Exploration Success and Strategic Moves Signal Potential Turnaround for Silver Viper

Silver Viper reports high-grade intercepts at La Virginia and nears completion of a strategic $15M transaction with Orex Minerals, aiming to stabilize its share price.

Following a challenging start to the year, Silver Viper Minerals is now generating tangible operational momentum. The exploration company’s recent activities, centered on promising drill results and a significant corporate transaction, are drawing investor attention as key catalysts for potential recovery.

Strategic Portfolio Reshuffle with Orex Minerals

Beyond its drilling campaigns, Silver Viper is advancing a notable structural change. A major transaction with Orex Minerals, tied to the sale of the Coneto project, is nearing completion. Under this arrangement, Orex is set to receive approximately 9.9 million shares of Silver Viper. This equity package carries an estimated value of around $15 million USD. The finalization of this deal is currently pending the formal closing of the Coneto transaction and the receipt of standard regulatory approvals.

This strategic move is expected to streamline Silver Viper’s portfolio, allowing a sharper focus on its core assets. Further clarity regarding the company's financial footing for its upcoming exploration phases is anticipated in late April. At that time, the release of quarterly financial statements will provide detailed insight into its current capital position and the precise operational roadmap for the months ahead.

High-Grade Precious Metals Intercepts at La Virginia

The core of the company's recent positive news stems from its ongoing exploration program at the La Virginia project in Sonora, Mexico. A recent phase involving over 5,600 meters of drilling across 18 holes has revealed significant gold and silver mineralization.

One standout intercept, from drill hole LV26-345, cut an 11.7-meter section averaging 9.18 grams per tonne (g/t) gold and 352 g/t silver. Within that broader interval, a half-meter segment returned exceptionally high grades of 183.5 g/t gold and 6,850 g/t silver. Another hole delivered a strong result of 50.66 g/t gold over 2.6 meters.

These new findings will be directly incorporated into an updated resource model for the project. The company’s current resource estimate, dating from 2021, outlines 154,000 ounces of gold and nearly seven million ounces of silver in the indicated category. Management has announced an updated resource calculation is scheduled for the second quarter of 2026.

A Critical Juncture for Shareholders

These operational advances arrive at a pivotal moment for the company's investors. After a substantial decline of approximately 53% since the beginning of the year, the share price recently traded at just 0.64 euros. This level hovered only slightly above the 52-week low marked the prior week. The combination of high-grade drill results and strategic portfolio management is being closely watched as a potential foundation for stabilizing and improving market sentiment.