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Caracara Silver Inc. (TSXV:CSV) announced that it has begun a 3,000-meter drilling program at its Peru-based Princesa silver-lead-zinc project. It is managing the program with its joint venture partner, a private Peruvian mining company located in Lima.
Caracara Silver Inc. (TSXV:CSV) announced that it has begun a 3,000-meter drilling program at its Peru-based Princesa silver-lead-zinc project. It is managing the program with its joint venture partner, a private Peruvian mining company located in Lima.
As quoted in the press release:
A 3,000 metre drill program is under way at the 100%-owned Princesa project located 850 kilometres south east of Lima in Puno Province. Princesa hosts a 43-101 compliant resource estimate totalling 4.6 million tonnes in the inferred category, grading 90.88 grams silver per tonne and 1.69% zinc and 1.61% lead. The Princesa NI 43-101 Technical Report can be found on the Company’s website www.caracarasilver.com and on www.sedar.com
The drill program is designed to test for strike and depth extensions to known mineralization and in fill between holes completed in previous drill campaigns with the objective of improving resource categories from inferred to indicated. The drill program will also test new targets defined by IP anomalies and splays off of the main Princesa mineralized structure.
Silver-lead-zinc mineralization is hosted in a steeply dipping structure striking on surface for more than 1.6 kilometres metres and which has been drill tested to a depth of 150 metres.
Click here to read the full Caracara Silver Inc. (TSXV:CSV) press release.Â
