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2月前
Pacifica Silver Reports Initial Phase II Drill Results at Claudia with Multiple High-Grade Intercepts at the Aguilareña AreaApril 14, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica Silver" or the "Company") is pleased to announce assay results from the first 16 holes of its Phase II, 20,000-metre diamond drilling program at the 100% owned Claudia Silver-Gold Project ("Project") located in the historic El Papantón Mining District in Durango State, Mexico. Fourteen of the 16 holes successfully intersected silver-gold mineralization, including multiple high-grade intercepts. The fully funded Phase II program commenced in mid-January 2026 and is on track for completion in June 2026, with 9,918 metres drilled in 38 holes to date.Drill Result HighlightsAguilareña Area4.90 m @ 1.21 g/t Au & 323 g/t Ag (428 g/t AgEq*) from 35.10 m, including 1.50 m @ 1.31 g/t Au & 783 g/t Ag (896 g/t AgEq), in hole 26CLAU077D.3.05 m @ 3.91 g/t Au & 79 g/t Ag (415 g/t AgEq) from 144.25 m, including 0.80 m @ 10.30 g/t Au & 214 g/t Ag (1,100 g/t AgEq), in hole 26CLAU076D. Hole 26CLAU074D intersected two high-grade veins in the Aguilareña hanging wall: 2.20 m @ 3.22 g/t Au & 32 g/t Ag (309 g/t AgEq) from 139.05 m, including 0.50 m @ 9.28 g/t Au & 42 g/t Ag (840 g/t AgEq); and3.60 m @ 2.54 g/t Au and 49 g/t Ag (268 g/t AgEq) from 144.20 m, including 0.65 m @ 8.27 g/t Au & 96 g/t Ag (807 g/t AgEq).0.35 m @ 13.90 g/t Au & 62 g/t Ag (1,258 g/t AgEq) from 157.25 m in hole 26CLAU068D. 0.60 m @ 11.65 g/t Au & 52 g/t Ag (1,063 g/t AgEq) from 128.60 m in hole 26CLAU078D.Central Vein Area2.70 m @ 1.71 g/t Au & 124 g/t Ag (271 g/t AgEq) from 78.70 m, including 0.60 m @ 4.44 g/t Au & 324 g/t Ag (706 g/t AgEq), in hole 26CLAU079D."These initial Phase II results highlight strong consistency at the Claudia project, with 14 of 16 holes intersecting silver-gold mineralization, several of which exceeded 1,000 g/t AgEq," stated Todd Anthony, Chief Executive Officer of Pacifica Silver. "These results successfully extend the Aguilareña vein down-dip by up to 150 metres and confirm robust subsurface vein continuity along 1.9 kilometres of strike length. The first hole drilled at the Central vein this year also delivered high-grade mineralization that exceeds prior results in the area. Together, these results reinforce our confidence in the scale, continuity and significant overall potential of this high-grade silver-gold system. We look forward to reporting further results as the Phase II program advances."Figure 1 - Map Showing Locations of 2026 Phase II Drill Holes with Assays at Claudia ProjectTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10814/292267_3657177bf495789b_001full.jpgAguilareña Area ResultsPhase II drilling to date has successfully intercepted the Aguilareña vein 50 m to 150 m down-dip from previous drilling over a 1.6 km strike length within the 1.9 km of strike length known from Phase I and 2021 drilling. This includes important lateral infill drilling along portions of the Aguilareña vein to the north and south of historical underground workings, further confirming vein continuity below and lateral to Phase I intercepts. To the north of the Aguilareña shaft, drill holes 26CLAU067D, 26CLAU068D, 26CLAU069D, 26CLAU070D, 26CLAU071D, 26CLAU074D, 26CLAU076D, 26CLAU078D and 26CLAU080D (Figure 1) targeted the Aguilareña and hanging wall veins down-dip and laterally from historical and Phase I drilling. Eight of these nine holes intersected the Aguilareña vein, extending the vein as much as 50 to 150 m down dip from previous drilling, with selected results discussed below and shown in Table 1.Hole 26CLAU068D returned the highest-grade assays of 13.9 g/t Au and 62 g/t Ag (1,258 g/t AgEq over 0.35 m from 157.25 m in a hanging wall vein approximately 120 m south of the 0.30 m interval of 12.3 g/t Au and 206 g/t Ag from 96.20 m in Phase I hole 25CLAU065D.Hole 26CLAU076D intersected the Aguilareña vein approximately 50 m from hole 21CLAU003D, returning 3.05 m of 3.91 g/t Au and 79 g/t Ag (1,100 g/t AgEq) from 144.25 m in the Aguilareña vein, including 0.80 m of 10.3 g/t Au and 214 g/t Ag.High-grade hanging wall veins were also intersected in hole 26CLAU078D with 0.6 m of 11.75 g/t Au and 52 g/t Ag from 128.6 m, and in hole 26CLAU074D with 0.50 m of 9.28 g/t Au and 42 g/t Ag from 139.05, and from 144.20 to 147.80 (3.60 m) averaging 2.54 g/t Au and 49 g/t Ag, including 0.65 m at 8.27 g/t Au and 96 g/t Ag.To the south of the Aguilareña shaft, holes 26CLAU072D, 26CLAU073D, 26CLAU075D and 26CLAU081D intersected the Aguilareña vein approximately 50 m down dip and laterally from previous drill intersections. A fifth hole (26CLAU077D) tested the intersection of the Aguilareña and Mark Twain veins at shallow depth in a gap with no previous drilling. Results are shown in Table 1 and selected results are discussed below.Hole 26CLAU075D, located slightly down dip and approximately 65 m south of historical hole 21CLAU030D and approximately 50 m down dip from historical hole 21CLAU004D, intersected hanging wall vein breccia with 4.5 g/t Au and 49 g/t Ag from 130.45 to 130.75 m and 6.31 g/t Au and 247 g/t Ag from 155.30 to 156.25 m. Hole 26CLAU077D returned 9.06 g/t Au and 152 g/t Ag over 0.45 m from 27.45 m after passing through the void space of an old working on the Aguilareña vein into 12.55 m of brecciated, mineralized wall rock and subsidiary vein material marking the intersection of the Mark Twain and Aguilareña veins. Mineralization averaged 1.12 g/t Au and 178 g/t Ag (275 g/t AgEq) from 27.45 to 40.0 m. This intersection zone also included 1.50 m of 1.31 g/t Au and 783 g/t Ag from 35.1 m. The West vein was intersected from 113.8 to 114.1 m and assayed 2.11 g/t Au and 159 g/t Ag (341 g/t AgEq).Seven of the holes reported today intersected narrow, high-grade veins in the hanging wall of the Aguilareña structure, bringing the total number of such hanging-wall intersections in the Phase I and Phase II drill programs to 10. In addition, seven similar high-grade hanging-wall intercepts were recorded in 2021 drilling by the previous operator, Durango Gold, with gold grades ranging from 4.6 to 24 g/t Au, silver grades ranging from 7 to 233 g/t, and silver-equivalent grades ranging from 403 to 2,100 g/t AgEq.The Company is currently working to determine the number of individual veins, their