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Santana Minerals Ltd.
Summary
| Project: | Cuitaboca | |
|---|---|---|
| Deposit: | Mojardina | |
| Location: | Mexico | |
| Commodities: | Silver-Zinc-Lead | |
| Date: | 7/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-7-2017: Santana Minerals Ltd. announces an Exploration/Drilling Update report for its Mojardina deposit at the Cuitaboca project. Drilling results incl. 32m @ 104g/t Ag from 98m. 11 July 2017 - Santana Minerals Limited (“Santana”) is pleased to report | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jason Beckton (Internal) | |
| ABSTRACT: | 11 July 2017 - Santana Minerals Limited (“Santana”) is pleased to report drill assay results for the remainder of the recently completed RC drill program at its Mojardina prospect at the Company’s Cuitaboca Project in Sinaloa, Mexico (Figure 1). Having confirmed a new zone of near-surface silver mineralisation at Mojardina South in the first phase of the May-June 2017 drill program (ASX: 29 June 2017) the second phase of drilling (holes 41-50 – Figure 2) was designed to test below the two previously identified controlling vein systems of Las Animas and Evangelina in the north-western part of the Mojardina structure. The Company is pleased to report several significant intersections that suggest mineralisation continues at depth across both of these vein systems. The Company is highly encouraged by the overall results of the drill program at Mojardina with a new zone of mineralisation identified at the southern extent of the structure and expansionary drilling below Evangelina and Las Animas confirming mineralisation remains open at depth and along strike (Figures 3 and 4). Each of the three RC drill programs undertaken at the Mojardina prospect have added significantly to its advancement and delivered material results that confirm the potential for a near surface, bulk tonnage silver resource. Santana is a precious metals explorer focused on Mexico where it owns 100% of the Namiquipa (silver/lead/zinc) project in Chihuahua and is earning into ownership of the Cuitaboca Ag-Au polymetalic project in Sinaloa. Additional information about Santana and its projects is available on the website: www.santanaminerals.com | |
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