermath Silver plans to continue drilling at the Berenguela project to further evaluate the mineralization potential.
- The company aims to complete a resource estimate for the project by the end of Q2 2025.
- The results from the current drill program are expected to contribute to an updated mineral resource estimate for the project.
In conclusion, Aftermath Silver’s recent discovery at the Berenguela project in Peru is an exciting development for the mining industry. The impressive silver, copper, and manganese mineralization could potentially lead to increased investor interest, lower consumer prices, and economic growth in the region. As the company continues to explore the project, we can expect further updates and potentially significant contributions to the global silver market.
About Aftermath Silver Ltd.
Aftermath Silver Ltd. is a silver-focused exploration and development company. Its portfolio includes the Berenguela project in Peru and the Flagship silver project in British Columbia, Canada. Aftermath Silver’s mission is to create value for shareholders through the discovery, acquisition, and responsible development of quality silver projects.
