Argenta Silver Corp. Intersects 246 g/t Ag over 20.00m and Discovers New Gold-Copper Target at El Quevar Project and Adoption of RSU/PSU/DSU Plan
Argenta Silver Corp. Intersects 246 g/t Ag over
20.00m and Discovers New Gold-Copper
Target at El Quevar Project and Adoption of
RSU/PSU/DSU Plan
TSX-V: AGAG
VANCOUVER, BC
,
Jan. 21, 2026
/CNW/ -
Argenta Silver Corp.
(TSXV: AGAG) (OTCQX:
AGAGF) (FSE: T1K)
("Argenta"
or the
"Company")
is pleased to announce the initial assay results
from its
2025–2026 Summer Diamond Drilling Campaign
at the
El Quevar Project
in
Salta
Province
,
Argentina
. These results confirm significant
high-grade silver
intervals within the Yaxtché
Deposit, highlighted by
246 g/t Ag over 20.00 meters,
including
427 g/t Ag over 6.00 meters
.
Furthermore, the Company has identified a
gold-copper mineralized zone
at the newly discovered
Carmen exploration target
, headlined by an intercept of
0.57 g/t Au and 0.58% Cu over 44.00
meters.
Highlights:
QVD-423:
the first hole of the
2025–2026 Summer Campaign
, intersected
246 g/t Ag over
20.00m
, including a high-grade intercept of
427 g/t Ag over
6.00m
and a standout
1,075 g/t Ag
over
1.00m
. This intercept successfully tested a
100-meter gap
previously devoid of drilling,
confirming mineralization continuity with grades consistent with adjacent areas. *
QVD-424
:
Although prematurely terminated at 353 meters due to operational challenges, the
drillhole intersected
160 g/t Ag and 1.35% Cu over
1.00m
(from 300 to
301m
), followed by
0.35 g/t Au and 0.76% Cu over
1.00m
at the bottom of the hole. These intercepts are highly
significant as the
hole ended in mineralization
, suggesting that the system extends well
beyond current depth models. This provides compelling justification to re-enter or twin the hole
to reach the intended primary target. *
QVD-425 (Carmen Discovery):
The inaugural drillhole into the
Carmen exploration target
confirmed a new discovery located
350m
northeast
of the Yaxtché Deposit. The hole
intersected a broad mineralized interval of
44.00m
grading 0.57 g/t Au and 0.58% Cu
(from
316m
), which includes several high-grade zones:
2.56 g/t Au and 4.33% Cu over
2.00m
, and
two standout copper intercepts of
3.92 g/t Au with 6.23% Cu over
1.00m
, and 4.87 g/t Au
with 8.52% Cu over
0.80m
. This discovery could potentially identify a separate gold-copper
system that remains open in multiple directions. *
*Intervals are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed to
calculate true width at this time.
Joaquin Marias, CEO, President and Director of Argenta Silver Corp. commented:
"These first
results from the 2025–2026 Summer Drill Program confirm both the strength and continuity of
high-grade silver mineralization at Yaxtché and the broader geological potential of the El Quevar
district. Intersecting 246 g/t Ag over 20 meters in a previously undrilled gap reinforces the
robustness of the existing resource model, while the discovery of a new gold-copper system at the
Carmen target highlights the scale and multi-commodity upside of the project. With the program
focused on both resource growth and new discoveries, these results validate our exploration
strategy and provide a strong technical foundation for continued drilling and systematic expansion
of the mineralized footprint at El Quevar."
2025–2026 Summer Drilling Program Results – Initial Assays
The
2025–2026 Summer Drilling Program
, encompassing ~
15,000 metres
of diamond drilling, is
currently in full swing following its commencement on
1 November 2025
(
see press release
November 13, 2025
).
With
two drill rigs fully operational
across the El Quevar
Project, the Company is executing a balanced growth strategy:
40% of the program
is dedicated to
Resource Expansion
to solidify the existing asset base, while
60% is focused on New
Discoveries
, targeting high-impact exploration horizons.
Since November, the Company has successfully completed over
6,500 metres
of drilling, with more
than
130 work orders
submitted for laboratory analysis. Unfortunately, due to the increase in
precious metal prices, laboratories have been encountered with massive amounts of samples from
multiple companies, delaying results. Complementing the drill program, the
2025–2026 Summer
Campaign
incorporates an extensive suite of technical studies designed to refine the geological
model for the
Yaxtché Deposit
and emerging targets. This includes comprehensive mapping, soil
and rock sampling, and geophysical surveys, alongside specialised petrographic and structural
analyses to
de-risk and accelerate
the project's development.
Figure 1 Map drill collars and targets (CNW Group/Argenta Silver Corp.)
Key Drill Hole Highlights:
QVD-423 (Yaxtché Continuity):
The first hole of the campaign successfully tested a
100-
meter gap
, intersecting
246 g/t Ag over
20.00m
, including a high-grade core of
427 g/t Ag
over
6.00m
and a standout
1,075 g/t Ag over
1.00m
.
