Silverco Mining Reports High-Grade Silver Intercepts at Cusi Mine
Silverco Mining Ltd. (TSXV:SICO) reported new underground drill results from the Promontorio zone at its 100%-owned Cusi Mine in Mexico. Highlighting the updates, hole UGCU26-09 intersected 1,280 grams per tonne of silver over a true width of 3.35 meters. Following the announcement, shares of Silverco Mining Ltd. fell 2.79% to 8.72 CAD.
The high-grade drill intercepts are located within areas planned for first-year mining, providing greater confidence in initial production stopes. High grades in these near-term zones could enhance early cash flow as operations resume.
Silverco Mining Ltd. is currently conducting an ongoing 30,000-meter drill program throughout 2026. The company is targeting a production restart in the fourth quarter of 2026 and plans to release an updated mineral resource estimate in the first half of 2027.
Key points
- Silverco Mining intersected 1,280 g/t silver over a 3.35-meter true width at the Cusi Mine in Mexico.
- The drill results come from initial mining zones scheduled for the planned fourth-quarter 2026 restart.
- An ongoing 30,000-meter drilling program is active, with an updated resource estimate set for H1 2027.
- Silverco Mining Ltd. stock slipped 2.79% to 8.72 CAD following the announcement.
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How we writeDisclaimerQuestions and answers
What were the key drill results from Silverco Mining at the Cusi Mine?
Silverco Mining reported hole UGCU26-09 intersected 1,280 grams per tonne of silver over a true width of 3.35 meters at the Promontorio zone of its Cusi Mine.
When will Silverco Mining restart production at the Cusi Mine?
Silverco Mining targets restarting production at the Cusi Mine in the fourth quarter of 2026, supported by high-grade drill intercepts in initial mining areas.
What are Silverco Mining's upcoming operational milestones?
Silverco Mining is advancing an ongoing 30,000-meter drilling program in 2026 and plans to publish an updated mineral resource estimate in the first half of 2027.