Zacatecas Silver Stock Price, News & Analysis

Zacatecas Silver Corp. (OTC: ZCTSF) has appointed Jorge Ramiro Monroy as Advisor, effective immediately. Monroy brings extensive experience in the mining sector, having founded Emerging Markets Capital and played a pivotal role in the Mexican Chamber of Commerce in Hong Kong. Shareholders approved all motions during the Annual General Meeting on July 15, 2022, including the re-election of several directors and the appointment of Dr. Luis Chavez Martinez as a director. The meeting saw 27.4% of shares voted, with high support for key resolutions, indicating strong shareholder confidence.

Zacatecas Silver Corp. (ZCTSF) announced promising results from its maiden diamond drilling program at the El Cristo vein system. The initial assays reveal significant silver mineralization, with intervals of up to 9.53 meters showing 175 g/t Ag equivalent. Other assay highlights include 974 g/t Ag equivalent over 0.5 meters in hole CRI-2022-013. The drilling, targeting near-surface zones, identified multiple mineralized veins and has completed 28 holes so far, with assays pending for 15. The exploration continues to demonstrate the potential of the El Cristo system, linked to the historically productive Veta Grande vein.

Zacatecas Silver Corp. (TSXV: ZAC, OTC: ZCTSF) announced the engagement of Palaris Ltd. to lead a pre-feasibility study (PFS) for the Esperanza Gold Project in Mexico. The appointment aims to advance the project's development, crucial for defining its scope and submission of the MIA (Manifestación de Impacto Ambiental). Palaris will focus on project oversight, resource modeling, metallurgical testing, and economic analysis to ensure a best-in-class mining operation. The Esperanza Gold Project is part of Zacatecas Silver's extensive property in the prospective Fresnillo Silver Belt, Mexico.

Zacatecas Silver Corp. has initiated work plans for a current resource estimate at its advanced-stage Esperanza Gold Project in Mexico. The project has a historical resource totaling 34.35 million tonnes at 0.98 g/t gold and 8.09 g/t silver, which includes over 1 million ounces of gold and nearly 9 million ounces of silver. Key immediate actions involve extensive verification through sampling at least 10% of historical drill cores, new metallurgical test work by SGS Minerals, and the identification of expansion targets. The company plans to use this data to support a Pre-Feasibility Study.

Zacatecas Silver Corp. (OTC: ZCTSF) announced promising silver assay results from ongoing diamond drilling at Panuco North. Significant findings include 1.83m at 235 g/t Ag Eq from drill hole PAN2022-057, extending known mineralization by over 300 meters. The company has completed 63 drill holes totaling 7,240 meters, with results from 22 holes pending. The Panuco North Vein remains open for further exploration, with high-grade silver grades confirmed throughout the system, indicating strong future potential for the company.

Zacatecas Silver Corp. has nominated Dr. Luis Chavez-Martinez to its Board of Directors, expected to be finalized at the AGM on July 15, 2022. Dr. Chavez brings over 35 years of experience in the mining sector, currently serving as Senior VP at Alamos Gold. His significant roles include being the former President of the Mexican Mining Association and Director of the Mexican Geological Survey. The company anticipates that Dr. Chavez's expertise will aid in advancing the Esperanza Gold Project and assist exploration efforts at its Zacatecas silver project.

Zacatecas Silver Corp. (OTC: ZCTSF) announced the approval of 30 drill permits for the El Cristo Vein System in Mexico, allowing targeted exploration of a newly extended silver-rich vein system now measuring at least 4 km. This approval promotes ongoing drilling activities, with 2500 meters planned for the initial phase and assays pending from the Panuco North area. Historical data indicates promising silver grades in this area, marking it as a significant exploratory milestone for the company.

Zacatecas Silver Corp. has successfully completed the acquisition of the advanced stage Esperanza Gold Project in Mexico from Minas De Oro Nacional, a subsidiary of Alamos Gold. The transaction is valued at approximately US$60 million, with an initial payment of US$5 million in cash and approximately 12.14 million common shares. The Esperanza Gold Project holds a historic measured resource of 1,084,000 ounces of gold and 8,936,000 ounces of silver. Zacatecas aims to update resource estimates and conduct economic studies in 2022, leveraging a strong balance sheet supported by a recent $19.15 million private placement.

Zacatecas Silver Corp. (OTC: ZCTSF) has reported high-grade silver and gold assay results from its diamond drilling at Panuco North and Panuco Central Veins. The highlighted results from Hole PAN2022-042 include 1.25m at 1440 g/t AgEq, indicating significant mineralization close to the surface. The company notes that mineralization remains open at depth and along strike, enhancing exploration potential. Drilling continues, with additional results pending, and the recent drilling efforts have revealed robust silver grades, suggesting promising prospects for future resource estimates.