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Nevada Silver Corporation Announces Positive Results at Its 100%- Owned Corcoran Silver-Gold Project, Nevada, USA
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRES TORONTO, ON / ACCE...
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[{"type":"text","content":"Nevada Silver Corporation Announces Positive Results at Its 100%- Owned Corcoran Silver-Gold Project, Nevada, USANOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRESTORONTO, ON / ACCESSWIRE / November 10, 2021 / Nevada Silver Corporation (\"NSC\" or the \"Company\") (TSXV:NSC) is pleased to provide an update to the ongoing diamond drill program at its 100%-owned Corcoran Silver-Gold project (\"Corcoran\" or the \"Project\") in Nevada, USA.NSC has received analytical results from the first diamond drill hole (CC21-01) of the Company's maiden drill campaign. Highlights of the vertical drill hole include:96 meters from surface @ 35g/t AgEq (19g/t Ag, 0.21g/t Au)Including 2.63 meters @220g/t AgEq (187g/t Ag, 0.48g/t Au)2.67 meters from 233.7 meters @ 1336g/t AgEq (1219g/t Ag, 1.82g/t Au)Including 1.33 meters @ 2466g/t AgEq (2310g/t Ag, 2.6g/t Au)6.09 meters from 245.7m @ 277g/t AgEq (253g/t Ag, 0.38g/t Au)Drill hole CC21-01 is the first hole completed in NSC's current 3,000-meter drilling program. It is located near the center of the outcropping epithermal Corcoran Silver-Gold deposit (Figure 1) and was positioned to intersect near-surface mineralization and to test for deeper silver-gold mineralized zones.Figure 1. Cross section through the Corcoran Ag-Au deposit (view northeast) showing trace of NSC drill hole CC21-01 and anomalous silver and gold reported by earlier explorers.Assay highlights are summarized in Table 1 and drill hole location details are listed in Table 2.NSC CEO Gary Lewis commented, \"CC21-01 has intersected significant silver and gold mineralization and this suggests that drilling of the deposit by other explorers, mostly in the 1980's, may have underestimated the grades and depth extent of the deposit. This is an excellent start to our maiden drill program and we look forward to receiving additional results from the 15 other drill holes completed to date.\"In addition to the silver and gold mineralization in the top 96 meters from the surface collar of the hole (Figures 1 and 2), CC21-01 transected two zones of high silver-gold mineralization at depth (including a 1.33-meter intersection from 233.7 meters of 2310 g/t Ag and 2.6g/t Au) which likely represents mineralized feeder conduits that may extend to considerable depths beneath the near-surface resource.Current drilling is well advanced wi...