New Risk • Mar 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Ankündigung • Feb 13
Aftermath Silver Ltd. Launches Berenguela Pre-Feasibility Study Aftermath Silver Ltd. announced the commencement of a Pre-Feasibility Study for its Berenguela silver- copper-manganese project in southern Peru, marking a key milestone in the Company's strategy to advance the Project toward a production decision. The decision to advance Berenguela to a PFS follows the completion of a CAD 20 million equity financing and an 82-hole infill drilling program completed in 2025 that intercepted mineralization in 95% of the holes. The updated Mineral Resource Estimate materially improved confidence in the geological model and confirmed robust silver and copper mineralization across key zones, underpinning the Project's progression to the next stage of development. The PFS will build on the improved geological confidence delivered by the infill drilling program and represents the next major milestone on the Company's development pathway. Ankündigung • Feb 03
Aftermath Silver Ltd. Announces Executive Changes Aftermath Silver Ltd. announce the appointment of Mr. Danny Keating as Chief Operating Officer ("COO"). Mr. Keating is a Mining Engineer with 30 years of experience in mine development, processing and project execution. His appointment strengthens the Company's operational leadership as Berenguela enters a key phase of technical evaluation and de-risking.Michael Parker, a director of the company and Aftermath's current COO and Qualified Person, has been appointed to the role of Technical Director leading the Peruvian team and overseeing the exploration and development of Aftermath's Chilean projects.Danny Keating Chief Operating Officer: Mr. Keating has held senior executive roles, including CEO of TSX-V-listed Giyani Metals, an advanced manganese battery metals company, as well as leadership positions with Alufer Mining, Dynamic Mining and ASX-listed Lindian Resources. He began his career with Anglo American and Gold Fields and later worked in investment banking and corporate finance with Collins Stewart and ABN AMRO. Michael Parker, a fellow of the AusIMM and a non-independent director of Aftermath, is a non-independent qualified person, as defined by National Instrument 43-101. Mr. Parker has reviewed and approved the technical content of this news release and the form and context in which it appears. Ankündigung • Jan 17
Aftermath Silver Ltd. Files Technical Report on the Berenguela Silver-Copper- Manganese Deposit Aftermath Silver Ltd. has filed a technical report (the "Berenguela Technical Report") on the Berenguela silver-copper-manganese deposit located in the Department of Puno in southern Peru. The Report presents a new Mineral Resource Estimate for the Berenguela Silver-Copper- Manganese Project together with recommendations for further metallurgical and engineering work with the objective of completing a preliminary feasibility study during 2026. The company is now proceeding to initiate advanced engineering work on the project focused on commercializing the flowsheets for silver, copper and zinc recovery and the potential manganese products, which include battery grade manganese sulphate (MnSO4). The Berenguela Technical Report, titled "NI 43-101 Technical Report, Mineral Resource Estimate for theerenguela Project Province of Lampa, Department of Puno, Peru", is filed in accordance with National Instrument 43-101 ("NI 43-101") and was completed by BBA International (Canada) Inc. ("BBA"), with an effective date of November 30, 2025. The Qualified Persons for the Berenguela Technical Report are D. Nussipakynova, P. Geo. (BC & ON), D. Evangelista, P.Eng. (BC), and B. Arthur, PE (SME-Registered Member). Mineral Resource Estimate. Table 1. The Company owns 100% interest in the Berenguela Ag-Cu-Mn project located in the Department ofpuno, in southern central Peru. A current NI 43-101 mineral resource estimate was published on December 4, 2025 and a NI43-101 Technical Report was published January 16, 2026. Challacollo Silver-Gold project. The Company owns a 100% interest in the Challacollo silver-gold project which was acquired from Mandalay Resources; see Company news release dated August 11, 2022. A NI 43-101 mineral resource was released on December 15, 2020 (available on SEDAR and the Company's web page). The Company is currently drilling at Challacollo. Cachinal Silver-Gold project. The company owns a 100% interest in The Cachinal Ag-Au project, located 2.5 hours south of Antofagasta. On February 15, 2023, Aftermath announced it had signed a Share Purchase Agreement an agreement to sell Cachinal to Honey Badger Silver Inc. On September 16, 2020, the Company released a CIM compliant Mineral Resource and accompanying NI 43-101 Technical Report. Ankündigung • Jan 06
Aftermath Silver Ltd. (OTCPK:AAGF.F) completed the acquisition of Berenguela Silver-Copper Project from SSR Mining Inc. (TSX:SSRM). Aftermath Silver Ltd. (OTCPK:AAGF.F) entered into a binding Letter of Intent to acquire Berenguela Silver-Copper Project from SSR Mining Inc. (TSX:SSRM) for $15.2 million on July 22, 2020. Aftermath Silver Ltd. signed a definitive acquisition agreement to acquire Berenguela Silver-Copper Project from SSR Mining Inc. on September 30, 2020. Aftermath Silver and SSRM have agreed to a total consideration of $13 million made in staged cash payments and CAD 3 million ($2.24094 million) in Aftermath Silver common shares as follows; $1 million deposit, to be paid within 48 hours of signing the LOI [(paid)]; $1 million cash on the initial closing date of the proposed transaction and CAD 3 million ($2.240946 million) in Aftermath common shares, using the volume weighted average share price five (5) trading days prior to the date of signing the acquisition agreement, capped a maximum 9.9% of Aftermath’s issued and outstanding , if any, to shares, with the remainder be paid in cash; $2.25 million cash to be paid on the 12-month anniversary date of initial closing; $2.5 million cash to be paid on the 24-month anniversary date of initial closing; $3 million cash to be paid on the 48-month anniversary date of initial closing; $3.25 million cash to be paid on the 72-month anniversary date of initial closing.
The agreement was amended on November 23, 2020. The total cash consideration will be decreased by $0.275 million to $12.725 million and increasing the total number of shares issued to CAD 3.36 million ($2.57 million). The Agreement will result in an additional 0.46 million common shares of Aftermath Silver being issuable to SSR Mining at a deemed price of $0.7835 per share for an aggregate of 4,287,049 common shares of Aftermath Silver.
