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Explorer Begins 4,500-Meter Drill Program Targeting High-Grade Gold-Silver-Copper Zones in Sonora

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Regency Silver Corp. (RSMX:TSXV; RSMXF:OTCQB) has commenced a 4,500-meter drill program at its Dios Padre project in Sonora, Mexico. Read about how the campaign targets expansion of previously intersected high-grade gold, silver, and copper zones.

Regency Silver Corp. (RSMX:TSXV; RSMXF:OTCQB) has commenced a new drilling campaign at its flagship Dios Padre project in Sonora, Mexico. The company plans to drill between six and eight holes, totaling approximately 4,500 meters. This work is focused on testing the along-strike extensions of previously intercepted high-grade gold-silver-copper mineralization.

Regency’s past intercepts from the Dios Padre project include 38.0 meters of 7.36 grams per tonne (g/t) gold in hole REG-23-21, 36.0 meters of 6.84 g/t gold, 0.88% copper, and 21.8 g/t silver in hole REG-22-01, and 29.4 meters of 6.32 g/t gold in hole REG-23-14. These results have helped shape the current program's target areas and orientation.

Regency Silver's CEO Bruce Bragagnolo stated in the announcement, "We are excited that drilling has commenced to target the expansion of the significant high sulphidation Au-Ag-Cu discovery at Dios Padre. Our team is focused on unlocking the full potential of the project."

The Dios Padre property has a long history of silver mining and is located in a region with strong infrastructure access, including highway connections and local skilled labor. The company has reported an inferred resource estimate of 11.375 million ounces of silver equivalent at an average grade of 255.64 g/t silver equivalent, based on 1.384 million tonnes, according to a March 2023 NI 43-101 compliant technical report.

Silver Market Faces Structural Strain as Demand Outpaces Supply

Silver supply trends have already begun to tighten. The 2024 World Silver Survey, cited by Ahead of the Herd on September 15, reported that global mine production declined by 1% year over year in 2023, totaling 830.5 million ounces. The drop was attributed to a temporary four-month shutdown at a major Mexican mine and lower ore grades in Argentina. Including recycling, total supply reached 1.01 billion ounces. However, global demand rose to 1.195 billion ounces, creating a deficit of 185 million ounces. Without recycling, the shortfall widened to 363.6 million ounces.

According to Times of India Business on September 29, silver prices climbed to record levels on both domestic and international markets, fueled by heightened expectations of U.S. Federal Reserve interest rate cuts and continued geopolitical uncertainty.

John Newell issued a Speculative Buy rating and outlined potential upside targets at CA$0.45, CA$0.65, CA$0.95, and CA$2.20.

The December silver futures contract on the Multi Commodity Exchange (MCX) rose to Rs 1,44,179 per kilogram, while international silver climbed over 1% to US$47.39 per ounce. Analysts pointed to soft U.S. inflation data and weakening dollar strength as contributing factors. The dollar index fell 0.18% to 97.97, supporting the rise in precious metals.

Reliance Securities' senior research analyst Jigar Trivedi noted that traders were pricing in a 90% chance of a U.S. rate cut in October, with additional easing expected later in the year. Ongoing tensions related to U.S.-China trade, the Russia-Ukraine conflict, and new tariff announcements by President Trump added to safe-haven demand. These developments have kept investor interest elevated across both gold and silver markets, contributing to what some experts view as a sustained upward trend in precious metals prices.

In a report published September 25 by Wealth Daily, Jason Williams highlighted a growing global shift toward silver jewelry, driven in large part by the rising cost of gold. With gold prices making traditional items like wedding sets unaffordable for many consumers in markets such as India, China, and the United States, silver has emerged as a more accessible alternative. Jewelers worldwide have reported an uptick in demand for silver products, particularly among younger buyers seeking affordability without compromising on aesthetics.

