
businessJan 6, 20263:14pending
Aftermath Silver completes Berenguela acquisition, advances Phase 3 drilling program
About this episode
Aftermath Silver CEO Ralph Rushton joined Steve Darling from Proactive to announce that the company has successfully completed the acquisition of the Berenguela silver-copper-manganese project. With the final payment obligation now fulfilled under the acquisition agreement between Aftermath Silver and SSR Mining, the transfer of ownership has been completed and Aftermath now holds a 100% interest in the Berenguela project.
Rushton told Proactive that Berenguela represents Aftermath Silver’s flagship asset and a cornerstone of the company’s growth strategy. He explained that recent drilling programs have been primarily focused on infilling the historic mineral resource estimate (MRE), with the goal of upgrading inferred resources into the measured and indicated categories. This work supports a stronger technical foundation for future economic and development studies.
A new mineral resource estimate was published in December, incorporating results from recent drilling and providing an updated view of the project’s scale and grade potential. Building on this progress, Aftermath has now launched its Phase 3 drilling program at Berenguela, which is designed to advance the project on multiple fronts.
The current drilling campaign is focused on three key objectives. First, the company is targeting untested areas in the eastern and southeastern zones of the known mineralization, where both historic drilling and the 2024–2025 drill program encountered notably high copper grades. These areas are considered highly prospective for resource expansion.
Second, drilling is being carried out in areas identified as potential initial mining zones, with the intent of supporting future mine planning and complementary technical studies. Finally, subject to the completion of permitting, which Rushton noted is well advanced, the company plans to test the Southwest Intrusive target, a priority exploration area with potential to further enhance the overall resource base.
#proactiveinvestors #aftermathsilverltd #tsxv #aag #otcqx #aagff #mining #SilverMining, #BerenguelaProject, #Mining #Silver #Copper #Manganese #Peru #DrillingResults #BatteryMetals #ResourceModel #Investing
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