Closing of the acquisition is subject to Aftermath Silver and SSRM having executed and delivered the acquisition agreement, SSRM having reacquired a 100% direct and indirect interest in the Berenguela silver-copper project from Valor Resources Limited, the approval of the TSX Venture Exchange and certain other customary closing conditions. The expected initial closing date of the transaction is November 30, 2020. As of November 23, 2020, initial closing took place. The final closing is expected on November 24, 2026.
As of January 14, 2021, the Company issued 346,279 common shares as a finders’ fee in connection with the acquisition of Berenguela Silver-Copper Project. As of November 29, 2021 EMX Royalty Corporation is pleased to announce receipt of a $2.25 million payment for the Berenguela silver-copper project in Peru from Aftermath Silver Ltd. As on December 2, 2022, EMX has agreed to defer a $2.5 million payment due from Aftermath Silver in November 2022 to maintain the Option in good standing for a period of 12 months such that this payment is now due in November 2023. On November 24, 2025, Aftermath Silver Ltd. (TSX-V: AAG) (OTCQX: AAGFF) (FSE:FLM1) is pleased to announce that it has completed the
final payment to complete the acquisition of the Berenguela silver-copper-manganese project ahead of the November 2026 due date.
Aftermath Silver Ltd. (OTCPK:AAGF.F) completed the acquisition of Berenguela Silver-Copper Project from SSR Mining Inc. (TSX:SSRM) on January 5, 2026. New Risk • Dec 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Ankündigung • Dec 24
Aftermath Silver Ltd. announced that it has received CAD 20.000025 million in funding from 2176423 Ontario Ltd. On December 23, 2025, Aftermath Silver Ltd. closed the transaction. Ankündigung • Dec 16
Aftermath Silver Ltd. announced that it expects to receive CAD 20.000025 million in funding from 2176423 Ontario Ltd. Aftermath Silver Ltd. announced that it has entered into an agreement with Research Capital Corporation as the sole bookrunner and co-lead agent (and together with Red Cloud Securities Inc. as co-lead agent in connection with a brokered, best-efforts listed issuer financing exemption private placement offering of up to 16,666,667 common shares at a price of CAD 0.90 per Common Share for aggregate gross proceeds to the Company of up to CAD 15,000,000.3 on December 15, 2025. Returning investor Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the Offering for up to CAD 10,000,000. The Company will grant the Agents an option (the “Agents’ Option”) to increase the size by up to an additional 15% of the number of Common Shares sold in the Offering, by giving written notice of the exercise of the Agents’ Option, or a part thereof, to the Company at any time up to two business days prior to closing of the Offering. Assuming the exercise of the Agents’ Option in full, the Company would issue an aggregate of 19,166,667 Common Shares for aggregate gross proceeds of CAD 17,250,000. The Common Shares offered under the Listed Issuer Financing Exemption will be immediately “free-trading” upon closing of the Offering under applicable Canadian securities laws. The closing of the Offering is expected to occur on or about December 23, 2025 (the “Closing”), or on such date as the Agents and Company may agree upon. Closing is subject to the Company receiving all necessary regulatory approvals, including the conditional approval of the TSX Venture Exchange. The Agents will receive a cash commission of 6.0% of the aggregate gross proceeds of the Offering.
On the same day, It has increased the offering to 22,222,250 common shares of the company at a price of CAD 0.90 per common share for aggregate gross proceeds to the company of up to CAD 20,000,025. The agents will receive a cash commission of 6% of the aggregate gross proceeds of the offering. New Risk • Oct 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$12m free cash flow). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (CA$171k sold). Ankündigung • Sep 30
Aftermath Silver Ltd., Annual General Meeting, Nov 26, 2025 Aftermath Silver Ltd., Annual General Meeting, Nov 26, 2025. Location: british columbia, vancouver Canada Recent Insider Transactions • Sep 12
CEO, President & Director recently sold CA$85k worth of stock On the 10th of September, Ralph Rushton sold around 100k shares on-market at roughly CA$0.85 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Ralph has been a net seller over the last 12 months, reducing personal holdings by CA$127k. New Risk • Jul 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. New Risk • Jul 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Ankündigung • Jun 06
Aftermath Silver Ltd. Provides an Update on Its Berenguela Silver-Copper-Manganese Project Located in the Department of Puno, in Southern Central Peru Aftermath Silver Ltd. provided an update on its Berenguela silver-copper-manganese project located in the Department of Puno, in southern central Peru. The Company has an option (the "Option") to acquire a 100% interest in the Project through binding agreements with SSR Mining Inc. ("SSR") and EMX Royalty Corporation ("EMX") following EMX's assumption of certain interests contained in Aftermath's agreement with SSR. The Company has made a partial payment of USD 1.5-million toward the final property payment ahead of the November 2026 due date. In return, EMX has agreed to reduce the balance due in November 2026 to USD 1.65-million. EMX's interest in Berenguela resulted from EMX's acquisition of a portfolio of royalty interests and payments from SSR and certain of its subsidiaries. EMX's payment obligations, which arise pursuant to a definitive acquisition agreement, originally executed with SSR totaling USD 13-million and other consideration to acquire a 100% interest In the Project, are summarized below (as now amended). The following represent the remaining payments to EMX;; USD 3-million cash to be paid on the May 15, 2025 (Paid); USD 1.5-million cash paid in June 2025; USD 1.65-million cash to be paid in the sixth anniversary of the initial closing date (i.e. November 2026). Ankündigung • May 27
Aftermath Silver Ltd. Provides the Latest Assay Results from Its Phase 2 Diamond Drill Program At the Berenguela Silver-Copper-Manganese Deposit Located in the Department of Puno in Southern Peru Aftermath Silver Ltd. provided the latest assay results from its Phase 2 diamond drill program at the Berenguela silver-copper-manganese deposit located in the Department of Puno in southern Peru. Results are included for another 16 holes from the 82-hole (5,200m) program of diamond core drilling. Assay results for the final 11 holes will be released shortly. Highlights of the current drilling include mineralization reported in AFD129 - AFD130 & AFD135 - AFD136, which were all drilled to the north of the limit of the current (2023) mineral resource: Hole AFD129 intercepted 12.35m* of 302g/t Ag, 0.66% Cu, and 10.64% Mn between 2.40m to 16.75m downhole. The company also cut strong Mn mineralization in the far eastern area of the resource where there has been little previous drilling. The company will be incorporating the latest results into a revised mineral resource estimate which is currently underway. New Risk • Apr 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$114.8m market cap, or US$81.3m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$133.6m market cap, or US$93.2m). Ankündigung • Nov 29
