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Santana Minerals Ltd.
Summary
| Project: | Cuitaboca | |
|---|---|---|
| Deposit: | Mojardina South | |
| Location: | Mexico | |
| Commodities: | Silver-Zinc-Lead | |
| Date: | 6/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-6-2017: Santana Minerals Ltd. announces an Exploration/Drilling Update report for its Mojardina South deposit at the Cuitaboca project. Drilling results incl. 53m @ 47g/t Ag from 1m. 29 June 2017. Santana Minerals Limited (“Santana”) is pleased to repo | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jason Beckton (Internal) | |
| ABSTRACT: | 29 June 2017. Santana Minerals Limited (“Santana”) is pleased to report drill assay results for the first drill program testing the southern extensions of the Mojardina prospect at the Company’s Cuitaboca Project in Sinaloa, Mexico (Figure 1). Two of the first three holes in the recently completed RC drilling campaign have reported material silver mineralisation near surface. Drill holes MSRC033, MSRC034 and MSRC035 (Figure 2) were drilled at the southern end of the known Mojardina strike zone to test the southernmost identified surface expression of the system and followed diamond saw channel sampling. Grades across these first reported holes confirm the existence of strong mineralisation at the southern extent of Mojardina and are in line with or better than diamond channel grades at surface. Further interpretation work and drill planning of Mojardina South is already underway. A fourth hole, MSRC036, was drilled at the Santa Eduviges junction. While this hole did not intercept any material mineralisation it did not follow any previous surface channel sampling trenching and will form the basis for further interpretative work on the geologic structure. Further to the north in the Tepomena region, holes MSRC037, MSRC039 and MSRC040 showed weak mineralisation over narrow widths. Hole MSRC038 intersected 7m @53g/t Ag from surface. Further review and 3D interpretative work will now help advance the understanding. These early results on phase-1 testing of Mojardina South are considered highly encouraging. Drill holes 041 to 50 were designed to further test the identified mineralisation at Las Animas and Evangelina. Results are pending | |
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