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Silver Viper Minerals Corp.
Summary
| Project: | La Virginia | |
|---|---|---|
| Deposit: | El Rubi | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 2/12/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-2-2020: Silver Viper Minerals Corp. announces an Exploration/Drilling Update report for its El Rubi deposit at the La Virginia project. Drilling results incl. 7.0m @ 14.4g/t Au, 85.9g/t Ag from 188.0m. Vancouver, BC. Silver Viper Minerals Corp. (the “C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dale Brittliffe (Not stated) | |
| ABSTRACT: | Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to announce the latest batch of results from ongoing drilling at the La Virginia Gold-Silver Exploration Project, Sonora state, Mexico. The current campaign began in late November 2019 and expands upon the Company’s 2018 initial test of the El Rubi target, a new gold-silver zone on the property. The El Rubi mineralized structure has now been intercepted on five sections for a total 250m of strike extent. The mineralized structure is open to the north, south and to depth. In addition, results to date indicate the presence of adjacent, possible parallel mineralized structures. The current campaign was designed to total 5,000m of diamond drilling in approximately 20 holes. Currently the Company has completed 10 holes for a total of 3100m. Silver Viper intends to expand the program should positive results continue to be realized. Mineralization at El Rubi is similar in character to other mineralized zones on the property such as La Virginia, Con Virginia and Las Huatas. Gold and silver mineralization is hosted in quartz veins, stockworks and breccias controlled along a north-northwest structural trend. The Phase I drilling at El Rubi comprised 5 drill holes on three 50m spaced sections, for a total strike-length of 100m. To date Phase II comprises 7 reported holes having tested both an additional 150m along strike and down-dip tests of previous intercepts. | |
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