Aftermath Silver Ltd. announced that it has received CAD 10 million in funding from 2176423 Ontario Ltd. On November 28, 2024, Aftermath Silver Ltd. closed the transaction. The company announced that it has now issued 22,222,222 units to be sold at a price of CAD 0.45 per Unit for total gross proceeds of up to CAD 9,999,999.9. The transaction will include participation from 2176423 Ontario Ltd. Each Unit will be comprised of one common share in the capital of the Company and one-half of one transferable Common Share purchase warrant. Each Warrant is exercisable by the holder thereof to acquire one additional Common Share for a period of 36 months from the date of issuance at a price of CAD 0.70 per Warrant Share. All securities issued pursuant to Private Placement are subject to a hold period expiring on March 29, 2025. In connection with the Private Placement, the Company paid an aggregate cash commission of CAD 300,000 to certain finders. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired all 22,222,222 Units for CAD 0.45 per Unit or a total consideration of 9,999,999.9 Ankündigung • Oct 18
Aftermath Silver Ltd. Provides an Update on Recent Metallurgical Studies At the Berenguela Silver- Copper-Manganese Project in Southern Peru Aftermath Silver Ltd. provided an update on recent metallurgical studies at the Company's Berenguela Silver- Copper-Manganese project in southern Peru. The results show a recovery of 95% silver and 89% silver respectively for the 2 composites tested. The standard leach process shows no interference from manganese or other metals. cyanide consumption is less than 1 kg per oz of silver recovered, indicating this is not a significant cost or technical issue. Test work to complete the flowsheet details on Aftermath's Berenguela project is continuing at Kappes Cassiday and Associates' (KCA) Reno facility. Recent work has focused on silver extraction from two composite samples RD2MINA (KCA test 100164) and RD4LOWA (KCA test 100166). Work is continuing on additional composite samples of mineralization. The basic flowsheet involves acid leaching of the mineralization using sulfuric and sulfurous acids to dissolve Cu, Mn, Fe, and Zn, then purifying this solution with the objective of producing silver, copper and High Purity Manganese Sulfate Monohydrate (HPMSM). Flowsheet steps to accomplish this have been completed, and HPMSM has been made from three ore composites which represent over 65% of the resource. The acid leach processes dissolve less than 1% of the silver in the mineralization hence the tailings from the acid leach process will be sent to a standard cyanide leach plant. The current test program builds on metallurgical work carried out by KCA in 2010. Sixteen composite samples weighing over 6 tonnes in total were selected from Aftermath's metallurgical drilling program and delivered to KCA's laboratory in Reno. The composites represent the key geometallurgical domains which cover all mineralization types encountered and form the basis of the current metallurgical processing campaign. Test work is being performed individually or on blends of the samples. Ankündigung • Oct 17
Aftermath Silver Ltd. announced that it expects to receive CAD 10 million in funding from 2176423 Ontario Ltd. Aftermath Silver Ltd. announced a non-brokered private placement that it will issue up to 22,222,222 units to be sold at a price of CAD 0.45 per Unit for total gross proceeds of up to CAD 10,000,000 on October 16, 2024. The transaction will include participation from 2176423 Ontario Ltd. Each Unit will be comprised of one common share in the capital of the Company and one-half of one transferable Common Share purchase warrant. Each Warrant is exercisable by the holder thereof to acquire one additional Common Share for a period of 36 months from the date of issuance at a price of CAD 0.70 per Warrant Share. The Private Placement is subject to approval of the TSXV and disinterested shareholder approval. Approval for the creation of a new Control Person pursuant to the Private Placement will be sought at a meeting of the shareholders of the Company to be held on November 20, 2024. All securities issued with respect to the Private Placement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. A finders fee may be payable in connection with the Private Placement. Ankündigung • Sep 26
Aftermath Silver Ltd. announced that it has received CAD 5 million in funding from 2176423 Ontario Ltd. On September 25, 2024. Aftermath Silver Ltd. has closed the transaction Ankündigung • Sep 24
Aftermath Silver Ltd., Annual General Meeting, Nov 20, 2024 Aftermath Silver Ltd., Annual General Meeting, Nov 20, 2024. Location: british columbia, vancouver Canada New Risk • Sep 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.4m free cash flow). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (CA$116.2m market cap, or US$85.7m). Ankündigung • Apr 12
Aftermath Silver Ltd. announced that it has received CAD 3.85 million in funding On April 11, 2024, Aftermath Silver Ltd., closed the transaction. The company issued 5,367,573 units at a price of CAD 0.22 per Unit for gross proceeds of CAD 1,180,866.14 in its second tranche closing. In connection with the second tranche, the company issued 70,496 finder’s warrants and paid commissions of CAD 15,509.16 to certain finders. Each Finder’s Warrant entitles the holder to purchase an additional Common Share at a price of CAD 0.32 for a period of 24 months from the date of issuance. The company has raised aggregate gross proceeds of CAD 3,850,000 through the sale of 17,500,000 Units in the Private Placement. A director of the company purchased or acquired direction or control over a total of 1,656,318 units as part of the Second Tranche of the Private Placement. New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (CA$60.1m market cap, or US$44.4m). Ankündigung • Mar 22
Aftermath Silver Ltd. announced that it expects to receive CAD 3 million in funding Aftermath Silver Ltd. announced a non-brokered private placement of up to 13,636,363 units at a price of CAD 0.22 per unit for total gross proceeds of up to CAD 2,999,999.86 on March 21, 2024. Each unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable by the holder thereof to acquire one additional common share for a period of 24 months from the date of issuance at a price of CAD 0.32 per warrant share. The company may pay a cash finder’s fees of 6% of the gross proceeds raised from subscribers introduced to the company by the finders; and to eligible parties, such number of finder’s warrants equal to 6% of the number of units acquired by subscribers introduced to the company by the finders. Each finder's warrant will entitle the holder thereof to purchase one share at a price of CAD 0.32 per share for 24 months from the date of issuance. All securities issued with respect to the private placement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. The closing of the private placement is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. Ankündigung • Feb 03
