Silver Storm Mining Ltd. (“
Silver Storm
” or the ”
Company
“) (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR), is pleased to announce further drill results from its Phase 1 diamond drilling program at the Company’s 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Results from the 23 holes (3,039 metres (“
m
”)) contained within this release are from the Rosarios and C340 Zones in the Rosarios mine.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20240527198653/en/
Figure 1: Rosarios Zone Cross Section View to North of Key Results Holes RO-24-001 to 023A (Graphic: Business Wire)
An overview video on the La Parrilla Project is available at:
www.youtube.com/watch?v=dybgKXcGrYo
Key highlights include:
Numerous high-grade intercepts were encountered within the Rosarios Mine underneath and in proximity to previous mined stopes.
The current drill results, when combined with historical holes drilled by FM, are expected to have a positive impact on future Mineral Resources.
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In Central Rosarios, hole RO-24-015 returned
598 g/t Ag.Eq
1
over 3.91 m
including
1,170 g/t Ag.Eq over 0.50 m
and
1,071 g/t Ag.Eq over 1.35 m
, RO-24-014 returned
431 g/t Ag.Eq over 0.69 m
and
285 g/t Ag.Eq over 1.02 m
, hole RO-24-020 returned
300 g/t Ag.Eq over 1.87 m
including
588 g/t Ag.Eq over 0.46 m,
hole RO-24-018 returned
928 g/t Ag.Eq over 0.50 m
, and hole RO-24-017 that returned
225 g/t Ag.Eq over 1.48 m
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Seven drill holes in this area encountered high-grade mineralization outside the current resource envelope
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-
In Western Rosarios, hole RO-24-001 returned
283 g/t Ag.Eq over 3.84 m
,
including 542 g/t Ag.Eq over 1.19 m and 868 g/t Ag.Eq over 0.39 m
, hole RO-24-022A returned
900 g/t Ag.Eq over 0.97 m
within a broader interval of
682 g/t Ag.Eq over 1.47 m
, and hole RO-24-003 intersected
450 g/t Ag.Eq over 0.30 m
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High-grade mineralization extends the zone 135 m downdip
from the last mined stope in the area, demonstrating potential of extending the zone further downdip and to the west
-
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In Eastern Rosarios, hole RO-24-012 returned
338 g/t Ag.Eq over 1.97 m
within a broader interval of 187 g/t Ag.Eq over 4.54 m-
Extended the zone approximately 95 m downdip
from the last mined stope in this area
-
-
A new mineralized zone was identified in Eastern Rosarios with hole RO-24-007 returning
605 g/t Ag.Eq over 0.31 m
and RO-24-009 returning several intercepts the most notable being
889 g/t Ag.Eq over 0.44 m
and
468 g/t Ag.Eq over 0.44 m
Greg McKenzie, President and CEO, commented:
“We are pleased with our first drill results from the Rosarios Mine and anticipate these results should have a positive impact on future Mineral Resources, both in terms of tonnage and grade. Although the grades are not as pronounced as those from Quebradillas, historical mining by FM from Rosarios has offered a steady and predictable tonnage, which is important as Rosarios is the closest of the five mines to the processing plant. Our recent drilling reaffirms our thesis that high-grade zones can be expanded along strike and below previously mined horizons.”
Rosarios Zone
The Rosarios Zone has historically been an important part of the La Parrilla Mine Complex, characterized by a sulphide-bearing quartz-carbonate vein hosted within a fault zone striking 290 degrees and dipping 64 degrees to the northeast over a known strike length of approximately 2 km. The mineralization extends vertically for 900 m and its true width varies up to 14 m. The vein sits roughly at the northern contact of a granodiorite stock and sediments. Stockwork zones are developed either at the footwall or hanging wall of the vein; vein splays and sulphide replacement zones are typically developed in the hanging wall. The Rosarios Zone remains open along strike and at depth. The zone has been subdivided into the Western, Central, and Eastern Rosarios (Figure 1).
Central Rosarios
Holes RO-24-004A to 006 and 014 to 023A targeted…
Read More: Silver Storm Announces Rosarios Mine Drill Results