Zacatecas Silver Stock Price, News & Analysis

Zacatecas Silver Corp. (ZCTSF) announces the initiation of drill permitting for the El Cristo vein system at its Zacatecas Property, following a comprehensive modelling of assay data. The El Cristo vein system, an extension of the Veta Grande vein system, is noted for its historical production of 200 Moz AgEq. The company plans a 2,500-meter diamond drill program to further investigate this promising site. Recent drilling indicates mineralization in 22 out of 28 holes, with significant intercepts at shallow depths. Additionally, Zacatecas Silver is organizing a private placement financing to raise $3.5 million to support exploration and feasibility studies across its projects. The projected offering will consist of 7,777,778 units priced at $0.45 each. Proceeds will facilitate ongoing studies at the Esperanza Gold Project and advance exploration at El Cristo.

Zacatecas Silver Corp. announced new exploration plans for its Esperanza Gold Project, focusing on a deep mineralized intrusion and several near-surface targets. Recent reviews indicate that gold and silver are sourced from a deeper intrusion. Key drilling results include: 9 m @ 2.04 g/t Au and 106 g/t Ag in hole 11-219, 30 m @ 2.56 g/t Au in hole 11-214, and further promising results in hole 11-213. The company will conduct geophysical studies and a focused geochemical sampling program to identify viable target types, enhancing the potential for gold and silver discoveries. The exploration initiative follows a strategic alliance with the Tetlama Community.

Zacatecas Silver Corp. (ZCTSF) announced a strategic alliance with the Tetlama community for the development of the Esperanza Gold Project in Morelos, Mexico. This partnership aims to enhance economic opportunities, job creation, and tax revenue for the local community. The collaboration follows extensive consultations and seeks to benefit all stakeholders, focusing on key areas like education, health, and environmental initiatives. The project is part of a broader commitment to community relations and adheres to ESG standards. A Pre-Feasibility Study has begun to evaluate the project's economic viability.

Zacatecas Silver Corp. has filed a NI 43-101 technical report for its Esperanza Gold Project in Mexico. The report supports a Mineral Resource Estimate (MRE) comprising a pit-constrained measured and indicated resource of 30.3 million tonnes at 0.97 g/t AuEq, totaling 941,000 ounces AuEq. Inferred resources include 8.3 million tonnes at 0.93 g/t AuEq, amounting to 248,000 ounces AuEq. The MRE highlights the project's potential but notes that mineral resources do not guarantee economic viability, and factors like environmental regulations could impact results.

Zacatecas Silver Corp. (TSXV: ZAC, OTC: ZCTSF) provided an overview of its progress in 2022 across its gold and silver projects in Mexico. Key highlights include the completion of a high-grade Mineral Resource Estimate (MRE) for the Esperanza Gold Project with 956k ounces AuEq and a Pre-Feasibility Study underway. At the Zacatecas Silver Project, significant high-grade silver intercepts were reported, particularly from Panuco North and El Cristo areas. The company raised $19.15 million for project development, welcoming two new board members to further its strategic goals.

Zacatecas Silver Corp. (TSX: ZAC, OTC: ZCTSF) has announced an initial Mineral Resource Estimate (MRE) for its Esperanza Gold Project, revealing a total of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq, and 8.7 million tonnes at 0.98 g/t AuEq for 276 thousand ounces AuEq. The MRE indicates a high-grade oxide gold deposit with significant exploration potential. A Pre-Feasibility Study is currently underway, aiming to establish a high margin, low-cost operation. The resource estimate was prepared by P&E Mining Consultants Inc.

Zacatecas Silver Corp. (OTC: ZCTSF) announced promising results from its phase one diamond drilling at the El Cristo vein system, revealing significant silver-base metal mineralization across 22 of 28 drilled holes. Highlights include:

• High-grade intercepts, such as 9.00 m @ 158 g/t Ag Eq and 0.82 m @ 592 g/t Ag Eq.
• The mineralization is interpreted as the western extension of the Veta Grande vein system.
• 28 diamond drill holes covered 2,815 meters.

The company aims to leverage this data for further exploration and resource estimation at its Esperanza Gold Project.