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Volcanic Gold intersects 11.4 g/t Au and 1,150 g/t Ag over 1.52 m within a broader interval of 10.68 m grading 2.07 g/t Au and 389 g/t Ag in the La Pena vein at Holly
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About this update from Volcanic Gold Mines Inc.
[{"type":"text","content":"Volcanic Gold intersects 11.4 g/t Au and 1,150 g/t Ag over 1.52 m within a broader interval of 10.68 m grading 2.07 g/t Au and 389 g/t Ag in the La Pena vein at Holly\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Shares issued 45,543,710\n \n VG close - C$0.265, W/C +$7.5 million cash\n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire – May 3, 2022\n \n \n -\n \n \n Volcanic Gold Mines Inc.\n \n (TSXV:VG)\n(“Volcanic” or “the Company”) is pleased to report additional\ndrill results from the Holly Property, Guatemala.  Complete assays\nhave been received for all previously pending drill holes. Full\nresults tables and additional maps and geological sections are\navailable on the Volcanic website.\n \n \n \n Highlights from\n \n \n recent drill results include:\n \n \n \n \n La Peña vein Hole HDD-22-030\nintersected 11 .4 g/t Au and 1,150 g/t Ag over 1.52m within a broader\ninterval of 10.68 m grading 2.07 g/t Au and 389 g/t Ag.\n \n \n \n \n La Peña vein additional sampling of\nHole HDD-22-022 reported 11.2 g/t Au and 522 g/t Ag over 1.53m\n \n \n \n “The gold and silver discovery we have made at Holly is significant.\nThe new high-grade intercepts demonstrate continuity within the La\nPe\n \n ñ\n \n a vein system. With final results in hand\nthe Company is working to complete a maiden resource calculation with\nthe aim of showing the high value and minimal impact of developing\nthese resources and the concrete benefits and sustainable employment\nfor our local communities,” stated Simon Ridgway, President and CEO\nof Volcanic.\n \n \n Drilling at Holly focused on extending the La Pe\n \n ñ\n \n a high-grade system at depth and along strike with a\ngoal of establishing a significant high-grade resource and improving\nunderstanding of the controls on high-grade mineralization.  The La\nPe\n \n ñ\n \n a vein remains open in all directions.\nSeveral holes also cut high grade gold in the Amber vein and Pino\ntarget at a shallow depth.  The Amber vein, Pino veins, Alpha vein\nand Jocotan splay targets all have significant potential and will be\ntested in future drill programs.\n \n \n \n Figure 1: La Pe\n \n \n ñ\n \n \n a Long Section with AuEq x Estimated True Width\n \n \n \n \n \n \n \n \n Click Image To View Full Si...