Welcome to our dedicated page for Zacatecas Silver news (Ticker: ZCTSF), a resource for investors and traders seeking the latest updates and insights on Zacatecas Silver stock.
Zacatecas Silver Corp. explores and advances precious-metals projects in Mexico, with a portfolio centered on the Zacatecas Silver Project in Zacatecas State and the Esperanza Gold Project in Morelos State. Company news commonly covers diamond drilling plans, land and community access, SEMARNAT permitting steps, geological work, and updates tied to the El Cristo and Panuco vein systems within the Zacatecas Silver Project.
Recurring announcements also address mineral resource work, silver and gold exploration targets, private placement financing, investor relations arrangements, and portfolio optimization activity. Updates often connect field work and drill design to the company’s established NI 43-101 resource base and broader Mexican silver and gold exploration strategy.
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.
Zacatecas Silver Corp. (OTC: ZCTSF) announced promising assay results from diamond drilling at the Panuco North and Central veins. Key highlights include 1.25m at 1440 g/t AgEq (1423.2 g/t Ag and 0.23 g/t Au) in Hole PAN2022-042, with multiple other high-grade intersections. Drilling reveals considerable depth potential, with mineralization open in all directions. The company plans additional drilling to extend the current resource estimate. These results support the exploration potential of both Panuco North and Central, with future drilling targeting near-surface extensions.
Zacatecas Silver Corp. (TSXV: ZAC, OTC: ZCTSF) announced progress in its diamond drilling program at the Panuco deposit, having drilled 7,420 m to date, with 4,707 m at Panuco North and multiple assays pending. The company received approval for 27 new drill permits, allowing exploration along the entire vein system. Notably, the discovery hole returned 2.17m at 823 g/t AgEq. Zacatecas is also advancing drilling plans at El Cristo, targeting near-surface extensions of historically tested veins. The assay results for 24 additional holes are expected within three weeks.
Zacatecas Silver Corp. has successfully closed an oversubscribed financing of $19.15 million through subscription receipts, exceeding the initial target of $15 million. The funding, generated from the issuance of 17,410,474 receipts priced at $1.10 each, will primarily be allocated towards acquiring the Esperanza Gold Project and advancing the Zacatecas Silver Project. The acquisition will involve a cash payment of USD$5 million. The financing highlights strong investor interest, with participation from notable institutional and individual investors.
Zacatecas Silver Corp. has appointed Nancy La Couvee to its Board of Directors, bringing extensive governance and mining industry experience. Currently the Corporate Secretary at K92 Mining Inc., La Couvee's expertise aligns with the Company's transition from exploration to production. As part of her appointment, she will receive 400,000 incentive share purchase options at an exercise price of $1.20. The Board now includes Bryan Slusarchuk, John Lewins, Chris Wilson, Jonathan Richards, Charles Hethey, and La Couvee, all supporting the advancement of Zacatecas' high-grade gold oxide project.
Zacatecas Silver Corp. announced that its common shares will resume trading on March 10, 2022, following a temporary halt due to its agreement to acquire the Esperanza Project from Alamos Gold Inc. The acquisition, valued at approximately $60 million, positions Alamos as Zacatecas' largest shareholder. The company has recently closed $18 million in financing, initially set at $15 million, due to strong demand. The Esperanza Project has significant mineral resources, including a measured and indicated resource of 34.35 million tonnes, containing 1.08 million ounces of gold and 8.93 million ounces of silver.
Zacatecas Silver Corp. has entered a share purchase agreement to acquire the high-grade Esperanza Gold Project from Minas De Oro Nacional, a subsidiary of Alamos Gold, for approximately USD 60 million. The project holds an historic resource of 1,084,000 ounces of gold and 8,936,000 ounces of silver. This strategic acquisition aims to enhance the company’s portfolio and establish a pathway toward gold production in Mexico. Alamos will become a significant shareholder following the transaction.
Zacatecas Silver Corp. (TSXV: ZAC; OTCQB: ZCTSF) announced positive results from ongoing diamond drilling at the Panuco North Vein, revealing high-grade silver and gold assays. Key intercepts include 6.87 m at 160 g/t Ag Eq and 1.23 m at 750 g/t Ag Eq. The mineralization extends over a strike length of 500 m and remains open at depth, indicating robust exploration potential. Further drilling is planned with assays for additional holes pending. The results signal encouraging near-surface mineralization and strong depth potential for future exploration.
Zacatecas Silver Corp. (OTC: ZCTSF) announced updates on its diamond drilling program at the Panuco deposit and San Gill Breccia. Key highlights include 36 approved drill pads at San Gill and pending assay results for 15 holes at Panuco North. An additional 29 drill pads at Panuco North are expected to be approved soon. The Panuco North Vein has shown significant intercepts in recent drilling, with the vein open to the west and at depth. San Gill represents a largely untested exploration target with promising potential.
Zacatecas Silver Corp. has submitted a National Instrument 43-101 compliant technical report detailing an initial silver Mineral Resource Estimate for its Panuco Deposit in Mexico. The report estimates 2.7 million tonnes at 187 g/t AgEq, equating to 16.4 million ounces AgEq, comprised of 15 million ounces of silver and 15,000 ounces of gold. Notably, the Panuco Central Vein holds an inferred resource of 2.1 million tonnes at 171 g/t AgEq, while the North Vein has 0.7 million tonnes at 235 g/t AgEq. The company is actively drilling to expand these resources.