Silver Storm Mining Ltd. (TSXV: SVRS | OTCQB: SVRSF | FSE: SVR) has announced that the company has added a second drill rig at the 100% owned La Parrilla Silver Mine Complex, located in Durango, Mexico, and has commenced Phase 2 of the diamond drill programme.
Greg McKenzie, president, and CEO, commented, “Our team is excited to be adding a second drill rig at La Parrilla. The Phase 1 results reported to date exceeded initial expectations and confirm our thesis that the mineralized zones at La Parrilla extend well beyond the previous mining areas. The second drill will accelerate following up on the key holes from the Phase 1 programme. The work programme also has a goal of converting resources from inferred to indicated. This announcement brings us another step closer to our objective of restarting production at La Parrilla.”
The Phase 2 diamond drill programme over 7,500m will be completed over the next three months following up on the initial holes drilled with the aim of converting inferred mineralization to indicated.
Phase 1 of the drill programme consisted of 69 drill holes (8,868m) completed to date with assays from 16 holes are pending from the San Marcos Mine.
In addition, the Quebradillas Mine drill results have been successful in each of the zones explored, highlighted by holes Q-23-020 which returned 1,810g/t Ag.Eq over 14.62m and hole Q-23- 022A which returned 911g/t Ag.Eq over 13.05m.
At the Rosarios Mine, drill results encountered several intersections of high-grade mineralization outside the current resource envelope including:
– Hole RO-24-15 returned 598g/t Ag.Eq over 3.91m including 1,170g/t over 0.50m and 1,071g/t Ag.Eq over 1.87m
– Hole RO-24-022A returned 900 g/t Ag.Eq over 0.97m within a broader interval of 682g/t Ag.Eq over 1.47m (135m below the last mined stope)
– Hole RO-24-012 returned 338 g/t Ag.Eq over 1.97m (95 below last mined stope)
– A new mineralized zone identified in Eastern Rosarios with hole RO-24-007 returning 605g/t Ag.Eq over 0.31m and RO-24-009 returning 889g/t Ag.Eq over 0.44m and 468g/t Ag.Eq over 0.44m
To find out more, please visit www.silverstorm.ca
To read more articles like this, please visit www.theassay.com/news
