Capitan Silver (TSXV:CAPT) - Mexico Explorer with 2.6km Silver Trend Raises $5.3M at Premium

Interview with Alberto Orozko, CEO of Capital Silver Corp.

Recording date: 5th March 2025

Capitan Silver (TSXV:CAPT) is advancing a dual-focus exploration project in Durango, Mexico, strategically positioned in the heart of Mexico's prolific silver belt. Led by CEO Alberto Rasco, the company is exploring property that hosts both high-grade silver veins and a separate oxide gold deposit.

The company's primary silver asset features impressive mineralization with intercepts showing up to 3 kg/ton silver within broader 10-meter zones averaging 300+ g/ton silver. What distinguishes this project is that high-grade zones are contained within continuous mineralized envelopes, creating more mining-friendly geometry than typical narrow veins.

The project involves an intermediate sulfidation deposit system similar to those acquired by major companies. Capitan has confirmed mineralization along 1.3 kilometers of a 2.6-kilometer surface trend, with a significant advantage being that mineralization starts right at surface – unlike many competing deposits that begin hundreds of meters underground.

Recently, Capitan Silver raised $5.3 million at a premium to market price, attracting Jupiter Asset Management as a strategic investor alongside continued support from existing investors including Michael Gentile. This funding supports a 10,000-meter drill program targeting extensions of their Jesus Maria vein system, the "Gully Fault" zone featuring gold-silver mineralization, and potential parallel vein structures.

The company's unique dual asset strategy includes both the high-grade silver vein system and a separate oxide gold deposit currently estimated at 300,000 ounces in the inferred category. The gold deposit resembles mines previously operated by team members during their time at Argonaut Gold and could potentially be developed as an open-pit, heap-leach operation. This could provide a low-capital starter project generating cash flow to fund the more complex underground silver development.

The property includes three historical mines that operated from the late 1800s until the Mexican Revolution disrupted operations. It remained fragmented until 2022, when Capitan acquired the final piece from Fresnillo, completing their land position along the silver trend.

With Mexico potentially becoming more mining-friendly under President Claudia Sheinbaum's administration, Capitan Silver appears well-positioned with necessary permits already secured. The company's management brings significant regional experience, recently strengthened by adding Fernando Alanís, former CEO of Peñoles and president of the Mexican Chamber of Mines, to their board.

As global demand for silver continues to grow for both industrial applications and as a monetary metal, Capitan Silver offers exposure to a high-grade, scalable project in the world's largest silver-producing country.

Learn more: https://www.cruxinvestor.com/companies/capitan-mining

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