Silverco Is Hitting Kilo-Grade Silver Into a Mine Restart

Silverco Mining (TSXV: SICO) is pulling kilo-grade silver out of the ground just as it lines up a mine restart. That is the kind of setup that gets a small-cap noticed.

Silverco is a primary silver developer built around the Cusi Mine in Chihuahua, Mexico. Its 2026 program spans 30,000 metres of underground and surface drilling, and the early results are loud: 1,100 g/t Ag over 10.3 metres, including a scorching 6,452 g/t AgEq over 0.7 metre from the Promontorio zone.

Here is the upside case. Silverco is targeting an H2 2026 mine restart, turning drill grades into potential production in an elevated silver-price environment. Its base-case economics show an after-tax NPV of US$104.1M and an IRR of 94.8% at US$44.58/oz silver. Management pitches Cusi as one of the highest-leverage primary silver development plays on the TSXV.

The bear case: a mine restart is capital-intensive and execution-heavy, and any slip in timeline or a pullback in silver prices could pressure those headline economics.

High grades, a restart clock, and a bid under silver. Silverco is one to watch.

This is market commentary, not investment advice — small-cap resource stocks are highly speculative and you can lose your entire investment.