Argenta Silver Corp. Grants 4.6 Million Stock Options

Argenta Silver Corp. has granted 4,599,000 stock options to directors, officers, employees, and consultants. The options are exercisable at CAD$0.30 per share for a period of five years and will vest over three years. The grant is subject to TSX Venture Exchange approval. Argenta is focused on silver exploration and aims to create long-term value for shareholders.

Argenta Silver Corp. (TSXV: AGAG) has announced the successful completion of Phase 1 of its 2025 exploration program at the El Quevar Project in Salta Province, Argentina. The program, which began on January 3, 2025, involved systematic surface mapping, drill core re-logging, geochemical sampling, and advanced spectroscopic analysis to enhance the geological understanding of the Quevar South deposit. The results from Phase 1 have identified high-priority drill targets for Phase 2, which is expected to commence in Q2 2025.

Key highlights of Phase 1 include the re-logging of 23,500 meters of historical drill core, representing over 32% of the total drilling at the Yaxtché deposit. This effort has led to updated interpretations and the identification of key structural and lithological controls on mineralization. Geological modeling is underway, and over 800 samples from previously untested intervals have been collected for geochemical analysis. Additionally, 6,000 samples were analyzed using NIR/SWIR technologies to provide insights into hydrothermal alteration patterns and lithological boundaries. A new geological database has been implemented to unify and validate datasets, improving future modeling and targeting. Regional mapping and surface sampling have also been completed, with over 700 soil samples and approximately 200 rock chip samples collected.

In a statement, Joaquín Marias, Chief Executive Officer of Argenta, commented, "The completion of Phase 1 marks a major technical milestone for Argenta, setting strong foundations for what is coming next. Through the application of modern tools, detailed analysis, and fresh eyes on the project, we have built a much stronger geological model. Our reinterpretation has revealed patterns and vectors of mineralization that were not previously evident. This new understanding positions us to move forward with greater precision and confidence as we enter the drilling stage."

Phase 2 of the exploration program is anticipated to commence in Q2 2025, with approximately 4,000 meters of drilling planned. The program will focus on validation drilling, step-out drilling, and exploration drilling to test new targets generated from the updated model. The Company is currently finalizing target prioritization and logistical planning.

In addition to the exploration updates, Argenta Silver Corp. has granted 4,599,000 stock options to directors, officers, employees, and consultants. The options are exercisable at CAD$0.30 per share for a period of five years and will vest over three years, subject to TSX Venture Exchange approval.

Argenta Silver Corp. is a focused silver exploration company committed to advancing projects that support the global energy transition. Its mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America.

References:
[1] https://finance.yahoo.com/news/argenta-completes-phase-1-2025-230500211.html