Masivo Silver Commences Drilling of Third Hole In Nevada
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) has commenced drilling of the third hole (BM-24-03) at its Boston Mine project in Elko County, Nevada. The project targets high-grade gold, silver, and copper. Hole No.3 aims to explore the down dip extension of high-grade ore described in historic reports at the 90-foot shaft level.
The drill core from the second hole (BM-24-02) has been sent to a certified lab for analysis, with results expected within six weeks. CEO David Coburn noted that Hole No.2 showed continuous visible high mineralization, leading to an extension of the hole 100 feet beyond the expected depth. This development has allowed the company to extend the target depth three times.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ha iniziato la perforazione del terzo foro (BM-24-03) nel suo progetto Boston Mine nella contea di Elko, Nevada. Il progetto mira a oro, argento e rame ad alta legge. Il Foro No.3 si propone di esplorare l'estensione in profondità dei minerali di alta leggibilità descritti in rapporti storici a livello del pozzo di 90 piedi.
Il campione di carotaggio del secondo foro (BM-24-02) è stato inviato a un laboratorio certificato per l'analisi, con risultati attesi entro sei settimane. Il CEO David Coburn ha notato che il Foro No.2 ha mostrato una continua mineralizzazione visibile di alta qualità, portando a un'estensione del foro di 100 piedi oltre la profondità prevista. Questo sviluppo ha consentito all'azienda di estendere la profondità target tre volte.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ha dado inicio a la perforación del tercer pozo (BM-24-03) en su proyecto Boston Mine en el condado de Elko, Nevada. El proyecto tiene como objetivo oro, plata y cobre de alta ley. El Pozo No.3 busca explorar la extensión en profundidad del mineral de alta ley descrita en informes históricos al nivel del pozo de 90 pies.
El núcleo de perforación del segundo pozo (BM-24-02) ha sido enviado a un laboratorio certificado para análisis, con resultados esperados dentro de seis semanas. El CEO David Coburn destacó que el Pozo No.2 mostró una mineralización visible de alta continuidad, lo que llevó a una extensión del pozo 100 pies más allá de la profundidad esperada. Este desarrollo ha permitido a la compañía extender la profundidad objetivo tres veces.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF)는 세 번째 구멍(BM-24-03) 굴착을 시작했습니다 네바다주 엘코 카운티의 Boston Mine 프로젝트에서. 이 프로젝트의 목적은 고품질 금, 은 및 구리입니다. 3번 구멍은 90피트 샤프트 레벨의 역사적인 보고서에 설명된 고등급 광석의 하향 연장부를 탐색하려고 합니다.
두 번째 구멍(BM-24-02)의 시추 코어는 분석을 위해 인증된 실험실로 보내졌으며, 결과는 6주 이내에 예상됩니다. CEO David Coburn은 2번 구멍에서 지속적인 가시적 고광물화를 보여주었으며, 이로 인해 예상 깊이보다 100피트 더 구멍이 늘어났다고 언급했습니다. 이 발전은 회사가 목표 깊이를 세 번 연장할 수 있게 해주었습니다.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) a commencé le forage du troisième trou (BM-24-03) dans son projet Boston Mine dans le comté d'Elko, Nevada. Le projet vise à l'or, l'argent et le cuivre de haute qualité. Le trou n°3 a pour but d'explorer l'extension en profondeur des minerais de haute qualité décrits dans des rapports historiques à la profondeur de 90 pieds.
Le cœur de forage du deuxième trou (BM-24-02) a été envoyé à un laboratoire certifié pour analyse, avec des résultats attendus d'ici six semaines. Le PDG David Coburn a noté que le trou n°2 a montré une minéralisation visible continue de haute qualité, ce qui a entraîné une extension du trou de 100 pieds au-delà de la profondeur prévue. Ce développement a permis à l'entreprise de triple la profondeur cible.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) hat mit der Bohrung des dritten Lochs (BM-24-03) begonnen in seinem Boston Mine-Projekt im Elko County, Nevada. Das Projekt zielt auf hochgradiges Gold, Silber und Kupfer ab. Loch Nr. 3 soll die tiefere Fortsetzung von hochgradigen Erzen erkunden, die in historischen Berichten auf der 90-Fuß-Schacht-Ebene beschrieben sind.
Der Bohrkern des zweiten Lochs (BM-24-02) wurde zur Analyse an ein zertifiziertes Labor gesendet, mit Ergebnissen, die innerhalb von sechs Wochen erwartet werden. CEO David Coburn stellte fest, dass Loch Nr. 2 eine kontinuierliche sichtbare hohe Mineralisierung zeigte, was zu einer Verlängerung des Lochs um 100 Fuß über die erwartete Tiefe hinaus führte. Diese Entwicklung hat es dem Unternehmen ermöglicht, die Zieltiefe dreimal zu verlängern.
- Commencement of drilling for the third hole (BM-24-03) at the Boston Mine project
- Continuous visible high mineralization observed in the second hole (BM-24-02)
- Extension of the second hole by 100 feet beyond expected depth
- Target depth extended three times due to promising mineralization
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce that it has commenced the drilling Hole BM-24-03 or Hole No.3 at the Boston Mine, Masivo's high-grade gold, silver and copper project in "Elko County" in the State of Nevada.
The objective of Hole BM-24-03 or Hole No.3 is targeting the down dip extension of High-grade ore described in historic reports (Shaft at 90 foot level).
The drill core of hole BM-24-02 or Hole No.2 was successfully delivered to the certified lab to get analyzed, the company expects results within six weeks.
"Hole No.2 showed us continuous visible high mineralization in the core, allowing us to extend the hole 100 feet beyond the expected depth, this is what allowed us to extend the target depth 3 times, we are very excited to get results back from the lab in a few 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/219047
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