Argenta Silver Identifies New Targets at El Quevar and Launches Soil Sampling Program TSXV — AGAG
ARGENTA SILVER IDENTIFIES NEW
TARGETS AT EL QUEVAR AND LAUNCHES
SOIL SAMPLING PROGRAM
TSXV — AGAG
VANCOUVER, BC, Jan. 20, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) ("Argenta" or the
"Company") is pleased to announce the identification of high-priority exploration targets at its
flagship El Quevar Project in Salta Province, Argentina. These targets were defined through the
analysis and interpretation of historical geochemical soil sampling data acquired as part of the El
Quevar property, marking a significant step forward in unlocking the project's potential.
Highlights:
e High-Priority Targets Identified: Argenta Silver Corp. has identified significant silver and gold
anomalies at El Quevar South area, within its El Quevar Project in Salta, Argentina.
e Exploration Potential: Compelling silver anomaly to the west and gold anomaly in the
southeastern region suggest a larger, untested mineralized system.
e Expanded Soil Sampling Program: As planned, a comprehensive surface exploration program
is underway to fill gaps in the existing sampling grid and extend coverage into unsampled, high-
potential areas.
e Strategic Exploration Approach: Enhanced exploration efforts aim to define drill targets with
confidence, combining geochemical analysis, structural interpretations, and historical data re-
evaluation.
The El Quevar Project hosts an Indicated Resource of 45.3 million ounces of silver at an impressive
grade of 482 g/t Ag and an Inferred Resource of 4.1 million ounces of silver at a grade of 417 g/t
Ag\') , ranking it among the top three undeveloped silver deposits in Argentina. Originally explored
extensively between 2008 and 2013 by its previous owner, the project has since seen only limited
and sporadic exploration activities. Argenta Silver Corp. identified the strategic value of this
exceptional asset and acquired it in late 2024, and the Company is positioning itself to unlock its full
potential.
The historical soil sampling data revealed distinct zones of silver and gold geochemical enrichment
across the Quevar South zone. A well-defined silver anomaly, aligned northwest, corresponds to the
location of the existing Mineral Resource. However, data processing has highlighted a stronger and
more extensive anomaly of 1,850 meters by 600 meters aligned east-to-west. This silver anomaly
shows potential continuity to the west, where no systematic soil surface sampling has been
conducted. Meanwhile, a separate gold anomaly of 2,750 meters by 1,200 meters has been
identified in the southeastern section of El Quevar South, where sample density is relatively sparse.
The spatial distinction between these two zones suggests the presence of a well-developed
hydrothermal system, a typical geological feature of extensive productive areas.
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These soil anomalies highlight the potential for a larger mineralized system at El Quevar. While the
silver-rich zone shows promising continuity, the gold-enriched area opens new avenues for
exploration that were previously underexplored. Furthermore, both anomalies remain largely
untested through drilling, providing exciting exploration potential.
As planned for Phase 1 of Argenta's exploration program (news released on January 06, 2025),
along with other operations, a comprehensive surface exploration program at El Quevar has been
initiated. This program will focus on filling gaps in the existing sampling grid to improve sample
density in the anomalous areas and extending the grid into unsampled regions that exhibit strong
geological potential. The proposed grid for the 2025 exploration program is of 100 by 100 meters
spacing between samples. Key areas targeted for grid expansion include zones to the west and
northwest, where silver anomalies may extend beyond the current grid, and to the southeast, where
further analysis could enhance the understanding of the gold anomaly.
Joaquin Marias, Vice President of Exploration and Development, added: "Given that approximately
80% of the historical drilling was focused on the existing Mineral Resource, the discovery of these
high-potential, largely untested targets is incredibly encouraging. It reinforces our belief in the
untapped potential of El Quevar as a major epithermal system and motivates us to leverage the
wealth of existing data, directing our exploration efforts toward unlocking the full scale of opportunity
that lies within this remarkable project."
Argenta remains focused on advancing El Quevar responsibly, with a firm commitment to utilizing
cutting-edge exploration techniques to refine its targets and deliver long-term value for stakeholders.
About Argenta Silver Corp.
Argenta Silver Corp. is a focused 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 takes a disciplined, strategic approach to growth. With a
strong emphasis on responsible mining practices, we are well-positioned to meet the rising demand
for silver—a critical metal in renewable energy and emerging technologies—while building a lasting
and successful company.
Andrew Hamilton, 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.
(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.
On behalf of Argenta Silver Corp.
"Geir Liland"
Chief Executive Officer
For further information please contact:
Tel: 604.609.6110
Email: [email protected] or visit the Company's website at httos://www.argentasilver.com
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.
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. Although management of the Company believe 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
CO: Argenta Silver Corp.
CNW 08:30e 20-JAN-25