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Pacifica Silver ( (TSE:PSIL) ) has provided an update.
Pacifica Silver has expanded its Phase II drill program at the Claudia Silver-Gold Project in Durango from 12,000 to 20,000 metres, following a recent $23 million financing and new permits allowing extensive additional drill sites. The enlarged campaign targets high-grade zones at the Aguilareña and Justina veins and new southern targets Mina Vieja and Mina de Oro, with three rigs active and assays pending, underscoring an aggressive push to grow resources by mid-2026.
The company has also strengthened its technical leadership by appointing veteran exploration geologist Dr. Steven I. Weiss as interim vice-president of exploration, while former VP Octavio Lizardi moves into a senior structural geologist role to maintain continuity on epithermal vein targets. In parallel, Pacifica has switched auditors to Davidson & Company LLP with no reportable issues cited, signaling both corporate and technical upgrades as it advances its Mexican exploration strategy.
The most recent analyst rating on (TSE:PSIL) stock is a Buy with a C$2.85 price target. To see the full list of analyst forecasts on Pacifica Silver stock, see the TSE:PSIL Stock Forecast page.
More about Pacifica Silver
Pacifica Silver Corp. is a Canadian resource company focused on its 100%-owned Claudia silver-gold project in Durango, Mexico. The 11,876-hectare property covers most of the historic El Papantón mining district, where multiple high-grade silver and gold vein systems have been identified but remain largely under-drilled.
Average Trading Volume: 278,155
Technical Sentiment Signal: Buy
Current Market Cap: C$92.85M
See more data about PSIL stock on TipRanks’ Stock Analysis page.