Reyna Silver and Reyna Gold Start Drilling at the Gryphon Summit Project
Reyna Silver (TSXV:RSLV, OTCQX:RSNVF) and Reyna Gold (TSXV:REYG, OTCQB:REYGF) have initiated drilling at the Gryphon Summit Project in Nevada, USA. This marks the first-ever Carbonate Replacement Deposit (CRD) targeting at the site, with a planned 3,000-meter program. The companies are earning a 70% interest in the 12,058-hectare Gold, Silver, and Critical Metals project.
Key target areas include:
- Union: Recently acquired patented claims allowing drilling of deeper sulfides
- 007 Zone: Reinterpretation of structures with 20-25 g/t Gold
- Sadler: High-grade Copper (1-11.6% Cu) and Silver (120-1322 g/t Ag) in breccias and veins
The drilling program aims to identify oxidation levels, major potentially mineralized structures, and fundamental ore-system exploration vectors.
Reyna Silver (TSXV:RSLV, OTCQX:RSNVF) e Reyna Gold (TSXV:REYG, OTCQB:REYGF) hanno avviato un programma di perforazioni presso il Gryphon Summit Project in Nevada, USA. Questo segna il primo targeting di Deposito di Sostituzione Carbonatica (CRD) mai effettuato nel sito, con un programma previsto di 3.000 metri. Le aziende stanno acquisendo un interesse del 70% nel progetto di oro, argento e metalli critici di 12.058 ettari.
Le aree target principali includono:
- Union: Rivendicazioni brevettate recentemente acquisite che consentono la perforazione di sulfuri più profondi
- 007 Zona: Reinterpretazione delle strutture con 20-25 g/t di oro
- Sadler: Rame di alta qualità (1-11,6% Cu) e argento (120-1322 g/t Ag) in brecce e vene
Il programma di perforazione mira a identificare i livelli di ossidazione, le principali strutture mineralizzate potenziali e i vettori fondamentali per l'esplorazione dei sistemi minerari.
Reyna Silver (TSXV:RSLV, OTCQX:RSNVF) y Reyna Gold (TSXV:REYG, OTCQB:REYGF) han iniciado perforaciones en el Gryphon Summit Project en Nevada, EE. UU. Esto marca el primer objetivo de Depósito de Reemplazo Carbonático (CRD) en el sitio, con un programa planificado de 3,000 metros. Las compañías están adquiriendo un interés del 70% en el proyecto de oro, plata y metales críticos de 12,058 hectáreas.
Las áreas objetivo clave incluyen:
- Union: Reclamos patentados recientemente adquiridos que permiten la perforación de sulfuros más profundos
- 007 Zona: Reinterpretación de estructuras con 20-25 g/t de oro
- Sadler: Cobre de alta ley (1-11.6% Cu) y plata (120-1322 g/t Ag) en brechas y vetas
El programa de perforación tiene como objetivo identificar niveles de oxidación, estructuras potencialmente mineralizadas importantes y vectores fundamentales de exploración del sistema mineral.
Reyna Silver (TSXV:RSLV, OTCQX:RSNVF)과 Reyna Gold (TSXV:REYG, OTCQB:REYGF)가 미국 네바다의 Gryphon Summit Project에서 시추 작업을 시작했습니다. 이는 이 사이트에서 최초로 탄산염 대체 매장지(CRD)를 목표로 하는 것으로, 3,000미터의 프로그램이 계획되어 있습니다. 두 회사는 12,058헥타르 크기의 금, 은 및 중요한 금속 프로젝트에서 70%의 지분을 확보하고 있습니다.
주요 목표 지역은 다음과 같습니다:
- Union: 심층 황화물 시추를 허용하는 최근 취득한 특허 청구권
- 007 존: 20-25 g/t 금의 구조 재해석
- Sadler: 브레치아 및 정맥에서 고등급 구리(1-11.6% Cu) 및 은(120-1322 g/t Ag)
시추 프로그램은 산화 수준, 주요 잠재적 광물화 구조 및 기본 광물 시스템 탐사의 벡터를 식별하는 것을 목표로 합니다.
Reyna Silver (TSXV:RSLV, OTCQX:RSNVF) et Reyna Gold (TSXV:REYG, OTCQB:REYGF) ont lancé des forages au Gryphon Summit Project au Nevada, USA. Cela marque le tout premier ciblage d'un Dépôt de Remplacement Carbonaté (CRD) sur le site, avec un programme prévu de 3 000 mètres. Les entreprises acquièrent un intérêt de 70 % dans le projet de 12 058 hectares portant sur l'or, l'argent et les métaux critiques.
Les principales zones cibles incluent :
- Union : Réclamations brevetées récemment acquises permettant le forage de sulfures plus profonds
- 007 Zone : Réinterprétation des structures avec 20-25 g/t d'or
- Sadler : Cuivre de haute qualité (1-11,6 % Cu) et argent (120-1322 g/t Ag) dans des brèches et des veines
Le programme de forage vise à identifier les niveaux d'oxydation, les principales structures minéralisées potentielles et les vecteurs fondamentaux d'exploration du système de minerai.
