Aftermath Silver (TSX-V:AAG) Ltd has provided an update on progress at its Berenguela silver-copper-manganese (Ag-Cu-Mn) project in southern Peru.
The company has an option to acquire a 100% interest in the project through a binding agreement with SSR Mining.
Aftermath said it is currently drilling at Berenguela and planning to advance the project through a pre-feasibility study.
READ: Aftermath Silver completes 28 holes at Berenguela project in Peru as drill program progresses
In a statement, the company said its drill program at Berenguela continues to progress well. As of March 20, 2022, the team has completed 39 diamond core holes for a total of roughly 3,680 meters (m) of drilling.
"Core recoveries continue to be excellent, averaging approximately 94-95%. Sixteen holes have been completed at HQ diameter for resource infill and possible expansion, and 23 holes have been completed at PQ diameter," the company said.
Cutting and sampling of core is also underway and 1,250m have been cut to date. The first nine batches of samples, 240 in total, have been shipped to ALS's lab in Arequipa. The company anticipates receiving the first assay results in April depending on the lab turnaround time.
Aftermath is a leading Canadian junior exploration company focused on silver, and aims to deliver shareholder value through the discovery, acquisition and development of quality silver projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement.
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