Pantera Silver

What Pantera Silver does

Pantera Silver Corp. (TSXV: PNTR, OTC: PNTRF), incorporated in British Columbia, Canada, and headquartered in Vancouver, is a junior mineral exploration company singularly focused on silver discovery. Founded in 2020 (originally as Red Oak Mining Corp.), the company underwent a strategic repositioning in late 2024 with the acquisition of the flagship Rakanco Silver Project — a 17,975-hectare district-scale land package comprising three contiguous concessions (Fahed, Rakan, Nada) in the Oruro Department of Bolivia, located adjacent to New Pacific Metals' Carangas silver discovery in a historically productive but underexplored silver belt. A previously held Mexican asset, the Nuevo Taxco Silver Project (~1,100 hectares, Guerrero), was relinquished in March 2026 to consolidate capital and technical focus on Bolivia.

The company applies a systematic, data-driven exploration workflow combining multispectral/hyperspectral satellite imaging, high-resolution drone-mounted magnetic surveys, satellite-derived topographic analysis, and planned induced polarization (IP) geophysics to identify and prioritize drill targets. Survey work completed by April 2026 has moved Rakanco into drill-target definition, with an initial 5,000-metre drilling program as the next major milestone. Exploration is overseen by a technically credentialed team: Ian Graham (Independent Director and effectively the GEO; 25+ years experience including as Chief Exploration Officer at Rio Tinto, and President of Oroco Resources), and Dr. Tom Henrickson (Qualified Person for Rakanco, founder of Plan B Minerals / Forte Minerals). Corporate leadership comprises Jay Roberge (Chairman/CEO) and Lucy Zhang (CFO, CPA).

Pantera Silver is pre-revenue and has no product or service revenue line. The company funds all exploration through non-brokered private placements of unit offerings (common shares plus warrants), with three oversubscribed placements closed in 2024–2025 totaling approximately C$7.7M (C$1.37M at C$0.12/unit in July 2024; ~C$2.45M in March 2025; C$3.85M at C$0.50/unit in October 2025). As of Q1 2026 the capitalization table showed 67.9M shares outstanding, 11.4M warrants, 2M options, with a market capitalization of approximately C$7.2M. The economic counterparties are therefore retail and institutional resource-sector investors rather than commercial customers; the company's product is equity exposure to discovery-stage silver upside.

Name

Pantera Silver

Legal name

Pantera Silver Corp.

Website

https://panterasilver.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Pantera Silver Corp. is a pre-revenue Canadian junior mineral exploration company advancing the 17,975-hectare Rakanco Silver Project in Bolivia using satellite, drone magnetic, and IP surveys. It funds exploration exclusively through TSXV-listed equity raises, offering investors exposure to district-scale silver discovery.

Ownership category

akta.pro rank

Product category

Silver Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Silver Mining (IMAKAEAB)

Keywords

• Silver mineral exploration
• Junior mining company
• Mineral property development
• Precious metals exploration
• Resource discovery drilling

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Capital Raising (Pre-Revenue): Pantera Silver is a pre-revenue mineral exploration company. The company generates no operating revenue and funds its exploration activities entirely through equity capital raises including private placements, warrant exercises, and institutional/institutional investor funding. The company has no product or service revenue at its current exploration stage.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Pantera Silver Corp. is a pre-revenue Canadian junior mineral exploration company whose core offering is the discovery and advancement of high-quality silver assets, anchored by its flagship Rakanco Silver Project covering 17,975 hectares across three mineral claims (Fahed, Rakan, Nada) in southwest Bolivia. The company sells no products or services; it funds systematic, data-driven exploration of the Rakanco district using satellite spectral analysis, drone magnetic surveys, and induced polarization surveys to define drill targets, and raises capital by issuing equity securities to investors via the TSX Venture Exchange, OTC Markets, and non-brokered private placements.

Product overview

Pantera Silver Corp. is a Canadian mineral exploration company focused on silver asset discovery. The company operates two primary projects: the flagship Rakanco Silver Project in Bolivia covering 17,975 hectares, and the Nuevo Taxco Silver Project in Mexico covering approximately 1,100 hectares. The company applies systematic, data-driven exploration approaches including satellite spectral analysis, drone magnetic surveys, and induced polarization surveys to identify and prioritize drill targets for silver discovery.

