Targa Mobilizes Drill Rig for El Zanjon Gold-Silver Project in Argentina
Event summary
- Targa Exploration Corp. received the final water permit for its El Zanjon gold-silver project in Santa Cruz, Argentina, on April 30, 2026.
- Drilling is expected to commence during the first week of May 2026, with a plan for 11 drill holes totaling 2,250 meters.
- The drill program targets two areas of interest identified from soil geochemistry and geophysics, aiming to find low-sulphidation epithermal gold-silver systems similar to those at the Cerro Vanguardia mine.
- Susy Horna joined Targa as Corporate Secretary, effective May 1, 2026.
The big picture
Targa's mobilization of a drill rig at the El Zanjon project marks a significant step in its exploration strategy, targeting high-potential gold-silver systems in a prolific mining district. The project's proximity to the Cerro Vanguardia mine underscores its strategic importance. The appointment of Susy Horna as Corporate Secretary also signals a focus on strengthening governance structures amid expanding exploration activities.
What we're watching
- Exploration Potential
- Whether the drill program at El Zanjon will confirm the presence of low-sulphidation epithermal gold-silver systems similar to those at Cerro Vanguardia.
- Regulatory Compliance
- The pace at which Targa can navigate regulatory and permitting processes for future exploration activities in Argentina.
- Corporate Governance
- How Susy Horna's appointment as Corporate Secretary will influence Targa's governance and compliance strategies.
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