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Cartier Silver Announces Commencement of Diamond Drilling on Gonalbert Property, Potosi Department, Southern Bolivia
Initial 5-hole diamond drill program totalling 3,300m will test geophysical and geological targets for epithermal polymetallic Ag-Pb-Zn mineralization in the ge
About this update from Cartier Silver Corporation
[{"type":"text","content":" Initial 5-hole diamond drill program totalling 3,300m will test geophysical and geological targets for epithermal polymetallic Ag-Pb-Zn mineralization in the general vicinity of the artisanal silver mine. Additional IP/Res surveys in the NW part of the property have added more than a kilometre of additional strike length to the potential mineralized zone. TORONTO, June 29, 2023 (GLOBE NEWSWIRE) -- Cartier Silver Corporation (CSE: CFE) (“Cartier Silver” or the “Company”) is pleased to announce that diamond drilling has commenced to test geophysical and geological targets for epithermal Ag-Pb-Zn mineralization on the Gonalbert Property, Potosi Department, Southern Bolivia. The initial program will consist of 5 drill holes totalling 3,300m collared in the general vicinity of the artisanal silver mine. The locations of these holes are shown in Figure 1, a geological plan map. Collar locations and orientations of these holes are listed in Table 1 below. Sections 1 and 2 in Figure 2 show the geophysical anomalies being targeted in the vicinity of the major structures which have been the focus of artisanal mining, both historically and recently. Tom Larsen, CEO of Cartier Silver, commented: “We are very excited to begin drill testing this promising epithermal polymetallic mineralization target. Initial previously reported geophysical and geological work (see Cartier press release dated June 7, 2023) outlined a target area that is 800m by 500m and extends to a depth of at least 400m, the depth limit of the survey. Additional geophysical work has now extended this target zone a further one kilometre to the northwest. Significantly, the chargeability anomaly becomes stronger, especially at depths greater than 100m, below a depleted, near-surface zone where sulphide mineralization has been extensively oxidized. The additional geophysical work consisted of six Induced Polarization (IP/Res) lines surveyed by MES Geophysics in the northwest part of the Gonalbert property. The same array of eight fifty-metre and four offset one hundred-meter dipoles was used to obtain chargeability and resistivity data to a depth of about four hundred meters. Figure 3 shows that the resistivity anomaly along the prominent west-northwest fault extends for an additional kilometer of strike length. The corresponding chargeability map, Figure 4, shows an add...