QVD-424 (Target Extension):
Although terminated prematurely at 353 metres due to
operational challenges, the hole
ended in mineralization
, grading
0.35 g/t Au and 0.76% Cu
over 1 meter at the bottom. This confirms the system remains open and provides compelling
justification for follow-up drilling to reach the primary target depth.
QVD-425 (Carmen Discovery):
As the inaugural drillhole into the
Carmen exploration target
,
results have confirmed a major new discovery
350m
northeast
of Yaxtché. The hole
intersected a broad interval of
44.00m
grading 0.57 g/t Au and 0.58% Cu
, highlighted by a
high-grade copper intercept of
6.23% Cu and 3.92 g/t Au over
1.00m
.
Table 1: 2025-2026 Summer Drilling Program First Batch of Assays (cut-off 100g/t Ag)
*
Hole ID
From [m]
To [m]
Length [m]
Ag [g/t]
Au [g/t]
Pb [%]
Zn [%]
Cu [%]
End Of Hole [m]
QVD-423
173.00
193.00
20.00
246
0.00
0.28
0.21
0.02
including
174.00
180.00
6.00
427
0.00
0.33
0.42
0.02
which
includes
176.00
177.00
1.00
1075
0.00
0.40
0.37
0.05
284.00
including
186.00
190.00
4.00
318
0.00
0.26
0.06
0.02
and
215.00
218.00
3.00
176
0.01
0.25
0.32
0.07
and
259.00
265.00
6.00
187
0.02
0.07
0.06
0.17
including
260.00
263.00
3.00
316
0.02
0.06
0.07
0.22
QVD-424
300
301
1.00
160
0.21
0.17
0.17
1.35
353.00
and
351
352
1.00
22
0.35
0.25
0.02
0.76
QVD-425
110
111
1.00
157
0.04
0.10
0.00
0.00
450.00
and
290
296
6.25
4
0.31
0.02
0.01
0.08
and
309
314
5.00
7
0.38
0.01
0.00
0.25
and
316
360
44.00
12
0.57
0.04
0.11
0.58
including
328
330
2.00
97
2.56
0.02
0.01
4.33
which
includes
329.2
330
0.80
184
4.87
0.04
0.02
8.52
including
347
348
1.00
104
3.92
0.05
0.08
6.23
including
354
355
1.00
69
2.21
0.04
0.07
4.27
*Intervals shown are core length. Estimated true widths vary between 60 to 85% of core reported length. Insufficient re-modelling and drill density on new data has been completed
to calculate true width at this time.
Table 2: 2025-2026 Summer Drilling Program DDH Location and Attitude
*
Hole ID
Easting
Northing
Azimuth
Dip
End Of Hole [m]
QVD-423
3,418,397
7,307,016
0
-90
284.00
QVD-424
3,418,349
7,307,067
0
-90
353.00
QVD-425
3,419,381
7,306,984
160
-65
450.00
*Reference system: GK POSGAR 94 – Zone 3. Dip is reported as negative below horizontal.
Figure 2 core QVD425 (CNW Group/Argenta Silver Corp.)
Figure 3 core QVD425 (CNW Group/Argenta Silver Corp.)
Adoption of RSU/PSU/DSU Plan
Argenta also announces that it has adopted a new restricted share unit ("
RSU
"), performance share
unit ("
PSU
") and deferred share unit ("
DSU
") plan (the "
RSU/PSU/DSU Plan
") that was approved by
the shareholders of the Company at its annual general and special meeting held on
December 9,
2025
. RSUs, PSUs and/or DSUs may be granted to any employee, director or consultant of the
Company or its subsidiaries, other than persons conducting investor relations activities, from time to
time by the board of directors of the Company, subject to the limitations set forth in the
RSU/PSU/DSU Plan. The maximum number of common shares of the Company reserved for
issuance under the RSU/PSU/DSU Plan is 25,613,938 common shares of the Company, being 10%
of the issued and outstanding Common Shares as at
November 4, 2025
, the date on which the
Board approved the RSU/PSU/DSU Plan, subject to adjustment in accordance with the terms of the
RSU/PSU/DSU Plan. The RSU/PSU/DSU Plan is subject to the final acceptance of the TSX Venture
Exchange.
About El Quevar Project
The El Quevar Project is located in Salta,
Argentina
and spans an area of 57,000 hectares. The
property remains underexplored with less than 3 % of the area covered with comprehensive
exploration work. The property boasts exceptional infrastructure with over 60 km of internal roads, a
fully owned, fully operational camp for 100 workers with multiple support buildings, and a railroad,
gas pipeline and service road just 3 km from camp, while a high
voltage transmission line lies
approximately 20 km from the exploration area. The robust infrastructure associated with the project
provides a cost-effective platform to de
risk and accelerate future drilling and development.
