Drilling Highlights
Hole CAR23-008 returned 1.09 g/t Au and 17.35 g/t Ag over 11 m from 81 m down hole at the Central Target including 1.53 g/t Au and 27.82 g/t Ag over 6 m.
Hole CAR23-012 returned 2.75 g/t Au and 20.94 g/t Ag over 10 m from 79 m down hole at the Northwest Target. This is part of a broader mineralized interval of 1.3 g/t Au and 11.73 g/t Ag over 24 m from 73 m downhole.
According to
Halcones drilled 7 holes totaling 1,524 m, drill testing the depth extent of surface sample results announced in
Next Steps
Assays have now been received from all seven holes. The Halcones exploration team is analysing these results before planning next steps for the Carachapampa project.
Table 1: Assay summary
Figure 1: Carachapampa project location
Figure 2: Property map showing drill hole locations
Figure 3: Cross sections for holes CAR-23-08 and CAR-23-12
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Mr.
About
Halcones is focused on exploring for and developing gold-silver projects in the Maricunga Belt,
For further information, please contact:
Investor Relations
vincent.chen@halconespm.com
www.halconespreciousmetals.com
Cautionary Note Regarding Forward-looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, regarding the prospectivity of the Project, the mineralization of the Project, the Company’s exploration program, the Company’s ability to explore and develop the Project and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Halcones, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Halcones has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Halcones does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/032fe3de-7945-46b7-b2c4-9288a739e6e6
https://www.globenewswire.com/NewsRoom/AttachmentNg/ca933b03-00a7-43ea-819e-81d37f810837
https://www.globenewswire.com/NewsRoom/AttachmentNg/f0fad446-0013-4a0a-9503-1fb774518b07
https://www.globenewswire.com/NewsRoom/AttachmentNg/9780cd4a-1f2f-45d3-8509-f4a0f6e4f3a9
https://www.globenewswire.com/NewsRoom/AttachmentNg/1c704168-f37c-46cf-945a-ded4f621f729
Table 1
Assay Summary
Figure 1
Carachapampa project location
Figure 2
Property map showing drill hole locations
Figure 3a
Cross sections for hole CAR-23-08
Figure 3b
Cross sections for hole CAR-23-12
2023 GlobeNewswire, Inc., source