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E2 Metals Ltd.

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Summary

Project:

Conserrat

Deposit:Mia
Location:Argentina
Commodities:Silver-Gold
Date:5/6/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-5-2020: E2 Metals Ltd. announces an Exploration/Drilling Update report for its Mia deposit at the Conserrat project. Drilling results incl. 16m @ 3.91g/t Au, 123g/t Ag from 68m. E2 Metals Limited (E2 or the Company) is pleased to announce the results fo
Resources:x
CP/QP:[Overall Report]: Colin Brodie (Internal)
ABSTRACT:E2 Metals Limited (E2 or the Company) is pleased to announce the results for the five-hole scout RC drilling program at the Mia prospect. Mia is located in the Conserrat project and centred 15km along trend from AngloGold Ashanti’s world-class Cerro Vanguardia gold and silver mine (current and historical reserves of 8.9Moz Au, 137Moz Ag) The Mia drill program commenced on 13 March 2020 (see ASX announcement, Drilling Commences at Mia and Patricia, 13 March 2020) but was suspended shortly after in response to COVID-19. The program was reduced to five holes for 400m and hole depths ranged from 78 to 84m (CORC-34 to 38). Only one hole was commenced at the Patricia prospect (CORC-39). The drill hole was terminated at 40m prior to reaching target depth and the vein (up to 40.4gpt Au and 262gpt Ag at surface) remains untested. The results of all Mia holes have been received. Individual gold and silver assay results for each mineralised interval are provided in Table 2. The first two holes (CORC-34 and 35) were drilled in a scissor configuration and were orientated north and south to test the intersection of the Eastern and Northern Veins.

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