lateral and vertical extents and potential connections between intersections. Further Phase II drilling is planned to explore this emerging high-grade hanging-wall mineralization at the Aguilareña vein.Central Vein ResultsHoles 26CLAU079D and 26CLAU082D were drilled to test the up-dip and northern extensions of the mineralized zone found in historical hole 21CLAU031D. Hole 26CLAU079D was collared 135 m south of the historical hole, while hole 26CLAU082D was collared approximately 80 m north (Figure 1). Both holes were also positioned to test up-dip from holes 25CLAU042D and 25CLAU055D, with hole 26CLAU082D also located 50 m down-dip from 21CLAU031D. Results are shown in Table 1 and selected results are discussed below.Hole 26CLAU079D intersected the Central vein over 2.7 m averaging 1.71 g/t Au and 124 g/t Ag, from 78.7 m. The vein contained 0.60 m averaging 4.44 g/t Au and 324 g/t Ag (706 g/t AgEq), half of which assayed 6.37 g/t Au and 533 g/t Ag. The intercept in hole 26CLAAU079D on the Central vein returned higher gold and silver grades than those encountered in all historical drilling and the Phase I program, although the mineralized width was narrower than the 6.05 m interval grading 1.27 g/t Au and 90 g/t Ag reported in hole 21CLAU031D (from 62.1 m). These higher-grade results confirm the Central vein as a compelling target warranting additional drilling at both shallower and deeper levels.Quality Assurance/Quality Control The 2026 drill samples reported here were collected from HQ-diameter core and were logged and sampled at the Pacifica Silver gated and enclosed facility in Santiago Papasquiaro, Durango. Sample lengths varied from 0.30 to 1.85 m, with the majority being ≥ 0.85 m in length. Pacifica Silver geologists marked the core lengthwise to best divide the core into halves, perpendicular to veins, mineralized fractures and vein-breccia. Sample intervals were cut in half lengthwise and one-half of each sample was placed into pre-numbered plastic sample bags with numbered sample tickets and closed with ties. The closed sample bags were placed into numbered shipping sacks along with numbered bags of coarse preparation blanks and certified reference material (CRMs or "standards") inserted with each hole for quality control/quality assurance purposes. Samples were transported by commercial package delivery to the ALS laboratory in Hermosillo, Sonora, Mexico. At the ALS laboratory, the samples were crushed in their entirety to 70% passing 2 mm, and riffle split to 1-kg subsamples which were pulverized to 85% at 75 µm. ALS then shipped 200 g splits of the pulverized material by air freight to the ALS assay laboratory in North Vancouver, Canada, for analysis. Gold was analyzed by 30 g fire-assay fusion with an Atomic Adsorption (AA) finish (method code Au AA23); samples with >10 g/t Au were re-assayed by fire-assay fusion and gravimetric finish. Silver plus 34 major, minor and trace elements were analyzed by ICP AES following 4-acid digestion of 0.5 g aliquots (method code MEICP-61). Samples that assayed greater than 100 g/t Ag were re-analyzed by ICP AES following a 4-acid digestion (method code Ag OG62). ALS holds accreditation under ISO/IEC 17025:2017 for specific analytical procedures and is independent of Pacifica Silver.Qualified PersonDr. Steven I. Weiss, PhD, CPG, Interim Vice-President of Exploration for Pacifica Silver, is a Qualified Person for the purposes of National Instrument 43-101 and has reviewed and approved the technical content in this news release.Table 1 - Significant Assay Results from Phase II Drill Program at Claudia ProjectHole IDHole Dip (deg)From mTo mLength m
Au g/tAg g/tAgEq**
g/tArea26CLAU067D-62191.20195.204.00at ave1.288118Aguilareña HW stockworkwhich includes
191.70192.801.10at3.548312
26CLAU068D-54157.25157.600.35at13.9062 1,258 Aguilareña HW vein26CLAU069D-90164.90165.550.65at0.8038107Aguilareña HW vein26CLAU070D-54278.80282.003.20NSI; max 0.524 g/t Au and 24 g/t AgAguilareña vein26CLAU071D-46221.20232.0510.85at ave0.512165Aguilareña vein and HW stockworkwhich includes
221.20221.500.30at2.49131345
and
224.70225.701.00at1.4597221
26CLAU072D-5287.6088.100.50at1.5939176 Aguillareña HW veins26CLAU073D-60105.80106.450.65at2.2088277 Aguillareña HW veinsand
115.90116.951.05at1.8445203Aguilareña vein FW26CLAU074D-90139.05141.252.20at ave3.2232309 Aguillareña HW veinswhich includes
139.05139.550.50at9.2842840
and
144.20147.803.60at ave2.5449268 Aguillareña HW veinswhich includes
147.15147.800.65at8.2796807
26CLAU075D-58122.35123.050.70at3.62394705 Aguillareña HW veinand
125.55126.100.55at1.1767167 Aguillareña HW veinand
130.45130.750.30at4.5049436 Aguillareña HW veinand
155.30156.250.95at6.31247790 Aguillareña HW vein-brecciaand
163.75164.200.45at1.5936173Aguilareña vein26CLAU076D-64143.35149.155.80at ave2.3247247 Aguillareña and FW veinsincluding
144.25147.303.05at ave3.9179415Aguilareña veinwhich includes
145.80146.600.80at10.30214 1,100 Aguilareña vein26CLAU077D-6027.4540.0012.55at ave1.12178275FW vein zone & Mark Twain veinincluding
27.4527.900.45at9.06152931FW vein zoneand
35.1040.004.90at ave1.21323428FW vein zone including Mark Twain veinincluding
35.1036.601.50at1.31783896
also
113.80114.100.30at2.11159341West vein26CLAU078D-6148.8049.851.05at3.27243524Aguilareña HW veinand
106.95107.400.45at3.2114290Aguilareña HW veinand
126.75127.200.45at1.6718161Aguilareña HW veinand
128.60129.200.60at11.7552 1,063 Aguilareña HW veinincluding
144.30146.201.90at ave1.5510144
which includes
145.90146.200.30at5.3017473
and
165.80169.303.50at ave1.3627144Aguilareña veinwhich includes
167.75168.500.75at ave2.9939297Aguilareña vein26CLAU079D-7078.7081.402.70at ave1.71124271Central veinincluding
78.7079.300.60at ave4.44324706
which includes
79.0079.300.30at6.37533 1,081
26CLAU080D-62130.85134.503.65at ave1.4730156Aguilareña veinincluding
131.35132.000.65at3.9792434
which includes
136.40137.250.85at2.297204
26CLAU081D-5262.1067.004.90at ave1.4277198Aguilareña and footwall veinsincluding
63.7564.901.15at ave2.61146371Aguilareña veinand
116.40116.700.30at1.7330179
26CLAU082D-60
NSI, weakly anomalous with max Au = 0.056 g/t, max Ag = 4.9 g/tCentral vein Composites calculated with Au minimum of 0.15 g/t (0.100 g/t Au if Ag > 30 g/t) and no more than 1.0 m internal below minimum.
*True widths are estimated to average 75% of the reported drilled intervals (the majority range from 76% to 96%).
