Business
Silver Sands Resource Corp. to Commence Exploration Program at Virginia Silver Project in Argentina
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - Silver Sands Resource Corp. (CSE: SAND) ("Silver Sands" or the "Company") is pleased to ann
About this update from Silver Sands Resources Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - Silver Sands Resource Corp. (CSE: SAND) (\"Silver Sands\" or the \"Company\") is pleased to announce the commencement of the Phase I 2020 exploration program at the Virginia Silver Project, in Santa Cruz, Argentina under the option agreement with Mirasol Resources (TSXV: MRZ) (\"Mirasol\"). The support crews are opening the camp and completing cautionary measures to align with Argentinian COVID protocols and the field crews are commencing with the Induced Polarization survey in advance of Phase I drilling. The initial program will include diamond drilling, excavator supported trenching and Pole Dipole Induced Polarization (PDP IP) surveys directed at several under-explored veins peripheral to the veins hosting the current resource. Highlights 2,570 metres of diamond drilling over 6 veins; Approximately 1,500 linear metres of excavator trenching over 12 veins; and, 40-line km of PDP IP over 8 veins. \"We are extremely excited the 2020 exploration season is underway at Virginia to test a number of high quality under-explored vein targets,\" Silver Sands CEO Keith Anderson commented. \"Our recent fund-raising success has left us with over $3 million in the bank after funding the entire US$1 million for the Phase I program to project operator Mirasol Resources,\" he continued. \"We anticipate the drills to start turning in mid-October after the PDP IP assists on zeroing in on the initial high-quality drilling targets. We look forward to providing a steady flow of catalysts to our shareholders in the coming months,\" he concluded. Figure 1. 2020 Drilling Plan The initial phase of diamond drilling this year will focus on the following vein structures: Ely Central, Martina, Margarita, Naty West, Roxanne and Magi. These veins, along with additional untested veins, were one of the key features that attracted Silver Sands to the Virginia project, as they show similar characteristics and/or grades to the previously drilled structures, suggesting a high likelihood of further drilling success. Ely Central - drill between the Ely North and Ely South Resource Blocks Magi - follow up down dip drilling of initial results of 37.97 g/t Ag over 5.4 m and 40.73 g/t Ag over 16.7 m Margarita - drill test beneath surface and trench samples with highlight values to 1,720 g/t Ag Naty W...