E2 Metals (ASX:E2M) has received further high-grade drill results from the Malvina and Andrea Sur prospects located in the Conserrat project, Santa Cruz province of Argentina.
Highlights
Gold and silver assay results have been received for a 1,605m infill diamond drill programme completed at the Malvina and Andrea Sur prospects aimed at extending known high-grade mineralisation.
Significant gold and silver assay results include:
Malvina
• CODD-255: 2m at 2.8gpt Au, 539gpt Ag (10.6gpt AuEq) from 136.7m
• CODD-261: 2m at 2.5gpt Au, 507gpt Ag (9.8gpt AuEq) from 132.4m
• CODD-292: 3m at 3.1gpt Au, 575gpt Ag (11.3gpt AuEq) from 39.2m
• CODD-295: 1.7m at 4.5gpt Au, 2,065gpt Ag (34gpt AuEq) from 143.3m
High-grade mineralisation is defined by 25 drill holes over 350m strike length and 150m vertical with a weighted average grade of 2.5gpt Au, 734gpt Ag (13gpt AuEq) over 3.0m downhole width.
High-grade mineralisation at Malvina is open to the northwest and is open at depth below hole CODD-295.
Andrea Sur
• CODD-300: 4m at 8.4gpt Au, 31gpt Ag (9gpt AuEq) from 51m, inc. 1m at 31.2gpt Au, 45gpt Ag (31.8gpt AuEq) from 51m
High-grade mineralisation at Andrea Sur is open at depth and to the northwest.
“Extensional drilling at Malvina continues to build scale with mineralisation extended along strike and at depth. Importantly, hole CODD-295 is one of the deepest intercepts at the prospects and extends high-grade mineralisation a further 55 vertical metres,” Managing Director, Todd Williams, said.
“Drilling at Andrea Sur shows that mineralisation is open to the northwest under shallow lake sediments.
“While work at Conserrat is now on hold for winter, the focus for E2 shifts to the El Rosillo project where drilling is ongoing and first results are expected in late July.
“Extensional drilling at Malvina continues to build scale with mineralisation extended along strike and at depth. Importantly, hole CODD-295 is one of the deepest intercepts at the prospects and extends high-grade mineralisation a further 55 vertical meters.
“Drilling at Andrea Sur shows that mineralisation is open to the northwest under shallow lake sediments. While work at Conserrat is now on hold for winter, the focus for E2 shifts to the El Rosillo project where drilling is ongoing and first results are expected in late July.”
Drilling is now on hold for the winter field break and will resume In September. The company is reviewing all available data, including the recently acquired Controlled Source audio-frequency Magnetotellurics (CSAMT) geophysical data to generate and refine targets for the next drill season. An update on regional exploration and strategy will be provided shortly in a separate announcement.
For further information please visit: https://e2metals.com.au/
