Aftermath Silver Ltd (TSX-V:AAG, OTCQX:AAGFF) CEO Ralph Rushton spoke with Proactive about the company’s plans to initiate a new diamond drilling program at its Challacollo silver-gold project in Chile.
This represents the first phase of technical work on the asset since its acquisition from Mandalay Resources in 2020.
Rushton explained that the program will include 7 to 10 diamond drill holes, totaling approximately 2,000 metres.
This initial drilling will help assess extensions of historical mine veins and test previously unexamined structures within the project area.
He noted, “We now have the bandwidth to take on Challacollo as well,” thanks to the recent expansion of the company's technical team.
Challacollo is a former producing asset with a historical resource base.
Aftermath Silver is seeking to expand this base through its own exploration efforts, although Rushton acknowledged that the current strength in the silver market has increased interest in the sector and that a potential joint venture in the future is possible.
However, he emphasized that the company is currently focused on executing the work itself.
With permits already in hand, drilling is expected to begin in the next one to two months, with initial results anticipated by the end of the year.