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Argentum Receives Results of Remote Sensing Survey at Cochavara Property
Toronto, Ontario--(Newsfile Corp. - November 16, 2022) - Argentum Silver Corp. (TSXV: ASL)
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About this update from Argentum Silver Corp.
[{"type":"text","content":"Argentum Receives Results of Remote Sensing Survey at Cochavara PropertyToronto, Ontario--(Newsfile Corp. - November 16, 2022) - Argentum Silver Corp. (TSXV: ASL) (\"Argentum\" or the \"Company\") is pleased to announce it has received final deliverables on the property-wide remote sensing survey completed by Axiom Exploration Group Ltd. (\"Axiom\") on the Company's Cochavara Property in La Libertad, Northern Peru. The remote sensing work included the acquisition, processing, analysis, and interpretation of Synthetic Aperture Radar (\"SAR\") and Sentinel & Aster Multispectral data over its wholly owned Cochavara Property (the \"Property\") in addition to surrounding areas to the Property with known occurrences of mineralization, including the Quiruvilca silver-lead-zinc mine deposit, located 3.5 km to the northeast.Axiom is a complete consulting firm providing a diverse set of technical services within, and integrated across, five main divisions: Applied Analytics, Exploration, Geophysics & Remote Sensing, Environment, and Energy Services. By combining modern remote sensing techniques using multispectral imaging and synthetic aperture radar to analyze vegetation, structure, alteration, and ground movement, complex anomalies covering large areas can be quickly and effectively identified. This multivariate exploration approach combines existing geological, geochemical, and geophysical data with multiple satellite analyses, to identify new potential mineral exploration targets. This detailed work provides structural analysis, mineral and alteration mapping, Digital Elevation Model (\"DEM\"), and prospectivity mapping.Survey Results and InterpretationThe remote sensing survey covered an area of approximately 124.4 km2 (12km east-west by 10.5km north-south) which encompasses the 6 (six) mining concessions of the Cochavara Property as well as the Quiruvilca Mine to the northeast. Quiruvilca and the Property's main mineralized Margarita Mine zone served as known areas with specific signatures typical of Ag-Pb-Zn mineralization. Based on the satellite analysis that took satellite spectra, geology, vegetation analysis, structural analysis, and known mineral occurrence data into account, the target areas are interpreted as associated with the major and ring fault systems, in the central northwestern part of the analyzed area....