Capitan Mining Inc. (TSXV:CAPT)has reported continued exploration success from five reverse circulation (RC) drillholes from the Jesus Maria silver zone at its 100%-owned Cruz de Plata Project (Formerly referred to as Peñoles), in Durango, Mexico.
Highlights:
- Drill results extend high grade silver mineralisation at Jesus Maria to depth; identifying a new higher grade silver zone, which remains open. Updated long section)
- Hole 22-JMRC-19 returned 21.3m of 132.9 g/t Ageq, including 1.5m of 307.5 g/t Ageq and 1.5m of 344.8 g/t Ageq
- Hole 22-JMRC-13 returned 3.0m of 225.8 g/t Ageq
- All drill holes successfully intersected the Jesus María vein and extended the zone down-dip
- Programs of soil sampling and surface trenching and prospecting continue at the Capitan, Jesus Maria, and San Rafael targets
- Six drillholes are pending from the spring 2022 RC program testing the Jesus Maria vein, Gully Fault and San Rafael north zones
- Capitan Mining continues to focus exploration activities on the expansion and delineation of the Jesus Maria, high-grade, Ag-vein zone. Drillholes were designed as either step-outs along section or as strategic infills, to further delineate areas of high-grade Ag-mineralisation.
- All drillholes reported herein, except for 22-JMRC-17 were step-out holes focused on expanding mineralisation down-dip to the east of the Gully Fault. All drillholes were successful in intersecting Jesus Maria style mineralisation, expanding the zone between 43m and 114m down-dip along section.
Holes 22-JMRC-16, 18 and 19 were targeting the expansion of Jesus Maria Style mineralisation to the southeast of the current drill defined boundary. All three holes returned multiple intervals of Jesus Maria style mineralisation along their profiles ranging in width from 1.5m to 21.5m in length.
All three holes were successful in extending the main body of Jesus Maria style mineralisation down dip between 66m and 114m in their respective sections over a strike length of approximately 100m. The best results include 21.3m of 132.9 g/t Ageq, including 1.5m of 307.5 g/t Ageq and 1.5m of 344.8 g/t Ageq in hole 22-JMRC-19 and 19.8m of 68.4 g/t Ageq in hole 22-JMRC-16.
“We are very pleased to show the continuity at depth of both grade and thickness of the Jesus Maria silver vein,” CEO, Alberto Orozco, said.
“We look forward to upcoming holes which will not only continue to test the extension of Jesus María, but of the Gully Fault Ag-Au zone as well. These two higher-grade silver zones in conjunction with the JM North, JM South and San Rafael targets, highlight the potential for significant scale at the Cruz de Plata Silver Project.”
For further information please visit: https://capitanmining.com/