Aftermath is one of the leading silver development stories based on the 165Moz silver between the Berenguela and Challacollo Projects. Berenguela also has a strong copper component, but the manganese could be worth as much as the silver and copper combined given the emergence of a strong battery metals manganese sulphate market.
Both projects are potentially large open pittable mines, which is exceedingly rare in the silver space and will be highly sought after due to their economics. Both projects are located near infrastructure and lend themselves to the Green Metals narrative. Berenguela has the potential to be a company maker project and Challacollo looks like it could be a minimum 10-year open pit silver mine.
Eric Sprott – c.17%
Management Ownership – 4%
Ralph Rushton – President, CEO and Director
Mr. Rushton holds a BSc in geology (Portsmouth University, UK), an MSc. in economic geology (University of Alberta, Canada) and a certificate in business communications from Simon Fraser University. He has significant exploration and mining experience in a number of geological settings and terrains working for Anglo American PLC and Rio Tinto. Since 2016 he has worked in business development and marketing for a number of junior resource companies. He is a director of 4 TSX.V companies, and an adviser to two other exploration companies. He has helped to raise over $400-million through equity financings to finance exploration and development programs in Latin America, Scandinavia and Eastern Europe.
Raising awareness of the Aftermath Silver’s portfolio of projects
8 September, 2022 – Silver Announces Proposed Warrant Extension
31 August, 2022 – Aftermath Silver Drills 72.0m @ 1.20% Cu + 65 g/T Ag; and 22.30m @ 247 g/T Ag + 0.56% Cu including 7.0m @ 593 g/T Ag + 1.26% Cu at Berenguela Project in Peru.
11 August, 2022 – Aftermath Silver Announces Completion of Challacollo Acquisition
5 July, 2022 – Aftermath Silver drills 25.3m @ 452 g/T Ag + 1.63% Cu including 9.3m @ 655 g/T Ag + 1.59% Cu; and 86.6m @ 1.57% Cu + 82g/T Ag at Berenguela Project in Peru
13 June, 2022 – Aftermath Silver drills 35.9m @ 508 g/t Ag + 1.11% Cu including 8.65m @ 1,010 g/t Ag and 1.48% Cu at Berenguela Project in Peru
Completion of a resource estimate for Berenguela. Initiation of Phase 2 metallurgical testwork.
Initiation of a PEA for Berenguela.
Completion of a PEA for Berenguela. Start up of drilling at Challacollo.
Key risks are1) technical – completion of metallurgical testwork for Berenguela; 2) political – perception of political risk, particularly in Chile; 3) financing – ability to fund our full project development wish list for Berenguela and Challacollo.
Berenguela gives investors exposure to a large resource of metals (Ag, Cu, Mn) critical to the green tech / EV industries in an open pit project, close to all required infrastructure.
Large Ag resource with co/by-product Cu and Mn. Advanced projects close to infrastructure. Highly experienced management.