**Silver equivalent grade (AgEq) is calculated based on the following formula: AgEq (g/t) = Ag (g/t) + [Au (g/t) x (Au price / Ag price) x (Au recovery / Ag recovery)]. Metal prices for silver and gold are assumed to be US $30/oz and US $2,500/oz, respectively. At this stage, insufficient metallurgical test work has been completed to determine recoveries for silver and gold at the Claudia property. Accordingly, recoveries of 93% for silver and 96% for gold were applied, based on the 5-year historical average production data reported from First Majestic Silver Corp.'s San Dimas mine. These values are considered reasonable proxies for anticipated recoveries at Claudia due to similarities in deposit style and the relative proximity of the two properties.About Pacifica Silver Corp.Pacifica Silver Corp. is a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its 100% owned Claudia Silver-Gold Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated intermittently during the 20th century. Since 1990, sampling and drilling within have returned high-grade silver and gold intercepts across multiple vein systems, with only 10% of over 30 kilometres of known veins having been drilled. Today, the project is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries. Signed,
Todd Anthony
Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT:
Todd Anthony
Phone: 778-999-2627
Email: info@pacificasilver.comNeither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking InformationThis news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities legislation as may be amended from time to time, including, without limitation, statements regarding the perceived merit of the Project, expected timeline for permitting additional drill sites, potential quantity and/or grade of minerals and the potential size of the mineralized zones. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding the price of gold and silver; the accuracy of mineral resource estimations; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained, including concession renewals and permitting; that political and legal developments will be consistent with current expectations; that currency and exchange rates will be consistent with current levels; and that there will be no significant disruptions affecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks related to uncertainties inherent in the preparation of mineral resource estimates, including but not limited to changes to the cost assumptions, variations in quantity of mineralized material, grade or recovery rates, changes to geotechnical or hydrogeological considerations, failure of plant, equipment or processes, changes to availability of power or the power rates, ability to maintain social license, changes to interest or tax rates, changes in project parameters, delays and costs inherent to consulting and accommodating rights of local communities, environmental risks, title risks, including concession renewal, commodity price and exchange rate fluctuations, risks relating to COVID-19, the ongoing war in the Ukraine, delays in or failure to receive access agreements or amended permits, risks inherent in the estimation of mineral resources; and risks associated with executing the Company's objectives and strategies, including costs and expenses, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, available on www.sedarplus.ca. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.*All silver equivalent grades (AgEq) expressed in this Press Release are calculated based on the following formula: AgEq (g/t) = Ag (g/t) + [Au (g/t) x (Au price / Ag price) x (Au recovery /Ag recovery)]. Metal prices for silver and gold are assumed to be US $30/oz and US $2,500/oz, respectively. At this stage, insufficient metallurgical test work has been completed to determine recoveries for silver and gold at the Claudia property. Accordingly, recoveries of 93% for silver and 96% for gold were applied, based on the five-year historical average production data reported from First Majestic Silver Corp.'s San Dimas mine. These values are considered reasonable proxies for anticipated recoveries at Claudia due to similarities in deposit style and the relative proximity of the two properties.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292267
Original: Pacifica Silver Reports Initial Phase II Drill Results at Claudia with Multiple High-Grade Intercepts at the Aguilareña Area
CA Market News
2月前
Pacifica Silver Provides Exploration Update at Claudia Silver-Gold Project; Grants Incentive Stock OptionsApril 2, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") is pleased to provide an update on exploration activities at its 100% owned Claudia Silver-Gold Project located in Durango State, Mexico. Recent assay results from 286 surface channel samples collected in late 2025 and early 2026 have enabled the Company to identify and commence drill testing of two new high-priory targets at the Pinolera zone and recently recognized Contraria vein swarm. These targets are included in the Company's ongoing 20,000-metre (m) Phase II drill program where a total of 35 holes totaling over 8,854 m have been drilled as of March 30th. The Company has also granted 1.4 million incentive stock options to directors, officers, advisors and consultants.Surface Sampling Identifies New High-Priority Drill AreasBuilding on positive rock-chip sampling results announced on October 9, 2025, recent multi-element assay results from 286 surface channel samples collected between late 2025 and early 2026 have confirmed high-grade silver and gold mineralization at surface in previously unsampled and underexplored areas in the southern portion of the property. The ongoing channel sampling and mapping program, focused on the area between the historical Tres Reyes and Mina Vieja mines, has now extended known silver-gold mineralization at the Tres Reyes vein by 250 m to the south; extended known mineralization at the Pinolera zone to nearly 600 m; further refined the Justina vein extent to approximately 750 m; and filled in multiple transects across the Contraria vein swarm. Highlights from channel sampling include:17.5 g/t Au & 59 g/t Ag over 0.6 m4.82 g/t Au & 66 g/t Ag over 1.5 m1.64 g/t Au & 109 g/t Ag over 1.5 m0.51 g/t Au & 117 g/t Ag over 0.5 m1.48 g/t Au & 63 g/t Ag over 1.5 mThe highest gold assays were obtained from quartz veins in the Contraria vein swarm northwest of Mina Vieja, including 17.5 g/t Au and 59 g/t Ag over 0.6 m and 4.82 g/t Au and 66 g/t Ag over 1.5 m (Figure 1). At surface, the Contraria vein swarm consists of multiple intermittently exposed, subparallel quartz veins, up to approximately 20 cm in width individually, that extend over an area 300 m wide and 1.2 km from the Guadalupana vein to Mina de Oro (Figure 1).The highest silver assays of 117 g/t Ag and 0.51 g/t Au as well as 109 g/t Ag with 1.64 g/t Au came from the southern Tres Reyes vein and the eastern Pinolera zone, respectively (Figure 1). The Pinolera zone is a N70W-striking, up-to-40-m-wide zone of subparallel veins that intersects the Justina vein and extends west to the Tres Reyes vein. Additional information on the ongoing channel sampling program and results included in this press release is included in the "Detailed Channel Sampling Results Discussion" section below.Figure 1: Recent 2026 Surface Sample ResultsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10814/290954_af80d8a574f0391f_001full.jpgNote: Multiple samples were taken at various sites along lines perpendicular to veins and vein breccia or sheeted vein zones; at this zoom level, the symbols overlap and are not visible individually. Phase II Drill Program UpdateAs of March 30th, the company has drilled over 8,854 m in 35 diamond-core holes, including 354 m in three Phase I holes that were re-entered and deepened. The 20,000 Phase II drill program is designed to continue extending zones of high-grade silver-gold mineralization at the Aguilareña vein; follow up on the recent high-grade discovery at the Justina vein (see news from February 9, 2026); and aggressively drill test the southern extension of the Aguilareña-Tres Reyes vein as well as the high-priority Justina vein, Contraria vein swarm, Pinolera, Mina Vieja and Mina de Oro areas.Grant of Incentive Stock OptionsPacifica's Board of Directors has approved the granting of 1.4 million incentive stock options to directors, officers, advisors, and consultants of the Company, in accordance with its equity incentive plan.The stock options have an exercise price of C$1.22 per share and are exercisable for a period of five years from the date of grant. The options will vest over an 18-month period, with 25% vesting upon grant, 25% vesting six months after the date of grant and an additional 25% vesting every six months thereafter. All options are subject to the terms and conditions of the Company's equity incentive plan and applicable regulatory approvals.The granting of these options is intended to recognize the ongoing contributions of Pacifica's leadership and key team members, and to further align their interests with those of shareholders as the Company advances its exploration activities at its flagship Claudia Silver-Gold Project in Durango, Mexico.Detailed Channel Sampling Results DiscussionPacifica's mapping and sampling program is ongoing to cover widespread areas of the Claudia project that have been previously underexplored. For the 286 samples analyzed as of March 14th, a statistical breakdown of assays based on silver and gold grades is as follows:By Silver ValuesTop 11 samples (4%) assayed ≥30 g/t Ag, with a maximum of 117 g/t Ag and an average of 61 g/t Ag and 2.68 g/t Au.Top 23 samples (8%) assayed ≥18 g/t Ag, with an average of 40 g/t Ag and 1.43 g/t Au.Across all 286 samples, the average was 5 g/t Ag and 0.19 g/t Au, including 213 samples assayed at or less than the lower limit of detection of 2 g/t Ag. By Gold ValuesTop eight samples (2.8%) assayed ≥1.00 g/t Au, with a maximum of 17.5 g/t Au and an average of 3.78 g/t Au and 43 g/t Ag.Top 18 samples (6%) assayed ≥0.5 g/t Au with an average of 2.06 g/t Au and 33 