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Aftermath Silver ( (TSE:AAG) ) has issued an update.
Aftermath Silver Ltd. has made an early property payment of US$2.9 million to EMX Royalty Corp for their Berenguela project, which is located in Peru. This early payment, made five months ahead of schedule, highlights the company’s strategic efforts to solidify its stake in the project and further its development plans. The payment is part of Aftermath’s option to acquire a 100% interest in the Berenguela project. The company is now focused on completing the Preliminary Economic Assessment (PEA) for Berenguela and revising its mineral resource estimates, which could have significant implications for its future operations and market positioning.
More about Aftermath Silver
Aftermath Silver Ltd. is a company involved in the mining industry, focusing on silver, copper, and manganese projects. It operates primarily in Peru, with a significant investment in the Berenguela project located in the Department of Puno.
YTD Price Performance: -5.65%
Average Trading Volume: 422,154
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $92.41M
For detailed information about AAG stock, go to TipRanks’ Stock Analysis page.
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