Aftermath Silver Ltd. Identifies Porphyry and Skarn Targets at Berenguela Ag-Cu-Mn Project Aftermath Silver Ltd. provided an update on target generation work underway at the Berenguela Ag-Cu-Mn project in southern Peru. The technical team has been reviewing historic field work carried out by previous operators of the project including Rio Tinto (RTZ). Metallurgical test work is also underway on silver-copper-manganese mineralization and Aftermath anticipates reporting on this work in February. Based on a review of historic geophysical data, Aftermath believes that there is potential for bulk-tonnage porphyry and/or skarn-hosted copper mineralisation approximately 4km to the southwest of the Berenguela Ag -Cu-Mn project. Work is ongoing to further define the targets. Aftermath will also be following up on Hole BED 006, drilled by Silver Standard in 2015 on the northeast corner of the current resource, which returned 123 metres of 1.17% copper, partly associated with brecciated dioritic intrusives. Geochemical Program and Ground Magnetic Survey. In 2018, Valor Resources Ltd. completed a systematic geochemical rock-chip sampling program on a sample spacing of roughly 50m in the southwest of the Berengela concessions; 198 samples were collected. This program was limited to the west and south by the edge of the Berenguela land package, and to the east by lack of outcrop. There was no evidence of outcropping mineralization to the north and no sampling was carried out there. Ankündigung • Sep 30
Aftermath Silver Ltd., Annual General Meeting, Nov 29, 2023 Aftermath Silver Ltd., Annual General Meeting, Nov 29, 2023. Location: Vancouver, BC Vancouver British Columbia Canada New Risk • Sep 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.9m free cash flow). Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (45% increase in shares outstanding). Market cap is less than US$100m (CA$33.5m market cap, or US$24.9m). Ankündigung • May 16
Aftermath Silver Ltd. announced that it has received CAD 8.251367 million in funding from 2176423 Ontario Ltd. On May 15, 2023, Aftermath Silver Ltd. closed the transaction. The company amended the terms of the transaction. The company issued 7,065,200 units at a price of CAD 0.25 per unit for gross proceeds of CAD 1,761,300 in its second and final tranche. The company has received CAD 8,251,361 in the transaction. In connection with the transaction, the company paid fees to eligible finders consisting of an aggregate of CAD 328,782.50, 57,400 Common Shares, and 200,410 Warrants. Each Broker Warrant is exercisable by the holder to acquire one Common Share for a period of 24 months from the date of closing of the Second Tranche of the transaction at a price of CAD 0.35 per share. All securities issued pursuant to the second tranche of the transaction, including the Finder's Shares, are subject to hold period expiring on September 16, 2023, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. Ankündigung • Nov 22
Aftermath Silver Ltd. announced that it has received CAD 4.145563 million in funding On November 21, 2022, Aftermath Silver Ltd. closed the transaction. The company has issued 24,385,666 units for proceeds of CAD 4,145,563. All securities issued pursuant to the Private Placement, including the Finder’s Shares, are subject to hold period expiring on March 22, 2023. Certain directors, officers and other insiders of the Company purchased or acquired direction or control over a total of 335,294 Units. The Company issued an aggregate of 245,739 finder’s shares and paid finder’s commissions of an aggregate of CAD 77,135. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Keenan Hohol was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 20
Aftermath Silver Ltd., Annual General Meeting, Nov 28, 2022 Aftermath Silver Ltd., Annual General Meeting, Nov 28, 2022. Ankündigung • Oct 13
Aftermath Silver Ltd. announced that it expects to receive CAD 2 million in funding Aftermath Silver Ltd. announced a non-brokered private placement of up to 11,764,705 units at a price of CAD 0.17 per unit to raise approximately CAD 2,000,000 on October 12, 2022. Each unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable by the holder to acquire one common share for a period of 24 months from closing of the private placement at a price of CAD 0.27 per share. The closing of the transaction is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. Finder’s fees equal to 7% of the units issued under the transaction, may be paid to eligible parties, payable in either cash or common shares. All of the securities issued with respect to the private placement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Ankündigung • Sep 01
Aftermath Silver Ltd. 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 Aftermath Silver Ltd. provided the final assay results from the 2021-22 diamond drill program at the Berenguela Ag-Cu-Mn project located in the Department of Puno in southern Peru Sixty-three holes were completed during the program for a total of 6,168m of core drilling. Aftermath's technical team is incorporating the drill results into a revised geological interpretation of the Berenguela mineralization which will be used to complete a new NI 43-101 compliant mineral resource estimate later in 2022. Historical mapping and resource modelling shows that the mineralisation extends 1300m along strike (including a 100m length zone with historic open-pit mining but no drilling) with a width of 200 to 400m. Results are included in the table below for the final 12 holes, 8 of which are twins of historic RC holes. Some twin holes targeted moderate or variable grade mineralisation - including higher-grade Cu areas-for planned metallurgical testwork. Highlights include: 72.0m @ 1.20% Cu and 65 g/t Ag in hole AFD-060 from 19.20m downhole; 22.3m @ 247 g/t Ag and 0.56% Cu in hole AFD-063 from 57.65m downhole, including 7.0m @ 593 g/t Ag and 1.26% Cu. The drill campaign delivered excellent results which will be incorporated into a new resource estimate which is underway. Holes drilled on the south-eastern extent of the known mineralisation returned significant copper and manganese intersections confirming the polymetallic, zoned nature of the Berenguela mineralisation. The RC twinning program twinned a selection of RC holes from 2004/05 and 2017, and returned results that compare favourably with historic values. Company has also acquired samples for metallurgical testwork from across various mineralized domains. Aftermath Drilling at Berenguela: The first phase of Aftermath's drill program at Berenguela was completed in May, 2022 with 63 diamond core holes for a total of 6,168m of drilling. All drill results have now been received. A table of collar coordinates, azimuths, dips and final depths for all of AAG's drilling has been posted on Aftermath's website at this link: https://aftermathsilver.com/projects/berenguela/plans-and-sections/Zone of Historic Drilling and Twinned Holes Six RC holes drilled in 2017 were twinned, three in the north-east of the project by holes AFD-052, AFD-053, and AFD-054, and 3 in the south-east by AFD-060, AFD-061 and AFD-062. Two RC holes drilled in 2004/05 were also twinned. Results from the 2021-2 core drilling were on parity with or better than the 2017 assays. Mineralized intercepts in core were also more discrete, which is to be expected when comparing the diamond core with RC drilling methods. In the north-east area, AFD-052, AFD-053, and AFD-055 appear to have been drilled sub-parallel to a steeply dipping mineralised limestone block. Whilst the thickness of the mineralisation was consistent, local grade variations occurred but the overall tenor of the zone was reflected well by the twinning program. A characteristic of the south-east drilling area is the relatively high copper and manganese grades and moderate silver grades in contrast to the north-west area where silver and zinc are relatively higher. All holes reported were drilled in zones with historic drilling as shown on the accompanying sections 1050E, 1100E, 1800E, and 1900E. Ankündigung • Jul 06
