Visible Mineralization Allows Masivo to Extend Drilling Depth on Hole For The Third Time
Visible Mineralization Allows Masivo to Extend Drilling Depth on Hole For The Third Time
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2024) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce that after extending the hole target depth three times it has successfully completed drilling 456.05 Feet at hole BM-24-02 or better known as hole No.2 at the Boston Mine, Masivo's high-grade gold, silver and copper project in "Elko County" in the State of Nevada.
不列颠哥伦比亚省温哥华 -（新闻社公司 - 2024年7月16日） - Masivo银矿公司（TSXV：MASS）（OTC粉红色：GNYPF）（以下简称“Masivo”或“公司”）非常高兴地宣布，在将钻孔目标深度延长三次后，已成功完成了在内华达州“埃尔科县”Masivo的高品位黄金，白银和铜项目 - 波士顿矿区著名的钻孔Bm-24-02或更好的称号下的456.05英尺钻井工作。
"Hole No.2 has shown very positive results, we are very pleased to have completed this hole after our technical team agreed to continue drilling the hole 100 feet beyond the expected depth thanks to the continuous visible high mineralization present on our drill core, this is what allowed us to extend the target depth 3 times, we are very excited to send our core to the lab for assaying," commented David Coburn, President & CEO.
“第二个孔显示出非常积极的结果，我们非常高兴在我们的技术团队同意继续钻孔100英尺的深度后完成这个孔，这要归功于我们钻井芯中连续可见的高矿化作用，这是我们能将钻孔目标深度延长3倍的原因，我们非常兴奋地将钻心送到实验室进行分析，”David Coburn，总裁兼首席执行官评论道。
The Drilling team is currently relocating all equipment on to hole BM-24-03 at the Boston Mine, the drilling of hole No.3 will begin by the end of the week or early next week.
钻井团队目前正在将所有设备重新定位到波士顿矿的孔Bm-24-03，第三个孔的钻井将在本周末或下周初开始。
Nevada Drill Program Highlights:
内华达州钻探计划亮点：
The Boston Mine area drilling program will be comprised of 8 holes totaling approximately 1,000 meters to test the main mineralized zones, as well as historical Induced Polarization (IP) anomalies.
波士顿矿区钻探计划将包括8个孔，总计约1,000米，以测试主要矿化带，以及历史诱生极化（IP）异常。
Boston Mine patent - 4 holes will test historic mineralization including the pre-World War II high-grade producing area. An additional report stated that there was a six-inch vein at this same depth that assayed 10,885 g/t Ag. These reports are not compliant with NI 43-101 reporting standards and all numbers quoted should be considered as historic.
IP anomalies - At least four holes are planned to test historical IP anomalies that are interpreted to reflect sulfide mineralization that is part of the skarn geology. Based upon the results, a decision will be made as to expanding the IP survey over the rest of the property.
波士顿矿区专利 - 4个孔将测试历史矿化作用，包括二战前高产区域。另外一份报告指出，在相同深度处有一条六英寸的脉石，含银量为10,885 g/t Ag。这些报告不符合NI 43-101报告标准，所有引用的数字应视为历史数据。
IP异常 - 至少有四个孔计划测试被解释为矽卡岩地质学的硫化物矿化的历史IP异常。根据结果，将决定是否将IP测量扩大到物业的其他部分。
Stock Options:
期权：
The Company has also issued 250,000 incentive stock options ("Options") to directors, officers, and advisors. Furthermore, the Company wishes to clarify that the Service Provider, Senergy Communications Capital Inc. and Aleem Fidai, does not hold 75,000 stock options as previously stated in the June 18, 2024 news release. This was an error, and this statement serves as a correction.
该公司还向董事，高管和顾问发放了250,000股期权（“期权”）。此外，该公司希望澄清服务提供商Senergy Communications Capital Inc.和Aleem Fidai并未持有75,000股期权，正如2024年6月18日新闻发布稿中所述。这是一个错误，此声明应作为更正。
About Masivo Silver Corp.
Masivo银矿公司简介：
Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the State of Nevada, US, and in the State of Sinaloa, Mexico. The Company's mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day. Additional information on Masivo's current operations is available on the Company's website at or email davidcoburn@masivosilver.com.
Masivo是一家加拿大初创的银金矿开采勘探公司，总部位于加拿大温哥华。 Masivo目前专注于推进其在美国内华达州和墨西哥锡那罗亚州的勘探项目。该公司的磨矿厂位于其El Colomo物业上，每天可加工多达300吨矿石。有关Masivo当前业务的其他信息可在公司的网站上或通过电子邮件davidcoburn@masivosilver.com获得。
ON BEHALF OF THE BOARD OF DIRECTORS
"David Coburn" Chief Executive Officer
董事会代表
“David Coburn”首席执行官
This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
本新闻稿包含基于公司的当前预期，估计，预测和投射的“前瞻性信息”。本前瞻性信息包括，但不限于，有关公司勘探计划的声明。用“将”，“预期”，“计划”或其他类似的单词和短语旨在识别前瞻性信息。前瞻性信息受已知和未知风险，不确定性和其他因素的影响，这些风险，不确定性和其他因素可能导致公司的实际结果，活动水平，业绩或成就与此类前瞻性信息所表达或暗示的真实情况截然不同。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX创业公司交易所及其监管服务提供方（该术语定义在TSX创业公司政策中）不对此发布的充分性或准确性承担任何责任。