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Defiance Extends Wide, High-grade Zones of Silver Mineralization
Defiance Silver Corp. (TSXV:DEF) released results from three further holes drilled at the Mexico-based San Acacio silver deposit.
Defiance Silver Corp. (TSXV:DEF) released results from three further holes drilled at the Mexico-based San Acacio silver deposit.
As quoted in the press release:
Drilling 550m southeast of the last 8 reported drill holes intercepted wide zones of mineralization in both the Veta Grande and Veta Chica veins. Results from these holes extend the known mineralization to 140m below the current resource (see News Release Dated January 15, 2015) with mineralization still open to depth and along strike.
Drill hole SAD15-10 intersected the San Acacio vein over a length of 11.95m. Three zones straddling two old mine workings returned; 2.1m grading 333.87 g/t AgEq, 5.5m grading 187.06 g/t AgEq, and 1.6m grading 99.55 g/t AgEq. Hole SAD15-09 intersected the San Acacio vein over a length of 7.65m that includes a 3.05m wide old working where it is believed the high-grade portion of the vein had been mined.
Both drill holes SAD15-09 and SAD15-10 intersected the hanging wall Veta Chica Vein.SAD15-09 returned 15.65m grading 68.76 g/t AgEq with a 4.85m section grading 128.71 g/t AgEq.SAD15-10 returned 1.6m grading 110.50 g/t AgEq.
The workings intersected in both holes SAD15-09 and SAD15-10, are believed to represent the higher grade portions of the 7.65m and 11.95m long intersections of the San Acacio vein that were historically mined.
Bruce Winfield, CEO of Defiance, commented:
I am very encouraged by the drill results having again extended the high grade, wide zones of mineralization to 140m below the base of the current resource. These drill intersections demonstrated the robustness of the vein system as we move over 550m along strike.
Click here to read the full Defiance Silver Corp. (TSXV:DEF) press release.
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