Aftermath Silver Ltd. Provides Additional Assay Results from the Diamond Drill Program At the Berenguela Silver-Copper-Manganese Aftermath Silver Ltd. provided additional assay results from the diamond drill program at the Berenguela silver-copper-manganese located in the Department of Puno in southern Peru. Results are included for 13 holes, 4 of which are twinned historic RC holes. Several twin holes targeted moderate or variable grade mineralisation for specific metallurgical testwork demonstrating an intentional dual purpose to parts of the diamond drill program. Full results are given for the next 13 holes in the table below. Highlights include: 25.30m @ 452 g/t Ag and 1.63% Cu in hole AFD-043 from 74.80m downhole, which includes 5.00m @ 704g/t Ag + 2.67% Cu from 77.80m downhole, and 9.25m @ 655g/t Ag + 1.59% Cu from 86.80m downhole; 86.8m @ 1.57% Cu + 82g/t Ag in hole AFD-056 from surface. The geology of Berenguela has been summarised in Aftermath news releases dated May 4, May 19, June 6 and 13, 2022. Three verification holes were drilled on the extreme east of the known mineralisation and reported in this NR - namely AFD-056, AFD-057, and AFD-058. AFD-056 and AFD-058 cut considerable thicknesses of significant Cu mineralisation (86.80m @ 1.57% Cu from surface in AFD-056), including minor intrusive breccias of a dioritic nature exhibiting Cu mineralisation. In general, accompanying Ag and Mn grades were lower than the more common Berenguela mineralisation indicating a more Cu-rich mineralized domain. These holes confirmed the potential extensions of Berenguela eastwards, also evidenced by multiple adits and mine-workings in a zone up to 350m northeast of the site of AFD-056. Three exploration holes were drilled and reported in this NR; AFD-040, AFD-041, and AFD-042. The target was an undrilled synform in the north and east of the Berenguela mineralisation. Results indicated the presence of weaker Berenguela-style mineralisation, but not so well-developed as the main zones. The program was planned as a combination of resource verification, metallurgical sampling, and confirmation of some historical RC holes. Aftermath's technical team is incorporating the new drilling into a revised geological interpretation of the Berenguela mineralization which will be used to complete a new NI 43-101 compliant mineral resource estimate later in 2022. Historical mapping and resource modelling shows that the mineralisation extends roughly 1300m along strike (including a 100m length zone with historic open-pit mining but no drilling) with a width of 200 to 400m. Zone of Historic Drilling and Twinned Holes: All holes reported to date were drilled in zones with historic drilling as shown on the accompanying sections 1100E, 1450E, 1900E, 1950E, 2000E, and 2200E. The verification and metallurgical drilling is designed to: infill prior drilling patterns for incorporation into a new mineral resource estimate, and recover sufficient sample for metallurgical test work from representative areas of the known mineralisation, and twin historic Reverse Circulation drilling where appropriate. Ankündigung • Jun 14
Aftermath Silver Ltd. 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 Aftermath Silver Ltd. provided additional assay results from the diamond drill program at the Berenguela Ag-Cu-Mn project located in the Department of Puno in southern Peru. The current results include 5 holes which are twins of historic RC holes. Some twin holes targeted moderate or variable grade mineralisation for specific metallurgical testwork demonstrating an intentional dual purpose to parts of the diamond drill program. Full results are given for the next 8 holes in the table below. Highlights include: 35.90m @ 508 g/t Ag and 1.11% Cu in hole AFD-048 from surface, which includes 8.65m @ 1,010g/t Ag + 1.48% Cu from 29.2m downhole; 5.1m @ 1,545 g/t Ag + 1.78% Cu in hole AFD-046 from 17.75m downhole. Of the 8 holes reported here, 5 intercepted Ag-Cu mineralisation from surface. The majority cut Ag-Cu mineralization within 12m of surface. The program was planned as a combination of resource verification, metallurgical sampling, and confirmation of some historical RC holes. Aftermath's technical team is incorporating the new drilling into a revised geological interpretation of the Berenguela mineralization which will be used to complete a new NI 43-101 compliant mineral resource estimate later in 2022. Historical mapping and resource modelling shows that the mineralisation extends roughly 1300m along strike (including a 100m length zone with historic open-pit mining but no drilling) with a width of 200 to 400m. Zone of Historic Drilling and Twinned Holes: All holes reported to date were drilled in zones with historic drilling as shown on the accompanying sections 1100E, 1700E, and 2000E. The verification and metallurgical drilling is designed to: infill prior drilling patterns for incorporation into a new mineral resource estimate, and recover sufficient sample for metallurgical test work from representative areas of the known mineralisation, and twin historic Reverse Circulation (RC) drilling where appropriate. Aftermath Drilling at Berenguela: The first phase of Aftermath's drill program at Berenguela was completed on May 17, 2022 with 63 diamond core holes for a total of 6,168m of drilling. Cutting and sampling of core was completed on May 30 and 5,630m has been cut and 5,485m sampled. 147 batches of samples, 4,700 drill samples in total plus 1,176 check samples, have been shipped to ALS's lab in Arequipa. The Company anticipates receiving all results by mid-July. Ankündigung • Jun 07
