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Silverton Metals Corp. Obtains A Surface Access Agreement For The Pluton Silver - Zinc Project, Durango, Mexico
Silverton Metals Corp. Obtains A Surface Access Agreement For The Pluton Silver - Zinc Pr...
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[{"type":"text","content":"\n \n \n \n Silverton Metals Corp. Obtains A Surface Access Agreement For The Pluton Silver - Zinc 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 Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 29, 2021\n \n /CNW/ -- Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) (\"\n \n Silverton\n \n \" or the \"Company\") is pleased to announce it has signed an access agreement with the Comisariado Ejidal of Ejido Mapimi, owner of the communal land on which the Company's Pluton silver – zinc project is situated, in\n \n Durango, Mexico\n \n . The three-year agreement provides for access to the land for surface exploration work including diamond drilling, and use of a core storage facility.\n \n Silverton\n \n has initiated exploration work on the property including preparations for a seismic survey scheduled for\n \n January 2022\n \n , which will be followed by data integration, analysis, target selection and drill permitting in 1H2022 and drilling in 2H2022.\n \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 nearing completion. The seismic profile is expected to determine the depth to carbonate rocks that host silver-rich manto-chimney deposits (carbonate replacement deposits) in the district (see SVTN news release dated\n \n October 25, 2021\n \n ).\n \n \n Mr.\n \n John Theobald\n \n , President & CEO of\n \n Silverton\n \n \n ,\n \n comments,\n \n \"I am pleased to have successfully concluded a three-year access agreement for Pluton. The district is a major hydrothermal system with excellent potential to locate high-grade silver-zinc manto-chimney deposits similar to those mined in the historic Ojuela Mine and the nearby Platosa mine, which is\n \n Mexico's\n \n highest-grade silver mine with a silver equivalent grade of over 1,000g/t\n \n 1\n \n . The ZTEM an...