Welcome to our dedicated page for Aftermath Silver news (Ticker: AAGFF), a resource for investors and traders seeking the latest updates and insights on Aftermath Silver stock.
Aftermath Silver Ltd. reports on exploration and development work for silver and critical-metals projects in Peru and Chile. The company’s recurring updates center on the 100%-owned Berenguela silver-copper-manganese project in the Department of Puno, including diamond drilling, assay results, mineral resource and technical reports, metallurgical and engineering work, and pre-feasibility study activity.
News also covers activity at the company’s Chilean silver-gold projects, including Challacollo and Cachinal, along with project acquisitions, financing-related disclosures, investor relations agreements, stock option awards, and changes in operational leadership tied to mine development and technical evaluation.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has reported significant results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit in Peru. Key highlights include high-grade silver intercepts, notably in Hole AFD130 which returned 1,174 g/t silver over 7.1m within a broader intersection of 35.55m grading 322 g/t silver, 0.58% copper, and 6.88% manganese from surface.
The drilling has successfully expanded known mineralization beyond the previous resource model in the central north area. The program included 82 holes totaling 5,200m, with results from 16 holes reported in this release. Core recovery in mineralized intersections averaged 96%. The project's strike length has been extended to at least 1,550m, with varying widths across different sections.
The Berenguela project, which Aftermath has an option to acquire for a final payment of US$3.5M to SSR Mining, is strategically located near infrastructure including road, rail, and power lines in Peru.Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has appointed Danny Keating as strategic advisor, bringing over 30 years of mining industry experience. Keating's recent work includes developing a High Purity Manganese project in Southern Africa, where he oversaw an EV battery demonstration plant construction and secured strategic investors.
Keating's expertise spans mining engineering, project development, and battery metals markets. His 15-year tenure as CEO includes leadership roles at Giyani Metals, Alufer Mining, Dynamic Mining, and Lindian Resources. As compensation, Keating will receive 400,000 incentive options at CAD$0.60 per share, exercisable over 5 years.
Additionally, the company reported the exercise of 1,692,000 warrants since February 12, 2025, generating proceeds of C$589,965. These funds will support geological, metallurgical, and engineering studies at the Berenguela Silver-Copper-Manganese project in southern Peru.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has reported significant drill results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit in Peru. The highlight is hole AFD100, which intersected 156m @ 290g/t Ag + 1.12% Cu + 7.3% Mn from surface, including exceptional silver grades of 14,252 g/t over 1.95m.
The drilling focused on the Eastern Zone, representing a step-out of 50m and 100m east of previous grid drilling. This zone shows higher copper content and is considered proximal to a potential intrusive porphyry-style source. The Phase 2 program has been expanded to 5,200m, with results reported for 9 holes.
Notable intersections include AFD101 with 61m @ 55g/t Ag + 1.02% Cu +4.87% Mn from 14.90m, followed by 55.6m @ 40g/t Ag + 1.03% Cu + 8.54% Mn from 96.40m. The Eastern Zone remains open at depth and is currently being drilled on a 150m eastwards step out section.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has been ranked #32 in the 2024 TSX Venture 50™ list, which recognizes top-performing companies on the TSXV. The company achieved a 63% increase in share price during 2024. Nearly two-thirds of the 2024 TSX Venture 50 companies are mining companies, with many focused on critical minerals and precious metals.
The company has an option to acquire 100% interest in the Berenguela Project through an agreement with SSR Mining. Located in Peru's Puno province, Berenguela hosts a potentially open-pittable silver-copper-manganese resource. The project is strategically positioned less than 6km from road, rail, and power lines. Aftermath published a resource estimate in March 2023 and is currently conducting metallurgical testing to produce silver, copper, and commercial-grade manganese products.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has released assay results from 23 holes of its Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit in Peru. Key highlights include:
- AFD071: 23.6m @ 319g/t Ag + 2.19% Cu + 17.43% Mn
- AFD109: 27.4m @ 187g/t Ag + 0.97% Cu + 5.13% Mn
- AFD111: 10.1m @ 273g/t Ag + 0.90% Cu + 4.11% Mn
The drilling program targeted two main areas: a north-south striking fault zone within the mineral resource and the east-central anticline area for resource infill. The weighted average core recovery in mineralized intersections was 92%. Additionally, the company reported that 1,314,000 warrants were exercised since January 2025, generating C$459,765 in proceeds for geological studies and working capital.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has announced results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese project in Peru. The company reported significant findings from 22 holes of a planned 60-hole program, with notable high-grade intersections including:
- AFD078: 9.1m @ 447g/t Ag + 1.85% Cu + 17.96% Mn from surface
- AFD082: 15.3m @ 439g/t Ag + 1.81% Cu + 4.2% Mn from 12.8m downhole
The drilling program aimed to convert Inferred Resources to Measured and Indicated categories, test geological structures, and extend mineralization westward and southward. The program achieved a weighted average core recovery of 92% in mineralized intersections. The results are expected to add new resources in previously undrilled areas, particularly highlighting high copper grades in the western drilling that confirm Berenguela's polymetallic nature.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has appointed Galiant Partners as advisors to support the development of its Berenguela project. Galiant Partners, founded in 2017 and based in London, specializes in metals and mining sector consulting with over US$100bn in executed assignments.
The Berenguela project, which Aftermath has an option to acquire 100% interest from SSR Mining, is undergoing a PEA study to evaluate its potential as a precious and energy transition minerals project. Located in Peru's Puno province, the project is strategically positioned near essential infrastructure and contains silver, copper, and manganese resources.
As part of the compensation, Aftermath has granted Galiant Partners 600,000 incentive stock options at CAD$0.495 per share, exercisable over 5 years. Additionally, 100,000 options were granted to a geological consultant at CAD$0.485 per share, and 550,000 Restricted Share Units were issued to a director and consultant, vesting over 3 years.
Aftermath Silver (AAGFF) has made an early US$2.9-million property payment to EMX Royalty Corp for its Berenguela silver-copper-manganese project in Peru, 5 months ahead of the May 2025 due date. This payment is part of the company's option to acquire 100% interest in the project through agreements with SSR Mining and EMX Royalty.
The remaining payments to EMX include US$3.25-million due in November 2026 and a sliding-scale NSR royalty on mineral production: 1.0% when silver prices are up to US$25 per ounce, increasing to 1.25% when silver exceeds US$25 per ounce and copper is above US$2 per pound.
The company is currently focusing on completing the Berenguela PEA and revising the mineral resource estimate, incorporating results from recent infill drilling.
Aftermath Silver has closed a $10 million non-brokered private placement with Eric Sprott. The placement consisted of 22,222,222 units at $0.45 per unit, with each unit including one common share and half a warrant. Each warrant allows purchase of one additional share at $0.70 within 36 months. The proceeds will fund studies at the Berenguela Silver-Copper-Manganese project in Peru and working capital.
Following the placement, Sprott's ownership increased to 25.0% of outstanding shares (non-diluted) and 30.0% on a partially diluted basis. The securities are subject to a hold period until March 29, 2025.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) announced the approval of all matters at its annual general meeting. Shareholders re-elected the board of directors and approved Davidson & Company LLP as auditor. A significant development includes the approval of 2176423 Ontario and Eric Sprott as new Control Persons. The company plans a private placement of 22,222,222 units at $0.45 per unit, totaling $10 million. Each unit includes one common share and half a warrant, exercisable at $0.70 for 36 months. The company also provided updates on its Berenguela Project in Peru, which hosts silver-copper-manganese resources near essential infrastructure.