Aftermath Silver Intercepts High-Grade Silver at Berenguela, Peru. 65.3 Metres at 408 G/T Silver, 0.91% Copper and 5.9% Mn Including 18.95M at 1,162 G/T Silver, 1.1% Copper and 10.6% Mn Aftermath Silver Ltd. provided additional assay results from the diamond drill program at the Berenguela Ag-Cu-Mn project located in the Department of Puno in southern Peru. The Company previously released assays for the first 20 holes of the program. The first results of Aftermath's twinning of historic RC holes are included in this NR. The higher Cu grades between 73m to 93m are characterised by massive MnO development. Hole AFD-030 (PQ diameter metallurgical hole and twin of BER-006) This hole consists of predominantly intercalated dolomitic limestone and dolomitic siltstones until the footwall arenite is encountered at 80.3m. The upper portion, mineralised to 38.20m, has selective replacement of dolomite by MnO (higher replacement and grades in the purer dolomite portions of the stratigraphy). Hole AFD-031 (PQ diameter metallurgical hole and twin of BER-013) This hole cut intercalated dolomitic limestone and dolomitic siltstones until the footwall arenite is encountered at 103.10m. Selective replacement of dolomite by MnO defines mineralisation, generally more towards the base of the hole. Hole AFD-032 (PQ diameter metallurgical hole and twin of BER-165) The hole cut intercalations of beds of dolomite and dolomitic siltsone until the footwall evaporites at 94.5m. Typical moderate MnO replacement forms the mineralisation from 37 to 92m (approx.). Hole AFD-033 (PQ diameter metallurgical hole and twin of BER-164) The hole consists of intercalations of beds of dolomite and dolomitic siltsone until a sedimentary breccia at 76.6m. The mineralisation is typically massive replacement of dolomites by MnO. Ge AFD-034 (PQ diameter metallurgical hole and twin of BER-185) This hole cut intercalated limestones and siltstones until 70.5m where a sedimentary breccia is encountered. Footwall evaporites were hit at 85.55m. Pervasive, but not total, MnO replacement has taken place and the higher-grade Ag mineralization is associated with a dark mottled partially MnO-replaced dolomitic limestone. Exceptionally high-grade Ag areas, such as 39 to 59m (approx.) appear to have portions of yellow residual clay (after altered limestone) called "panizo" much sought after by early miners due to its high silver content. Hole AFD-027 (PQ diameter metallurgical hole and twin of BER-009) This hole cut sedimentary breccias to 26.75m underlain by a massive dolomitic limestone until 84.90m where the footwall arenites are encountered. Patchy Mn replacement becomes more massive at 54m where the main bulk of the mineralisation persists until 84m. Hole AFD-028 (PQ diameter metallurgical hole and twin of BER-008 and BER-011) The upper part of the hole to 38m consists of a sedimentary breccia, underlain by a massive dolomitic limestone until 77.85m where the footwall arenites were cut. The footwall evaporites start at 81.10m. Two well-developed zones of MnO mineralisation are developed from 8.60 to 31.60m (in the sedimentary breccia) and from 37.20 to 74.80m in more massive dolomite with characteristic "leopard spot" chemical replacement textures as the MnO has infiltrated limestones. Both zones are very dark coloured, MnO rich rocks. Ankündigung • May 20
Aftermath Silver Ltd. Provides Additional Assay Results from Diamond Drilling At the Berenguela Ag-Cu-Mn Project Aftermath Silver Ltd. provided additional assay results from diamond drilling at the Berenguela Ag-Cu-Mn project located in the Department of Puno, in southern central Peru. The Company has an option to acquire a 100% interest in the project from SSR Mining. Aftermath has been drilling at Berenguela since December, 2021 and is planning to advance the project through a pre-feasibility study. A total of 6,168.15m in 63 diamond core holes has been drilled to date which completes the phase 1 diamond drilling program. The Company released assays for the first 6 holes of the current drill program on May 4, 2022.Full results are given for the next 14 holes are in the table below. Highlights include: 8m at 804 g/t Ag and 0.45% Cu in hole AFD-020 from 56.5m downhole, a high-grade copper intercept in hole AFD-010 which returned 5.15m @ 5.03% Cu from 58.90m downhole. In 5 holes Ag-Cu mineralisation was intercepted from surface and the majority of the holes cut Ag-Cu mineralization within 10m of surface. The program was planned as a combination of resource verification, metallurgical sampling, and confirmation of some historical RC holes. Aftermath's technical team is incorporating the new drilling into a revised geological interpretation of the Berenguela mineralization which will be used to complete a new NI 43-101 compliant mineral resource estimate later in 2022. Historical mapping and resource modelling shows the mineralisation to extend for roughly 1300m along strike (including a 100m discontinuity) with a width of 200 to 400m. Zone of Historic Drilling: All holes reported to date have been drilled in zones with prior drilling as shown on the accompanying sections 1200E, 1500E, 1550E, and 1700E. The verification and metallurgical drilling is designed to 1) infill prior drilling patterns for incorporation into a new mineral resource estimate, and 2) recover sufficient sample for metallurgical test work from representative areas of the known mineralisation. In both cross sections in this release, all historic drilling was Reverse Circulation. The results of the new diamond drilling reported here conform well to historic results, both in the overall tenor of the metals and the thickness of mineralisation. No RC holes were twinned by diamond drilling in holes reported in this NR so direct comparisons cannot be made. Drilling at Berenguela: Aftermath's drill program at Berenguela has progressed well and the first phase of diamond drilling has now terminated. To date (May 17, 2022), the team completed 63 diamond core holes for a total of 6,168.15m of drilling. Core recoveries continued to be excellent, averaging approximately 94-95%. Twenty-five holes have been completed at HQ diameter for resource infill and possible expansion, and 38 holes have been completed at PQ diameter principally for metallurgical sampling. Cutting and sampling of core continues and approximately 4,403m has been cut and 3,844m sampled to date. 104 batches of samples, 3,328 drill samples in total plus 832 check samples, have been shipped to ALS's lab in Arequipa. The Company anticipates receiving regular batches of assay results in the coming months. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Keenan Hohol was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 28
