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Highlander Silver Announces Acquisition and Resulting 100% Ownership of the La Estrella Epithermal Silver - Gold Project in Huancavelica Province, Central Peru
(TheNewswire) March 22 , 2023 – TheNewswire - Vancouver, British Col...
About this update from Highlander Silver Corp
[{"type":"text","content":"Highlander Silver Announces Acquisition and Resulting 100% Ownership of the La Estrella Epithermal Silver - Gold Project in Huancavelica Province, Central Peru\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n March\n \n \n 22\n \n \n ,\n2023 –\n \n \n TheNewswire -\n \n \n Vancouver, British Columbia\n– Highlander Silver Corp. (CSE:HSLV)\n \n \n (the\n“\n \n \n Company\n \n \n ” or “\n \n \n Highlander\nSilver\n \n \n ”) is pleased to announce that it has\nacquired the 400 hectare Estrella 001 concession pursuant to an\nagreement with Compañía Minera Ares S.A.C. and the contiguous 200\nhectare Estrella 002 concession by auction from the Peruvian mining\nauthority.\n \n \n \n \n Highlights\n \n \n \n \n \n \n Acquisition of the La Estrella epithermal silver –\ngold advanced exploration stage project, plus historical data base in\nHuancavelica Province, Central Peru.\n \n \n \n \n \n \n Historical significant drill intercepts, for example\n70.5 m returning 0.84 g/t Au and 71.8 g/t Ag, including 22 m of 1.41\ng/t Au and 144.9 g/t Ag in hole DDH-E12 confirm\nprospectivity.\n \n \n \n \n \n \n The La Estrella project is located in the Huancavelica\nDepartment, Central Peru, about 250 km ESE of Lima, on the eastern\nslope of the Western Cordillera. It is within the prolific Miocene\npolymetallic belt, approximately 34 km NNE of the Julcani Mine, which\nhas produced over 105 million ounces of silver from high grade vein\nmineralisation averaging 16 ounces per ton since production started by\nBuenaventura in 1953 (Hector Barrionuevo, Julcani – Mina emblematica\nde Minas Buenaventura con 63 años de operación. PERU XVIII Peruvian\nGeological Congress).\n \n \n \n \n Mineralisation at La Estrella occurs spatially and\ngenetically associated with a sequence of volcanic and subvolcanic\nrocks, comprising coarse fragmental dome-diatreme andesite, massive\nporphyritic andesite and dacite dome facies, with late stage\nemplacement of amygdaloidal, biotite-feldspar porphyritic lamprophyre\ndykes and sills.  These rocks lie on the hanging wall of a\nwest-dipping fault, against redbeds of the Permo-Triassic Mitu\nFormation.\n \n \n \n \n From 2003 to 2012 a total of 8,500 m was drilled in 41\nholes defining a NNE tabular, west dipping mineralised...