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Capitan Mining ( (TSE:CAPT) ) has issued an update.
Capitan Silver Corp has announced the commencement of its Phase 1 exploration program for 2025 at the Cruz de Plata Project in Durango, Mexico. The program, supported by a recent C$5.3M equity financing, will involve 10,000 metres of reverse circulation drilling targeting high-priority silver zones. The exploration will focus on defining high-grade silver mineralization at the Jesus Maria zone and exploring the Gully Fault zone, which shows potential for high-grade silver and gold mineralization. This initiative is expected to enhance Capitan’s resource base and strengthen its position in the silver mining industry.
More about Capitan Mining
Capitan Silver Corp is a mining company focused on high-grade silver exploration and development. Its primary project is the Cruz de Plata Project located in Durango, Mexico, where it aims to discover and delineate significant silver mineralization.
YTD Price Performance: 23.18%
Average Trading Volume: 45,368
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.81M
For detailed information about CAPT stock, go to TipRanks’ Stock Analysis page.