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GSilver Drills 2,988 GPT AgEq Over 0.35m Estimated True Width at El Cubo
Reports Successful Drilling from Three Different Guanajuato Areas VANCOUVER, BC / ACCESSWI...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"GSilver Drills 2,988 GPT AgEq Over 0.35m Estimated True Width at El CuboReports Successful Drilling from Three Different Guanajuato AreasVANCOUVER, BC / ACCESSWIRE / May 5, 2022 / Guanajuato Silver Company Ltd. (the \"Company\" or \"GSilver\") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to report drill results from its ongoing exploration programs at the Company's wholly owned El Cubo Mine Complex and El Pinguico project in Guanajuato, Mexico.Highlights from Recent Drilling at the Company's Guanajuato properties:Hole VP022-002: 1,956 grams per tonne (gpt) Ag and 12.90 gpt Au for 2,988 gpt AgEq over 0.55m (0.35m est. true width) from the Villalpando vein, at the Capulin area, at El Cubo.Holes SC22-001 and SC22-002: 42 gpt Ag and 7.56 gpt Au for 647 gpt AgEq over 0.35m (0.3m est. true width) in hole SC22-001 and 276 gpt Ag and 4.49 gpt Au for 636 gpt AgEq over 0.30m (0.13m est. true width) and 194 gpt Ag and 2.60 gpt Au for 402 gpt AgEq over 0.55m (0.30m est. true width) in hole SC22-002from the ‘680' vein, and the Tuberos and Poniente veins, respectively, at the Santa Cecilia area, at El Cubo.Hole P21-22: 227 gpt Ag and 2.11 gpt Au for 396 gpt AgEq over 1.5m (0.60m est. true width) and 193 gpt Ag and 1.15 gpt Au for 285 gpt AgEq over 0.6m (0.24 m est. true width) from the Arroyo vein and El Pinguico vein, respectively, at the El Pinguico project.\"These results serve to build confidence in our understanding of geological controls of high-grade mineralisation within the various veins and different zones of our Guanajuato mine holdings. Further, drilling at the El Cubo mine continues to identify mineralisation that the Company can quickly build into its near-term mining plans,\" commented James Anderson, Chairman and CEO of Guanajuato Silver.GSilver continues infill and expansion drilling at the El Cubo Mine targeting the Villalpando, Asuncion, Tuberos and ‘680' veins at the Villalpando and Santa Cecilia areas; in parallel, GSilver is continuing exploration at the El Pinguico project targeting the Arroyo and Pinguico veins. From late January to end of March 2022, a total of 3,130 meters in 14 holes were drilled from underground at the Guanajuato properties.The drill results announced today include the last two holes drilled at El Pinguico in 2021, and six of the 14 diamond drillholes drilled so far this year. The Company is r...