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zinc investing

Highest Zinc Values to Date at Zaragoza Lower Level at Puerto Rico Project: Discovery Metals

Scott Tibballs
Jun. 20, 2018 09:02AM PST
Base Metals Investing

Discovery Metals has announced the third and final batch of assay results from the detailed underground channel sampling program taken at the Zaragoza mine, part of its flagship Puerto Rico project in northern Coahuila State, Mexico.

Discovery Metals (TSXV:DSV)has announced the third and final batch of assay results from the detailed underground channel sampling program taken at the Zaragoza mine, part of its flagship Puerto Rico project in northern Coahuila State, Mexico.

As highlighted in the press release:

  • Positive results from 103 new channel samples from the Zaragoza mine at the Puerto Rico project. All assays from Zaragoza have now been received;
  • New results from the Zaragoza Lower level returned the highest zinc and zinc equivilant values on the Puerto Rico project to date (39.6 percent and 45.5 percent respectively) and the highest manto zinc equivilant average grade at the Zargoza mine, at 15.8 percent zinc equivilant (over 21 samples);
  • Of the total 293 channel samples at the Zaragoza mine, 83 were from manto mineralization and returned an average grade of 129 grams per tonne of gold, 7.6 percent zinc, 4.3 percent lead, 0.12 percent copper (12.8 percent zinc equivilant).
  • The three known mantos at Zaragoza are open laterally in all directions, and chimneys are open to depth, indicating potential for additional stacked mantos below.

President and CEO of Discovery, Taj Singh said:

“The third and final batch of channel samples from our detailed mapping and sampling program at Zaragoza were impressive, and continue to increase our confidence in the tenor and scale of carbonate replacement mineralization at Puerto Rico. The results will be instrumental in understanding the system locally at Zaragoza and regionally at the project. In addition, the results will help develop targets for our maiden drill program at the project, planned for Q3. We look forward to receiving results from the San Jose and Puerto Rico mines in short order, both of which possess a larger footprint and vertical extent than Zaragoza.”

Click here to view the full Discovery Metals (TSXV:DSV) press release.

tsxv:dsv zinc investing puerto rico discovery metals
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