Junior Miner Rises After Initial Drill Program Delivers Impressive Grades

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Monday, July 21, 2025

With silver prices hovering near record highs, a micro-cap mining company has energized its shareholders by releasing strong assay results, driving its share price higher on the news.

As mentioned, shares of Argenta Silver Corp. (TSX-Venture: AGAG) (OTCQB: AGAGF) are on the move higher as the company released the initial assay results from its 2025 winter diamond drilling program at the fully owned El Quevar Project in Salta Province, Argentina. The company’s first drill holes at the site have yielded strong, high-grade silver intercepts, while sampling of historic drill core has further confirmed the potential for expanding the resource. In addition, surface rock sampling from less explored areas of the property has returned several high-grade silver results, indicating the possibility of discovering new mineralized zones.

Key drill results include hole QVD-410, which intersected 533 g/t silver over 20.20 meters, including an impressive 3,549 g/t silver over 1.00 meter. Hole QVD-409 demonstrated strong continuity with 309 g/t silver across 26.00 meters, while QVD-408 extended the known high-grade zone 50 meters southeast. New assays from previously untested historic core returned up to 882 g/t silver over 1.00 meter, suggesting low-cost opportunities for resource growth. Notably, surface grab samples exceeded the lab’s detection limit of 20,000 g/t silver, with additional standout samples of 16,145 g/t and 6,004 g/t silver from the Quevar South area.

Joaquin Marias, CEO, President and Director of Argenta Silver Corp. commented on the assay results: "The wait is over. While silver spot prices are on the verge of new record highs, our first batch of results is here, a true statement of El Quevar's potential to deliver unparalleled results. Since the company's inception, our approach has been laser–focused on creating sustainable value for our stakeholders. With assays returning 533 g/t Ag over 20.20 m in a drill intercept, a surface rock-chip sample topping 20,000 g/t Ag and legacy core that has been sampled for the first time returning positive high-grade silver results, we've only just begun to unlock the true potential of this high–grade silver system. Expect more results from the ongoing exploration program."

Shares of AGAG are currently up 12.16% at $0.415 while U.S. listed shares (AGAGF) are up 11.2% at $0.3047 in early-afternoon trading.

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