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Silver Storm Drills 436 g/t Ag.Eq over 4.5 m Approximately 97 m Under Last Stope in Norte-Sur Zone
Toronto, Ontario--(Newsfile Corp. - November 21, 2023) - Silver Storm Mining Ltd. (TSXV: SVRS) (O...
About this update from Silver Storm Mining Ltd.
[{"type":"text","content":"Silver Storm Drills 436 g/t Ag.Eq over 4.5 m Approximately 97 m Under Last Stope in Norte-Sur ZoneToronto, Ontario--(Newsfile Corp. - November 21, 2023) - Silver Storm Mining Ltd. (TSXV: SVRS) (OTCQB: SVRSF) (FSE: SVR) (\"Silver Storm\" or the \"Company\"), is pleased to announce the second set of drill results from its Phase 1 diamond drilling program at the Company's 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Results from the two holes within this release are from the Quebradillas mine.Key highlights include:Hole Q-23-007 successfully intersected the Norte-Sur zone returning 436 g/t Ag.Eq1 over 4.46 metres (\"m\") and 330 g/t Ag.Eq over 2.26 m within a broader interval grading 324 g/t Ag.Eq over 8.72 m.This intercept is located approximately 97 m below the last mine development in this area, with similar high-grade mineralization:- Level 1749 graded 358 g/t Ag.Eq over a strike length of 51 m and width of 3.6 m- Level 1737 graded 407 g/t Ag.Eq over a strike length of 28 m and width of 3.2 m Hole Q-23-007 also successfully intersected a new zone returning 357 g/t Ag.Eq over 1.77 m, including a strong gold intercept of 4.07 g/t Au.Hole Q-23-006 successfully intersected a new zone of replacement mineralization returning 1,085 g/t Ag.Eq over 0.82 m and 633 g/t Ag.Eq over 0.44 m.Greg McKenzie, President and CEO, commented: \"Drill results within the Quebradillas mine continue to validate our thesis: high-grade mineralization contained within the stopes previously mined can be extended materially down-dip, in this case 97 m. We also have assay results pending from hole Q-23-008 (located ~ 30 m northwest) with similar geologic features. The new high-grade zone discovered in hole Q-23-006 is also very interesting and will be followed up in the next phase of drilling.\"\"Drill results from the Quebradillas mine have enhanced our understanding and confidence that the La Parrilla Mine can be brought back online. In 2024, Silver Storm will proceed with technical studies targeting the re-establishment of mining operations in 2025.\"Hole Q-23-007Hole Q-23-007 was drilled to target the Norte-Sur extension within the Quebradillas Mine, successfully intersecting quartz-carbonate-fluorite vein, breccia and replacement mineralization, returning 436 g/t Ag.Eq over 4.46 m (173.04 to 177.50 m) and 330 g/t Ag.Eq over 2.26 ...