- Aftermath Silver (AAG) has issued a progress update from its Berenguela Gold-Copper Manganese Project
- The project is located in southern Peru
- The company is currently drilling at Berenguela and planning to advance the project through a pre-feasibility study
- The company anticipates receiving the first assay results in April depending on the lab turnaround time
- Aftermath Silver is down 2.74 percent, trading at $0.36 at 2:03 p.m. ET
Aftermath Silver (AAG) has issued a progress update from its Berenguela Gold-Copper Manganese Project.
The project is located in the Department of Puno, in south-central Peru.
The Vancouver-based mineral exploration company is currently drilling at Berenguela and planning to advance the project through a pre-feasibility study.
The company has an option to acquire a 100-percent interest in the project through a binding agreement with SSR Mining.
Aftermath’s drill program at continues to progress well.
To date, the team has completed 39 diamond core holes for a total of roughly 3,680 metres of drilling. Core recoveries continue to be excellent, averaging approximately 94-95 percent.
Sixteen holes have been completed at HQ diameter for resource infill and possible expansion, and 23 holes have been completed at PQ diameter.
Core cutting and sampling are also underway and 1,250 metres have been cut to date. The first nine batches of samples, 240 in total, have been shipped to ALS’s lab in Arequipa.
The company anticipates receiving the first assay results in April depending on the lab turnaround time.
Aftermath Silver is down 2.74 percent, trading at $0.36 at 2:03 p.m. ET.
