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54 transcript-backed statements from 4 appearances, covering milestone, country, exploration upside and other company claims. These reflect management's own framing and have not been independently verified.
The project has been historically explored only on 3%. At this moment, after 1 year of work, we have increased the exploration up to 8%.
We have been drilling step out drill holes. We have been drilling some infield areas or gaps that we found on the resource and these gaps that we found on the resource...We drilled them and finally we hit mineralization.
Only 1% of the property has been thoroughly explored.
we have multiple intercepts, historical intercepts of drilling with grades above the kilogram of sil. So wow, I have in the table here a sample that has 13 m at over 5 kilograms. So sorry, over 2 kilograms.
This is one of the only pure silver place in the world, right?
This is a pure silver play. They are extremely rare. There is no copper, no lead, no zinc and no gold in the existing resource.
It's an immensive volcanic complex. It's a massive volcanic complex and as I told you only 1% has been thoroughly explored.
the resource itself, which is uh 50 around 50 million oz of pure silver.
The existing resource is 45.3 million ounces of silver at 482 grams per ton and there are 4.1 million ounces of silver at 417 grams per ton on the infer category.
This is a project with a 45.3 million ounces of pure silver on the indicated category and 4.1 million ounces on the inferred category at 417 grams per ton.
45.3 million oz of pure silver at 482 g per ton of pure silver.
on the indicated category the grade is 480 grams per ton. Uh the project we acquire it with all infrastructure in place uh with 60 kilometers of roads a camp for 100 people. Externally it has as well a railroad, a power line, a road and a gas pipeline coming to the project.
90% of that it's on the indicated category.
The resource is on the indicated category, 43 uh sorry, 45.3 million oz of pure silver at 482 g per ton of pure silver.
And that money with the money that we already have has converted into a treasury of $24 million Canadian dollars that we have now in the treasury.
It makes sense that at some point we will spend part of that money in drilling. So, we will have to go and look for more out in the market.
Remember that we acquire this project for $3.5 American million American dollars.
We have no pending payments, no debts. And with the $24 million, we are going to embark ourselves in this 15,000 meters of drill.
We have $11 million in the bank. uh no pending payments and no depth.
We have 11 million Canadian dollars. Okay. In the mark, in the bolt, y and uh we are really well cached up.
we raised the actually there was a bot deal. The bot deal was for $15 million and one of our biggest shareholders did use of his pro rider, right? So, he put $2.5 million for keeping his pro
We have $11 million in the bank. uh no pending payments and no depth.
the $15 million that we raised in September from last year to start this company, it was a nonbroker deal because we could move things in between us to make them happen.
this company was created on October 2024 and that we start drilling on May 2025. So it's been only one year of drilling during 2025.
We will start drilling probably 12 to 15,000 meters on the Argentine summer that it's winter in North America. It's summer in Argentina. So in between uh November and May, November from this year and May from the other year, I hope that we will be completing 15,000 mters of drilling
We are drilling 4,000 mters. That 4,000 mters will be completed next week. Uh we are in the by the beginning of September. So by midepptember we will be completing this 4,000 m.
I hope that during the summer of Argentina in between October and April we can drill much more. I hope or I envision at least 10,000 mters of drilling
So now we are going to drill only 4,000 meters until probably September of or October.
we formed this company in October of 2024. Um, after I identified an opportunity in August.
We are now in a 4,000 meter program which we have already drilled a quarter of that. So 1,000 meters have been drilled so far.
We hopefully will have that uh for the incoming month.
the north of Argentina in the province of Salta.
The project is located in the north of Argentina in the Sulta province.
The opportunity that I identified, it's a project that is located in the north of Argentina in the province of Salta.
So when we decided to bring this company into Argentina and to acquire Elvar project, it took me very very small time for me to put everything together.
It's the heart of the lithium triangle and Argentina now it's pushing for more into the future.
We end up buying the project which is located in the north of Argentina in the province of Salta
The opportunity that I identified, it's a project that is located in the north of Argentina in the province of Salta.
We were ranked number 30 on the TSX Venture 50 with a great performance on share appreciation and market cap appreciation.
my background it's mostly in exploration. I have worked for private owned companies and that gave me an opportunity to be in many roles with only one hat, you know.
I'm a geologist. I'm I was born in Argentina, and I've been working for the Fiore Group around, uh, I would say almost 5 years now.
we drill one meter at 18,467 gs per ton of silver. Uh that was within a larger intercept of 40 mters at 1,026 g per ton of pure silver.
a concentrate that could be in between 10 to 13 and 1/2 kg per ton of silver.
the previous results are pointing out a recovery of in between 90%, 93%, and in some cases 96% recovery of silver.
around 0.4% arsenic and around 1 to 2% antimony.
This is 100% silver. We have no lead, no zinc, no copper in there.
Every claim above was said by Joaquín Marias in the interview it is dated to, and carries their own words. Nothing is added from filings, and nothing has been checked against them. Transcripts are automated — clearly mis-heard words are corrected for readability, never figures, dates or the speaker's own hedges. Not financial advice: an executive discussing their own company has an interest in it.
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