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Capitan Mining Drills 62.5m of 0.43 g/t Aueq Including 9.1m of 0.95 g/t Aueq at the Capitan Gold Deposit, Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2021) -  Capitan Mining Inc.&...
About this update from Capitan Silver Corp
[{"type":"text","content":"Capitan Mining Drills 62.5m of 0.43 g/t Aueq Including 9.1m of 0.95 g/t Aueq at the Capitan Gold Deposit, Peñoles ProjectVancouver, British Columbia--(Newsfile Corp. - October 14, 2021) -  Capitan Mining Inc. (TSXV: CAPT) (\"Capitan\" or the \"Company\") is pleased to report results for five reverse-circulation (RC) drill holes from the Capitan oxide-gold deposit, at its 100%-owned Peñoles project in Durango, Mexico.Highlights:Hole 21-CARC-36 intersected 62.5m of 0.43g/t Aueq, including a higher-grade interval of 9.1m of 0.95 g/t Aueq Holes 21-CARC-35, 37 and 38 successfully expanded gold mineralization down-dip between 50 and 150m Hole 21-CARC-38 increased total length of Capitan deposit to approximately 500m down-dip, on cross-section 250 Mineralization continues to remain open down-dip and on-strike, mainly in the south-eastern portion of the depositDiscussionAll holes reported herein were designed to either extend Capitan style mineralization down-dip/down plunge along section lines, or as infill hole(s) that attempt to refine the boundaries and extend the continuity of high-grade shoots that are nested within the Capitan deposit mineralized envelope. Down-dip ExtensionsDrill holes 21-CARC-35, 37 and 38 were designed to expand mineralization down-dip on three different cross sections within the Capitan zone. All holes successfully intersected both Hanging wall style and Capitan Style mineralization down-dip from previously drilled holes. These holes extended mineralization between 50 and 150m along their respective sections, with mainly oxide-style mineralization being returned in these holes. Hole 21-CARC-38 expanded mineralization about 150m down-dip from hole 21-CARC-26, bringing the total length of the mineralization in that cross section to about 500m from surface. Strategic infill: Defining High-grade shootsDrill hole 21-CARC-36 was an in-fill hole designed to better define a moderately southwest plunging, high-grade shoot, that it is located within the center of the Capitan deposit. This shoot has been interpreted to represent the intersection of the main Capitan Fault and the east-northeast trending Gully Fault, which is believed to also control high-grade Ag mineralization at the Jesus-Maria deposit. The hole successfully intersected the high-grade shoot, returning 62.5m of 0.43g/t Aueq, inc...