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Volcanic Gold drills 1.53m @ 191.8 g/t Au and 539 g/t Ag at Holly

(TheNewswire) 2021-10-05 -VG - News Release Shares issued 44,600,000 ...

articleVolcanic Gold Mines Inc.October 5, 20214/company/volcanic-gold-mines/news/volcanic-gold-drills-153m-1918-gt-au-and-539-gt-ag-at-holly
Volcanic Gold drills 1.53m @ 191.8 g/t Au and 539 g/t Ag at Holly

About this update from Volcanic Gold Mines Inc.

[{"type":"text","content":"Volcanic Gold drills 1.53m @ 191.8 g/t Au and 539 g/t Ag at Holly\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n 2021-10-05 -VG - News\nRelease\n \n \n \n Shares issued 44,600,000\n \n VG close - C$0.33c, W/C +$9 Million\n \n \n \n Vancouver, British Columbia -\n \n TheNewswire\n \n -\nOCTOBER 5, 2021 – Volcanic Gold Mines Inc. (TSXV:VG) is pleased to\nreport final results from Holly drill holes HDD-21-017 through\nHDD-21-020 following receipt of the overlimit assays, and that the\ndrill is again turning at Holly. Drilling at Volcanic’s nearby\nBanderas project will start during the month of October.\n \n \n Holly Highlights:\n \n \n HDD-21-017 from 134.25m to 143.08m returns\n \n 8.83m @ 8.81 g/t Au and 355 g/t Ag\n \n \n \n HDD-21-019 from 28.97m to 30.50m returns\n \n 1.53m @ 191.8 g/t Au and 539 g/t Ag\n \n \n \n \n And\n \n 171.90m to 178.42m returns\n \n 6.52m @ 11.72 g/t Au and 340 g/t\nAg\n \n \n \n HDD-21-020 from 61.70m to 67.10m returns\n \n 5.40m @ 4.38 g/t Au, 350 g/t Ag\n \n \n \n \n Including\n \n 63.0m to 64.0m\nreturns\n \n 1.00m @ 20.70 g/t Au and\n1,616 g/t Ag\n \n \n \n \n And\n \n 131.0m to 134.20m returns\n \n 3.20m @ 255 g/t Ag\n \n \n \n Results from Holly continue to return high grade broad intercepts\naccompanied by high associated values in path finder elements such as\nMercury and Antimony.  It is management’s belief that we are still\nhigh in the epithermal system and the next round of drilling continues\nto step down the Jocotan Fault Breccia testing this broader system at\ndepth.\n \n \n Within the Peña vein hanging wall, splay veins are producing\nspectacular results as shown by the bonanza interval in HDD-21-019\nreturning 1.53m @ 191.8 g/t Au and 539 g/t Ag from 28.97m down hole.\n La Peña is one of many north-south veins that cross the regional\neast-west Jocotan plate bounding fault system.  With growing\nunderstanding of the controls on mineralization at Holly, the program\nis consistently intersecting the north-south Peña vein system within\nthe wide Jocotan fault breccia, where gold-silver grades are the\nhighest.  A major focus of the upcoming drilling will be to test the\nextensive breccia in the plate bounding Jocotan fault.\n \n \n Results are still pending from latest step out holes to the north and\nsouth.  The initial step...

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