Business
Silver Sands Resources Updates Phase III Drilling Progress at the Virginia Silver Project
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Silver Sands Resources Corp. (CSE: SAND) (OTCQB: SSRSF) ("Silver Sands" or the "Company") is
About this update from Silver Sands Resources Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Silver Sands Resources Corp. (CSE: SAND) (OTCQB: SSRSF) (\"Silver Sands\" or the \"Company\") is pleased to provide an update on its Phase III drill program at the Virginia Project in Santa Cruz Province, Argentina. Drill crews report the completion of drilling at the Virginia silver vein field and the commencement of drilling at the Santa Rita gold silver targets 15 km north. \"We are happy to report the Phase III silver drill program at Virginia was completed on time and under budget, with fifteen batches of core samples already at the Alex Stewart Laboratory for analysis,\" commented Silver Sands CEO Keith Anderson. \"Drill crews are now at the Santa Rita silver-gold target and have commenced drilling. We're also very pleased that we were able to increase the planned number of metres drilled through tight budgetary controls and the skill of our drill crew. Following up on our successful Phase II program we were able to complete another 15 holes at Virginia as the Company continues its focus on significantly expanding the current silver mineral resources,\" he continued. \"Based on a new discoveries at the west side of the Naty vein, and at the Patricia- Daniela trend, and at the Margarita vein trend, we will also complete further trenching and geophysics prior to Christmas shutdown, in preparation for Phase IV drilling in Q1 2022,\" he concluded. Expanding the current silver resource is the Company's primary goal and the fifteen holes totaling 2,520 metres were directed at the gaps between Ely Central and Ely North, the gap to the north of Ely North, and the Martina Vein, where earlier Silver Sand drill programs intersected significant silver mineralization. Exploration holes also tested the Margarita, Maos and Roxanne veins, probing the down dip extensions of surface outcrops/subcrops and floats targeting for suspected mineralized shoots at depth in those veins. Figure 1. Virginia Vein Field Phase III Drilling The drill has now been mobilized 15km to the north to Santa Rita, where exploration, trenching and previous drilling in 2005-2007 delivered highlight grades of 340 g/t silver and 5 g/t gold. Re-interpretation of historic data in combination with new 2021 trenching and PDP-IP has highlighted several compelling virgin gold silver targets ...