g/t Ag. Top 46 samples (16%) assayed ≥0.2 g/t Au with an average of 1.00 g/t Au and 21 g/t Ag.Top 73 samples (26%) assayed ≥0.1 g/t Au with an average of 0.68 g/t Au and 15 g/t Ag.For the 233 samples at or above the lower limit of detection, the average was 0.23 g/t Au and 6 g/t Ag. There were 53 samples (18%) that assayed less than 0.005 g/t Au, the lower limit of detection.The surface sample results in this news release are from channel samples collected by Pacifica geologists and field technicians with sample locations recorded using hand-held Global Positioning System (GPS) receivers with an estimated precision of ± 3.0 m. Channel samples were taken by cutting two parallel slots about 2-3 cm in depth and continuously over horizontal lengths of 0.45 to 3.5 m with an average 1.4-m length using portable masonry saws. The rock between the slots was extracted by hammer and chisel and individual samples averaged 2.4 kg in weight. Samples were placed in numbered plastic sample bags closed with ties. Coarse preparation blanks of similar weights were inserted into the sample stream for quality assurance/quality control (QA/QC) purposes. The individual samples and inserted QA/QC blanks were placed in numbered shipping sacks and stored in Pacifica's gated and locked warehouse in Santiago Papasquiaro, Durango. The samples were transported to SGS de Mexico (SGS) in Durango City, Durango, Mexico by Pacifica personnel and contract field technicians. SGS is an independent commercial analytical laboratory independent of Pacifica and accredited under ISO/IEC 17025. At SGS, the samples were weighed, dried at 55°C and crushed in their entirety to -10 mesh. The crushed material was split to obtain approximately 200-gram subsamples which were pulverized to 85% at -200 mesh. Gold was analyzed by fire-assay fusion of 30-gram aliquots with an atomic absorption spectrometry (AAS) finish. Samples that assayed greater than 10 g/t gold were re-assayed by 30-gram fire-assay fusion with a gravimetric finish. Silver and 33 major, minor and trace elements were determined by inductively-coupled plasma-emission spectrometry (ICPAES) following aqua-regia digest of 0.2-gram aliquots. Samples that assayed greater than 100 g/t silver were re-assayed by 30-gram fire-assay fusion with an AAS finish. Steven I. Weiss, PhD and AIPG CPG, Interim Vice-President of Exploration for Pacifica, is a Qualified Person for the purposes of National Instrument 43-101. Mr. Weiss has reviewed and approved the technical content in this news release.About Pacifica Silver Corp.Pacifica Silver Corp. is a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its 100% owned Claudia Silver-Gold Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated intermittently during the 20th century. Since 1990, sampling and drilling within have returned high-grade silver and gold intercepts across multiple vein systems, with only 10% of over 30 km of known veins having been drilled. Today, the project is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries. Signed,
Todd Anthony
Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT: Todd Anthony
Phone: 778-999-2627
Email: info@pacificasilver.comNeither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities legislation as may be amended from time to time, including, without limitation, statements regarding the perceived merit of the Project, expected timeline for permitting additional drill sites, potential quantity and/or grade of minerals and the potential size of the mineralized zones. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding the price of gold and silver; the accuracy of mineral resource estimations; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained, including concession renewals and permitting; that political and legal developments will be consistent with current expectations; that currency and exchange rates will be consistent with current levels; and that there will be no significant disruptions affecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks related to uncertainties inherent in the preparation of mineral resource estimates, including but not limited to changes to the cost assumptions, variations in quantity of mineralized material, grade or recovery rates, changes to geotechnical or hydrogeological considerations, failure of plant, equipment or processes, changes to availability of power or the power rates, ability to maintain social license, changes to interest or tax rates, changes in project parameters, delays and costs inherent to consulting and accommodating rights of local communities, environmental risks, title risks, including concession renewal, commodity price and exchange rate fluctuations, risks relating to COVID-19, the ongoing war in the Ukraine, delays in or failure to receive access agreements or amended permits, risks inherent in the estimation of mineral resources; and risks associated with executing the Company's objectives and strategies, including costs and expenses, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, available on www.sedarplus.ca. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290954
Original: Pacifica Silver Provides Exploration Update at Claudia Silver-Gold Project; Grants Incentive Stock Options
CA Market News
3月前
Pacifica Silver Expands Phase II Drill Program at Claudia to 20,000 m; Appoints Dr. Steven I. Weiss as Interim VP ExplorationMarch 16, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 16, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") is pleased to announce the expansion of its Phase II drill program from 12,000 to 20,000 metres at the Claudia Silver-Gold Project, located in Durango, Mexico. The Company also announces the appointment of Steven I. Weiss, PhD, CPG, as Interim Vice President of Exploration, and a change in auditors to Davidson & Co.Phase II Drill Program UpdateFollowing the successful closing of Pacifica's $23 million financing on January 23, 2026, and the receipt of new permits on February 11, 2026, for up to 153 additional drill sites, the Company has expanded its Phase II drill program by 67% from 12,000 to 20,000 metres. The expanded program is designed to continue expanding known zones of high-grade silver-gold mineralization at the Aguilareña vein, follow up on the recent high-grade discovery at the Justina vein (see news from February 9, 2026), and aggressively drill test the southern extension of the project at the high-priority Mina Vieja and Mina de Oro targets.From the commencement of the program on January 15 to March 14, a total of approximately 6,452 metres across 25 holes has been drilled (or are in progress) using three drill rigs (see Figure 1 for locations). This includes 354 metres in three Phase I holes that were deepened during Phase II. Numerous assays are pending and will be released in the coming weeks and months. The Phase II drill program is expected to conclude in June 2026.Figure 1 - Phase II Program Holes Drilled as of March 14, 2026To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10814/288609_3489dba50492ea58_001full.jpgAppointment of Interim VP of ExplorationThe Company is pleased to announce the appointment of Dr. Steven I. Weiss, PhD, CPG, as Interim Vice President of Exploration, effective immediately, as part of an ongoing leadership transition designed to support the Company's next stage of growth and discovery. Octavio Lizardi, previously Vice President of Exploration, will continue contributing his deep expertise in epithermal vein systems as Pacifica's Senior Structural Geologist-ensuring continuity of technical leadership while allowing focused specialization on the Company's high-potential vein targets.Dr. Weiss brings over 45 years of proven success in minerals exploration, including senior roles driving resource expansion in Mexico, to guide the Pacifica team through this exciting growth stage. Since he began working in Mexico in 2003, Dr. Weiss has delivered significant resource expansions at major projects:Joined Glamis Gold to lead exploration at the El Sauzal gold mine (1.7 Moz gold produced) and across the Sierra Madre Occidental.Continued with Goldcorp after its 2006 acquisition of Glamis, where he built and led the team at the Camino Rojo gold-silver deposit, establishing an initial 1.6 Moz gold in reserves and more than doubling the gold resource from 3.4 Moz to 7.5 Moz.Served as Mexico Exploration Manager until departing Goldcorp in 2013.His specialized expertise in epithermal precious-metal deposits (geologic, geochemical and mineralogical characteristics), with significant success in Mexico's gold-silver systems, will be instrumental in advancing Pacifica's exploration objectives and unlocking value for shareholders.Change of Auditors to Davidson & Co.The Company is also pleased to announce the appointment of Davidson & Company LLP ("Davidson") as its new auditor effective as of March 16, 2026. Davidson replaces Mao & Ying LLP (the "Former Auditor") as the Company's auditor. The change in auditor was approved by the Company's Audit Committee and Board of Directors. There was no modified opinion expressed in the Former Auditor's report on any of the Company's financial statements relating to the period commencing at the beginning of the Company's two most recently completed financial years and ending on the date of resignation of the Former Auditors. There have been no "reportable events" within the meaning assigned under subsection 4.11(1) of National Instrument 51-102 Continuous Disclosure Obligations.About Pacifica Silver Corp.Pacifica Silver Corp. is a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its 100% owned Claudia Silver-Gold Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated intermittently during the 20th century. Since 1990, sampling and drilling within have returned high-grade silver and gold intercepts across multiple vein systems, with only 10% of over 30 kilometres of known veins having been drilled. Today, the property is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries. FOR FURTHER INFORMATION, PLEASE CONTACT:
Todd Anthony
Phone: 778-999-2627
