Safi Silver Advances Addana Drilling Program

Safi Silver Corp. said on May 19 that the first hole in its 2026 diamond drilling campaign at the Addana project in southern Morocco has been completed and a second hole is now under way. The Toronto-based explorer said Hole #2 is expected to be finished before May 23, with current work focused on the southwestern part of the property, where historical work and recent mapping identified structurally controlled mineralized zones in quartz-carbonate veins. The company is targeting polymetallic silver mineralization at Addana, one of two projects it holds in Morocco. Safi Silver trades on the TSX Venture Exchange under the symbol SF and on the OTC market under PNTZF. ### Where exactly is the drilling happening? The Addana project covers about 112 square kilometers across seven exclusive prospecting permits in the Addana Mountains in Tata Province, southern Morocco, according to the company’s project materials. The site lies near Akka, roughly 300 kilometers southeast of Agadir, and the current drilling phase is centered on the project’s southwestern target area. (safisilver.com) Safi Silver has described Addana as a silver- and lead-bearing polymetallic vein system within Morocco’s Anti-Atlas belt. Company materials say mapped veins are visible across about 40 kilometers of strike and that historical workings, surface sampling and structural mapping were used to define the current drill targets. ### What has the company completed so far? (safisilver.com) The May 19 update said drilling on the first hole has been completed and drilling has started on the second hole. Safi Silver said operations have progressed smoothly, with drill core recovery and geological logging meeting the company’s expectations to date. (safisilver.com) The broader 2026 campaign was outlined on March 3 as a 12-hole program totaling up to 2,100 metres, with target depths of 150 to 200 metres per hole. That plan called for five holes at Antenna Hill and seven holes at Addana Southwest, with GeoSond Maroc contracted to carry out the drilling. (safisilver.com) ### What happens to the core after it comes out of the ground? Safi Silver said recovered core is being processed, photographed, logged and prepared for sampling at the company’s facilities in Igdi before shipment for testing. The company said the material is being sampled in batches as drilling advances. (safisilver.com) Afrilab in Marrakech will analyze samples from the Addana program, Safi Silver said. The company described Afrilab as an SGS- and ISO-certified independent analytical laboratory and said the testing methods for this program include fire assay, atomic absorption spectroscopy and inductively coupled plasma mass spectrometry. (safisilver.com) ### What has management said about the pace of the program? Andreas Rompel, Safi Silver’s chief exploration officer, said in the May 19 release that the company was encouraged by the progress of the drill program and by the performance of local operating teams. Rompel said batch sampling was intended to keep a steady flow of material moving to the laboratory while maintaining quality control procedures and assay turnaround. (safisilver.com) Jed Richardson, Safi Silver’s president and chief executive, said the Addana drilling campaign marked another milestone in the company’s shift toward a Morocco-focused polymetallic silver exploration strategy. Richardson said the company was pleased to see the second hole advancing after completion of the first. (safisilver.com) ### How does this fit into Safi Silver’s broader Morocco portfolio? Safi Silver said it holds two projects in southern Morocco — Addana and Silver Hill — covering a combined 128 square kilometers. The company changed its name from Trigon Metals to Safi Silver in April 2026, according to its website. The Addana project remains the more advanced of the two Moroccan assets. (safisilver.com) Company materials say the inaugural drill program is designed to test continuity of high-grade mineralization at depth, strike extensions of mapped structures and untested geophysical anomalies interpreted as possible feeder zones. ### What comes next in the Addana campaign? (safisilver.com) Hole #2 is expected to be completed before May 23, Safi Silver said in the May 19 update. The next steps are continued drilling, ongoing batch sampling at Igdi and analytical work at Afrilab in Marrakech as the 12-hole, 2,100-metre campaign proceeds across the Addana Southwest and Antenna Hill targets. (safisilver.com) (safisilver.com)