Masivo Silver Completes Drilling Hole Number 7 in Nevada
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) has completed drilling hole No.7 at 165.5 feet at the Boston Mine, concluding its 2024 drilling campaign. The first drill hole showed promising results with 55 feet of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole. Holes #2 and #3 are being re-assayed using metallic screen assays, with results expected in early 2025. Holes #4 and #5 have been completed and are being processed, while holes #6 and #7 are being logged and sampled. Hole #8 has been postponed to 2025 due to winter conditions. The company is developing a phase II exploration drilling campaign for 2025 and has a $75,000 drill and exploration credit for use in Mexico.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) ha completato il foro di perforazione n.7 a 165,5 piedi nella Boston Mine, concludendo la sua campagna di perforazione del 2024. Il primo foro di perforazione ha mostrato risultati promettenti con 55 piedi di 0,99% di Cu, 1,52 g/t di Au e 30,35 g/t di Ag a partire da 65 piedi di profondità. I fori n.2 e n.3 sono in fase di rianalisi utilizzando assay a schermo metallico, con risultati previsti all'inizio del 2025. I fori n.4 e n.5 sono stati completati e sono in fase di elaborazione, mentre i fori n.6 e n.7 sono in fase di registrazione e campionamento. Il foro n.8 è stato rinviato al 2025 a causa delle condizioni invernali. L'azienda sta sviluppando una campagna di perforazione esplorativa di fase II per il 2025 e ha un credito di $75.000 per perforazioni ed esplorazioni da utilizzare in Messico.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) ha completado el agujero de perforación n.7 a 165.5 pies en la mina Boston, concluyendo su campaña de perforación de 2024. El primer agujero de perforación mostró resultados prometedores con 55 pies de 0.99% de Cu, 1.52 g/t de Au y 30.35 g/t de Ag comenzando a 65 pies de profundidad. Los agujeros n.2 y n.3 están siendo reanalizados usando ensayos de pantalla metálica, con resultados esperados a principios de 2025. Los agujeros n.4 y n.5 se han completado y están siendo procesados, mientras que los agujeros n.6 y n.7 se están registrando y muestreando. El agujero n.8 se ha pospuesto para 2025 debido a las condiciones invernales. La compañía está desarrollando una campaña de perforación exploratoria de fase II para 2025 y tiene un crédito de $75,000 para perforación y exploración para usar en México.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF)는 보스턴 광산에서 165.5피트 깊이로 천공홀 7호를 완료하며 2024년 천공 캠페인을 마무리했습니다. 첫 번째 천공홀은 0.99% Cu, 1.52 g/t Au 및 30.35 g/t Ag의 55피트로 시작해 65피트 깊이에서 유망한 결과를 보였습니다. 2호와 3호는 금속 스크린 분석을 통해 재분석 중이며, 결과는 2025년 초에 공개될 예정입니다. 4호와 5호는 완료되어 처리 중이며, 6호와 7호는 기록되고 샘플링되고 있습니다. 8호는 겨울철 기후로 인해 2025년으로 연기되었습니다. 회사는 2025년을 위한 2단계 탐사 천공 캠페인을 계획하고 있으며, 멕시코에서 사용할 75,000달러의 천공 및 탐사 크레딧이 있습니다.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) a terminé le forage du trou n° 7 à 165,5 pieds à la mine de Boston, concluant ainsi sa campagne de forage de 2024. Le premier trou de forage a montré des résultats prometteurs avec 55 pieds de 0,99 % de Cu, 1,52 g/t de Au et 30,35 g/t de Ag à partir de 65 pieds de profondeur. Les trous n° 2 et n° 3 sont en cours de réanalyse à l'aide d'analyses par tamisage métallique, avec des résultats attendus au début de 2025. Les trous n° 4 et n° 5 ont été complétés et sont en traitement, tandis que les trous n° 6 et n° 7 sont en cours de journalisation et d'échantillonnage. Le trou n° 8 a été reporté à 2025 en raison des conditions hivernales. L'entreprise développe une campagne de forage exploratoire de phase II pour 2025 et dispose d'un crédit de forage et d'exploration de 75 000 $ à utiliser au Mexique.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) hat das Bohrloch Nr. 7 in 165,5 Fuß in der Boston Mine abgeschlossen und damit seine Bohrkampagne 2024 beendet. Das erste Bohrloch ergab vielversprechende Ergebnisse mit 55 Fuß mit 0,99 % Cu, 1,52 g/t Au und 30,35 g/t Ag, die bei 65 Fuß Tiefe begannen. Die Löcher Nr. 2 und Nr. 3 werden erneut mit metallischen Siebanalysen untersucht, Ergebnisse werden Anfang 2025 erwartet. Die Löcher Nr. 4 und Nr. 5 sind abgeschlossen und werden bearbeitet, während die Löcher Nr. 6 und Nr. 7 provisioniert und beprobt werden. Das Loch Nr. 8 wurde aufgrund winterlicher Bedingungen auf 2025 verschoben. Das Unternehmen entwickelt eine Phase-II-Erkundungsbohrkampagne für 2025 und verfügt über ein Bohr- und Explorationsguthaben in Höhe von 75.000 US-Dollar zur Verwendung in Mexiko.
- First drill hole showed significant mineralization with 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag over 55 feet
- $75,000 drill and exploration credit available for Mexico operations
- Delay in hole #8 drilling due to winter conditions
- Re-assaying required for holes #2 and #3, indicating potential initial assay issues
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce that it has finished the drilling of hole No.7 at 165.5 feet with the objective of testing of the strong historical IP anomalies that are interpreted to reflect sulfide mineralization that is part of the skarn mineralization at the Boston Mine.
The company is very pleased to have finished drilling for the year 2024 and is looking forward to assay results to determine and design a phase II exploration drilling campaign for the year 2025.
Results from the first drill hole indicate that Masivo's geological model and projected target zones appear to be accurate. Hole No. 1 encountered two projected mineralized zones. Significant drill intercepts include 55 feet (drilled width) of
Per news release dated November 6, 2024, holes #2 and #3 are being re-assayed using metallic screen assays. We expect these new assay results to be completed in early 2025.
Holes #4 and #5 are completed and in the process of being logged, sampled, and shipped to an independent lab, and we expect these results back in early 2025.
Holes #6 and #7 have also been completed. and the core remains at the Boston mine site and is in the process of being logged, sampled and shipped to an independent lab.
Hole #8 will be pushed into 2025 given we are moving into the winter season.
David Coburn, Masivo Silver CEO, says, "We remain bullish on the Boston mine and are looking forward to continued assay results. A phase 2 drill program is being developed per recent site visits."
The company continues analyzing several very strong gold and silver exploration opportunities in Mexico and the southern States. The company also has a
Qualified Person
Brian Brewer, PGeo, is Masivo Silver's qualified person for the company's projects in Mexico and Nevada and has approved this news release.
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/233151
FAQ
What were the drilling results from Masivo Silver's (GNYPF) first hole at the Boston Mine?
When will Masivo Silver (GNYPF) receive the re-assay results for holes #2 and #3?
How many drill holes has Masivo Silver (GNYPF) completed in 2024 at the Boston Mine?