Analysis Highlights Discovery Potential and Strong Leadership at Regency Silver

*According to John Newell of John Newell & Associates in a September 10 report, Regency Silver Corp. was positively assessed for its strategic focus on high-grade gold, silver, and copper exploration at the Dios Padre project in Sonora, Mexico. Newell highlighted recent drill intercepts that expanded a gold-rich breccia zone north of the historic mine, including 36 meters of 6.84 g/t gold, 0.88% copper, and 21.8 g/t silver in hole REG-22-01, as well as 38 meters of 7.36 g/t gold in hole REG-23-21. He noted that this mineralized zone remains open in multiple directions and is part of a high-sulfidation/porphyry system with potential for significant scale.

Newell emphasized the project's inferred mineral resource, which includes 1.384 million tonnes grading 255.64 g/t silver equivalent for a total of 11.375 million ounces silver equivalent, reported under NI 43-101 standards. He pointed to the project's location within a prolific mineral belt in Sonora, stating that its proximity to producing headframes demonstrates its favorable geologic setting and strategic position. Newell explained that Regency Silver's business model is focused on the discovery stage, where junior explorers tend to create the most shareholder value before transitioning into capital-intensive development phases.

Newell underscored the company's experienced leadership team, led by CEO Bruce Bragagnolo, who previously took Timmins Gold from a CA$7 million IPO to a US$475 million market capitalization. Bragagnolo also co-founded Silvermex Resources and played a key role in developing assets in Mexico over a two-decade career. Newell stated that "this is the kind of team that knows how to find, finance, and build mines in Mexico," referencing their history of raising capital and successfully transitioning projects through to production.

In terms of valuation, Newell reported that Regency Silver had approximately 95.7 million shares outstanding, giving it a market capitalization of around CA$21 million based on a share price of CA$0.22. On a technical basis, he noted that the stock had shown signs of a turnaround after a prolonged downturn, with improving momentum and increasing volume. He issued a Speculative Buy rating at a then-current price of CA$0.14 and outlined potential upside targets at CA$0.45, CA$0.65, CA$0.95, and CA$2.20.

Dios Padre Drilling Targets Deeper Mineral Potential

The current drill campaign at Dios Padre is designed to build on results from the 2022 and 2023 programs, which significantly increased the company's understanding of the mineralization system. The mineralized zones encountered to date appear to be part of a breccia body with indications of a porphyry system below. Geologists believe the mineralization remains open in all directions, with the zone trending shallower toward the east. 

streetwise book logoStreetwise Ownership Overview*

Regency Silver Corp. (RSMX:TSXV; RSMXF:OTCQB)

*Share Structure as of 9/15/2025

The area surrounding the Dios Padre project hosts major producing operations, including Pan American Silver's Dolores mine and Alamos Gold's Mulatos mine, though Regency Silver does not hold interests in those assets. The company notes that its own project benefits from proximity to this productive corridor and existing infrastructure.

With drill holes REG-22-01 and REG-23-21 returning strong gold  values from breccia zones, and copper from the porphyry, Regency Silver's latest work aims to follow up on these intervals and expand the known mineralized footprint. The company is also guided by geological modeling that suggests the breccia mineralization may be underlain by a deeper porphyry source, a concept being further evaluated through ongoing exploration.

Ownership and Share Structure

According to the company, about 7.7% is owned by insiders and management and a strategic investment group from London owns nearly 6%. The rest is retail.

Some top shareholders include Bragagnolo with 4.7%, Director Michael Thomson with 1%, Director and Head Geologist Michael Tucker with 1.5%, and Director Patrick Elliott with 1%, Refinitiv reported.

Its market cap is CA$24 million with 95.7.04 million shares outstanding. It trades in a 52-week range of CA$0.32 and CA$0.09.


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Important Disclosures:

  1. Regency Silver is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Regency Silver has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
  2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Regency Silver.
  3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 
  4.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

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* Disclosure for the quote from the John Newell article published on September 10, 2025

  1. For the quoted article (published on September 10, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
  2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.





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