Expands Mineralisation Footprint At Virginia Project
Silver Sands Resources Corp. (CSE: SAND) has received better than expected results from the Phase I Drilling Programme completed in December 2020 at the Virginia Project in Argentina.
CEO, Keith Anderson, said the drilling program,r exceeded management’s expectations as it has extended known mineralisation along strike at Julia South, Martina SE and Ely Central; added new zones of mineralisation along known vein structures and identified new zones of mineralisation within previously untested veins.
He said the results from Phase I drilling support management’s belief that the global silver resource of the Virginia vein field can be increased significantly.
Seven of the 18 drill holes in the programme intersected zones in excess of 100 g/t silver, with a further five returning values of 30 g/t to 100 g/t silver. Shallow high-grade silver mineralisation was also identified in six new zones.
“The goal of our exploration campaigns remains building and significantly increasing the global silver resource at Virginia leading to an updated resource estimate in H2 2021,” Mr Anderson said.
“The IP, trenching and drilling is therefore focussed on strike extensions, new mineralisation along known veins and mineralisation in new veins, not redrilling previously known mineralisation.
“The current fully funded Phase II programme is well underway with 1507m in 10 holes completed as of February 19. Samples from some of the first holes have been dispatched to the assay lab,” he concluded.
Surface mapping and sampling, IP, trenching and previous drilling in the southern and eastern parts of the project are all suggesting that the vein systems on the south and east part of the project are at higher levels in the local volcanic system which require deeper drilling to test the mineralised zones. The company’s geologists are adjusting the location and angle of the Phase II drill holes accordingly.
