Masivo Intersects Visible Sulfide Mineralization at Boston Mine Project
Rhea-AI Summary
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) has announced visible sulfide mineralization in holes No.2, No.3, and No.4 at its Boston Mine project in Elko County, Nevada. The project focuses on high-grade gold, silver, and copper. Core samples from these holes have been sent for assaying, with results expected in the coming weeks. The company is currently drilling Hole No.5.
Drilled hole depths are as follows:
- Hole No.2: 456.05 ft
- Hole No.3: 328 ft
- Hole No.4: 400 ft
Positive
- Visible sulfide mineralization observed in three drill holes
- Ongoing drilling program with fifth hole in progress
- Assay results expected within weeks
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, GNYPF gained 9.81%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce that it has intersected visible sulfide mineralization on hole No.2, No.3 and No.4 at the Boston Mine, Masivo's high-grade gold, silver and copper project in "Elko County" in the State of Nevada.
Masivo Silver is in the process of drilling Hole No.5 and the core of holes 2, 3 and 4 has been sent to an independent lab for assaying, the Company in expecting results in the next couple of weeks.
Drilled Hole Depths:
Hole No.2: 456.05 ft
Hole No.3: 328 ft
Hole No.4: 400 ft
"Hole No.2, 3 and 4 showed us visible sulfide mineralization in their core, this is great news, we are very excited to receive our assay results over the next couple of weeks," commented David Coburn, President & CEO.
About Masivo Silver Corp.
Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the State of Nevada, US, and in the State of Sinaloa, Mexico. The Company's mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day. Additional information on Masivo's current operations is available on the Company's website at www.masivosilver.com or email davidcoburn@masivosilver.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"David Coburn" Chief Executive Officer
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222963
FAQ
What did Masivo Silver Corp (GNYPF) discover in its recent drilling at the Boston Mine project?
When are the assay results expected for Masivo Silver Corp's (GNYPF) recent drill holes?
What are the depths of the drill holes completed by Masivo Silver Corp (GNYPF) at the Boston Mine project?
What types of minerals is Masivo Silver Corp (GNYPF) exploring for at the Boston Mine project?
