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Volcanic Gold Mines drills 1.53m @ 191.8 g/t Au and 539 g/t Ag at Holly
Vancouver, British Columbia - TheNewswire - OCTOBER 5, 2021 – Volcanic Gold Mines Inc. (TSXV:VG) is pleased to report final results from Holly drill holes HDD-2
About this update from Volcanic Gold Mines Inc.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - OCTOBER 5, 2021 – Volcanic Gold Mines Inc. (TSXV:VG) is pleased to report final results from Holly drill holes HDD-21-017 through HDD-21-020 following receipt of the overlimit assays, and that the drill is again turning at Holly. Drilling at Volcanic’s nearby Banderas project will start during the month of October. Holly Highlights: HDD-21-017 from 134.25m to 143.08m returns 8.83m @ 8.81 g/t Au and 355 g/t Ag HDD-21-019 from 28.97m to 30.50m returns 1.53m @ 191.8 g/t Au and 539 g/t Ag And 171.90m to 178.42m returns 6.52m @ 11.72 g/t Au and 340 g/t Ag HDD-21-020 from 61.70m to 67.10m returns 5.40m @ 4.38 g/t Au, 350 g/t Ag Including 63.0m to 64.0m returns 1.00m @ 20.70 g/t Au and 1,616 g/t Ag And 131.0m to 134.20m returns 3.20m @ 255 g/t Ag Results from Holly continue to return high grade broad intercepts accompanied by high associated values in path finder elements such as Mercury and Antimony. It is management’s belief that we are still high in the epithermal system and the next round of drilling continues to step down the Jocotan Fault Breccia testing this broader system at depth. Within the Peña vein hanging wall, splay veins are producing spectacular results as shown by the bonanza interval in HDD-21-019 returning 1.53m @ 191.8 g/t Au and 539 g/t Ag from 28.97m down hole. La Peña is one of many north-south veins that cross the regional east-west Jocotan plate bounding fault system. With growing understanding of the controls on mineralization at Holly, the program is consistently intersecting the north-south Peña vein system within the wide Jocotan fault breccia, where gold-silver grades are the highest. A major focus of the upcoming drilling will be to test the extensive breccia in the plate bounding Jocotan fault. Results are still pending from latest step out holes to the north and south. The initial step out hole to the north, HDD21-015, returned 15.55m @ 7.67 g/t Au and 615 g/t Ag, and HDD21-017 to the south of the Jocotan breccia (above) returned 8.83m @ 8.81 g/t Au and 355 Ag. Figure 1. La Peña Zone; Long Section: Technical Information Bruce Smith, M.Sc. (Geology), a member of the Australian Institute of Geoscientists, is Volcanic’s Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. &n...