Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq Within Wider Intervals and Provides Exploration Update for Jesus Maria Silver Zone

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[{"type":"text","content":"Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq Within Wider Intervals and Provides Exploration Update for Jesus Maria Silver ZoneVancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Capitan Mining Inc. (TSXV: CAPT) (\"Capitan\" or the \"Company\") is pleased to report continued exploration results from three (3) reverse circulation (RC) drillholes, as well provide an exploration update on the progress to date at its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project (Formerly referred to as Peñoles), Durango, Mexico.Highlights:Hole 22-JMRC-12: returned two high-grade intervals of 1.5m of 488.97 g/t AgEq and 1.5m of 328.25 g/t AgEq within 21.3m of 143.59 g/t AgEqHole 21-JMRC-07: returned 1.5m of 427.62 g/t AgEq within 22.9m of 76.98 g/t AgEqCapitan Mining publishes first long section of Jesus Maria Silver VeinMineralization has been confirmed over 800m of strike length, with drilling continuing to confirm high-grade mineralization at depth Assays are pending for 9 RC drill holes from the Jesus María zone, with 8 drilled to test down-dip extension of the veinStep-out and Infill holes Continue to Confirm Continuity of High-grade Mineralization The drill holes reported herein consist of both infill and step-out holes targeting the continuity of high-grade mineralization and the expansion of Jesus Maria style mineralization at depth. Drillholes 22-JMRC-11 and 12 were both infill holes, targeting the eastern and western extents of high-grade mineralization associated with the Gully Fault, as shown on the long section below (Figure 1). 22-JMRC-11 intersected mine workings at the interpreted depth of high-grade mineralization associated with the Gully Fault and returned several zones of generally narrow mineralization thereafter at depth. Hole 22-JMRC-12 returned a stronger zone of high-grade mineralization near surface consisting of 21.3m of 143.59 g/t AgEq, including 1.5m of 488.97 g/t AgEq and 1.5 of 328.25 g/t AgEq. Of note, the high-grade intersections in hole 22-JMRC-12 extended the boundary of high-grade mineralization northeast along the Gully Fault structure and not along the Main Jesus Maria Vein (long section below), which trends east-west. The technical team is in the process of generating a long-section for the Gully Fault, as well ...

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