- 5.5 m @ 332 g/t AgEq1 (264 g/t Ag, 0.4 g/t Au, 0.3 % Pb and 0.6 % Zn), includes
- 1.5 m @ 1,112 g/t AgEq (943 g/t Ag, 1.1 g/t Au, 0.5 % Pb and 1.3 % Zn)
- 19.0 m @ 297 g/t AgEq (49 g/t Ag, 1.8 g/t Au, 0.8 % Pb and 1.4 % Zn)
- 25.2 m @ 178 g/t AgEq (82 g/t Ag, 0.5 g/t Au, 0.9 % Pb and 0.5 % Zn)
- 3.2 m @ 477 g/t AgEq (27g/t Ag, 0.3 g/t Au, 3.0 % Pb and 11.4 % Zn)
- 7.1 m @ 7.5 % Zn, 2.4 % Pb and 0.9 g/t Au
- 3.3 m @ 11.3 % Zn
- 0.4 m @ 10.2 g/t Au and 2.1 % Zn
The results confirm the presence of wide and high-grade zones of silver, gold, lead and zinc mineralization, close to the surface in a new mineralized structure paralled to the
_____________________________ | |
1 | AgEq is based on long term gold, silver, zinc and lead prices of |
The progress of the exploration program at
Highlights of the Yecora Vein in the
- Results from a total of 29 shallow core drill holes define a new mineralized zone.
- The footprint of the mineralized structures is approximately 500 m along strike, open in both directions, dipping 50˚ to 70˚ to the west.
- The mineralized structure sits on the geological contact between andesites and volcanic breccias, showing evidence of intense remobilization.
- The zone includes both a polymetallic, epithermal vein style of mineralization, from 2 to 5 m wide, in addition to disseminated sulphides, resulting in high grade zinc and lead in the host rock up to 25 m wide.
- There is an apparent zonation in the mineralized zone with polymetallic epithermal quartz veins sitting on the upper part of the system, dipping 50 ˚ to the west. The disseminated stockwork and veinlets with associated base metals mineralization occur mostly on the lower portion of the system. There is commonly narrow massive sphalerite-galena with associated silver and gold mineralization in the lower portion of the system.
- There is good continuity between the 50 m spaced drilled sections (on average), supporting the potential to define additional shallow resources.
- The proximity to the surface of most of the drill results, in combination with favourable topography, provides an immediate target for additional drilling along strike and down-dip.
The mineralized Ag-Au-Pb-Zn veins reported in this news release (Table 1), add to the potential for delineation of near surface polymetallic resources in multiple zones at the
The Company's diamond core drilling program at the
Table 1 summarizes the most significant drill assay results for this set of 29 drill holes released for the Yecora Vein in the
Table 1: Summary Surface Drill Hole Results - News Release
Hole No. | From | To | Drilled | Est. | Ag g/t | Au g/t | Pb % | Zn % | AgEq |
YES20-01 | 37.0 | 42.5 | 5.5 | 5.5 | 264 | 0.4 | 0.3 | 0.6 | 332 |
includes | 39.5 | 41.0 | 1.5 | 1.5 | 943 | 1.1 | 0.5 | 1.3 | 1,112 |
YE-1 | 80.9 | 83.9 | 3.0 | 3.0 | na | 1.4 | na | 1.2 | |
