Regency Silver Corp.'s (RSMX:TSX.V; RSMXF:OTCQB) ongoing 2026 drilling program at its Dios Padre project in Sonora, Mexico, has intersected sulfide-specularite-bearing breccia and vein-infill across multiple zones within a broad interval, according to a February 5 news release.
Hole REG-26-28 was drilled approximately 75 meters below hole REG 25-26 and encountered extensive mineralization from around 430 meters to about 540 meters. A breccia zone containing chalcopyrite, pyrite, and specularite with intense silica-sericite alteration was intersected from approximately 500 meters to 535 meters.
The company said this core zone is located roughly 180 meters south of a similar breccia intersected in REG-25-25.
"The visual results from REG-26-28 further demonstrate the continuity and scale of the Dios Padre breccia system," said Chief Executive Officer Bruce Bragagnolo. "Intersecting multiple zones of sulfide-specularite mineralization at depth strengthens our confidence that this system widens below historic workings. These observations continue to support the significant upside potential of the project as we advance our 2026 drill program."
Previously drilled holes include:
- REG-23-21, which yielded 38 meters of 7.36 grams per tonne (g/t) gold.
- REG-22-01, which yielded 35.8 meters of 6.84 g/t gold, 0.88% copper, and 21.82 g/t silver.
- REG-23-14, which yielded 29.4 meters of 6.32 g/t gold.
The company said it currently does not have analytical results for the intervals from the 2025 or 2026 drill programs, so there is no assurance when comparing the potential assay quality of these intersections with REG-22-01, REG-23-14, and REG-23-21. However, in terms of geology, alteration, mineral species, and abundance, the zones appear to compare favorably.
Hole REG 26-27
Last month, Regency reported that the first hole of the drilling program intersected sulfide-specularite supported breccia across multiple zones within a broad, non-continuous interval of approximately 250 meters.
Hole REG 26-27 was drilled 50 meters above hole REG-25-26 and intersected mineralization about 100 meters down-dip below the historic Dios Padre silver mine workings and approximately 275 meters up dip from drill hole REG-25-25, the company stated.
"Hole REG-26-27 further strengthens our geological model at Dios Padre," Bragagnolo said at the time. "The identification of multiple porphyry dykes with associated sulfide-specularite breccias reinforces our view that these structures are fundamental drivers of mineralization. Systematically mapping and testing these features will be central to our strategy as we work to rapidly expand this emerging zone."
Hole REG-26-27 was the first in Regency's 2026 drill program and targeted 50 meters above the strongest mineralization observed in REG-25-26. A minimum of four holes, each between 500-650 meters in length, will be drilled near REG-25-26 to further investigate the mineralization and determine its orientation.
Company Sits At 'Interesting Intersection'
1According to a review by Technical Analyst John Newell on January 28, "The company's strategy is straightforward: acquire and advance high-quality projects in established mining districts, apply disciplined exploration, and grow value through discovery rather than financial engineering." Regency is led by a technically experienced team with a history of advancing exploration projects through discovery and development stages, Newell noted. The company has deliberately kept its focus tight, prioritizing geological upside and capital efficiency in an environment where patience has become an advantage.
What makes Dios Padre particularly timely is the combination of grade and geometry. The system remains open laterally and at depth, and the breccia-style mineralization suggests the potential for both scale and continuity, Newell said. Management has emphasized that ongoing drilling is targeting extensions of the known system, with geology supporting the possibility of a much larger mineralized footprint. "Equally important, Dios Padre is not an early-stage conceptual idea," he wrote. "It is a project with confirmed mineralization, expanding targets, and a clear exploration path forward, positioning Regency Silver to deliver steady news flow as drilling progresses."
Newell wrote, "The company controls a high-grade silver–gold system in a top-tier mining jurisdiction, drilling continues to confirm scale and continuity, and the share price appears to be transitioning from a long base into a new uptrend. Importantly, this is occurring as the broader precious metals sector shows renewed strength."
From a technical standpoint, Newell said Regency Silver's chart has undergone a significant transformation since his original analysis in the fall of 2025. Following a prolonged decline after initial exploration success, the shares spent a considerable time forming a broad base, seemingly exhausting selling pressure. Recently, the stock has broken out of a declining wedge pattern, a formation that typically resolves to the upside once confirmed. Notably, this breakout was accompanied by a noticeable increase in volume, indicating new buying interest in the stock. Instead of faltering, the shares have remained above previous resistance levels, consolidating constructively near the breakout point, which is consistent with a classic breakout-and-retest pattern and suggests accumulation rather than distribution.
