Masivo Silver Receives Final Approvals for Nevada Project
Masivo Silver Receives Final Approvals for Nevada Project
VANCOUVER, BC / ACCESSWIRE / November 17, 2021 / Masivo Silver Corp. ("Masivo" or the "Company") (TSXV:MASS)(OTC PINK:GNYPF) today announced it has received the final remaining approvals for the Boston and Montgomery Mine projects ("Projects") in Elko County, Nevada from Great Lakes Exploration Inc. ("GLE") and the TSXV as per the Definitive Agreement outlined in the May 26, 2021 press release.
温哥華，BC/ACCESSWIRE/2021年11月17日/Masivo Silver Corp. (“Masivo”或“公司”)多倫多證券交易所股票代碼：MASS)(場外粉色股票代碼：GNYPF)今天宣佈，根據2021年5月26日新聞稿中概述的最終協議，該公司已收到五大湖勘探公司(“GLE”)和多倫多證券交易所(TSXV)對內華達州埃爾科縣波士頓和蒙哥馬利礦山項目(“項目”)的最終剩餘批准。
"We are very happy that this entire due diligence process has been completed and the company can now move towards executing its drill program in this prolific mining district," stated David Coburn, CEO, Masivo Silver Corp. "We are currently in the late stages of permitting and look forward to announcing the drilling start date later this quarter."
Masivo Silver Corp.首席執行官大衞·科本(David Coburn)表示：“我們非常高興整個盡職調查過程已經完成，公司現在可以在這個多產的礦區執行鑽探計劃。”“我們目前處於批准的後期階段，期待着在本季度晚些時候宣佈鑽探開始日期。”
Drill Program Objectives
演練計劃目標
- Boston Mine patent - Test historic mineralization in the mine shaft at a depth of 90 feet grading 2,880 grams per tonne silver (g/t Ag), 25.7 g/t gold (Au) and 32% copper (Cu). An additional report stated that there was a six-inch vein at this same depth that assayed 10,885 g/t Ag (i.e. more than 1%)[1].
- Montgomery Tunnel - Drill under and adjacent to the Montgomery Tunnel, where numerous high grade surface samples with abundant visible gold (VG) have been collected. Channel samples taken by Masivo personnel have returned 29.5 g/t Au and 169 g/t Ag over 3 feet and 3.3 g/t Au, 89.8 g/t Ag and 3.1% Cu over 10 feet.
- 波士頓礦場專利-在90英尺深的礦井中測試歷史礦化，分級為每噸2,880克銀(g/t Ag)、25.7克/t金(Au)和32%銅(Cu)。另一份報告指出，在同一深度有一條6英寸長的礦脈，其Ag含量為10885g/t(即超過1%)。[1].
- 蒙哥馬利隧道-在蒙哥馬利隧道下面和附近鑽探，在那裏收集了大量具有豐富可見金(VG)的高品位地表樣品。Masivo人員採集的渠道樣本在3英尺以上返回29.5 g/t Au和169 g/t Ag，在10英尺以上返回3.3 g/t Au、89.8 g/t Ag和3.1%Cu。
Geology Overview
地質概況
The Projects covers about nine kilometers of prospective metamorphosed limestones containing silver, gold and copper stratabound skarn mineralization marginal to the contact of a Jurassic aged granodiorite intrusion. Mineralization consists of bornite, chalcopyrite and digenite with silver and gold in calc-silicate hornfels adjacent to faults and altered porphyry dikes, as well as replacement of favourable horizons adjacent to the granodiorite contact.
這些項目覆蓋了約9公里的潛在變質石灰巖，其中含有銀、金和銅層控夕卡巖礦化，邊緣是侏羅紀古老的花崗閃長巖侵入體的接觸面。礦化由與斷裂和蝕變斑巖巖脈相鄰的鈣硅酸角巖中的斑銅礦、斑銅礦和閃長石組成，並與花崗閃長巖接觸帶附近的有利層位交代。
Qualified Person
合格人員
Brian Brewer, PGeo, is Masivo Silver's qualified person for the company's projects in Mexico and Nevada, and has approved this news release.
PGeo的布萊恩·布魯爾是Masivo Silver公司在墨西哥和內華達州項目的合格人選，他已經批准了這篇新聞稿。
About Masivo Silver Corp.
關於馬西沃銀業公司(Masivo Silver Corp.)
Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Massivo is currently focused on advancing its exploration projects in the State of Nevada, US, and in the State of Sinoloa, Mexico. The Nevada projects are located in the highly prolific mining district of Elko County, covering approximately 543 hectares (1,342 acres), consisting of 65 unpatented land claims, including the historic Boston Mine. In Mexico, Masivo's mining focus includes silver and gold exploration, development, and ore processing within an aggregate of 14,000+ hectares (35,000+ acres) strategically located in the gold/silver-rich Sierra Madre Occidental Trend in western Mexico. The Company's mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day. Additional information on Masivo's current operations and vision, is available on the Company's website at www.masivosilver.com or email info@masivosilver.com.
Masivo是一家總部位於加拿大温哥華的加拿大初級銀和金礦勘探公司。Massivo目前專注於推進其在美國內華達州和墨西哥辛諾亞州的勘探項目。內華達州的項目位於埃爾科縣產量極高的礦區，佔地約543公頃(1342英畝)，包括65個非專利土地主張，包括歷史悠久的波士頓礦。在墨西哥，Masivo的採礦重點包括總佔地14,000多公頃(35,000英畝)的銀和黃金勘探、開發和礦石加工，該地區位於墨西哥西部富含黃金/白銀的馬德雷山脈西方趨勢的戰略位置。該公司的磨礦廠位於其El Columo資產上，每天可處理多達300噸礦石。有關Masivo公司目前業務和願景的更多信息，請訪問公司網站www.masivosilver.com或發電子郵件至info@masivosilver.com。
ON BEHALF OF THE BOARD OF DIRECTORS
我謹代表董事會
"David Coburn" Chief Executive Officer
“大衞·科本”(David Coburn)首席執行官
For information, please contact the Company:
如需信息，請聯繫本公司：
Phone: 602-315-1231
電話：602-315-1231
E-mail: info@masivosilver.com
電子郵件：info@masivosilver.com
Website: www.masivosilver.com
網址：www.masivosilver.com
[1] These reports are not compliant with NI 43-101 reporting standards and all numbers quoted should be considered as historic.
[1]這些報告不符合NI 43-101報告標準，所有引用的數字都應該被認為是歷史性的。
SOURCE: Masivo Silver Corp.
資料來源：馬西沃銀業公司(Masivo Silver Corp.)
譯文內容由第三人軟體翻譯。