Email: info@pacificasilver.comNeither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain 'forward-looking information' and 'forward-looking statements' within the meaning of Canadian securities legislation, including statements regarding the perceived merit of the Project, potential quantity and/or grade of minerals, and the potential size of the mineralized zone. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. These risks include, but are not limited to, risks related to uncertainties inherent in the preparation of mineral resource estimates, changes to geotechnical or hydrogeological considerations, and risks associated with executing the Company's objectives and strategies.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288609
Original: Pacifica Silver Expands Phase II Drill Program at Claudia to 20,000 m; Appoints Dr. Steven I. Weiss as Interim VP Exploration
CA Market News
4月前
Pacifica Silver Makes New High-Grade Discovery at Claudia with 3.53 g/t Au and 460 g/t Ag over 2.10 m from Justina VeinFebruary 9, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica Silver" or the "Company") is pleased to announce assay results from 11 additional drill holes completed as part of its Phase I, 8,000-metre drill program at the 100% owned Claudia Silver-Gold Project ("Project") located in the historic El Papantón Mining District in Durango State, Mexico. Results include a new high-grade discovery in hole 25CLAUD59D, targeting the previously undrilled Justina vein 160 m down-dip from a surface rock chip sample assayed in October 2025 that returned 23.6 g/t Au and 77 g/t Ag. The Phase I drill program was completed at the end of December 2025 with a total of 30 holes drilled, and assay results from the first 10 holes were announced on December 15, 2025. Assays from the final nine holes are expected to be reported in the coming weeks. Drill HighlightsHole 25CLAU059D intersected 2.10 m of 3.53 g/t Au and 460 g/t Ag (219.00 - 221.10 m), including 0.80 m of 9.01 g/t Au and 1,175 g/t Ag, marking a new discovery at the previously undrilled Justina vein, a north-south structure located approximately 1.5 km southeast of the Aguilareña shaft and mapped over 1,000 m (see Figure 1).Hole 25CLAU064D intersected 6.00 m of 1.51 g/t Au and 68 g/t Ag (21.00-27.00 m), at the Aguilareña vein, including 1.65 m of 3.34 g/t Au and 211 g/t Ag.Hole 25CLAU047D intersected 4.85 m of 1.09 g/t Au and 25 g/t Ag (107.50-112.35 m), at the Aguilareña vein, including 0.85 m of 3.64 g/t Au and 74 g/t Ag."The discovery of high-grade mineralization at the previously undrilled Justina vein marks a major success in our inaugural drill program at the Claudia Project," stated Todd Anthony, Chief Executive Officer of Pacifica Silver. "Hole 25CLAU059D, with 9.01 g/t Au and 1,175 g/t Ag over 0.80 m, demonstrated the Justina vein extends down dip for at least 160 m within a 500-m area that previously returned significant gold and silver assays from surface channel and rock chip samples in late 2025, thereby confirming the presence of a high-grade system at depth. Over the coming months, we plan to systematically follow up this discovery with step-out drilling to evaluate the lateral continuity of this promising structure. We also plan to explore additional high-priority targets in the southern zone, including areas near the highly prospective Mina Vieja area."Discussion of Drill Results Silver and gold assay results for the 11 holes are summarized in Table 1. Results are reported for holes corresponding to the project areas outlined below (Figure 1 - blue labels).Central and Justina veins: Holes 055D, 059D, and 060D.Aguilareña - Tres Reyes and West veins: Holes 047D, 048D, 049D, 061D, 063D, and 064D.Guadalupana vein: Holes 056D and 058D.The Company expects to announce assay results from the remaining nine holes from 2025 drilling in the northern portion of the Project in the weeks ahead (Figure 1 - black labels).Figure 1 - Map Showing Locations of Drill Holes Reported in this Press ReleaseTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10814/283159_8390d1d7f4866a15_001full.jpgTable 1 - Significant Assay Results from Phase I Drill Program at Claudia ProjectTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10814/283159_8390d1d7f4866a15_002full.jpgComposites calculated with Au minimum of 0.15 g/t (0.100 g/t Au if Ag > 30 g/t) and no more than 1.0 m internal below minimum.
*True widths are estimated to average 75% of the reported drilled intervals (the majority range from 76% to 96%).**Silver equivalent grade (AgEq) is calculated based on the following formula: AgEq (g/t) = Ag (g/t) + [Au (g/t) x (Au price / Ag price) x (Au recovery / Ag recovery)]. Metal prices for silver and gold are assumed to be US $30/oz and US $2,500/oz, respectively. At this stage, insufficient metallurgical test work has been completed to determine recoveries for silver and gold at the Claudia property. Accordingly, recoveries of 93% for silver and 96% for gold were applied, based on the 5-year historical average production data reported from First Majestic Silver Corp.'s San Dimas mine. These values are considered reasonable proxies for anticipated recoveries at Claudia due to similarities in deposit style and the relative proximity of the two properties.Results for Central and Justina Vein AreasHoles 25CLAU055D, 25CLAU059D and 25CLAU060D were drilled to (1) extend the Central vein; (2) test the high-priority Justina vein; and (3) investigate the subsurface location of the Pinolera trend, respectively. 1) At the Central vein, hole 25CLAU055D intersected 1.45 m of 0.73 g/t Au and 53 g/t Ag, including 0.60 m of 1.39 g/t Au and 81 g/t Ag from 116.85 m. This hole confirmed the Central vein extends at least 50 m down-dip from the intercept in historical hole 21CLAU031D, which returned 6.05 m at an average of 1.27 g/t Au and 90 g/t Ag from 62.1 m.2) At the Justina vein, hole 25CLAU059D successfully intersected a high-grade interval of 9.01 g/t Au and 1,175 g/t Ag over 0.80 m from 219.0 m downhole (Table 1), within a broader 2.10 m zone of vein and stockwork averaging 3.53 g/t Au and 460 g/t Ag from 219.0 to 221.1 m. This discovery hole confirms that the vein extends down-dip at least 160 m from surface with strong silver and gold mineralization beneath areas of high-grade surface rock sampling (Figure 1). It also provides important information on the subsurface vein dip and orientation. The Justina vein and this intercept remain open to the south, where the vein crops out continuously for more than 1 km from the collar location of hole 25CLAU059D (Figure 1).3) The Pinolera trend (Figure 1) is a N70W-striking, up-to-40-m-wide zone of subparallel veins - mostly only a few centimetres wide individually at surface - that crosses both the Central and Justina veins. Hole 25CLAU060D was drilled to investigate the subsurface location of these subparallel veins and intersected a broad zone of low-grade stockwork and spaced narrow veins in the hanging wall of the Central vein, returning 14.15 m averaging 0.58 g/t Au and 24 g/t Ag, including 2.15 m of 1.62 g/t Au and 90 g/t Ag from 114.45 m. Most importantly, this hole also intersected and extended the Central vein approximately 150 m south of previously reported hole 25CLAU042, with 3.15 m averaging 0.85 g/t Au and 43 g/t Ag from 92.4 m. Hole 25CLAU060D is not believed to have reached the core of the Pinolera trend, and therefore did not test the potentially more favourable zone where the Pinolera trend intersects or merges with the Central vein.The Company plans to follow up the Justina vein discovery with step-out drilling to evaluate the lateral continuity and grade distribution of the vein as part of its ongoing Phase II, 12,000-m drill program. Additional drilling will target:the Central vein at its projected intersection with the Pinolera trend; andthe 350 ms of untested strike length along the Central vein north of hole 25CLAU055D.Aguilareña-Tres Reyes and West Vein AreasHoles 25CLAUD047D, 25CLAU048D, 25CLAUD049D, 25CLAUD061D, 26CLAU063D and 25CLAUD064D were focused on delineating and expanding silver and gold mineralization along the Aguilareña-Tres Reyes vein where the bulk of historical exploration and artisanal mining was focused, including the area of a historical resource estimate by Compania Minera Bacis in the early 1990s. Hole 25CLAUD047D was drilled as a 380-m step out to the south, and about 50 m down dip, from the collar of hole 25CLAU041D, and 110 m south of and 50 m down dip from historical hole SCL07-08. It returned a significant interval of 4.85 m averaging 1.09 g/t Au and 25 g/t Ag, including 0.85 m of 3.63 g/t Au and 74 g/t Ag from 107.50 m (Table 1), confirming the Aguilareña vein is present in the gap between the Aguilareña and Tres Reyes workings. Holes 25CLAU048D and 25CLAU049D, located near the southern end of the historical Aguilareña workings, successfully tested shallow portions of the Aguilareña vein within the 110-m undrilled gap south of previously reported hole 25CLAU041D (Figure 1). Hole 25CLAU048D intersected the vein over 6.35 m (from 36.4 m to 42.75 m), with the best interval returning 1.0 m grading 0.38 g/t Au and 36.7 g/t Ag. Hole 25CLAU049D intersected the vein and an adjacent footwall zone of narrow veins and stockwork, returning 10.65 m averaging 0.45 g/t Au and 19 g/t Ag from 67.85 m, including 1.20 m @ 1.28 g/t Au and 49 g/t Ag from 67.85 m (Table 1). These holes confirm the continuity of the Aguilareña vein in the previously untested gap and provide important information on shallow vein structure and alteration. The vein remains open down-dip, particularly at deeper levels where higher-grade mineralization was previously reported in news on December 15, 2025. These results support further drilling to target higher-grade zones along the down-dip extension.Vertical holes 25CLAU061D and 25CLAU063D were drilled 190 and 340 m, respectively, southeast of the Tres Reyes historical workings and successfully demonstrated major down-dip extensions of the Aguilareña-Tres Reyes vein below historical holes 21CLAU034D and 21CLAU035D. Hole 25CLAU061D intersected a previously unrecognized hanging wall vein of 1.4 m