Aftermath Silver Completes Final Payment for the Berenguela Silver-Copper-Manganese Project

Core Viewpoint - Aftermath Silver Ltd. has successfully completed the final payment for the acquisition of the Berenguela silver-copper-manganese project ahead of the due date, securing 100% ownership of the project and initiating a comprehensive pre-feasibility study [1][4][3]. Acquisition Details - The final payment was reduced by US$100,000 to US$1.55 million due to an agreement with EMX Royalty Corporation, while SSR Mining Inc. waived the requirement for Aftermath to complete a Pre-Feasibility Study by November 23, 2025 [2]. - The total payment obligations under the Acquisition Agreement amounted to US$13 million, which Aftermath has now fulfilled [5]. Mineral Resource Estimate - As of January 31, 2023, the Berenguela project has a mineral resource estimate of 40.176 million tonnes, with a measured and indicated silver grade of 78 g/t, copper grade of 0.67%, and manganese grade of 2.45% [6][8]. - The inferred resource is estimated at 22.287 million tonnes with a silver grade of 54 g/t and a copper grade of 0.42% [6]. Project Significance - The Berenguela project is considered a critical metals project, and the completion of the acquisition positions Aftermath Silver to capitalize on the growing demand for silver, copper, and manganese [4][1]. - The relative value of the mineral resource by metal is approximately 26% silver, 26% copper, 44% manganese, and 4% zinc [8]. Future Plans - Aftermath Silver is set to initiate a comprehensive pre-feasibility study for the Berenguela project, focusing on the production of silver, copper, and manganese [4].