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Silver Viper Minerals Corp.
Summary
| Project: | La Virginia | |
|---|---|---|
| Deposit: | La Virginia | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 11/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-11-2018: Silver Viper Minerals Corp. announces an Exploration/Drilling Update report for its La Virginia deposit at the La Virginia project. Drilling results incl. 18m @ 1.04g/t Au, 79g/t Ag from 178m. 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”) (TSXV: VIPR) is pleased to announce the first batch of analyses from its initial drilling program at La Virginia Gold-Silver project, 220 kilometres east-northeast of Hermosillo, Sonora, Mexico. To date, Silver Viper has submitted 8 batches of samples for analysis and has received complete results for the first five holes. The 2018 ongoing drilling programme at La Virginia is designed as a combination of confirmation/exploration holes, with a strong emphasis on exploration. Initial work targeted areas within or close to the known extents of mineralization. Subsequent holes were designed to test for additional mineralization along the regional trend and in parallel structures. Drillholes reported herein were collared in and around the Las Huatas prospect area located in the southern portion of the known mineralized trend. Drillholes LV18-189 and 190 were designed to test thin mineralized structures parallel to the main trend, but hole LV18-190 was abandoned before reaching target depth. Drillholes LV18-191, 192 and 193 targeted the main mineralized trend previously identified and tested by Minefinders/Pan American Silver. Silver Viper drilling intercepted mineralization at expected depths and reflect generally expected widths and grades. The intercepts are characteristic of previous hits on the project, where gold and silver bearing quartz veining/stockwork/breccia fill is often hosted in close proximity to the fractured contact between andesites of the lower volcanic succession and pre-mineral dacite dykes. Mineralization is hosted by both lithologies with the intervals often exhibiting strong silica overprint. | |
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