width, containing 0.45 m of 1.88 g/t Au and 200 g/t Ag (Table 1) before intersecting the Aguilareña-Tres Reyes vein from 236.55 to 241.2 m (4.65 m drilled width). At this location, the vein included a maximum grade sample of 0.63 g/t Au and 43.6 g/t Ag. Hole 25CLAU063D intersected narrow veins and stockwork interpreted as the westernmost part of the Pinolera trend that included 2.0 m of 1.42 g/t Au and 41 g/t Ag from 16.85 m (Table 1), within a broader 5.95-m interval that averaged 0.71 g/t Au and 22 g/t Ag from 16.85 to 22.8 m. The Aguilareña-Tres Reyes vein was intersected at 246.1 to 247.7 m (1.6 m drilled thickness) and returned a maximum assay of 1.04 g/t Au and 22 g/t Ag from 246.1 to 246.55 m.Hole 25CLAUD064D was drilled to test the down dip extent of a zone of northeast-striking narrow veins that crop out discontinuously between the Aguilareña and West veins (Figure 1). After passing through approximately 2 to 3 m of void/old working within the Aguilareña vein, the hole returned 6.0 m averaging 1.51 g/t Au and 68 g/t Ag from 21.0 m, including 1.65 m at a grade of 3.34 g/t Au and 211 g/t Ag (Table 1). It does not appear that the hole reached the down dip projection of the West vein, which at surface is nearly vertical. Guadalupana Vein AreaHole 25CLAU056D was drilled as a 370 m step-out south of historical hole 21CLAU036D. It intersected one of the principal splays of the Guadalupana vein over approximately 3 m from 155.55 to 158.6 m. The vein was strongly brecciated by a post-mineral fault, resulting in poor core recovery. This interval returned maximum values of 0.12 g/t Au and 6.3 g/t Ag.Hole 25CLAU058D targeted the down-dip extension of the Guadalupana vein, positioned approximately midway in the 800 m gap between the two southernmost historical holes (Figure 1). A previously unrecognized, finely banded quartz vein was intersected from 82.35 to 86.90 m (4.55 m) averaging 0.74 g/t Au and 36 g/t Ag, including a higher-grade subinterval of 0.90 m at 1.31 g/t Au and 32 g/t Ag (Table 1). The main Guadalupana vein was then intersected over 1.55 m from 225.85 to 227.4 m but returned no significant mineralization. In the hanging wall, a 12.45 m zone of spaced narrow veins and stockwork (from 213.4 to 225.8 m) averaged 0.32 g/t Au and 6 g/t Ag. Although no high-grade mineralization was encountered in holes 25CLAU056D or 25CLAU058D, these large step-out and reconnaissance holes successfully extended the known strike and down-dip continuity of the Guadalupana vein system. Vein textures and mineralogy indicate that the drilled intersections represent a relatively high level within the paleo-hydrothermal system, warranting additional follow-up drilling.Quality Assurance/Quality Control The 2025 drill samples were collected from HQ-diameter core and were logged and sampled at the Pacifica Silver gated and enclosed facility in Santiago Papasquiaro, Durango. Sample lengths varied from 0.25 to 6.5 m, with a median length of 0.85 m. Pacifica Silver geologists marked the core lengthwise to best divide the core into halves, perpendicular to veins, mineralized fractures and vein-breccia. Sample intervals were cut in half lengthwise and one-half of each sample was placed into pre-numbered plastic sample bags with numbered sample tickets and closed with ties. The closed sample bags were placed into numbered shipping sacks along with numbered bags of coarse preparation blanks and certified reference material (CRMs or "standards") inserted with each hole for quality control/quality assurance purposes. Samples reported in this news release were transported by commercial package delivery to the ALS Minerals (ALS) laboratory in Hermosillo, Sonora, Mexico. At the ALS laboratory, the samples were crushed in their entirety to 70% passing 2 mm, and riffle split to 1-kg subsamples which were pulverized to 85% at 75 µm. ALS then shipped 200 g splits of the pulverized material by air freight to the ALS assay laboratory in North Vancouver, Canada, for analysis. Gold was analyzed by 30 g fire-assay fusion with an Atomic Adsorption (AA) finish (method code Au AA23); samples with >10 g/t Au were re-assayed by fire-assay fusion and gravimetric finish. Silver plus 34 major, minor and trace elements were analyzed by ICP AES following 4-acid digestion of 0.5 g aliquots (method code MEICP-61). Samples that assayed greater than 100 g/t Ag were re-analyzed by ICP AES following a 4-acid digestion (method code Ag OG62). ALS holds accreditation under ISO/IEC 17025:2017 for specific analytical procedures and is independent of Pacifica Silver.Digital Marketing Service AgreementsThe Company further reports that, on January 26, 2026, it entered into a six-month digital marketing agreement with Machai Capital Inc. ("Machai"), a Vancouver-based firm specializing in marketing and public awareness for the natural resources, technology, and special situation sectors. Under the agreement, Machai will implement a comprehensive digital marketing campaign commencing in February 2026, encompassing branding, content creation, search engine optimization, search engine marketing, lead generation, social media, email marketing and brand awareness initiatives. The total cost of the campaign is C$250,000 plus applicable GST, to be funded from the Company's existing working capital. Machai is at arm's length to the Company and has no direct or indirect interest in Pacifica Silver Corp., nor any current right or intention to acquire such an interest.In addition, the Company has engaged GRA Enterprises LLC, operating as National Inflation Association ("NIA"), to provide investor relations services (the "Services") for an initial six-month term, with an option for Pacifica to extend the agreement for an additional six months. The total fee for the initial six-month period is US$50,000. The services include increasing awareness of Pacifica's activities through NIA's Inflation.us social media channels and facilitating outreach and engagement with the financial community, current shareholders, prospective investors and other key stakeholders. NIA and its affiliates currently hold no shares in Pacifica Silver Corp. NIA may, however, purchase or sell Company securities in the open market or through other means based on market conditions and other factors. NIA is at arm's length to the Company and has no other relationship beyond this agreement. The engagement is subject to approval by the Canadian Securities Exchange (CSE).Qualified PersonPatrick Loury, AIPG CPG, Exploration Technical Advisor for Pacifica Silver, is a Qualified Person for the purposes of National Instrument 43-101 and has reviewed and approved the technical content in this news release.About Pacifica Silver Corp.Pacifica Silver Corp. a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its 100% owned Claudia Silver-Gold Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated intermittently during the 20th century. Since 1990, sampling and drilling within have returned high-grade silver and gold intercepts across multiple vein systems, with only 10% of over 30 kilometres of known veins having been drilled. Today, the project is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries. Signed,
Todd Anthony
Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT: Todd Anthony
Phone:778-999-2627
Email: info@pacificasilver.comNeither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities legislation as may be amended from time to time, including, without limitation, statements regarding the perceived merit of the Project, expected timeline for permitting additional drill sites, potential quantity and/or grade of minerals and the potential size of the mineralized zones. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding the price of gold and silver; the accuracy of mineral resource estimations; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained, including concession renewals and permitting; that political and legal developments will be consistent with current expectations; that currency and exchange rates will be consistent with current levels; and that there will be no significant disruptions affecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks related to uncertainties inherent in the preparation of mineral resource estimates, including but not limited to changes to the cost assumptions, variations in quantity of mineralized material, grade or recovery rates, changes to geotechnical or hydrogeological considerations, failure of plant, equipment or processes, changes to availability of power or the power rates, ability to maintain social license, changes to interest or tax rates, changes in project parameters, delays and costs inherent to consulting and accommodating rights of local communities, environmental risks, title risks, including concession renewal, commodity price and exchange rate fluctuations, risks relating to COVID-19, the ongoing war in the Ukraine, delays in or failure to receive access agreements or amended permits, risks inherent in the estimation of mineral resources; and risks associated with executing the Company's objectives and strategies, including costs and expenses, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, available on www.sedarplus.ca. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283159
Original: Pacifica Silver Makes New High-Grade Discovery at Claudia with 3.53 g/t Au and 460 g/t Ag over 2.10 m from Justina Vein
Oleblue
8月前
Pacifica Silver Outlines Fall 2025 Exploration Program at the Claudia Silver-Gold Project
Newsfile
September 9, 2025
Vancouver, British Columbia—(Newsfile Corp. - September 9, 2025) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") is pleased to release details of its upcoming Fall 2025 exploration program at the Company's wholly owned Claudia Silver-Gold Project ("Project") located in Durango, Mexico. The exploration program will include an initial 8,000-metre Phase I drill campaign, to commence at the end of September, along with a property-wide exploration program consisting of surface sampling, geological mapping and a 27-line km Induced Polarization (IP) and resistivity geophysical survey.
