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.
温哥华，BC/ACCESSWIRE/2021年11月17日/Masivo Silver Corp. (“Masivo”或“公司”)多伦多证券交易所股票代码：MASS)(场外粉色股票代码：GNYPF)今天宣布，根据2021年5月26日新闻稿中概述的最终协议，该公司已收到五大湖勘探公司(“GLE”)和多伦多证券交易所(TSXV)对内华达州埃尔科县波士顿和蒙哥马利矿山项目(“项目”)的最终剩余批准。
"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.首席执行官大卫·科本(David Coburn)表示：“我们非常高兴整个尽职调查过程已经完成，公司现在可以在这个多产的矿区执行钻探计划。”“我们目前处于批准的后期阶段，期待着在本季度晚些时候宣布钻探开始日期。”
Drill Program Objectives
演练计划目标
- 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.
- 波士顿矿场专利-在90英尺深的矿井中测试历史矿化，分级为每吨2,880克银(g/t Ag)、25.7克/t金(Au)和32%铜(Cu)。另一份报告指出，在同一深度有一条6英寸长的矿脉，其Ag含量为10885g/t(即超过1%)。[1].
- 蒙哥马利隧道-在蒙哥马利隧道下面和附近钻探，在那里收集了大量具有丰富可见金(VG)的高品位地表样品。Masivo人员采集的渠道样本在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
地质概况
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.
这些项目覆盖了约9公里的潜在变质石灰岩，其中含有银、金和铜层控夕卡岩矿化，边缘是侏罗纪古老的花岗闪长岩侵入体的接触面。矿化由与断裂和蚀变斑岩岩脉相邻的钙硅酸角岩中的斑铜矿、斑铜矿和闪长石组成，并与花岗闪长岩接触带附近的有利层位交代。
Qualified Person
合格人员
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的布莱恩·布鲁尔是Masivo Silver公司在墨西哥和内华达州项目的合格人选，他已经批准了这篇新闻稿。
About Masivo Silver Corp.
关于马西沃银业公司(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是一家总部位于加拿大温哥华的加拿大初级银和金矿勘探公司。Massivo目前专注于推进其在美国内华达州和墨西哥辛诺亚州的勘探项目。内华达州的项目位于埃尔科县产量极高的矿区，占地约543公顷(1342英亩)，包括65个非专利土地主张，包括历史悠久的波士顿矿。在墨西哥，Masivo的采矿重点包括总占地14,000多公顷(35,000英亩)的银和黄金勘探、开发和矿石加工，该地区位于墨西哥西部富含黄金/白银的马德雷山脉西方趋势的战略位置。该公司的磨矿厂位于其El Columo资产上，每天可处理多达300吨矿石。有关Masivo公司目前业务和愿景的更多信息，请访问公司网站www.masivosilver.com或发电子邮件至info@masivosilver.com。
ON BEHALF OF THE BOARD OF DIRECTORS
我谨代表董事会
"David Coburn" Chief Executive Officer
“大卫·科本”(David Coburn)首席执行官
For information, please contact the Company:
如需信息，请联系本公司：
Phone: 602-315-1231
电话：602-315-1231
E-mail: info@masivosilver.com
电子邮件：info@masivosilver.com
Website: www.masivosilver.com
网址：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]这些报告不符合NI 43-101报告标准，所有引用的数字都应该被认为是历史性的。
SOURCE: Masivo Silver Corp.
资料来源：马西沃银业公司(Masivo Silver Corp.)
译文内容由第三方软件翻译。