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Discovery Metals Reports 402 m of 134 g/t AgEq including 112 m of 247 g/t AgEq in the South Corridor at Cordero
TORONTO, Sept. 14, 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, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from four diamond drill holes targeting bulk-tonnage mineralization in the South Corridor at its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. The South Corridor has seen significantly less drilling than the North Corridor and will be a key area of focus for the remainder of the 55,000-metre (“m”) Phase 1 drill program. The goal of this drill program is to define a large-scale, high-margin project with excellent leverage to rising silver prices. The highlight hole in this release is C20-343. Intercepts include: 401.7 m averaging 134 grams per tonne silver equivalent (“g/t AgEq1”) from 66.9 m (49 g/t Ag, 0.07 g/t gold (“Au”), 1.0% lead (“Pb”) and 1.1% zinc (“Zn”)) including: 30.3 m averaging 182 g/t AgEq1 (57 g/t Ag, 0.10 g/t Au, 0.8% Pb, 2.2% Zn) from 181.2 m 112.3 m averaging 247 g/t AgEq1 (96 g/t Ag, 0.08 g/t Au, 2.0% Pb, 1.8% Zn) from 243.5 m 44.2 m averaging 241 g/t AgEq1 (84 g/t Ag, 0.10 g/t Au, 1.8% Pb, 2.0% Zn) from 413.7 m Taj Singh, President and CEO, states: “Hole C20-343 returned one of the best-ever intercepts at Cordero. The fact that it came from the South Corridor, an area of the deposit that has seen significantly less drilling, is even more encouraging. The remarkably long intercept begins at shallow depth and includes multiple zones of high-grade mineralization, including an interval of 112.3 m averaging 247 g/t AgEq1. “Initial drilling in our Phase 1 program has been successful in defining a higher-grade bulk-tonnage domain in the North Corridor with a strike extent of over 1.5 km. While this domain remains open along strike and at depth, the focus of our drill targeting for additional bulk-tonnage mineralization has now shifted to the South Corridor. The drills are now targeting areas of the deposit where there are significant gaps in previous drilling in order to efficiently grow the pit-constrained higher-grade resource at Cordero. Our initial results show tremendous promise and we look forward to follow-up drilling in the South Corridor.” DRILL RESULTS: The four holes in this release were drilled in the South Corridor and were designed to in-fill significant gaps in previous drilling. Hole C20-343 returned a ...