Black Bear Minerals Completes Acquisition of High-Grade Shafter Silver Project in Texas
Black Bear Minerals Limited (ASX: BKB) has completed the acquisition of 100% of the high-grade Shafter Silver Project in Presidio County, Texas, securing ownership of a previously producing mine supported by AU$150 million worth of existing mine and processing infrastructure. The acquisition comes after the company strengthened its balance sheet through a AU$30 million placement at AU$0.65 per share.
The project’s strategic importance has surged following China’s October 2025 silver export restrictions and the metal’s recent addition to the U.S. Critical Minerals List, heightening demand for domestic supply. Shafter includes extensive historic underground workings, a NI 43-101 foreign mineral resource, and significant exploration upside across a 4-kilometre mineralised trend.
Black Bear plans to commence a staged 12–24-month exploration program targeting extensions to the Shafter zone and the historic Presidio Mine, with drilling, metallurgical test work, mine surveys, and technical studies feeding into a maiden JORC resource and future development pathway.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au
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Black Bear Minerals Completes Acquisition of High-Grade Shafter Silver Project in Texas
Black Bear Minerals Limited (ASX: BKB) has completed the acquisition of 100% of the high-grade Shafter Silver Project in Presidio County, Texas, securing ownership of a previously producing mine supported by AU$150 million worth of existing mine and processing infrastructure. The acquisition comes after the company strengthened its balance sheet through a AU$30 million placement at AU$0.65 per share.
The project’s strategic importance has surged following China’s October 2025 silver export restrictions and the metal’s recent addition to the U.S. Critical Minerals List, heightening demand for domestic supply. Shafter includes extensive historic underground workings, a NI 43-101 foreign mineral resource, and significant exploration upside across a 4-kilometre mineralised trend.
Black Bear plans to commence a staged 12–24-month exploration program targeting extensions to the Shafter zone and the historic Presidio Mine, with drilling, metallurgical test work, mine surveys, and technical studies feeding into a maiden JORC resource and future development pathway.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au