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Heliostar Drills 2.5 Metres of 92g/t Silver in First Holes, Drilling Ongoing at La Lola, Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2021) - Heliostar Metals Limited (TSX...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Drills 2.5 Metres of 92g/t Silver in First Holes, Drilling Ongoing at La Lola, MexicoVancouver, British Columbia--(Newsfile Corp. - March 29, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (\"Heliostar\" or the \"Company\") is pleased to announce results from the first two holes ever completed at the La Lola project in Sonora, Mexico. HighlightsThe company is drill testing beneath the main La Barra vein at La Lola which attains widths of up to 40 metresThe first three holes intersected the vein and hole LOLA21-02 returned significantly higher silver grades than the vein at surface, supporting the company's interpretation that grades will increase with depthDrilling is ongoing with hole three recently completed and hole four in progressHeliostar CEO, Charles Funk, commented, \"These results are an excellent start to our drilling program at La Lola. To prove that higher grades occur within the main La Barra vein is a significant development and the company continues to drill looking for the heart of the system. This 1,500-metre program is the first ever drilling completed at La Lola and if Heliostar can demonstrate ore grades we can then step-out along the entire length of the La Barra vein.\"La Lola Drill ProgramThe current drilling program commenced with a shallow hole to confirm the dip of the main La Barra vein, followed by successively deeper tests of the vein. In holes LOLA21-01, LOLA21-02 and LOLA21-03, two subparallel veins have been intersected and comprise multi-phase massive to crystalline quartz, calcite and fluorite with local very fine-grained sulphides. The quartz rich phases of the vein range from locally finely banded at surface to a variety of breccia textures, including high energy breccia textures, at depth. This is interpreted as a vector towards the mineralized centre of the epithermal vein.DrillholeFromToIntervalGoldSilverComment(m)(m)(m)(g/t)(g/t)LOLA21-01No Significant ResultsLOLA21-0221.3023.802.50.0192.0Some assays pendingLOLA21-03Assays Pending Table 1: Table of intersections from the La Barra Zone. True thickness is unknown.La Lola ProjectThe La Lola property is a 63.6 square kilometre land package near Equinox Gold's Mercedes mine, First Majestic Silver's Santa Elena mine, SilverCrest's Las Chispas deposit, Silver Tiger Metals' El Tigre deposit and Grupo Mexico...