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Reyna Silver Announces Commencement of Drilling at Batopilas And High-Grade Sampling Results
VANCOUVER, BC and HONG KONG / ACCESSWIRE / June 29, 2023 / Reyna Silver Corp. (TSXV:RSLV; OTCQX:R...
About this update from Reyna Silver
[{"type":"text","content":"Reyna Silver Announces Commencement of Drilling at Batopilas And High-Grade Sampling ResultsVANCOUVER, BC and HONG KONG / ACCESSWIRE / June 29, 2023 / Reyna Silver Corp. (TSXV:RSLV; OTCQX:RSNVF; FRA:4ZC) (\"Reyna'' or the \"Company\") announces that drilling has commenced at its 100% owned Batopilas Project in Chihuahua, Mexico. The 1,850-ha Batopilas Project encompasses Mexico's historically highest-grade silver district, which produced 300 Moz at average grades of 1,500 g/t Ag with native silver as the main ore mineral.The project seeks significant undiscovered portions of the mineralized system, including both the exceptionally high-grade historically mined silver and previously unrecognized gold-rich mineralization. The gold and silver mineralization appear to reflect at least two mineralization events that exploited the same structures. This coincidence provided the opportunity to leverage the two styles of mineralization to understand the overall district framework better.The 3,000 m drilling program will test targets generated over the past year following recognition of the overlapping gold and silver mineralizing events (see Press Release of April 12, 2022). Systematic, district-scale geological, geochemical, and geophysical surveys revealed multiple coincident anomalies that create high-potential drilling targets. Key targets include Pastrana (particularly the 14k Zone), Escritorio, Banda Este, Animas, and Las Vacas (See Figure 1.). Drillholes are designed to also intersect multiple newly identified features lying above the main targets.\"We're delighted to have rigs turning again on targets arising from our recognition of previously unsuspected gold mineralization in this historically prolific silver district,\" said Jorge Ramiro Monroy, CEO of Reyna Silver. \"Since we discovered minable widths of high-grade gold last year, we've conducted systematic mapping, sampling, structural and geophysical studies that have led to an exciting inventory of new drilling targets.\"The systematic, district-scale exploration program was initiated after:Trenching on projections of known structures to the northeast of the historic mining area revealed silver mineralization grading 305 g/t to 42,302 g/t Ag, as well as, significant gold mineralization grading as high as 21.4 g/t Au (see Press Release of February 4, 2021). This was the fir...