Pacifica Silver (CSE: PSIL) Could Be Best Opportunity in Market
Over the last ten years, the world’s #1 largest gaining producing copper miner has been Capstone Copper (TSX: CS) with a gain of 4,564.71%. CS has gained 6.08x more than Global X Copper Miners ETF (COPX)’s gain of 750.48%.
Prior to March 2022, the company was known as Capstone Mining, and when it was formed in 2004 it purchased from Grupo Minero Bacis the Cozamin Copper-Silver-Zinc project that it brought into production in 2007, along with two silver/gold exploration projects: Copala and Claudia.
Capstone put Copala, Claudia, and a silver stream covering Cozamin into a new silver-focused company Silverstone, which was acquired in 2009 by Silver Wheaton aka Wheaton Precious Metals (WPM). Since 2005, WPM has been the #1 largest gaining U.S.-listed large-cap precious metals company with a gain of 4,606.45%.
WPM acquired Silverstone for the Cozamin silver stream and because it doesn’t engage in silver/gold exploration, WPM sold both Copala and Claudia to a private Mexican group, which sat on the properties for over a decade without doing any exploration. Today, Copala is known as the Panuco Project, and since being optioned by Vizsla Silver (VZLA) in 2019, VZLA shares at its recent all-time high gained by over 2,000%.
Claudia was initially sold in 2021 to Durango Gold, which drilled 34 core holes totaling 7,916 meters with technical success but was unable to advance the project due to capital constraints during a difficult Mexico sentiment cycle under AMLO. A highlight was Hole 21CLAU011D which intersected 4.05 m at an average of 10.54 g/t Au and 317 g/t Ag, including 1.10 meters with 20.80 g/t Au and 557 g/t Ag and is notable for being located 600 m north of the Aguilareña shaft. True widths are estimated to be about 80% to 90% of the reported intervals.
Pacifica Silver (CSE: PSIL) is a brand-new company that completed the acquisition of the Claudia Project less than seven months ago on July 18th. PSIL was put together by the same group that put together the Snowline Gold (TSX: SGD) deal a few years ago, which gained by 7,000%+ at its recent all-time high. PSIL’s CEO Todd Anthony worked alongside Keith Neumeyer at First Majestic Silver (AG) for 13+ years helping grow its market cap from $200 million up to over $10 billion where AG has now become Mexico’s second largest silver miner! Back on June 1st, NIA suggested their First Mining Gold (TSX: FF) at $0.155 per share and it recently hit a new nine-year high of $0.86 per share for a gain of 454.84% in only seven months!
Past performance is not indicative of future results. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received US$100,000 cash from PSIL for a twelve-month marketing contract. NIA has received compensation from FF of US$100,000 cash for a twelve-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. This communication is for informational and educational purposes only.