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Oceanus Reports High-Grade Silver and Gold Assays from the Caleigh, Canon Combination and Protectora Veins at the El Tigre Property in Sonora, Mexico
HALIFAX, NV / ACCESSWIRE / November 1, 2019 / Oceanus Resources Corporation (TSXV:OCN)(OTCQB...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"Oceanus Reports High-Grade Silver and Gold Assays from the Caleigh, Canon Combination and Protectora Veins at the El Tigre Property in Sonora, MexicoHALIFAX, NV / ACCESSWIRE / November 1, 2019 / Oceanus Resources Corporation (TSXV:OCN)(OTCQB:OCNSF) (\"Oceanus\" or the \"Corporation\") reports it has received assay results of channel samples collected in September, 2019 from legacy underground exploration tunnels and from surface samples on the Caleigh, Canon Combination (unmined portion of the El Tigre vein), Protectora and Aguila veins located north of the old El Tigre Mine in Sonora, Mexico (see Figure 1 sample Location Map).In the Caleigh vein, approximately 2 kilometers north of the old El Tigre Mine, underground channel sample ETU-1007 returned 31.68 g/t gold equivalent consisting of 6.4 g/t gold and 1,896.3 g/t silver over a true width of 0.50 meters. Underground Channel Sample ETU-1006 returned 30.91 g/t gold equivalent consisting of 4.64 g/t gold and 1,970.7 g/t silver over a true width of 0.50 meters.In the Canon Combination vein (unmined portion of the El Tigre vein) underground channel sample ETU-1012 returned 24.17 g/t gold equivalent consisting of 0.25 g/t gold and 1793.7 g/t silver across a true width of 0.50 meters.In the Protectora vein, approximately 2 kilometers north of the old El Tigre Mine, underground channel sample ETU-1008 returned 7.05 g/t gold equivalent consisting of 2.01 g/t gold and 378.0 g/t silver across a true width of 0.50 meters.Glenn Jessome, President and CEO of Oceanus reports, \"After delivering our maiden 43-101 compliant resource estimate our current ongoing program continues to explore our 28,414 hectare district scale El Tigre Property. These high-grade silver and gold results in the Caleigh, Canon Combination and Protectora Veins further our understanding of the mineralization north of the old El Tigre mine. The results from the mapping and sampling of the underground workings and at surface present a series of high priority drill targets over a 2 kilometer strike length north of the old El Tigre Mine, which we intend to drill.\"As previously press released by Oceanus, drill hole ET-17-144 in the Caleigh Vein returned 0.85 meters of 135.1 g/t gold equivalent consisting of 37.2 g/t gold, 7,338.9 g/t silver as well as 2.84% copper, 1.38% lead and 4.06% zinc. The gold equivalent ratio is b...