Welcome to our dedicated page for Zacatecas Silver news (Ticker: ZCTSF), a resource for investors and traders seeking the latest updates and insights on Zacatecas Silver stock.
Zacatecas Silver (ZCTSF) operates as a silver-focused mining company specializing in exploration and advanced extraction techniques. This news hub provides investors and industry observers with essential updates about operational milestones, strategic developments, and market positioning.
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Key categories feature exploration progress reports, production capacity changes, leadership updates, and sustainability initiatives. All content maintains factual accuracy while emphasizing operational transparency and technological implementation in silver extraction.
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Zacatecas Silver (ZCTSF) has designed a new drill program for its silver projects in Zacatecas, Mexico, focusing on expanding current resources and following up on high-grade intercepts. The company highlights two main vein systems: Panuco Deposit, with a current resource of 3.41M tonnes at 187 g/t silver equivalent (20.5M oz silver equivalent), and El Cristo Vein System, where 22 of 28 initial drill holes showed mineralization.
The company has also completed a private placement, raising $1.5M through the issuance of 30M common shares at $0.05 per share. The proceeds will fund exploration activities at both the Esperanza Gold Project and Zacatecas Silver Project. CEO Eric Vanderleeuw participated in the offering, subscribing for 1.25M shares.
Zacatecas Silver has announced the completion of additional fieldwork at its El Cristo property, which includes a detailed petrographic review of previous drill cores.
El Cristo is an extension of the Veta Grande vein system with historical production of 200 Moz AgEq. The El Cristo system covers over 3 km with multiple veins within a 650 m wide dilation jog.
Recent drilling tested near-surface extensions of the veins, with 22 out of 28 holes intercepting silver-base metal mineralization. Deeper unoxidized veins reported higher silver equivalent grades, including 829 g/t Ag Eq in one hole.
The company plans to apply for drill pad permits to test deeper vein parts, expecting the permitting process to take 6 to 8 weeks.
Zacatecas Silver Corp. (ZCTSF) announces the initiation of drill permitting for the El Cristo vein system at its Zacatecas Property, following a comprehensive modelling of assay data. The El Cristo vein system, an extension of the Veta Grande vein system, is noted for its historical production of 200 Moz AgEq. The company plans a 2,500-meter diamond drill program to further investigate this promising site. Recent drilling indicates mineralization in 22 out of 28 holes, with significant intercepts at shallow depths. Additionally, Zacatecas Silver is organizing a private placement financing to raise $3.5 million to support exploration and feasibility studies across its projects. The projected offering will consist of 7,777,778 units priced at $0.45 each. Proceeds will facilitate ongoing studies at the Esperanza Gold Project and advance exploration at El Cristo.
