Rakanco Silver Project

Located in the Mejillones and Sabaya Provinces of the Oruro Department in southwest Bolivia, the Rakanco Silver Project encompasses three mineral claims covering 17,975 hectares within one of the world’s most historically prolific silver regions.

The district hosts a long history of silver production, including the historic Todos Santos mine, and lies in close proximity to the recently discovered Carangas silver deposit. Despite its demonstrated mineral endowment, the broader Rakanco district has seen limited application of modern exploration techniques, presenting a compelling opportunity for systematic discovery.

Pantera Silver is applying an integrated, data-driven exploration approach designed to identify and prioritize high-conviction drill targets across this district-scale land package. By combining historical information with modern geological, geophysical, and geochemical datasets, the Company aims to unlock the potential of what could represent a significant new silver discovery.

Key Features

• District-scale land position encompassing 17,975 hectares
• Located within a historically productive silver belt in southwest Bolivia
• Multiple prospective target areas, including the historic Todos Santos mine and La Riviera target
• Integrated geological, spectral, magnetic, and field datasets indicating the presence of a large hydrothermal system
• Untested geophysical anomalies with discovery potential
• Favorable topography and year-round accessibility
• Positioned within the major Andean metallogenic belt

Exploration Strategy

Pantera employs a disciplined exploration methodology that integrates multiple datasets to reduce uncertainty and systematically advance the highest-priority targets toward drill testing.

The Company’s approach combines:

• Historical data compilation and interpretation
• Geological mapping and structural analysis
• Rock and regolith geochemical sampling
• Satellite spectral interpretation
• High-resolution drone magnetic surveys
• Induced polarization (IP) and resistivity geophysics
• Integrated target modelling and ranking

This process is designed to efficiently identify the most prospective areas within the district and maximize the effectiveness of exploration expenditures.

Exploration Program

Bolivia is entering a new cycle of foreign investment, mining reform, and institutional stability. Major silver districts remain under-explored due to historic underinvestment—creating a rare first-mover opportunity.

Pantera is advancing Rakanco through a series of clearly defined milestones designed to culminate in the Company’s inaugural discovery drill campaign.

Planned Activities

• High-resolution drone magnetic surveys

• Induced polarization (IP) and resistivity surveys

• Geochemistry and structural mapping

• Integration of geological and geophysical datasets

• Final target modelling and prioritization • Initial 5,000-metre discovery drilling program

These programs are intended to refine and validate priority targets while providing multiple exploration catalysts as the project advances.