Drill holes SFDH-044, SFDH-45, SFDH-046 and SFDH-047 determine the shape and orientation of the SFdLA breccia pipe 100 to 400m below Phase 2 drilling, allowing better targeting of contained mineralisation. SFDH-044 and SFDH-047 tested the length of the breccia pipe along its east-west long axis and completes a long section previously defined by holes SFDH-043 and SFDH-042 (Figure 1). SFDH-045 and SFDH-046 tested the width of the breccia pipe at depth along its north-south axis, completing a central cross-section (Figure 2). The holes intersected:
- 17m @ 4.33% Cu, 0.64 g/t Au & 108 g/t Ag (9.5 g/t AuEq; 5.6% CuEq) SFDH-047 from 370m
- including 3m @ 18.98% Cu, 2.8 g/t Au & 431 g/t Ag (41 g/t AuEq; 24 % CuEq) from 370m
- 33.5m @ 0.62% Cu, 2.0 g/t Au & 46 g/t Ag (3.8 g/t AuEq; 2.2% CuEq) SFDH-044 from 82.5m
- including 20.5m @ 0.91% Cu, 2.9 g/t Au & 61 g/t Ag (5.3 g/t AuEq; 3.1% CuEq) from 82.5m
- 7m @ 1.21% Cu, 0.1 g/t Au & 61 g/t Ag (3.0 g/t AuEq; 1.8% CuEq) SFDH-044 from 176m.
- 63.7m @ 0.38% Cu, 0.1 g/t Au & 21 g/t Ag (1.0 g/t AuEq, 0.62% CuEq) SFDH-045 from 334m.
- Including 18.7m @ 1.1% Cu, 0.1 g/t Au & 49 g/t Ag (2.7 g/t AuEq; 1.6% CuEq) from 379m.
- Including 18.7m @ 1.1% Cu, 0.1 g/t Au & 49 g/t Ag (2.7 g/t AuEq; 1.6% CuEq) from 379m.
After passing through the SFdLA breccia pipe SFDH-046 intersected a new breccia complex adjacent to SFdLA (Figure 2). This new breccia is a low-grade and quartz-rich ‘feeder’ assemblage that characterises the source of these tourmaline breccia pipes, and raises the potential for further sulphide-rich breccia pipes like SFdLA above and adjacent to this newly discovered feeder.
Further intersections are reported in Table 1: Intersections are not true widths and additional drilling and geological modelling of the mineralised zones in the breccia pipes is required to make a determination of the true widths of the drill hole intersections. Drill hole coordinates are shown in Table 2.
Dr.
“The current drilling at the SFdLA breccia pipe has returned some of the highest-grade copper-gold-silver intersections encountered thus far. Our drilling continues to expand and develop this remarkable pipe as highlighted by intersections in excess of 5% copper equivalent returned from SFDH-047, including some bonanza grades of nearly 20% copper.
These holes systematically tested the extent of the breccia pipe at depth through a series of long- and cross-sections, laying a sound geological foundation to guide the exploration and development of the higher-grade mineralised zones hosted within the breccia. The discovery of a new ‘feeder’ breccia pipe at depth adjacent to SFdLA also raises the strong possibility of other blind sulphide pipes in the vicinity.
The team at
One drill rig is currently drilling at
Other Projects
The Company is pleased to announce that field work has commenced at the company’s Chanape copper-gold project located in the
Channel sampling at two breccia pipes have returned encouraging results from oxidised outcrops that do not typically retain copper, including 38m @ 0.9 g/t Au (Breccia 8) and 24m @ 1.4 g/t Au (Breccia 11).
COVID-19
Approximately 44,000 cases of COVID-19 have now been recorded in the state of San Juan, with a current rate of approximately 800 new cases a day. As previously reported, over the past two months nine cases of COVID-19 were detected in local workers at the
To minimize the risk of COVID-19 transmission to our team and the community, the Company has applied rigorous protocols throughout the program. These protocols have been approved by the authorities of the province of San Juan, and both
About the
The 3404 ha
Hole ID | From | To | Interval | Cu (%) | Au (g/t) | Ag (g/t) | Pb (%) | Zn (%) | AuEq g/t | CuEq % |
SFDH-044 | 82.5 | 116 | 33.5 | 0.62 | 2.02 | 47 | 0.33 | 0.54 | 3.76 | 2.22 |
Including | 82.5 | 103 | 20.5 | 0.91 | 2.87 | 57 | 0.08 | 0.08 | 5.25 | 3.10 |
SFDH-044 | 176 | 183 | 7 | 1.21 | 0.08 | 61 | 0.34 | 0.36 | 3.03 | 1.79 |
SFDH-045 | 334 | 397.7 | 63.7 | 0.38 | 0.10 | 21 | 0.20 | 0.69 | 1.05 | 0.62 |
Including | 379 | 397.7 | 18.7 | 1.09 | 0.13 | 49 | 0.39 | 1.29 | 2.70 | 1.59 |
SFDH-046 | 372.5 | 398.8 | 26.3 | 0.14 | 0.10 | 25 | 0.35 | 0.65 | 0.72 | 0.42 |
SFDH-046 | 432 | 435 | 3 | 0.41 | 0.08 | 13 | 0.78 | 0.55 | 0.96 | 0.57 |
SFDH-047 | 370 | 387 | 17 | 4.33 | 0.64 | 108 | 0.04 | 0.21 | 9.55 | 5.65 |
Including | 370 | 376 | 6 | 10.93 | 1.49 | 251 | 0.08 | 0.54 | 23.68 | 14.00 |
Including | 371 | 374 | 3 | 18.98 | 2.77 | 431 | 0.09 | 0.85 | 41.24 | 24.37 |
Table 1: Phase 3 drill hole intersections at the
On Behalf of the Company,
Dr.
