Pacifica Silver Unveils New High-Grade Discovery at Claudia Project in Mexico

Pacifica Silver ( (TSE:PSIL) ) has shared an update.

Pacifica Silver reported a new high-grade gold and silver discovery at the previously undrilled Justina vein within its Claudia Silver-Gold Project in Durango, Mexico, highlighted by 2.10 metres grading 3.53 g/t gold and 460 g/t silver, including 0.80 metres of 9.01 g/t gold and 1,175 g/t silver. The results, part of an 8,000-metre Phase I drill program that has now completed 30 holes, extend mineralization at depth, confirm the presence of a robust high-grade system, and set up follow-up step-out drilling and testing of additional southern targets as the company awaits assays from nine remaining holes in the project’s northern area.

Additional intercepts from the Aguilareña and Central vein areas, including multi-metre intervals of gold and silver mineralization, further support the continuity of mineralized structures across the project. The combination of new discoveries at Justina and confirmation of extensions at Central and Aguilareña enhances Claudia’s exploration potential and could strengthen Pacifica Silver’s position in the Mexican silver-gold exploration space as more results are released in the coming weeks.

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 mineral exploration company focused on silver and gold projects. Its flagship asset is the 100% owned Claudia Silver-Gold Project in the historic El Papantón Mining District in Durango, Mexico, where the company is advancing a maiden drill campaign targeting multiple high-grade epithermal vein systems.

Average Trading Volume: 225,894

Technical Sentiment Signal: Buy

Current Market Cap: C$90.27M

See more data about PSIL stock on TipRanks’ Stock Analysis page.