What Could Be The Largest Gold Discovery in Modern Mexican History

Editorial Feature | Nov 2, 2023 

Stay Up To Date on the Latest Findings from Regency Silver

Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) identified what could be the modern day El Dorado– right in the heart of Mexico's gold country.

Deep in the heart of Sonora, Mexico’s prolific gold belt, a small exploration company has unearthed what could be a once-in-a-generation find.

We’re talking about a potential discovery so vast, it could change the Mexican mining landscape as we know it.

Very few gold investors realize it, but Mexico hasn’t seen a major gold discovery in years.

Regency Silver’s latest results point to a deposit that could be the largest gold discovery in modern Mexican history… 

  • Larger than Las Chispas…
  • Larger than the San Francisco Mine…
  • Even bigger than the mammoth Mulatos Mine.

Allow me the next few minutes, and I’ll share with you exactly why we think Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) deserves your immediate attention.

You’ll see how Regency Silver’s newly released drill results at its flagship project, Dios Padres, are so impressive they command even the most experienced geologist’s attention…

How the company has only scratched the surface with its step-out drilling, meaning the mineralized zone could extend much further…

And how an Induced Polarization (IP) anomaly could be proof of a huge magmatic system (read: porphyry deposit) underlying Dios Padre.

Plus, how its management team has generated substantial returns for its shareholders before – up 75x the IPO price.i

Let me explain…

The Modern Day El Dorado?

It all started in October of last year. 

A quarter mile north of the old silver mine at its flagship Dios Padre project, Regency Silver made a critical discovery:

  • 7 g/t gold over 176.5 feet, including 6.84 g/t over 117.4 feet, beginning over a quarter mile underground.1

You see, while Dios Padre has an extensive history (over 400 years) of silver mining… this was the first time they hit gold.2

In addition to gold, the drill hole also returned 0.88% copper and 21.82 g/t silver over the 176.5 feet.

These initial results were significant because they confirmed two things:

  1. The existence of a major gold-copper deposit, and…
  2. The expansion of the existing silver mineralized zone to both the east and to the west.

Management called the results “a major success” and “at the top range of [their] expectations”.3

Even more intriguing…

The hole drilled during the 2022 program ended in mineralization – meaning, over a quarter mile down, Regency Silver was still finding gold… and at even higher grades.

These results guided the Company’s 2023 Dios Padre drill campaign, and the new drill results are in…

Regency Silver has intercepted high-grade gold over 200 feet from the 2022 discovery hole.

  • Drilling returned 5.34 g/t gold over 179 feet, including 7.36 g/t over 124.7ft and 8.7 g/t over 95 feet.4

But that’s not all they discovered…

Regency Silver also drilled holes with gold grades of:

  • 8ft of 1.61 g/t including 43.6ft of 2.23 g/t Au…
  • 9ft of 0.65 g/t Au including 32.6ft of 1.6 g/t Au…
  • And 23.5ft of 2.76 g/t Au ~246ft along strike to the NW.5

Which means, the company’s latest drilling results have significantly expanded the mineralized breccia zone…

And it confirmed the presence of high-grade gold along a strike length of over 590 feet and a depth of at least 490 feet.6 

To put that in perspective, the mineralized zone is longer than a 40-story building, and goes down over 35 floors deep into the ground.7

 Michael Tucker, lead geologist and Director, said this about the latest discoveries:

“The continued ability of the lower breccia zone to produce highly elevated gold grades over significant widths is very compelling. The system has proven the ability to generate spectacular grades and thicknesses. The indications of a large magmatic-hydrothermal system are present, and we are excited to continue expanding on these exceptional results as they clearly demonstrate there is a big system to be explored.”

The bottom line: Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) has only begun to tap the potential of its gold breccia zone.

This deposit remains entirely open in all directions.

Meaning, step-out drilling has barely scratched the surface.

Each new drill hole has the potential to substantially expand the scale – and validate Regency Silver’s as having identified Mexico’s next major discovery.

You see, along with the gold breccia, Regency Silver is zeroing in on a potentially major copper-gold porphyry target.

Last Golden Discovery in Mexico – Right Next Door to Regency Silver

Mexico’s last big golden discovery was by SilverCrest Metals, at its Las Chispas project – also located in Sonora, Mexico.  

