Argenta Silver’s Vice President of Exploration and Development, Joaquin Marias, joined Steve Darling from Proactive to announce that Frank Giustra, a major shareholder and strategic supporter, has increased his ownership stake in the company to 15.09% after purchasing 2.5 million common shares in the open market. This investment demonstrates Giustra’s continued confidence in Argenta’s leadership, exploration potential, and long-term strategy.
Giustra is a highly regarded entrepreneur and philanthropist known for his strategic investments in the resource sector. His extensive industry expertise and successful track record in junior exploration make him a respected and influential figure in mining. His increased stake further highlights his belief in Argenta’s value and the potential of its flagship El Quevar Project in Salta Province, Argentina.
Marias noted that El Quevar is among the top three undeveloped silver deposits in Argentina, with an Indicated Resource of 45.3 million ounces of silver at 482 g/t Ag and an Inferred Resource of 4.1 million ounces at 417 g/t Ag. This growing resource base strengthens the project’s potential as a significant silver development opportunity in the region. With Giustra’s increased backing, Argenta Silver is well-positioned to advance its exploration and development initiatives, further unlocking the project’s value.
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