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Silver Spruce Completes Geological Mapping on Priority Drill Targets, New Sampling Reports Au To 51.5 G/T, Ag To 2,270 G/T With Pb+Zn+Cu To 50.9 Wt.% At Diamante, Mexico
BEDFORD, NS / ACCESSWIRE / April 27, 2022 / Silver Spruce Resources Inc. ("Silver Spruce" or...
About this update from Silver Spruce Resources Inc.
[{"type":"text","content":"Silver Spruce Completes Geological Mapping on Priority Drill Targets, New Sampling Reports Au To 51.5 G/T, Ag To 2,270 G/T With Pb+Zn+Cu To 50.9 Wt.% At Diamante, MexicoBEDFORD, NS / ACCESSWIRE / April 27, 2022 / Silver Spruce Resources Inc. (\"Silver Spruce\" or the \"Company\") (TSXV:SSE)(FRA:S6Q1) announces that the Company has received high-grade Au-Ag-Pb-Zn-Cu assays upon completion of its Phase 1 geological mapping program on the principal drilling target areas of the Diamante 1 and 2 concessions (see Press Release of January 24, 2022).\"We are pleased to report Au values to 51.5 g/t from silicified breccias in the Calton target (see Figure 1), the highest Au grade yet reported from Diamante, and Ag values >1,000 g/t were recorded from base metal sulphide-bearing veins at Pillado, El Chon and El Cumbro, the latter returning 2,270 g/t Ag, accompanied in several target areas by high-grade primary and supergene Pb+Zn+Cu up to a combined grade of 50.9 wt.% from grab and channel sampling at surface and within historical trenches and artisanal workings,\" stated Greg Davison, Silver Spruce Vice-President Exploration and Director.Figure 1. Silicified breccia grading 51.5 g/t Au from main Calton target. Diamante 2 SW location map of Calton, Calton Sur and Anomalía Sur on regional geology and graduated Au-Ag symbols.\"Significant zoned or multi-phase Au-Ag and/or base metal values from multiple targets spread across the concessions validated the historical data and contributed to drill target prioritization. The significant impact of the polymetallic base metals to the project value proposition is exemplified using Au-equivalent (AuEq) and/or Ag-equivalent (AgEq) grade determinations. With our drilling permit now in hand, Silver Spruce, along with our partner Colibri Resource Corp., look forward to awarding contracts for the initial 2,000 metres of reverse circulation (R/C) drilling on the first-priority targets at La Prieta, Calton, Pillado and Aguaje with El Chon-El Chon Oeste and Mezquite Raizudo next in line. Drilling quotations currently are under review for the May-June 2022 program,\" Mr. Davison added. \"The targeted geological mapping verified moderate to intense silica, sericite, clay and propylitic alteration profiles within and peripheral to mineralized veins and breccias transecting the Tarahumara andesite tuff...