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About Aftermath Silver Ltd. (AAGFF)
Aftermath Silver Ltd. is a Canadian junior exploration company focused on the discovery, acquisition, and development of high-quality silver and critical metals projects in stable jurisdictions. The company operates within the mining and exploration industry, leveraging its expertise to advance its portfolio of assets toward feasibility and potential production. Aftermath Silver is uniquely positioned at the intersection of the precious metals and critical metals markets, contributing to both traditional industrial applications and the rapidly growing clean energy sector.
Flagship Project: Berenguela Silver-Copper-Manganese Deposit
Aftermath Silver's flagship asset is the Berenguela Project, located in southern Peru. This polymetallic deposit is one of the world's few high-grade resources that combine significant quantities of silver, copper, and manganese. The project has a defined mineral resource estimate across measured, indicated, and inferred categories, with manganese accounting for a substantial portion of the resource value. Manganese, a critical metal for battery technology, positions the project as a strategic asset in the clean energy transition.
The ongoing Phase 2 drilling program at Berenguela has demonstrated promising results, including high-grade silver and copper intercepts, as well as the production of battery-grade manganese sulfate monohydrate (HPMSM) during metallurgical testing. These advancements underscore the project's potential to produce multiple high-value products, including silver bullion, copper concentrates, and battery-grade manganese.
Other Projects
In addition to Berenguela, Aftermath Silver owns 100% interests in the Challacollo Silver-Gold Project and the Cachinal Silver-Gold Project, both located in Chile. These projects add diversification to the company's portfolio and provide additional growth opportunities through exploration and resource development.
Strategic Positioning
Aftermath Silver is strategically aligned with global trends in critical minerals and clean energy. The inclusion of manganese and copper in its resource portfolio positions the company to benefit from rising demand for battery materials and renewable energy technologies. Furthermore, the company's focus on stable jurisdictions ensures a favorable operating environment with minimized geopolitical risks.
Commitment to Sustainability and Technical Excellence
Aftermath Silver is committed to sustainable mining practices and rigorous technical standards. The company employs industry-leading methodologies in exploration, resource modeling, and metallurgical testing. Its projects are supported by robust environmental assessments and community engagement initiatives, ensuring compliance with regulatory requirements and fostering local support.
Investment Potential
Aftermath Silver offers significant leverage to silver, copper, and manganese markets, making it an attractive opportunity for investors seeking exposure to precious metals and critical minerals. The company's strategic focus on advancing its projects toward feasibility and production, combined with its expertise in navigating complex metallurgical processes, positions it as a compelling player in the junior mining sector.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has initiated a 4,000m diamond drilling campaign at its Berenguela Ag-Cu-Mn project in Peru. The program aims to upgrade inferred resources, define mineralization, and explore high-grade copper areas. The company plans to update the resource inventory in 2025.
Additionally, Aftermath has granted 5,025,000 stock options at Cdn$0.35 per share and issued 2,350,000 restricted share units to directors, officers, and employees. The company also clarified the issuance of 470,204 finder's warrants and payment of $109,444.68 in commissions related to a previous private placement.
Berenguela is an open-pittable silver-copper-manganese resource in Peru, with potential applications in clean energy and battery industries. Aftermath has an option to acquire 100% interest in the project from SSR Mining.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has successfully produced battery grade manganese sulphate crystals from a third drill core composite sample of its Berenguela project in Peru. The test work, conducted at Kappes Cassiday and Associates' Reno facility, achieved 99.9% pure High-purity manganese sulphate monohydrate (HPMSM) with 32.4% Mn content and 95% Mn recovery. This sample represents a substantial portion of the Berenguela mineral resource containing 12-16% combined calcium and magnesium.
Composite samples representing over 67% of the Measured & Indicated resource have now been tested and successfully produced HPMSM on bench-scale. The company is systematically testing samples representing the main mineral resource and geometallurgical domains at Berenguela, demonstrating potential for HPMSM production using a single hydrometallurgical process route.
Aftermath Silver announced successful metallurgical test results from its Berenguela project in Peru. The second composite sample produced 99.9% pure battery-grade manganese sulphate monohydrate (MnSO4.H2O), assaying 32.9% Mn. Conducted by Kappes Cassiday and Associates (KCA) in Reno, the process used was hydrometallurgical, with no electrowinning required. The sample achieved a 95% Mn recovery rate and met purity specifications with less than 150 ppm impurities. The company is now focusing on extracting silver from the samples and preparing a third composite sample. This work supports ongoing preliminary economic assessments. Berenguela’s updated resource estimate includes substantial manganese, silver, and copper resources. The test outcomes are promising, suggesting the historic metallurgical work can be reliably replicated.
Aftermath Silver has announced positive results from its ongoing metallurgical test work on mineralized rock from the Berenguela Ag-Cu-Mn project in Peru.
The tests, conducted at Kappes Cassiday and Associates' Reno facility, analyzed 16 composite samples from the 2021-2022 drill program.
Initial and recent tests confirmed that various samples, despite differences in metal content, can be processed using the same treatment route.
This indicates that approximately 33% of the contained manganese can be processed by direct leaching methods without ore sorting, potentially simplifying operations.
Further tests confirmed the recovery of over 94% manganese and up to 99% pure copper sulfide precipitation, paving the way for future test work on different mineralization types.
The findings suggest a robust processing method for the diverse mineralization in the resource, which enhances the project's potential.
Aftermath Silver (TSXV: AAG, OTCQX: AAGFF) announced its participation in the 121 Mining Investment Conference in New York City. The event, scheduled for June 3-4, will host over 80 mining companies and more than 250 investors. This conference offers pre-arranged, targeted 1-2-1 meetings and includes expert commentary and market intelligence on key industry developments. Investors interested in attending can register for a free pass.
Aftermath Silver (AAGFF) announced that Eric Sprott, through his 2176423 Ontario , has exercised 7,439,898 warrants at $0.25 per common share, raising his ownership to 14.4% with 33,519,694 shares. This exercise, along with additional warrants, generated C$1,989,439.5.
The funds will support the Berenguela silver-copper-manganese project in Peru. Berenguela has a resource estimate as of January 31, 2023, with 40.176 Mt of measured and indicated resources containing 101.2 Moz of silver, 2.455 Mt of manganese, and 589 Mlb of copper.
Aftermath plans a diamond drill program and ongoing metallurgical tests aiming to produce battery-grade manganese. The project benefits from proximity to infrastructure and contains critical metals for the clean energy sector.
Aftermath Silver announced it has received approval to commence additional drilling at its Berenguela Project in Puno, Peru.
The approval, granted on April 29, 2024, allows for a 30-month drilling period including 140 drillpads for both diamond and reverse circulation drilling.
The Berenguela Project potentially contains significant silver, copper, and manganese resources, essential for clean energy and battery industries.
Currently, access agreements with surface rights holders are in place, allowing the initiation of the drilling program.
The project is well-located, being close to essential infrastructure and 4 hours from Arequipa by road.
Metallurgical test work is underway to produce commercial-grade silver, copper, and manganese products.
Berenguela's resources include 101.2 million ounces of silver, 2.45 million tonnes of manganese, and 589 million pounds of copper in the Measured and Indicated categories.
CEO Ralph Rushton expressed optimism about the potential for high-grade mineralization and further project development.
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