Differentiator

Problem solved

Functional benefit

Products and services

• Rakanco Silver Project Flagship district-scale silver exploration project spanning 17,975 hectares across three mineral claims (Fahed, Rakan, and Nada) in the Mejillones and Sabaya Provinces of Oruro Department, Bolivia. Systematic exploration uses satellite spectral analysis, drone magnetic surveys, and induced polarization surveys to define drill targets, positioned adjacent to the Carangas silver discovery and historic Todos Santos mine.
• Nuevo Taxco Silver Project Silver exploration project located approximately 40 km northwest of Taxco, Guerrero, Mexico, covering approximately 1,100 hectares with 21 mapped high-grade silver veins over a 135-hectare area and assays ranging from 100 g/t to over 1,000 g/t silver. The company elected in March 2026 not to allocate additional resources and to relinquish the concession.

Quantifiable outcome

• 559.8 Moz silver equivalent resource adjacent to Rakanco Project at Carangas deposit (New Pacific Metals)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Rakanco Project Vendors (Bolivia)coreStrategic or Co-development Partner · 3 December 2024Pantera Silver entered a definitive agreement to acquire exclusive right and option to acquire 100% interest in the Rakanco Project (three mineral claims, 17,975 hectares) in Bolivia. Terms include cash payments of $470,000 USD, issuance of 2.9 million common shares, exploration expenditures of $1,275,000 USD over four years, plus a 2% NSR royalty (buyable for $2.5M USD for 1%) and PEA milestone payment of $1.25M cash plus 1.25M shares.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• New Pacific Metals Corp. TSX-listed silver explorer whose flagship Carangas deposit (559.8 Moz AgEq) is immediately adjacent to Pantera's Rakanco Project in the same Oruro Department belt of Bolivia. Direct geological neighbor and the most relevant benchmark for Pantera's district-scale exploration thesis.
• IMPACT Silver Corp. TSXV-listed junior silver producer/explorer in Mexico with producing assets. Relevant comparable on operational profile (single-commodity silver focus) and via shared personnel — Pantera's Carlos Cham previously served as Technical Advisor to IMPACT.
• MAG Silver Corp. Mid-tier silver-focused mining company with the Juanicipio project in Mexico. Provides a relevant scaled benchmark for what a successful silver-discovery story can become, illustrating the upside trajectory Pantera aspires to.
• Avino Silver & Gold Mines Ltd. TSX-listed silver and gold producer with operations in Mexico. Comparable as a small-cap silver miner with a single primary jurisdiction and exploration-stage assets complementing production, similar to Pantera's intended growth path.
• Endeavour Silver Corp. TSX-listed silver producer operating multiple mines in Mexico. Provides a relevant benchmark for junior-to-mid-cap silver economics, project development, and Latin American jurisdictional exposure.
• Bear Creek Mining Corporation: TSXV-listed silver developer advancing the Corani project in Peru. Comparable as a Latin American-focused single-asset silver developer at a similar stage of project advancement, with overlapping jurisdictional and development risks.
• Silver Tiger Metals Inc. TSXV-listed silver explorer/developer with the El Tigre project in Mexico. Highly relevant as a junior silver-discovery story transitioning from exploration toward resource definition — analogous to the next phase Pantera is targeting.
• Defiance Silver Corp. TSXV-listed junior silver explorer with assets in Mexico. Directly comparable on scale, jurisdiction (Latin America), and the single-commodity silver discovery thesis.

Broad incumbents

• First Majestic Silver Corp. Senior silver producer with multiple operating mines across Mexico and Latin America. Provides a relevant 'successful-exit' benchmark for what a scaled silver company can look like, and a potential strategic acquirer of juniors like Pantera.

Regional players

• CopAur Resources Inc. TSXV-listed junior exploration company where Pantera's CEO Jay Roberge serves as a Director. Comparable as a small-cap Canadian-listed precious metals explorer, with overlapping management networks and similar capital-markets-led go-to-market motion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/corppantera
• Facebookfacebook.com/PanteraSilverCorp
• LinkedInlinkedin.com/company/pantera-silver-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pantera Silver