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Argenta Silver Corp V.AGAG

Alternate Symbol(s):  AGAGF

Argenta Silver Corp., formerly Butte Energy Inc., is a Canada-based silver exploration company. The Company is engaged in advancing the projects that support the global energy transition. The Company owns a 100% interest in the high-grade El Quevar silver project, located in Salta province, Argentina. The El Quevar project is distinguished by its high-grade pure silver mineral resource and substantial existing infrastructure. The El Quevar project is located along the southern margin of the Andean Central Volcanic Zone, within the Quevar volcanic complex. Alteration at the structurally controlled Yaxtche deposit is typical of high sulfidation epithermal deposits. The Yaxtche deposit remains open along strike and is within the greater project area, where several additional prospects have been identified and remain to be fully tested.


TSXV:AGAG - Post by User

Argenta Silver Corp
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Post by Betteryear2on Sep 03, 2024 9:24pm
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Post# 36207282

BUTTE ENERGY TO ACQUIRE EL QUEVAR

BUTTE ENERGY TO ACQUIRE EL QUEVARVANCOUVER, BC, Sept. 3, 2024 /CNW/ - Butte Energy Inc.  (TSXV: BEN.H) "Butte" or the "Company") is pleased to announce that it has entered into a letter of intent (the "Agreement"), dated August 30, 2024, to acquire a 100% interest in the El Quevar project (the "Project" or "El Quevar") (the "Transaction"), a large and high grade primary silver deposit The Project is located in Salta Province, Argentina, a well-established mining region with extensive mining activity and ongoing exploration. Butte will complete the acquisition through the purchase of 100% of Silex Argentina S.A. ("Silex"), a fully owned subsidiary of Golden Minerals Company ("Golden Minerals"), a publicly listed company on the NYSE American and the Toronto Stock Exchange, for total consideration of US$3,500,000 in cash. Supported by the Fiore Group with a track record of success in the mining industry, Butte's vision is to build a leading silver company to fuel the energy transition and create significant shareholder value.

BUTTE ENERGY TO ACQUIRE EL QUEVAR, A LARGE, HIGH-GRADE PRIMARY SILVER DEPOSIT IN ARGENTINA (newswire.ca)
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