Based on the updated chart, near-to intermediate-term technical targets are now identified at approximately CA$0.45, CA$0.65, and CA$0.95. In the longer term, if the broader precious metals cycle continues to strengthen and drilling at Dios Padre continues to yield positive results, the larger technical structure supports the potential for significantly higher prices over time.
"Regency Silver now sits at an interesting intersection," Newell wrote. "The company controls a high-grade silver–gold system in a top-tier mining jurisdiction, drilling continues to confirm scale and continuity, and the share price appears to be transitioning from a long base into a new uptrend. Importantly, this is occurring as the broader precious metals sector shows renewed strength."
As with all junior exploration companies, risk remains, the analyst cautioned. Results must continue to meet expectations, markets can shift rapidly, and exploration success is never guaranteed.
"That said, the combination of geology, management discipline, share structure, and improving technicals makes Regency Silver a compelling speculative opportunity at current levels," Newell wrote. "For investors comfortable with exploration risk and seeking leverage to silver and gold discovery, Regency Silver Corp. is considered a Speculative Buy."
The Catalyst: Despite Decline, Silver Could Still Outperform Gold in 2026
According to Pathikrit Bose writing for Yahoo! Finance on February 5, "Well, the party had to end sometime."
After a scorching rise in 2025, the key precious metals, gold and silver, have had a less-than-stellar start to 2026, Bose wrote. The Trump administration's decision to appoint the relatively hawkish Kevin Warsh as the new Federal Reserve chairman, following Jay Powell's term ending in May, abruptly halted the bullish momentum in gold and silver prices. Gold saw declines of 2-4%, while silver experienced a much sharper drop of 33% in a single trading session. These declines were largely attributed to a strengthening U.S. dollar and rising Treasury yields as investors adjusted to the prospect of a Warsh-led Fed, which many fear will be less likely to implement the aggressive rate cuts that fueled the 2025 rally.
Now, Bank of America's head of metals research, Michael Widmer, has issued another warning to silver enthusiasts, Bose said. He remarked that the metal's price could cap at US$309 for the year, although he suggested that silver could still outperform gold this year.
Silver's decline on Thursday significantly outpaced that of gold, with its sharp price drop leading to a downturn for the week, even as gold aimed to recover much of its recent losses in the precious metals market, reported Myra P. Saefong for MarketWatch on February 5.
High volatility levels and shifts in market positioning following a drop that pulled silver prices down by more than 30% in just two sessions contributed to silver's more than 9% drop on Thursday, far exceeding gold's more modest 1.2% decline, she wrote.
Volatility in silver was nearly three times higher than in gold, according to Michael Armbruster, co-founder and managing partner at futures brokerage Altavest, Saefong reported. On Thursday, the Cboe Silver ETF Volatility Index stood at around 95, while the Cboe Gold ETF Volatility Index was at about 36.
Streetwise Ownership Overview*
Regency Silver Corp. (RSMX:TSX.V; RSMXF:OTCQB)
Aakash Doshi, global head of gold and metals strategy at State Street Investment Management, noted that volatility isn't unique to this year. Historically, from the 1980s onwards, silver prices have been significantly more volatile compared to gold and the S&P 500, while gold has been less volatile than equities.
Silver has thinner financial liquidity and a smaller physical market in dollar terms, making it more susceptible to "pro-cyclical growth narratives" and larger drawdowns during volatility spikes, Doshi explained.
Ownership and Share Structure2
Members of Regency Silver's management team and its board own about 5% of the company. Of this total, CEO Bragagnolo, the largest shareholder overall, owns 3.79%. One institution, Palos Management Inc., holds 0.11%. Retail investors own the remainder.
After the December financing, Regency Silver has 120 million shares outstanding. Its market cap is CA$40.89 million. Its 52-week range is CA$0.09–0.44 per share.
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Important Disclosures:
- Regency Silver Corp. 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 Corp. 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.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Regency Silver Corp.
- Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- 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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1. Disclosure for the quote from the John Newell article published on January 28, 2026
- For the quoted article (published on January 28, 2026), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
- 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.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.










































