Pantera Silver Advances Rakanco Project with Drone Magnetic Survey Near Carangas Silver Discovery in Bolivia

Pantera Silver Corp. has initiated a high-resolution drone magnetic survey at its Rakanco Silver Project in Bolivia's Oruro Department, marking a significant advancement in the company's systematic exploration program. The survey represents a key component of Pantera's multi-faceted approach that integrates satellite spectral analysis, drone magnetics, and planned induced polarization surveys to develop high-confidence drill targets ahead of the company's inaugural drilling campaign at the property.

The Rakanco Project's strategic positioning adjacent to the recent Carangas silver discovery and the historic Todo Santos silver mine underscores the district's proven mineral endowment. The project sits within a volcanic caldera-related geological setting, an environment globally recognized for hosting large epithermal silver and precious metals systems. This geological framework presents significant exploration potential, as caldera complexes can generate extensive hydrothermal activity capable of producing broad zones of alteration and mineralization across substantial areas.

Pantera's disciplined exploration strategy focuses on identifying structural corridors and alteration zones that may represent surface expressions of broader mineralized systems within this favorable geological environment. The company's approach treats Rakanco as a district-scale mineral system rather than a single-target opportunity, positioning for potentially substantial discoveries. Current work includes integrating historical exploration data, surface mapping, sampling results, and geophysical datasets to refine priority drill targets and enhance geological interpretations.

The company has also undertaken strategic portfolio optimization, electing to relinquish the Nuevo Taxco Project in Mexico to concentrate resources on the higher-priority Rakanco opportunity. This decision reflects management's confidence in the Bolivian project's potential and commitment to capital efficiency. Additionally, Pantera notes encouraging political developments in Bolivia, with a new federal administration expressing support for responsible foreign investment and natural resource development, creating a more favorable operating environment for exploration activities.