Highlights
Infill drilling at El Domo:
- CURI-340 intersected 18.70 metres of 1.82% copper, 1.27 g/t gold, 1.19% zinc, 103.2 g/t silver, and 0.10% lead for 4.32% CuEq. – including 12.28 metres of 2.77% copper, 1.76 g/t gold, 1.79% zinc, 155.3 g/t silver and 0.15% lead for 6.41% CuEq.
- CURI-341 intersected 4.34 metres of 1.13% copper, 7.16 g/t gold, 9.72% zinc, 495.7 g/t silver, and 2.59% lead for 15.90% CuEq. – including 3.32 metres of 0.90% copper, 8.78 g/t gold, 11.94% zinc, 626.0 g/t silver and 3.33% lead for 19.25% CuEq.
Exploration drilling to test eastern extents of
- CURI-339 intersected 9.23 metres of 1.53% copper, 0.47 g/t gold, 0.02% zinc, and 1.6 g/t silver for 1.92% CuEq. – including 4.12 metres of 3.40% copper, 0.50 g/t gold, 0.03% zinc, and 2.7 g/t silver for 3.82% CuEq.
El Domo Infill Drilling Program
To support the ongoing feasibility study for
Drill hole CURI-340 intersected a thick section of massive sulphide mineralization from 99.00 to 117.70 metres, grading 1.82% copper, 1.27 g/t gold, 1.19% zinc, 103.2 g/t silver and 0.10% lead (4.32% CuEq). This includes a copper and silver-rich subsection from 99.00 to 101.43 metres, grading 10.57% copper, 3.47 g/t gold, 5.04% zinc, 630.7 g/t silver and 0.25% lead (21.67% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag | Pb (%) | CuEq(1) (%) | Approx. True |
CURI-340 | 99.00 | 117.70 | 18.70 | 1.82 | 1.27 | 1.19 | 103.2 | 0.10 | 4.32 | 14.96 |
including | 99.00 | 111.28 | 12.28 | 2.77 | 1.76 | 1.79 | 155.3 | 0.15 | 6.41 | 9.82 |
including | 99.00 | 101.43 | 2.43 | 10.57 | 3.47 | 5.04 | 630.7 | 0.25 | 21.67 | 1.94 |
(1) | Metal equivalency based on |
CURI-341 intersected mineralized grainstone unit from 67.70 to 80.06 metres directly in the hanging wall of the massive sulphide mineralization. A copper and gold-rich subset of the grainstone unit occurs from 70.62 to 71.00 metres, grading 4.10% copper, 3.36 g/t gold, 2.74% zinc, 86.9 g/t silver, and 0.31% lead (8.62% CuEq). The massive sulphide mineralization was intersected from 80.06 to 84.40 metres, grading 1.13% copper, 7.16 g/t gold, 9.72% zinc, 495.7 g/t silver, and 2.59% lead (15.90% CuEq). A higher-grade subset was intersected from 80.58 to 83.90 metres, grading 0.90% copper, 8.78 g/t gold, 11.94% zinc, 626.0 g/t silver, and 3.33% lead (19.25% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu | Au | Zn | Ag | Pb | CuEq(1) (%) | Approx. True |
CURI-341 | 70.62 | 71.00 | 0.38 | 4.10 | 3.36 | 2.74 | 86.9 | 0.31 | 8.62 | 0.30 |
80.06 | 84.40 | 4.34 | 1.13 | 7.16 | 9.72 | 495.7 | 2.59 | 15.90 | 3.87 | |
including | 80.58 | 83.90 | 3.32 | 0.90 | 8.78 | 11.94 | 626.0 | 3.33 | 19.25 | 2.66 |
(1) | Metal equivalency based on |
An additional 355 metres of drilling has been planned to convert Inferred mineral resources to the Indicated category as defined in the 2019 mineral resource estimate while 1,200 metres has been planned for geomechanical data collection of the eastern open pit wall proposed. All results from the current infill definition drilling program will be used to update the Mineral Resource estimate for the El Domo deposit in 2021. The updated Mineral Resource estimate will be part of the ongoing feasibility study for the development of the El Domo deposit (see
For reference, the last Mineral Resource estimate for
El Domo East Exploration Drill Results
Two drill holes totaling 533 metres were successfully completed on exploration targets identified along the eastern margin of the 2019 Mineral Resource estimate for
Drill hole CURI-339 intersected two sections of semi-massive sulphide mineralization separated by significant gypsum hydrothermal alteration. The second section is copper-rich semi-massive sulphide mineralization from 208.87 to 218.10 metres, grading 1.53% copper, 0.47g/t gold, 0.02% zinc, and 1.6 g/t silver (1.92% CuEq). A subset interval of semi-massive sulphide mineralization possesses higher-grade from 210.90 to 215.02 metres, grading 3.40% copper, 0.50 g/t gold, 0.03% zinc, and2.7 g/t silver (3.82% CuEq). See Figure 3 showing a section with CURI-339, and the potential to continue to expand to the east.
