Capitan Mining Inc. reported continued exploration results from five reverse circulation (RC) drillholes from the Jesus Maria silver zone at its 100%-owned Cruz de Plata Project in Durango, Mexico. Capitan Mining continues to focus exploration activities on the expansion and delineation of the Jesus
Maria, high-grade, Ag-vein zone. Drillholes were designed as either step-outs along section or as strategic infills, to further delineate areas of high-grade Ag-mineralization. All drillholes reported herein, except for 22-JMRC-17 were step-out holes focused on expanding mineralization down-dip to the east of the Gully Fault. All drillholes were successful in intersecting Jesus Maria style mineralization, expanding the zone between 43m and 114m down-dip along section. Holes 22-JMRC-16, 18 and 19 were targeting the expansion of Jesus Maria Style mineralization to the southeast of the current drill defined boundary. All three holes returned multiple intervals of Jesus Maria style mineralization along their profiles ranging in width from 1.5m to 21.5m in length. All three holes were successful in extending the main body of Jesus Maria style mineralization down dip between 66m and 114m in their respective sections over a strike length of approximately 100m. The best results include 21.3m of 132.9 g/t Ageq, including 1.5m of 307.5 g/t
Ageq and 1.5m of 344.8 g/t Ageq in hole 22-JMRC-19 and 19.8m of 68.4 g/t Ageq in hole 22-JMRC-16. Additionally, the Company has been in talks with various geophysical groups with respect to conducting a property wide airborne magnetic/magnetotelluric survey across the property package this fall. In conjunction with this, a more focused program of deep penetrating, ground IP/resistivity is also being discussed, to be conducted over the Jesus Maria, and Capitan targets.