Argenta Silver launches El Quevar exploration program, Argentina
Argenta Silver Corp. [TSXV: AGAG] reported the start of its 2025 exploration program at the El Quevar Project, located in Salta Province, Argentina. The program marks a pivotal step in advancing the Quevar South area, where the current Mineral Resource is located.
Highlights: Preparatory Work Completed: Roads, camp, and infrastructure fully rehabilitated and ready to support the 2025 exploration program; a highly skilled team has been assembled.
Exploration Program Commencement: A 2-phase exploration program at El Quevar is underway. Phase 1 focuses on surface exploration, detailed mapping, data validation, re-logging, and advanced studies. Phase 2 will target high-priority areas for drilling.
Inauguration Ceremony: A sacred ritual led by spiritual leaders marked the program’s inauguration, showcasing Argenta’s respect for local traditions and commitment to community engagement.
Focused on Growth: Argenta remains dedicated to delivering shareholder value by advancing El Quevar and actively pursuing high-potential silver assets in Latin America.
Preparatory work for the program has been completed, including the rehabilitation of roads previously obstructed due to lack of maintenance. The camp has been fully reconditioned and prepared to support the program. Key facilities, such as fire safety systems, kitchen and nursery facilities, high-speed satellite internet, and core-logging areas, have been repaired, upgraded, or renewed as necessary, ensuring a functional and reliable operational base for the planned activities.
The 2025 exploration program at Quevar South is structured into two phases. Phase 1, which commenced January 3, 2025, focuses on detailed surface sampling, specialized mapping, and the validation of historical logging information. This phase includes re-logging at least a quarter of all the metres of historical drilling, modernization of the geological database, and unification of coding systems for lithologies, structural data, mineralization, geochemistry, and mineralogy.
Additionally, cutting-edge studies of alteration minerals using TerraSpec and Halo technologies are planned, and particular attention on relogging existing drill core from an oxide zone will be given due to its potential economic interest. The primary objective of Phase 1 is to achieve a refined geological understanding through reinterpretation and remodeling of historical and new data.
Phase 2 will involve drilling the targets identified during Phase 1. This phase aims to enhance the value of the existing Mineral Resource by focusing on areas of high potential identified through the updated geological understanding. Phase 2 is anticipated to commence during Q2 2025, contingent on the results obtained during Phase 1.
“All of our effort and commitment in Argentina is focused on unlocking the significant potential of the El Quevar project,” stated Joaquin Marias, Vice President of Exploration and Development at Argenta Silver Corp. “We are proud to embark on this journey with a highly skilled team and a clear focus on delivering growth and value.”
The El Quevar Project hosts an Indicated Resource of 45.3 million ounces of silver at an impressive grade of 482 g/t Ag and an Inferred Resource of 4.1 million ounces of silver grading 417 g/t Ag, ranking it among the top three undeveloped silver deposits in Argentina. Originally explored extensively between 2008 and 2013 by its previous owner, the project has since seen only limited and sporadic exploration activities.
Joaquin Marias commented, “In less than 60 days since acquiring the project and resuming trading, we have put together an experienced team, rehabilitated the camp and roads, established strong relationships with the local community and government, and secured all necessary services to commence exploration. The launch of this program highlights our systematic and disciplined approach to exploration, leveraging the latest tools and methodologies to unlock value and drive growth as we step into 2025.”