For 40 years, I’ve dreamed of building a pure silver company in Latin America. Exceptional pure silver assets are incredibly rare, and when the El Quevar opportunity presented itself, I knew instantly—this is it. We have a clear vision to scale this into a much larger company.
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Frank Giustra Major Shareholder
Growth Potential
Promising Exploration Upside
Ground-level Valuation
Proven Track Record
Backed by the Fiore Group, led by renowned mining investors Frank Giustra and Gord Keep, who have a history of value creation in the mining sector.
Significant Silver Resource
El Quevar boasts 45.3 Moz of silver at 482 g/t (Indicated) and 4.1 Moz (Inferred) at 417 g/t Ag(1), with significant potential for expansion and optimization.
Timing
Positioned to capitalize on rising metals prices, supported by increasing silver supply deficits.
Decades of Value Creation
The Fiore Group brings three decades of experience in building successful mining companies globally, including Aris Mining, Goldcorp, Endeavour Mining, UrAsia Energy, Wheaton Precious Metals, and West Red Lake Gold Mines.
Prime Location
Strategically situated along a major continental structural corridor, in proximity to world-class mines such as El Abra and Chuquicamata, and closer to Pirquitas and Chinchillas Ag, Zn, Pb mines (SSR Mining).
Exceptional Value
El Quevar, located in a leading mining jurisdiction, is being acquired at a compelling valuation of approximately C$0.10 per Indicated ounce, or less than $0.08 on the dollar of historical investment.
Strategic Vision
Argenta’s vision is to build a leading silver company to fuel the energy transition and create significant shareholder value.
Top-Tier Pure Silver Asset
El Quevar stands as Argentina’s third-largest undeveloped single silver resource, offering a high-grade, low-tonnage pure silver opportunity with significant infrastructure alongside $60 million of historical investment.
Strong Financial Position
>C$25M market capitalization post deal, with 100% ownership of El Quevar, C$9.0M in working capital, and lead order from shareholder Frank Giustra.
(1) Source: Refer to NI43-101 technical report with effective date of February 26, 2018, titled “El Quevar Project, Salta Province, Argentina, NI 43-101 Technical Report on Updated Mineral Resource Estimate”, posted on www.SEDAR.com under Golden Minerals Company.