The foundational Mineral Resource Estimate of the Yaxtché deposit boasts an indicated mineral
resource of
45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag
, and an
inferred resource of
4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag
(1). The
mineral resource area remains open at depth and in multiple directions, particularly to the southeast
and northwest.
The mineralization at the Yaxtché deposit is defined as a silver rich, high to intermediate-sulphidation
epithermal system with associated gold. Mineralization is controlled by NW-SE and NE-SW fault
structures and is mainly hosted in brecciated zones and dacite domes. Silver minerals at Yaxtché
consist of complex silver sulphides, sulphosalts and native silver. These minerals are found within
silicified breccias, commonly appearing as veinlets, stockworks, disseminations, and breccia fillings.
QAQC Statement
The Company adheres to CIM Best Practices Guidelines for exploration-related activities conducted
on its property. Quality Assurance and Quality Control (QA/QC) procedures are overseen by a
Qualified Person.
All geochemical sample assay results from
Argenta Silver
have been independently monitored
through a rigorous QA/QC protocol. This protocol includes the regular insertion of blind standard
reference materials, blanks, and duplicates.
The logging and sampling of the El Quevar drill core were completed at Argenta's core handling
facilities in Salta,
Argentina
. Drill core was photographed, checked for recovery and geotechnical
and then diamond-sawn on-site, and half drill-core samples were securely transported to ALS
Laboratories sample preparation facilities in Mendoza, and forwarded to their facility in
Lima, Peru
for analysis. The other half-core is retained on site for reference.
Soil samples were prepared by drying at <60°C and sieving to minus 80 mesh (code PREP-41).
Rock chip samples were dried and then fine crushing of the sample to at least 70% passing less
than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85%
passing 75 microns (code PREP-31). Diamond drill core samples were dried and fine crushing of the
sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing
a 1kg split to at least 85% passing 75 microns (code PREP-31B).
All rock chip and diamond drill core samples were analyzed for gold using a fire assay on a 50-gram
sample with an AAS finish, and for 35 elements by 4 acid, ICP-AES finish on a 0.75-gram sample
plus mercury using cold vapor AA on a 0.2-gram (ME-ICP61m). Soils were also analyzed for gold
fire assays and ICP-AES (Au-ICP21) and 48 multi-element four acid digestion with ICP-MS finish.
Overlimit silver was determined by a 50-gram fire assay with a gravimetric finish and overlimit lead,
zinc and copper were determined by OG62 using a mixture of highly oxidizing acids on a 0.4-gram
sample.
Qualified Person
Rob van Egmond
, P.Geo., a "qualified person" as defined by National Instrument 43-101 Standards
of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical
information contained in this news release.
Rob van Egmond
, P.Geo. has visited the El Quevar
Project and is not independent of the Company.
(1) Refer to NI43-101 technical report with effective date of
September 30, 2024
, titled "NI 43-101
Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Province,
Argentina
", posted on
www.SEDAR.com
under Argenta Silver Corp.
About Argenta Silver Corp.
Argenta Silver Corp. is a silver exploration company committed to advancing projects that support
the global energy transition. Our mission is to create sustainable, long-term value for shareholders
by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin
America. Led by an experienced management team with deep expertise in exploration, finance, and
project development, Argenta emphasizes responsible mining practices and is well-positioned to
meet the rising demand for silver, a critical metal in renewable energy and emerging technologies.
On behalf of Argenta Silver Corp.
"Joaquín Marias"
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release contains forward-looking statements and forward-looking information as defined
by applicable securities laws. Forward-looking statements include risks and uncertainties, as
detailed in the Company's disclosure. The Company undertakes no obligation to update these
statements except as required by law.
Forward Looking Information
Certain statements and information herein contain forward-looking statements and forward-looking
information within the meaning of applicable securities laws. Such forward-looking statements or
information include but are not limited to statements or information with respect to: the El Quevar
project; potential for resource expansion and significantly larger mineralization beyond the current
resource; further results from on-going exploration and evaluation of assays.
Although management of the Company believes that the assumptions made and the expectations
represented by such statements or information are reasonable, there can be no assurance that
forward-looking statements or information herein will prove to be accurate. Forward-looking
statements and information by their nature are based on assumptions and involve known and
unknown risks, uncertainties and other factors which may cause actual results, performance or
achievements, or industry results, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or information. These risk
factors include, but are not limited to: exploration and development of the El Quevar project may
not result in any commercially successful outcome for the Company; risks associated with the
business of the Company; business and economic conditions in the mining industry generally;
changes in general economic conditions or conditions in the financial markets; changes in laws
(including regulations respecting mining concessions); and other risk factors as detailed from time
to time. The Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
SOURCE
Argenta Silver Corp.
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%SEDAR: 00009657E
For further information:
For further information, please contact Vanessa Bogaert, Vice President
Investor Relations & Communications, Tel: 604-721-7773
CO: Argenta Silver Corp.
CNW 08:00e 21-JAN-26