Aftermath Silver Provides Update on Berenguela Ag-Cu-Mn Project Aftermath Silver Ltd. provided an update on progress at its Berenguela Ag- Cu-Mn project in southern Peru. The Company has an option to acquire a 100% interest in the project through a binding agreement with SSR Mining. The project is located in the Department of Puno, in southern central Peru. The company is currently drilling at Berenguela and planning to advance the project through a pre-feasibility study. Drilling at Berenguela: Aftermath's drill program at Berenguela is progressing well. To date, the team has completed 18 diamond core holes for a total of 1,540m. Core recoveries have been excellent, averaging approximately 94%. Ten holes have been completed at HQ diameter for resource infill and possible expansion, and future holes will also test additional targets. Eight holes have been completed at PQ diameter to recover mineralized rock with varying Ag-Cu content for metallurgical test work which is being supervised by Ausenco. A number of holes will be drilled to twin historic RC holes to compare assay data for RC chips versus core samples. Cutting and sampling of core is under way and the samples will be submitted for assay during February. A collar map showing the proposed 2021/22 program is given in the most recent corporate PowerPoint available on Aftermath Silver's website at www.aftermathsilver.com. The drilling program has allowed Aftermath's geological staff to verify the historic mapping data and geological sections. The data, especially from the 2004 and 2005 period which involved the bulk of previous RC drilling, has been found to be of excellent quality and has been confirmed by geological field checks and visual results of the current drill campaign. This has added major impetus to the Aftermath team's understanding of the geology of Berenguela. Metallurgical Testwork: Metallurgical samples will be shipped to Australia, where an ongoing metallurgical program is currently completing pre-concentration magnetic separation test work on low and medium grade composites made from existing core. The metallurgical program is being conducted under the supervision of leading processing and engineering firm Ausenco. Current metallurgical testwork is focused on completion of the first phase of magnetic separation tests on composite mineralized samples, then moving into identification of the optimum process route for the manganese component. Board Change • Jan 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Keenan Hohol was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 21
Aftermath Silver Ltd. Summarizes Challacollo Drill Intersections Outside of Mineral Resource and Updates on the Challacollo Purchase Agreement Aftermath Silver Ltd. provided a summary of the ongoing drill core sampling program and other drill intersections at its Challacollo Silver-Gold project in northern Chile. These intersections are outside of November 2020 Mineral Resource domains, but within the optimised pit shell used to define the material types in the current NI 43-101 compliant Mineral Resource estimate. The 2020 Mineral Resource estimate incorporated sub-parallel veins into the Challacollo estimate for the first time. Importantly approximately 84% of the Indicated and Inferred Mineral Resources are now constrained by an optimised open pit shell. This allows the Company the opportunity to investigate lower grade material and second order high grade veins within that pit shell. Mineralised Stockwork /Breccia - While the higher grade epithermal mineralised structures at Challacollo are able to be recognised visually there are large portions of mineralised stock work /breccia that are less obvious and were not the focus of previous operators, as a result the mineralised breccia has not been consistently sampled. To improve the interpretation of the mineralising system in the hangingwall within the current optimised pit shell the Company has sought to undertake a program of sampling the unsampled historic core. To date approximately 60% of that sampling program is complete. These lower grade zones could potentially be processed using heap leach methods, that would be run in parallel with the agitated leach flow sheet envisaged for the high grade current Mineral Resource. Second Order High Grade Veins - There are also numerous previously unreported intersections in second order high grade vein structures that were not incorporated into the Mineral Resource due to a lack of drill density in the hangingwall. Additional drilling will be required to develop a mineral resource on both the second order higher-grade veins and the lower grade breccia intervals. No metallurgical testwork has been performed on the lower grade mineralisation. As a first step, diagnostic cyanide leach test work will be performed on composites selected from the 2021 sampling program when sampling is complete. Details of the metallurgical testwork on higher grade vein /structure mineralisation can be found in the November 2020 Challacollo Technical Report, an average of 92% for Silver and 75% for Gold was adopted for the Mineral Resource estimate cut off determination. The core sampling program is currently suspended in accordance with COVID-19 restrictions in Chile. Work will resume as soon as its permissible and safe to do so. Diamond holes DCH-07A, 09 and 11, were drilled HQ3 core size. Both of these series of holes were drilled by Mandalay in 2014, but were not sampled over these intervals. These form part of Aftermath's 2021 core sampling program. Aftermath sampled the core on minimum 0.6 m to a maximum of 1.5 m lengths, to match geological boundaries, the average sample length was 1 m. The core was cut in half using a diamond saw. The unsampled core was returned to the core box and stored at the Challacollo core yard. The half core sample was shipped to ALS laboratory in Copiapó, under the supervision of Aftermath field staff, for sample preparation. ALS then dispatch pulps to the ALS laboratory in Lima, Peru for 32 element ICP analysis using ALS code ME-ICP61a, 50 gram fire assay with gravimetric finish for silver, ALS code Ag-GRA22, and 50 gram fire assay for gold with atomic absorption spectrometry finish, ALS code Au-AA24. The Company's QA/QC program monitors sample preparation and analysis. Two certified reference materials and one blank are inserted into the normal core sample sequences every 20 core samples, (i.e., after the 20th core sample 2 CRMs and 1 blank follow, for a total of 23 samples). The qualified person (QP) has analysed the results of the CRM's and blanks and assessed that they do not show any significant contamination during sample preparation or analytical bias. Diamond holes DCH-13 to DCH-36, drilled HQ3 core size, were drilled and sampled by Mandalay in 2014. The QA/QC program included the insertions of CRM's and blanks into the sample stream and umpire check repeat assays at different laboratories. The QP has analysed the results of the CRM's and blanks and assessed that they do not show any significant contamination during sample preparation or analytical bias. Drill holes prefaced with "CHAG" were drilled by and sampled by Silver Standard between 2002 and 2003. QA/QC program for this series of holes included field duplicates submitted as a separate batch, while no CRMs or blanks were used for these holes. The QP has assess the umpire assaying verifies the accuracy between labs, however in the absence of CRMs and blanks the QP can't assess contamination that may result during sample preparation. RC holes DTH-CH-01 and 07 were drilled and sampled by Mantos Blancos in 1996. DCHMT-01 and 03 were drilled PQ3 core size by Mandalay in 2014. No QC data is available for the "DTH-CH" and "DCHMT" holes, the QP has not completed sufficient work to verify the historic information for these drill intersections. Ankündigung • Feb 18