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu | Au | Zn | Ag | Pb | CuEq(1) (%) | Approx. True |
CURI-339 | 201.68 | 204.88 | 3.20 | 0.32 | 0.42 | 0.08 | 3.7 | 0.02 | 0.71 | 2.24 |
208.87 | 218.10 | 9.23 | 1.53 | 0.47 | 0.02 | 1.6 | 0.00 | 1.92 | 6.46 | |
including | 210.90 | 215.02 | 4.12 | 3.40 | 0.50 | 0.03 | 2.7 | 0.00 | 3.82 | 2.88 |
(1) | Metal equivalency based on |
Drill hole CURI-338 did not intersect massive sulphide mineralization, however, it passed through mineralized and hydrothermally altered footwall felsic volcanic autobreccia from 253.02 to 295.60 metres. A short interval of footwall style mineralization is present from 253.02 to 255.69 metres grading 0.37% copper, 0.10 g/t gold, 0.64% zinc, 3.0 g/t silver, and 0.02% lead (0.71% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu | Au | Zn | Ag | Pb | CuEq(1) (%) | Approx. True |
CURI-338 | 253.02 | 255.69 | 2.67 | 0.37 | 0.10 | 0.64 | 3.0 | 0.02 | 0.71 | 1.87 |
253.02 | 253.71 | 0.69 | 0.12 | 0.26 | 1.58 | 8.5 | 0.06 | 1.00 | 0.48 |
(1) | Metal equivalency based on |
Update on Regional Drilling at Curipamba – Beginning at La Vaquera
Located approximately 8 km southwest of the El Domo deposit, the first regional exploration drill hole at the La Vaquera target, has been successfully completed to a depth of 457.8 metres (CREG-001). In total, 15 compelling regional targets have been defined during the Partners' target generation initiative ("TGI") process (see
Core logging and sampling of CREG-001 is in progress with the drill rig now having moved onto the second priority platform in the La Vaquera area. This drilling is part of the 3,000-metre La Vaquera-Sesmo Sur program that is expected to finish in first quarter of 2021. Drill collar location coordinates are summarized for the regional drilling program in Table 3 at the end of this news release.
Technical Information and Quality Control & Quality Assurance ("QAQC")
The Curipamba project work program is being managed and reviewed by Vice President Exploration,
Qualified Person
The technical information of this news release has been reviewed and verified as accurate by Mr.
About Adventus
About Salazar
Neither the
This press release contains "forward -looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.
Forward-looking information herein includes, but is not limited to, statements that address activities, events, or developments that Adventus and Salazar expect or anticipate will or may occur in the future. Although Adventus and Salazar have attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Adventus and Salazar undertake to update any forward-looking information except in accordance with applicable securities laws.
Table 1: Drill Collar Information for Infill Drill Holes at El Domo in News Release 20-22
Hole ID | EAST | NORTH | ELEV | AZIMUTH | DIP | DEPTH | COMMENT |
CURI-354 | 695057 | 9855149 | 894 | 55 | -54 | N/A | In Progress |
CURI-353 | 695094 | 9855122 | 908 | 192 | -45 | N/A | In Progress |
CURI-352 | 695057 | 9855149 | 894 | 306 | -77 | 78.0 | Successfully completed per design |
CURI-351 | 695057 | 9855149 | 894 | 338 | -59 | 77.0 | Successfully completed per design |
CURI-350 | 695094 | 9855122 | 908 | 180 | -57 | 85.7 | Successfully completed per design |
CURI-349 | 695094 | 9855122 | 908 | 263 | -51 | 130.2 | Successfully completed per design |
CURI-348 | 695094 | 9855082 | 910 | 276 | -45 | 135.1 | Successfully completed per design |
CURI-347 | 695094 | 9855082 | 910 | 105 | -54 | 91.0 | Successfully completed per design |
CURI-346 | 695094 | 9855082 | 910 | 52 | -69 | 83.4 | Successfully completed per design |
CURI-345 | 695094 | 9855082 | 910 | 142 | -48 | 95.7 | Successfully completed per design |
CURI-344 | 695094 | 9855082 | 910 | 360 | -60 | 84.1 | Successfully completed per design |
CURI-343 | 695094 | 9855082 | 910 | 192 | -45 | 142.0 | Successfully completed per design |
CURI-342 | 695041 | 9854913 | 888 | 346 | -45 | 137.1 | Successfully completed per design |
CURI-341 | 695134 | 9854922 | 917 | 360 | -60 | 117.4 | Successfully completed per design |
CURI-340 | 695134 | 9854922 | 917 | 360 | -45 | 149.0 | Successfully completed per design |
Note: UTM Datum (Provisional South American 1956, Zone 17) |
Table 2: Drill Collar Information for Exploration Drill Holes at El Domo in News Release 20-22
Hole ID | EAST | NORTH | ELEV | AZIMUTH | DIP | DEPTH | COMMENT |
CURI-339 | 695448 | 9855287 | 1031 | 286 | -81 | 237.0 | Successfully completed per design |
CURI-338 | 695570 | 9855450 | 1070 | 270 | -75 | 296.0 | Successfully completed per design |
Note: UTM Datum (Provisional South American 1956, Zone 17) |
Table 3: Drill Collar Information for Exploration Drill Holes at La Vaquera-Sesmo Sur in News Release 20-22
Hole ID | EAST | NORTH | ELEV | AZIMUTH | DIP | DEPTH | COMMENT |
CREG-001 | 690855 | 9848700 | 544 | 270 | -60 | 457.8 | Successfully completed per design |
CREG-002 | 690518 | 9848536 | 528 | 270 | -60 | N/A | In Progress |
Note: UTM Datum (Provisional South American 1956, Zone 17) |
Figure 1: Drill Collar Location Map for Drill Holes at El Domo in News Release 20-22
Figure 2: Drill Collar Location Map for Drill Holes at La Vaquera and Sesmo Sur in News Release 20-22
SOURCE
© Canada Newswire, source