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Silver Viper Minerals Corp.
Summary
| Project: | La Virginia | |
|---|---|---|
| Deposit: | La Virginia | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 2/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-2-2019: Silver Viper Minerals Corp. announces an Exploration/Drilling Update report for its La Virginia deposit at the La Virginia project. Drilling results incl. 2m @ 1.07g/t Au, 158g/t Ag from 89m. Vancouver, BC. Silver Viper Minerals Corp. (the “Co | |
| 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 provide drill results representing the balance of the 2018 diamond drilling at the La Virginia Gold‐Silver Project, (“La Virginia”), Sierra Madre, eastern Sonora, Mexico. The Company commenced the exploration program in late September 2018, and by mid‐December had completed 4,753m in 20 drill holes, over five distinct prospect areas, distributed along 11km of the prospective structural trend. Results contained herein relate to the fifth and final target of 2018, the Con Virginia target area. Silver Viper’s 2018 diamond drilling program was designed largely as an exploratory test of several undrilled or lightly tested targets within the La Virginia property. The results from Con Virginia, tabulated below, range from no significant results in holes LV18‐205 and 206, up to a series of four gold‐silver mineralized intervals in LV18‐208. The reported results complete the balance of samples from the 2018 drilling. The highlight of 2018 was El Rubi, a never‐before drilled showing, located some 1.5km north of any previous drilling. El Rubi returned a best result of 6m true width (13.3m core length) averaging 3.16g/t gold and 228g/t silver for a gold equivalent1 grade of 6.42g/t Au. Silver Viper’s President and CEO Steve Cope states, “We are very pleased with the success of our first drilling campaign at La Virginia. Of the areas tested in this program, the discovery at El Rubi clearly stands out and it is the prospect area where the next phase of drilling will be focused. The 100m long portion of El Rubi we have drilled is only a small segment of the larger target area which lies north of La Virginia. El Rubi is located on a discrete mesa, generally along trend from La Virginia, and has seen very little previous exploration work. Our field crews are actively following up geochemical anomalies, both along trend and along parallel structures identified in 2018.” | |
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