- Aftermath Silver (AAGFF, Financial) makes an early US$1.5 million property payment to EMX Royalty Corp.
- Revised final balance for Berenguela project due in November 2026 reduced to US$1.65 million.
- Recent drillings revealed substantial mineralization of 1.12% copper, 290 g/t silver, and 7% manganese over 153 meters.
Aftermath Silver Ltd. (AAGFF) has strategically advanced its Berenguela silver-copper-manganese project in Peru by making an early payment of US$1.5 million to EMX Royalty Corp. This decisive financial move effectively reduces the forthcoming obligation from US$3 million to US$1.65 million, which is payable in November 2026.
Significant progress has been made with updates to the NI43-101 mineral resource estimate underway. Aftermath Silver, committed to unlocking the full potential of the Berenguela project, is capitalizing on recent drilling outcomes which exposed notable mineralization. The exploration in the eastern segment of Berenguela has shown promising results with an intersection of 153 meters containing 1.12% copper, 290 g/t silver, and 7% manganese.
The agreement with EMX Royalty Corp. also incorporates a sliding-scale Net Smelter Return (NSR) royalty which sets a 1.0% rate when silver prices are at or below US$25/oz. It increases to 1.25% for silver prices above US$25/oz and copper prices exceeding US$2/lb. The systematic payment schedule confirms Aftermath Silver's dedication to acquiring a 100% interest in this promising project and advancing their exploration and development efforts.