includes | 82.0 | 82.4 | 0.4 | 0.4 | na | 10.2 | na | 2.1 | |
YE-2 | 49.7 | 52.1 | 2.4 | 2.3 | na | 0.6 | na | 1.0 | |
YE-3 | 108.4 | 110.0 | 1.7 | 1.6 | na | 1.1 | na | na | |
YE-4 | 61.5 | 75.3 | 13.8 | 13.5 | na | 0.5 | na | na | |
YE-5 | 41.4 | 54.2 | 12.8 | 12.5 | na | na | 0.7 | 1.5 | |
YE-8 | 136.6 | 139.9 | 3.3 | 3.2 | na | na | na | 11.3 | |
YE-9 | 80.9 | 81.5 | 0.6 | 0.5 | na | na | na | 7.2 | |
99.3 | 100.3 | 1.0 | 1.0 | na | 2.3 | na | 0.2 | ||
YE-11 | 120.0 | 124.0 | 4.0 | 3.5 | 10 | 0.7 | na | na | |
YE-12 | 43.5 | 45.5 | 2.0 | 2.0 | 16 | na | 2.3 | 3.7 | 197 |
YE-13 | 58.4 | 59.1 | 0.7 | 0.7 | na | 0.2 | 0.2 | 2.3 | |
61.1 | 62.0 | 0.9 | 0.9 | na | 1.0 | na | na | ||
YE-15 | 66.0 | 67.0 | 1.1 | 1.1 | 9 | 0.9 | na | 19.3 | 632 |
YE-17 | 74.3 | 77.5 | 3.2 | 3.0 | 27 | 0.3 | 3.0 | 11.4 | 477 |
YE-19 | 86.5 | 93.6 | 7.1 | 7.0 | 13 | 0.9 | 2.4 | 7.5 | 388 |
YE-20 | 21.4 | 28.6 | 7.2 | 7.0 | na | na | 0.2 | 0.6 | |
31.0 | 34.6 | 3.6 | 3.5 | 12 | na | 1.5 | 1.3 | 100 | |
79.8 | 85.0 | 5.3 | 5.2 | 14 | 0.2 | 0.2 | 7.3 | 242 | |
YE-21 | 65.1 | 77.4 | 12.3 | 12.1 | na | na | 0.3 | 0.4 | |
YE-23 | 91.3 | 94.8 | 3.5 | 3.3 | na | na | 0.9 | 1.6 | |
116.2 | 126.7 | 10.5 | 10.0 | na | 0.6 | 1.0 | 5.0 | ||
YE-24 | 55.0 | 59.7 | 4.7 | 4.5 | na | na | 0.3 | 1.4 | |
YE-25 | 50.9 | 62.1 | 11.2 | 11.2 | na | na | 0.2 | 0.6 | |
146.8 | 148.8 | 2.0 | 2.0 | 18 | 1.0 | 1.7 | 10.4 | 464 | |
YE-26 | 17.1 | 32.1 | 15.0 | 15.0 | na | 0.1 | 0.3 | 1.0 | |
YE-27 | 35.4 | 60.5 | 25.2 | 25.0 | 82 | 0.5 | 0.9 | 0.5 | 178 |
YE-28 | 165.7 | 168.3 | 2.6 | 2.5 | na | na | 0.4 | 1.0 | |
171.3 | 172.9 | 1.6 | 1.4 | na | na | 0.6 | 2.1 | ||
179.2 | 184.5 | 5.3 | 5.0 | na | na | 0.5 | 1.2 | ||
YE-29 | 20.4 | 30.7 | 10.3 | 10.0 | 8 | 0.1 | 2.7 | 1.9 | 163 |
YE-30 | 52.5 | 61.8 | 9.3 | 9.0 | 10 | 0.1 | 1.5 | 2.0 | 127 |
66.1 | 85.2 | 19.1 | 19.0 | 49 | 1.8 | 0.8 | 1.4 | 297 | |
223.4 | 224.3 | 0.9 | 0.9 | 3 | 5.0 | na | na | ||
YE-31 | 105.5 | 108.1 | 2.6 | 2.5 | 10 | 1.0 | 5.4 | 1.9 | 349 |
134.3 | 137.0 | 2.7 | 2.6 | na | 0.4 | na | 2.4 | ||
178.7 | 182.0 | 3.3 | 3.2 | na | 2.4 | na | na | ||
YE-32 | 171.7 | 174.3 | 2.6 | 2.5 | na | 0.4 | na | 1.1 | |
182.1 | 184.4 | 2.3 | 2.2 | na | na | na | 1.4 | ||
YE-34 | 133.9 | 143.1 | 9.2 | 9.0 | na | 0.6 | na | 1.1 | |
YE-35 | 136.2 | 147.9 | 11.7 | 11.5 | na | na | na | 0.6 | |
150.1 | 155.9 | 5.8 | 5.6 | na | na | 0.2 | 0.6 | ||
208.6 | 211.5 | 2.9 | 2.7 | na | 0.2 | na | 1.1 | ||
221.3 | 223.6 | 2.3 | 2.1 | na | 0.6 | na | 2.2 | ||
YE-36 | 160.7 | 166.5 | 5.8 | 5.5 | na | 0.5 | na | na | |
270.4 | 280.8 | 10.4 | 10.0 | na | na | na | 0.6 |
*AgEq is based on long term gold, silver, zinc and lead prices of |
The 29 drill holes in this news release were generated by: (a)
Table 2 provides collar coordinates for the drill holes presented in this news release.
