Welcome to our dedicated page for Aftermath Silver news (Ticker: AAGFF), a resource for investors and traders seeking the latest updates and insights on Aftermath Silver stock.
Overview of Aftermath Silver Ltd.
Aftermath Silver is a Canadian junior exploration company with a focused mandate on advancing high-quality silver projects while leveraging significant opportunities in copper and manganese. With an emphasis on comprehensive resource exploration and metallurgical innovation, the company has established a robust technical foundation particularly through its Berenguela project in southern Peru. As a firm dedicated to the discovery and development of mineral resources in politically stable jurisdictions, Aftermath Silver combines detailed geological assessments with state-of-the-art processing methodologies to transform complex polymetallic deposits into commercially viable assets.
Core Business and Operations
At its core, Aftermath Silver specializes in the exploration and development of precious and base metal resources, with a strategic focus on silver exploration enhanced by copper and manganese potential. The company’s flagship asset, the Berenguela project, is characterized by intricate mineralization that includes silver, copper, and manganese. Through extensive drilling programs, in-fill exploration, and metallurgical studies, the team is committed to converting inferred resources into measured and indicated categories, thereby underpinning its technical evaluations and resource updates.
Technical Expertise and Process Innovation
Aftermath Silver’s technical approach is underscored by its advanced metallurgical test work. The company has successfully refined hydrometallurgical processes that enable the production of high-purity manganese sulphate monohydrate—a product in high demand by the battery manufacturing and critical metals sectors. Utilizing a single streamlined flow sheet that accommodates a range of mineralization types, the team has demonstrated excellent recoveries and process resilience. Quality assurance is a cornerstone of its operations, with rigorous sampling protocols and adherence to established industry standards ensuring both accuracy and transparency.
Market Position and Strategic Value
Positioned within a competitive landscape of junior explorers, Aftermath Silver distinguishes itself by prioritizing both exploration excellence and methodical project development. Its disciplined approach to resource estimation, coupled with ongoing technical studies and process optimization, highlights the company’s commitment to operational excellence. By focusing its efforts on projects with strong growth potential in politically stable regions, Aftermath Silver provides a model of sustainable resource development that aligns with the broader industry demands for silver and critical metals.
Industry Terminology and Business Model Highlights
- Exploration and Resource Development: Comprehensive drilling campaigns, advanced sampling techniques, and updated resource modeling are integral to the company’s long-term asset growth strategy.
- Metallurgical Excellence: The use of hydrometallurgical processes to directly process complex ore bodies sets the company apart in producing battery-grade products, thereby opening avenues in both the precious metals and critical metals sectors.
- Operational Integrity: Emphasis on stringent QA/QC protocols and adherence to NI 43-101 disclosure standards underscores Aftermath Silver’s commitment to transparency and technical precision.
- Strategic Asset Positioning: Focused on projects in stable jurisdictions, the firm demonstrates an ability to manage exploration risks while capitalizing on market opportunities in silver, copper, and manganese.
Conclusion
The comprehensive approach exhibited by Aftermath Silver makes it a notable entity in the junior exploration space. Its commitment to scientific rigor, technical expertise, and methodical project development reflects a deep understanding of the complexities and opportunities inherent in the mining industry. The transparent and detailed nature of its operations not only enhances its credibility but also provides a solid framework for stakeholders seeking insight into the nuanced world of mineral exploration and processing.
Aftermath Silver (TSXV: AAG) (OTCQX: AAGFF) has reported high silver recoveries from metallurgical testwork at its Berenguela Silver-Copper-Manganese project in Peru. The results show 95% and 89% silver recovery for two composites tested, with cyanide consumption less than 1 kg per oz of silver recovered. The company has also demonstrated the potential to produce battery-grade manganese sulphate.
The basic flowsheet involves acid leaching followed by a standard cyanide leach plant for silver extraction. Aftermath is advancing to the next phase of metallurgical testwork, including preliminary process and sizing studies for plant design.
Additionally, the company announced the exercise of 6,535,487 warrants, generating C$1,795,453 in cash proceeds. Aftermath also clarified a previous disclosure regarding stock option grants, stating that 5,275,000 stock options were granted, not 5,025,000 as originally reported.
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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