Hole CO-0008 Returns 5.0m at 600 g/t Silver within a Broad 38m Zone Returning 116 g/t Silver
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - BP Silver Corp. (TSXV: BPAG) ("BP Silver" or the "Company") announces final assay results ("Assays") from the remaining eight drill holes of its eleven-hole Phase I drill program (the "Program") at the Cosuño Silver Project ("Cosuño") in Bolivia.
Highlights
Drilling intersected multiple zones of high-grade silver mineralization at the Pocañita Chica target: Diamond Drill Hole ("DDH") CO-0008 returned 5m @ 600.4 g/t silver, including 1m @ 1655 g/t silver; CO-0009 returned 1m @ 526 g/t silver and 6m @ 147 g/t silver.
The Program achieved its primary objective of confirming silver mineralization within the lithocap beneath surface geochemical anomalies, materially de-risking Cosuño.
Silver mineralization was intersected in all four targets tested across an approximately 2.7 km NE-SW corridor, confirming the presence of a robust silver and polymetallic system which remains open for expansion along strike and at depth.
Dr. Stewart D. Redwood, Director and Qualifying Person, stated, "Our recent drill program has delivered compelling high-grade silver results, highlighted by an intersection of 5 meters at 600.40 g/t silver and 1 meter grading 1,655.00 g/t silver — equivalent to an exceptional 1.65 kilograms of silver per tonne over that interval. These results validate the potential discovery of deposit within the large 10.5 km² alteration zone that remains largely covered and only minimally tested, underscoring the significant exploration upside. The next phase of exploration will advance the project through extensive geophysical surveys to better define the size and continuity of the four drilled targets, refine Phase II drill planning, and identify additional targets concealed beneath thin surface cover, positioning the project for continued growth." |
