Pantera Silver Corp. reported the initial drill results from its Nuevo Taxco Silver Project in the Pregones Mining District of Guerrero State, Mexico. Multiple gold and silver intervals were intersected in veins and stock-work zones, with individual sample intercepts to 225 g/t Ag and 1.85 g/t Au.

This initial drill program focused on two (2) of twenty-one (21) high grade silver veins previously mapped and surface sampled within the 1,100 hectare Property. Silver mineralization was confirmed at depth on the "La Negrilla" and "El Crestón de María" veins, and drilling intersected new mineralized structures and mineralized stock-works. The initial drill holes confirmed the continuity of the silver mineralization 50 m below the La Negrilla mine, in the same vein and in "splays" of that vein.

Drilling along the La Negrilla vein confirmed continuity of surface rock sample results generated by Impact Silver in 2013. These results confirm the continuity of silver mineralization to 50m below the historical La Negrilla workings and identify additional vein splay mineralization. The El Creston de Maria vein was selected for drilling owing to surface sample values of up to 1,100 gr/t Ag and 0.729 gr/t Au: drilling intersected stock-work mineralization to 108 g/t Ag (over 5.05m) and 1.86 g/t Au (over .86m).

With the discovery of a new gold zone and confirmation of mineralization continuous from the historical La Negrilla workings Pantera plans to detail the wider area with geological and structural mapping to sequence future drilling at the new gold target and to prepare for more extensive definition of the La Negrilla silver mineralization where the vein system is suspected of local widening and narrowing both longitudinally and to depth. Exploration drilling will also be expanded to other structures with high silver values on the remaining 19 mapped and surface sampled veins.