Aftermath Silver Ltd. Expands Berenguela Resource with Promising Phase 2 Drilling Results
- Aftermath Silver expands Berenguela drilling target from 60 to 82 holes, achieving 5,329 meters drilled.
- Promising results from drill hole AFD139 indicate robust copper mineralization and potential resource growth at Berenguela.
- The company plans to integrate Phase 1 and Phase 2 results for a revised mineral resource estimate.
Aftermath Silver Expands Berenguela Resource with Promising Drilling Results
Aftermath Silver Ltd. (TSXV: AAG) reveals significant advancements in its Phase 2 diamond drilling program at the Berenguela silver-copper-manganese deposit in southern Peru. The company increases its initial drilling target from 60 to 82 holes, achieving a total of 5,329 meters drilled. This expansion is pivotal as it indicates the potential for resource growth at Berenguela, especially highlighted by the results from drill hole AFD139, which demonstrates robust copper mineralization and suggests that the resource is still open to the east. President and CEO Ralph Rushton emphasizes that a revised mineral resource estimate is currently in progress, which will integrate findings from both Phase 1 and Phase 2 drilling campaigns.
The drilling program strategically focuses on high-potential areas, including the eastern ridge and central zones adjacent to old open pits. The weighted average core recovery stands impressively at 97%, showcasing the effectiveness of the drilling efforts. Historical mining activities from 1913 to 1965, which extracted approximately 500,000 tons of ore, represent only about 1.2% of the current measured and indicated resource inventory. This historical context underscores the vast potential of the Berenguela site, as the remaining resources could be significantly larger than what has previously been mined. The current drilling aims not only to convert inferred resources into indicated or measured categories but also to clarify geological complexities and faulting, which are crucial for understanding the full extent of the deposit.
The geological landscape of Berenguela includes folded limestones, with mineralization primarily adhering to stratigraphic features. The ongoing assessment also considers voids created by earlier mining operations, further informing the company’s exploration strategy. As the geology suggests a potential thickening of the limestone sequence, Aftermath Silver plans to continue its exploration efforts, particularly targeting the eastern mineralization area, despite the challenging topography. The results from the recent drilling underscore Aftermath Silver’s dedication to augmenting its resource base at Berenguela, laying a solid foundation for future drilling campaigns aimed at unlocking the full potential of the deposit.
In addition to the promising drilling results, Aftermath Silver is poised to enhance its operational footprint in the silver market. The company’s commitment to expanding the Berenguela resource reflects its strategic focus on sustainable practices and responsible mining. As the demand for silver and other essential minerals continues to rise, Aftermath Silver's efforts position it favorably within the industry, potentially driving long-term growth and sustainability.
With the completion of this phase of drilling, Aftermath Silver not only prepares for future exploration but also reinforces its role as a key player in the silver-copper-manganese sector. The integration of Phase 1 and Phase 2 results will provide valuable insights, enabling the company to navigate the complexities of resource estimation and development effectively.
