Pantera Silver Corp. (TSXV: PNTR) has commenced an Induced Polarization (IP) geophysical survey at the La Riviera target on its Rakanco Silver Project in southwest Bolivia, marking a significant step in its systematic exploration program. The survey builds on previously completed satellite spectral, drone magnetic, and topographic surveys, and is designed to define drill targets at depth. For investors, the announcement signals that Pantera is advancing toward its first drill program at the project. The immediate share price impact was not clear from available public information.

Key Points

  • Pantera Silver Corp. (TSXV: PNTR) announced commencement of an IP geophysical survey at La Riviera, Rakanco Silver Project, Bolivia
  • The two-phase survey program aims to identify sulphide-bearing silver mineralisation at depth and refine drill targets
  • Phase one covers seven reconnaissance profiles totalling 17 line-kilometres, investigating to approximately 580 metres depth; phase two will employ AG-DAS technology to depths of at least 800 metres
  • Investors may be watching for IP data results and the subsequent ranking of priority drill targets ahead of a Phase 1 drill program

Two-Phase IP Survey Design at La Riviera

The survey will be conducted in two phases. Phase one comprises seven reconnaissance profiles using a pole-pole array spaced 500 to 1,000 metres apart, covering a total of 17 line-kilometres, and will investigate to a maximum depth of approximately 580 metres. Survey coverage extends north from La Riviera to within 1.7 kilometres of the project's northern boundary, toward the Carangas silver deposit. Phase two, guided by phase one results, will employ Full-Waveform Distributed Array Induced Polarization (AG-DAS), providing high-resolution 3D modelling to depths of at least 800 metres. Data processing and inversion modelling will be completed by the contractor.

Strategic Rationale for IP at the Rakanco Project

IP is an electrical geophysical method measuring the chargeability and resistivity of subsurface rocks, enabling 3D definition of disseminated metallic mineralisation, alteration zones, and control faults. The company states that mineralisation at Rakanco may have little or no surface expression beneath volcanic cover, making IP a key tool for subsurface mapping. The release notes that La Riviera lies within a regional volcanic caldera in the Carangas district, situated between New Pacific Metals Corp.'s Carangas silver deposit and the historical Todos Santos mine. The company cautions that mineralisation on adjacent properties is not necessarily indicative of mineralisation at Rakanco.

Integration With Rakanco's Broader Exploration Dataset

Upon completion of the IP field program, the company disclosed plans to receive processed 2D and 3D inversion-modelled data, conduct surface geological and structural mapping and sampling, and integrate IP results with existing spectral, magnetic, and topographic datasets. The company's qualified person, Dr. Thomas A. Henricksen, C.P.Geo., reviewed and approved all technical disclosures in the announcement. The survey lines are oriented to cross principal structural trends identified in prior magnetic and remote-sensing datasets, the release states, reinforcing Pantera's layered, systematic approach to target generation.