SilverCrest’s original exploration program almost a decade ago has turned in to a proven and probable mineral reserve of 446,000 ounces of gold and over 78 million ounces of silver equivalent. 

According to its latest technical report, Las Chispas has strong economics for a feasible mine, generating 57,000 ounces of gold per year and 5.5 million ounces of silver – worth around $240 million a year at today’s prices!

But if you missed out on Mexico’s last big discovery, don’t worry.

Because the recent drill results could be just the tip of the iceberg for Regency Silver.

Bullseye: A Hidden Porphyry Primed for Discovery

Geologists at Regency Silver (TSXV: RSMX, OTCQB: RSMXF) theorize that the original Dios Padre silver mine and the lower gold breccia confirmed by the recent drill results were the result of magmatic fluids from over 50 million years ago…

And that they stem from a larger magmatic source – a potentially high-grade porphyry source below.

You see, the company has discovered an Induced Polarization (IP) anomaly.

Meaning, they found a high chargeability zone, which could potentially indicate a sulfide-rich deposit below the breccia.  

The best vector is an IP anomaly spanning 1 mile by 0.5 miles in the north of the property.

Its large scale, high sulfide content and initial drill results align perfectly with an environment linked to a major copper-gold deposit at depth.

Initial drilling into the IP anomaly hit 4.7 g/t of gold, 0.67% copper and 23 g/t silver over 176.5 feet, including 6.84 g/t gold, .88% copper, and 21.82 g/t silver in 117.5 feet – starting a quarter mile down.8

  • This could be proof of a substantial gold-bearing magmatic system underlying Dios Padre.

The IP anomaly could provide a bullseye for Regency Silver to target the next big porphyry discovery.

And Regency’s management knows when they’re onto something…

The Mastermind Behind it All

Very few people have more experience and success exploring Mexico than Regency Silver’s Executive Chairman and Director, Bruce Bragagnolo.

Mr. Bragagnolo is famous for three projects he grew from startups… into legendary Mexican mines.

He was CEO and co-founder of both Silvermex Resources and Timmins Gold. 

Mr. Bragagnolo first launched Silvermex with an IPO market cap of C$7 million.  After purchasing its initial assets, including the La Guitarra mine, SilverMex was sold to First Majestic for C$175 million – at 25-times the initial IPO.9

Next, he launched Timmins Gold. 

In just 5 years, Mr. Bragagnolo took Timmins Gold’s IPO market cap of $6.3 million to a peak valuation of $475 million10over 75-times the initial IPO.

In those 5 years, he built the renowned San Francisco mine – also located in Sonora, Mexico. 

  • Production of the San Francisco mine peaked at over 120,000 ounces in 2014.

He also served as Director of Continuum Resources, helping to acquire its San Jose Mine in Oaxaca, Mexico. 

In 2022, the San Jose Mine produced 5.76 million ounces of silver, and 34,000 ounces of gold.

Now he’s applying that expertise to unlocking Regency Silver’s district-scale potential.

And the timing couldn’t be better…

Surging Gold Prices Magnify Regency Silver’s Potential

Regency Silver’s. (TSXV: RSMX, OTCQB: RSMXF) remarkable grades at Dios Padre come alongside a powerful gold bull market that analysts believe have no signs of cooling off.

In 2020, spot gold prices hit a record high of $2,072.50 – and according to CNBC, this high could be surpassed within the next few months…

TD Securities’ managing director and global head of commodity strategy said, “I do see gold move above $2,100 in late 2023, early 2024 as a trading level.

David Neuhauser, founder of Livermore Partners, has predicted an even higher price, “My target is $2,500 by the end of 2024 … Much of this has to do with the fact that recessionary forces may take hold beginning later this year and gain steam in 2024… 2024 is when I see gold breaking out and reaching new highs and beyond.

  • A spot price of $2,500 would mean a 26% increase over current levels.

Like Neuhauser, Randy Smallwood, who is the CEO of Wheaton Precious Metals, also sees gold hitting $2,500.  Similarly crediting recessionary fears, Neuhauser stated, “Any type of recessionary move would be positive for gold.11

And recent geo-political unrest has further fueled the fire.

In fact, gold prices have rallied sharply since conflict began in Israel – rising to a five-month high.

That’s because gold is typically regarded as a store of value during times of geopolitical and market uncertainty.12 

As the price of gold rises, so does the potential value of Regency Silver.

