Business
Discovery Metals Reports 1,907 g/t AgEq Over 1.4 m in its First Drill Hole Testing the 1.2 Km-Long Todos Santos Vein Trend at Cordero
TORONTO, July 20, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from
About this update from Discovery Silver Corp
[{"type":"text","content":" TORONTO, July 20, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from eight diamond drill holes completed at its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. The holes are part of a Phase 1 diamond core drilling program that commenced in September 2019. The Phase 1 drill program was recently expanded from 35,000-metres (“m”) to 55,000 m and has the goal of defining a large-scale, high-margin project with excellent leverage to rising silver prices. Highlight intercepts include: Todos Santos Vein 1.4 m averaging 1,907 grams per tonne silver equivalent (“g/t AgEq1”) in hole C20-342 from 147.0 m (700 g/t Ag, 0.74 g/t gold (“Au”), 16.1% lead (“Pb”) and 14.0% zinc (“Zn”)) within a 5.3 m breccia interval that averaged 653 g/t AgEq1 (225 g/t Ag, 0.27 g/t Au, 5.1% Pb, 5.5% Zn) Parcionera Vein 1.5 m averaging 1,119 g/t AgEq1 in hole C20-338 from 149.8 m (489 g/t Ag, 0.82 g/t Au, 2.9% Pb and 11.1% Zn) within a 4.3 m vein that averaged 651 g/t AgEq1 (365 g/t Ag, 0.55 g/t Au, 2.1% Pb, 4.0% Zn) North-East Extension 120.4 m averaging 114 g/t AgEq1 in hole C20-333 from 206.8 m (30 g/t Ag, 0.11 g/t Au, 0.4% lead Pb and 1.5% Zn) 134.6 m averaging 92 g/t AgEq1 in hole C20-336 from 194.6 m (23 g/t Ag, 0.05 g/t Au, 0.5% Pb and 1.1% Zn) South Corridor 44.8 m averaging 139 g/t AgEq1 in hole C20-337 from 173.9 m (35 g/t Ag, 0.10 g/t Au, 0.7% Pb and 1.7% Zn) 0.8 m averaging 3,214 g/t AgEq1 in hole C20-337 from 291.3 m (1,992 g/t Ag, 0.79 g/t Au, 16.1% Pb and 14.2% Zn) Taj Singh, President and CEO, states: “We continue to intercept wide zones of bulk-tonnage style mineralization along the North-East Extension at Cordero. In addition, our understanding of the previously overlooked high-grade vein trends on the property continues to evolve. Four of the eight drill holes in this news release hit high-grade feeder structures, including 1,907 g/t AgEq1 over 1.4 m in our first ever drill hole targeting the Todos Santos vein trend, and 1,119 g/t AgEq1 over 1.5 m at the Parcionera vein trend. These two vein trends have a current combined strike length of over 1.5 kilometres based on historical underground workings. With a second drill rig now operational, we look forward to testing both the strike length and depth continuity of ...