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Capitan Mining Drills 1,352 g/t Silver Eq over 1.5m & 1,177 g/t Silver Eq over 1.5m within 42.7m of 224.3 g/t Silver Eq at Jesus Maria Silver Deposit, Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2022) - Capitan Mining Inc. ...
About this update from Capitan Silver Corp
[{"type":"text","content":"Capitan Mining Drills 1,352 g/t Silver Eq over 1.5m & 1,177 g/t Silver Eq over 1.5m within 42.7m of 224.3 g/t Silver Eq at Jesus Maria Silver Deposit, Peñoles ProjectVancouver, British Columbia--(Newsfile Corp. - February 16, 2022) - Capitan Mining Inc. (TSXV: CAPT) (\"Capitan\" or the \"Company\") is pleased to report results from its 2021/22 Phase I drill program at the Jesús María polymetallic Silver Deposit, at the Peñoles project, Durango, Mexico.HighlightsHole 21-JMRC-01 returned 42.7m of 224.3 g/t AgEq, starting at an 18.3m depth and includes five (5) separate high-grade intervals of: 1,352.3 g/t AgEq over 1.52m (1,271 g/t Ag, 0.53 g/t Au, 0.49% Pb and 0.65% Zn) 1,177.2 g/t AgEq over 1.52m (1,044 g/t Ag, 1.03 g/t Au, 0.8% Pb and 0.73% Zn)368.3 g/t AgEq over 1.52m (286 g/t Ag, 0.66 g/t Au, 0.38% Pb and 0.49% Zn) 337.7 g/t AgEq over 3.0m (154.5 g/t Ag, 0.66 g/t Au, 1.65% Pb and 2.2% Zn)304.3 g/t AgEq over 1.52m (179 g/t Ag, 1.4 g/t Au, 0.18% Pb and 0.22% Zn)Hole 21-JMRC-04 returned 7.6m of 122.8 g/t AgEq including 368.1 g/t AgEq over 1.52mAll three holes intersected additional mineralized structures that had not been previously identifiedSurface work program including soil geochemistry and trenching expected to begin this week14 RC drill holes drilled to date, 11 holes awaiting assay resultsDiscussionThe Phase I drill program at Jesus Maria started in late 2021 and resumed in mid-January after the holiday break. To-date 14 reverse circulation holes have been completed (figure 1), consisting of a combination of step-out and infill holes designed to extend known mineralization down-dip, locate new zones of mineralization at depth, and define the boundaries of high-grade ore shoots that exist along structural intersections. Hole 21-JMRC-01 (figure 2) was designed to test an approximate 120m wide gap, between high-grade mineralization reported in historic surface trenching (values between 200 to 800 g/t Ag) and high-grade mineralization returned from historic diamond drilling down-plunge. This high-grade shoot has an apparent, shallow, southwest plunge, based on limited drilling, and is interpreted to represent the intersection of the Jesus Maria and Gully Fault structures. Hole 21-JMRC-01 successfully extended mineralization 32m up-plunge, towards surface, returning 42.7m of 224.3 g/t AgEq, includ...