Top Reasons to Consider Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF)

  1. What could be the largest gold discovery in Modern Mexican History. Regency Silver’s discovery at its Dios Padres mine could be the largest gold discovery in modern Mexican history.  Its recent drill results have confirmed the presence of high-grade gold extending along a strike length of over 590 feet and a depth of at least 490 feet – which is the equivalent of a 40-story building in length, going down over 35 floors into the ground.
  2. Step-out potential.  The 2023 drill program has only scratched the surface of Dios Padre’s mineralization potential.  The deposit remains entirely open in all directions, and could extend much further than currently known. 
  3. Induced Polarization (IP) anomaly. Regency Silver is zeroing in on a high-chargeability zone that could be a high-grade porphyry source.  Geologists theorize there could be a major copper-gold deposit underlying the breccia mineralized zone, potentially leading to the next big porphyry discovery.  
  4. Rising price of gold. Recessionary fears and conflict in Israel have led to a sharp rise in the price of gold.  Analysts are projecting we could see a new record high price as early as later this year, with some saying the price of gold could rise over 25% by the end of 2024.
  5. Bruce Bragagnolo. Executive Chairman and Director, Bruce Bragagnolo, is famous within the Mexican mining space.  He was CEO and Co-founder of two other Mexican mining companies, which he took from IPO to having peak market caps 25x and 75x the initial IPO amounts.  With his leadership and experience, Regency Silver has the potential to capitalize on its recent mining results. 

Learn More About Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) at your brokerage today!

Learn More About Regency Silver Corp. (TSXV: RSMX, OTCQB: RSMXF) at your brokerage today!

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1 4.7 g/t gold over 53.8m, including 35.8m of 6.84 g/t gold starting at 420m depth https://regency-silver.com/news/press-releases/regency-silver-makes-new-gold-copper-silver-discovery-at-its-dios-padre-project-in-sonora-mexico/
2 Confirmed by management.
3 https://regency-silver.com/news/press-releases/regency-silver-makes-new-gold-copper-silver-discovery-at-its-dios-padre-project-in-sonora-mexico/
4 2023 Drill Results Oct 31 Final: REG-23-21 intersects 54.65m of 5.34 g/t Au including 7.36 g/t over 38m and 8.7 g/t over 28.90m from 450.8m downhole in ~65 m step-out along strike to the southeast from hole REG-22-01
5 2023 Drill Results Oct 31 Final: REG-23-19 intersects 44.75m of 1.61 g/t including 13.3m of 2.23 g/t Au from 492.7m downhole ~40 m down- dip from REG-23-20.
REG-23-20 intersects 96.3m of 0.65 g/t Au including 9.95m of 1.6 g/t Au from 477.6m downhole ~45m down-dip from REG-23-19 and ~85m down-dip from REG-23-21. 
REG-23-16 intersects 7.15m of 2.76 g/t Au from 393.3m downhole ~75m along strike to the NW from REG-23-14
6 2023 Drill Results Nov 2,2023: “confirm the mineralized breccia zone has a strike of at least 180m and depth extent of at least 150m”
7 Using a general average of 14 feet per story, https://theskydeck.com/how-tall-is-a-storey-in-feet/#:~:text=The%20height%20of%20each%20storey,average%20of%20about%2014%20feet.
8 Page 8, 4.7 g/t of gold, 0.67% copper and 23 g/t silver over 53.8 meters, including 6.84 g/t gold, .88% copper, and 21.82 g/t silver in 35.8 meters – starting at 420m down https://regency-silver.com/site/assets/files/7808/regency-silver-corp-september-2023.pdf#viewer.action=download
9 Page 5, https://regency-silver.com/site/assets/files/7808/regency-silver-corp-september-2023.pdf#viewer.action=download
10 IPO market cap of C$7M per page 5 of investor presentation, converted at historical price at 1CAD=.893416 on August 17, 2006 per OFX
11 https://www.cnbc.com/2023/08/11/gold-prices-to-breach-all-time-highs-with-some-calling-for-2500.html
12 http://www.ft.com/content/d78f31ea-b909-44d9-ac71-8ae1eb6ca977
iPO market cap of C$7M per page 5 of investor presentation, converted at historical price at 1CAD=.893416 on August 17, 2006 per OFX

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