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. (AAGFF) generates a steady flow of news tied to its silver and critical metals projects in Peru and Chile. Company releases highlight exploration results, mineral resource updates, project acquisitions and corporate developments, giving investors insight into how this Canadian junior exploration company advances its portfolio.
A central theme in Aftermath’s news is the Berenguela silver-copper-manganese project in the Department of Puno in southern central Peru. Updates include drilling results, such as high-grade silver, copper and manganese intersections from Phase 2 diamond drilling, and the publication of new NI 43‑101 Mineral Resource Estimates prepared by independent consultants. The company also reports on key milestones in the acquisition of Berenguela, including early and final payments under agreements with SSR Mining Inc. and EMX Royalty Corporation and the subsequent completion of the acquisition, resulting in a 100% interest in the project.
News releases also cover the Challacollo silver-gold project in northern Chile, detailing planned and ongoing drilling programs aimed at expanding an existing NI 43‑101 resource and testing additional veins and targets. The Cachinal silver-gold project appears in portfolio summaries as another 100%-owned epithermal Ag-Au asset.
Beyond project work, Aftermath’s news flow includes financing-related items such as warrant exercises and option and RSU grants, as well as agreements with market makers and investor relations and media firms. These announcements outline how the company seeks to support liquidity in its shares and communicate its story to investors.
Investors following AAGFF news can use this page to review drilling updates, resource estimate changes, acquisition steps, corporate agreements and other disclosures the company makes through its official news releases.
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.
Aftermath Silver (TSXV: AAG) (OTCQB: AAGFF) has been added to the Solactive Global Silver Miners Total Return Index effective November 1, 2024. The company received Cdn$1,379,891 from the exercise of 4,854,566 warrants and currently holds Cdn$10.55m in cash and GICs. Aftermath plans a non-brokered private placement of up to 22,222,222 units at 45 cents per unit, targeting $10-million in proceeds. The company has an option to acquire 100% of the Berenguela silver-copper-manganese project in Peru, which is strategically located near infrastructure and contains metals important for clean energy and battery applications.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has reported high silver recoveries from metallurgical testwork at its Berenguela Silver-Copper-Manganese project in Peru. The results show 95% and 89% silver recovery for two composites tested, with cyanide consumption less than 1 kg per oz of silver recovered. The company has also demonstrated the potential to produce battery-grade manganese sulphate.
The basic flowsheet involves acid leaching followed by a standard cyanide leach plant for silver extraction. Aftermath is advancing to the next phase of metallurgical testwork, including preliminary process and sizing studies for plant design.
Additionally, the company announced the exercise of 6,535,487 warrants, generating C$1,795,453 in cash proceeds. Aftermath also clarified a previous disclosure regarding stock option grants, stating that 5,275,000 stock options were granted, not 5,025,000 as originally reported.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has initiated a 4,000m diamond drilling campaign at its Berenguela Ag-Cu-Mn project in Peru. The program aims to upgrade inferred resources, define mineralization, and explore high-grade copper areas. The company plans to update the resource inventory in 2025.
Additionally, Aftermath has granted 5,025,000 stock options at Cdn$0.35 per share and issued 2,350,000 restricted share units to directors, officers, and employees. The company also clarified the issuance of 470,204 finder's warrants and payment of $109,444.68 in commissions related to a previous private placement.
Berenguela is an open-pittable silver-copper-manganese resource in Peru, with potential applications in clean energy and battery industries. Aftermath has an option to acquire 100% interest in the project from SSR Mining.