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Zacatecas Silver Announces Arrival of Drill Rig and Drilling Crew at El Cristo

VANCOUVER, British Columbia, March 23, 2026 (GLOBE NEWSWIRE) — Zacatecas Silver Corp. (TSXV: ZAC | OTCQB: ZCTSF | FRA: 7TV) (“Zacatecas Silver” or the “Company”) is pleased to announce that Major Drilling Mexico, a wholly owned subsidiary of Major Drilling Group International Inc. (TSX:MDI) has commenced mobilization of a drill crew and a diamond drill rig […]

Mar 23, 2026 &03332323202631; 10:33 UTC financialpost.com Trending 3/5

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Neutral impact

Sentiment score: +15/100

Low impact Medium-term (weeks)

WHAT THIS MEANS

Zacatecas Silver Corp. has begun drilling operations at its El Cristo project in Mexico with Major Drilling mobilizing equipment and crew. This represents operational progress on the exploration stage project, though it is a routine development milestone rather than a discovery or production catalyst.

AI CONFIDENCE

72% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

⇅

ZAC

ZACStock

High volatility expected

Early-stage exploration company; drilling commencement is expected operational progress but lacks material discovery catalyst. Stock may see modest volume increase but lacks fundamental catalyst for sustained directional move.

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MDI

MDIStock

Uncertain

Major Drilling subsidiary contract is routine service work; immaterial to parent company MDI's consolidated results.

PRICE HISTORY

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⚡ SUGGESTED ACTION

Avoid chasing on this announcement. Monitor for actual drilling results (assay data) which would be material. Junior explorers frequently announce operational milestones; only drill results or resource upgrades justify position entry. Current sentiment is promotional rather than catalytic.

KEY SIGNALS

Operational milestone (drilling commencement) - expected event, not surpriseNo assay results, discovery, or resource estimate announcedEarly-stage exploration risk remains highTypical promotional announcement for junior explorerSilver market fundamentals not addressed

SECTORS INVOLVED

MaterialsMining & MetalsPrecious Metals Exploration

Analysis generated on Mar 23, 2026 at 10:35 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Financial Post. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Zacatecas Silver Announces Arrival of Drill Rig and Drilling Crew at El Cristo

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