Investor Alert: Silver Viper – Drill Hole Intercepts Highest Silver & Gold Grades to Date
Highest silver and gold grades to date at El Rubi
Silver Viper Minerals is a Canadian-based junior mineral exploration company. They are focused on precious metals exploration in the northwestern Mexican state of Sonora.
Silver Viper is pleased to report the current batch of drilling results from ongoing exploration at the La Virginia Silver-Gold Project. Drill hole 289 hit the deepest, widest as well as the highest grade interval to date on the project! Higher up in the hole, they hit a broad long interval that shows the open pit potential of the deposit.
Further, the results returned a 19.30 metres1 core length (11.89 metres estimated true width) zone averaging 363 g/t silver and 21.2 g/t gold in the deepest hit on the El Rubi structure to date. It also contained a best individual sample of 0.5 metres1 core length (0.31 metres estimated true width) grading 10,681 g/t silver and 738 g/t gold from 429.2 metres.
“We look forward to continuing to produce exciting assets on the deposit. We’re also looking forward to a major catalyst of the resource that we expect to produce by the end of March,” says President and CEO, Steve Cope.
About La Virginia
La Virginia is located 220 km east-northeast of Hermosillo, Sonora. It is a large exploration area, primarily prospective for fault-controlled, low-sulphidation epithermal precious metal mineralization. Moreover, the Property and historical exploration database were acquired by way of option agreements made with two distinct parties. Gold and silver mineralization at La Virginia occurs within breccias, veins and stockworks, hosted primarily by andesitic volcanics. These are often in close spatial association to, or cross-cutting pre-mineral dacite dykes. They are also controlled by fractures and faults that define the regional structural trend.
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