Solvista Gold Corporation (TSXV:SVV, OTCQX:SVVZF) announced results from the Phase 1 drill program at its Guadalupe Project in Colombia, confirming new gold and silver discovery.

As quoted in the press release:

Highlights : Two drill holes were completed on the El Oso 2 target, 150 metres apart, and returned 18.35 g/t gold (Au) over 2.77 metres in GUD-1214 and 9.29 g/t Au over1.92 metres in GUD-1213. Four drill holes were completed on the El Oso 1 target, over 750 metres of strike length, and returned 6.25 g/t Au over0.99 metres in drill hole GUD-1209 and 3.02 g/t Au and 169.77 g/t Ag over 2.10 metres in GUD-1211.

Solvista’s President and CEO, Miller O’Prey said:

We are very happy to be announcing the results from the initial drill program at the Guadalupe Project. This program was designed to test a number of anomalous areas within the large Guadalupe Project, as well as to enhance the Company’s understanding of the geology and controls on mineralization in an area of little outcrop.

To view the whole press release, click here.