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Sierra Madre Underground Channel Samples Return 0.7 Metres of 239.0 G/T Gold at La Tigra Project, Nayarit, Mexico
VANCOUVER, BC / ACCESSWIRE / May 12, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM)(OTC...
About this update from Sierra Madre Gold & Silver Ltd.
[{"type":"text","content":"Sierra Madre Underground Channel Samples Return 0.7 Metres of 239.0 G/T Gold at La Tigra Project, Nayarit, MexicoVANCOUVER, BC / ACCESSWIRE / May 12, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM)(OTCQB:SMDRF) (\"Sierra Madre\" or the \"Company\") is pleased to provide an update on its La Tigra Gold/Silver Project (La Tigra\") located in the State of Nayarit, Mexico. La Tigra is located approximately 148 km north of Sierra Madre's Tepic Project.Assays have been received for 154 channel samples taken from Level 200 of the historic El Tigre mine. The samples ranged between of 0.011 grams per tonne gold (\"g/t Au\") and 239.0 g/t Au. Sample channel widths varied between 0.35 meters and 1.70 meters, averaging 0.92 meters. All samples contained detectable gold. The average grade of all the samples is 3.14 g/t Au with 65 samples greater than 0.5 g/t Au and 39 samples greater than 1.0 g/t Au. Silver values range from below the 0.5 g/t Ag detection limit to 76.0 g/t Ag.The table below shows highlight underground channel sample assays:ChannelSampleFrom (m)To (m)Int (m)Au g/tAg g/tAuEq g/t*LTR-UG-002LTR-9141.251.950.70239.0029.8239.4LTR-UG-056LTR-10581.001.550.5524.4023.124.7LTR-UG-056LTR-10570.001.001.0024.4021.324.7LTR-UG-062LTR-10710.000.700.7018.1523.418.5LTR-UG-058LTR-10620.000.900.9013.1517.013.4LTR-UG-024LTR-9720.551.851.3010.7018.711.0LTR-UG-004LTR-9231.402.401.009.7543.110.3LTR-UG-030LTR-9810.851.700.858.045.88.1LTR-UG-029LTR-9780.001.351.357.438.57.5LTR-UG-062LTR-10720.701.801.106.868.97.0LTR-UG-026LTR-9740.001.301.306.2712.86.4LTR-UG-028LTR-4460.001.101.106.159.36.3LTR-UG-010LTR-9460.001.051.055.7521.26.0LTR-UG-031LTR-9820.001.201.205.234.95.3LTR-UG-027LTR-9771.703.001.305.0212.25.2Channel samples from underground workingsWidths are sample width with true width estimated to be >90%*Gold silver ratio used to calculate Gold Equivalent (\"AuEq\") is 75 g/t Ag to 1 g/t AuTable includes samples with greater than 5.0 g/t AuTrenching:The surface trenching program at La Tigra continues with LTZ19 returning 8.9 meters of 3.27 g/t gold including 2.7 meters of 6.74 g/t gold and 2.1 meters of 4.52 g/t gold. The trench began and ended in mineralization.The following tabulates all surface trenches since the last trench results release from March 29, 2022 :AreaTrenchFrom(m)To(m)Int(m)Aug/tAgg/tAuEq g/t*North East Fault SystemLTZ12Geolo...