Business
Reyna Silver Encounters Multiple High-Grade Sulphide Zones Within 54.9 Metres of Near-Source Style Skarn at Guigui
VANCOUVER, BC and HONG KONG, CHINA / ACCESSWIRE / October 28, 2021 / Reyna Silver Corp. (TSX...
About this update from Reyna Silver
[{"type":"text","content":"Reyna Silver Encounters Multiple High-Grade Sulphide Zones Within 54.9 Metres of Near-Source Style Skarn at GuiguiVANCOUVER, BC and HONG KONG, CHINA / ACCESSWIRE / October 28, 2021 / Reyna Silver Corp. (TSXV:RSLV; OTCQX:RSNVF; FRA: 4ZC) (\"Reyna\" or the \"Company\") is pleased to report initial results for its 13-hole Phase 1 drilling program on its 100% owned Guigui Project in central Chihuahua, Mexico. The program was designed to narrow down the location of the probable source intrusion for the Santa Eulalia District- Mexico's largest known Carbonate Replacement Deposit (CRD). Two holes have cut a previously unknown rhyolitic intrusion over 200 m thick that has extensive high-grade sulphide mineralization along its base. The most significant hole was GG21-28 which intersected 54.90 m (core length) of pervasive multi-stage epidote skarn alteration cut by at least 4 overprinted sulphide mineralization stages. Individual sulphide stages show distinctive silver, lead, zinc, and copper grades indicative of repeated pulses of mineralizing fluids (Figure 2 and Table 1). This combination of repeated sulphide mineralization overprinting pervasive high-temperature alteration (\"skarn\") within a highly felsic intrusion strongly suggests that Hole GG21-28 lies close to the undiscovered source of the Santa Eulalia CRD system.\"We are very pleased that our broadly-spaced systematic drilling program appears to have led us to the threshold of the source of this important historic district. Our main goal for Phase 1 was to locate high-grade mineralization associated with the right style of intrusion, and it turns out we have discovered not only the largest intrusive ever found in the district, but it's the first mineralized skarn ever seen in Guigui.\" stated Jorge Ramiro Monroy, Reyna Silver's CEO. \"We are well funded and look forward to additional success from our aggressive follow-up Phase 2 drilling program\".See Video Link below with Peter Megaw Discussing the drill results.The entire 54.90 m skarn zone in GG21-28 is mineralized, but there are 4 principal sulphide-rich stages starting 1300 m downhole (Table 1). The uppermost sulphide zone is silver-rich, averaging 184 g/t (5.9 oz/t) Silver over 2.3 m (core length), but this includes a 0.59 m interval of 523 g/t (16.8 oz/t) Silver. Beneath this is a higher Zinc (to 18.35% Zn) zone with ...