Highlander Silver Showcases Key Development Milestones in Corani Photo Update
Rhea-AI Summary
Highlander Silver (TSX, NYSE American: HSLV) reported key site development milestones at its Corani Silver Project in Peru.
- Workforce now exceeds 300, with focus on local hiring
- Project led by industry veteran Carlos Ojeda
- Camp, facilities, earthworks, internal and external roads under construction
- Substation construction underway; transmission line and long-lead orders targeted for August
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- Workforce surpasses 300 team members with emphasis on local communities
- Project management led by Carlos Ojeda with over 25 years Peru open-pit mine experience
- Camp and facility construction, earthworks, and roadworks currently underway
- Substation construction in progress with transmission line work planned to start in August
- Long-lead-time equipment orders scheduled to be placed in August
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 26 | AGM results | Positive | +6.3% | All AGM resolutions approved, including director elections and auditor re‑appointment. |
| Jun 25 | Geophysical results | Positive | +4.5% | Comprehensive Corani geophysical program outlined new high‑priority targets and large system. |
| May 13 | Board appointment | Positive | +1.4% | Appointment of governance expert Poonam Puri as independent director to the Board. |
| Apr 07 | Project update | Positive | +1.7% | Drilling commenced at Corani with site works and staged feasibility update underway. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent Highlander Silver news has typically been followed by positive price reactions to operational, exploration and governance updates.
Regulatory & Risk Context
Reported short positioning appears relatively low, suggesting a limited setup for short‑squeeze dynamics but not eliminating the potential for event‑driven volatility.
Key Terms
open-pit mines technical
preliminary earthworks technical
transmission line technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
TORONTO, July 07, 2026 (GLOBE NEWSWIRE) -- Highlander Silver Corp. (TSX, NYSE American: HSLV) (“Highlander Silver” or the “Company”) is pleased to provide a photo update showcasing key milestones achieved in the site development of its Corani Silver Project in Peru.
Site Development – Key Milestones
- Workforce surpasses 300 team members, with emphasis on hiring from local communities
- Project management team led by Carlos Ojeda, Vice President & General Manager, with over 25 years of technical services experience in engineering, construction and operations at major open-pit mines in Peru, including Quellaveco, Antamina, and Constancia
- Camp and facility construction underway
- Preliminary earthworks for site infrastructure, pits and collection ponds underway
- Internal road rehabilitation and construction underway
- External access road construction underway
- Substation construction underway, with transmission line to commence in August
- Long-lead-time orders to be placed in August
Images
On behalf of Highlander Silver
“Daniel Earle”
President and CEO
Information contact
Arun Lamba, Vice President Corporate Development
alamba@highlandersilver.com
About Highlander Silver
Highlander Silver is a high-quality silver-growth company developing a portfolio of advanced-stage assets in Peru which includes the Corani silver project, the largest silver deposit in development globally, and the bonanza-grade San Luis gold-silver project, which ranks among the 10 highest-grade projects globally in both gold and silver categories.1 The Company also operates the Mercedes gold-silver mine in Mexico. Highlander Silver's major shareholders include the Augusta Group, Lundin family, and Eric Sprott.
Forward-looking statements
Certain information contained in this news release constitutes “forward-looking information” under Canadian securities legislation. This includes, but is not limited to, the transmission line to commence in August and long-lead-time orders to be placed in August. Such forward looking information or statements can be identified by the use of words such as “ramp up”, “attempting”, “intends”, “believes”, “plans”, “suggests”, “targets” or “prospects” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “will” be taken, occur, or be achieved. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties, the actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of precious and base metals, accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental or stock exchange approvals or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.
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1 S&P Global rankings including the Corani silver project and San Luis gold-silver project.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/e902252f-6a5e-406b-b825-05aab416988e
https://www.globenewswire.com/NewsRoom/AttachmentNg/2c9dfed5-fcee-4bdf-8d4d-108b63ffd811
https://www.globenewswire.com/NewsRoom/AttachmentNg/6b3b8afb-8284-417d-bdc1-69b6b3cc73a9
https://www.globenewswire.com/NewsRoom/AttachmentNg/bf998bca-3a3c-4ed2-9730-f3e8df85cd9d
https://www.globenewswire.com/NewsRoom/AttachmentNg/c82f9e99-e185-4f54-833b-d6c85d5aedbd
https://www.globenewswire.com/NewsRoom/AttachmentNg/eb75a761-2f15-4c38-a0d2-999104be651d