Website: turmalinametals.com
Address: #488 - 1090 West Georgia St,
For Investor Relations enquiries, please contact
Statements
About
Sampling and Analytic procedure:
All drill holes are PQ, HQ or NQ diameter diamond core holes. Drill core is collected at the drill site and transported by vehicle to the Turmalina core logging facility in
Qualified Person: The scientific and technical data contained in this news release pertaining to the
Forward Looking Statement: This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks (including those risk factors identified in the Corporation’s prospectus dated
There is no assurance when the government-imposed measures related to COVID-19 in
Figure 1 – Drill hole SFDH-044 and SFDH-047 long-section. SFDH-044 and SFDH-047 test the length of the SFdLA breccia pipe along its east-west long axis, in order to better target the contained mineralised bodies. The high-grades in SFDH-047 highlight the high-grade nature of the eastern lobe.
https://www.globenewswire.com/NewsRoom/AttachmentNg/d0301779-0ae8-49af-843d-49f3c05ae5a4
Figure 2 - Drill hole SFDH-045 and SFDH-046 cross-section. SFDH-045 and SFDH-046 test the width of the SFdLA breccia pipe at depth along its north-south axis, completing a central cross-section through both the mineralised margins and the lower grade core. DFDH-046 intersected a second quartz-rich breccia pipe to the south of SFdLA. While low grade this second pipe is typical of the ‘feeder’ pipes at the base of tourmaline breccias, and may indicate potential for further sulphide-rich pipes in the area.
https://www.globenewswire.com/NewsRoom/AttachmentNg/59b715b7-9621-40df-a8b7-b3f1af99fc71
Figure 3 – High-grade breccia mineralization in hole SFDH-047: Massive chalcopyrite with minor pyrite and quartz. SFDH-047, 373.2m. From a 1m sample that averaged 21.8 % copper, 4.16 g/t gold and 489 g/t silver. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
https://www.globenewswire.com/NewsRoom/AttachmentNg/a31d8fab-4245-43e4-8c24-36378ddd14b8
Figure 4 - Typical high-grade sulphide-rich breccia mineralization in hole SFDH-047: three metre interval of massive chalcopyrite within a chalcopyrite-pyrite-quartz-tourmaline breccia. SFDH-047, 370 to 375.4m. Includes a 3m sample that averaged 18.98 % copper, 2.7 g/t gold and 431 g/t silver. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
https://www.globenewswire.com/NewsRoom/AttachmentNg/820c6b35-1d9f-43e7-948e-b80bd018341b
Figure 5 – Typical breccia mineralisation in hole SFDH-044: Tourmaline-silica altered siltstone clasts set in a chalcopyrite-pyrite-quartz-tourmaline matrix. SFDH-044, 179.80m. From a 1m sample that averaged 1.2 % copper, 57 g/t silver and 0.03 g/t Au. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
https://www.globenewswire.com/NewsRoom/AttachmentNg/523aeab2-6bfd-4b41-8dc0-d4cc74577bd1
Figure 6 – Typical breccia mineralisation in hole SFDH-045: Tourmaline-sericite altered siltstone clasts set in a chalcopyrite-pyrite-tourmaline matrix. SFDH-045, 385.30m. From a 1m sample that averaged and 2.0 % copper, 80 g/t silver and 0.06 g/t gold. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
https://www.globenewswire.com/NewsRoom/AttachmentNg/f7c6503a-b8ea-4219-9826-348e80624199
Figure 7 – Typical tourmaline breccia mineralisation in hole SFdLA-046: Tourmaline-silica altered siltstone clasts set in a tourmaline-quartz-pyrite-chalcopyrite matrix. SFDH-046, 376m. From a 1m sample that averaged 0.62 % copper, 18 g/t silver and 0.11 g/t gold. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
https://www.globenewswire.com/NewsRoom/AttachmentNg/40ba70f8-0cbe-4d7d-97ff-eb52e84a6d1f
Figure 8 – Typical quartz-tourmaline-actinolite ‘feeder’ breccia located to the south of SFdLA. Sericite-chlorite altered siltstone clasts set in a quartz-tourmaline-pyrite-actinolite-chlorite matrix. This breccia assemblage is typically found at the base of sulphide-rich tourmaline breccia pipes. SFDH-046, 688.20m. From a 1m sample that averaged 0.13 % copper, 6 g/t silver and 0.02 g/t gold. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
https://www.globenewswire.com/NewsRoom/AttachmentNg/b13fca3f-0867-49fb-8e00-82b646cf40be
Figure 9:
https://www.globenewswire.com/NewsRoom/AttachmentNg/ad44f74e-feb2-40ea-b445-efb6af9818c0
Figure 10: Plan map of the SFdLA breccia pipe, showing locations of drill holes reported in this news release. The breccia remains open at depth and to the west.
