10:49 AM EDT, 07/21/2025 (MT Newswires) -- Argenta Silver ( AGAGF ) was up more than 10% on Monday after the first batch of assay results from its ongoing 2025 winter diamond drilling program at the 100% owned El Quevar Project in Salta Province, Argentina, delivered "wide, high-grade silver intersections, and results from additional sampling of historic drill core confirmed upside for resource expansion".
The company said surface rock sampling from underexplored areas on the property returned multiple high-grade silver results "highlighting the growth potential of new mineralized zones." The well-defined silver zone demonstrates "strong continuity," while newly identified gold anomalies reveal "promising" new exploration targets that were historically underexplored.
"With assays returning 533 g/t Ag over 20.20m in a drill intercept, a surface rock-chip sample topping 20,000 g/t Ag and legacy core that has been sampled for the first time returning positive high-grade silver results, we've only just begun to unlock the true potential of this high-grade silver system. Expect more results from the ongoing exploration program," said Chief Executive Joaquin Marias.
Efforts at the historical drill core sampling, confirmed the "strong potential" for additional high-grade silver and gold mineralization in untested targets beyond the Yaxtche deposit.
Shares of the company were last seen up $0.06 at $0.43 on the TSX Venture Exchange, leaving it shy of 52 week highs.
Price: 0.42, Change: +0.05, Percent Change: +13.51