Business
Silverton Metals Announces Exploration Update Pluton Silver-Zinc-Lead Project, Durango, Mexico
Silverton Metals Announces Exploration Update Pluton Silver-Zinc-Lead Project, Durango, M...
About this update from Lodestar Metals Corp.
[{"type":"text","content":"\n \n \n \n Silverton Metals Announces Exploration Update Pluton Silver-Zinc-Lead Project, Durango, Mexico\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 25, 2021\n \n /PRNewswire/ -- Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) (\"\n \n Silverton\n \n \" or the \"Company\") is pleased to provide an update of exploration activities at the Pluton silver-zinc-lead project in the state of\n \n Durango, Mexico\n \n . Recent processing and 3D-modelling of geophysical data commissioned by the company reveals new target areas and features not previously identified, which are potentially related to mineralization. To date, magnetometry reprocessing has been completed while ZTEM and gravity modelling are in progress.  Permitting is underway for a seismic test line scheduled to be surveyed before year end. The seismic profile is expected to determine the depth to carbonate rocks that host silver-rich manto-chimney deposits (aka CRD's or carbonate replacement deposits) in the district (see SVTN\n \n September 27\n \n news release).\n \n \n Mag 3D modelling of magnetic data, in addition to having identified a new target, has refined the location and shape of magnetic bodies (interpreted as intrusive rocks), alteration zones and structures, all especially useful for the selection of drill targets.\n \n \n The new target area called\n \n San Andres\n \n , located south of the Dos Amigos target, is added to the five targets previously identified (Fig 1). The prospectivity of the Dos Amigos-San Andres area is highlighted by surface assays on dumps (between 4%-5.5% Pb-Zn) and assays of drill hole 2 drilled in Dos Amigos area (6.6% Pb, and 9.5% combined Zn-Pb in sub-meter (\n \n 0.6m\n \n ) veinlets intercepts 80 meters and 160 meters below surface, respectively). These vein intercepts occur in capping shales and are interpreted to be connected to larger mineralized bodies once the veinlets reach the favourable carbonate horizons that underlie the shales. Magnetic 3D modelling indicates deep magnetic bodi...