Expanding High Grade Shoots: Drilling to date has demonstrated strong continuity of high-grade mineralization in the Rescue vein system where 8 holes have now been completed and grades often exceed 2,000 g/t AgEq.
Stacked Veins Identified: Drilling in 2021 has so far confirmed the presence of several stacked mineralized veins within the southern portions of the
Note: AgEq based on 100(Ag):1(Au), true widths are unknown
Drill Program
The 2021 drill program was initially designed to test the lateral and vertical extent of structurally controlled, epithermal-related, high-grade silver and gold mineralization discovered during the 2020 drill program. Based on an updated synthesis of all 2020 drill data, multiple priority drill targets were defined.
One of the first targets tested in 2021 was the Rescue vein system, part of the
Hole SUM21-30 tested the up-dip continuity of mineralization near SUM21-20 and hit the highest grade intersection to date on the property; 11,992 g/t AgEq over 0.9 m within 4,408 g/t AgEq over 2.8 m from 430.6 m. This interval demonstrates the significant high-grade potential of this target within the Rescue vein system and together with results from 2020, represents a priority area for further drilling.
Hole SUM21-032 was a 50 metre step-out along the vein from hole SUM20-06 and intersected a broad alteration zone that returned 155 g/t AgEq over 15.1 metres including 525 g/t AgEq over 1.2 metres from 397.4 m. Defining the strike-extent of this broad zone of continuous silver mineralization, with local high-grade intervals is considered a priority for future drilling.
In both holes the high-grade intercepts comprised silver-sulfosalt bearing, banded to brecciated quartz +/- adularia veins with associated argillic alteration halos. The south-west striking, structurally-controlled veins are hosted in intermediate to felsic volcanic and volcaniclastic rocks of the Mizpah Formation. Assays are pending from three additional holes drilled into the Rescue vein system, with more holes currently being planned.
About
Contact:
Nima Shafigh
Tel: 604-684-6730
Email: SSVR@kincommunications.com
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