Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Pacifica Silver ( (TSE:PSIL) ) has issued an update.
Pacifica Silver has reported new surface channel sampling results at its Claudia Silver-Gold Project in Durango, Mexico, identifying high-grade silver and gold mineralization in previously underexplored southern areas of the property. The work has extended known mineralization at key veins and zones, including Tres Reyes, Pinolera and Justina, and highlighted the Contraria vein swarm as a significant new drill target.
These results feed into the company’s ongoing 20,000-metre Phase II diamond drill program, where 35 holes totaling over 8,854 metres have already been completed to expand high-grade zones and aggressively test multiple priority targets. In parallel, Pacifica granted 1.4 million incentive stock options to directors, officers, advisors and consultants, aligning management and key personnel with shareholders as the flagship project advances.
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 is a Canadian exploration company focused on advancing its 100%-owned Claudia Silver-Gold Project in Durango State, Mexico. The company targets high-grade silver and gold mineralization through systematic surface sampling and diamond drilling, aiming to delineate and expand mineralized zones across multiple vein systems on the property.
Average Trading Volume: 263,785
Technical Sentiment Signal: Hold
Current Market Cap: C$93.62M
For an in-depth examination of PSIL stock, go to TipRanks’ Overview page.