Silverco Mining Commences 30,000-Meter 2026 Drill Program at Cusi, Targeting Massive Step-Out Potential and Regional Blue-Sky Prospects

Core Viewpoint - Silverco Mining Ltd. has launched a fully funded 30,000-meter exploration program at its 100% owned Cusi Mine in Mexico, focusing on resource expansion and operational restart preparations [1][3]. Exploration Program Highlights - The exploration program aims to aggressively expand resources and test high-potential exploration targets across the Cusi property [2]. - The program will utilize both surface and underground drilling rigs, with an even split between the two [1]. Key Areas of Focus - San Juan: The program will explore a significant extension across the Cusi fault, with previous drilling results showing 6.8 meters grading 255 g/t AgEq, indicating a potential continuation of the San Juan vein [3][4]. - San Miguel: This area has indicated resources of 1.3 million tonnes at 258 g/t AgEq and inferred resources of 2.03 million tonnes at 249 g/t AgEq. The 2026 drilling campaign will test beyond current resource boundaries [7][10]. - Promontorio: Underground drilling will focus on validating and increasing the definition of initial mining areas, with initial mining expected to begin on the Promontorio East veins, which have high-grade material [11][12]. Resource Estimates - San Juan Mineral Resource Estimate: - Indicated: 0.16 million tonnes at 232 g/t AgEq - Inferred: 0.12 million tonnes at 295 g/t AgEq [6]. - San Miguel Mineral Resource Estimate: - Indicated: 1.3 million tonnes at 258 g/t AgEq - Inferred: 2.03 million tonnes at 249 g/t AgEq [10]. - Promontorio East Mineral Resource Estimate: - Measured: 0.53 million tonnes at 285 g/t AgEq - Indicated: 0.24 million tonnes at 211 g/t AgEq [14]. Infrastructure and Location - The Cusi Property is located in Chihuahua State, Mexico, within the Sierra Madre Occidental gold-silver belt, featuring existing infrastructure such as a 1,200 ton per day mill and paved highway access [19][20].