- Pantera Silver (PNTR) has reported preliminary drill results confirming silver mineralization and a new gold zone
- This initial drill program focused on two of 21 high-grade silver veins previously mapped and surface sampled within the 1,100-hectare property
- Silver mineralization was confirmed at depth on the “La Negrilla” and “El Crestón de María” veins
- The initial drill holes confirmed the continuity of the silver mineralization 50 m below the La Negrilla mine
- Pantera will continue to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions
- Pantera Silver Corp. (PNTR) is down 13.64 per cent, trading at C$0.19 at 11:23 am ET
Pantera Silver Corp. (PNTR) has reported on the initial drill results from its Nuevo Taxco Silver Project in Guerrero State, Mexico.
Multiple gold and silver intervals were intersected in veins and stock-work zones, with individual sample intercepts of 225 g/t Ag and 1.85 g/t Au.
This initial drill program focused on two of 21 high-grade silver veins previously mapped and surface sampled within the 1,100-hectare property.
Silver mineralization was confirmed at depth on the “La Negrilla” and “El Crestón de María” veins and drilling intersected new mineralized structures and mineralized stockworks.
Pantera Silver President Jay Roberge stated, “This is a very large system with this initial drilling testing an initial 630 meters of a combined 11 km of vein strike on the property with all veins open along strike.”
“Fortified with this confirmation of the system, our field team is working to identify high priority targets for continued drilling,” added Roberge.
The initial drill holes confirmed the continuity of the silver mineralization 50 m below the La Negrilla mine, in the same vein and in “splays” of that vein.
Drilling along the La Negrilla vein confirmed continuity of surface rock sample results generated by Impact Silver in 2013. These results confirm the continuity of silver mineralization to 50m below the historical La Negrilla workings and identify additional vein splay mineralization.
With discovering a new gold zone and confirmation of mineralization continuous from the historical La Negrilla workings, Pantera plans to detail the broader area with geological and structural mapping to sequence future drilling at the new gold target.
This will also prepare a more extensive definition of the La Negrilla silver mineralization. The vein system is suspected of local widening and narrowing longitudinally and to depth.
Exploration drilling will also be expanded to other structures with high silver values on the remaining 19 mapped and surface sampled veins.
Pantera Silver Corp. is a mineral exploration and development company committed to enhancing shareholder value by advancing a diverse portfolio of mineral projects through collaborative partnerships and highly experienced technical teams.
Pantera will continue to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions.
Pantera Silver Corp. (PNTR) is down 13.64 per cent, trading at C$0.19 at 11:23 am ET.
