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ATERRA Launches Phase I Drilling at Totora Copper-Gold Project in Chile

Story Highlights
  • ATERRA has started a 3,000 metre Phase I drill program at Totora to confirm historical results and grow its copper-gold porphyries.
  • The company will follow Totora drilling with Frontera work ahead of a 2026 resource estimate, while dropping the Angie Property to focus on Totora.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ATERRA Launches Phase I Drilling at Totora Copper-Gold Project in Chile

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Cascada Silver Corp. ( (TSE:ATC) ) has provided an announcement.

ATERRA Metals Inc. has begun a 3,000 metre Phase I drill program at its Totora Copper-Gold Project in Chile, targeting the Totora and Frontera porphyry deposits to confirm historical drilling and expand known mineralization. The program includes 2,500 metres of reverse circulation drilling at the Totora porphyry, which already has 10,000 metres of historical drilling outlining mineralization over an 800 metre strike length and to depths of up to 500 metres.

Following work at Totora, ATERRA plans roughly 500 metres of diamond drilling at the Frontera Deposit to validate historical resource estimates previously reported under the JORC Code. The company aims to integrate new and historical data into a resource estimate expected in the third quarter of 2026 and has terminated its option agreement on the Angie Property to concentrate capital and technical efforts on advancing Totora as its key growth asset.

The most recent analyst rating on (TSE:ATC) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Cascada Silver Corp. stock, see the TSE:ATC Stock Forecast page.

Spark’s Take on ATC Stock

According to Spark, TipRanks’ AI Analyst, ATC is a Neutral.

The score is driven primarily by weak financial performance: no revenue, widening losses, and worsening cash burn that heighten funding/dilution risk despite having no debt. Technicals are also weak with bearish momentum, though oversold signals modestly temper the downside. Valuation is constrained by a negative P/E and lack of dividend support.

To see Spark’s full report on ATC stock, click here.

More about Cascada Silver Corp.

ATERRA Metals Inc. is a mineral exploration company focused on copper-gold projects in Chile, with its flagship 1,811-hectare Totora Copper-Gold Project in Region III. The property hosts multiple near-surface copper-gold porphyry systems, including the Totora and Frontera deposits, positioning the company within the Latin American copper-gold exploration space.

Average Trading Volume: 615,920

Technical Sentiment Signal: Sell

Current Market Cap: C$5.23M

For a thorough assessment of ATC stock, go to TipRanks’ Stock Analysis page.

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