"Pacifica Silver is poised to embark on one of the most significant exploration efforts in the Claudia Project's history," stated Todd Anthony, Chief Executive Officer of Pacifica. "Drilling in 2007 and 2021 by previous operators confirmed high-grade silver-gold mineralization near historical mine workings over approximately 2 km of strike along the Aguilareña vein, part of the adjacent Guadalupana vein, and the Veta Central vein. Our upcoming Phase I drill program aims to expand upon these zones of known high-grade mineralization and test previously undrilled, high-priority targets. Concurrently, our team will conduct boots-on-the-ground geological work to enhance our understanding of the Project's geologic model and identify new targets for future drill programs."
Overview
The Claudia Project, which covers the historical El Papantón mining district in Durango, Mexico, features high-grade silver and gold mineralization within quartz-adularia veins and breccias, hosted along multiple northwest-striking structures that form an extensive 11 km-long horsetail structural complex. Among these structures are four known principal veins and numerous vein offshoots, with the majority of past exploration being focused on portions of the Aguilareña and Guadalupana veins, where a previous operator defined a historical resource in the early 1990s.
To date, approximately 10% of more than 30 kilometres in strike length of known veins have been tested by drilling. Surface mapping and trenching by prior operators, coupled with multiple small-scale historical mine workings, suggest strong potential for additional high-grade silver-gold discoveries along the Aguilareña-Tres Reyes, Guadalupana and Veta Central veins, and across at least 10 other untested structures in the vein array (see Figure 1). Additionally, large areas of the vein array have yet to be mapped and sampled.
Phase I Drill Program
The Company plans to initiate an 8,000-metre Phase I drill program at the end of September 2025 (see Figure 2 for locations of planned priority drill holes described below). The program aims to expand areas of known high-grade silver-gold mineralization by:
(1) Stepping out from higher-grade intercepts encountered in 2021 drilling by a prior operator (Durango Gold) along portions of the Aguilareña, Guadalupana, and Veta Central veins; and
(2) Drill testing high-priority, previously undrilled targets at the Mark Twain, Veta West and VCE veins.
Figure 1 - Claudia Property Vein Map
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First, drilling is planned to step out from the best intercepts encountered from 2021 drilling carried out by Durango Gold (see yellow highlighted labels in Figure 2). These include Hole 21CLAU011D, which intersected 9.15 metres at an average of 688 g/t silver equivalent (AgEq calculated using an 80:1 silver-to-gold ratio), from 157.75 metres, including 3.15 metres of 1,352 g/t AgEq; and Hole 21CLAU34D, which intersected 4.15 metres of 554 g/t AgEq from 140.8 metres, including 0.55 metres of 1,955 g/t AgEq (see Table 1). Priority holes are also planned to potentially expand the fully open Veta Central mineralization discovered in 2021 with hole 21CLAU31D that returned 6.05 metres of 192 g/t AgEq from 62.1 metres, including 1.0 metre of 437 g/t AgEq.
Second, the Company plans to drill test high-priority, previously undrilled targets such as the silver-rich Mark Twain vein, known only from historical underground sampling conducted in the early 1990s. Two other targets, Veta West and the VCE structural intersection (see Figure 2), have been prioritized for drilling as both locations presented strongly anomalous silver-gold values in previous surface rock chip sampling. The portion of Veta West to be drilled in Phase I is near the intersection between the Aguilareña and Mark Twain veins, while the primary target at VCE is the intersection between a north-south striking vein and an east-west striking vein. These structural intersections are highly prospective for silver-gold mineralization.
The Company has engaged a skilled drilling contractor based in the city of Durango to carry out the drill program.
Figure 2 - Map of Priority Drill Hole Locations for Phase I Drill Program
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Property-wide Exploration
In tandem with the Phase I drill program, Pacifica's geological team and field personnel plan to undertake detailed geological mapping and systematic surface sampling to enhance the Company's understanding of the Project's mineralized system, of which only a small portion has been mapped and sampled by previous operators. Many of the Project's earlier-stage targets such as La Concepcion, Providencia, Mina de Oro/Mina Vieja include historical mine workings that have yet to be mapped and sampled.
This work aims to identify and delineate potentially many more vein outcrops, particularly within the northwest-striking horsetail structural complex, and to refine the structural and lithological controls on high-grade silver-gold mineralization. The Company believes there is strong potential to define new high-priority drill targets for upcoming drill programs.
Furthermore, the Company plans to conduct a 27-line-kilometer IP and resistivity survey during the fourth quarter of 2025, as no prior geophysical surveys are known to have been conducted at the Project. This initial survey aims to identify chargeability features related to mineralized veins on the Project and to potentially identify prospective veins that have not yet been sampled or drilled.
Table 1 - Summary of Selected 2021 Drill Results
SEE LINK FOR TABLE
Patrick Loury, AIPG CPG, exploration technical advisor for Pacifica Silver Corp., is a Qualified Person for the purposes of National Instrument 43-101 and has reviewed and approved the technical content in this news release.
2021 Drilling QA/QC
The 2021 drill samples were collected from HQ-diameter core and were logged and sampled at the Durango Gold (now Pacifica's) gated and enclosed facility in Santiago Papasquiaro, Durango. Sample lengths varied from 0.25 m to 3.90 m, but the vast majority were in the range of 0.90 m to 1.10 m. Durango Gold geologists marked the core lengthwise to best divide the core into halves, perpendicular to veins, mineralized fractures and vein-breccia. Sample intervals were cut in half lengthwise and one-half of each sample was placed into pre-numbered plastic sample bags with numbered sample tickets and closed with ties. The closed sample bags were placed into numbered shipping sacks along with numbered bags of coarse preparation blanks and certified reference material (CRMs or "standards") inserted for quality control/ quality assurance purposes.
All samples were transported to the ALS Minerals (ALS) laboratory in Zacatecas, Zacatecas State, Mexico by ALS personnel. At the ALS laboratory, the samples were crushed in their entirety to 70% passing 2 mm, and riffle split to a 1 kg subsample which was pulverized to 85% at 75 µm. ALS then shipped 200 g splits of the pulverized material by air freight to the ALS assay laboratories in North Vancouver, Canada, and in Vientiane, Laos, for analysis. Gold was analyzed by 30 g fire-assay fusion with an AA finish (method code Au AA23); samples with >10 g/t Au were re-assayed by fire-assay fusion and gravimetric finish. Silver was analyzed by ICP AES following 4-acid digestion of 0.5 g aliquots (method code Ag OG62). ALS holds accreditation under ISO/IEC 17025:2017 for specific analytical procedures and is independent of both Pacifica and Durango Gold.
About Pacifica Silver Corp.
Pacifica Silver Corp. is a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its 100% owned Claudia Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated throughout the 20th century. Since 1990, sampling and drilling within have returned high-grade silver and gold intercepts across multiple vein systems, with approximately 10% of over 30 kilometres of known veins having been drilled. Today, the project is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries.
The Company also holds an option to acquire a 100% interest in the Janampalla Property located in the Huancavalica Province of Central Perú. Pacifica is focused on continuing exploration work that has indicated widespread, high-grade copper-gold mineralization hosted within Manto style veins and disseminations.
