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Masivo Silver Successfully Completes First Hole Intercepting 55ft of 0.99% Cu, 1.52g/t Au and 30.25g/t Ag Starting at 65ft downhole at Boston Mine in Nevada
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - Masivo Silver Corp.   (TS...
About this update from Masivo Silver Corp.
[{"type":"text","content":"Masivo Silver Successfully Completes First Hole Intercepting 55ft of 0.99% Cu, 1.52g/t Au and 30.25g/t Ag Starting at 65ft downhole at Boston Mine in NevadaVancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) (\"Masivo\" or the \"Company\") is pleased to announce it has successfully completed its first Hole from their phase I drilling program on their Boston Mine Project in the State of Nevada. BM22-01 was drilled from the private property in the Boston Mine area. The core hole was drilled to a total depth of 252 feet at an azimuth of 210° and an inclination of -45°. The hole was drilled under the portal of the Boston Mine where historic high-grade gold was reportedly encountered sub-parallel to bedding. BM22-01 was drilled perpendicular to bedding. The hole targeted two projected parallel mineralized zones and encountered significant copper-gold-silver values ​​related to a skarn zone with strong calc-silicate alteration along with locally pervasive copper sulfide (bornite) mineralization.The core from BM22-01 was geotechnically and geologically logged by a Professional Geologist who delineated sample intervals that were confined to a maximum drilled length of 5 feet. Once logged, the core was photographed and split utilizing a hydraulic core splitter. Samples consisting of one-half core were sent to ALS Laboratory (an ISO accredited lab) where gold analysis by fire assay with ICP-AES and multi-element analysis by four acid digestion ICP was completed.Results from the first drill hole indicate that Masivo's geological model and projected target zones (mineralized zones \"M\" and \"N\") appear to be accurate. Hole BM22-01 encountered two projected mineralized zones. Significant assay results from this hole are shown below in Table 1.Significant drill intercepts include 55 feet (drilled width) of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole.HOLE IDFROM (ft)TO (ft)WIDTH (DRILLED)Cu (%)Au (ppm)Ag (ppm)BM22-0165120550.991.5230.25Including859052.672.8684.7Including11011551.692.6851.21751805.342.6615.00 Core hole BM22-02 was designed to test the down-dip extension of mineralized zone \"N\" and has been completed. Assay results from BM22-02 are pending.Masivo's team of geologists is very excited about the r...