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.
不列顛哥倫比亞省溫哥華 -（新聞社公司 - 2024年7月16日） - Masivo銀礦公司（TSXV：MASS）（OTC粉紅色：GNYPF）（以下簡稱「Masivo」或「公司」）非常高興地宣佈，在將鑽孔目標深度延長三次後，已成功完成了在內華達州「埃爾科縣」Masivo的高品位黃金，白銀和銅項目 - 波士頓礦區著名的鑽孔Bm-24-02或更好的稱號下的456.05英尺鑽井工作。
"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.
「第二個孔顯示出非常積極的結果，我們非常高興在我們的技術團隊同意繼續鑽孔100英尺的深度後完成這個孔，這要歸功於我們鑽井芯中連續可見的高礦化作用，這是我們能將鑽孔目標深度延長3倍的原因，我們非常興奮地將鑽心送到實驗室進行分析，」David Coburn，總裁兼首席執行官評論道。
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.
鑽井團隊目前正在將所有設備重新定位到波士頓礦的孔Bm-24-03，第三個孔的鑽井將在本週末或下週初開始。
Nevada Drill Program Highlights:
內華達州鑽探計劃亮點：
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.
波士頓礦區鑽探計劃將包括8個孔，總計約1,000米，以測試主要礦化帶，以及歷史誘生極化（IP）異常。
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.
波士頓礦區專利 - 4個孔將測試歷史礦化作用，包括二戰前高產區域。另外一份報告指出，在相同深度處有一條六英寸的脈石，含銀量爲10,885 g/t Ag。這些報告不符合NI 43-101報告標準，所有引用的數字應視爲歷史數據。
IP異常 - 至少有四個孔計劃測試被解釋爲矽卡巖地質學的硫化物礦化的歷史IP異常。根據結果，將決定是否將IP測量擴大到物業的其他部分。
Stock Options:
期權：
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.
該公司還向董事，高管和顧問發放了250,000股期權（「期權」）。此外，該公司希望澄清服務提供商Senergy Communications Capital Inc.和Aleem Fidai並未持有75,000股期權，正如2024年6月18日新聞發佈稿中所述。這是一個錯誤，此聲明應作爲更正。
About Masivo Silver Corp.
Masivo銀礦公司簡介：
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是一家加拿大初創的銀金礦開採勘探公司，總部位於加拿大溫哥華。 Masivo目前專注於推進其在美國內華達州和墨西哥錫那羅亞州的勘探項目。該公司的磨礦廠位於其El Colomo物業上，每天可加工多達300噸礦石。有關Masivo當前業務的其他信息可在公司的網站上或通過電子郵件davidcoburn@masivosilver.com獲得。
ON BEHALF OF THE BOARD OF DIRECTORS
"David Coburn" Chief Executive Officer
董事會代表
「David Coburn」首席執行官
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.
本新聞稿包含基於公司的當前預期，估計，預測和投射的「前瞻性信息」。本前瞻性信息包括，但不限於，有關公司勘探計劃的聲明。用「將」，「預期」，「計劃」或其他類似的單詞和短語旨在識別前瞻性信息。前瞻性信息受已知和未知風險，不確定性和其他因素的影響，這些風險，不確定性和其他因素可能導致公司的實際結果，活動水平，業績或成就與此類前瞻性信息所表達或暗示的真實情況截然不同。
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 tsx Venture交易所及其監管服務提供商（如TSX Venture交易所的政策中所定義的那樣）不承擔此發佈的充分性或準確性的責任。