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Sierra Madre Reports 12 Metres Grading 2.91 G/T Aueq; Including 4.5 Metres Grading 7.05 G/T Aueq At La Tigra Project, Nayarit, Mexico
VANCOUVER, BC / ACCESSWIRE / February 15, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM,...
About this update from Sierra Madre Gold & Silver Ltd.
[{"type":"text","content":"Sierra Madre Reports 12 Metres Grading 2.91 G/T Aueq; Including 4.5 Metres Grading 7.05 G/T Aueq At La Tigra Project, Nayarit, MexicoVANCOUVER, BC / ACCESSWIRE / February 15, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM, OTCQB:SMDRF) (\"Sierra Madre\" or the \"Company\") is pleased to announce additional results from trenching and a project update at its La Tigra project located in the State of Nayarit, Mexico. Trench intercepts are located northwest of the previous announced trenches (see News Release dated Nov. 16, 2021) and are summarized in the table below.La Tigra Trench IntervalsStructureTrenchFromToInt (m)Au g/tAg g/tAuEq g/tZapolitoLTZ06913.94.90.4630.49El VerdeLTZ073.814.811.01.0311.05includes9.811.82.04.1324.15El VerdeLTZ084.516.512.02.8552.91Includes1216.54.56.9487.05Notes:Intervals reported are Trench lengths with true width estimated to be 90% or greaterLength-weighted averages from uncut assays*Gold silver ratio used to calculate AgEq is 75 g/t Ag to 1 g/t AuGregory K Liller, Sierra Madre's COO states, \"I am very pleased to see the continued success of the La Tigra trenching program. These three trenches, together with the previously released trenching results, confirm our view that the Districo del Tigre has significant gold and silver potential.\"The trench locations are shown in the following map.Trenching was conducted using picks and shovels to expose bedrock with continuous channels then cut with a portable rock saw and samples removed using hammers and chisels.La Tigra Project UpdateLuis Saenz, Director of Exploration & Development states \"We have gained safe access to the 100 and 200 levels of the historic El Tigre mine. Initial underground mapping indicates the structural fabric of the area is more complex, containing both primary and antithetic structures which host quartz veins and breccias along with a surrounding quartz stockworks. It has been my experience in other gold silver districts in Mexico that this type of structural pattern has the potential to be economically very significant. \"Continued district-wide surface mapping, sampling and trenching has delineated a northwest trending structural corridor 3 km in length hosting multiple northwest striking veins and breccia zones along with crosscutting northeast structures.The underground workings of the historic El Tigre mine have now bee...