https://www.globenewswire.com/NewsRoom/AttachmentNg/a9f699ad-ec11-48ed-a05a-bed8d9510096
Drill hole | East | North | Elevation | Azimuth | Dip | Depth (m) | Prospect |
SFDH-044 | 442569 | 6588432 | 2717 | 307 | -57 | 445.5 | |
SFDH-045 | 442413 | 6588365 | 2736 | 37 | -65 | 471.9 | |
SFDH-046 | 442608 | 6588612 | 2762 | 216 | -66 | 811.5 | |
SFDH-047 | 442644 | 6588357 | 2700 | 310 | -69 | 638.8 |
Table 2: Turmalina Metals Phase 2 drill hole locations reported in this release. Co-ordinate projection - WGS84 UTM Zone 19 South.
Figure 1
Drill hole SFDH-044 and SFDH-047 long-section. SFDH-044 and SFDH-047 test the length of the SFdLA breccia pipe along its east-west long axis, in order to better target the contained mineralised bodies. The high-grades in SFDH-047 highlight the high-grade nature of the eastern lobe.
Figure 2
Drill hole SFDH-045 and SFDH-046 cross-section. SFDH-045 and SFDH-046 test the width of the SFdLA breccia pipe at depth along its north-south axis, completing a central cross-section through both the mineralised margins and the lower grade core. DFDH-046 intersected a second quartz-rich breccia pipe to the south of SFdLA. While low grade this second pipe is typical of the ‘feeder’ pipes at the base of tourmaline breccias, and may indicate potential for further sulphide-rich pipes in the area.
Figure 3
High-grade breccia mineralization in hole SFDH-047: Massive chalcopyrite with minor pyrite and quartz. SFDH-047, 373.2m. From a 1m sample that averaged 21.8 % copper, 4.16 g/t gold and 489 g/t silver. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
Figure 4
Typical high-grade sulphide-rich breccia mineralization in hole SFDH-047: three metre interval of massive chalcopyrite within a chalcopyrite-pyrite-quartz-tourmaline breccia. SFDH-047, 370 to 375.4m. Includes a 3m sample that averaged 18.98 % copper, 2.7 g/t gold and 431 g/t silver. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
Figure 5
Typical breccia mineralisation in hole SFDH-044: Tourmaline-silica altered siltstone clasts set in a chalcopyrite-pyrite-quartz-tourmaline matrix. SFDH-044, 179.80m. From a 1m sample that averaged 1.2 % copper, 57 g/t silver and 0.03 g/t Au. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
Figure 6
Typical breccia mineralisation in hole SFDH-045: Tourmaline-sericite altered siltstone clasts set in a chalcopyrite-pyrite-tourmaline matrix. SFDH-045, 385.30m. From a 1m sample that averaged and 2.0 % copper, 80 g/t silver and 0.06 g/t gold. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
Figure 7
Typical tourmaline breccia mineralisation in hole SFdLA-046: Tourmaline-silica altered siltstone clasts set in a tourmaline-quartz-pyrite-chalcopyrite matrix. SFDH-046, 376m. From a 1m sample that averaged 0.62 % copper, 18 g/t silver and 0.11 g/t gold. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
Figure 8
Typical quartz-tourmaline-actinolite ‘feeder’ breccia located to the south of SFdLA. Sericite-chlorite altered siltstone clasts set in a quartz-tourmaline-pyrite-actinolite-chlorite matrix. This breccia assemblage is typically found at the base of sulphide-rich tourmaline breccia pipes. SFDH-046, 688.20m. From a 1m sample that averaged 0.13 % copper, 6 g/t silver and 0.02 g/t gold. Photograph is of a selected interval and is not necessarily representative of mineralisation hosted throughout the property.
Figure 9
San Francisco tenements with main breccias and locations of drill holes. To date over 60 tourmaline breccias and veins have been mapped in the project area. The Company has drill tested the San Francisco de Los Andes (SFdLA), Chorrillos, Humilde, Solita and Colorada breccias. Drilling at SFdLA has thus far focused on the south-east corner of a composite breccia body.
Figure 10
Plan map of the SFdLA breccia pipe, showing locations of drill holes reported in this news release. The breccia remains open at depth and to the west.
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