Signed,
Todd Anthony
Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Todd Anthony
Phone: 778-999-2627
Email: info@pacificasilver.com
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities legislation as may be amended from time to time, including, without limitation, statements regarding the perceived merit of the Project, potential quantity and/or grade of minerals and the potential size of the mineralized zone. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding the price of gold and silver; the accuracy of mineral resource estimations; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained, including concession renewals and permitting; that political and legal developments will be consistent with current expectations; that currency and exchange rates will be consistent with current levels; and that there will be no significant disruptions affecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks related to uncertainties inherent in the preparation of mineral resource estimates, including but not limited to changes to the cost assumptions, variations in quantity of mineralized material, grade or recovery rates, changes to geotechnical or hydrogeological considerations, failure of plant, equipment or processes, changes to availability of power or the power rates, ability to maintain social license, changes to interest or tax rates, changes in project parameters, delays and costs inherent to consulting and accommodating rights of local communities, environmental risks, title risks, including concession renewal, commodity price and exchange rate fluctuations, risks relating to COVID-19, the ongoing war in the Ukraine, delays in or failure to receive access agreements or amended permits, risks inherent in the estimation of mineral resources; and risks associated with executing the Company's objectives and strategies, including costs and expenses, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, available on www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265607
https://finance.yahoo.com/news/pacifica-silver-outlines-fall-2025-113000612.html
Oleblue
8月前
Pacifica Silver Appoints Daniel Kunz as Chairman of the Board; Fernando Berdegué de Cima as President; and Octavio Lizardi as VP Exploration
Newsfile
September 4, 2025
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") is pleased to announce the appointments of Mr. Daniel Kunz as Chairman of the Board of Directors and Mr. Fernando Berdegué de Cima as President, effective immediately. In addition, the Company is pleased to announce the appointment of Mr. Octavio Lizardi as Vice President of Exploration, effective September 15, 2025.
"I am delighted to bolster Pacifica Silver's leadership with these key new appointments," stated Todd Anthony, Chief Executive Officer of Pacifica. "Mr. Kunz brings a wealth of global mining expertise, while Mr. Berdegué de Cima's forward-thinking, sustainability-focused leadership will greatly strengthen our commitment to responsible exploration and sustainable growth in Mexico. Furthermore, Mr. Lizardi's deep expertise in epithermal vein systems, combined with his extensive work experience at projects in proximity to our Claudia project, positions him perfectly to spearhead our exploration efforts."
Appointment of Chairman of the Board
As Chairman, Mr. Kunz will draw on his extensive experience in public company governance and the development and financing of global natural resource projects to provide leadership to the Board of Directors and ensure governance that aligns with the company's strategic objectives, fosters sustainable growth and upholds the highest standards of corporate responsibility.
From 2020 to 2024, Mr. Kunz served as President, Chief Executive Officer and Director of Prime Mining Corp., and led the development of the Los Reyes gold-silver project in Sinaloa State, Mexico. From 2002 to 2019, he was Lead Independent Director of Chesapeake Gold Corp., which is developing the advanced-stage Metates gold and silver project located in Durango State, Mexico. From 1997 to 2004, he served as Director, President and Chief Operating Officer of Ivanhoe Mines Ltd. and was part of the team that discovered Oyu Tolgoi in Mongolia, one of the largest copper-gold deposits in the world.
"I am thrilled at the opportunity to collaborate with the Pacifica Silver team to advance the Claudia silver-gold project, a highly promising exploration venture with exceptional qualities that rank it among the most compelling projects I've encountered," stated Mr. Kunz.
Appointment of President
In his role as President of Pacifica Silver, Mr. Berdegué de Cima will be responsible for operational leadership and stakeholder engagement in Mexico to advance the Company's exploration objectives, ensure compliance with local regulations and maximize resource development. Mr. Berdegué de Cima is a sustainability focused entrepreneur with over 15 years of experience in the natural resource industry developing creative mining solutions such as the exploration multidisciplinary approach for U.S. XIX C. historic districts (2017) and the Regenerative Mining Model (2023).
Most recently, he served as Chief Executive Officer of Durango Gold, the prior owner and operator of the Claudia Project. He also currently serves as a Strategic Advisor for Vizsla Silver, leading the development of regenerative mining initiatives.
"There are few mining districts in Mexico comparable to El Papantón that remain unexplored at scale with modern methodologies," stated Mr. Berdegué de Cima. "At its core, exploration is the pursuit of opportunity where others have not yet ventured, and this is precisely the approach Pacifica Silver has undertaken. Our team is committed to advancing this project with persistence and discipline, guided by the belief that major discovery is achieved through dedication and excellence. I am privileged to work alongside such a distinguished group of professionals and to contribute my expertise, creativity and focus on regenerative mining practices as we pursue sustainable growth. The next phase of drilling will mark an important step forward in this journey."
Appointment of VP Exploration
In the role of VP Exploration at Pacifica, Mr. Lizardi will be responsible for planning and directing all exploration activities at the Company's Claudia silver-gold project, including oversight of geological teams, managing budgets, ensuring compliance with regulations and contributing to the Company's overall strategic plan. Mr. Lizardi has over 20 years of experience in precious, base metals and rare earth elements exploration, specializing in epithermal, skarn and porphyry systems.
Prior to joining Pacifica, he was a Senior Structural Geologist at Newmont's Penasquito Mine in Mexico. Prior to Newmont, he was Technical Manager at Prodemin S.A. De C.V., an exploration consultancy firm, where he managed brownfields and greenfield exploration programs in both Mexico and the United States. Mr. Lizardi also served as Superintendent Geology and Exploration for Inversiones Mineras La Sorpresa, where he managed the exploration team that discovered the silver-gold deposit Elisa and Polvos de Oro, located adjacent to Fresnillo plc's La Cienega mine in Durango, Mexico. Mr. Lizardi earned his B.Sc. from the National Autonomous University of Mexico and a M.Sc. from the Complutense University of Madrid at Madrid.
"I am deeply honored and enthusiastic to join the esteemed team at Pacifica Silver," stated Mr. Lizardi. "The opportunity to lead exploration at the Claudia project is truly exceptional. The promising potential of the El Papantón mining district sets an optimistic stage for our upcoming drilling campaigns, and I am confident we will achieve our shared objectives."
Director Resignation
The Company also announces that Mr. Darien Lattanzi will be stepping down as a director to pursue other opportunities. The Company wishes to thank Mr. Lattanzi for his contributions since the Company's inception.
About Pacifica Silver Corp.
Pacifica Silver Corp. a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The Company is focused on its 100% owned Claudia Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated throughout the 20th century.
Since 1990, sampling and drilling within have returned high-grade silver and gold intercepts across multiple vein systems, with only 10% of over 30 kilometres of known veins having been drilled. Today, the project is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries.
The Company also holds an option to acquire a 100% interest in the Janampalla Property located in the Huancavalica Province of Central Perú. Pacifica is focused on continuing exploration work that has indicated widespread, high-grade copper-gold mineralization hosted within Manto style veins and disseminations.
Signed,
Todd Anthony
Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Todd Anthony
Phone:778-999-2627
Email: info@pacificasilver.com
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities legislation as may be amended from time to time, including, without limitation, statements regarding the perceived merit of the Project, use of proceeds of the Offering, potential quantity and/or grade of minerals and the potential size of the mineralized zone. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding the price of gold and silver; the accuracy of mineral resource estimations; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained, including concession renewals and permitting; that political and legal developments will be consistent with current expectations; that currency and exchange rates will be consistent with current levels; and that there will be no significant disruptions affecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks related to uncertainties inherent in the preparation of mineral resource estimates, including but not limited to changes to the cost assumptions, variations in quantity of mineralized material, grade or recovery rates, changes to geotechnical or hydrogeological considerations, failure of plant, equipment or processes, changes to availability of power or the power rates, ability to maintain social license, changes to interest or tax rates, changes in project parameters, delays and costs inherent to consulting and accommodating rights of local communities, environmental risks, title risks, including concession renewal, commodity price and exchange rate fluctuations, risks relating to COVID-19, the ongoing war in the Ukraine, delays in or failure to receive access agreements or amended permits, risks inherent in the estimation of mineral resources; and risks associated with executing the Company's objectives and strategies, including costs and expenses, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, available on www.sedarplus.ca. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265080
https://finance.yahoo.com/news/pacifica-silver-appoints-daniel-kunz-130000733.html