Aftermath Silver Announces Commencement of Work at Challacollo Silver-Gold Project, Chile Aftermath Silver Ltd. announced that field work has commenced at the Challacollo Silver-Gold project in northern Chile. Field crews have commenced cutting and sampling 3,200 metres of previously unsampled historic core. This program is designed to test the material outside of the high-grade structures that formed the Mineral Resource Estimate, sampling disseminated breccia style mineralization within the optimized pit shell that constrains the current Mineral Resource. Previous sampling of these drill holes was focused only on the Lolón Structure and visual sub-parallel structures. The company also plans to undertake preliminary metallurgical leach test-work on composites from this sampling program. The results will provide data to investigate the potential to bulk mine and potentially heap leach the lower grade material at Challacollo, and conceptually, separately processing the high-grade structures through an agitated leach flow sheet. The program will meet all COVID19 guidelines and protocols, the company is committed to safely managing the sampling with a focus on health and safety for company field crew and the local communities in which they work. Is New 90 Day High Low • Dec 30
New 90-day high: CA$1.43 The company is up 70% from its price of CA$0.84 on 01 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 3.0% over the same period. Ankündigung • Dec 17
Aftermath Silver Ltd. Announces Mineral Resource Estimate for Challacollo Silver-Gold Project, Chile Aftermath Silver Ltd. provided the results of a CIM compliant Mineral Resource estimate for the Challacollo silver-gold project, in Region 1 of northern Chile. The Mineral Resource estimate used a conceptual open pit and underground optimised shapes to constrain the estimate. The resource estimate is based on a geological model that utilised the geological logging and assaying of drilling as well as detailed surface mapping. A mineralised domain wireframe for the Lolón Structure was constructed by Aftermath and reviewed by the independent Qualified Person (QP). The other mineralised domains were wireframed by the QP. The mineralized wireframes for the Lolón structure were based on a silver threshold of nominally 60 g/t Ag; this structure is split into the five segments South, Main 2, Main, East Offset, and North zones, separated by fault offsets. In addition, there are other sub parallel zones for which a 40 g/t Ag threshold was used. A total of 112 drillholes totaling 19,213 m are located in the block model area consisting of 57 diamond and 55 reverse circulation drillholes, of which 97 drillholes intercepted the interpreted mineralization and are used in the estimate. The analysis of probability plots of the Ag grades for the domains demonstrated the presence of high- grade outliers in the Lolón structure. Top capping was applied individually to the zones. The top cut value of 1,500 g/t Ag was selected for Lolón Main zone and the other Lolón zones which were individually treated, varied from 800 g/t Au to 190 g/t Ag. No capping was applied to the hanging wall zones. The mean sample length is 1.38 m and the median 1 m for the entire dataset. The compositing interval was selected as 1 m. Samples were composited by domain as equal length composites with no discards. The composites of all five zones on the Lolón structure were combined into one file with a total of 1,025 samples. Variograms were produced for Ag and Au grades based on this larger dataset. Two structure spherical variograms were modelled in Datamine. A block model was generated in Datamine software using 4 m E x 10 m N x 5 m RL parent block size. Sub- blocking was employed and resulted in minimum cell dimensions of 0.1 m E x 1 m N x 0.25 m RL. The grade estimation was carried out by 3 passes. The grades were estimated for each domain individually. Ordinary kriging (OK) was used for estimating the Lolón structure, but due to the small number of samples inverse distance squared (ID2) was used for the hangingwall zones. Is New 90 Day High Low • Dec 08
New 90-day high: CA$1.08 The company is up 35% from its price of CA$0.80 on 08 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 8.0% over the same period. Is New 90 Day High Low • Nov 07
New 90-day high: CA$1.04 The company is up 32% from its price of CA$0.79 on 07 August 2020. The Canadian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. Recent Insider Transactions • Oct 19
Insider recently sold CA$1.9m worth of stock On the 15th of October, Eric Sprott sold around 2m shares on-market at roughly CA$0.95 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Oct 15
New 90-day high: CA$1.02 The company is up 132% from its price of CA$0.44 on 17 July 2020. The Canadian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. Ankündigung • Sep 17
Aftermath Silver Ltd. Provides the Results of CIM Compliant Mineral Resource Estimate for the Cachinal Silver-Gold Project, in Chile Aftermath Silver Ltd. provided the results of CIM compliant Mineral Resource estimate for the Cachinal silver-gold project, in Chile. The Company also wishes to advise that an amended and restated technical report entitled Amended Independent Technical Report for the Cachinal Silver-Gold Project, Region II, Chile with an effective date of September 11, 2020 has been filed under the Companies profile on SEDAR. The Mineral Resource estimate was performed by independent qualified persons Glen Cole P.Geo of SRK Consulting (Canada) Inc., and Sergio Alvarado Casas, CMC of Geoinvest SAC E.I.R.L. The Amended and Restated Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Notes on the Cachinal Mineral Resource Estimate //st For full details on the Cachinal Mineral Resource estimate refer to the NI 43-101 technical report titled "Independent Technical Report for the Cachinal Silver-Gold Project, Region II, Chile. By Qualified Persons G. Cole, (P.Geo) of SRK Consulting (Canada) Inc. and S. Alvarado Casas, of Geoinvest SAC E.I.R.L. (Chile), dated September 11, 2020 with an effective date of August 10, 2020, filed on the Aftermath Silver SEDAR profile. Cachinal mineral resources were classified according to the CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. All figures have been rounded to reflect the relative accuracy of the estimates. Cut-off grades are based on metal price assumptions of $22.00 /ounce of silver and $1,550 /ounce of gold, and metallurgical recoveries of 85% for both silver and gold using milling and cyanide leaching. The portion of the Mineral Resources that has been determined to be amenable to extraction through Open Pit methods uses a cut-off's of 30 g/t Silver equivalent. The open pit Mineral Resource is constrained within Lerchs-Grossman optimised pit shells that assume mining dilution &losses of 2.5%, 50-degree overall slope angles, mining costs of $2/t rock, general and administrative costs of $2/t rock, processing costs of $15/t for processing using milling and cyanide leaching. The portion of the Mineral Resources deemed to be amenable to extraction through underground methods are reported at a cut-off of 150 g/t Silver Equivalent. This assumes a mining cost of $90/t, general and administrative costs of $2/t and a processing costs of $15/t for agitated leaching. The amended and restated Technical Report includes additional disclosure in the areas of the assumed metal prices, and the mining, general, administrative and processing costs used to establish the cut-off grades. It also includes the results of recent sit visit and other data verification steeps. 