Aftermath Silver

Financials:

Primary ticker: TSXV:AAG, OTCQX:AAGFF
Stage of development: Exploration
Primary minerals: Silver, Gold, Copper and Manganese
Project to promote: Berenguela, Challacollo
Project location: Peru, Chile
Website: www.aftermathsilver.com

Corporate presentation: Click here

Aftermath Silver Ltd is a leading Canadian junior exploration company focused on silver, and aims to deliver shareholder value through the discovery, acquisition and development of quality silver projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The Company’s projects have been selected based on growth and development potential.

Berenguela Silver-Copper project. The Company has an option to acquire a 100% interest through a binding agreement with SSR Mining. The project is located in the Department of Puno, in southern central Peru. A NI 43-101 Technical Report on the property was filed in February 2021. The Company recently completed Phase 1 drilling at Berenguela and is currently working to complete a current resource estimate, ahead of metallurgical testwork and completion of a PEA. Longer term, management is planning to advance the project through a pre-feasibility study.

Challacollo Silver-Gold project. The Company has an option to acquire 100% interest in the Challacollo silver-gold project through a binding agreement with Mandalay Resources; see Company news release dated June 27th, 2019. A NI 43-101 mineral resource was released on December 15, 2020. The Company is currently permitting road access in anticipation of an upcoming drill program.

Cachinal Silver-Gold project. The Company owns a 100% interest in the Cachinal Ag-Au project, located 2.5 hours south of Antofagasta. On June 10, 2022 the Company announced the sale of Cachinal to Honey Badger Silver Inc. for cash, shares and payments based on future production.

Cash: CAD$1.5M
Debt: NIL

Major shareholders:
Eric Sprott – c.17%
Management Ownership – 4%

Management Profile

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.

What is your rationale for taking part in 121 Mining Investment?

Raising awareness of the Aftermath Silver’s portfolio of projects

What recent news would you like to highlight to investors attending?

12 October, 2002 – Aftermath Silver Announces C$2.0-million Non-Brokered Private Placement

8 September, 2022 – Aftermath 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

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Completion of a resource estimate for Berenguela. Initiation of Phase 2 metallurgical testwork.

6 Months:
Initiation of a PEA for Berenguela.

12 Months:
Completion of a PEA for Berenguela. Start up of drilling at Challacollo.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Key risks are
1) 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.

What do you think makes your company such a compelling investment?

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.

What are the top 3 key investor takeaways?

  • Large Ag resource with co/by-product Cu and Mn.
  • Advanced projects close to infrastructure.
  • Highly experienced management.