Zacatecas Silver Receives Drill Permit for El Cristo, Supporting 2026 Drill Program Aimed at Increasing Existing Silver Resource at the Zacatecas Silver Project
Globenewswire·2026-03-16 10:30

Core Viewpoint - Zacatecas Silver Corp. has received a drill permit from Mexico's SEMARNAT for the El Cristo vein system, marking a significant step towards its 2026 drilling campaign aimed at defining a maiden silver resource at El Cristo and advancing its existing inferred mineral resource at the Panuco vein [1][2][9] Drilling Program and Permit Details - The approved drilling program will commence soon, allocating approximately 2,800 meters for El Cristo as part of a total of 4,000 meters, with the remainder focused on the Panuco vein [3] - The drilling is fully financed, with a contract signed with Major Drilling (Mexico), and surface access agreements with private landowners have been secured [3] Historical Work and Resource Potential - The El Cristo vein system has shown promising results since initial drilling in 2022, with 22 out of 28 drill holes intersecting mineralization over a strike length of more than 3 kilometers, indicating significant untested potential [4][5] - The 2026 drill program aims to expand resource-defining potential by testing extensions of the system and following up on historical drilling results [7] Panuco Deposit - The drilling program will also focus on the Panuco deposit, which has a current inferred resource of 20.5 million ounces of silver equivalent, providing a strong foundation for future expansion [6][11] - The resource at Panuco is open in multiple directions, enhancing the potential for growth as part of the broader exploration strategy [6] Management Commentary - The CEO of Zacatecas Silver emphasized the importance of the drill permit as a regulatory achievement and expressed excitement about the exploration program designed to rigorously test the near-surface resource potential at El Cristo [9]

Zacatecas Silver Receives Drill Permit for El Cristo, Supporting 2026 Drill Program Aimed at Increasing Existing Silver Resource at the Zacatecas Silver Project - Reportify