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Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 45.00% Copper Equivalent Over 4.22 Metres Grading 19.11% Copper, 24.36 G/t Gold, 10.93% Zinc, 309.5 G/t Silver and 0.83% Lead
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PR Newswire
TORONTO, Dec. 30, 2020
TORONTO, Dec. 30, 2020 /PRNewswire/ - Adventus Mining Corporation ("Adventus") (TSX-V: ADZN) (OTCQX: ADVZF) and Salazar Resources Limited ("Salazar") (TSX-V: SRL) (collectively the "Partners") are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling continues at El Domo with two diamond drill rigs at site. In the current program, a total of 15 infill definition drill holes having been successfully completed totaling 1,573 metres from the planned 4,960 metres, with two drill holes currently in progress totaling a further 119.20 metres completed.
Highlights
- CURI-344 intersected 6.14 metres of 14.91% copper, 21.02 g/t gold, 10.39% zinc, 255.3 g/t silver, and 0.75% lead for 37.48% CuEq. – including 4.22 metres of 19.11% copper, 24.36 g/t gold, 10.93% zinc, 309.5 g/t silver and 0.83% lead for 45.00% CuEq.
- CURI-343 intersected 1.50 metres of 2.45% copper, 9.09 g/t gold, 12.01% zinc, 211.7 g/t silver, and 1.96% lead for 16.38% CuEq. – including 0.60 metres of 4.68% copper, 21.30 g/t gold, 28.11% zinc, 491.0 g/t silver and 4.79% lead for 37.30% CuEq.
- CURI-342 intersected 1.90 metres of 3.04% copper, 16.41 g/t gold, 17.94% zinc, 181.2 g/t silver, and 2.23% lead for 24.41% CuEq.
Figure 1 outlines the drill locations for the three drill hole results outlined in this news release and the holes currently in the assay lab, or in progress. Drill collar location coordinates are summarized for the infill drilling program in Table 1 at the end of this news release.
Drill hole CURI-342 intersected a narrow section of high-grade copper and gold-rich massive sulphide mineralization from 95.60 to 97.50 metres, grading 3.04% copper, 16.41 g/t gold, 17.94% zinc, 181.2 g/t silver and 2.23% lead (24.41% CuEq). Stratigraphically beneath the massive sulphide is a well mineralized felsic autobreccia in the footwall rocks intersected from 97.50 to 107.50 metres, grading 0.49% copper, 0.26 g/t gold, 0.41% zinc, 9.6 g/t silver and 0.05% lead (0.69% CuEq). This includes a higher-grade subset from 97.50 to 99.50 metres, grading 1.26% copper, 0.61 g/t gold, 1.18% zinc, 24.1 g/t silver and 0.17% lead (2.44% CuEq).
| Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq(1) (%) | Approx. True Thickness (m) |
| CURI-342 | 95.60 | 97.50 | 1.90 | 3.04 | 16.41 | 17.94 | 181.2 | 2.23 | 24.41 | 1.50 |
| | 97.50 | 107.50 | 10.00 | 0.49 | 0.26 | 0.41 | 9.6 | 0.05 | 0.69 | 8.00 |
| including | 97.50 | 99.50 | 2.00 | 1.26 | 0.61 | 1.18 | 24.1 | 0.17 | 2.44 | 1.60 |
| (1) | Metal equivalency based on US$3.62/lb Cu, US$1,888.80/oz Au, US$1.30/lb Zn, US$25.95/oz Ag and US$0.93/lb Pb; noting that no adjustments were made in the metal equivalency calculation for metal recovery. Prices taken from 6-month contracts for precious metals and 3-month contracts for base metals from the London Metal Exchange, dated December 18, 2020. |
CURI-343 intersected a well-mineralized fine-grained tuffaceous volcaniclastic in the hanging wall of the massive sulphide mineralization from 99.38 to 101.90 metres, grading 0.84% copper, 1.92 g/t gold, 2.67% zinc, 37.0 g/t silver, and 0.10% lead (3.67% CuEq). The massive sulphide mineralization was intersected from 101.90 to 103.40 metres, grading 2.45% copper, 9.09 g/t gold, 12.01% zinc, 211.7 g/t silver, and 1.96% lead (16.38% CuEq). A higher-grade subset was intersected from 101.90 to 102.50 metres, grading 4.68% copper, 21.30 g/t gold, 28.11% zinc, 491.0 g/t silver, and 4.79% lead (37.30% CuEq).
| Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq(1) (%) | Approx. True Thickness (m) |
| CURI-343 | 99.38 | 101.90 | 2.52 | 0.84 | 1.92 | 2.67 | 37.0 | 0.10 | 3.67 | 1.64 |
| including | 99.38 | 100.80 | 1.42 | 1.41 | 3.14 | 4.34 | 54.8 | 0.09 | 5.94 | 0.92 |
| | 101.90 | 103.40 | 1.50 | 2.45 | 9.09 Werbung Mehr Nachrichten zur Salazar Resources Aktie kostenlos abonnieren
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