Table 2: Drill Hole Locations – News Release
Hole No. | East (m) | North (m) | RL (m) | Az. | Dip | Depth (m) |
YES20-01 | 447753 | 2550717 | 821 | 270 | 70 | 118.5 |
YE-1 | 447834 | 2550460 | 783 | 235 | 75 | 136.1 |
YE-2 | 447834 | 2550460 | 783 | 235 | 45 | 107.6 |
YE-3 | 447834 | 2550460 | 783 | 0 | 90 | 118.8 |
YE-4 | 447815 | 2550485 | 786 | 238 | 77 | 144.3 |
YE-5 | 447815 | 2550484 | 786 | 0 | 90 | 150.9 |
YE-8 | 447815 | 2550484 | 786 | 238 | 55 | 139.8 |
YE-9 | 447855 | 2550513 | 796 | 238 | 71 | 143.8 |
YE-11 | 447855 | 2550513 | 796 | 0 | 90 | 172.7 |
YE-12 | 447814 | 2550478 | 783 | 235 | 66 | 207.1 |
YE-13 | 447797 | 2550550 | 793 | 235 | 73 | 129.3 |
YE-15 | 447797 | 2550592 | 798 | 235 | 60 | 184.1 |
YE-17 | 447797 | 2550592 | 798 | 235 | 78 | 205.2 |
YE-19 | 447797 | 2550592 | 798 | 0 | 90 | 207.5 |
YE-20 | 447715 | 2550631 | 818 | 0 | 90 | 209.5 |
YE-21 | 447765 | 2550629 | 796 | 0 | 90 | 167.3 |
YE-23 | 447839 | 2550615 | 816 | 235 | 75 | 169.6 |
YE-24 | 447765 | 2550629 | 796 | 235 | 75 | 127.2 |
YE-25 | 447839 | 2550615 | 816 | 0 | 90 | 212.3 |
YE-26 | 447715 | 2550631 | 818 | 270 | 75 | 236.3 |
YE-27 | 447746 | 2550686 | 811 | 270 | 70 | 210.7 |
YE-28 | 447839 | 2550615 | 816 | 55 | 78 | 220.8 |
YE-29 | 447715 | 2550631 | 818 | 270 | 65 | 205.3 |
YE-30 | 447746 | 2550686 | 811 | 0 | 90 | 247.0 |
YE-31 | 447893 | 2550463 | 795 | 0 | 90 | 204.5 |
YE-32 | 447893 | 2550463 | 795 | 235 | 55 | 190.6 |
YE-34 | 447856 | 2550365 | 793 | 270 | 65 | 208.3 |
YE-35 | 447876 | 2550225 | 821 | 0 | 90 | 233.3 |
YE-36 | 447857 | 2550365 | 793 | 0 | 90 | 280.7 |
All numbers are rounded. |
The Company believes that the
Qualified Person
The scientific and technical data contained in this News Release related to the
Quality Assurance Program and Quality Control Procedures ("QA/QC")
The Company has implemented QA/QC procedures which include insertion of blank and standard samples in all sample lots sent to SGS de México, S.A. de C.V laboratory facilities in
About
PLOMOSAS SILVER PROJECT
The 100%-owned assets include all facilities and infrastructure including: access roads, surface rights agreement, water use permit, 8,000 m of underground workings, water access, 60 km - 33 KV power line, offices, shops, 120-person camp, infirmary, warehouses and assay lab representing approximately
The silver and gold mineralization on this Project display the alteration, textures, mineralogy and deposit geometry characteristics of a low sulphidation epithermal silver-gold-base metal vein/breccia mineralized system. Previous exploration was focused on Pb-Zn-Ag-Au polymetallic shallow mineralization, hosted in NW-SE structures in the vicinity of the Plomosas mine. The E-W portion of the mineralization and extensions for the main N-S Plomosas fault remains under-explored.
SAN MARCIAL PROJECT
San Marcial is a near-surface, high-grade silver-lead-zinc open pit-amenable project.
Plomosas and San Marcial collectively represent a geological setting resembling the multimillion-ounce
OTHER PROJECTS
Mr.
Facebook LinkedIn Twitter
Neither the
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
SOURCE
© Canada Newswire, source