Masivo Successfully Drills Hole Number 5 at Promising Skarn Deposit
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF) announced the completion of drilling Hole No. 5 at the Boston Mine project in Elko County, Nevada, targeting a high-grade Gold/Copper Skarn deposit. The 322-foot drill core will be analyzed in a certified lab, with results expected in 6-8 weeks. Drilling of Hole No. 6, aiming for a depth of 300 feet, will commence next week to test historical IP anomalies indicative of sulfide mineralization. Previous drilling (Hole No. 1) yielded significant intercepts, including 55 feet of 0.99% Cu, 1.52 g/t Au, and 30.35 g/t Ag. Phase 1 consists of 6-8 holes, with a potential Phase 2 involving 8-10 additional holes. Masivo holds a $75,000 drill credit in Mexico and is exploring opportunities in Mexico and the USA to complement the Boston Mine project, allowing for winter drilling. Assay results for Holes 2, 3, and 4 are pending.
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF) ha annunciato il completamento della perforazione del Pozzo n. 5 presso il progetto Boston Mine nella Contea di Elko, Nevada, mirato a un deposito di Skarn ad alta legge di oro/rame. Il campione di perforazione di 322 piedi sarà analizzato in un laboratorio certificato, con risultati attesi entro 6-8 settimane. La perforazione del Pozzo n. 6, che punta a una profondità di 300 piedi, inizierà la prossima settimana per testare anomalie IP storiche indicative di mineralizzazione a solfuro. Le perforazioni precedenti (Pozzo n. 1) hanno prodotto intercettazioni significative, tra cui 55 piedi di 0.99% di Cu, 1.52 g/t di Au, e 30.35 g/t di Ag. La Fase 1 consiste di 6-8 pozzi, con una potenziale Fase 2 che prevede 8-10 pozzi aggiuntivi. Masivo possiede un credito di perforazione di $75,000 in Messico ed è alla ricerca di opportunità in Messico e negli Stati Uniti per integrare il progetto Boston Mine, consentendo di effettuare perforazioni invernali. I risultati delle analisi per i Pozzi 2, 3 e 4 sono in attesa.
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF) anunció la finalización de la perforación del Pozo No. 5 en el proyecto Boston Mine en el Condado de Elko, Nevada, con el objetivo de un depósito de Skarn de alta ley de oro/cobre. El núcleo de perforación de 322 pies será analizado en un laboratorio certificado, y se esperan resultados en 6-8 semanas. La perforación del Pozo No. 6, que apunta a una profundidad de 300 pies, comenzará la próxima semana para probar anomalías IP históricas indicativas de mineralización de sulfuros. Las perforaciones anteriores (Pozo No. 1) produjeron intersecciones significativas, incluyendo 55 pies de 0.99% Cu, 1.52 g/t Au y 30.35 g/t Ag. La Fase 1 consiste en 6-8 pozos, con una potencial Fase 2 que involucra 8-10 pozos adicionales. Masivo posee un crédito de perforación de $75,000 en México y está explorando oportunidades en México y en los EE. UU. para complementar el proyecto Boston Mine, lo que permite la perforación invernal. Los resultados de los análisis para los Pozos 2, 3 y 4 están pendientes.
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF)는 네바다주 엘코 카운티의 Boston Mine 프로젝트에서 고급 금/구리 스카른 매장을 목표로 하는 제5호 홀의 드릴링 완성을 발표했습니다. 322피트의 드릴 코어는 인증된 실험실에서 분석될 예정이며 결과는 6-8주 후에 발표될 것으로 예상됩니다. 300피트 깊이를 목표로 하는 제6호 홀의 드릴링은 다음 주에 시작되어 황화물 광물화를 나타내는 역사적 IP 이상을 테스트할 예정입니다. 이전의 드릴링(제1호 홀)은 0.99% Cu, 1.52 g/t Au, 30.35 g/t Ag를 포함한 중요한 교차 점을 발견했습니다. 1단계는 6-8개의 홀로 구성되어 있으며, 2단계는 8-10개의 추가 홀과 관련될 수 있습니다. Masivo는 멕시코에 $75,000의 드릴 크레딧을 보유하고 있으며, Boston Mine 프로젝트를 보완하기 위해 멕시코와 미국에서 기회를 탐색하고 있습니다. 이는 겨울철 드릴링을 가능하게 합니다. 제2, 3 및 4호 홀의 시료 분석 결과는 대기 중입니다.
