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Capitan Mining Drills 76.2m of 0.4 g/t AuEq Including 18.3m of 0.7 g/t AuEq at the Capitan Gold Zone, Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - Capitan Mining Inc. ...
About this update from Capitan Silver Corp
[{"type":"text","content":"Capitan Mining Drills 76.2m of 0.4 g/t AuEq Including 18.3m of 0.7 g/t AuEq at the Capitan Gold Zone, Peñoles ProjectVancouver, British Columbia--(Newsfile Corp. - November 18, 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:All drill holes successfully intersected both the main Capitan zone and the Hanging Wall zoneHole 21-CARC-40 returned 76.2m of 0.4 g/t Aueq including 18.3m of 0.70 g/t AueqHole 21-CARC-39 intersected wide zones of gold mineralization over multiple intervals, with 161 of 292.6m drilled returning gold mineralization Hole 21-CARC-39 extended the main Capitan zone approximately 200m down-dip on section 50The Capitan gold zone remains open both down-dip and on-strike in the southeast portion of the depositDiscussionDown-dip ExtensionsHole 21-CARC-39, located on section 50, successfully intersected both Hanging Wall and Capitan style mineralization across multiple intervals starting at 35.1m downhole, and continuing for most of its remaining length. This hole successfully extended the main zone approximately 200m down-dip from hole 21-CARC-29, and increased the footprint of the Hanging Wall zone, which was not properly tested by hole 21-CARC-23 due to technical issues. The best intersection include 12.2m of 0.33g/t Aueq in the Hanging Wall zone, and 54.9m of 0.26 g/t Aueq in the Capitan Main zone. Strategic Infill: Defining High grade shootsOne of the goals of the Capitan Hill drill program has been to define and extend the boundaries of higher-grade mineralization within the known Capitan Main envelope. Two holes were drilled in this program to test the continuity and lateral extent of a higher-grade zone that extends from section 0, down plunge to section 200. Hole 21-CARC-40, which was collared on section 250, intersected multiple intervals of oxide gold mineralization from 47.2m to 239.2m depth, including 18.3m of 0.7g/t Aueq, contained within a larger interval of 76.2m of 0.4g/t Aueq This intercept extended the higher grade shoot an additional 100m down plunge from the previous intersection. Hole 21-CARC-41 also targeted the high grade shoot, but appears to have been drilled just on the...