Business

Reyna Silver Follows Up Discovery Hole GG21-28 - Expands Mineralized Skarn Footprint to 0.5 KM2 and - Finds Multiple Indications of High-Level Mineralization

VANCOUVER, BC and HONG KONG / ACCESSWIRE / April 7, 2022 / Reyna Silver Corp. (TSXV:RSLV)(OT...

articleReyna SilverApril 7, 20225/company/reyna-silver/news/reyna-silver-follows-up-discovery-hole-gg21-28-expands-mineralized-skarn-footprint-to-05-km2-and-finds-multiple-indications-of-high-level-mineralization
Reyna Silver Follows Up Discovery Hole GG21-28 - Expands Mineralized Skarn Footprint to 0.5 KM2 and - Finds Multiple Indications of High-Level Mineralization

About this update from Reyna Silver

[{"type":"text","content":"Reyna Silver Follows Up Discovery Hole GG21-28 - Expands Mineralized Skarn Footprint to 0.5 KM2 and - Finds Multiple Indications of High-Level MineralizationVANCOUVER, BC and HONG KONG / ACCESSWIRE / April 7, 2022 / Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF)(FRA:4ZC) (\"Reyna\" or the \"Company\") is pleased to report results from its 8,000 m Phase 2 drilling program on its 100% owned Guigui Project in the heart of the historic more than 500 million ounce Santa Eulalia Silver District in central Chihuahua-Mexico's largest Carbonate Replacement Deposit (CRD). Reyna's exploration is focused on finding the source of the system and believes that Phase 1 Hole GG21-28, which cut multi-stage Silver-Copper-Zinc-Lead sulphide-mineralized skarn (high-temperature alteration) overprinted on a previously unknown highly-felsic intrusive lies close to that inferred source (See Press Release of Oct., 28, 2021).Phase 2 follow-up drilling was designed with two goals. The first was to take aggressive step-outs from GG21-28 to determine the extent and zoning of that mineralized skarn. Four of the five Phase 2 holes cut intrusive-hosted mineralized skarn very similar to that in GG21-28 (Table 1), significantly increasing confidence in the expanded mineralization footprint, which now covers an area of at least 0.5 km2. The second important focus was to look within the overlying 1,200m thick historically productive limestone sequence for mineralization potentially sourced from the mineralized skarn. Silver-bearing sulphide veins ranging from a few centimetres to 4.5 metres wide (core length) cutting massive limestone were identified in 4 of 5 holes between about 340 and 720m above the mineralized skarn zone (Table 2). These are all high-angle structures that closely resemble \"feeder\" or \"bleeder\" structures that extend to and from major replacement bodies in the historic mines and may provide important mineralization vectors moving forward. Phase 3 will focus on seeking massive sulphide replacement mineralization related to these upper-level structures while continuing to zero in on the source of the district.Highlights from the Phase 2 Drilling Program:Holes drilled 650, 770, and 1089 metres from discovery Hole GG21-28 (as well as from the same pad) all intersected varying thickness and grades of intrusive-hosted mineralized skarn. The mineraliz...

More updates from Reyna Silver