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Cascada Silver: Mina Guanaca Drilling Returns 0.91% Cu Over 56 Metres Including 20 Metres Grading 1.88% Cu
Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - Cascada Silver Corp. (CSE: CSS) ("Cascada") is pleased to announce that it has received all assays from
About this update from Aterra Metals Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - Cascada Silver Corp. (CSE: CSS) (\"Cascada\") is pleased to announce that it has received all assays from its recently completed Mina Guanaca Copper Project (\"Mina Guanaca\") Phase I drill program with significant intervals of copper mineralization encountered in 3 of the 4 reverse circulation (\"RC\") holes completed. Drill hole GAS-04 returned a 56 metre (\"m\") interval grading 0.91% Cu including a 20 m interval grading 1.88% Cu (see Table 1) extending the high grade core zone to depth (see figures 1 and 2). Two drill holes (GAS-02 and GAS-03) cut a new parallel zone of copper oxide mineralization at surface associated with breccias immediately adjacent to the open pit. This new zone is open along strike and to depth and the western limit of this new zone has not been delineated. The zone of oxidization has been outlined to depths of 80 to 100 m below surface. Table 1 - Summary of Mina Guanaca Phase I Drill Assay Results Drill Hole From To Interval Cu Note (m) (m) (m) % GAS-01 14 20 6 0.84 Old workings intersected from 20 to 28 m - no samples available.Final 2 m grades 0.49% Cu 20 28 8 - 28 36 8 0.78 GAS-02 4 28 24 0.35 New mineral zone associated with the upper portions of mineralization encountered in GAS-04. 60 74 14 0.27 84 92 8 0.33 GAS-03 no significant intervals Defines southern limit of breccia mineralization GAS-04 0 32 32 0.41 New copper zone from surface to 46 m.Dominantly copper sulphides from 108 to 128 m associated with a microdiorite 38 46 8 0.31 72 128 56 0.91 including 108 128 20 1.88 Note: weighted average Cu grades are based on a 0.20% Cu cut-off grade with reported intervals incorporating no greater than 4 m of sub-0.20% Cu internal dilution. With one exception from GAS-01, only intervals greater than 8 m are reported. Reported Intervals are downhole lengths: true widths vary from 40 to 60% of the downhole Interval. The copper mineralization is related to fault controlled tectonic breccias which extend upwards from a depth of 75 m funneling outwards to surface. The higher copper grade intervals, such as those cut in GAS-04, are associated with a microdiorite intrusion which extends to depth along the regional fault structure and is related to the breccia formation. The copper-bearing breccias and microdiori...