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Aftermath Silver Reports Near Surface High Grade Silver and Copper Results

In This Article:

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2025) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQX: AAGFF) (the "Company" or "Aftermath Silver") is pleased to provide assay results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese located in the Department of Puno in southern Peru. Results are included for 22 holes from the planned 60-hole (4,600m) program of diamond core drilling. Additional holes to be released pending overlimit check assays.

Highlights of the current drilling include:

  • AFD078 intersected 9.1m @ 447g/t Ag + 1.85% Cu + 17.96% Mn from surface

  • AFD082 intersected 15.3m @ 439g/t Ag + 1.81% Cu + 4.2% Mn from 12.8m downhole within a broader intercept of 30m @ 269g/t Ag + 1.81% Cu + 5.85% Mn from 12.8m downhole.

Ralph Rushton, President and CEO, commented "We are very pleased with the results of the latest drilling. This program had several objectives including converting Inferred Resources to Measured and Indicated; testing key geological structures and also stepping out from historic high-grade intercepts (which will be reported in a coming news release). The current results have enabled us to extend mineralization westward and southward and should add new resources in previously undrilled areas. The high copper grades that accompany silver in the latest western drilling further confirm Berenguela's polymetallic nature."

Full results are given for 22 holes in the table below and a table of collar coordinates and hole azimuths is appended at the end of this release. Drill collar plans and cross sections are available at this link: https://aftermathsilver.com/projects/berenguela/plans-and-sections/

Drilling was carried out at a high angle to mineralization controls and intersections are assumed to equate to true thickness. Drill sections are available on Aftermath's website (www.aftermathsilver.com) or by clicking here. All the current holes intercepted mineralization from surface with the exception of hole AFD083. The weighted average core recovery in the mineralized intersections was 92%. Some lower recoveries were returned close to surface (0 to 5m) in initial drilling runs, and around some underground workings.

Table 1. Assay results, holes AFD078 - AFD099

Hole

From

To

Width1 (m)

Ag g/t

Cu %

Mn %

Zn %

Recovery (%)

Voids*

Western resource limit: resource extension and infill holes

AFD078

0.00

9.10

9.10

447

1.85

17.96

0.62

97.0

-

AFD079

0.00

6.00

6.00

407

1.93

11.90

0.43

77.0

-

AFD080

0.00

59.45

59.45

114

0.90

3.95

0.10

100

-

Inc.

38.10

59.45

21.35

212

1.18

3.17

0.07


-

AFD081

0.00

5.40

5.40

130

0.99

3.87

0.14

88.6

-

And

32.20

45.65

13.45

395

0.74

0.85

0.06


-

Inc.

37.80

44.45

6.65

695

0.80

0.67

0.05


-

AFD082

0.00

30.00

30.00

269

1.15

4.21

0.21

95.5

-

Inc.

12.80

28.10

15.30

439

1.81

5.85

0.28


-

And

36.55

41.90

5.35

107

0.51

0.90

0.06

99.2

-

AFD083

13.20

19.20

6.00

63

0.08

0.46

0.03

100.0

-

AFD084

0.00

5.70

5.70

61

0.04

0.55

0.05

84.0

-

AFD085

0.00

6.00

6.00

82

1.79

14.43

0.29

100.0

-

AFD086

0.00

3.00

3.00

36

0.77

8.95

0.27

67.6

-

AFD087

0.00

8.40

8.40

54

1.16

15.39

0.41

83.4

-

Southern Keel Zone: resource extension holes

AFD088

0.00

23.40

23.40

102

0.53

5.79

0.19

92.3

-

AFD089

0.00

14.60

14.60

131

0.93

10.59

0.29

71.5

-

AFD090

1.00

15.10

14.10

75

1.00

8.72

0.27

100.0

-

AFD091

0.00

7.70

7.70

145

0.87

14.36

0.40

82.8

-

AFD092

0.00

13.10

5.60

80

0.66

10.60

0.29

92.0

7.50

AFD093

0.00

19.35

17.55

77

0.67

9.57

0.26

92.5

1.80

AFD094

0.00

12.00

10.50

44

0.74

17.04

0.33

65.6

1.50

AFD095

0.00

10.40

10.40

39

0.89

15.83

0.34

92.4

-

AFD096

0.00

15.60

15.60

44

0.82

9.84

0.25

98.1

-

AFD097

0.00

11.80

10.40

56

1.12

11.57

0.33

79.5

1.40

AFD098

0.00

6.30

6.30

46

0.70

10.93

0.37

100.0

-

AFD099

0.00

8.30

8.30

36

0.88

15.58

0.32

100.0

-

*Reported intersection widths are shorter than total widths drilled where voids due to historic underground mining activity were encountered during drilling. Voids were measured and discounted from the intersection width with no dilution of the reported grades. In AFD092, voids of 7.50m were encountered in areas of surface workings resulting in an intersection width of 5.60m. In AFD093, a void of 1.80m was encountered in a near-surface intersection resulting in an intersection width of 17.55m. In AFD094, a void of 1.50m was encountered in near-surface mineralization adjacent to old workings resulting in an intersection width of 10.50m. In AFD097, a void of 1.40m was encountered resulting in an intersection width of 10.40m. Berenguela mining: from 1913 until 1965 approximately 500,000 tons was mined from 17,700m of underground workings and open pit operations which equates to roughly 1.2% of the 2023 M&I resource inventory. Aftermath obtained complete plans of underground workings which were incorporated into resource modelling where practical and appropriate and underground mining depletion subtracted from the mineral resource. All open pits have been surveyed in detail as part of the general site layout that defines topography and surface mining depletion.
1 The drilling was carried out at a high angle to the stratigraphically controlled mineralization and intersections can be assumed to equate approximately to true thickness.