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Sierra Madre Intercepts 15.2 Metres Grading 419 G/T AGEQ & 22.9 Metres Grading 222 G/T AGEQ at the Tepic Project, Nayarit, Mexico
VANCOUVER, BC / ACCESSWIRE / September 8, 2021 / Sierra Madre Gold and Silver Ltd. ("Sierra ...
About this update from Sierra Madre Gold & Silver Ltd.
[{"type":"text","content":"Sierra Madre Intercepts 15.2 Metres Grading 419 G/T AGEQ & 22.9 Metres Grading 222 G/T AGEQ at the Tepic Project, Nayarit, MexicoVANCOUVER, BC / ACCESSWIRE / September 8, 2021 / Sierra Madre Gold and Silver Ltd. (\"Sierra Madre\" or the \"Company\") is pleased to announce the completion of its confirmation drilling program at the Tepic project in the State of Nayarit, Mexico. The program comprised 21 Reverse Circulation (\"RC\") drill holes totaling 2,136 meters.Hole TRC012 returned 15.2m @ 2.23 g/t Au, 263 g/t Ag (419 g/t AgEq)Hole TRC013 returned 22.9m @1.47 g/t Au, 119 g/t Ag (222 g/t AgEq)Full recovery confirms previous drilling, and in areas of previous poor core recoveries several RC holes increased the widths of known, near-surface mineralization, within multiple zones which remain open at depthPositive step toward expanding the limits of the silver/gold mineralization and advancing the Project to an NI 43-101 resource estimationThe following table contains highlights of RC drill holes including several with wider intercepts when compared to historic drilling.Tepic Project Drilling HighlightsHoleFromToWidth (m)Ag g/tAu g/tAgEqTRC00241.165.524.4760.2997TRC01036.046.610.71360.64181TRC01248.263.415.22632.23419TRC01331.254.122.91191.47222TRC01414.531.216.81100.65155TRC01729.940.510.71040.38130TRC02080.284.74.64581.15539Notes:See detailed table on Company's web site for complete resultsIntervals reported are core lengths with true width estimated to be 70 - 90%Length-weighted averages from uncut assaysIntervals reported at a 30 g/t eAg* cutoff*Gold silver ratio used to calculate AgEq is 70 g/t Ag to 1 g/t AuLink to complete RC drill table: https://sierramadregoldandsilver.com/project/tepic-project/ A total of 2,136 meters were drilled in the 2021 RC drilling program, confirming the results of the previous operator's core drilling which had reported core recovery issues. Sierra Madre is confident that the drilling successfully validated both the grade tenor and geometry of the mineralized veins, breccias, and stockwork zones when compared to the previous core intercepts. The 2021 drilling has increased the confidence of the existing drill database and expanded the size of the drill tested silver-gold mineralization to be included in future mineral estimation studies.Sierra Madre Executive Chairman and Chief Operating Office Gre...