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF) a annoncé l'achèvement du forage du Puits n° 5 au projet Boston Mine dans le comté d'Elko, au Nevada, visant un dépôt de Skarn à haute teneur en or/cuivre. Le noyau de forage de 322 pieds sera analysé dans un laboratoire certifié, avec des résultats attendus dans 6 à 8 semaines. Le forage du Puits n° 6, visant une profondeur de 300 pieds, commencera la semaine prochaine pour tester des anomalies IP historiques indiquant une minéralisation sulfureuse. Les forages précédents (Puits n° 1) ont révélé des intersections significatives, y compris 55 pieds à 0,99 % de Cu, 1,52 g/t d'Au et 30,35 g/t d'Ag. La phase 1 consiste en 6 à 8 puits, avec une phase 2 potentielle impliquant 8 à 10 puits supplémentaires. Masivo détient un crédit de forage de 75 000 $ au Mexique et explore des opportunités au Mexique et aux États-Unis pour compléter le projet Boston Mine, ce qui permettra des forages en hiver. Les résultats des analyses pour les Puits 2, 3 et 4 sont en attente.
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF) hat den Abschluss der Bohrungen des Lochs Nr. 5 im Boston Mine Projekt im Elko County, Nevada, bekanntgegeben, das ein hochgradiges Gold/Kupfer-Skarnlager anvisiert. Der 322 Fuß lange Bohrkern wird in einem zertifizierten Labor analysiert, wobei die Ergebnisse in 6-8 Wochen erwartet werden. Die Bohrungen des Lochs Nr. 6, das eine Tiefe von 300 Fuß anstrebt, beginnen nächste Woche, um historische IP-Anomalien zu testen, die auf Sulfidmineralisierungen hinweisen. Frühere Bohrungen (Loch Nr. 1) ergaben bedeutende Einschnitte, darunter 55 Fuß mit 0,99% Cu, 1,52 g/t Au und 30,35 g/t Ag. Phase 1 besteht aus 6-8 Löchern, mit einer möglichen Phase 2, die zusätzliche 8-10 Löcher umfasst. Masivo hält ein Bohrguthaben von 75.000 USD in Mexiko und erkundet Möglichkeiten in Mexiko und den USA, um das Boston Mine Projekt zu ergänzen, was Winterbohrungen ermöglicht. Die Analyseergebnisse für die Löcher 2, 3 und 4 stehen noch aus.
- Completion of Hole No. 5 at 322 feet targeting high-grade Gold/Copper Skarn deposit.
- Significant intercepts from Hole No. 1: 55 feet of 0.99% Cu, 1.52 g/t Au, and 30.35 g/t Ag.
- Phase 1 drill program includes 6-8 holes with a follow-up Phase 2 of 8-10 holes.
- $75,000 drill credit in Mexico offers winter drilling opportunities.
- Pending assay results from Holes 2, 3, and 4.
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2024) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce that it has completed hole No. 5 at 322 feet at the Boston Mine project in Elko County, Nevada where Masivo is targeting its high grade Gold/Copper Skarn deposit. The drill core will be delivered to the certified lab for analysis this week and we expect results in 6-8 weeks.
The commencement of drilling Hole No. 6 will begin early next week where Masivo is targeting a depth of 300 feet. The objective of Hole No.6 is to test the strong historical IP anomalies that are interpreted to reflect sulfide mineralization that is part of the skarn geology. Based upon the results, a decision will be made as to expanding the IP survey over the rest of the property.
Hole No.1 had significant drill intercepts including 55 feet (drilled width) of
Phase 1 drill program will be between 6-8 holes with the follow up of a Phase 2 Drill Program of an additional 8-10 holes.
The technical team has started discussions on a Phase 2 drill program, several new target areas are being discussed per the assay results on the Phase 1 program, we have not received assay results from Hole 2,3 or 4 but are expected in the near future.
Masivo holds a
"We are making great progress drilling here at the Boston mine and looking forward to assay results." Commented David Coburn, President & CEO of Masivo Silver Corp.
Brian Brewer, PGeo, is Masivo Silver's qualified person for the company's project in Nevada and Mexico, 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/224799
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