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INV Metals Inc.
Summary
| Project: | Tierras Coloradas | |
|---|---|---|
| Deposit: | Tierras Coloradas | |
| Location: | Ecuador | |
| Commodities: | Gold-Silver | |
| Date: | 4/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-4-2020: INV Metals Inc. announces an Exploration/Drilling Update report for its Tierras Coloradas deposit at the Tierras Coloradas project. Drilling results incl. 11.9m @ 2.31g/t Au, 7.4g/t Ag from 109.1m. TORONTO, ON – April 22, 2020 – INV Metals Inc. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Darren King (Internal) | |
| ABSTRACT: | TORONTO, ON – April 22, 2020 – INV Metals Inc. (“INV Metals” or the “Company”) (TSX:INV) is pleased to announce the preliminary drill results from the main vein and surrounding alteration zone in each of the first ten holes of a planned 12 hole drill program and the discovery of the Tuna 1 vein on the Company’s 100% owned Tierras Coloradas gold target (“Tierras Coloradas”, the “Target”, or the “Property”). The Property totals 6,955 hectares and is located in the Province of Loja, in southern Ecuador near the border of Peru. The initial drill program at Tierras Coloradas was designed to test INV Metals’ discovery of a low sulphidation epithermal quartz vein system on the Target, which returned high grade gold results within channel and rock chip samples. The reported results are highlighted by intercepts of 10.94 g/t gold over 1.5 m and 3.91 g/t Au over 4.0 m which is indicative of the presence of high grades within the veins at depth. These highgrade intercepts were encountered at the highest elevations drilled within the system and open the possibility to grades increasing at depth within this area. In addition, drilling has confirmed that the veins are continuous and mineralized at depth. | |
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