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Be the first with the news that moves the market- Turmalina Metals (TSXV:TBX) has brought a second drill rig onto its San Francisco Project in Argentina
- The program will drill 2,000 metres over Argentina’s winter exploration season
- The second rig will drill one hole at the property’s main breech pipe, before moving onto other targets
- Mapping work completed last year identified a total of 60 breccia pipes, with some showing higher grades and larger surface areas than the main breccia pipe
- Turmalina Metals (TBX) is up five per cent and is trading at C$1.37 per share
Turmalina Metals Corp (TSXV:TBX) has increased the size and scope of its drilling program at the San Francisco Project in Argentina.
The Vancouver-based miner has secured a second drill rig for the site and will begin to accelerate its planned exploration program.
The rig already on site will remain drilling the San Francisco de los Andes Breccia, the main mineralised zone. The second rig has already arrived and will drill one hole at the main zone before moving onto other targets.
San Francisco is a 3404-hectare property with significant pockets of under-explored mineralization, which the second rig will be utilised to explore.
The program will perform 2,000 metres of exploration and will be hitting four gold-copper breccia pipes already identified on the property. The newly identified pipes are quite close to the main zone of the property and were located during the summer exploration season.
The company has mapped and sampled the entire 3,404 hectares of the property and identified 60 breccia pipes that it intends to drill.
Dr Rohan Wolfe, CEO of Turmalina Metals, said he was pleased the program would accelerate with two rigs now turning on site.
“This second rig will test some exciting recently-discovered breccia pipes that are not only larger on surface than the main pipe but in some cases have returned higher gold, silver and copper rock chip assay results than found on the surface of the main zone breccia pipe.
“Drilling at the main pipe is progressing well, with a series of holes that test for vertical and lateral extensions to this high-grade breccia pipe: a breccia that returned some of the highest-grade gold grades ever reported for this style of mineralization during our 2019 drill program,” he said.
Turmaline Metals (TBX) is up five per cent and is trading at C$1.37 per share at 10:00 am EDT.
