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Prospero Silver Corp.
Summary
| Project: | Pachuca SE | |
|---|---|---|
| Deposit: | Pachuca SE | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 9/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-9-2019: Prospero Silver Corp. announces an Exploration/Drilling Update report for its Pachuca SE deposit at the Pachuca SE project. Drilling results incl. 1.80m @ 0.58g/t Au, 143.8g/t Ag from 593.40m. Vancouver, British Columbia--(Newsfile Corp. - Sept | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tawn Albinson (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - September 17, 2019) - Prospero Silver Corp. (TSXV: PSL) ("The Company" or "Prospero") is pleased to provide an update on a recent diamond-drilling program at its Pachuca SE project in Hidalgo state, Mexico, which was funded by PSL's strategic partner, Fortuna Silver Mines Inc. The first 3 holes, which were drilled in 2018, identified a new epithermal system at Pachuca (see news releases dated March 14 and 29, 2018). An additional 8 holes (5,933m) were drilled in 2019 to target a potential blind, epithermal mineralized ore zone at depth. The Pachuca SE target lies about 20km southeast of the Vizcaina vein, one of the largest silver-rich epithermal veins globally. Tawn Albinson, the President of Prospero Silver commented: "We are pleased with the latest set of results from Pachuca SE. Holes 1, 2, 3, 10, & 11 have highlighted interesting precious metal grades over intervals of up to 24.9m downhole, indicating prospective other deeper targets for future drilling, although the strike extent is unknown at the moment. We'll be discussing the implications of the current results with Fortuna soon." The diamond drilling completed to date at Pachuca SE indicates that one or more mineralized epithermal zones are present in the project area. The top of the mineralized zone appears to be located at a similar elevation, roughly 200m below surface, in both the southern Varal and northern Aguayutla areas. Alteration at depth is typical of a high-level epithermal environment with an upper smectite/montomorillonite zone, zoning downwards into high-crystallinity illite and kaolinite alteration zones which appear structurally controlled and associated with the silicified mineralized zones. | |
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