Reyna Silver (TSXV:RSLV, OTCQX:RSNVF) und Reyna Gold (TSXV:REYG, OTCQB:REYGF) haben mit dem Bohren im Gryphon Summit Project in Nevada, USA, begonnen. Dies markiert das erste Targeting eines Carbonat-Ersatz-Lagers (CRD) an diesem Standort, mit einem geplanten Programm von 3.000 Metern. Die Unternehmen erwerben einen 70% Anteil an dem 12.058 Hektar großen Projekt für Gold, Silber und kritische Metalle.
Die wichtigsten Zielgebiete sind:
- Union: Kürzlich erworbene patentierte Ansprüche, die das Bohren tieferer Sulfide ermöglichen
- 007 Zone: Neuinterpretation von Strukturen mit 20-25 g/t Gold
- Sadler: Hochgradiges Kupfer (1-11,6% Cu) und Silber (120-1322 g/t Ag) in Brekzien und Adern
Das Bohrprogramm zielt darauf ab, Oxidationsgrade, wichtige potenziell mineralisierte Strukturen und grundlegende Explorationsvektoren des Erzsystems zu identifizieren.
- Initiation of first-ever CRD drilling at Gryphon Summit Project
- Planned 3,000-meter drilling program
- Earning 70% interest in a large 12,058-hectare project
- Access to high-grade targets through recent acquisitions
- Potential for Gold, Silver, Copper, and Critical Metals exploration
- Weather-dependent drilling program
- Early-stage exploration with no guaranteed results
VANCOUVER, BC AND HONG KONG, CHINA / ACCESSWIRE / September 5, 2024 / Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF)(FRA:4ZC) ("Reyna Silver") and Reyna Gold (TSXV:REYG)(OTCQB:REYGF) ("Reyna Gold") are pleased to announce the drill is turning on the first ever Carbonate Replacement Deposit ("CRD") targets at the Gryphon Summit Project ("Gryphon"), the start of a 3,000 metre program, weather permitting, in Nevada, USA. Reyna Silver and Reyna Gold are earning into a
"It's awesome to have the drill turning at the first ever CRD target at Gryphon!" said Jorge Carrillo, Senior Project Geologist for Reyna Silver. "It's amazing to mature into a position of responsibility on a project of this magnitude alongside this exploration team's depth of experience in CRDs and major discoveries in district-scale plays. Seeing my mentors equally excited… we all can't wait to see what Gryphon has to offer!"
Click to listen to Project Geologist, Jorge Carrillo, on site at Gryphon.
The Main 2024 Program Target Areas (Figure 1):
Union: Reyna's recent acquisition of these patented claims makes drilling this CRD target possible for the first time. Historically, Silver, Lead, Zinc mineralization was mined to the base of oxidation, leaving the deeper sulfides untouched, and now the drill rig is turning in that direction (See Press Release August 6, 2024).
007 Zone: Reyna Silver's technical team's reinterpretation of the structures bearing 20 to 25 g/t Gold generated a new target building upon previous explorers' most successful hole GG22-007, which cut 2.9 metres of 5.5 g/t Au (See Press Release from November 29, 2023).
Sadler: These patented claims and surrounding area contain numerous breccias and veins carrying high-grade Copper (
1% to11.6% Cu) and Silver (120 to 1322 g/t Ag). (See Press Release from November 29, 2023).
The technical team continues to work on refining and defining the numerous other targets within Gryphon.
Figure 1: Map of the 12,058-hectare Gryphon Project in Nevada, USA with claim boundaries delineated in dark grey. Patented claims blocks are delineated in red. Target Areas are highlighted in hot pink. Anomalous rock samples are shown in graduated sizes representing grade and colors differentiating the metals with yellow for Gold, burgundy for Copper, blue for Silver, green for Zinc and grey for Lead
For Further Information, Please Contact:
Bethany Terracina, VP Investor Relations
bethany@reynasilver.com
www.reynasilver.com
QUALIFIED PERSON
Dr. Peter Megaw, Ph.D., C.P.G., the Company's Chief Exploration Advisor and Qualified Person, reviewed the technical aspects of the exploration projects described herein and is responsible for the design and conduct of the exploration program and the verification and quality assurance of analytical results. Dr. Megaw is not independent as he and/or companies with which he is affiliated hold Net Smelter Royalties on the Guigui and Batopilas Projects that predate Reyna Silver acquiring them.
About Reyna Silver Corp.
Reyna Silver is a growth-oriented junior exploration and development company. The Company focuses on exploring for high-grade, district-scale silver deposits in Mexico and the United States. In Nevada USA, the Company has an option to acquire
About Reyna Gold Corp.
Reyna Gold is a gold exploration company focused on district-scale exploration. Reyna Gold has a portfolio of assets on the Mojave-Sonora Megashear and the Sierra Madre Gold in Mexico, and a joint option with Reyna Silver to acquire the 10,300-hectare combined Carlin-style and CRD Gryphon Summit Project in Eureka Co., Nevada, USA. Reyna Gold has an experienced management team with a proven track record of wealth creation through project discovery, advancement, and monetization.
Forward Looking Information
This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements may include, without limitation, statements relating to the Offering and the use of proceeds therefrom. The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. All forward-looking statements in this press release are made as of the date of this press release. The forward-looking statements contained herein are also subject generally to assumptions and risks and uncertainties that are described from time to time in the Company's public securities filings with the Canadian securities commissions. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE: Reyna Silver Corp.
View the original press release on accesswire.com
FAQ
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