Aftermath Silver: Drilling Continues at Berenguela and Drilling Commences at Challacollo Silver Project
Original announcement by tmx on
- Company
- Aftermath Silver Ltd.
- Ticker
- AAG
- Exchange
- TSX
- Region
- Peru
- Primary commodity
- Silver
- Secondary commodities
- Copper, Manganese, Gold, Zinc
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-24 07:42:34 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Aftermath Silver has commenced a 6,000m drilling campaign at the Berenguela silver-copper-manganese project in Peru and is starting a 2,000m program at the Challacollo silver-gold project in Chile. The Berenguela program aims to infill for resource conversion and explore high-grade copper targets, while the Challacollo program seeks to expand the existing resource.
Reasoning: The announcement focuses on the commencement of new drilling programs at two projects and references a very recent MRE update for Berenguela.
Positive factors
- continuation of drilling at flagship Berenguela
- commencement of drilling at Challacollo
- recent MRE update at Berenguela
Facts used in scoring: 24
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document references a new MRE published on December 4, 2025, for Berenguela.
Evidence · text
“A new MRE was published on December 4, 2025”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The Challacollo resource is based on a NI 43-101 technical report.
Evidence · text
“substantial historic NI43-101 silver resource”
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Drill Results (12)
Fact 1silverGrade: 101Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- AAG
Geometry
- Grade
- 101
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela.
Evidence · table
“101”
Context: 8.49
Fact 2manganeseGrade: 8.97Grade Unit: %View all detailsHide details
Identity
- Commodity
- manganese
- Ticker
- AAG
Geometry
- Grade
- 8.97
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured manganese resource at Berenguela.
Evidence · table
“8.97”
Context: 8.49
Fact 3copperGrade: 0.89Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- AAG
Geometry
- Grade
- 0.89
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured copper resource at Berenguela.
Evidence · table
“0.89”
Context: 8.49
Fact 4zincGrade: 0.32Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- AAG
Geometry
- Grade
- 0.32
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured zinc resource at Berenguela.
Evidence · table
“0.32”
Context: 8.49
Fact 5silverGrade: 68.5Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- AAG
Geometry
- Grade
- 68.5
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Indicated silver resource at Berenguela.
Evidence · table
“68.5”
Context: 43.06
Fact 6manganeseGrade: 5.04Grade Unit: %View all detailsHide details
Identity
- Commodity
- manganese
- Ticker
- AAG
Geometry
- Grade
- 5.04
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Indicated manganese resource at Berenguela.
Evidence · table
“5.04”
Context: 43.06
Fact 7copperGrade: 0.58Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- AAG
Geometry
- Grade
- 0.58
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Indicated copper resource at Berenguela.
Evidence · table
“0.58”
Context: 43.06
Fact 8zincGrade: 0.33Grade Unit: %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- AAG
Geometry
- Grade
- 0.33
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Indicated zinc resource at Berenguela.
Evidence · table
“0.33”
Context: 43.06
Fact 9silverGrade: 47.6Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- AAG
Geometry
- Grade
- 47.6
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Inferred silver resource at Berenguela.
Evidence · table
“47.6”
Context: 14.33
Fact 10copperGrade: 0.37Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- AAG
Geometry
- Grade
- 0.37
- Grade Unit
- %
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Inferred copper resource at Berenguela.
Evidence · table
“0.37”
Context: 14.33
Fact 11silverGrade: 165Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- AAG
Geometry
- Grade
- 165
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Indicated silver resource at Challacollo.
Evidence · table
“165”
Context: 6,640
Fact 12goldGrade: 0.27Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AAG
Geometry
- Grade
- 0.27
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Indicated gold resource at Challacollo.
Evidence · table
“0.27”
Context: 6,640
Resource Estimates (12)
indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 5597000Grade: 170Grade Unit: g/tContained Metal: 30639Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- silver
- Ticker
- AAG
Resource Data
- Category
- indicated
- Tonnes
- 5597000
- Grade
- 170
- Grade Unit
- g/t
- Contained Metal
- 30639
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“170”
Context: 5,597
indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 5597000Grade: 0.27Grade Unit: g/tContained Metal: 49Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- gold
- Ticker
- AAG
Resource Data
- Category
- indicated
- Tonnes
- 5597000
- Grade
- 0.27
- Grade Unit
- g/t
- Contained Metal
- 49
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.27”
Context: 5,597
indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 1043000Grade: 134Grade Unit: g/tContained Metal: 4510Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- silver
- Ticker
- AAG
Resource Data
- Category
- indicated
- Tonnes
- 1043000
- Grade
- 134
- Grade Unit
- g/t
- Contained Metal
- 4510
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“134”
Context: 1,043
indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 1043000Grade: 0.29Grade Unit: g/tContained Metal: 10Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- gold
- Ticker
- AAG
Resource Data
- Category
- indicated
- Tonnes
- 1043000
- Grade
- 0.29
- Grade Unit
- g/t
- Contained Metal
- 10
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.29”
Context: 1,043
indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 6640000Grade: 165Grade Unit: g/tContained Metal: 35150Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- silver
- Ticker
- AAG
Resource Data
- Category
- indicated
- Tonnes
- 6640000
- Grade
- 165
- Grade Unit
- g/t
- Contained Metal
- 35150
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“165”
Context: 6,640
indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 6640000Grade: 0.27Grade Unit: g/tContained Metal: 58Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- gold
- Ticker
- AAG
Resource Data
- Category
- indicated
- Tonnes
- 6640000
- Grade
- 0.27
- Grade Unit
- g/t
- Contained Metal
- 58
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.27”
Context: 6,640
inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 2360000Grade: 117Grade Unit: g/tContained Metal: 8912Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- silver
- Ticker
- AAG
Resource Data
- Category
- inferred
- Tonnes
- 2360000
- Grade
- 117
- Grade Unit
- g/t
- Contained Metal
- 8912
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“117”
Context: 2,360
inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 2360000Grade: 0.15Grade Unit: g/tContained Metal: 11Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- gold
- Ticker
- AAG
Resource Data
- Category
- inferred
- Tonnes
- 2360000
- Grade
- 0.15
- Grade Unit
- g/t
- Contained Metal
- 11
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.15”
Context: 2,360
inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 443000Grade: 157Grade Unit: g/tContained Metal: 2232Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- silver
- Ticker
- AAG
Resource Data
- Category
- inferred
- Tonnes
- 443000
- Grade
- 157
- Grade Unit
- g/t
- Contained Metal
- 2232
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“157”
Context: 443
inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 443000Grade: 0.26Grade Unit: g/tContained Metal: 4Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- gold
- Ticker
- AAG
Resource Data
- Category
- inferred
- Tonnes
- 443000
- Grade
- 0.26
- Grade Unit
- g/t
- Contained Metal
- 4
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.26”
Context: 443
inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 2803000Grade: 124Grade Unit: g/tContained Metal: 11144Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- silver
- Ticker
- AAG
Resource Data
- Category
- inferred
- Tonnes
- 2803000
- Grade
- 124
- Grade Unit
- g/t
- Contained Metal
- 11144
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“124”
Context: 2,803
inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 2803000Grade: 0.17Grade Unit: g/tContained Metal: 15Contained Unit: kozView all detailsHide details
Identity
- Project
- Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
- Commodity
- gold
- Ticker
- AAG
Resource Data
- Category
- inferred
- Tonnes
- 2803000
- Grade
- 0.17
- Grade Unit
- g/t
- Contained Metal
- 15
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-10T00:00:00.000Z
Reasoning: Measured silver resource at Berenguela. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.17”
Context: 2,803
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.