Masivo ceased drilling operations due to the significant winter snow conditions and are preparing to resume now that the project is more readily accessible. All drilling equipment remains on site which will allow for an expedited restart to the drilling program.
Masivo's exploration team has drilled hole number 2 to a depth of 280 feet and the technical team has approved a 150-foot extension of this hole to test additional projected mineralized targets. Initial drilling was designed to test extensions of the pre World War 2 resources. Upon completion of drilling holes number 2, 3 and 4 in the Boston Mine area, Masivo will move onto drilling the Montgomery tunnel target area where historical results include; 5 feet at 26.19 ppm Au, 59.31 ppm Ag and 1.81% Cu (RC hole CON-3) and a 3 foot channel sample at 29.49 ppm Au, 169.03 ppm Ag and 3.9% Cu (sample 83770).
Masivo is currently raising up to
Masivo filed for Price Preservation for up to 5.7 Million units at
About
Masivo is a Canadian junior silver and gold mining exploration company based in
Contact:
Tel: 602-315-1231
Email: dcoburn@masivosilver.com
Web: www.masivosilver.com
This press release contains 'forward-looking information' that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration plans. The words 'will', 'anticipated', 'plans' or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
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