Zacatecas Silver Announces Drilling Commencement and Completion of First Hole at El Cristo
Zacatecas Silver Announces Drilling Commencement and Completion of First Hole at El Cristo
VANCOUVER, British Columbia, April 1, 2026 - Zacatecas Silver Corp. (TSXV: ZAC | OTCQB: ZCTSF | FRA:
7TV) (“Zacatecas Silver” or the “Company”) is pleased to announce the commencement of its 2026 diamond
drilling program at the El Cristo Project, located within the prolific Zacatecas Mining District, Mexico. The
first hole was collared by Major Drilling Mexico on the 27th of March and completed on the 30th of March.
The first diamond drill hole was drilled to a downhole depth of 117 m at an inclination of -60° to target the
near-surface downdip extension of an intermediate sulphidation vein. A brecciated and mineralized structure
was intercepted between 89 and 108 m downhole.
Eric Vanderleeuw, CEO and Director of Zacatecas Silver commented, “Intersecting the vein system with visible
sulphides in our very first hole is exactly what we were aiming for, the presence of galena and sphalerite
confirms we are in a fertile, mineralized system with clear potential for high-grade silver. This is an
outstanding start, and we are eager to build on this momentum as the drill program progresses.”
Figure 1: A 3 m run of PQ core from 90 m downhole depth displaying typical mineralization. Note pervasively silicified, fractured
andesite and basalt, with abundant pyrite, galena, and sphalerite, along with multiphase quartz veining and brecciation.
Mineralization is associated with multiphase and brecciated quartz veins and is hosted in a highly fractured
and strongly silicified andesitic and basaltic volcanoclastic sequence. Very fine dark-grey sulphide is
pervasive, and clotted sphalerite and galena, with traces of chalcopyrite, are developed throughout this zone.
Vein textures and mineralogy are consistent with the uppermost parts of silver-base metal mineralized
intermediate sulphidation epithermal veins within the district. Analysis of rock chip samples from the dumps
around artisanal shafts at El Cristo (see News Release dated March 26, 2026) shows a strong association
between high-grade silver assays and galena and sphalerite.
The company is currently sampling this hole and expects to deliver samples to ALS in Zacatecas by Thursday
of this week.
About Zacatecas Silver Corp.
The Company has two key projects: the Zacatecas Silver Project in Zacatecas State, Mexico, and The
Esperanza Gold Project in Morelos State, Mexico.
The Zacatecas Silver Project is located in Zacatecas state, Mexico, within the highly prospective Fresnillo silver
belt, which has produced over 6.2 billion ounces of silver. The Company holds 7,826 hectares (19,338 acres)
of ground that is highly prospective for low-sulphidation and intermediate-sulphidation silver base metal
mineralization and potentially low-sulphidation gold-dominant mineralization. The Company announced an
increase in silver resource at the Panuco South and North underground Mineral Resource Estimate now
consisting of 3.41 million tonnes at 187 g/t AgEq (173 g/t Ag and 0.18 g/t Au) for 20.5 million ounces AgEq
(19.0 million ounces silver and 19.2 thousand ounces gold) (see news release dated May 31, 2023).
The silver property is 25 kilometres (km) southeast of MAG Silver Corp.'s Juanicipio Mine and Fresnillo
PLC's Fresnillo Mine. The Property shares common boundaries with former Pan American Silver Corp., now
Defiance Silver claims and El Orito, which is owned by Endeavour Silver.
Esperanza is an advanced stage, attractive low-cost, low-capital-intensity and low-technical-risk growth
project located in Morelos state, Mexico. Alamos has progressed the project through advanced engineering,
including metallurgical work, while also focusing on stakeholder engagement, including building community
relations. The Company announced a Mineral Resource Estimate at Esperanza consisting of a Measured and
Indicated Mineral Resource Estimate of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq
and an Inferred Mineral Resource estimate of 8.7 million tonnes at 0.98 g/t AuEq for 277 thousand ounces
AuEq (see news release dated November 16, 2022).
Qualified Person
The technical information in this news release has been reviewed and approved by Chris Wilson, B.Sc. (Hons),
PhD, FAusIMM (CP), FSEG, FGS, Chief Geologist of Zacatecas Silver. Dr. Wilson is a Qualified Person as defined
by NI 43-101 and is not independent due being Chief Geologist and a Director.
On behalf of the Company
Eric Vanderleeuw
Chief Executive Officer and Director
(519) 729 2440
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management’s current estimates,
beliefs, intentions and expectations. They are not guarantees of future performance. Zacatecas Silver
cautions that all forward-looking statements are inherently uncertain and that actual performance may be
affected by many material factors, many of which are beyond their respective control. Such factors include,
among other things: risks and uncertainties relating to Zacatecas Silver’s limited operating history, its
proposed exploration and development activities on is Zacatecas Properties and the need to comply with
environmental and governmental regulations. Accordingly, actual and future events, conditions and results
may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable securities legislation, Zacatecas Silver does
not undertake to publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the Exchange) accepts responsibility for the adequacy or accuracy of this release.