Vancouver — A 6-hole drill program by Peruvian-based Mauricio Hochschild & Compania has hit a new silver vein on
Three holes targeted an induced-polarization (IP) anomaly near the historic San Jose shaft. Highlights are as follows:
– hole 1 cut 1.5 metres grading 16 grams silver per tonne, 0.26% zinc and 0.72% copper from a down-hole depth of 44.2 metres. Moving 150 metres southwest;
– hole 6 hit 3 metres grading 413.5 grams silver, 0.38% lead and 0.78% zinc from 236.2 metres down-hole. A stringer zone grading 38.3 grams silver over 35.1 metres underlies the newly discovered vein.
– Collared 200 metres north, hole 5 returned 4.6 metres averaging 61 grams silver at 85.3 metres down-hole and 1.5 metres grading 77 grams silver, 0.18% lead and 0.71% zinc at 208.8 metres down-hole.
The remaining three holes tested a second IP anomaly, some 1.5 km northeast of Minillas. The holes cut massive pyrite with no significant mineral values.
Hochschild plans to conduct additional surveys, and resume drilling in May.
Mauricio Hochschild can earn a 68% stake in the 276-sq.-km property, 20 km south of Zacatecas city, by spending US$1.75 million over three years.
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