Masivo to Resume Drilling With Upsized Program
Masivo to Resume Drilling With Upsized Program
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2023) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce it will resume drilling operations at the Boston Mine Project in the State of Nevada where the company has successfully completed its first hole targeting and encountering two projected parallel mineralized zones where significant copper-gold-silver values related to skarn mineralization with strong calc-silicate alteration along with locally pervasive copper sulfide (bornite) mineralization were encountered .
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2023年5月15日)-马西沃银业公司(TSXV：MASS)(场外粉色：GNYPF)(“Masivo”或“公司”)公司很高兴地宣布，将恢复内华达州波士顿矿山项目的钻探作业，在该项目中，公司已成功完成了第一个钻孔目标，并遇到了两个计划中的平行矿化带，在这两个矿化带中，发现了与矽卡岩型矿化有关的重要铜-金-银矿化，具有强烈的钙硅酸盐蚀变以及当地普遍存在的硫化铜(斑铜矿)矿化。
Masivo ceased drilling operations due to the significant winter snow conditions and are preparing to resume now that the project is more readily accessible. All drilling equipment remains on site which will allow for an expedited restart to the drilling program.
由于冬季积雪严重，Masivo停止了钻探作业，现在项目更容易进入，正在准备恢复。所有钻井设备仍留在现场，以便快速重新启动钻井程序。
Masivo's exploration team has drilled hole number 2 to a depth of 280 feet and the technical team has approved a 150-foot extension of this hole to test additional projected mineralized targets. Initial drilling was designed to test extensions of the pre World War 2 resources. Upon completion of drilling holes number 2, 3 and 4 in the Boston Mine area, Masivo will move onto drilling the Montgomery tunnel target area where historical results include; 5 feet at 26.19 ppm Au, 59.31 ppm Ag and 1.81% Cu (RC hole CON-3) and a 3 foot channel sample at 29.49 ppm Au, 169.03 ppm Ag and 3.9% Cu (sample 83770).
Masivo的勘探团队已经钻出了2号洞，深度为280英尺，技术团队已经批准将该洞延长150英尺，以测试其他预计的矿化目标。最初的钻探是为了测试二战前资源的延伸。在波士顿矿区的2号、3号和4号钻孔完成后，Masivo将着手钻探蒙哥马利隧道目标区，历史结果包括：5英尺Au 26.19ppm、59.31ppm Ag和1.81%铜(RC孔CON-3)和3英尺通道样品(Au 29.49ppm、银169.03 ppm和铜3.9%)(样品83770)。
Brian Brewer, the Qualified Person for Masivo, stated, "I am excited to resume drilling and complete this first phase drill program comprised of 10 holes. This will give us great insight to the mineralized structure that has a strike length of 7.5 Kilometers and has previously returned high grade production."
Masivo的合格人士Brian Breyer表示：“我很高兴能够恢复钻探并完成这个由10个孔组成的第一阶段钻探计划。这将使我们对走向长度为7.5公里的矿化构造有很大的了解，并且以前已经恢复了高品位生产。”
Masivo is currently raising up to C$750,000 at C$0.13 per unit in a non-brokered private placement, each unit consists of one common share and one non-transferable common share purchase warrant at C$0.20 to purchase an additional common share for three years from closing.
Masivo目前正以每单位0.13加元的非经纪私募方式筹集高达75万加元的资金，每个单位由一股普通股和一股不可转让的0.20加元的普通股认购权证组成，从交易完成起三年内再购买一股普通股。
Masivo filed for Price Preservation for up to 5.7 Million units at C$0.13 per share with a warrant attached at C$0.20 per a term of three years.
Masivo以每股0.13加元的价格申请了最多570万个单位的保价申请，并附上了为期三年的认股权证，每股0.20加元。
Brian Brewer, PGeo, is Masivo Silver's qualified person for the company's projects in Nevada and Mexico, and has approved this news release.
PGeo的布莱恩·布鲁尔是Masivo Silver公司在内华达州和墨西哥项目的合格人选，并批准了本新闻稿。
About Masivo Silver Corp.
Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the State of Nevada, US, and in the State of Sinaloa, 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 or email dcoburn@masivosilver.com.
马西沃银业公司简介
Masivo是一家总部位于加拿大温哥华的加拿大初级银矿和金矿勘探公司。Masivo目前专注于推进其在美国内华达州和墨西哥锡那罗亚州的勘探项目。内华达州的项目位于埃尔科县高产矿区，占地约543公顷(1,342英亩)，其中包括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的采矿重点包括在14,000+公顷(35,000+英亩)范围内的银和黄金勘探、开发和矿石加工，该地区位于墨西哥西部富含黄金/白银的马德雷西部趋势地带。该公司的磨矿厂位于其El Columo资产上，每天能够加工多达300吨矿石。有关Masivo目前的业务和愿景的更多信息，请访问公司网站或发送电子邮件至dcoburn@masivosilver.com。
ON BEHALF OF THE BOARD OF DIRECTORS
我代表董事会
"David Coburn"
“David·科本“
David Coburn, Chief Executive Officer
首席执行官David·科本
For information, please contact the Company:
如欲查询详情，请联络本公司：
Phone: 602-315-1231
E-mail: dcoburn@masivosilver.com
Website:
电话：602-315-1231
电子邮件：dcoburn@masivosilver.com
网站：
This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
本新闻稿包含基于公司当前预期、估计、预测和预测的“前瞻性信息”。这些前瞻性信息包括与公司勘探计划有关的陈述等。“将”、“预期”、“计划”或其他类似的词语和短语旨在识别前瞻性信息。前瞻性信息会受到已知和未知的风险、不确定性和其他因素的影响，这些风险、不确定性和其他因素可能会导致公司的实际结果、活动水平、业绩或成就与这些前瞻性信息明示或暗示的内容大不相同。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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